Royalty payment

Permex Petroleum Announces Additional Oil and Natural Gas Royalty Acquisitions in Texas

Retrieved on: 
Wednesday, June 23, 2021

Vancouver, British Columbia--(Newsfile Corp. - June 23, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company"), announced today that it has closed on multiple non-operated royalty interest ("RI") acquisitions in 29 oil and gas wells located in the Permian Basin of west Texas, all of which have established long-term production.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 23, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company"), announced today that it has closed on multiple non-operated royalty interest ("RI") acquisitions in 29 oil and gas wells located in the Permian Basin of west Texas, all of which have established long-term production.
  • The recently acquired oil and gas royalty interest properties are located in Howard, Martin, Midland and Reeves counties.
  • "Our strategic business shift to have continuously acquired royalty interest ownership in oil and natural gas properties during the downturn has positioned us for exceptional returns on these investments.
  • We continue to monitor the market for additional non-operating working interest and royalty interest acquisitions and partnerships."

FADEL Announces Launch of the Statement Portal - Delivering Royalty Statements for Authors Online

Retrieved on: 
Wednesday, June 23, 2021

NEW YORK, June 23, 2021 /PRNewswire-PRWeb/ -- FADEL, leading provider of Rights and Royalty Management software for publishers, today announced the launch of Statement Portal, the latest innovation in royalty statement delivery online.

Key Points: 
  • NEW YORK, June 23, 2021 /PRNewswire-PRWeb/ -- FADEL, leading provider of Rights and Royalty Management software for publishers, today announced the launch of Statement Portal, the latest innovation in royalty statement delivery online.
  • "Publishers want to be able to provide secure, on-demand statement access to authors and authors expect to be able to look up that information whenever and wherever they need to.
  • Powerful features include:
    personalized notifications to any combination of authors, agents, and business units for a powerful marketing and customer service engine
    Want to learn more about Statement Portal?
  • Join our upcoming complimentary webinar at The London Book Fair on June 23 Modernize the Author Experience with a Royalty Statement Cloud App.

Gold Royalty and Ely Gold to Combine to Create a Leading Growth and Americas-Focused Precious Metals Royalty Company

Retrieved on: 
Monday, June 21, 2021

Creation of a Leading Growth and Americas-Focused Precious Metals Royalty Company - the transaction creates a new, sizable Americas-focused royalty company with a peer-leading resource endowment and a robust development pipeline, including nearly 100 royalties on various production, near-production, development and exploration assets.

Key Points: 
  • Creation of a Leading Growth and Americas-Focused Precious Metals Royalty Company - the transaction creates a new, sizable Americas-focused royalty company with a peer-leading resource endowment and a robust development pipeline, including nearly 100 royalties on various production, near-production, development and exploration assets.
  • The acquisition of Ely Gold is consistent with our strategy of identifying opportunities to create shareholder value.
  • This transaction creates value for both Ely Gold and GRC shareholders - with the further potential upside through a significant value re-rating - and results in the immediate creation of a leading growth and Americas-focused precious metals royalty company."
  • Trey Wasser, CEO, President and Director of Ely Gold, who will be joining New GRC's board of directors, commented: "This is a great outcome for Ely Gold shareholders.

Battle Over Ohio's Forced Pooling Bill Intensifies With Opposition Hearing Set For This Week

Retrieved on: 
Monday, June 21, 2021

The Committee's Chairman, Representative Jason Stephens, has scheduled a hearing at which opponents of the bill can voice their objections.

Key Points: 
  • The Committee's Chairman, Representative Jason Stephens, has scheduled a hearing at which opponents of the bill can voice their objections.
  • The hearing is set for Thursday, June 24, 2021, at 10:00 AM EST in Room 017 in the Ohio State House in Columbus.
  • 152, "doesn't stop operatorsfrom taking huge cost deductions that can cut the monthly royalty payments to almost nothing."
  • Prior to 2018, the forced pooling orders issued did not include the market enhancement clause on the payment of royalty.

 Gold Royalty and Ely Gold to Combine to Create a Leading Growth and Americas-focused Precious Metals Royalty Company

Retrieved on: 
Monday, June 21, 2021

Creation of a Leading Growth and Americas-Focused Precious Metals Royalty Company the transaction creates a new, sizable Americas-focused royalty company with a peer-leading resource endowment and a robust development pipeline, including nearly 100 royalties on various production, near-production, development and exploration assets.

