Sailfish Royalty Corp. ("Sailfish") was created by Marlin to enhance value of existing and future mining operations.
Royalty companies command superior valuations in relation to producers – Sailfish is an opportunity to get in on the “ground floor” of the latest royalty company. Sailfish is currently a wholly owned subsidiary of Marlin but is expected to become a separate entity in the future.
Sailfish has ability to underwrite deals at higher IRRs than competitors due to its relationship with Marlin's operating team – this allows for royalties on earlier-stage projects.
EXTERNAL STREAMS & ROYALTIES
- San Albino: 20-40% gold stream at US$700/oz
- El Compas: 1.5% NSR royalty on the concessions hosting the primary deposit at El Compas
- La Cigarra: 1% NSR on the concessions adjacent and surrounding the main project area at La Cigarra