EMX Royalty Announces Grant of Security-Based Compensation

Rhea-AI Summary

EMX Royalty (NYSE American: EMX) (TSXV: EMX) has announced a comprehensive grant of security-based compensation. The company has issued:

• 840,500 Options to officers, directors, employees and consultants, exercisable at C$2.92 per share over five years
• 483,000 RSUs with performance criteria, featuring 3-year cliff vesting and potential for 0-1.5 common shares based on shareholder return and operational milestones
• 358,000 RSUs without performance criteria, vesting in three equal annual tranches
• 116,000 cash-settled DSUs for independent directors, redeemable upon retirement, resignation, or replacement

All securities issued to officers and directors are subject to a four-month-and-one-day resale restriction period per TSX Venture Exchange policies.

Positive

• Comprehensive equity incentive plan aligns management and employee interests with shareholders
• Performance-based RSUs incentivize management to achieve operational milestones and shareholder returns

Negative

• Potential dilution from 1.68 million new equity instruments (excluding DSUs)
• Performance RSUs could result in up to 724,500 additional shares if maximum performance targets are met

Vancouver, British Columbia--(Newsfile Corp. - March 31, 2025) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (the "Company" or "EMX") is pleased to announce that pursuant to its equity incentive plan, it has granted incentive stock options ("Options"), restricted share units ("RSUs") with performance criteria, RSUs with no performance criteria, and deferred share units ("DSUs") to certain officers, directors, employees, and consultants of the Company as follows:

• Granted an aggregate of 840,500 Options to officers, directors, employees and consultants of the Company. The options are exercisable at a price of C$2.92 per share for a period of five (5) years.

• Granted an aggregate of 483,000 RSUs with performance criteria. These RSUs have a 3-year cliff vesting provision and have been granted to officers, directors, and certain employees, subject to any applicable stock exchange approvals and vesting requirements. Each RSU with performance criteria will entitle the holder to acquire, for nil cost, between zero and 1.5 common shares of the Company, subject to the achievement of performance conditions relating to the Company's total shareholder return, and certain operational milestones.

• Granted an aggregate of 358,000 RSUs with no performance criteria to officers, directors, employees and consultants, subject to any applicable stock exchange approvals and vesting requirements. These RSUs will vest in 3 equal tranches over a 3-year period with the first, second and third tranches vesting on the first, second and third anniversaries of the date of the grant, respectively. Each RSU with no performance criteria entitles the holder to acquire, for nil cost, one common share of the Company.

• Granted an aggregate of 116,000 cash-settled DSUs to independent directors, which will be redeemable upon the retirement, resignation or replacement of a director.

All securities issued to officers and directors of the Company will be subject to restrictions on resale for a period four-months-and-one-day following the original issuance of such securities, in accordance with the policies of the TSX Venture Exchange.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246771

FAQ

What is the exercise price and duration of EMX Royalty's newly granted stock options?

EMX Royalty's newly granted stock options are exercisable at C$2.92 per share for a five-year period.

How many performance-based RSUs did EMX Royalty grant and what are their vesting conditions?

EMX granted 483,000 performance-based RSUs with 3-year cliff vesting, offering 0-1.5 common shares each based on total shareholder return and operational milestones.

What is the vesting schedule for EMX Royalty's non-performance RSUs?

The 358,000 non-performance RSUs vest in three equal tranches over three years, with portions vesting on the first, second, and third grant anniversaries.

How many DSUs did EMX Royalty grant to independent directors and when can they be redeemed?

EMX granted 116,000 cash-settled DSUs to independent directors, redeemable upon their retirement, resignation, or replacement.