Vancouver, B.C. August 27,2020 (TSX-V: OGN) Orogen Royalties Inc. (“Orogen” or the”Company”) is pleased to announce it has optioned the Sarape goldproperty in Sonora, Mexico to Minera Hochschild Mexico, S.A. de C.V., asubsidiary of Hochschild Mining PLC (“Hochschild”). Hochschild can earn a 100% interest in the Sarape project by making cash payments of US$5.35 million and completingexpenditures of US$5.0 million over a five-year period. Upon exercise of theoption, Hochschild will grant to Orogen a 3% net smelter return royalty (“NSR”)of which 1% can be purchased for US$2.0 million.
