Empress Royalty Corp. is pleased to announce that it has now closed the second and final tranche of its non-brokered private placement of units raising an additional US$1M in gross proceeds through the sale of an additional 4,316,666 Units. With the second tranche closing, the Company has raised a total of US$2M which is equivalent to C$2.6M in gross proceeds from the sale of a total of 8,666,666 Units at a price of [...]
Empress Royalty Corp. is pleased to announce that it has completed the first tranche of its US$2M private placement by the issuance of 4,350,000 units at C$0.30 each for gross proceeds of US$1M with Rick Rule. The final tranche is expected to close shortly. "It is our absolute pleasure to welcome Rick Rule as a Strategic Investor in Empress Royalty and we look forward to closing the final tranche of this financing [...]
Empress Royalty Corp. is pleased to announce that it has upsized its non-brokered private placement of units announced on September 8, 2022 . The Offering will raise gross proceeds of up to C$2,600,000 which is equivalent to US$2,000,000 using a fixed exchange rate of C$1.30 for each US$1.00. The Common Shares, Warrants and Warrant Shares will be subject to a resale hold period under Canadian securities laws until four [...]
Empress Royalty Corp. is pleased to announce a non-brokered private placement of up to 6,500,000 units to be sold at a price of C$0.30 per Unit for gross proceeds of up to C$1,950,000 which is equivalent to approximately US$1,500,000 . Each Unit will be comprised of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at a price [...]
Empress Royalty Corp. is pleased to report the Manica gold mine has successfully completed its first gold pour. Empress owns a 3.375% gold royalty on the Manica gold mine located in Mozambique and operated by Mutapa Mining & Processing LDA . "The first gold pour at Manica is very exciting and a further example of Empress delivering on our strategy as another asset reaches production within 15 months of investment. With [...]
Empress Royalty Corp. is pleased to announce the Company has received the first payable silver ounces from the silver stream agreement on the Tahuehueto Mine . Tahuehueto Mine is located in Durango, Mexico, 100% owned and operated by Altaley Mining Corporation . "I am excited to announce Empress has received its first payment of silver ounces from the Tahuehueto mine. It's only been 12 months since the Tahuehueto silver [...]
Empress Royalty Corp. is pleased to announce that pre-production has commenced at the Manica Gold Mine . The Company owns a 3.375% royalty on Manica, which is located in Mozambique and operated by Mutapa Mining & Processing LDA . "Congratulations to the team at MMP for their hard work and dedication in taking Manica from a development stage project into a producing mine," stated Alexandra Woodyer Sherron, CEO and [...]
Empress Royalty Corp. is pleased to report that Altaley Mining Corp. has announced that pre-production has commenced at the Tahuehueto mine where Empress holds a 100% silver stream. Altaley is the owner and operator of the mine and recently filed an updated technical report, including a Preliminary Feasibility Study for Tahuehueto. The PFS indicates an increase in the overall economics of the project. "We would like to [...]
Empress Royalty Corp. is pleased to announce the appointment of Janet Meiklejohn as Chief Financial Officer of the Company. "It gives me great pleasure to welcome Janet to the Empress team as Chief Financial Officer," stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty. "Her appointment is an excellent addition to the executive team, which will further drive the execution of Empress' business strategy [...]
Empress Royalty Corp. is pleased to announce the appointment of Allison Rippin Armstrong as ESG Advisor to the Board. " It gives me great pleasure to announce Allison's appointment as ESG Advisor to the board. She is a humanitarian and trailblazer with global ESG experience that will be invaluable to Empress," stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty . "As a royalty and streaming investment [...]
Empire Petroleum Corporation , an operator of conventional oil and gas properties, today announced the New York Stock Exchange has approved the listing of the Company's common stock to the NYSE American. In connection with the uplisting, the Company's trading ticker will change to "EP". Both changes will be effective at the open of trading on March 8, 2022. Also effective with the uplisting, Empire will reverse split its [...]
Empress Royalty Corp. is pleased to announce it has increased its royalty on the Manica gold project in Mozambique by providing an additional US$1M in funding, resulting in a total royalty of 3.375% . "The Manica project is a great investment for Empress, we are excited to have increased the size of the Royalty and look forward to receiving revenue from Manica in the second quarter of 2022," stated Alexandra Woodyer [...]