EMX Announces the Receipt of $3.4M and a 2.5% NSR Royalty on the Close of the Superior West Option Agreement with Kennecott Exploration
EMX (NYSE American: EMX) announced that Kennecott Exploration Company, a Rio Tinto subsidiary, exercised its option to purchase the Superior West Project in central Arizona on November 6, 2025.
EMX received the final option payment of $3,407,383 and retained a 2.5% NSR royalty on the project. The project was originally acquired by EMX through staking after target generation work and was optioned to Kennecott in 2015. The transaction expands EMX's royalty portfolio and reflects the company's model of acquiring low‑cost targets and advancing them via partner-funded exploration.
EMX (NYSE American: EMX) ha annunciato che Kennecott Exploration Company, una filiale di Rio Tinto, ha esercitato la sua opzione per acquistare il Superior West Project nel centro dell'Arizona il 6 novembre 2025.
EMX ha ricevuto il pagamento finale dell'opzione di $3,407,383 e ha mantenuto una royalty NSR del 2,5% sul progetto. Il progetto è stato originariamente acquisito da EMX tramite staking dopo attività di generazione di bersagli e è stato concesso in opzione a Kennecott nel 2015. La transazione amplia il portafoglio di royalty di EMX e riflette il modello dell'azienda di acquisire bersagli a basso costo e farli progredire tramite esplorazione finanziata dai partner.
EMX (NYSE American: EMX) anunció que Kennecott Exploration Company, una subsidiaria de Rio Tinto, ejerció su opción para comprar el Proyecto Superior West en el centro de Arizona el 6 de noviembre de 2025.
EMX recibió el pago final de la opción de $3,407,383 y retuvo una royalty NSR del 2,5% sobre el proyecto. El proyecto fue originalmente adquirido por EMX a través de la prospección y generación de objetivos y fue puesto en opción a Kennecott en 2015. La transacción amplía la cartera de regalías de EMX y refleja el modelo de la empresa de adquirir objetivos de bajo costo y desarrollarlos mediante exploración financiada por socios.
EMX (NYSE American: EMX)은 Rio Tinto의 자회사인 Kennecott Exploration Company가 2025년 11월 6일 중앙 애리조나의 Superior West Project를 매입하기로 한 옵션을 행사했다고 발표했습니다.
EMX는 옵션의 최종 지급액 $3,407,383를 받았고 프로젝트에 대해 2.5% NSR 로열티를 유지했습니다. 이 프로젝트는 초기에는 목표 생성 작업 후 스테이킹으로 EMX가 인수했고 2015년 Kennecott에 옵션으로 넘겨졌습니다. 이번 거래로 EMX의 로열티 포트폴리오가 확장되었으며, 파트너가 자금을 지원하는 탐사를 통해 저비용 목표를 인수하고 발전시키는 회사의 모델을 반영합니다.
EMX (NYSE American: EMX) a annoncé que Kennecott Exploration Company, une filiale de Rio Tinto, a exercé son option d'acheter le Superior West Project dans le centre de l'Arizona le 6 novembre 2025.
EMX a reçu le paiement final de l'option de $3,407,383 et a conservé une royalty NSR de 2,5% sur le projet. Le projet a été initialement acquis par EMX par le biais d'un staking après des travaux de génération de cibles et a été mis en option à Kennecott en 2015. La transaction élargit le portefeuille de redevances d'EMX et reflète le modèle de l'entreprise consistant à acquérir des cibles à faible coût et à les faire progresser via une exploration financée par des partenaires.
EMX (NYSE American: EMX) gab bekannt, dass Kennecott Exploration Company, eine Tochtergesellschaft von Rio Tinto, seine Option ausgeübt hat, das Superior West Project in Zentral-Arizona am 6. November 2025 zu erwerben.
EMX erhielt die endgültige Optionszahlung von $3,407,383 und behielt eine 2,5%-NSR-Royalty auf dem Projekt. Das Projekt wurde ursprünglich von EMX durch Staking erworben und 2015 Kennecott optioniert. Die Transaktion erweitert das Royalty-Portfolio von EMX und spiegelt das Modell des Unternehmens wider, kostengünstige Ziele zu erwerben und sie durch von Partnern finanzierte Exploration voranzutreiben.
