EMPRESS RTY CORP - EMPYF STOCK NEWS

Empress Royalty Corp. has secured a US$15M Accordion Credit Facility with Nebari Natural Resources Credit Fund I LP. The initial draw of US$4.5M will fund investments and working capital. The facility offers financial flexibility to enhance the company’s portfolio and supports strategic growth plans. The term is two years, bearing interest at Libor plus 10% per annum. The agreement includes an arrangement fee and warrants for Nebari. The facility is pending TSX Venture Exchange approval.

Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) updated its investment portfolio, highlighting progress across several mining projects. Key developments include:

• Tahuehueto Silver Stream: Construction is on schedule, with initial production expected by Q1 2022.
• Sierra Antapite Gold Stream: Production expansion ongoing, increasing plant capacity to 1,000 tonnes per day.
• Manica Gold Royalty: Construction is advancing, with initial production anticipated early 2022.
• Pinos Gold & Silver Royalty: Candelaria Mining secured C$8.4 million for future development.

Empress Royalty Corp. has announced an additional funding of US$2.5 million to increase its gold stream on the Sierra Antapite mine in Peru from 2.25% to 3.375%. This increase is expected to generate additional revenue, contributing to a significant revenue forecast for next year. The Company is now 75% funded on this stream, which is part of a larger US$10 million agreement initiated earlier. Additionally, Empress is seeking new debt financing after discontinuing discussions with Accendo Banco.

Empress Royalty Corp. (TSXV: EMPR; OTCQB: EMPYF) has officially changed its financial year-end from September 30 to December 31, aligning its reporting periods with its peer group. This adjustment results in a transitional 15-month financial year ending December 31, 2021. The company, focused on royalty and streaming investments in the precious metals sector, has built a portfolio of 17 investments since its public listing in December 2020. This change aims to enhance its reporting efficiency and maintain competitiveness within the market.

Empress Royalty Corp. has secured a US$5.2 million medium-term bridge loan from Accendo Banco to finance the Sierra Antapite stream acquisition and for working capital. The loan will incur interest at 11% per annum and is to be repaid within 24 months. Additionally, the loan agreement includes an arrangement fee of US$156,000 and the issuance of 6.5 million share purchase warrants. This financing is part of Empress's strategy to expand its portfolio in precious metals, leveraging its relationships with strategic partners.

Empress Royalty Corp. (EMPYF) announced its first revenue from the Sierra Antapite gold mine in Peru, marking a significant milestone just eight months post its public listing. The company has a US$10M gold stream agreement, which involves 20% of the gold spot price for the first 11,000 ounces. The first tranche of US$5M has already been funded, securing 2.25% of the payable gold production. With a diversified portfolio of 17 precious metal investments, Empress aims to create shareholder value through strategic partnerships and a proven royalty and streaming model.

Empress Royalty Corp. has secured a US$10M gold stream agreement on the Sierra Antapite mine in Peru, marking its first revenue-generating investment. The agreement entails acquiring 4.5% of gold production for the first 11,000 ounces at 20% of the gold spot price, with a 1% share thereafter. The funds will enhance the mine's capacity from 750 to 1,000 tonnes per day. This strategic move is expected to transform Empress into a revenue-generating royalty and streaming company.

Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) has amended its agreement with Endeavour Financial Ltd. to enhance funding options, including potential debt facilities and corporate mergers. The partnership aims to accelerate Empress's growth strategy through Endeavour's extensive industry network and expertise in mining finance, which includes over US$500 million in royalty finance and US$4 billion in debt finance. This strategic collaboration is expected to create value for Empress's shareholders by facilitating access to non-dilutive capital.

Empress Royalty Corp. has completed a US$5M silver stream agreement with Altaley Mining for the Tahuehueto project in Mexico, closing the final payment of US$3M. This stream covers 100% of the first 1,250,000 ounces of payable silver production, stepping down to 20% thereafter for up to ten years. The project, approximately 60% constructed, is expected to commence initial production in late 2021 and full-scale operations in early 2022. This agreement is part of a larger US$25M financing solution for Altaley, which includes equity placements and debt facilities.