Key Points: 
  • Creation of a Leading Growth and Americas-Focused Precious Metals Royalty Company the transaction creates a new, sizable Americas-focused royalty company with a peer-leading resource endowment and a robust development pipeline, including nearly 100 royalties on various production, near-production, development and exploration assets.
  • The acquisition of Ely Gold is consistent with our strategy of identifying opportunities to create shareholder value.
  • This transaction creates value for both Ely Gold and GRC shareholders with the further potential upside through a significant value re-rating and results in the immediate creation of a leading growth and Americas-focused precious metals royalty company."
  • Trey Wasser, CEO, President and Director of Ely Gold, who will be joining New GRC's board of directors, commented: "This is a great outcome for Ely Gold shareholders.

Mesa Royalty Trust Announces Trust Income for June 2021

Retrieved on: 
Friday, June 18, 2021

Mesa Royalty Trust (the Trust) (NYSE: MTR) announced today the Trust income distribution for the month of June 2021.

Key Points: 
  • Mesa Royalty Trust (the Trust) (NYSE: MTR) announced today the Trust income distribution for the month of June 2021.
  • Unitholders of record on June 30, 2021 will receive distributions amounting to $0.017151226 per unit, payable on July 30, 2021.
  • No income was received in June 2021 from any other working interest owner.
  • The working interest owners alone control historical operating data, and handle receipt and payment of funds relating to the royalty properties and payments to the Trust for the related royalty.

Permianville Royalty Trust Announces Monthly Operational Update

Retrieved on: 
Friday, June 18, 2021

Total accrued operating expenses for the period were $2.0 million, a $0.1 million decrease month-over-month from the prior period.

Key Points: 
  • Total accrued operating expenses for the period were $2.0 million, a $0.1 million decrease month-over-month from the prior period.
  • Permianville Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain, predominantly non-operated, oil and gas properties in the states of Texas, Louisiana and New Mexico.
  • In addition, future monthly capital expenditures may exceed the average levels experienced in 2020 and prior periods.
  • Neither the Sponsor nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release.

Metalla Adds Royalty on IAMGOLD's Côté Gold Project, One of Canada's Largest Gold Mines

Retrieved on: 
Thursday, June 17, 2021

As a result of these proceeds and cash held on the balance sheet, the Company was fully funded to close the royalty acquisition on Ct.

Key Points: 
  • As a result of these proceeds and cash held on the balance sheet, the Company was fully funded to close the royalty acquisition on Ct.
  • Metalla was created for the purpose of providing shareholders with leveraged precious metal exposure by acquiring royalties and streams.
  • Our goal is to increase share value by accumulating a diversified portfolio of royalties and streams with attractive returns.
  • Specifically, as a royalty holder, Metalla has limited, if any, access to the property subject to the royalty.

GoldSpot Discoveries Signs Service Agreement with Opawica Explorations and Acquires Royalties in the Abitibi Gold Belt and Central Newfoundland

Retrieved on: 
Wednesday, June 16, 2021

GoldSpot has a large, collaborative team of geoscientists and data scientists focused on maximizing the chances of discovery using GoldSpot's proprietary technology and geoscience expertise.

Key Points: 
  • GoldSpot has a large, collaborative team of geoscientists and data scientists focused on maximizing the chances of discovery using GoldSpot's proprietary technology and geoscience expertise.
  • GoldSpot's engagement with Opawica is the largest client engagement to date, inclusive of significant royalty and royalty option additions to the Company's growing investment portfolio.
  • "GoldSpot was born from an exhaustive pilot project generated from the decades of data collected on the Quebec Abitibi belt.
  • McWatters has easy access for exploration and a historical drill hole on the property retuned 7.79 g/t Au over 3 meters.

NFTMUSIC.AI: The Breakthrough Utility Token for the Music Industry

Retrieved on: 
Monday, June 14, 2021

While it has empowered the music industry and given it new grounds to profit from, there are still inherent uncertainties such as illegal downloads and underpaid royalties.

Key Points: 
  • While it has empowered the music industry and given it new grounds to profit from, there are still inherent uncertainties such as illegal downloads and underpaid royalties.
  • NFTMUSIC.AI aims to change the landscape of the music industry by empowering artists in the industry through their content, and move the musical culture forward as they do so.
  • The opportunities offered by blockchain technology have enabled NFTMUSIC.AI to re-think how the music industry operates.
  • MUSETTE will be the stage for the world's most amazing and talented musicians to share their love for cultivated music.