EMX (NYSE American: EMX) أعلنت أن شركة Kennecott Exploration Company، وهي شركة تابعة لـ Rio Tinto، مارست خيارها لشراء مشروع Superior West في وسط أريزونا في 6 نوفمبر 2025.
تلقت EMX الدفع النهائي للمبلغ الاختياري البالغ $3,407,383 وحافظت على حقوق ملكية NSR بنسبة 2.5% على المشروع. تم الاستحواذ على المشروع في الأصل من قبل EMX من خلال التكاتف بعد أعمال توليد الأهداف وقدمته كخيار لـ Kennecott في 2015. تعكس الصفقة توسيع محفظة العوائد لشركة EMX وتبرز نموذج الشركة في اقتناء أهداف منخفضة التكلفة وتطويرها من خلال استكشاف ممول من الشركاء.
- $3,407,383 final option payment received
- Retained a 2.5% NSR royalty on Superior West
- Option exercise by Kennecott (Rio Tinto subsidiary) confirms partner interest
- Project had been optioned since 2015, reflecting multi-year advancement
- None.
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2025) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (the "Company" or "EMX") is pleased to announce that Kennecott Exploration Company ("KEX"), a subsidiary of the Rio Tinto Group, has exercised its option to purchase EMX's Superior West Project, located in central Arizona, and in connection therewith EMX is in receipt of the final option payment of
EMX acquired the Superior West Project by staking open ground after target generation activities in the greater Superior and Globe-Miami porphyry districts, which ultimately resulted in the acquisition of multiple key property positions within these prolific districts. The project was optioned to KEX in 2015 and advanced through various field programs. KEX's exercise of the option to purchase highlights the strength of EMX's royalty generation model, in which targets and related mineral rights are acquired at minimal cost to shareholders, then advanced through partnerships with leading exploration and mining companies. EMX receives cash payments and retains royalty interests, expanding its growing global portfolio.
About EMX. EMX is a precious and base metals royalty company. EMX's investors are provided with discovery, development, and commodity price optionality, while limiting exposure to risks inherent to operating companies. The Company's common shares are listed on the NYSE American Exchange and TSX Venture Exchange under the symbol "EMX". Please see www.EMXroyalty.com for more information.
For further information, contact:
| David M. Cole President and CEO Phone: (303) 973-8585 Dave@EMXroyalty.com | Stefan Wenger Chief Financial Officer Phone: (303) 973-8585 SWenger@EMXroyalty.com | Isabel Belger Investor Relations Phone: +49 178 4909039 IBelger@EMXroyalty.com |
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
Forward-Looking Statements
This news release may contain "forward-looking statements" that reflect the Company's current expectations and projections about its future results. These forward-looking statements may include statements regarding perceived merit of properties, exploration results and budgets, mineral reserves and resource estimates, work programs, capital expenditures, timelines, strategic plans, market prices for precious and base metal, or other statements that are not statements of fact. When used in this news release, words such as "estimate," "intend," "expect," "anticipate," "will", "believe", "potential" and similar expressions are intended to identify forward-looking statements, which, by their very nature, are not guarantees of the Company's future operational or financial performance, and are subject to risks and uncertainties and other factors that could cause the Company's actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and factors may include, but are not limited to unavailability of financing, failure to identify commercially viable mineral reserves, fluctuations in the market valuation for commodities, difficulties in obtaining required approvals for the development of a mineral project, increased regulatory compliance costs, expectations of project funding by joint venture partners and other factors.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release or as of the date otherwise specifically indicated herein. Due to risks and uncertainties, including the risks and uncertainties identified in this news release, and other risk factors and forward-looking statements listed in the Company's MD&A for the quarter June 30, 2025 (the "MD&A"), and the most recently filed Annual Information Form ("AIF") for the year ended December 31, 2024, actual events may differ materially from current expectations. More information about the Company, including the MD&A, the AIF and financial statements of the Company, is available on SEDAR+ at www.sedarplus.ca and on the SEC's EDGAR website at www.sec.gov.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273371
FAQ
What did EMX announce about the Superior West sale on November 6, 2025?
How much cash did EMX receive from Kennecott for the Superior West project (EMX)?
What royalty interest did EMX keep on the Superior West project (EMX)?
Who exercised the Superior West option and what is their parent company (EMX)?
When was the Superior West project originally optioned to Kennecott (EMX)?
How does this transaction affect EMX's business model and portfolio (EMX)?
