Scully Royalty Ltd.
Close on Oct 19, 2026
About Scully Royalty
Mineral Royalty Traders, SIC 6795
Scully Royalty Ltd. is a holding company that primarily earns royalty revenue from mineral extraction and engages in merchant banking. Its main asset is a royalty interest in the Scully iron ore mine, which entitles the company to a percentage of revenues from iron ore shipped from the mine as well as shipments derived from tailings and disposed materials. Through its segments, which include Royalty and Merchant Banking, it also conducts investment activities involving securities and long-term loans. Its royalty revenues and products are tied to industrial customers, notably integrated steel producers requiring high-grade iron ore concentrate for steelmaking operations.
The company's primary royalty asset is situated in the Province of Newfoundland and Labrador, Canada. Beyond its Canadian mining royalty interest, Scully Royalty Ltd. operates across international markets, holding assets, investments, or conducting activities in Europe, Asia, Africa, and the Americas outside Canada. It maintains an office in Shanghai, China.
Summary of the business section of Scully Royalty's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Scully Royalty Ltd.
- Headquarters
- Shanghai, China
- Address
- C/O Room 2302, 23/F, Oriental Center, 31 Wujiang Road
- Phone
- (844) 331-3343
- Employees
- 216, Dec 31, 2018
- Industry
- Mineral Royalty Traders
- Incorporated in
- E9
- Fiscal year ends
- December 31
- Auditor
- Smythe LLP, Vancouver, Canada
Stock & identifiers
- Ticker
- SRL
- Exchange
- NYSE
- Shares outstanding
- 15M, Dec 31, 2024
- Filer category
- Non-accelerated filer
- Stock splits
- 1-for-5 reverse, Jul 14, 2017; 2-for-1, Sep 10, 2007
- SEC CIK
- 16859
- CUSIP
- G7T96K107
- ISIN
- USG7T96K1078
- EIN
- 13-1818111
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
No recent ownership filings by officers or directors
Scully Royalty's leadership is listed in its proxy statement (Form DEF 14A).
Employees
Headcount reported in annual reports
“• further lowered our structural cost profile and reduced our headcount to 216 employees worldwide from 230 at the end of 2017;”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 10, 2019 | Name change | Name changed from MFC BANCORP LTD. to Scully Royalty Ltd. |
| Jul 17, 2017 | Delisting | Notice of delisting from exchange (Form 25) |
| Feb 11, 2016 | Name change | Name changed from MFC Industrial Ltd. to MFC BANCORP LTD. |
| Nov 15, 2013 | Listing | Registration of securities on an exchange (Form 8-A) |
| Sep 20, 2011 | Name change | Name changed from TERRA NOVA ROYALTY Corp to MFC Industrial Ltd. |
| Oct 7, 2010 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Mar 26, 2010 | Listing | Registration of securities on an exchange (Form 8-A) |
| Mar 26, 2010 | Name change | Name changed from KHD HUMBOLDT WEDAG INTERNATIONAL LTD. to TERRA NOVA ROYALTY Corp |
| Jun 8, 2007 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jun 7, 2007 | Delisting | Notice of delisting from exchange (Form 25) |
| Oct 14, 2005 | Name change | Name changed from MFC BANCORP LTD to KHD HUMBOLDT WEDAG INTERNATIONAL LTD. |
| Jun 17, 1996 | Name change | Name changed from ARBATAX INTERNATIONAL INC to MFC BANCORP LTD |