Royalty Assets

	Property	Primary Commodity	Explorer/Developer	Royalty Basis
1	Chapada	Copper	Lundin Mining	3.7% of payable copper stream
1	Rocanville	Potash	Nutrien	Revenue
1	Allan	Potash	Nutrien	Revenue
1	Cory	Potash	Nutrien	Revenue
1	Patience Lake	Potash	Nutrien	Revenue
1	Vanscoy	Potash	Nutrien	Revenue
1	Esterhazy	Potash	Mosaic	Revenue
1	Voisey's Bay	Nickel, Copper, Cobalt	Vale	0.3% NVR on all metals produced
1	IOC	Iron	Iron Ore Company of Canada	7% Gross Overriding Royalty ("GOR")
1	Grota do Cirilo	Lithium	Sigma Lithium Resources	1% NSR
1	Tres Quebradas (3Q)	Lithium	Zijin Mining Group Co., Ltd.	1.00% GOR
1	Goulamina	Lithium	Ganfeng Lithium Group Co., Ltd.	1.5% GOR
1	Mariana Lithium Project	Lithium	Ganfeng Lithium	0.5% NSR
2	Curipamba	Copper	Silvercorp Metals Inc.	2% NSR
2	Gunnison	Copper	Gunnison Copper Corp.	1.625% GSR
2	Silicon / Arthur Gold	Gold	Anglo Gold Ashanti NA	0.5% NSR
2	Kami	Iron	Champion Iron Limited	3% GSR
2	Finniss	Lithium	Core Lithium Ltd.	2.5% GOR
2	Neves	Lithium	Atlas Lithium Corporation	3.0% GOR
2	Mt. Cattlin	Lithium	Rio Tinto	AU$1.5/t Treated
2	Moblan	Lithium	Elevra Lithium Limited	2.5% GOR on first 1Mt ore processed, 1.5% GOR thereafter
2	Horse Creek	Lithium	Sinova Quartz Inc.	8.0% GOR
3	Stellar	Copper	PolarX Ltd	2% NSR on gold; 1% NSR on copper
3	Pine Bay	Copper, zinc, gold and silver	Visionary Copper and Gold Mines Inc.	Option to acquire 0.5% NSR
3	Labrador West Iron Ore	Iron Ore	High Tide Resources Corp.	2.75% GSR on iron ore; 2.75% NSR on all other minerals
3	Adina	Lithium	Winsome Resources/ Li-FT Power Ltd.	4.00% GOR & 2% NSR
3	Telkwa	Met Coal	Bathurst Resources Limited	3% FOB
3	Pickett Mountain	Zinc, lead, copper, silver	Wolfden Resources Corp	1.35% GSR
4	Michelin	Base Metals	Paladin Energy Ltd.	2% NSR on all minerals except uranium
4	Kan	Base Metals, Gold	Midland Exploration Inc.	Option to purchase 0.5% NSR for $750,000
4	Case Lake	Caesium	Power Metals Corp.	2% GOR
4	Falcon West	Caesium	Grid Metals Corp.	1% NSR
4	Llano de Nogal	Copper	Orogen Royalties Inc.	1.5% NSR on PM; 1.0% NSR on BM
4	Cuale	Copper	Rockstar Mining S.A. de C.V.	1.5% NSR on PM; 1.0% NSR on BM
4	Metastur	Cobalt	Technology Metals (Asturmet Recursos S.L.)	1.5% NSR
4	Copper Range	Copper	N/A	Option to acquire 1% NSR held by a third party
4	Adeline	Copper	Sterling Metals Corp.	1.6% GSR
4	Lappvattnet, Rormyrberget	Copper, Cobalt, Nickel, PGE	Gungnir Resources Inc.	Option to acquire 2.0% GSR
4	CMB	Copper, Uranium	Atha Energy Corp.	2% GSR
4	La Coipita	Copper, gold	AbraSilver Resource Corp. / Teck Resources Limited	Option to acquire 1.1% NSR for US $5M
4	Knaften	Copper, Gold	Gungnir Resources Inc.	Option to acquire 1.0% GSR
4	Mythril	Copper, Gold, Lithium	Midland Exploration Inc.	1% NSR
4	Bentonite	Clay type minerals including Bentonite	Western Clay Corp.	$1 - $2 per tonne sliding scale royalty
4	Cape Ray	Gold	AuMEGA Metals Ltd.	2% NSR
