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Thread: EMX Royalty

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  1. #1

    Default EMX Royalty

    EMX Royalty (EMX) is also indexing up. It appears SSR Mining is selling it's non-core royalty holdings to EMX. Website: https://www.emxroyalty.com/
    American Legion Preamble: https://www.legion.org/preamble

  2. #2

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    "EMX Royalty Files Amended and Restated Timok Project Technical Report on SEDAR"

    https://www.emxroyalty.com/news/2021...port-on-sedar/
    American Legion Preamble: https://www.legion.org/preamble

  3. #3

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    American Legion Preamble: https://www.legion.org/preamble

  4. #4

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    "EMX Completes Initial Closing on the Royalty Acquisition on the Caserones Copper-Molybdenum Mine in Northern Chile

    Vancouver, British Columbia, August 23, 2021 (NYSE American: EMX; TSX Venture: EMX; Frankfurt: 6E9) – EMX Royalty Corporation (the “Company”, or “EMX”) is pleased to announce that it has completed the initial closing under the recently announced agreement to acquire an effective 0.418% Net Smelter Return (“NSR”) royalty on the operating Caserones Copper-Molybdenum Mine (the “Caserones Royalty”) located in northern Chile for US$34.1 million in cash (see EMX news release dated August 17, 2021)."
    American Legion Preamble: https://www.legion.org/preamble

  5. #5

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    "Vancouver, British Columbia, September 3, 2021 (NYSE American: EMX; TSX Venture: EMX; Frankfurt: 6E9) – EMX Royalty Corporation (the “Company”, or “EMX”) is pleased to announce that it has completed the second and final closing under the agreement to acquire an effective 0.418% Net Smelter Return (“NSR”) royalty on the operating Caserones Copper-Molybdenum Mine (the “Caserones Royalty”) located in northern Chile for US$34.1 million in cash (see EMX news releases dated August 17 and August 23, 2021).

    As previously reported, EMX formed a 50%-50% partnership with Altus Strategies Plc (“Altus”) (AIM: ALS; TSX Venture: ALTS; OTCQX: ALTUF) to acquire an effective 0.836% NSR royalty for US$68.2 million. EMX and Altus now each control an effective 0.418% royalty interest and each were responsible for US$34.1 million of the purchase price. EMX and Altus have formed a Chilean company, Minera Tercero, Spa (“Tercero”), of which EMX and Altus each own 50%. Tercero agreed to purchase 43% of the issued and outstanding shares of an underlying royalty holder, Sociedad Legal Minera California Una de la Sierra Peña Negra (“SLM California”), through a Share Purchase Agreement with 16 shareholders of SLM California to acquire ownership of 43% of SLM California’s issued and outstanding shares, and thereby indirect ownership of 43% of SLM California’s 1.944% NSR royalty interest in the Caserones property (i.e., a 0.836% NSR royalty interest, held as 0.418% by EMX and 0.418% by Altus).

    Under the first closing, Tercero acquired 33% of SLM California for US$52.3 million. The second and final purchase of the remaining 10% of the shares of SLM California has now been completed for US$15.9 million.

    The acquisition of the Caserones Royalty is expected to provide immediate enhancement to EMX’s royalty cash flow and to secure long-term proceeds from copper and molybdenum production in one of the world’s top mining regions."
    American Legion Preamble: https://www.legion.org/preamble

  6. #6

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    "Vancouver, British Columbia, October 21, 2021 (NYSE American: EMX; TSX Venture: EMX; Frankfurt: 6E9) – EMX Royalty Corporation (the “Company”, or “EMX”) is pleased to announce that it has closed the acquisition of a portfolio of royalty interests and deferred payments (the “Royalty Portfolio”) from SSR Mining Inc. and certain of its subsidiaries (“SSR Mining”) (see EMX news release dated July 29, 2021). The Royalty Portfolio consists of 16 geographically diverse royalties, with four royalty assets at advanced stages of project development, and includes U.S. $18 million in future cash payments to be made to the owner of the Royalty Portfolio (see Figure 1 and Table 1). EMX has paid U.S. $33 million in cash and issued 12,323,048 million common shares of the Company valued at U.S. $32.5 million to SSR Mining. EMX will also make deferred and contingent payments to SSR Mining of up to U.S. $34 million if certain project advancement milestones are achieved.

    Together with other recent advancements in EMX’s global royalty portfolio and strengthening of cash flows across the Company’s operations, the SSR transaction represents a key step in EMX’s continued development as a leading royalty company."
    American Legion Preamble: https://www.legion.org/preamble

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