Royalty Management announces 2024 key areas of focus

Royalty Management Holding provides its shareholders with its year-end 2023 business and Company update. The company said, in part, “2023 was a transformational year for Royalty Management Holding Corporation: in late 2023 the Company completed its previously announced merger with Royalty Management Corporation, an operating company founded in 2021, and as a result RMC became a wholly owned subsidiary of American Acquisition Opportunity. AMAO concurrently changed its name to Royalty Management Holding Corporation and its public ticker with the NASDAQ changed from AMAO to RMCO. The completion of the merger, along with RMC having access to the public markets through its publicly traded holding company, meant that RMC and the Company positioned themselves strongly for growth in 2024 and beyond. Operationally, and with respect to the Company’s royalty income portfolio, RMCO has continued to both expand its current investments and seek additional opportunities for investment in 2023, laying the foundation for several new investment opportunities in the coming year. Coming into 2024 and for the intermediate term, the Company looks to expand its investments and portfolio of royalty income into several key areas of focus: Critical minerals for energy storage: In 2024, RMCO is targeting several key investments that focus on resources and minerals needed for the economic transition to battery-based energy storage and power. RMCO believes that the transition to energy storage through the use of batteries has significant growth throughout the next decade within the United States and worldwide. Examples of these minerals include lithium, graphite, cobalt, and others minerals. RMCO is in discussions with several ore and recycled sources of these key minerals to help fund the development and production of the ores bodies in exchange for an overriding royalty on mineral sales. Additionally, the Company recently established its Critical Mineral Financing Division which has an initial focus on investing in the raw material supply chain of critical minerals by financing the creation of raw material feedstock inventories from sources around the globe, to be later used in the refining of these strategic materials into high-grade materials for the creation of products focused on energy storage and efficiency, such as batteries and high-efficiency, permanent magnets. Infrastructure rehabilitation and expansion: Similar to the Company’s focus on critical minerals for energy storage, RMCO is also focusing 2024 on completing investments in the resources and raw materials required for rehabilitation or advancement of key economic infrastructure, such as steel, concrete, specialty metals, and alloys. With anticipated increases in modernization of several large economies around the globe, RMCO sees this sector as a key performer in the coming decades and is evaluating investments in the raw materials to help participate in this economic expansion. New, disruptive technologies that support energy storage and infrastructure. In addition to the two themes outlined above, RMCO is evaluating several companies and intellectual property rights that support new and disruptive technologies in the fields of energy storage and infrastructure. For example, in addition to the Company’s investment into Advanced Magnet Lab, a company that has developed and patented a new way to make permanent magnets perform more efficient, productive, and cost-effective through new research, intellectual property, and patents. This technology is used in a variety of industries, such as aerospace and defense. RMCO is evaluating other investments in technologies that allow the Company to increase its returns in new and emerging technologies.”