EMX Sells Generative Enterprise in Nordics for Cash and Future Royalty Interests

Core Viewpoint - EMX Royalty Corporation has announced the sale of its Nordic operational platform to First Nordic Metals Corporation, which is expected to streamline operations and reduce costs while maintaining royalty exposure in the region [1][2]. Strategic Rationale and Long-Term Benefits - The transaction aims to streamline EMX's global operations and reduce administrative costs while retaining upside royalty exposure from partner-funded exploration efforts [2]. - EMX has over 15 years of generative exploration experience in the Nordic countries and will retain a broad portfolio of royalties in the region [2]. - Future royalty interests will be granted to EMX on projects generated by FNM for five years, aligning with EMX's strategic objectives [2]. Commercial Terms - EMX will receive staged payments totaling 3.25 million SEK (approximately US$335,000) over two years, with payments made in equal parts of cash and shares of FNM [3]. - EMX will also receive a 1% net smelter return (NSR) royalty on any new projects generated in Sweden and Finland over the next five years [3]. Company Background - EMX is a precious and base metals royalty company, providing investors with discovery, development, and commodity price optionality while limiting exposure to operational risks [5]. - First Nordic Metals Corp. is a Canadian-based gold exploration company with assets in Sweden and Finland, including the Barsele gold project and the Oijärvi greenstone belt [6].