Star Royalties is pleased to announce the entering into of a non-binding agreement with Sabre Gold Mines Corp., to restructure the Company's existing gold streaming agreement on the Copperstone Gold Mine. The proposed restructuring will revise the Copperstone gold stream from 6.6% of gold produced with production-based step-downs to a flat 4% of [...]
Star Royalties is pleased to report its financial results for the quarter ended June 30, 2023. Q2 2023 Corporate and Portfolio Highlights Quarterly revenues of $188,033, representing a 31% decline over the previous quarter due to timing and lower volume of mineral sands sales at Keysbrook. Quarterly net loss of $1,048,574 was negatively impacted by [...]
Star Royalties Ltd. is pleased to highlight the results of a Preliminary Economic Assessment on the Copperstone Gold Mine, announced by Sabre Gold Mines Corp. on June 20, 2023. PEA Highlights Robust post-tax economics result in a base case after-tax IRR of 50.3%, low initial capital of $36 million and benefit from significant tax assets as well as [...]
Star Royalties is pleased to announce that, at the annual and special meeting of shareholders held on June 20, 2023, each of the seven nominees listed in the management information circular dated May 5, 2023, were re-elected as directors of Star Royalties. Detailed results of the vote are set out below: Directors Nominee Votes For % For Votes [...]
Star Royalties is pleased to report its financial results for the quarter ended March 31, 2023. Q1 2023 Corporate and Portfolio Highlights Quarterly revenues of $271,429, representing a 12% decline over the prior-year quarter due to lower mineral sands sales at Keysbrook. Quarterly net income of $69,539 was positively impacted by a $606,880 [...]
Star Royalties is pleased to report its financial results for the year ended Dec 31, 2022, as well as to provide an update on its royalty portfolio. 2022 Corporate and Portfolio Highlights 2022 revenues represent a 43% increase over the prior year, including record quarterly revenue in the fourth quarter. Record quarterly and annual revenue from [...]
Star Royalties is pleased to announce that Rina Cerrato, Chief Commercial Officer of its majority-owned joint venture, Green Star Royalties, has been appointed as Co-Chair of the International Emissions Trading Association working group on Voluntary Carbon Markets. Green Star became a member of IETA earlier in 2023, having joined an organization [...]
Star Royalties Ltd. is pleased to announce that its majority-owned joint venture, Green Star Royalties Ltd., has been accepted as a member of the International Emissions Trading Association. IETA represents close to 300 Canadian and international companies from multiple sectors on the design and implementation of carbon pricing and climate finance [...]
Star Royalties CEO Alex Pernin joined Steve Darling from Proactive to share news the company has released its preliminary numbers for the fourth-quarter of 2022. Pernin told Proactive the company saw record preliminary quarterly revenues of US$305,000, a 30% increase over the previous quarter. He also provided more detail about what was a big year [...]
Star Royalties is pleased to announce record preliminary revenues1 for the quarter ended Dec 31, 2022, as well as to provide an operational update on its royalty portfolio. All amounts are in U.S. dollars, unless otherwise indicated. Q4 2022 Corporate and Portfolio Highlights Record preliminary quarterly revenues of $305,000, a 30% increase over [...]
Star Royalties is pleased to report its financial results for the quarter ended September 30, 2022. Q3 2022 Corporate and Financial Highlights Quarterly revenue of $234,854, a 4% increase over the prior-year quarter. First quarterly positive cash flow from operations and record quarterly revenue from the Keysbrook royalty. Continued farmer [...]
Star Royalties Ltd. is pleased to announce the appointments of Rina Cerrato as Chief Commercial Officer and Tanushree Bagh Mukherjee as Chief Development Officer by its majority-owned, pure-green joint venture Green Star Royalties Ltd. These appointments represent a significant strengthening of Green Star's carbon market and project development [...]