RE Royalties Ltd. announced that the Board of Directors of the Company has declared a cash distribution of CAD 0.01 per issued and outstanding common share for the quarter ending December 31, 2022. The distribution is payable on February 22, 2023, to shareholders of record on February 1, 2023. The distribution is designated by the Company to be a dividend for the purpose of the Income Tax Act (Canada) and any similar provincial or territorial legislation.

The cumulative amount of dividends declared for the 2022 fiscal year has been CAD 0.04 per common share.