STOCK TITAN

EMPRESS RTY CORP - EMPYF STOCK NEWS

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.

Rhea-AI Summary

Empress Royalty Corp. has engaged Venture Liquidity Providers Inc. to deliver market-making services intended to enhance liquidity in the trading of its common shares. The arrangement, costing $5,000 monthly for three months, will be executed through W.D. Latimer Co. Ltd. and is subject to TSX Venture Exchange approval. Empress focuses on creating financing solutions in the precious metals sector and holds a diverse portfolio of investments, emphasizing partnerships with entities in development and production stages.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.46%
Tags
none
-
Rhea-AI Summary

Empress Royalty Corp. reported that Terra Capital has increased its holdings to 14,383,461 common shares, representing 13.75% of its outstanding shares. The acquisition involved 500,000 shares, up from 13,883,461, and indicates Terra Capital's confidence in Empress's growth strategy, which includes expanding its portfolio of royalties and streams. Empress is focused on creating unique financing solutions for mining companies and currently has 16 investments. This strategic move reflects positive outlooks for future valuation improvements as the company continues its growth plans.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Empress Royalty Corp. (OTCQB:EMPYF) announced a US$2M initial payment for a US$5M silver stream agreement on Telson Mining's Tahuehueto project in Mexico. The stream covers the first 1,250,000 payable ounces of silver, decreasing to 20% thereafter over a maximum of 10 years. This is part of a comprehensive US$25M financing for Telson, which includes additional equity and debt arrangements. The funds will help Telson complete its processing facility, aiming for initial production by late 2021 and full capacity in Q1 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.91%
Tags
none
Rhea-AI Summary

Empress Royalty Corp. (EMPYF) has closed and funded a 2.25% royalty on gold production from the Manica project in Mozambique, marking a significant milestone. The royalty agreement, executed for $2 million on February 22, 2021, is secured by MMP’s assets. Payments will be based on gold sales until 95,000 ounces are sold, after which the rate decreases to 0.75%. The Manica project includes deposits that are expected to generate revenue once construction is completed, demonstrating Empress's commitment to building revenue streams through strategic royalty agreements.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
Tags
none
-
News
Rhea-AI Summary

Empress Royalty Corp. (OTCQB:EMPYF) announced the appointments of Natascha Kiernan as a director, Javier Reyes as a Strategic Advisor, and David Laing as a Technical Advisor. CEO Alexandra Woodyer Sherron stated that their expertise will enhance the company's growth strategy and long-term shareholder value. Kiernan brings 15 years of experience in mining law, Reyes offers extensive knowledge of the finance and mining sectors in Mexico, and Laing has over 35 years of experience in mining operations and finance. Additionally, the company granted 8,900,000 stock options at $0.50 per share.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
none
-
Rhea-AI Summary

Empress Royalty Corp. has executed a US$5 million silver stream agreement on Telson Mining's Tahuehueto project in Mexico. This Stream encompasses 100% of the payable silver production for the first 1.25 million ounces, dropping to 20% thereafter, valid for up to 10 years. The agreement is part of a larger US$25 million financing solution. Tahuehueto is 60% constructed, with initial production expected in late 2021. This strategic partnership enhances Empress's portfolio and supports near-term production, aligning with their focus on creating value for shareholders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.65%
Tags
none
News
Rhea-AI Summary

Empress Royalty Corp. has announced that the TSX Venture Exchange has approved the listing of up to 17,250,000 common share purchase warrants under the symbol EMPR.WT, effective March 30, 2021. Currently, 15,752,500 warrants are outstanding from a prospectus offering of 31,505,000 units that closed on March 25, 2021. Each warrant allows holders to purchase one common share at C$0.75 until March 25, 2023. The press release emphasizes the company's focus on creating financing solutions for mining operations and its strategic partnerships.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.88%
Tags
none
-
Rhea-AI Summary

Empress Royalty Corp. (EMPYF) has successfully closed a bought deal public offering, issuing 31,505,000 units at C$0.50 per unit for total gross proceeds of C$15,752,500. This offering included a partial over-allotment option and was co-led by Red Cloud Securities and Canaccord Genuity. Additionally, the company completed a non-brokered private placement, raising C$650,000 from 1.3 million units. Proceeds will be used for acquisitions and corporate purposes. The offering remains subject to final acceptance by the TSX Venture Exchange.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
Tags
-
Rhea-AI Summary

Empress Royalty Corp. has announced an increased gross proceeds of C$15 million for its bought deal public offering, up from the previously planned C$12 million. The offering involves the sale of 30 million units at C$0.50 each, with each unit comprising one common share and one-half warrant, exercisable at C$0.75 for 24 months post-offering. An over-allotment option allows for an additional C$2.25 million. Funds will support acquisitions and corporate purposes, with the offering expected to close around March 25, 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
Tags
Rhea-AI Summary

Empress Royalty Corp. (OTCQB:EMPYF) announced a bought deal offering of 24 million units at C$0.50 each, expected to raise C$12 million by March 25, 2021. Each unit includes one common share and a warrant exercisable at C$0.75 within 24 months. An over-allotment option for an additional 3.6 million units may increase proceeds by C$1.8 million. Funds will be allocated for acquisitions and corporate purposes. The offering is not available in the U.S. and is subject to regulatory approvals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.85%
Tags

FAQ

What is the current stock price of EMPRESS RTY (EMPYF)?

The current stock price of EMPRESS RTY (EMPYF) is $0.245 as of December 23, 2024.

What is the market cap of EMPRESS RTY (EMPYF)?

The market cap of EMPRESS RTY (EMPYF) is approximately 29.4M.

What does Empress Royalty Corp. specialize in?

Empress Royalty Corp. specializes in offering a diversified portfolio of gold and silver investments through royalty and streaming models.

What recent achievements has Empress Royalty Corp. made?

Recent achievements include closing a US$5M gold stream investment in the Galaxy gold mine and securing a US$28.5M Accordion Credit Facility with Nebari Gold Fund 1, LP.

Who are Empress Royalty Corp.'s strategic partners?

Empress Royalty Corp. has strategic partnerships with Endeavour Financial and Terra Capital, providing access to mining finance expertise and capital markets.

How does Empress Royalty Corp. create value for shareholders?

Empress Royalty Corp. aims to create value for shareholders through its proven royalty and streaming models.

Where can I find more information about Empress Royalty Corp.?

For further information, visit the Empress Royalty Corp. website at www.empressroyalty.com or contact Kaitlin Taylor, Investor Communications, by email at info@empressroyalty.com or by phone at +1.604.331.2080.

EMPRESS RTY CORP

OTC:EMPYF

EMPYF Rankings

EMPYF Stock Data

29.39M
89.37M
18.53%
11.2%
Other Precious Metals & Mining
Basic Materials
Link
United States of America
Vancouver