Empress Royalty Corp. is pleased to announce it has acquired a 1% NSR royalty on production from the Pinos gold and silver project owned by Candelaria Mining Corp. "We are pleased to announce Empress has completed its first near-term cash producing investment with the NSR royalty on Candelaria's Pinos project in Mexico," stated Alexandra Woodyer Sherron, CEO and President of Empress. "We are delighted to be part of [...]
Empress Royalty Corp. is pleased to announce its fully subscribed private placement for C$8,000,000 from the sale of common shares. Closing will happen next week, and Empress will issue 32,000,000 common shares at an issue price of $0.25. "The demand for this Offering exceeded our expectations and allows Empress to execute on two initial near-term cash producing investments located in Mexico," stated Alexandra Woodyer [...]
Empress Royalty Corp. is pleased to announce it has entered into a strategic alliance agreement with Accendo Banco to collaborate in respect to the acquisitionby Empress of royalties and streams and potentially otherinvestments in the Mexican mining sector. Empress currently has an existing portfolio with 13 North American gold royalties and the Alliance is part of the Company's diversification into Latin America [...]
Empress Resources and Alto Ventures are pleased to announce that their previously announced merger has closed. Effective at the close of business on July 7, 2020 Empress will be delisted from the TSX-V as a result of the Arrangement. Under the Arrangement, Alto acquired all of the issued and outstanding common shares of Empress in exchange for approximately one common share of Alto, in respect of each Empress Share , such [...]
Empress Resources is pleased to announce that securityholders have approved the Company's previously announced plan of arrangement with Alto Ventures Ltd. at the Special Meeting of shareholders and warrantholders held today. Under the Arrangement, Alto will acquire all of the issued and outstanding common shares of Empress in exchange for approximately one common share of Alto, on a pre-consolidation basis, in respect of [...]
Further to the news release of March 6, 2020, Empress Resources is pleased to provide an update on the status and timing of the arrangement to be effected pursuant to the Business Corporations Act involving Empress, Alto Ventures Ltd. and Empress's wholly owned subsidiary, Empress Royalty Corp. Special Meeting of Shareholders and Warrantholders & Interim Order Empress has set the date for the special meeting of its [...]
Empress Resources and Alto Ventures are pleased to announce they have executed a definitive agreement for a business combination which is to be effected pursuant to an arrangement under the Business Corporation Act. Pursuant to the Transaction: Empress will be acquired by Alto, and former Empress shareholders will hold 52% of the issued and outstanding shares of the combined entity. Shares of Empress Royalty Corp., a [...]
Empress Resources and Alto Ventures are pleased to announce they have entered into a non-binding letter agreement for a proposed business combination. Pursuant to the Transaction, Alto will acquire all the issued and outstanding common shares of Empress from their holders on the basis of one common share of Alto being exchanged for each common share of Empress. The combination of Alto and Empress will create a well-funded [...]