Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of
Directors has declared a dividend of Cdn. $0.14 per common share to be paid on
August 15, 2014 to shareholders of record on July 31, 2014. Including the August
15, 2014 payment, the twelve-month trailing cash dividends total Cdn. $1.68 per
common share.


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


Freehold's primary focus is on acquiring and managing oil and gas royalties. The
majority of production comes from royalty interests (mineral title and gross
overriding royalties). Freehold's common shares trade on the Toronto Stock
Exchange in Canada under the symbol FRU.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Freehold Royalties Ltd.
Matt Donohue
Manager, Investor Relations
403.221.0833 / tf. 1.888.257.1873
403.221.0888 (FAX)
mdonohue@rife.com
www.freeholdroyalties.com
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