Core Insights - EMX Royalty Corporation ended the year with approximately $27 million in cash and cash equivalents and $35 million in long-term debt maturing in July 2029 [1] Group 1: Financial Transactions - The company sold all its common and preferred share holdings in Ensero Holdings Inc for approximately $5.6 million, having initially invested about $3.8 million in 2020 and earned approximately $1.0 million in dividends since then [2] - EMX received an early property payment of $2.9 million from Aftermath Silver Ltd for the Berenguela Royalty Property in Peru, with a final payment of $3.25 million due in November 2026 [3] - The company completed a royalty buy-down at the Park Salyer Property in Arizona, receiving $500,000 from Arizona Sonoran Copper Company Inc, reducing its NSR royalty from 1.5% to 0.5% [4] Group 2: Company Overview - EMX is a precious and base metals royalty company, providing investors with discovery, development, and commodity price optionality while limiting exposure to risks inherent to operating companies [5]

Core Points - EMX Royalty Corporation has completed its Normal Course Issuer Bid (NCIB) program, allowing the purchase of up to 5 million common shares [1] - The company purchased the full 5 million shares at an average price of US$1.65 per share, totaling approximately US$8.3 million [1] - A significant portion of the shares, 1,375,600, was acquired in a block trade from an undisclosed seller at a price of approximately US$1.64 per share [1] Company Overview - EMX is a precious and base metals royalty company, providing investors with discovery, development, and commodity price optionality while limiting exposure to operational risks [2] - The company's common shares are listed on the NYSE American Exchange and TSX Venture Exchange under the symbol "EMX" [2]

Core Points - Aftermath Silver Ltd. has made an early property payment of US$2.9 million to EMX Royalty Corp for the Berenguela silver-copper-manganese project in Peru, five months ahead of the due date [3][4] - The company has an option to acquire a 100% interest in the Berenguela project through agreements with SSR Mining Inc. and EMX Royalty Corporation [2] - The payment obligations to EMX, originally totaling US$13 million, have been amended, with remaining payments outlined [4][6] Company Overview - Aftermath Silver is a Canadian junior exploration company focused on silver, aiming to deliver shareholder value through the discovery, acquisition, and development of quality silver projects in stable jurisdictions [7] - The company has developed a pipeline of projects at various stages of advancement, selected based on growth and development potential [7] EMX Royalty Corp Overview - EMX is a precious and base metals royalty company that provides investors with discovery, development, and commodity price optionality while limiting exposure to operational risks [6] - EMX's interest in the Berenguela project stems from its acquisition of a portfolio of royalty interests and payments from SSR Mining [4]

Core Viewpoint - EMX Royalty Corporation has acquired a 0.625% NSR royalty interest in the Urasar gold-copper project in Armenia, which is owned by Hayasa Metals Inc, marking a significant investment opportunity in the region [1][6]. Group 1: Transaction Details - EMX and Franco-Nevada Corporation will jointly pay Hayasa a total of US$1 million, with EMX contributing US$450,000 and Franco contributing US$550,000 as per their Joint Acquisition Agreement [2]. - The transaction includes a right of first refusal for EMX and Franco regarding any future royalty or similar interests on the Urasar project [2]. Group 2: Project Overview - The Urasar project was acquired by Hayasa in 2023 through an exploration license from the Armenian government, following an assessment of the Tethyan Metallogenic Belt [3]. - The project is located along a regional structural zone with historical copper production and has seen exploration by both French and Soviet entities in the past [4]. - Urasar's mineralization is similar to that of the Sokt gold deposit, the largest developed gold deposit in Armenia, indicating potential for significant discoveries [4][6]. Group 3: Industry Context - Armenia has been attracting exploration and development efforts from western companies, with a favorable mining code and over ten active metal mines contributing significantly to its GDP [5]. - The acquisition of the Urasar royalty represents the first co-investment between EMX and Franco under their Joint Acquisition Agreement, highlighting a strategic partnership in the region [6].

