ROYALTY AGREEMENT, UNALLOCATED RESERVE AND DISTRIBUTIONS (Tables)

3 Months Ended

Apr. 30, 2024

ROYALTY AGREEMENT, UNALLOCATED RESERVE AND DISTRIBUTIONS

Schedule of unallocated cash and U.S. government securities portion of the Trust's Unallocated Reserve

	April 30, 2024		January 31, 2024
Cash and cash equivalents	$	21,629,973	$	23,980,448
Distribution payable		(3,804,803)		(4,854,404)
Unallocated cash and cash equivalents	$	17,825,170	$	19,126,044

Schedule of reconciliation of Trust's Unallocated Reserve

		Unallocated		Trust
		Reserve		Corpus		Total
Balances as of January 31, 2024	$	20,975,143	$	3	$	20,975,146
Net income		3,483,785		—		3,483,785
Distributions declared - $0.2900 per unit		(3,804,803)		—		(3,804,803)
Balances as of April 30, 2024	$	20,654,125	$	3	$	20,654,128

		Unallocated		Trust
		Reserve		Corpus		Total
Balances as of January 31, 2023	$	11,438,214	$	3	$	11,438,217
Net income		1,023,139		—		1,023,139
Distributions declared - $0.0000 per unit		—		—		—
Balances as of April 30, 2023	$	12,461,353	$	3	$	12,461,356