1000, 517 - 10 Avenue SW

Calgary, AB T2R 0A8

  1. 403.221.0802

NEWS RELEASE

TSX: FRU

Freehold Royalties Ltd. Declares Dividend for July 2020

CALGARY, Alberta, July 14, 2020 - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.015 per common share to be paid on August 17, 2020 to shareholders of record on July 31, 2020.

These dividends are designated as "eligible dividends" for Canadian income tax purposes.

Freehold's focus is on acquiring and managing oil and gas royalties. Freehold's common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU.

For further information, contact:

Freehold Royalties Ltd. Matt Donohue

Manager, Investor Relations & Capital Markets t. 403.221.0833

  1. 403.221.0888 tf. 1.888.257.1873
  1. mdonohue@rife.com
  1. www.freeholdroyalties.com

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Freehold Royalties Ltd. published this content on 14 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2020 21:14:04 UTC