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