Mr. David Cole reports
EMX ANNOUNCES ACQUISITION OF ADDITIONAL 1% NSR ROYALTY ON THE CHAPI COPPER MINE PROPERTY IN PERU
EMX Royalty Corp. has, pursuant to a royalty agreement announced on Jan. 6, 2025, with Minera Pampa de Cobre SAC (MPC), acquired the additional 1-per-cent net smelter return (NSR) royalty interest on the Chapi copper mine property for $7-million (U.S.). MPC is owned indirectly by a privately held Canadian company, Quilla Resources Inc.
EMX now holds a 2-per-cent NSR royalty on the Chapi copper mine property for a total consideration of $10-million (U.S.). The agreement includes a 2-per-cent NSR royalty on minerals produced from the approximately 26,000-hectare property owned by MPC as well as a 2-per-cent NSR royalty from any minerals that are produced from outside the property royalty area but that are processed at the Chapi mine processing facilities. The agreement also includes a two-kilometre area of interest (AOI) around the property royalty area, and any property acquired by MPC within this AOI will also be subject to a 2-per-cent NSR royalty.
For more information on the royalty agreement and the Chapi copper mine property, please refer to the company's news release published on Jan. 6, 2025.
About EMX Royalty Corp.
EMX is a precious metal and base metal royalty company. EMX's investors are provided with discovery, development and commodity price optionality while limiting exposure to risks inherent to operating companies. The company's common shares are listed on the NYSE American Exchange and TSX Venture Exchange under the symbol EMX.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.