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Orogen Royalties Re-Lists on the TSX Venture Exchange

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Orogen Royalties (TSXV:OGN)(OTCQX:OGNRF) has successfully re-listed on the TSX Venture Exchange following a plan of arrangement with Triple Flag Precious Metals Corp. Concurrent with the arrangement, Triple Flag completed a $10.0 million strategic private placement at $1.48 per share.

The company maintains a strong shareholder base including Altius Minerals (16.4%), Adrian Day Asset Management and EuroPac Gold Fund (12.3%), Triple Flag (11.4%), and other institutional shareholders (17.0%). Orogen is well-financed with $17 million in cash, debt-free, and has been profitable since 2021.

Orogen's flagship asset is a 2% NSR royalty on the Ermitaño gold-silver mine in Mexico, which produced 103,540 ounces of gold and 1.51 million ounces of silver in 2024. The company holds a portfolio of 28 royalties and expects over $40 million of partner-funded exploration in 2025.

Orogen Royalties (TSXV:OGN)(OTCQX:OGNRF) è stata riammissione con successo alla TSX Venture Exchange a seguito di un piano di riorganizzazione con Triple Flag Precious Metals Corp. Contestualmente all'accordo, Triple Flag ha completato un collocamento privato strategico da 10,0 milioni di dollari a 1,48 dollari per azione.

L'azienda mantiene una solida base di azionisti che include Altius Minerals (16,4%), Adrian Day Asset Management e EuroPac Gold Fund (12,3%), Triple Flag (11,4%) e altri azionisti istituzionali (17,0%). Orogen è ben finanziata con 17 milioni di dollari in contanti, senza debiti, e risulta profittevole dal 2021.

L'asset principale di Orogen è una royalty NSR del 2% sulla miniera d'oro e argento Ermitaño in Messico, che ha prodotto 103.540 once d'oro e 1,51 milioni di once d'argento nel 2024. La società detiene un portafoglio di 28 royalty e prevede oltre 40 milioni di dollari di esplorazioni finanziate dai partner nel 2025.

Orogen Royalties (TSXV:OGN)(OTCQX:OGNRF) se ha vuelto a listar con éxito en la TSX Venture Exchange tras un plan de arreglo con Triple Flag Precious Metals Corp. Al mismo tiempo, Triple Flag completó una colocación privada estratégica de 10,0 millones de dólares a 1,48 dólares por acción.

La compañía mantiene una sólida base de accionistas que incluye a Altius Minerals (16,4%), Adrian Day Asset Management y EuroPac Gold Fund (12,3%), Triple Flag (11,4%) y otros accionistas institucionales (17,0%). Orogen está bien financiada con 17 millones de dólares en efectivo, sin deudas, y ha sido rentable desde 2021.

El activo principal de Orogen es una regalía NSR del 2% sobre la mina de oro y plata Ermitaño en México, que produjo 103.540 onzas de oro y 1,51 millones de onzas de plata en 2024. La compañía posee una cartera de 28 regalías y espera más de 40 millones de dólares en exploración financiada por socios en 2025.

Orogen Royalties (TSXV:OGN)(OTCQX:OGNRF)� Triple Flag Precious Metals Corp.와� 합병 계획� 따라 TSX 벤처 거래소에 성공적으� 재상장되었습니다. 이와 동시� Triple Flag� 주당 1.48달러� 1,000� 달러 규모� 전략� 사모 투자� 완료했습니다.

사� Altius Minerals(16.4%), Adrian Day Asset Management � EuroPac Gold Fund(12.3%), Triple Flag(11.4%) � 기타 기관 투자�(17.0%)� 포함� 강력� 주주 기반� 유지하고 있습니다. Orogen은 1,700� 달러� 현금� 보유하고 부채가 없으� 2021년부� 수익� 내고 있습니다.

Orogen� 대� 자산은 멕시� Ermitaño 금은광산� 대� 2% NSR 로열��, 2024년에 � 103,540온스와 은 151� 온스� 생산했습니다. 사� 28개의 로열� 포트폴리�� 보유하고 있으� 2025년에� 4,000� 달러 이상� 파트� 자금 탐사� 기대하고 있습니다.

Orogen Royalties (TSXV:OGN)(OTCQX:OGNRF) a réussi sa nouvelle cotation à la TSX Venture Exchange suite à un plan d'arrangement avec Triple Flag Precious Metals Corp. Parallèlement à cet arrangement, Triple Flag a réalisé un placement privé stratégique de 10,0 millions de dollars à 1,48 dollar par action.

