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Empress Royalty Corp. - EMPYF STOCK NEWS

Welcome to our dedicated news page for Empress Royalty (Ticker: EMPYF), a resource for investors and traders seeking the latest updates and insights on Empress Royalty.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Empress Royalty's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Empress Royalty's position in the market.

Rhea-AI Summary
Gleason & Sons acquires over 3 million common shares of Empress Royalty, increasing its holdings by 50%. The investment firm now owns 9.9 million shares, valued at over C$3.75 million. Empress is focused on creating gold and silver royalties and streams, expanding its portfolio with a substantial credit facility. The company's low overhead expenses, prior investments, and favorable gold prices contribute to its growth potential. Gleason & Sons sees Empress as undervalued and plans to make additional share purchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.83%
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Rhea-AI Summary
Empress Royalty Corp. closes a US$5M gold stream investment on the Galaxy gold mine in South Africa, funded through a credit facility. The investment is expected to boost revenue and reduce AISC for Galaxy, marking the company's fourth revenue-generating asset.
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-0.49%
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Rhea-AI Summary
Empress Royalty Corp. appoints Nora Pincus as Vice President Corporate Development, bringing extensive experience in mining finance. The company also grants 500,000 incentive stock options to Ms. Pincus, aiming to drive growth and revenue generation.
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Rhea-AI Summary
Empress Royalty Corp. (TSXV:EMPR)(OTCQX:EMPYF) closed a US$28.5M Accordion Credit Facility agreement with Nebari Gold Fund 1, LP and Nebari Natural Resources Credit Fund II, LP. The initial draw of approximately US$3.5M loan under the Credit Facility is now funded, with the issuance of 3,104,513 common share purchase warrants to Nebari. Each Bonus Warrant is priced at $0.31 and is exercisable into one common share for three years from the drawdown of the Initial Loan. The Credit Facility allows for the issuance of additional Bonus Warrants to Nebari upon further draws on the Credit Facility. The issuance of further Bonus Warrants is subject to the limitations of the policies of the TSX Venture Exchange and subject to Exchange review prior to issuance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.93%
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Rhea-AI Summary
Empress Royalty Corp. (TSXV:EMPR)(OTCQX:EMPYF) announced a new US$28.5M Accordion Credit Facility with Nebari Gold Fund 1, LP and Nebari Natural Resources Credit Fund II, LP. The facility will replace the existing US$15M facility and provide working capital for the company. The Credit Facility shall bear interest at a rate of 7.5% per annum plus 3-month Term SOFR (3.5% floor). The Company will issue 3,104,513 common share purchase warrants to Nebari upon closing of the Initial Loan.
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Empress Royalty Corp. (TSXV:EMPR)(OTCQX:EMPYF) announced a US$5M gold stream investment in the Galaxy gold mine in South Africa owned by Golconda Gold Ltd. (TSXV:GG)(OTCQX:GGOF). The investment is based on 3.5% of the payable gold production from the Galaxy mine for an initial 8,000 payable ounces, with potential expansion plans to increase production to 48,000 tpm and 2,800 recovered gold ounces per month.
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Empress Royalty Corp (TSXV: EMPR) (OTCQX: EMPYF) to participate in Deutsche Goldmesse Fall Conference on November 24 and 25 at The Westin Grand Frankfurt. Management team to take meetings and present to European investors. Online registration available at https://deutschegoldmesse.online/investor-registration-2/.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.97%
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Empress Royalty Corp. provides update on royalty portfolio and strategy to reach 5-year revenue goals.
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Rhea-AI Sentiment
End-of-Day
-2.64%
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1.49%
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Empress Royalty Corp.

OTC:EMPYF

EMPYF Rankings

EMPYF Stock Data

31.09M
87.02M
21.49%
13.9%
Crushed and Broken Limestone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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Canada
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