4	Elrond, Helm’s Deep, Fangorn	Gold	Midland Exploration Inc.	1% NSR
4	Gibson	Gold	Canex Metals Inc.	Option to acquire a 1.5% NSR
4	Golden Baie	Gold	Canstar Resources Inc.	2% NSR
4	Golden Rose	Gold	Eldorado Gold Corp. / Tru Precious Metals Corp.	2% NSR
4	Hermitage	Gold	Canstar Resources Inc.	2% NSR
4	White Bay	Gold	Churchill Resources Inc.	1.6% GSR
4	Viking	Gold	Magna Terra Minerals Inc.	2% NSR, plus 1-1.5% royalties on surrounding lands
4	Moosehead	Gold	Pirate Gold Corp.	2% NSR
4	Wilding Lake, Crystal Lake	Gold	Canterra Minerals Corp.	2% NSR
4	Cuprite	Gold	Strikepoint Gold Inc.	1.5% NSR
4	Celts	Gold	Eminent Gold Corp.	1.5% NSR
4	Donaldson	Gold	Eminent Gold Corp.	0.75% NSR
4	Firenze	Gold	Altitude Minerals Nevada LLC	1.5% NSR
4	Humalite	Humalite (agricultural additive)	Creative Business Solutions	1-2% sliding scale GOR
4	Iron Horse	Iron	Pirate Gold Corp.	1% GSR; option to acquire additional 1.1% GSR
4	Tansim	Lithium	Elvra Lithium Limited	2% NSR
4	Valjevo	Lithium	Palkovsky Group Ltd.	Various
4	Cancet	Lithium	Winsome Resources Limited	4% GOR & 1% NSR
4	Sirmac-Clapier	Lithium	Winsome Resources Limited	4% GOR
4	Donner Lake	Lithium	Grid Metals Corp.	2% GOR
4	Campus Creek	Lithium	Grid Metals Corp.	2% GOR
4	Lithium Springs	Lithium	Lithium Springs Limited	1.5% GOR
4	Zeus	Lithium	Noram Lithium Corp.	1% GOR
4	Basin E&W/ Wikieup	Lithium	Bradda Head Lithium Ltd.	2% GOR
4	Shatford Lake/Cat-Euclid Lake	Lithium	Surface Metals Inc.	2% GOR
4	Yinnetharra	Lithium	Delta Lithium Ltd	1% GOR
4	Mallina	Lithium	Morella Corporation Limited	1.5% GOR
4	Tabba Tabba	Lithium	Morella Corporation Limited	1.25% GOR
4	Mt Edon	Lithium	Morella Corporation Limited	1.25% GOR
4	Seymour Lake	Lithium	Green Technology Metals Limited	1% GOR
4	Root Lake	Lithium	Green Technology Metals Limited	1% GOR
4	Wisa Lake	Lithium	Green Technology Metals Limited	1% GOR
4	Eyre	Lithium	Larvotto Resources Limited	1% GOR
4	Kaustinen/Ilmajoki	Lithium	Arvo Lithium Ltd.	1.25% GOR
4	Galaxy	Lithium	Rio Tinto Ltd.	1% NSR
4	Adina East	Lithium	Pinnacle Minerals Limited	2% GOR
4	Mia Lithium	Lithium	Q2 Metals Corp.	1% NSR
4	Whitebushes/Mt. Elephant	Lithium	M4E Lithium Ltda.	1.5% GOR
4	Florence Lake	Nickel	Churchill Resources Inc.	1.6% GSR
4	Moria	Nickel	Midland Exploration Inc. / Rio Tinto Exploration	1% NSR
4	Taylor Brook	Nickel	Churchill Resources Inc.	1.6% GSR
4	Voyageur	Nickel	Perseverance Metals (US) Inc.	2% NSR
4	Sail Pond	Silver, Copper	Sterling Metals Corp.	2% NSR
4	Fox	Tungsten	Fox Tungsten Ltd.	1.25% NSR
4	Notakwanon	Uranium	Atha Energy Corp.	2% GSR
4	Buchans	Zinc	Canstar Resources Inc.	2% NSR
4	Lismore	Zinc	BMEx Ltd.	2% NSR
4	Midlands	Zinc	BMEx Ltd.	1% GSR
4	Shire	Zinc, Lithium	Midland Exploration Inc. / Rio Tinto Exploration	1% NSR
4	Sulieman	Zinc	Rio Tinto Exploration Pty Limited	1% NSR for first 10 years of production
4	Roebucks	Copper, Lead, Zinc, Gold, Silver	VMS Mining Corporation	2.5% NSR