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. (TSXV:EMPR)(OTCQX:EMPYF) is a global royalty and streaming creation company offering a diversified portfolio of gold and silver investments. With strategic partnerships with Endeavour Financial and Terra Capital, Empress accesses unique mining finance expertise and capital markets. Recent achievements include closing a US$5M gold stream investment in the Galaxy gold mine in South Africa and a US$28.5M Accordion Credit Facility with Nebari Gold Fund 1, LP. Empress aims to create value for its shareholders through proven royalty and streaming models.
Empress Royalty Corp. has successfully upgraded its common shares to trade on the OTCQX Best Market under the symbol EMPYF, transitioning from OTCQB. CEO Alexandra Woodyer Sherron emphasized that this upgrade enhances visibility, liquidity, and capital access for US investors. The OTC Markets Group requires companies to meet strict financial and governance standards for OTCQX eligibility. Since its December 2020 listing, Empress has built a diverse portfolio of 17 precious metal investments, focusing on providing non-dilutive capital to mining companies.
Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) has successfully closed the second tranche of its non-brokered private placement, raising an additional US$1M. The total funds raised amount to US$2M, equivalent to C$2.6M, from the sale of 8,666,666 Units priced at C$0.30 each. Proceeds will be used to explore new investment opportunities and enhance market awareness. The offering includes a related party transaction with an insider, exempt from formal valuation requirements. The common shares and warrants will be subject to a resale hold period under Canadian laws.
Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) has completed the first tranche of its US$2M private placement, raising US$1M by issuing 4,350,000 units at C$0.30 each with investor Rick Rule. The final tranche is anticipated to close soon. The funds will be used for evaluating royalty and streaming investment opportunities, boosting U.S. market awareness, and general working capital. The offering is subject to exchange approval and will not be registered under U.S. securities laws.
FAQ
What is the current stock price of EMPRESS RTY (EMPYF)?
What is the market cap of EMPRESS RTY (EMPYF)?
What does Empress Royalty Corp. specialize in?
What recent achievements has Empress Royalty Corp. made?
Who are Empress Royalty Corp.'s strategic partners?
How does Empress Royalty Corp. create value for shareholders?