La société conserve une base d'actionnaires solide comprenant Altius Minerals (16,4%), Adrian Day Asset Management et EuroPac Gold Fund (12,3%), Triple Flag (11,4%) et d'autres actionnaires institutionnels (17,0%). Orogen dispose de solides financements avec 17 millions de dollars en liquidités, est sans dette et est rentable depuis 2021.

L'actif phare d'Orogen est une redevance NSR de 2% sur la mine d'or et d'argent Ermitaño au Mexique, qui a produit 103 540 onces d'or et 1,51 million d'onces d'argent en 2024. La société détient un portefeuille de 28 redevances et prévoit plus de 40 millions de dollars d'exploration financée par des partenaires en 2025.

Orogen Royalties (TSXV:OGN)(OTCQX:OGNRF) wurde erfolgreich an der TSX Venture Exchange im Anschluss an einen Umstrukturierungsplan mit Triple Flag Precious Metals Corp. erneut gelistet. Zeitgleich schloss Triple Flag eine strategische Privatplatzierung über 10,0 Millionen US-Dollar zu 1,48 US-Dollar pro Aktie ab.

Das Unternehmen verfügt über eine starke Aktionärsbasis, zu der Altius Minerals (16,4%), Adrian Day Asset Management und EuroPac Gold Fund (12,3%), Triple Flag (11,4%) sowie weitere institutionelle Investoren (17,0%) gehören. Orogen ist finanziell gut aufgestellt mit 17 Millionen US-Dollar in bar, schuldenfrei und seit 2021 profitabel.

Das Flaggschiff-Asset von Orogen ist eine 2% NSR-Royalty auf die Ermitaño Gold-Silber-Mine in Mexiko, die 2024 103.540 Unzen Gold und 1,51 Millionen Unzen Silber produzierte. Das Unternehmen hält ein Portfolio von 28 Royalties und erwartet für 2025 eine von Partnern finanzierte Exploration von über 40 Millionen US-Dollar.

Positive
  • Strategic $10.0 million investment from Triple Flag at $1.48 per share
  • Strong institutional ownership with over 57% held by major shareholders
  • Profitable since 2021 with $17 million cash and no debt
  • Flagship Ermitaño royalty generating consistent cash flow
  • Portfolio of 28 royalties with $40 million partner-funded exploration planned for 2025
Negative
  • None.

VANCOUVER, BC / / July 11, 2025 / (TSXV:OGN)(OTCQX:OGNRF) Orogen Royalties Inc. ("Orogen" or the "Company") is pleased to announce the Company's re-listing on the TSX Venture Exchange under the symbol "OGN" (CUSIP#:687080101). The re-listing is a result of the plan of arrangement (the "Arrangement") that was completed and announced by the Company and Triple Flag Precious Metals Corp. ("Triple Flag") on July 9, 2025. Concurrently with the Arrangement, Triple Flag also completed a $10.0 million strategic private placement by subscribing for 6,756,757 shares in Orogen at $1.48 per share.

"Orogen will continue its business strategy of organic royalty generation and strategic royalty acquisition, using its strengths as a prospect generator and well-established business relationships across the industry," commented Orogen CEO Paddy Nicol. "We utilize our data and intellectual capital to create high quality exploration opportunities for industry partners, resulting in royalties that provide significant value creation potential for our shareholders. This strategy has created our flagship Ermitaño 2% NSR gold royalty in Mexico and the recently sold Arthur 1% NSR gold royalty in Nevada that was the genesis of the Arrangement completed with Triple Flag."

The Company's strong shareholder base includes Altius Minerals Corporation (16.4%), Adrian Day Asset Management and EuroPac Gold Fund (12.3%), Triple Flag (11.4%) and other Institutional shareholders (approximately 17.0%). Orogen also has strong support from its board of directors and management with over 6% of the Company shares held by insiders. Orogen has maintained profitability since 2021, is well financed with approximately $17 million in cash, and is debt-free. The Company has 59,359,932 shares outstanding.

Underpinning the Company's value and stability is Orogen's organically generated cash-flowing 2% net smelter return ("NSR") royalty on the Ermitaño gold-silver mine located in Sonora, Mexico, operated by First Majestic Silver Corp. ("First Majestic"). Since starting production 2021, Ermitaño has been a consistent producer for First Majestic. In 2024, the mine produced 103,540 ounces of gold and 1.51 million ounces of silver.1

Additionally, district scale exploration aimed at adding additional resources to the area has led to the discovery of the Navidad and Winter veins located on Orogen's royalty lands. These structures are proximal to the Ermitaño Mine and have been measured for 1.3 kilometres on strike and down dip of up to 450 metres.

