Royalty Holdings

PropertyRoyaltyStatusCompanyWebsite
HAS2% NSR(1)ExplorationAloro Mining Corp.www.aloromining.com
HYLAND GOLD1/4% NSRResource ExpansionBanyan Goldwww.banyangold.com
REEF
(portion of 3 Aces)
2% NSR(1)ExplorationSeabridge Goldwww.seabridgegold.com
GRAM2% NSR(1)ExplorationMetallic Minerals Corp.www.metallic-minerals.com
TEACH
(portion of Keno Summit)
2% NSR(1)ExplorationMetallic Minerals Corp.www.metallic-minerals.com
LNPG2% NSR(2)ExplorationLake Winn Resourceswww.lakewinn.ca
PLATA2% NSR(3)Historical small scale productionHoney Badger Silverwww.honeybadgersilver.com
GROUNDHOG2% NSR(3)ExplorationHoney Badger Silverwww.honeybadgersilver.com
HY2% NSR(3)ExplorationHoney Badger Silverwww.honeybadgersilver.com
Harlot
(portion of King Tut)
2.5% NSR(4)ExplorationOnyx Goldwww.onyxgold.com
Harlow
(portion of King Tut)
2.5% NSR(4)ExplorationOnyx Goldwww.onyxgold.com
NAD
(portion of Einerson Project)
2% NSR(5)ExplorationSnowline Goldwww.snowlinegold.com
Harvest2% NSR(6)ExplorationFireweed Metalswww.fireweedmetals.com
Blue Heaven2/10% NSR(7)ExplorationCMC Metalswww.cmcmetals.ca
PAU2% NSR(3)ExplorationHoney Badger Silverwww.honeybadgersilver.com
Mars2% NSR(8)ExplorationCascadia Mineralswww.cascadiaminerals.com
Byng2% NSR(8)ExplorationCascadia Mineralswww.cascadiaminerals.com

(1)2% Net Smelter Return (NSR) on precious metals, 1% NSR on other metals
(2) Equitorial can purchase one-half of the NSR from Strategic for $2,000,000
(3)Excludes silver
(4)HighGold can purchase 0.5% for $750,000
(5)Snowline can purchase 1% for 1,000 ounces gold
(6)2% NSR Royalty on gold and a 0.5% NSR Royalty on silver and base metals. Fireweed can purchase 1% gold and 0.25% silver and base metals for $1,000,000
(7)2% NSR on all commodities from conventional mining, 10% NSR on all commodities from high grade mining
(8)Cascadia has the option to purchase one half of the NSR Royalty (1%) for $2 million subject to annual CPI adjustment at any time prior to a production decision.