Northwire Canada EditionSunday, July 26, 2026
Northwire
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Financings

Sailfish Closes Its Previously Announced Transaction to Acquire the Permitted Mt. Hamilton Gold-Silver Project in Nevada and Enters into Definitive Agreement for the Acquisition of a Five-Year Gold Stream and Subsequent 2% NSR

None

Executive Summary

The most recent news, dated November 26, 2025, announces that Sailfish Royalty Corp. ("Sailfish") has closed its acquisition of the Mt. Hamilton Gold-Silver Project in Nevada. Concurrently, the company has entered into a definitive agreement with Mako Mining Corp. ("Mako") to exchange the Mt. Hamilton project for a five-year gold stream, followed by a 2% Net Smelter Return (NSR) royalty for the life of the mine. The acquisition was funded by a US$40 million senior secured bridge loan from Wexford Capital LP. The transaction with Mako is subject to shareholder approval at a meeting scheduled for February 1, 2026.

This news confirms the execution of the transaction first announced on September 30, 2025, which is intended to provide Sailfish with significant near-term cash flow, acting as a bridge until its flagship Spring Valley royalty begins production.

Material Impact

The transaction is a game-changer for Sailfish, fundamentally altering its scale and financial profile.

FISH · Price
Company Overview

Sailfish Royalty Corp. is a precious metals-focused royalty and streaming company. Its portfolio includes assets in North and Central America.

  • Flagship Asset (Long-Term): The Spring Valley royalty portfolio. This is a sliding-scale NSR of up to 3% on the fully permitted Spring Valley gold project in Pershing County, Nevada, operated by Solidus Resources LLC. This project is the cornerstone of the company's long-term value proposition and is expected to provide a "material step change" in cash flow upon entering production around 2028.
  • Flagship Asset (Near-Term): The newly acquired Mt. Hamilton gold stream and royalty in White Pine County, Nevada. This asset is fully permitted and is expected to provide substantial cash flow from 2026-2030, bridging the financial gap until Spring Valley is operational.
Read the original news release →

More from Sailfish Royalty Corp.