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The latest update is out from Xtierra ( (TSE:RI) ).
Royalties Inc. has secured a favorable ruling from the Appellate Court in Zacatecas, Mexico, confirming its rights to royalties from a 2002 mining contract. The court rejected the appeals by Raúl González Anaya, Capstone Gold, and Gerardo González García, ordering them to cover legal costs. This decision reinforces Royalties Inc.’s position and ensures proper compensation for its claims, impacting its financial standing and stakeholder interests.
More about Xtierra
Royalties Inc. is a company involved in the mining industry, owning a 100% interest in the Bilbao silver-zinc-lead project in Zacatecas, Mexico, and an 88% stake in Minera Portree de Zacatecas, which holds a claim to a 2% net smelter royalty on five mining concessions. The company also has a 4.9% stake in Music Royalties Inc., which manages cash-flowing catalogs.
Average Trading Volume: 159,990
Technical Sentiment Signal: Buy
Current Market Cap: C$15.44M
See more insights into RI stock on TipRanks’ Stock Analysis page.