Toronto, Ontario--(Newsfile Corp. - August 26, 2024) - Royalties Inc. (CSE: RI), ("RI" or "the Company") reports its results for the second quarter ended June 30, 2024. Amounts are stated in US dollars unless otherwise stated.

This news release should be read in conjunction with the Company's unaudited financial statements and the associated management's discussion and analysis (MD&A) for the quarter ended June 30, 2024 which are available on the Company's website at www.royaltiesinc.com or under the Company's profile on SEDAR+ at www.SEDARplus.ca.

Progress in Q2 - Royalties Inc. continues to advance the strategies on its 3 major investments:

1) monetizing the Bilbao silver-zinc-lead property in Zacatecas, Mexico, ideally by selling to an existing silver producer for cash and shares in order to generate further potential gains from the rise in the price of silver, which appears poised for a breakout in 2025, perhaps back to its previous 2011 high of US$50 per ounce. The value of Bilbao is most directly tied to the 2014 PEA economic assumption of $30 per ounce silver and the unexplored potential high grade silver areas including the north-south Victor vein which was drilled in 2021; see & read more on
https://www.newsfilecorp.com/release/221187/