Freehold Royalties Ltd. Declares Dividend for October 2018

CALGARY, Alberta, Oct. 11, 2018 — Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.0525 per common share to be paid on November 15, 2018 to shareholders of record on October 31, 2018.

These dividends are designated as “eligible dividends” for Canadian income tax purposes.

Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU.

For further information, contact:

Freehold Royalties Ltd. Matt Donohue Manager, Investor Relations & Capital Markets t.  403.221.0833 f.  403.221.0888 tf. 1.888.257.1873 e.  [email protected] w. www.freeholdroyalties.com

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