Empress Rty Stock Price, News & Analysis

Empress Royalty Corp. has engaged Venture Liquidity Providers Inc. to deliver market-making services intended to enhance liquidity in the trading of its common shares. The arrangement, costing $5,000 monthly for three months, will be executed through W.D. Latimer Co. Ltd. and is subject to TSX Venture Exchange approval. Empress focuses on creating financing solutions in the precious metals sector and holds a diverse portfolio of investments, emphasizing partnerships with entities in development and production stages.

Empress Royalty Corp. reported that Terra Capital has increased its holdings to 14,383,461 common shares, representing 13.75% of its outstanding shares. The acquisition involved 500,000 shares, up from 13,883,461, and indicates Terra Capital's confidence in Empress's growth strategy, which includes expanding its portfolio of royalties and streams. Empress is focused on creating unique financing solutions for mining companies and currently has 16 investments. This strategic move reflects positive outlooks for future valuation improvements as the company continues its growth plans.

Empress Royalty Corp. (OTCQB:EMPYF) announced a US$2M initial payment for a US$5M silver stream agreement on Telson Mining's Tahuehueto project in Mexico. The stream covers the first 1,250,000 payable ounces of silver, decreasing to 20% thereafter over a maximum of 10 years. This is part of a comprehensive US$25M financing for Telson, which includes additional equity and debt arrangements. The funds will help Telson complete its processing facility, aiming for initial production by late 2021 and full capacity in Q1 2022.

Empress Royalty Corp. (EMPYF) has closed and funded a 2.25% royalty on gold production from the Manica project in Mozambique, marking a significant milestone. The royalty agreement, executed for $2 million on February 22, 2021, is secured by MMP’s assets. Payments will be based on gold sales until 95,000 ounces are sold, after which the rate decreases to 0.75%. The Manica project includes deposits that are expected to generate revenue once construction is completed, demonstrating Empress's commitment to building revenue streams through strategic royalty agreements.

Empress Royalty Corp. (OTCQB:EMPYF) announced the appointments of Natascha Kiernan as a director, Javier Reyes as a Strategic Advisor, and David Laing as a Technical Advisor. CEO Alexandra Woodyer Sherron stated that their expertise will enhance the company's growth strategy and long-term shareholder value. Kiernan brings 15 years of experience in mining law, Reyes offers extensive knowledge of the finance and mining sectors in Mexico, and Laing has over 35 years of experience in mining operations and finance. Additionally, the company granted 8,900,000 stock options at $0.50 per share.

Empress Royalty Corp. has executed a US$5 million silver stream agreement on Telson Mining's Tahuehueto project in Mexico. This Stream encompasses 100% of the payable silver production for the first 1.25 million ounces, dropping to 20% thereafter, valid for up to 10 years. The agreement is part of a larger US$25 million financing solution. Tahuehueto is 60% constructed, with initial production expected in late 2021. This strategic partnership enhances Empress's portfolio and supports near-term production, aligning with their focus on creating value for shareholders.

Empress Royalty Corp. has announced that the TSX Venture Exchange has approved the listing of up to 17,250,000 common share purchase warrants under the symbol EMPR.WT, effective March 30, 2021. Currently, 15,752,500 warrants are outstanding from a prospectus offering of 31,505,000 units that closed on March 25, 2021. Each warrant allows holders to purchase one common share at C$0.75 until March 25, 2023. The press release emphasizes the company's focus on creating financing solutions for mining operations and its strategic partnerships.

Empress Royalty Corp. (EMPYF) has successfully closed a bought deal public offering, issuing 31,505,000 units at C$0.50 per unit for total gross proceeds of C$15,752,500. This offering included a partial over-allotment option and was co-led by Red Cloud Securities and Canaccord Genuity. Additionally, the company completed a non-brokered private placement, raising C$650,000 from 1.3 million units. Proceeds will be used for acquisitions and corporate purposes. The offering remains subject to final acceptance by the TSX Venture Exchange.

Empress Royalty Corp. has announced an increased gross proceeds of C$15 million for its bought deal public offering, up from the previously planned C$12 million. The offering involves the sale of 30 million units at C$0.50 each, with each unit comprising one common share and one-half warrant, exercisable at C$0.75 for 24 months post-offering. An over-allotment option allows for an additional C$2.25 million. Funds will support acquisitions and corporate purposes, with the offering expected to close around March 25, 2021.