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Sailfish Royalty (TSXV:FISH) declares dividend for Q1 2023

 Trevor Abes Trevor Abes , The Market Online
0 Comments| April 3, 2023

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  • Sailfish Royalty (FISH) will pay out a US$0.0125 dividend in Q1 2023 on April 17
  • The date of record to receive the dividend was as of the close of business on March 31, 2023
  • CEO Paolo Lostritto spoke with Shoran Devi about the company’s key assets and its plans for the near future
  • Sailfish is a precious metals royalty and streaming company with robust assets in the U.S., Mexico and Nicaragua
  • Sailfish Royalty shares (TSXV:FISH) opened with a loss of 0.91 per cent trading at $1.08 per share

Sailfish Royalty (FISH) will pay out a US$0.0125 dividend in Q1 2023 on April 17.

The date of record to receive the dividend was as of the close of business on March 31, 2023.

Shareholders should note that future dividends are subject to the discretion and approval of Sailfish’s Board of Directors based on current financial position, capital allocation framework, profitability, cash flow, and legal requirements, among other factors.

The company is also granting 700,000 incentive stock options to certain directors, officers and consultants. The options can be exercised at C$1.14 and will vest over two years with an expiry date of March 13, 2028.

CEO Paolo Lostritto spoke with Shoran Devi about the company’s key assets and its plans for the near future.

Sailfish is a precious metals royalty and streaming company. Its three main Americas-based assets are:

  • A gold stream equivalent to a 3 per cent NSR on the San Albino gold mine (~3.5 sq. km) and a 2 per cent NSR on the rest of the area (~134.5 sq. km) surrounding San Albino in northern Nicaragua. Production reached 8,630 ounces of gold in Q2 2022. Processing currently stands at 500 t/d with expansion to 1,000 t/d expected this year
  • An up to 3 per cent NSR on the Spring Valley gold project in Pershing County, Nevada, which offers a historical 43-101 M&I resource of over 4 million ounces of gold
  • A 100 per cent interest in the Gavilanes Silver Project in Durango State, Mexico, which boasts a mineral resource estimate of 22.4 million ounces of silver equivalent at 245.6 g/t AgEq

Sailfish Royalty (FISH) opened with a loss of 0.91 per cent trading at $1.08 per share.

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