SASKATCHEWAN GOVERNMENT SETS LITHIUM PRODUCTION ROYALTY RATE AT 3%

SASKATCHEWAN GOVERNMENT SETS LITHIUM PRODUCTION ROYALTY RATE AT 3%

EMP Metals Corp. (CSE: EMPS,OTC:EMPPF) (OTCQB: EMPPF) ("EMP Metals" or the "Company ") is pleased to announce that amendments proposed to The Subsurface Mineral Royalty Regulations, 2017 have been approved as of September 24, 2025 and accordingly, the provincial royalty rate for lithium production in the province will be fixed at 3%. 1

These amendments officially define a Crown royalty framework for the sale of lithium produced from natural brine aquifers, superseding related provisions contained in any Saskatchewan subsurface mineral lease. The new royalty framework sets a Crown royalty rate of three per cent (3%) of the value of brine mineral sales, with a two-year holiday for new productive capacity. The rate set is consistent with Saskatchewan's Crown royalties for potash, salt and sodium sulphate, while the overall system is competitive with other leading jurisdictions developing lithium from deep natural brine aquifers.

Karl Kottmeier , CEO of EMP Metals, commented, "This is very welcome news. The government of the province of Saskatchewan has once again proven itself to be supportive of lithium production in the province. This is a highly competitive royalty rate internationally and a two-year royalty holiday on new production immediately makes a positive impact on financial modelling of what is already a compelling business case for our Project Aurora lithium production project."

About EMP Metals

EMP is a Canadian-based lithium exploration and development company focused on large-scale resources using direct lithium extraction (DLE). EMP currently holds over 205,000 net acres (83,000 hectares) of Subsurface Dispositions and strategic wellbores in Southern Saskatchewan .

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. EMP Metals cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond EMP Metals' control. Such factors include, among other things: risks and uncertainties relating to EMP Metals' limited operating history, ability to obtain sufficient financing to carry out its exploration and development objectives on its mineral properties, obtaining the necessary permits to carry out its activities and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, EMP Metals undertakes no obligation to publicly update or revise forward-looking information.

The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.

Source:

1 Government of Saskatchewan, online, https://publications.saskatchewan.ca/#/products/127128

SOURCE EMP Metals Corp.

Cision View original content: http://www.newswire.ca/en/releases/archive/October2025/06/c1781.html

News Provided by Canada Newswire via QuoteMedia

EMPS:CNX
The Conversation (0)
EMP Metals

EMP Metals

Focused on Direct Lithium Extraction Brine Lithium Resources in Saskatchewan

Focused on Direct Lithium Extraction Brine Lithium Resources in Saskatchewan Keep Reading...
Juggernaut Receives 5 Year Drill Permit For 100% Controlled Big One Property, Golden Triangle, B.C.

Juggernaut Receives 5 Year Drill Permit For 100% Controlled Big One Property, Golden Triangle, B.C.

(TheNewswire) Vancouver, British Columbia TheNewswire - November 17, 2025 Juggernaut Exploration Ltd (JUGR.V) (OTCPK: JUGRF) (FSE: 4JE) ( the "Company" or "Juggernaut") is pleased to report that it has received a 5 year drill permit for the 100 % controlled Big One property (the "Property"),... Keep Reading...
Noble Minerals Acquires a Rare Earth Property in the vicinity of the Montviel Rare Earth Resource, Quebec, Canada

Noble Minerals Acquires a Rare Earth Property in the vicinity of the Montviel Rare Earth Resource, Quebec, Canada

(TheNewswire) Toronto, Ontario TheNewswire - November 17, 2025 Noble Mineral Exploration Inc. ( "Noble" or the "Company" ) (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) is pleased to announce the acquisition through map staking in the vicinity of a rare earth element ("REE") enriched system on its... Keep Reading...
Western Copper and Gold Welcomes Referral of Northwest Critical Conservation Corridor to Major Projects Office

Western Copper and Gold Welcomes Referral of Northwest Critical Conservation Corridor to Major Projects Office

western copper and gold corporation (TSX: WRN) (NYSE American: WRN) ("Western" or the "Company") welcomes the announcement by Prime Minister Carney referring the Northwest Critical Conservation Corridor including the proposed Yukon-B.C. Grid Connect to the Major Projects Office ("MPO") to... Keep Reading...
Western Copper and Gold Strengthens Board with Appointment of Mark E. Smith

Western Copper and Gold Strengthens Board with Appointment of Mark E. Smith

western copper and gold corporation (TSX: WRN) (NYSE American: WRN) ("Western" or the "Company") is pleased to announce the appointment of Mark E. Smith, P.E., P.Eng., to its Board of Directors (the "Board").Mr. Smith is a professional engineer with over 45 years of global mining experience. He... Keep Reading...
Emerita Resources (TSXV:EMO)

Emerita Intersects 9.6 Meters Grading 2.7% Copper, 1.85 g/t Gold and 6.9 Meters Grading 1.4% Copper, 1.85 g/t Gold at El Cura Deposit

Emerita Resources Corp. (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) (the "Company" or "Emerita") is pleased to provide an update on recent drill results from its El Cura deposit delineation drilling program. The Company continues to intersect excellent grades of copper-gold rich mineralization and... Keep Reading...
Copper Quest to Acquire Past-Producing Alpine Gold Mine

Copper Quest to Acquire Past-Producing Alpine Gold Mine

Copper Quest Exploration Inc. (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) (" Copper Quest " or the " Company ") is pleased to announce that it has entered into an arms-length Option to Purchase Agreement (the " Agreement ") dated November 7th, 2025 with 0847114 B.C. Ltd. (" Privco "), a British Columbia... Keep Reading...

Latest Press Releases

Related News