Star Royalties Reports Q2 2024 Financial Results

Star Royalties Ltd. has disclosed its Q2 financial results for 2024, announcing a notable increase in revenue. The company reported quarterly revenues of $266,306, marking a 42% rise from the previous year. This growth is attributed to the higher sales volumes at Keysbrook Mine.

Green Star Royalties expanded its North American portfolio, acquiring U.S. IFM carbon offset royalties for $5.6 million. Green Star's CarbonNOW program is advancing, nearing the end of the validation phase with verification expected later in 2024.

Gold Mountain Mining Corp. announced several initiatives to optimize Elk Gold's operations and restructure debt. Meanwhile, Green Star's MOBISMART reported continued strong performance powered by the renewable energy sector.

For further details, refer to the company's financial statements on SEDAR+.