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Source Rock Royalties – Production Growth, Recent Acquisition Update And Increasing Dividends

Cory
October 17, 2023

Brad Docherty, Founder, President and CEO of Source Rock Royalties (TSX.V:SRR) joins us to bring us up to speed on the production growth seen in Q2, update us on the June acquisition of royalties and fee title mineral interests in S.E. Saskatchewan, and the increased divided.

 

The Company recorded record royalty production in Q2 and record monthly royalty production in June. We have Brad explain where this growth is coming from. We then discuss the June transaction with a focus on the impact on production and revenues moving into next year. Finally we recap the recent increase in the monthly dividend. This all fits into the overall corporate strategy of returning capital to shareholders and growing the royalty portfolio.

 

If you have any follow up questions for Brad please email us at Fleck@kereport.com and Shad@kereport.com.

 

 

 

Click here to visit the Source Rock Royalties website to read over the recent news and operational results.

Discussion
1 Comment
    Oct 17, 2023 17:56 PM

    Thank you for the update.