EMX Royalty Announces Appointment of Stefan Wenger as CFO
EMX Royalty (NYSE American: EMX) has announced the appointment of Stefan L. Wenger as Chief Financial Officer, effective October 1, 2024. Wenger, previously CFO and Treasurer at Royal Gold from 2006 to 2018, brings extensive experience in the mining royalty sector. During his tenure at Royal Gold, the company's portfolio grew from 14 to 188 royalties, with annual revenues increasing from $15 million to $459 million.
As part of EMX's corporate restructuring, Douglas Reed transitions from CFO to Chief Accounting Officer, while Ryan Hindmarch is appointed as Director of Finance. Wenger will receive 50,000 incentive stock options and 50,000 restricted share units (RSUs) as part of his compensation package.
EMX Royalty (NYSE American: EMX) ha annunciato la nomina di Stefan L. Wenger come Chief Financial Officer, con effetto dal 1° ottobre 2024. Wenger, precedentemente CFO e Tesoriere di Royal Gold dal 2006 al 2018, porta con sé una vasta esperienza nel settore delle royalty minerarie. Durante il suo mandato in Royal Gold, il portafoglio dell'azienda è cresciuto da 14 a 188 royalty, con ricavi annuali che sono aumentati da 15 milioni a 459 milioni di dollari.
Come parte della ristrutturazione aziendale di EMX, Douglas Reed passa da CFO a Chief Accounting Officer, mentre Ryan Hindmarch è nominato Direttore Finanziario. Wenger riceverà 50.000 opzioni su azioni di incentivazione e 50.000 unità di azioni vincolate (RSU) come parte del suo pacchetto retributivo.
EMX Royalty (NYSE American: EMX) ha anunciado el nombramiento de Stefan L. Wenger como Director Financiero, con efecto a partir del 1 de octubre de 2024. Wenger, anteriormente CFO y Tesorero de Royal Gold de 2006 a 2018, aporta una amplia experiencia en el sector de regalías mineras. Durante su mandato en Royal Gold, el portafolio de la empresa creció de 14 a 188 regalías, con ingresos anuales que aumentaron de 15 millones a 459 millones de dólares.
Como parte de la reestructuración corporativa de EMX, Douglas Reed pasa de CFO a Director de Contabilidad, mientras que Ryan Hindmarch es nombrado Director de Finanzas. Wenger recibirá 50,000 opciones de acciones de incentivo y 50,000 unidades de acciones restringidas (RSU) como parte de su paquete de compensación.
EMX 로열티(NYSE American: EMX)는 2024년 10월 1일부터 스테판 L. 웬거를 최고재무책임자(CFO)로 임명했다고 발표했습니다. 웬거는 2006년부터 2018년까지 로얄 골드의 CFO 및 재무 담당자로 근무하면서 광업 로열티 분야에서 광범위한 경험을 쌓았습니다. 로얄 골드에서 재직하는 동안 회사의 포트폴리오는 14개에서 188개 로열티로 증가했으며 연간 수익은 1500만 달러에서 4억 5900만 달러로 증가했습니다.
EMX의 기업 재구성의 일환으로 더글라스 리드는 CFO에서 최고회계책임자(CAO)로 이동하며, 라이언 핀드마치는 재무 이사로 임명됩니다. 웬거는 보상 패키지의 일환으로 50,000개의 인센티브 스톡 옵션과 50,000개의 제한 주식 단위(RSU)를 받을 예정입니다.
EMX Royalty (NYSE American : EMX) a annoncé la nomination de Stefan L. Wenger en tant que directeur financier, à partir du 1er octobre 2024. Wenger, précédemment CFO et trésorier chez Royal Gold de 2006 à 2018, possède une vaste expérience dans le secteur des redevances minières. Pendant son mandat chez Royal Gold, le portefeuille de l'entreprise est passé de 14 à 188 redevances, avec des revenus annuels augmentant de 15 millions à 459 millions de dollars.
Dans le cadre de la restructuration d'EMX, Douglas Reed passe de CFO à directeur de la comptabilité, tandis que Ryan Hindmarch est nommé directeur financier. Wenger recevra 50 000 options d’actions d’incitation et 50 000 unités d’actions restreintes (RSU) dans le cadre de son package de rémunération.
EMX Royalty (NYSE American: EMX) hat die Ernennung von Stefan L. Wenger zum Chief Financial Officer, der am 1. Oktober 2024 in Kraft tritt, bekannt gegeben. Wenger, der zuvor von 2006 bis 2018 CFO und Schatzmeister bei Royal Gold war, bringt umfangreiche Erfahrung im Bereich der Bergbau-Royalty mit. Während seiner Amtszeit bei Royal Gold wuchs das Portfolio des Unternehmens von 14 auf 188 Royalties, während die jährlichen Einnahmen von 15 Millionen auf 459 Millionen Dollar anstiegen.
Im Rahmen der Unternehmensumstrukturierung von EMX wechselt Douglas Reed vom CFO zum Chief Accounting Officer, während Ryan Hindmarch als Finance Director ernannt wird. Wenger erhält 50.000 Aktienoptionen und 50.000 beschränkte Aktieneinheiten (RSUs) als Teil seines Vergütungspakets.
- Appointment of experienced CFO Stefan Wenger with a strong track record in the mining royalty sector
- Wenger's previous role at Royal Gold saw significant portfolio and revenue growth
- Optimization of corporate responsibilities with new roles for existing executives
- None.
Vancouver, British Columbia--(Newsfile Corp. - September 18, 2024) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce the appointment of Mr. Stefan L. Wenger as Chief Financial Officer effective October 1, 2024. Mr. Wenger was previously the Chief Financial Officer and Treasurer of Royal Gold, Inc., one of the mining industry's leading royalty companies, from 2006 to 2018. Prior to becoming Royal Gold's CFO, Mr. Wenger was the Chief Accounting Officer from 2003 to 2006. During his tenure, Royal Gold grew its portfolio from 14 to 188 royalties, while annual revenues increased from US
In addition to Mr. Wenger's new role as CFO, and as part of the Company's optimization of corporate responsibilities, Mr. Douglas Reed has transitioned from CFO to become EMX's Chief Accounting Officer and Mr. Ryan Hindmarch, currently Corporate Controller, has been appointed as the Director of Finance. The Company is excited to have Mr. Wenger onboard, as well as for the appointment of Mr. Reed and Mr. Hindmarch to their new positions, and looks forward to their collective contributions fostering EMX's growth and shareholder value creation.
On the effective date, as part of his appointment Mr. Wenger will receive 50,000 incentive stock options and 50,000 restricted shares units (RSUs) as part of his CFO compensation package. The options vest on the date of grant, will have a term of 5 years to expiry, and will have an exercise price equal to the closing price of the Company's common shares on the TSX-Venture Exchange as of the day prior October 1, 2024; and the RSUs will vest after 12 months from the grant date.
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, but which 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 the Company being unable to comply with the covenants under the Credit Agreement, including the repayment of any amounts owing under the Loan, 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 June 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/223686
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