Sailfish Royalty Comments on Draft Environmental Impact Statement filed for Spring Valley - Seite 3

For further information: Paolo Lostritto, CEO, tel. [phone] or Akiba Leisman, Executive Chairman of the Board, tel. [phone].

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary statement regarding forward-looking information

Certain disclosures in this release constitute "forward-looking information" within the meaning of Canadian securities legislation. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as the following: expects, plans, anticipates, believes, intends, estimates, projects, assumes, potential and similar expressions. Forward-looking statements also include reference to events or conditions that will, would, may, could or should occur, including, without limitation, statements regarding: advancement of the permitting process for Spring Valley; plans relating to the development and construction of Spring Valley as contemplated in the PO; expected mining results over the LOM; and discussion of future plans, projects, objectives, estimates and forecasts and the timing related thereto. In making the forward-looking statements in this news release, the Company has applied certain factors and assumptions that the Company believes are reasonable, including, without limitation: that BLM will approve the PO and the Operator will receive necessary permits to complete its proposed development and construction of Spring Valley as contemplated in the PO; the development and construction of Spring Valley will be completed as contemplated in the PO; and that future mining operations at Spring Valley will produce the anticipated results. However, the forward-looking statements in this news release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements, including without limitation: that BLM does not approve the PO and the Operator is unable to obtain the necessary permits to complete its proposed development and construction of Spring Valley as contemplated in the PO; the proposed development and construction of Spring Valley is not completed as contemplated in the PO; the results of future mining operations at Spring Valley may be less favorable than anticipated; and those applicable risks, uncertainties and factors set forth in the Company's disclosure record under the Company's profile on SEDAR at www.sedar.com.There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.