Precious Metals

Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) ("Empress" or the "Company") is pleased to report that Altaley Mining Corp. ("Altaley") has announced that pre-production has commenced at the Tahuehueto mine ("Tahuehueto" or the "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 ("PFS") for Tahuehueto. The PFS indicates an increase in the overall economics of the project

"We would like to congratulate the Altaley team for bringing Tahuehueto into pre-production", stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty. "It is extremely rewarding to see our initial investment moving forward from a development stage asset into a producing mine and we look forward to start receiving revenue from this mine in Q2 2022. The Tahuehueto silver stream is an example of the type of well-structured investments Empress intends to bring into the portfolio, to generate great returns for our shareholders."

Please see Altaley's website (www.altaleymining.com) for further details.

ABOUT Empress Royalty Corp.

Empress is a global royalty and streaming creation company that provides investors a diversified portfolio of gold and silver investments. Since listing in December 2020, Empress has built a portfolio of 17 precious metal investments and is actively investing in mining companies with development and production stage projects who require additional non-dilutive capital. The Company has strategic partnerships with Endeavour Financial and Terra Capital which allow Empress to not only access global investment opportunities but also bring unique mining finance expertise, deal structuring and access to capital markets. Empress is looking forward to continuously creating value for its shareholders through the proven royalty and streaming models.

ON BEHALF OF Empress Royalty Corp.

Per: Alexandra Woodyer Sherron, CEO and President

For further information, please visit our website at www.empressroyalty.com or contact Kaitlin Taylor, Investor Communications, by email at info@empressroyalty.com or by phone at +1.604.331.2080.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains statements about Empress' expectations regarding the economics of the Tahuehueto mine which are forward-looking in nature and, as a result, are subject to certain risks and uncertainties. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "believes", "anticipates", "aims to", "plans to" or "intends to" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Although Empress believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include the timing and success in Altaley completing the successful commissioning of the plant and bringing the Tahuehueto project into production to result in the receipt of stream revenue to Empress. The forward-looking statements contained in this news release are made as of the date hereof, and Empress undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law. Readers should not place undue reliance on forward-looking statements or information.

SOURCE:Empress Royalty Corp.



View source version on accesswire.com:
https://www.accesswire.com/701677/Empress-Royaltys-Tahuehueto-Silver-Stream-Initiates-Pre-Production

News Provided by ACCESSWIRE via QuoteMedia

EMPR:CA
empress royalty corp

Empress Royalty


Keep reading...Show less
Empress Royalty Announces Pre-Production at Manica Gold Mine

Empress Royalty Announces Pre-Production at Manica Gold Mine

Empress Royalty Corp. (TSXV:EMPR)( OTCQB:EMPYF) ("Empress" or the "Company") is pleased to announce that pre-production has commenced at the Manica Gold Mine ("Manica" or the "Mine"). The Company owns a 3.375% royalty on Manica, which is located in Mozambique and operated by Mutapa Mining & Processing LDA ("MMP

"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 President of Empress Royalty. "The Manica Gold Mine is our second development asset reaching pre-production and demonstrates our team's ability to make strategic investments that create significant returns and value for our shareholders."

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Empress Royalty Strengthens Management and Appoints New Chief Financial Officer

Empress Royalty Strengthens Management and Appoints New Chief Financial Officer

Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) ("Empress" or the "Company") 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 and rapid growth plans. I look forward to working closely with her and the rest of our team as we take Empress to the next level."

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Empress Royalty Appoints ESG Advisor

Empress Royalty Appoints ESG Advisor

Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) ("Empress" or the "Company") 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 company, we have the opportunity to make a difference in both how we invest our capital and how we operate as a corporation. We look forward to enhancing our ESG policies and practices to ensure we are creating value for our shareholders, our mining company partners and the local communities in which we invest."

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Empress Royalty Increases Gold Royalty On Manica Project

Empress Royalty Increases Gold Royalty On Manica Project

Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) ("Empress" or the "Company") is pleased to announce it has increased its royalty on the Manica gold project in Mozambique ("Manica" or the "Project") by providing an additional US$1M in funding, resulting in a total royalty of 3.375% (the "Royalty

"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 Sherron, CEO and President of Empress Royalty. "We believe Empress is positioned for rapid growth and increased shareholder value in the coming year."

