The RSUs were granted at an estimated price of C$1.09 per unit and will vest in equal installments over two years, with the first tranche vesting one year after the date of grant. Each vested RSU entitles the holder to one common share of the Company.
The award is subject to the terms of the Company’s Equity Incentive Plan and the policies of the TSX Venture Exchange.
ABOUT Empress Royalty Corp.
Empress is a global royalty and streaming creation company that offers investors a diversified portfolio of gold and silver investments. Empress has built a portfolio of precious metals investments and actively invests in mining companies with development and production stage projects that require additional non-dilutive capital. The company has a strategic partnership with Endeavor Financial that will not only give Empress access to global investment opportunities, but also bring unique expertise in mining financing and deal structuring. Empress looks forward to continuously creating value for its shareholders through its proven royalty and streaming models.
ON BEHALF OF Empress Royalty Corp.
By: Alexandra Woodyer Sherron, CEO and President
For more information, please visit our website at www.empressroyalty.com, or contact us by email at info@empressroyalty.com or by phone at +1.604.331.2080.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
The information contained herein includes “forward-looking statements” and “forward-looking information” as defined under applicable Canadian securities laws (“forward-looking statements”). Forward-looking statements and information generally can be identified by the use of terms such as “may”, “will”, “should”, “expect”, “intend”, “estimate”, continue”, “believe”, “plan”, “anticipate” or similar terms.
Forward-looking information and statements include, but are not limited to, statements regarding the activities, events or developments that Empress Royalty Corp. (“Empress” or the “Company”) expects or anticipates that they will or may occur in the future, including those relating to future growth and the ability to create new streams or royalties, the development and focus of the Company, its acquisition strategy, the plans and expectations of the operators of the projects underlying its interests, including the proposed advancement and expansion of such projects; the results of the exploration, development and production activities of the operators of such projects; and the company’s expectations of future revenues.
Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about Empress’s activities and the industry and markets in which it operates. Forward-looking information and statements are made based on numerous assumptions and although the assumptions made by the Company in providing forward-looking information and statements are believed to be reasonable at the time by management, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors that may cause Empress’s actual results, performance and achievements to differ materially from Empress’s projections of results, performance and achievements, including, but not limited to, the inability of the operators of the properties underlying the Company’s royalties and flows of interests to execute proposed plans for such properties or to achieve planned development and production estimates and targets risks related to the operators of the projects in which the Company has interests, including the successful continuation of operations on such properties. projects of these operators, risks related to exploration, development, permitting, infrastructure, operational or technical issues associated with such projects, risks related to international operations, government relations and environmental regulations, uncertainty regarding the availability and costs of financing needed in the future and the Company’s ability to execute its growth plans, as well as the impact of the COVID-19 pandemic and other related risks and uncertainties. For a discussion of important factors that could cause actual results to differ from forward-looking statements, please see Empress’ annual information form for the year ended December 31, 2024 and the other publicly filed documents under profile a www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information and statements. The Company assumes no obligation to update or reissue any forward-looking information as a result of new information or events, except as required by applicable securities laws. Disclosure regarding properties in which Empress has royalties or power interests is based on information made public by the owners or operators of such properties. The Company generally has limited or no access to the properties underlying its interests and is largely dependent on the operators’ disclosure of its interests and other publicly available information. The Company generally has limited or no ability to verify such information. Although the Company has no knowledge that such information may not be accurate, no guarantee is given that such third party information is complete or accurate. In addition, certain information disclosed by operators may cover a larger property than the area covered by the Company’s interest, which may often apply to only a portion of the total project area or to applicable mineral resources or reserves.
SOURCE: Empress Royalty Corp.
View the original press release on ACCESS Newswire
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