EMX Announces Acquisition of Additional 1% NSR Royalty on the Chapi Copper Mine Property in Peru
EMX Royalty has acquired an additional 1% Net Smelter Returns (NSR) royalty interest on the Chapi Copper Mine Property in Peru for US$7,000,000 from Minera Pampa de Cobre S.A.C. (MPC). This acquisition brings EMX's total NSR royalty on the property to 2%, representing a total investment of US$10,000,000.
The royalty agreement covers approximately 26,000 hectares and includes a 2% NSR on minerals produced from the property, as well as minerals processed at the Chapi Mine facilities from outside the property area. The agreement also features a two-kilometer area of interest (AOI), ensuring that any property acquired by MPC within this zone will be subject to the same 2% NSR royalty.
EMX Royalty ha acquisito un ulteriore 1% di royalty su Net Smelter Returns (NSR) per il Chapi Copper Mine Property in Perù, per un importo di 7.000.000 USD da Minera Pampa de Cobre S.A.C. (MPC). Questa acquisizione porta la totalità delle royalty NSR di EMX sulla proprietà al 2%, rappresentando un investimento totale di 10.000.000 USD.
Il contratto di royalty copre circa 26.000 ettari e include un 2% di NSR sui minerali prodotti dalla proprietà, così come sui minerali lavorati presso le strutture della Chapi Mine provenienti da aree esterne al sito. L'accordo prevede inoltre un'area di interesse (AOI) di due chilometri, garantendo che qualsiasi proprietà acquisita da MPC all'interno di questa zona sarà soggetta alla stessa royalty NSR del 2%.
EMX Royalty ha adquirido un 1% adicional de interés en regalías de Net Smelter Returns (NSR) sobre la Chapi Copper Mine Property en Perú por 7.000.000 USD de Minera Pampa de Cobre S.A.C. (MPC). Esta adquisición lleva el total de regalías NSR de EMX en la propiedad al 2%, representando una inversión total de 10.000.000 USD.
El acuerdo de regalías cubre aproximadamente 26.000 hectáreas e incluye un 2% de NSR sobre los minerales producidos en la propiedad, así como los minerales procesados en las instalaciones de la Mina Chapi desde áreas fuera de la propiedad. El acuerdo también cuenta con un área de interés (AOI) de dos kilómetros, asegurando que cualquier propiedad adquirida por MPC dentro de esta zona estará sujeta a la misma regalía NSR del 2%.
EMX Royalty는 페루의 Chapi Copper Mine Property에 대해 Minera Pampa de Cobre S.A.C. (MPC)로부터 7,000,000 USD에 1%의 추가 순광산환급금(NSR) 로열티 지분을 인수했습니다. 이 인수로 EMX의 해당 부동산에 대한 총 NSR 로열티는 2%로, 총 투자금은 10,000,000 USD에 달합니다.
로열티 계약은 약 26,000 헥타르를 포괄하며, 해당 부동산에서 생산된 광물에 대한 2% NSR은 물론 부동산 외부에서 제련된 Chapi Mine 시설에서 처리된 광물도 포함됩니다. 계약에는 2킬로미터의 관심 지역(AOI)도 포함되어 있어, MPC가 이 지역 내에서 취득하는 모든 부동산은 동일한 2% NSR 로열티의 적용을 받게 됩니다.
EMX Royalty a acquis un pourcentage supplémentaire de 1% sur les royalties de Net Smelter Returns (NSR) concernant le Chapi Copper Mine Property au Pérou pour 7.000.000 USD auprès de Minera Pampa de Cobre S.A.C. (MPC). Cette acquisition porte le total des royalties NSR d'EMX sur la propriété à 2%, représentant un investissement total de 10.000.000 USD.
L'accord de royalties couvre environ 26.000 hectares et comprend un NSR de 2% sur les minéraux produits sur la propriété, ainsi que sur les minéraux traités dans les installations de la mine de Chapi provenant de l'extérieur de la zone. L'accord comprend également une zone d'intérêt (AOI) de deux kilomètres, garantissant que toute propriété acquise par MPC dans cette zone sera soumise à la même royalty NSR de 2%.
EMX Royalty hat zusätzlich 1% Net Smelter Returns (NSR) Royalties an dem Chapi Copper Mine Property in Peru für 7.000.000 USD von Minera Pampa de Cobre S.A.C. (MPC) erworben. Dieser Erwerb bringt die Gesamtsumme der NSR-Royalty von EMX auf der Immobilie auf 2%, was eine Gesamtinvestition von 10.000.000 USD darstellt.
Die Royalty-Vereinbarung umfasst etwa 26.000 Hektar und beinhaltet einen 2% NSR auf die aus der Immobilie produzierten Mineralien sowie auf Mineralien, die in den Einrichtungen der Chapi Mine aus dem Außenbereich verarbeitet werden. Die Vereinbarung umfasst außerdem ein Interessensgebiet (AOI) von zwei Kilometern, das sicherstellt, dass jede von MPC innerhalb dieser Zone erworbene Immobilie der gleichen 2% NSR-Royalty unterliegt.
- Doubled NSR royalty position from 1% to 2% on Chapi Copper Mine Property
- Expanded royalty coverage to include minerals processed at Chapi facilities from outside the property
- Secured additional royalty rights through 2km area of interest provision
- Significant capital expenditure of US$7,000,000 for the additional 1% NSR
Insights
This strategic royalty expansion represents a significant move for EMX Royalty in strengthening its position in the copper sector. The acquisition of an additional 1% NSR royalty for
The agreement's structure is particularly noteworthy for three key elements: 1) The comprehensive coverage of both mine-site production and third-party ore processing, 2) The strategic two-kilometer Area of Interest provision that captures future mineral discoveries and 3) The application to the substantial 26,000-hectare property footprint.
From a financial perspective, this deal structure is characteristic of EMX's sophisticated approach to royalty acquisitions. NSR royalties are highly coveted in the mining sector as they provide top-line revenue exposure without operational costs or capital requirements. The
The expansion of royalty interest from 1% to 2% materially increases EMX's leverage to potential production success at Chapi, while the processing facility royalty component adds a unique value proposition that could generate additional revenue streams if the operation becomes a regional processing hub.
Vancouver, British Columbia--(Newsfile Corp. - February 3, 2025) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (the "Company" or "EMX") is pleased to announce that the Company has, pursuant to Royalty Agreement ("Agreement") announced on January 6, 2025 with Minera Pampa de Cobre S.A.C. ("MPC"), acquired the additional
EMX now holds a
For more information on the Royalty Agreement and the Chapi Copper Mine Property, please refer to the Company's news release published on January 6, 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
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" that reflect the Company's current expectations and projections about its future results. These forward-looking statements may include statements regarding perceived merit of properties, exploration results and budgets, mineral reserves and resource estimates, work programs, capital expenditures, timelines, strategic plans, market prices for precious and base metal, 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 unavailability of financing, failure to identify commercially viable mineral reserves, fluctuations in the market valuation for commodities, difficulties in obtaining required approvals for the development of a mineral project, increased regulatory compliance costs, expectations of project funding by joint venture partners 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 September 30, 2024 (the "MD&A"), and the most recently filed Annual Information Form ("AIF") for the year ended December 31, 2023, 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239095
FAQ
What is the total value of EMX's royalty investment in the Chapi Copper Mine Property?
How many hectares does EMX's royalty agreement cover at the Chapi Copper Mine?
What is the size of the Area of Interest (AOI) in EMX's Chapi Mine royalty agreement?
How much did EMX pay for the additional 1% NSR royalty on Chapi Copper Mine?