Thus far only a portion of the Navidad and Winter vein systems have been delineated with inferred resources of 249,000 ounces gold and 5.9 million ounces silver, grading 3.42 grams per tonne ("g/t") gold and 81 g/t silver. Ongoing resource conversion drilling continues to confirm the continuity of gold and silver mineralization in both veins open in multiple directions, including both up and down plunge, with nine drill rigs currently active on the property2.

Other notable royalty and project assets include:

  • La Rica porphyry copper-gold project in Colombia (1% NSR royalty) operated by MCC Mining Inc.

  • HWY 37 porphyry copper-gold project in British Columbia (under option and 1% to 3% NSR royalties on certain lands) operated by Kingfisher Metals Inc.

  • MPD South porphyry copper-gold project in British Columbia (2% NSR royalty) operated by Kodiak Copper Corp.

  • Maggie Creek gold project in Nevada under option to Nevada Gold Mines

  • Spring Peak gold project in Nevada under option to Headwater Gold Inc. with funding partner Newmont Gold Corporation

Orogen holds a portfolio of 28 high quality royalties, seven active option agreements with exploration partners, and generative alliances with Altius, BHP Xplor and Triple Flag. The Company anticipates over $40 million of partner funded drilling and exploration work on royalties and projects in 2025, including nine drilling programs, and over $3.0 million of partner and self-funded project generation.

Qualified Person Statement
All technical data, as disclosed in this press release, has been verified by Laurence Pryer, Ph.D., P.Geo., VP Exploration for Orogen. Dr. Pryer is a qualified person as defined under the terms of National Instrument 43-101.

Certain technical disclosure in this release is a summary of previously released third-party information and the Company is relying on the interpretation provided. Additional information can be found on the links in the footnotes.

About Orogen Royalties Inc.
Orogen Royalties is focused on organic royalty creation and royalty acquisitions on precious and base metal discoveries in western North America. The Company's royalty portfolio includes the Ermitaño gold and silver Mine in Sonora, Mexico (2.0% NSR royalty) operated by First Majestic Silver Corp. The Company is well financed with several projects actively being developed by joint venture partners.

On Behalf of the Board

OROGEN ROYALTIES INC.
Paddy Nicol
President & CEO

To find out more about Orogen, please contact Paddy Nicol, President & CEO at 604-248-8648, and Marco LoCascio, Vice President, Corporate Development at 604-248-8648. Visit our website at .

Orogen Royalties Inc.
1015 - 789 West Pender Street
Vancouver, BC
Canada V6C 1H2
[email protected]

Forward Looking Information
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this presentation, other than statements of historical facts, that address events or developments that Orogen Royalties Inc. (the "Company") expect to occur, are forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking information in this news release includes: the timing of the delisting of the common shares of Orogen from certain stock exchanges and the subsequent listing of shares of Orogen SpinCo on proposed exchanges; the expected benefits, timing and proceeds of the exploration alliances, business objectives and plans of Orogen SpinCo and the timing of the finalization of the alliance contracts. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent the companies' expectations, estimates and projections regarding possible future events or circumstances.

Although the Company believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions.

Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

SOURCE: Orogen Royalties Inc



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FAQ

What are the terms of Triple Flag's investment in Orogen Royalties (OGNRF)?

Triple Flag completed a $10.0 million strategic private placement by subscribing for 6,756,757 shares at $1.48 per share, representing an 11.4% ownership stake in Orogen.

How much gold and silver did Orogen's Ermitaño royalty property produce in 2024?

The Ermitaño mine, on which Orogen holds a 2% NSR royalty, produced 103,540 ounces of gold and 1.51 million ounces of silver in 2024.

Who are the major shareholders of Orogen Royalties (OGNRF)?

Major shareholders include Altius Minerals (16.4%), Adrian Day Asset Management and EuroPac Gold Fund (12.3%), Triple Flag (11.4%), other institutional shareholders (17.0%), and insiders (6%).

What is Orogen Royalties' (OGNRF) current financial position?

Orogen is well-financed with approximately $17 million in cash, is debt-free, and has maintained profitability since 2021. The company has 59,359,932 shares outstanding.

What is the expected partner-funded exploration budget for Orogen Royalties (OGNRF) in 2025?

Orogen anticipates over $40 million of partner-funded drilling and exploration work on royalties and projects in 2025, including nine drilling programs.
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