Royalties Inc. , reports its results for the third quarter ended September 30, 2024. This quarter, the Company changed its functional currency from USD to Canadian dollars so amounts are in CAD dollars unless otherwise stated. This news release should be read in conjunction with the Company's unaudited financial statements and the associated [...]
Royalties Inc. has closed a non-brokered private placement of $105,000 at $0.035 per share for 3,000,000 common shares. These funds along with $135,000 in dividends from the investment in Music Royalties Inc. since October 2022 and the $74,000 in revenue from the other four cash flowing royalties cover corporate overhead and Mexico expenses [...]
Royalties Inc. , 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 for the quarter ended June 30, 2024 which are available [...]
Royalties Inc. announces a non-brokered private placement up to $210,000 at $0.035 per share for 6,000,000 shares which will be used primarily to cover the increased cost of audit and tax professional fees in Canada, property taxes and litigation expenses in Mexico. The strategic investment in Music Royalties Inc. has generated $129,000 in dividend [...]
Royalties Inc. reports its results for the first quarter ended March 31, 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 for the year ended March 31, 2024 which are available on [...]
Royalties Inc. reports its results for the year ended December 31, 2023. Amounts are stated in US dollars unless otherwise stated. This news release should be read in conjunction with the Company's audited financial statements and the associated management's discussion and analysis for the year ended December 31, 2023 which are available on the [...]
Royalties Inc. reports its results for the third quarter ended September 30, 2023. Amounts are stated in US dollars unless otherwise stated. This news release should be read in conjunction with the Company's interim financial statements and the associated management's discussion and analysis for the third quarter ended September 30, 2023 which are [...]
Royalties Inc. , announces the completion of its 5th cash flowing music royalty acquisition of sound recordings of TV cues from the 5 season show The Carbonaro Effect on TruTV, paid by royalty distributor American Society of Composers, Authors and Publishers . The company invested US$130,000 for a catalog that generated royalty income of US$44,000 [...]
Royalties Inc. , announces a non-brokered private placement of $94,000 at $0.05 per share for 1,880,000 shares and the exercise of 1,350,000 in stock options at $0.06 per share for proceeds of $81,000. The total of $175,000 in funds will be used to acquire a fifth cash flowing music royalty catalog. In 2023, RI has acquired 3 cash flowing song [...]
Royalties Inc. announces the completion of an acquisition of an American songwriter's public performance royalties of songs performed by artists including Backstreet Boys, Marshmello, Anarbor, paid by royalty distributor Broadcast Music, Inc. . This pop catalog consists of 103 tracks and is unique in that many of the songs have gained placements in [...]
Royalties Inc. announces the completion of a portfolio investment in a partial share of a Music Royalties Inc. acquisition of an American Grammy nominated/multi-award-winning music producer and songwriter's interest in the publishing and public performance royalties of songs performed by artists including Britney Spears, Joe, Michael Jackson and R [...]
Royalties Inc. announces the completion of a non-brokered private placement offering announced on April 12, 2023 of Royalties Inc. at a price of 5 cents per share for 11,000,000 shares for proceeds of $550,000 from a Director and Music Royalties Inc. The funds were previously advanced as part of the CSE listing application for working capital and [...]