VANCOUVER, BC / ACCESSWIRE / August 14, 2024 / Empress Royalty Corp. (TSXV:EMPR)(OTCQX:EMPYF) ("Empress Royalty" or the "Company") is pleased to provide an update on one of its investments, the Tahuehueto mine owned by Luca Mining Corp. ("Luca"), where Empress has a 100% silver stream (see July 22, 2021 news release). Luca recently announced that it has completed construction at Tahuehueto, which is located in Durango, Mexico, and expects production capacity to nearly double from approximately 450 tonnes per day (tpd) to approximately 800 tpd in the coming weeks.
VANCOUVER, BC / ACCESSWIRE / June 4, 2024 / Empress Royalty Corp. (TSXV:EMPR)(OTCQX:EMPYF) ("Empress Royalty" or the "Company") is pleased to announce that it has engaged the services of ICP Securities Inc. ("ICP") to provide automated market making services, including use of its proprietary algorithm, ICP Premiumâ„¢, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes.
| Metals & Mining Industry | Materials Sector | Alexandra Woodyer Sherron CEO | XDUS Exchange | CA2924541055 ISIN |
| CA Country | 3 Employees | - Last Dividend | - Last Split | - IPO Date |
Empress Royalty Corp. is a burgeoning entity in the mining sector, focusing on the acquisition of royalty and streaming interests in mines and mining projects that primarily deal with precious metals. Founded in 2020 and headquartered in Vancouver, Canada, the company sets its sights on partnerships with small to mid-tier producing or development stage mining entities. Empress Royalty Corp.'s business model revolves around securing financing agreements that provide it with a percentage of future production revenues, aligning its growth with the success of its partners and projects.
This involves a royalty agreement specific to the Manica gold mining project. Empress Royalty Corp. benefits from a portion of the revenue generated from the gold produced at the Manica mine, reflecting its investment and support in the project's development and operational phase.
Similar to the Manica project, this royalty interest pertains to the Pinos gold and silver mining project. By investing in the project, Empress Royalty Corp. is entitled to a share of the revenue from the metals extracted, which provides a diversified income stream and supports the company's growth in the precious metals sector.
This component of Empress Royalty Corp.'s portfolio includes royalty interests in various exploration stage projects within Canada. These royalties are strategic investments in the early-stage exploration of potential gold, silver, and other precious metal mines, offering future revenue potential and exposure to the exploration sector's upsides.