Xtierra Inc. is a natural resource company engaged in the exploration and development of precious and base metal deposits, primarily in the Central Silver Belt of Mexico, specifically in the State of Zacatecas. The company’s main products and services include owning and operating mineral properties with a focus on silver, lead, zinc, and copper, notably the Bilbao silver-lead-zinc-copper project. Xtierra holds a 100% interest in the Bilbao project, subject to a net smelter royalty, and controls various legal or royalty interests via its majority ownership in Minera Portree de Zacatecas, S.A. de C.V. The company also asserts claims to royalties on adjacent mining concessions.
In terms of recent major changes, Xtierra completed an acquisition for a royalty stream of entertainment-based royalties through the purchase of shares in Music Royalties Inc., marking a strategic diversification from its core precious metals focus. Additionally, in April 2023, the company changed its name to Royalties Inc. and underwent a business model shift towards accumulating a diversified portfolio of cash-flowing royalties to generate shareholder dividends, moving beyond traditional mining operations. The company's headquarters are located in Toronto, Ontario, Canada, and it was founded in 2008. Xtierra targets investors interested in precious metals royalty income and diversification through royalty streams across natural resources and entertainment sectors.