TORTOLA, British Virgin Islands, Sept. 7,
2022 /CNW/ - Sailfish Royalty Corp. (TSXV: FISH)
(OTCQX: SROYF) (the "Company" or "Sailfish") is
pleased to announce that its Board of Directors has declared the
Company's third quarterly cash dividend for 2022 in the amount of
US$0.0125 per common share that will
be payable on October 14, 2022 to
Sailfish shareholders of record as of the close of business on
September 30, 2022.
The declaration, timing, amount, and payment of future dividends
will be subject to the discretion and approval of the Board of
Directors. The Company will review the dividend policy on an
ongoing basis and may amend it at any time depending on the
Company's then current financial position, capital allocation
framework, profitability, cash flow, legal requirements and other
factors considered relevant. As such, no assurances can be made
that any future dividends will be declared and/or paid.
Dividend payments may be subject to withholding taxes.
About Sailfish
Sailfish is a precious metals royalty and streaming company.
Within Sailfish's portfolio are two main assets in the Americas: a
gold stream equivalent to a 3% NSR on the San Albino gold mine
(~3.5 sq. km) and a 2% NSR on the rest of the area (~134.5 sq. km)
surrounding San Albino in northern Nicaragua; and an up to 3% NSR on the
Spring Valley gold project in
Pershing County, Nevada.
Sailfish is listed on the TSX Venture Exchange under the symbol
"FISH" and on the OTCQX under the symbol "SROYF". Please visit the
Company's website at www.sailfishroyalty.com for additional
information.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as the term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Cautionary statement regarding forward–looking
information
Certain disclosures in this release constitute
"forward-looking information" within the meaning of Canadian
securities legislation. Forward-looking statements are statements
that are not historical facts and are generally, but not always,
identified by words such as the following: expects, plans,
anticipates, believes, intends, estimates, projects, assumes,
potential and similar expressions. Forward-looking statements also
include reference to events or conditions that will, would, may,
could or should occur, including, without limitation, statements
regarding the Company's dividend policy and the Company's intention
to pay a quarterly dividend. In making the forward-looking
statements in this news release, the Company has applied certain
factors and assumptions that the Company believes are reasonable,
including that the Company's financial position will allow it to
pay quarterly dividends in accordance with the dividend policy.
However, the forward-looking statements in this news release are
subject to numerous risks, uncertainties and other factors that may
cause future results to differ materially from those expressed or
implied in such forward-looking statements, including without
limitation: that a quarterly dividend will not be payable in
accordance with the dividend policy or at all. There can be no
assurance that such statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements and
forward-looking information. Readers are cautioned that reliance on
such information may not be appropriate for other purposes. The
Company does not undertake to update any forward-looking statement,
forward-looking information or financial out-look that are
incorporated by reference herein, except in accordance with
applicable securities laws.
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SOURCE Sailfish Royalty Corp.