CALGARY, Alberta, January 12, 2023 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (free hold) FR announces that its Board of Directors has declared a dividend from Cdn. $0.09 per common share, payable February 15, 2023 to shareholders of record January 31, 2023.

Such dividends are referred to as “eligible dividends” for Canadian income tax purposes.

Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common stock is traded on the Toronto Stock Exchange in Canada under the symbol FRU.

For more information contact:

Freehold Royalties Ltd.
Matt Donohue
Managers, Investor Relations & Capital Markets
t. 403.221.0833
f.403.221.0888
tf. 1.888.257.1873
e. mdonohue@rife.com
w. www.freeholdroyalties.com