Tortola, British Virgin Islands, March 22, 2024 – Sailfish Royalty Corp. (TSX-V: FISH, OTCQX: SROYF) (the "Company" or "Sailfish") is pleased to announce that its Board of Directors has declared the Company’s first quarterly cash dividend for 2024 in the amount of US$0.0125 per common share that will be payable on April 15, 2024 to Sailfish shareholders of record as of the close of business on March 31, 2024.
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.
Share Purchase Option Agreement with CMC Metals Ltd. Update:
The Company announces the termination of the share purchase option agreement (the “Agreement”)
between the Company and CMC Metals Ltd. (“CMC”) pursuant to which the Company granted CMC the option to acquire all of the issued and outstanding shares of Swordfish Silver Corp. which, through Sailfish
de Mexico S.A. de C.V., holds the mineral rights in and to the silver exploration project located in the
Municipality of San Dimas, State of Durango, Mexico, known as the Gavilanes property. For further information regarding the Agreement, see the Company’s news release dated December 21, 2023.
CMC has purported to unilaterally terminate the Agreement. The Company has accepted the terminationand has engaged experienced litigation counsel in British Columbia to review this matter and seek all
available remedies including damages. The Company endeavors to provide further updates as and when appropriate.

About Sailfish
Sailfish is a precious metals royalty and streaming company. Within Sailfish’s portfolio are three 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; an up to
3% NSR on the multi-million ounce Spring Valley gold project in Pershing County, Nevada; and a 100%
interest in the Gavilanes Silver Project located in Durango State, Mexico.
Sailfish is listed on the TSXV 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.
For further information: Paolo Lostritto, CEO, tel. 416-602-2645 or Akiba Leisman, Executive Chairman,