Core Viewpoint - EMX Royalty Corporation has announced the acquisition of a royalty interest in the Chapi copper mine in Peru, which is expected to enhance its portfolio with significant upside potential in a prolific mining region [1][4]. Summary by Sections Acquisition Details - EMX will acquire a royalty interest of up to 2% of Net Smelter Returns (NSR) on minerals produced from the approximately 26,000 hectare property owned by Minera Pampa de Cobre S.A.C. (MPC) [2] - The agreement includes a Facilities Royalty and an Area of Interest (AOI) Royalty, both also capped at 2% NSR, with specific conditions for reduction after July 1, 2034 [2] - EMX has paid US$3,000,000 for the first 1% NSR interest, with an option to acquire an additional 1% for US$7,000,000 until February 28, 2025 [2] Security and Guarantees - EMX's right to receive royalty payments is secured by a guarantee from Quilla Resources Inc. and various security instruments in Peru, subordinated to Hartree Partners, LP [3] Company Background - Quilla Resources Inc., which owns MPC, was formed in December 2024 and aims to build an intermediate-sized base metals company, led by experienced mining executive Victor Gobitz [5] Chapi Mine Overview - The Chapi Mine has historical production of approximately 5,000 to 8,500 tonnes per annum of copper from 2006 to 2012, with grades reported between 0.59% and 1.04% copper [7] - The mine has been under care and maintenance since 2012, with principal permits remaining in place [8] Geological Context and Exploration Potential - The Chapi Mine is located in a region known for significant porphyry copper deposits, contributing to Peru's status as the second-largest copper producer globally [9] - The land package includes well-mineralized horizons with potential for resource expansion and exploration for higher-grade copper mineralization [10][11] Restart Plans - Quilla's plan is to restart operations at the Chapi Mine, targeting an initial production of 10,000 tonnes per annum of copper cathode, with production expected to commence in the first half of 2026 [12]

Core Insights - EMX Royalty Corporation reported strong financial results for Q3 2024, driven by robust royalty production and high metal prices, particularly from Caserones, Gediktepe, and Leeville [3][5][13] - The company expects to exceed its 2024 adjusted royalty revenue guidance of $22 million to $27.5 million [7][9] Financial Performance - For Q3 2024, adjusted revenue and other income reached $9.66 million, a 23% increase from Q3 2023, while adjusted royalty revenue was $8.82 million, up 45% year-over-year [4][5][13] - Net income for Q3 2024 was $1.19 million, compared to a net loss of $5.06 million in the same quarter of the previous year [4] - Cash flows from operating activities were negative at $(0.19) million, down from $7.12 million in Q3 2023 [4][8] Royalty Production - The company sold 3,560 gold equivalent ounces (GEOs) in Q3 2024, a decrease from 6,608 GEOs in Q3 2023 [4][14] - Significant increases in royalty revenue were noted from Gediktepe (72% increase) and Leeville (44% increase) compared to Q3 2023 [13] Development and Investments - EMX continues to invest in generating and acquiring royalties globally, with notable investments from Zijin Mining Group at Timok and increased exploration activities [6][10] - The company is optimistic about growth prospects from major deposits at Caserones and Timok, with ongoing exploration and development efforts [10][11] Corporate Updates - Stefan Wenger was appointed as Chief Financial Officer effective October 1, 2024, bringing prior experience from Royal Gold, Inc. [17] - In August 2024, EMX entered a $35 million credit agreement with Franco-Nevada Corporation to refinance existing debt and support working capital [18] - The company repurchased 692,189 common shares during Q3 2024, reflecting a commitment to returning value to shareholders [19]

Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce the execution of an exploration and option agreement for its Yarrol, Mt Steadman and Queensland Gold projects to Mila Resources PLC ("Mila", LSE:MILA). Mila is a well-capitalized London Stock Exchange listed company seeking to broaden its exploration portfolio in Australia. The agreement provides EMX with a cash payment, warra ...

Vancouver, British Columbia--(Newsfile Corp. - October 31, 2024) - EMX Royalty Corporation (NYSE American: EMX) (TSX Venture: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce that the operator of the Viscaria copper-iron-silver project in Northern Sweden, where EMX holds a royalty interest, recently published new exploration results that appear to include discoveries of multiple new bodies of mineralization. Viscaria Gruvaktiebolag ("Viscaria"; formerly Copperstone Resources AB) is the opera ...

EMX Royalty Partner, Zijin Mining, Provides an Update on Expanded Copper and Gold Production in SerbiaOctober 23, 2024 7:30 AM EDT | Source: EMX Royalty Corp.Vancouver, British Columbia--(Newsfile Corp. - October 23, 2024) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce that its royalty partner at Timok in Serbia, Zijin Mining Group Co., Ltd. ("Zijin"), released unaudited interim results that show markedly increased levels o ...

EMX Executes Agreement to Sell its Gumsberg Polymetallic Project in Sweden to Alpha Future FundsOctober 22, 2024 7:30 AM EDT | Source: EMX Royalty Corp.Vancouver, British Columbia--(Newsfile Corp. - October 22, 2024) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce the execution of an exploration and option agreement dated October 16, 2024 for its Gumsberg Project in Sweden to Alpha Future Funds S.C.S, a private Luxembourg ba ...