Sailfish Royalty Corp. announce the completion of the previously announced transaction between the two companies Sailfish has now acquired all of the issued and outstanding shares of Terraco (the "Terraco Shares") in exchange for consideration of 0.12 of a common share of Sailfish (each full share, a "Sailfish Share") for each Terraco Share, pursuant to a court approved plan of arrangement. It is expected that shares of Terraco will be delisted from the TSX Venture Exchange at close of business on August 20, 2019. In connection with the closing of the Arrangement, Sailfish has appointed Todd Hilditch to its Board of Directors.