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Aftermath Silver Makes Early US$1.5-million Property Payment to EMX Royalty Corp for Berenguela Project Ag-Cu-Mn, Peru
EMXEMX Royalty (EMX) Newsfile·2025-06-05 12:30

Core Viewpoint - Aftermath Silver Ltd. has made a partial payment of US1.5milliontowardstheacquisitionoftheBerenguelasilvercoppermanganeseprojectinPeru,aheadoftheduedate,whichhasresultedinareducedbalanceowedtoEMXRoyaltyCorp.[3][5]Group1:FinancialTransactionsThecompanyhasanoptiontoacquirea1001.5 million towards the acquisition of the Berenguela silver-copper-manganese project in Peru, ahead of the due date, which has resulted in a reduced balance owed to EMX Royalty Corp. [3][5] Group 1: Financial Transactions - The company has an option to acquire a 100% interest in the Berenguela project through agreements with SSR Mining Inc. and EMX Royalty Corp. [2] - Aftermath Silver's payment obligations total US13 million, with the remaining payments summarized as follows: US3millionpaidonMay15,2025;US3 million paid on May 15, 2025; US1.5 million paid in June 2025; and US1.65milliondueinNovember2026[5][7].AslidingscaleNSRroyaltywillbeappliedtoallmineralproductionfromtheproject,startingat1.01.65 million due in November 2026 [5][7]. - A sliding-scale NSR royalty will be applied to all mineral production from the project, starting at 1.0% when silver prices are up to US25 per ounce, and increasing to 1.25% when silver prices exceed US25andcopperpricesareaboveUS25 and copper prices are above US2 per pound [7]. Group 2: Project Development - The company is focusing on the Berenguela project and expects an updated NI43-101 mineral resource estimate to be completed soon [4]. - Recent drilling in the eastern part of Berenguela intersected 153 meters of mineralization, including 1.12% copper, 290 g/t silver, and 7% manganese [4]. Group 3: Company Background - 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 [9]. - The company has developed a pipeline of projects at various stages of advancement, selected based on growth and development potential [9].