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Empress Royalty Fully Funds Sierra Antapite Gold Stream & Increases Revenue

Empress Royalty Fully Funds Sierra Antapite Gold Stream & Increases Revenue

Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) ("Empress Royalty" or the "Company") is pleased to announce it has fully funded the US$10M gold stream agreement (the "Stream") by making the final payment of US$2.5M of the gold stream agreement on the Sierra Antapite mine in Peru owned by Sierra Sun Group ("Sierra Sun

"We are excited to fully fund the US$10M gold stream and receive additional revenue from the investment," stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty. "With the Nebari credit facility, we were able to quickly deploy the capital to allow Sierra Antapite to stay on track for production expansion and to immediately increase Empress' current revenue by 25%. We are looking forward to a strong year ahead with significant revenue and the increased ability to execute on our additional investment opportunities to build the portfolio."

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Results of the Annual General Meeting

Results of the Annual General Meeting

Freegold Ventures Limited (TSX: FVL) (Frankfurt: FR4N) (OTCQX:FGOVF) (" Freegold " or the " Company ") is pleased to provide the results of the 2022 Annual General Meeting of Shareholders held on June 30, 2022 (the " Meeting ") and announces that all matters set out in the Management Information Circular dated May 16, 2022 (the " Circular ") were approved by the shareholders of the Company. A total of 96,220,856 shares were voted representing approximately 28.49% of the outstanding shares of the Company.

Freegold Ventures Limited Logo (CNW Group/Freegold Ventures Limited)

The following nine nominees were elected as directors of Freegold. The detailed results of the vote for the election of directors are set out below:

Nominee

# of Votes
For

% of Votes
For

# of Votes
Withheld

% of Votes
Withheld

Ron Ewing

95,557,011

99.31

663,845

0.69

Kristina Walcott

95,500,536

99.251

720,320

0.749

Alvin Jackson

95,263,691

99.005

957,165

0.995

David Knight

95,588,240

99,343

632,616

0.657

Gary Moore

82,186,891

85.415

14,033,965

14.585

Garnet Dawson

83,083,990

86.347

13,136,866

13.653

Gregory Hanks

95,588,962

99.343

631,894

0.657

Glen Dickson

81,101,224

84.287

15,119,632

15.713

Reagan Glazier

96,161,212

99.938

59,644

0.062

At the Meeting, the Company's shareholders also approved the appointment of Davidson & Company LLP, Chartered Professional Accountants as the auditors of the Company for the ensuing year.

Each of the matters voted upon at the Meeting is discussed in detail in the Circular, which is filed under the Company's profile at www.sedar.com .

About Freegold Ventures Limited

Freegold is a TSX listed company focused on exploration in Alaska and holds through leases the Golden Summit Gold Project, near Fairbanks , as well as the Shorty Creek Copper –Gold Project near Livengood. Drilling remains ongoing at Golden Summit.

Some statements in this news release contain forward-looking information, including without limitation statements as to planned expenditures and exploration programs. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs. See Freegold's Annual Information Form for the year ended December 31st, 2021 filed under Freegold's profile at www.sedar.com for a detailed discussion of the risk factors associated with Freegold's operations.

SOURCE Freegold Ventures Limited

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2022/30/c3703.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Bravada Announces the Extension of the Expiry Date of Certain Common Share Purchase Warrants and Updates Wind Mountain Program

Bravada Announces the Extension of the Expiry Date of Certain Common Share Purchase Warrants and Updates Wind Mountain Program

Bravada Gold Corporation (TSXV: BVA) (FSE: BRTN) (OTCQB: BGAVF) (the "Company" or "Bravada") reports that the Company will be extending the exercise period of a total of 6,434,000 share purchase warrants, all of which are exercisable at $0.12 per share (collectively, the "Warrants"). The Warrants were issued on July 23, 2018, pursuant to a private placement (see news release NR-07-18) and are scheduled to expire on July 23, 2022. The Company proposes to extend the expiry by one (1) year, and accordingly, the new expiry date for the warrants will be July 23, 2023.

