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. (OTCQX: EMPYF) is a global royalty and streaming creation company focused on building a diversified portfolio of gold and silver investments. The news flow around Empress provides insight into how the company grows and manages its portfolio, reports financial performance and adjusts its governance and business development capabilities.
Investors following EMPYF news can read about financial and operating results, where Empress discloses royalty and streaming revenue, operating cash flow, net income and adjusted EBITDA. These updates link performance to increased production from its portfolio of gold and silver interests and to the impact of gold and silver prices on its results.
Empress also issues news on transaction activity and portfolio growth. Examples include the execution of a binding term sheet for a 5% royalty on gross gold and silver ounces from the Milford Copper Mine in Utah, described as its first US royalty, and updates on key assets such as its 100% silver stream on the Tahuehueto Mine owned by Luca Mining Corp. These releases outline how specific royalties and streams are structured and how project milestones, such as achieving commercial production, affect Empress.
Corporate developments are another theme in Empress news. The company reports on board changes, governance updates and business development appointments, highlighting experience in banking, capital markets, mining finance and regional sourcing, including roles focused on Africa. Empress also announces equity incentive grants, such as stock options, RSUs and DSUs, under its shareholder-approved plans.
By reviewing the EMPYF news page, readers can track how Empress communicates its strategy of disciplined capital allocation, portfolio expansion and use of royalty and streaming models to provide non-dilutive capital to mining companies while seeking to build long-term value from gold and silver investments.
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Empress Royalty Corp. has successfully upgraded its common shares to trade on the OTCQX Best Market under the symbol EMPYF, transitioning from OTCQB. CEO Alexandra Woodyer Sherron emphasized that this upgrade enhances visibility, liquidity, and capital access for US investors. The OTC Markets Group requires companies to meet strict financial and governance standards for OTCQX eligibility. Since its December 2020 listing, Empress has built a diverse portfolio of 17 precious metal investments, focusing on providing non-dilutive capital to mining companies.
Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) has successfully closed the second tranche of its non-brokered private placement, raising an additional US$1M. The total funds raised amount to US$2M, equivalent to C$2.6M, from the sale of 8,666,666 Units priced at C$0.30 each. Proceeds will be used to explore new investment opportunities and enhance market awareness. The offering includes a related party transaction with an insider, exempt from formal valuation requirements. The common shares and warrants will be subject to a resale hold period under Canadian laws.
Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) has completed the first tranche of its US$2M private placement, raising US$1M by issuing 4,350,000 units at C$0.30 each with investor Rick Rule. The final tranche is anticipated to close soon. The funds will be used for evaluating royalty and streaming investment opportunities, boosting U.S. market awareness, and general working capital. The offering is subject to exchange approval and will not be registered under U.S. securities laws.
Empress Royalty Corp. has announced the upsize of its non-brokered private placement offering, aiming to raise up to C$2,600,000 (approximately US$2,000,000). The offering is intended for evaluating royalty and streaming investment opportunities, enhancing market awareness in the U.S., and general working capital. All units are subject to a resale hold period under Canadian securities laws. The completion of the offering is pending regulatory approval, with no sales permitted in the U.S. without registration under the U.S. Securities Act.
Empress Royalty Corp. announced a non-brokered private placement offering up to 6,500,000 units at C$0.30 each, totaling a maximum of C$1,950,000 (approx. US$1,500,000). Each unit includes one common share and one warrant, priced at C$0.60 for five years. If the share price exceeds C$1.20 for 20 consecutive days, Empress may require warrant holders to exercise their rights within 30 days. The funds will be used for royalty investments, increasing U.S. market awareness, and general working capital. The offering is pending approval from the TSX Venture Exchange.
Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) announced the successful completion of the first gold pour at the Manica gold mine in Mozambique, where it holds a 3.375% royalty on gold sales. The company invested US$3M in a Royalty and Purchase Agreement, with payments based on gold revenues until 95,000 oz are sold, after which the royalty percentage will decrease. Empress expects significant revenue from this asset, which will join its other cash-flowing investments, enhancing its portfolio in the precious metals sector.
Empress Royalty Corp. has announced a significant milestone by receiving its first payable silver ounces from the Tahuehueto Mine in Durango, Mexico. This news follows a $5 million silver stream agreement executed in April 2021 with Altaley Mining Corporation. The Tahuehueto Mine, which is fully permitted, is expected to produce 2,166 ounces of gold and 37,829 ounces of silver monthly. The updated Preliminary Feasibility Study shows robust project economics with a post-tax NPV of $161.3 million and an IRR of 65%. Empress is optimistic about generating significant revenue from this asset.
Empress Royalty Corp. announced the commencement of pre-production at the Manica Gold Mine in Mozambique, in which it holds a 3.375% royalty. The CEO, Alexandra Woodyer Sherron, praised the efforts of Mutapa Mining & Processing, highlighting this milestone as a demonstration of Empress's strategic investment capabilities. Since its listing in December 2020, Empress has diversified its portfolio with 17 precious metal investments, focusing on generating value for shareholders through royalty and streaming models.