Mr. David Cole reports
EMX RECEIVES $6.85M EARLY PAYMENT FROM ABRASILVER AND REPAYS $10M OF LONG-TERM DEBT
EMX Royalty Corp. has received an early final property payment from AbraSilver Resource Corp. totalling $6.85-million (U.S.). This payment, originally due by July 31, 2025, was completed ahead of schedule in exchange for a reduced total obligation from the original $7.0-million (U.S.).
EMX retains a 1-per-cent net smelter return royalty on AbraSilver's Diablillos project, an advanced silver and gold project in Argentina. EMX congratulates AbraSilver on its recent $58.5-million equity financing to accelerate advancement of Diablillos.
EMX will use the proceeds of the early property payment, together with cash on hand, to make a $10-million (U.S.) principal payment toward its senior secured term loan facility due to Franco-Nevada Corp. Following this early principal payment, EMX's total long-term debt outstanding will be reduced from $35-million (U.S.) to $25-million (U.S.).
About EMX Royalty Corp.
EMX is a precious and base metals 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.
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