EMX Provides Update on the Sale of Its Nordic Business Unit to First Nordic
EMX Royalty Corporation (NYSE American: EMX) has provided an update on the previously announced sale of its Nordic operational platform to First Nordic Metals Corporation (TSXV: FNM). The strategic divestment includes EMX's regional infrastructure, exploration equipment, and employees across Nordic countries.
The transaction has received conditional acceptance from the TSX Venture Exchange and is pending final regulatory approvals. As a non-arm's length transaction due to shared directorship, it requires TSXV acceptance. The deal also awaits clearance under the Swedish Foreign Direct Investment Act, expected to be completed by October 2025.
EMX Royalty Corporation (NYSE American: EMX) ha comunicato un aggiornamento sulla vendita annunciata della sua piattaforma operativa nei Paesi nordici a First Nordic Metals Corporation (TSXV: FNM). La cessione strategica comprende l'infrastruttura regionale di EMX, le attrezzature di esplorazione e il personale operativo nei Paesi nordici.
L'operazione ha ottenuto l'accettazione condizionale dalla TSX Venture Exchange ed è in attesa delle autorizzazioni regolamentari finali. Essendo una transazione non a condizioni di mercato a causa di direttori in comune, richiede l'approvazione del TSXV. L'accordo è inoltre subordinato all'autorizzazione prevista dalla legge svedese sugli investimenti esteri diretti, la cui conclusione è stimata per ottobre 2025.
EMX Royalty Corporation (NYSE American: EMX) ha informado una actualización sobre la venta anunciada de su plataforma operativa en los países nórdicos a First Nordic Metals Corporation (TSXV: FNM). La desinversión estratégica incluye la infraestructura regional de EMX, los equipos de exploración y el personal en los países nórdicos.
La transacción ha recibido la aceptación condicional de la TSX Venture Exchange y está pendiente de las aprobaciones regulatorias finales. Al tratarse de una operación no arm's length por la existencia de directorios compartidos, requiere la aceptación del TSXV. El acuerdo también está sujeto a la autorización conforme a la Ley sueca de Inversión Extranjera Directa, que se espera complete en octubre de 2025.
EMX Royalty Corporation (NYSE American: EMX)는 북유럽 운영 플랫폼을 First Nordic Metals Corporation (TSXV: FNM)에 매각한다는 기존 발표에 대한 업데이트를 제공했습니다. 이번 전략적 매각에는 EMX의 지역 인프라, 탐사 장비 및 북유럽 지역 직원들이 포함됩니다.
이 거래는 TSX 벤처 거래소의 조건부 승인을 받았으며 최종 규제 승인 대기 중입니다. 이사회 멤버가 중복되어 비독립 거래로 간주되므로 TSXV의 승인이 필요합니다. 또한 스웨덴 외국인직접투자법(Foreign Direct Investment Act)에 따른 승인도 대기 중이며, 2025년 10월까지 완료될 것으로 예상됩니다.
EMX Royalty Corporation (NYSE American: EMX) a publié une mise à jour concernant la cession annoncée de sa plateforme opérationnelle nordique à First Nordic Metals Corporation (TSXV: FNM). Cette désinvestissement stratégique comprend l'infrastructure régionale d'EMX, le matériel d'exploration et les employés dans les pays nordiques.
La transaction a reçu une acceptation conditionnelle de la TSX Venture Exchange et est en attente des autorisations réglementaires finales. Étant donné qu'il s'agit d'une opération non indépendante en raison de la présence de directeurs communs, elle nécessite l'acceptation du TSXV. L'accord est également soumis à l'approbation prévue par la loi suédoise sur les investissements directs étrangers, attendue pour octobre 2025.
EMX Royalty Corporation (NYSE American: EMX) hat ein Update zum zuvor angekündigten Verkauf seiner nordischen Betriebsplattform an First Nordic Metals Corporation (TSXV: FNM) veröffentlicht. Die strategische Veräußerung umfasst EMXs regionale Infrastruktur, Explorationsausrüstung und Mitarbeiter in den nordischen Ländern.
Die Transaktion hat eine bedingte Zustimmung der TSX Venture Exchange erhalten und wartet auf die endgültigen behördlichen Genehmigungen. Da es sich aufgrund gemeinsamer Direktoren um eine nicht unabhängige Transaktion handelt, bedarf sie der Zustimmung des TSXV. Zudem steht das Geschäft unter dem Vorbehalt einer Freigabe nach dem schwedischen Gesetz über ausländische Direktinvestitionen, die voraussichtlich bis Oktober 2025 abgeschlossen sein wird.
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Vancouver, British Columbia--(Newsfile Corp. - September 9, 2025) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (the "Company" or "EMX") is pleased to provide an update with respect to the previously announced sale of its Nordic operational platform (the "Transaction") to First Nordic Metals Corporation (TSXV: FNM) ("FNM"), a current partner and operator on multiple EMX royalty properties in Sweden and Finland (see the Company's News Release dated June 2, 2025). This strategic divestment includes EMX's regional infrastructure, exploration equipment, and employees across the Nordic countries.
The Transaction is a non-arm's length transaction pursuant to the policies of the TSX Venture Exchange ("TSXV") as a result of the parties having a director in common and is therefore subject to acceptance of the TSXV. The Transaction has been conditionally accepted by the TSXV and the Company is proceeding with the satisfaction of the conditions required for the final acceptance of the Transaction which are standard for a transaction of this nature. Additionally, completion of the Transaction remains subject to clearance pursuant to the Swedish Foreign Direct Investment Act, which process is expected to be completed prior to the end of October 2025.
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" and "forward-looking information" (together "forward-looking statements") that reflect the Company's current expectations and projections about its future results. These forward-looking statements may include statements regarding receipt of final TSXV acceptance for the Transaction, timing and clearance of the Transaction pursuant to the Swedish Foreign Direct Investment Act, timing for completion of the Transaction 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 difficulties in obtaining required approvals for the Transaction, increased regulatory compliance costs 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 ended 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. EMX does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265815
FAQ
What assets is EMX Royalty selling to First Nordic Metals?
When is EMX's Nordic business unit sale expected to complete?
Why is EMX's sale to First Nordic considered a non-arm's length transaction?
What regulatory approvals are needed for EMX's Nordic unit sale?
