Mr. Paolo Lostritto reports

SAILFISH ROYALTY DECLARES Q3 2023 DIVIDEND

Sailfish Royalty Corp.'s board of directors has declared the company's third quarterly cash dividend for 2023 in the amount of 1.25 U.S. cents per common share that will be payable on Oct. 16, 2023, to Sailfish shareholders of record as of the close of business on Sept. 30, 2023.

The declaration, timing, amount and payment of future dividends will be subject to the discretion and approval of the board of directors. The company will review the dividend policy on a continuing basis and may amend it at any time depending on the company's then current financial position, capital allocation framework, profitability, cash flow, legal requirements and other factors considered relevant. As such, no assurances can be made that any future dividends will be declared and/or paid. Dividend payments may be subject to withholding taxes.

About Sailfish Royalty Corp.

Sailfish is a precious metals royalty and streaming company. Within Sailfish's portfolio are three main assets in the Americas: a gold stream equivalent to a 3-per-cent net smelter royalty on the San Albino gold mine (about 3.5 square kilometres) and a 2-per-cent NSR on the rest of the area (about 134.5 square km) surrounding San Albino in northern Nicaragua; an up to 3-per-cent NSR on the multimillion-ounce Spring Valley gold project in Pershing county, Nevada; and a 100-per-cent interest in the Gavilanes silver project located in Durango state, Mexico.

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