Callinan is a growing mineral royalty company based in Canada.  The Company was established in 1927 and is one of Canada’s oldest publicly traded companies. As a result of being one of the original claim holders in the Flin Flon mining district in northern Manitoba, we own royalties on the 777 mine operated by HudBay Minerals Inc.(www.hudbayminerals.com) that produces significant quantities of copper, zinc, gold, and silver annually.

Hudbay Minerals is currently developing an additional mining operation it calls 777 North Mine, which is located approximately two kilometres north of the 777 Mine. Callinan’s royalties will also apply to this mine as it occurs within the royalty lands of Callinan.

In the most recent reporting periods, Callinan’s royalty revenues have been several million dollars per quarter. Callinan is prudently managing significant high free cash flow from its royalties to pursue new opportunities and expand its royalty portfolio by creating or acquiring mineral royalties.