1. * Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.** Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.
Allinformationavailableinthepublicdomain**

2. Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.
Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.
Allinformationavailableinthepublicdomain**
** Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.

3. $0
$5
$10
$15
$20
$25
$30
$35
$40
$45
$50
CumulativeInvestmentAmount(C$M)
CAD (millions)
$0
$63
Over 32 Months
10
Investments
20
Investments
36, net = 30*
Investments
INVESTMENTS
REVIEWED
TERM SHEETS
SUBMITTED
750 135
July 2013
April 2016COMPANIES
INVESTED IN
36
CAPITAL
INVESTED
$63m
* : 5 Royalty agreements successfully bought-out (see slide) and 1 written off.
Allinformationavailableinthepublicdomain**
** Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.
Commitment to an investment cadence
and specific portfolio growth theory

4. Cash Invested
Cash Recovered
in 36 companies
Allinformationavailableinthepublicdomain**
** Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.

5. Allinformationavailableinthepublicdomain**
** Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.
A Carefully Balanced, Thoughtfully Constructed & Diversified Portfolio

6. A Carefully Balanced, Thoughtfully Constructed & Diversified Portfolio
Currency Sector Investment Type
Allinformationavailableinthepublicdomain**
** Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.

7. Q1 2016Strong Portfolio Evolution
Allinformationavailableinthepublicdomain**
** Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.

8. A 35.8% rolling 12 month average
21.6%
Top Performing
Average Royalty Payment Per Million Invested
Allinformationavailableinthepublicdomain**
** Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.

9. Performance
Materially Enhanced By Contract Buyouts
Allinformationavailableinthepublicdomain**
** Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.

10. Allinformationavailableinthepublicdomain**
** Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.

11. Allinformationavailableinthepublicdomain**
** Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.

12. GRC
Public Domain
Allinformationavailableinthepublicdomain**
** Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.
Returns and Yields Performing Above the Royalty Peers

13. Slide intentionally left blank

14. ** Co-founder, Mr. William R. Tharp, CEO, President & Director, resigned April 26th, 2016.
Allinformationavailableinthepublicdomain**