Sailfish Provides Update on Gavilanes Silver Property

News Release re_ Silver Property (D0122042.DOCX;6)

Tortola, British Virgin Islands, August 4, 2020 – Sailfish Royalty Corp. (TSX-V: FISH) (the “Company” or “Sailfish”) would like to remind its shareholders that on November 9, 2018, the Company was granted the option to acquire the Gavilanes silver property located in Durango, Mexico (“Gavilanes”) as part of the restructuring of the original gold stream on San Albino. The option to acquire Gavilanes was exercised on
August 1, 2019.

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