All other terms and conditions of the Warrants remain unchanged. The Warrant extension is subject to acceptance by the TSX Venture Exchange.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Snowline Gold Encounters Widespread Mineralization in 340 Metre Step-Out at Its Valley Zone and Mobilizes Second Drill

Snowline Gold Encounters Widespread Mineralization in 340 Metre Step-Out at Its Valley Zone and Mobilizes Second Drill

  • Moderate to intense sheeted quartz veins throughout 415 m drill hole at Valley (V-22-007), with 26 instances of trace visible gold noted from 19 m to 388 m depth
  • Hole represents 340 m step-out along strike of system from 2021 discovery drilling
  • Second drill now active at Valley; its first hole (V-22-008) encountered sheeted quartz mineralization 460 m away from nearest drill hole
  • Drilling ongoing, with assay results and full drill core evaluations pending.

Snowline Gold Corp. (CSE:GD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce that it has encountered 415 m of nearly continuous mineralization downhole from bedrock surface in V-22-007 at its Rogue Project's Valley Zone in Canada's Yukon Territory. Hole V-22-007 was a 340 m step-out along-strike to the southeast of 2021 drill hole V-21-003 (which intersected 168.65 m averaging 1.25 gt Au from bedrock surface). A second drill rig mobilized to site and has completed drilling V-22-008, which intersected sheeted quartz veins 460 m from the nearest hole to date, further expanding the footprint of known mineralization at Valley

Snowline Gold Corp., Thursday, June 30, 2022, Press release picture

Snowline Chair and Director Craig Hart comments that "I've seen a lot of rocks and a lot of drill core from many intrusion-related gold systems, but these Valley intersections have the most intense vein densities I've ever seen. There are overprinting vein generations and varying vein orientations which is unusual and further indicates a very robust mineralizing system. To see these vein densities over significant widths is very encouraging. The numerous observations of visible gold and bismuthinite indicate that the system is mineralized, but of course the assay results are required before we get too excited." Dr. Hart is a globally recognized expert in intrusion-related gold systems.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
NEVADA SUNRISE CLOSES $1,500,000 PRIVATE PLACEMENT

NEVADA SUNRISE CLOSES $1,500,000 PRIVATE PLACEMENT

TSX Venture Exchange: NEV

Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSXV: NEV) (OTC: NVSGF) announced today the closing of its fully-subscribed non-brokered private placement first announced on June 8, 2022 and June 16, 2022 of 7,500,000 units (the "Units") at a price of $0.20 per Unit for gross proceeds of $1,500,000 (the "Offering"). Each Unit consists of one common share of the Company (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase an additional common share (a "Warrant Share") at an exercise price of $0.30 per Warrant Share for a period expiring two years following the closing date of the Offering.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
NEXUS GOLD Plans to Spinout Canadian Assets

NEXUS GOLD Plans to Spinout Canadian Assets

(TheNewswire)

Nexus Gold Corp.

Vancouver, Canada TheNewswire - June 28, 2022 Nexus Gold Corp. (" Nexus Gold " or the " Company ") (TSXV:NXS ) ( OTC:NXXGF ) ( FSE:N6E) announces its intent to spinout (the " Spinout ") the Company's existing Canadian projects (collectively, the " Canadian Projects "), which include the McKenzie Gold Project, located in Red Lake, Ontario, and the 13,000-hectare Cyclone Gold-Nickel-Copper project, located in the James Bay region, Quebec.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
TomaGold reports the outcome of its annual meeting

TomaGold reports the outcome of its annual meeting

TomaGold Corporation (TSXV: LOT) (OTCQB: TOGOF) (" TomaGold " or the " Corporation ") is pleased to report the results of its annual general and special meeting of shareholders, which was held today on a hybrid basis. All the nominees listed in the Corporation's management proxy circular dated May 30, 2022, were re-elected as directors.

Shareholders holding 53,106,180 shares, or 33.04% of TomaGold's issued and outstanding shares were present or represented by proxy at the meeting.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×