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 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.
Empress Royalty Corp. announced that Altaley Mining Corp. has commenced pre-production at the Tahuehueto mine. Empress holds a 100% silver stream at this site. The recently filed Preliminary Feasibility Study reports enhanced project economics. CEO Alexandra Woodyer Sherron expressed confidence in revenue generation from the mine in Q2 2022, highlighting it as a vital investment for shareholders. Empress maintains a diverse portfolio of 17 precious metal investments and plans to continue creating value through strategic partnerships.
Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) has appointed Janet Meiklejohn as the new Chief Financial Officer. Janet, a seasoned financial executive with over 25 years of experience, has previously served in senior roles across high-growth companies and has extensive expertise in corporate finance and equity sales. She replaces Dan O'Brien, who is thanked for his contributions. This leadership change is expected to enhance Empress's business strategy and growth plans, as the company focuses on expanding its portfolio of gold and silver investments.
Empress Royalty Corp. has announced an increase in its royalty on the Manica gold project in Mozambique from 2.25% to 3.375% following an additional US$1M funding. This adjustment will result in a total expected revenue from gold sales up to 95,000 oz. The project, operated by Mutapa Mining & Processing, is set for commissioning in the second quarter of 2022. Empress aims to enhance shareholder value with this strategic investment.
Empress Royalty Corp. has successfully completed its US$10M gold stream agreement for the Sierra Antapite mine in Peru by making the final payment of US$2.5M. This investment is expected to boost Empress' revenue by 25% and facilitate the mine's production expansion from 750 to 1,000 tonnes-per-day. The company aims to enhance its portfolio through strategic partnerships and ongoing investments in the mining sector, showcasing its commitment to creating long-term value for shareholders.
Empress Royalty Corp. has successfully closed a US$15M Accordion Credit Facility with Nebari Natural Resources Credit Fund I LP, following TSX Venture Exchange approval. The first drawdown of US$4.5M has been funded, and the company has issued 7,500,000 share purchase warrants at an exercise price of $0.27 for a period of two years. Empress Royalty, focused on creating a diversified portfolio of gold and silver investments, has built a portfolio of 17 precious metal investments since its public listing in December 2020.
Empress Royalty Corp. has secured a US$15M Accordion Credit Facility with Nebari Natural Resources Credit Fund I LP. The initial draw of US$4.5M will fund investments and working capital. The facility offers financial flexibility to enhance the company’s portfolio and supports strategic growth plans. The term is two years, bearing interest at Libor plus 10% per annum. The agreement includes an arrangement fee and warrants for Nebari. The facility is pending TSX Venture Exchange approval.
Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) updated its investment portfolio, highlighting progress across several mining projects. Key developments include:
- Tahuehueto Silver Stream: Construction is on schedule, with initial production expected by Q1 2022.
- Sierra Antapite Gold Stream: Production expansion ongoing, increasing plant capacity to 1,000 tonnes per day.
- Manica Gold Royalty: Construction is advancing, with initial production anticipated early 2022.
- Pinos Gold & Silver Royalty: Candelaria Mining secured C$8.4 million for future development.
Empress Royalty Corp. has announced an additional funding of US$2.5 million to increase its gold stream on the Sierra Antapite mine in Peru from 2.25% to 3.375%. This increase is expected to generate additional revenue, contributing to a significant revenue forecast for next year. The Company is now 75% funded on this stream, which is part of a larger US$10 million agreement initiated earlier. Additionally, Empress is seeking new debt financing after discontinuing discussions with Accendo Banco.
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