Summary
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Royalties Inc. Profile
| Metals & Mining Industry | Materials Sector | Mr. Timothy David Gallagher B.Com., C.F.A., M.B.A. CEO | CNSX Exchange | - ISIN |
| US Country | - Employees | - Last Dividend | 3 Sep 2008 Last Split | - IPO Date |
Overview
Royalties Inc., operating out of its headquarters in Toronto, Canada, is primarily engaged in the exploration and evaluation of properties situated across Mexico, the Bahamas, and Canada. The company, which transitioned its name from Xtierra Inc. to Royalties Inc. in April 2023, holds a diverse portfolio through its subsidiary, Music Royalties Inc., and maintains an interest in a smelter royalty on the Bilbao project—a silver-lead-zinc-copper project located in the southeastern part of the State of Zacatecas.
Products and Services
- Exploration and Evaluation of Properties
Royalties Inc. is involved in the exploration and evaluation of mineral properties across Mexico, the Bahamas, and Canada, targeting valuable minerals such as silver, lead, zinc, and copper. This involves identifying potential mining sites, conducting geological surveys, and estimating the value of the mineral deposits.
- Music Royalties Inc.
In addition to its mining interests, Royalties Inc. diversifies its investment portfolio by holding a portion of Music Royalties Inc. This subsidiary focuses on acquiring and managing a collection of music royalties, providing the company with a unique position in the entertainment sector. This approach allows Royalties Inc. to capitalize on the revenue streams generated from the use, performance, and licensing of musical compositions and recordings.
- Smelter Royalty on Bilbao Project
Royalties Inc. holds an interest in smelter royalties from the Bilbao project, a mining endeavor located in Zacatecas, Mexico. This project encompasses the extraction and processing of silver, lead, zinc, and copper. The company benefits from the smelting process, where these raw materials are refined and sold, generating ongoing royalty income based on the output and market prices of these metals.
