Royalty North Announces Sale and Settlement of Loan Agreement

Vancouver, British Columbia--(Newsfile Corp. - February 27, 2018) - Royalty North Partners Ltd. (TSXV: RNP) ("RNP" or the "Company") announces that further to its press release dated January 9, 2018 it has entered into a purchase agreement with Miramar Financial Group and David Karp to sell the Company's loan and royalty agreement on Country Wine & Spirits, Inc ("CWS") for a cash sum of US$300,000. These funds have already been received by the Company and used to reduce indebtedness.

The Company has also entered into a settlement agreement with CWS whereby CWS will pay to RNP the sum of US$1,200,000 over the next 30 months at which point all CWS obligations to RNP will be extinguished.

On behalf of the Company,

"Justin Currie"
Chief Executive Officer and Director

About Royalty North Partners Ltd.

Royalty North Partners is a Vancouver, BC based, TSXV-listed (RNP) company focused on creating a diversified portfolio of cash flowing royalties by providing financing to private businesses operating in the "mid-market". RNP is led by a seasoned board and management team with a successful track record of experience in royalty financing, capital market transactions and private company operations. RNP is targeting royalty investments in companies with stable cash flows in non-resource based sectors looking for growth/acquisition capital, recapitalization or succession liquidity.

For more information, please contact:

Chris Buss, Chief Investment Officer and Director
Royalty North Partners Ltd.
Phone: (604) 628-1101
www.royaltynorth.com

This press release does not constitute an offer to purchase securities. The securities offered in the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States or to, or for the benefit or account of, a U.S. person, except pursuant to an available exemption from such registration requirements.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

Except for the statements of historical fact contained herein, the information presented constitutes "forward looking statements" within the meaning of certain securities laws, and is subject to important risks, uncertainties and assumptions. The words "may", "could", "should", "would", "suspect", "outlook", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target" and similar words and expressions are used to identify forward-looking information. The forward-looking information in this news release describes the Company's expectations as of the date of this news release and accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including the risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators. While the Company may elect to, it does not undertake to update this information at any particular time except as required by law. RNP does not provide any representation as to its comparability with other companies in similar industries including, but not limited to, Alaris Royalty Corp., Diversified Royalty Corp., Founders Advantage Capital Corp., Sandstorm Gold Ltd., and Franco-Nevada Corporation.

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