Sailfish Reports Annual and Q4 2024 Results

Tortola, British Virgin Islands--(Newsfile Corp. - April 25, 2025) - Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) (the "Company" or "Sailfish") is pleased to announce its operating and financial results for the year and fourth quarter ended December 31, 2024 ("Q4 2024"). All amounts are in U.S. dollars unless otherwise indicated.

2024 Highlights:

• Gold ounces earned from stream interests of 782 for the year ended December 31, 2024 (2023 - 1,078);
• Royalty revenue earned of $974,644 for the year ended December 31, 2024 (2023 - $261,106);
• The Company received and sold 160,067 ounces of silver (2023 - 96,433 ounces) relating to its Silver Receivable for proceeds of $4,404,493 for the year ended December 31, 2024 (2023 - $2,217,488);
• Total revenues of $2,839,933 for the year ended December 31, 2024 (2023 - $2,333,092);
• Gross profit of $1,866,811 for the year ended December 31, 2024 (2023 - $1,391,272);
• Net income of $550,033 for the year ended December 31, 2024 (2023 - net loss of $1,105,864);
• Repurchased for cancellation an aggregate of 1,836,300 common shares of the Company under the current normal course issuer bid for the year ended December 31, 2024 (2023 - 1,080,400); and
• Declared a Q1 2024, Q2 2024, Q3 2024 and Q4 2024 quarterly dividend of $0.0125 per common share which were paid on April 15, 2024, July 15, 2024, October 15, 2024 and January 15, 2025, respectively.

Summary of Annual Results:

			Year ended December 31, 2024			Year ended December 31, 2023
Consolidated statements of Income (loss) and comprehensive Income (loss)			$			$
	Revenues		2,839,933			2,333,092
	Gross profit		1,866,811