Mr. Paolo Lostritto reports

SAILFISH ANNOUNCES SHAREHOLDER APPROVAL OF DISPOSITION OF MT. HAMILTON INTEREST

At Sailfish Royalty Corp.'s annual general and special meeting of shareholders held on March 3, 2026, shareholders approved the previously announced disposition of the company's 100-per-cent interest in Mt. Hamilton LLC to Mako U.S. Corp., an affiliate of Mako Mining Corp.

In connection with the disposition, Sailfish will receive an amended stream with an aggregate term of 132 months from the date of the second closing of the disposition. Under the amended stream, Mako will provide Sailfish with: (i) during the initial 60 months, a monthly delivery of gold whereby Sailfish will purchase from Mako approximately 341.7 troy ounces of gold at a price equal to 20 per cent of the London Bullion Market Association PM Fix price, subject to a floor of $2,700 (U.S.) per ounce and a ceiling of $3,700 (U.S.) per ounce; and (ii) during the final 72 months, a monthly delivery of gold whereby Sailfish will purchase from Mako approximately 100 troy ounces of gold at a price equal to 20 per cent of the London Bullion Market Association PM Fix price. The amended stream will be secured against all present and after-acquired property of Mako, in addition to specific guarantees and pledges relating to an encumbrance by Sailfish over the Mt. Hamilton property.

The disposition was approved by a majority of the votes cast by disinterested shareholders present or represented by proxy at the meeting, as required under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. Completion of the disposition remains subject to the acceptance of the TSX Venture Exchange.

In addition to the disposition, shareholders approved all other items of business at the meeting.

For further details regarding the disposition, please refer to the management information circular dated Jan. 6, 2026, and the supplement thereto dated Feb. 14, 2026, both of which are available on the company's website and on the company's profile on SEDAR+.

About Sailfish Royalty Corp.

Sailfish is a precious metals royalty and streaming company. Within Sailfish's portfolio are three main assets in the Americas: a gold stream equivalent to a 3-per-cent net smelter return (NSR) on the San Albino gold mine (approximately 3.5 square kilometres) and a 2-per-cent NSR on the rest of the area (approximately 134.5 square kilometres) surrounding San Albino in northern Nicaragua; and a 2-pepr-cent NSR on the Gavilanes silver project, located in Durango state, Mexico. The company is in the process of selling an up-to-3-per-cent NSR on the fully permitted multimillion-ounce Spring Valley gold mine project in Pershing county, Nevada (see Feb. 24, 2026, news release).

Sailfish is listed on the TSX Venture Exchange under the symbol FISH and on the OTCQB under the symbol SROYF.

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