Welcome to our dedicated page for Empress Rty news (Ticker: EMPYF), a resource for investors and traders seeking the latest updates and insights on Empress Rty stock.
Empress Royalty Corp (EMPYF) provides investors with strategic exposure to precious metals through its innovative royalty and streaming model. This page serves as the definitive source for all company announcements, financial updates, and operational developments.
Key resources include earnings reports, partnership announcements, and project milestones across global mining operations. Track strategic moves in gold/silver financing, governance updates, and portfolio acquisitions through verified press releases.
Regular updates cover EMPYF's non-dilutive financing solutions, due diligence processes, and market positioning within the mining royalty sector. Investors gain insights into how the company balances risk mitigation with revenue generation through streaming agreements.
Bookmark this page for direct access to Empress Royalty's official communications, ensuring you never miss critical updates about their expanding portfolio of precious metal investments.
Empress Royalty provided an update on its Tahuehueto mine silver stream investment, owned by Luca Mining Corp. The mine's commissioning is progressing well and approaching completion, with the mill achieving a steady 1,000 tons per day throughput. In January, over 24,700 tonnes of ore were processed, including a planned shutdown for testing and adjustments.
Luca Mining is preparing for the transition to commercial production by ensuring parts and commodity supply redundancy, including constructing a new on-site warehouse. Empress holds a 100% silver stream in the Tahuehueto mine, which is expected to contribute significantly to the company's long-term financial growth.
Empress Royalty (TSXV:EMPR, OTCQX:EMPYF) provides an update on its Tahuehueto silver stream investment with Luca Mining. Key highlights include:
1. Luca completed construction at Tahuehueto, expecting to double production capacity from 450 to 800 tonnes per day.
2. Luca plans a 5,000-metre drill campaign to test new high-grade zones.
3. Luca appointed Dan Barnholden as new CEO to enhance strategic initiatives.
4. Empress and Luca agreed to amend the metal purchase agreement, introducing a revised payment schedule to bring Luca up-to-date with obligations.
5. The amendment includes Catch-Up Payments of US$450,000 in refined silver and US$150,000 in Luca common shares, with regular silver deliveries recommencing from July 2024.
On June 28, 2024, Empress Royalty announced an amendment to its articles following approval at the Annual and Special Meeting of Shareholders on June 26, 2024. The amendment introduces Advance Notice Provisions requiring shareholders to provide timely notice and comply with specific procedures when nominating individuals for election to the Board of Directors. For annual meetings, notice must be given at least 30 days prior, or within 10 days of the first public announcement if the meeting is scheduled less than 50 days ahead. Special meetings require notice within 15 days of the first public announcement. The notice must include detailed information about the nominee and the shareholder making the nomination. The Board has the discretion to waive these requirements. Full details of the amendments are available on www.sedarplus.ca.
Empress Royalty Corp. (TSXV:EMPR, OTCQX:EMPYF) announced it has engaged ICP Securities Inc. for automated market making services starting June 3, 2024. ICP will use its proprietary ICP Premium™ algorithm to manage market imbalances. The agreement lasts four months, with automatic one-month renewals unless terminated with 30 days' notice. Empress Royalty will pay ICP C$7,500 monthly for these services. No performance metrics, stock options, or additional compensation are included in the contract, and ICP is independent of Empress Royalty. ICP may acquire an interest in Empress Royalty’s securities in the future.
Empress Royalty Corp. announces the appointment of Natasha Frakes as Vice President Investor Relations. CEO highlights her experience in public communications and investor relations. The Company granted 200,000 stock options to Ms. Frakes at $0.35 each, vesting over a 24-month period. The appointment aims to expand investor base, increase brand recognition, and maximize returns.
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