RCS - Empress Royalty Corp - Empress Royalty Announces Pre-Production at Manica

Empress RoyaltyAnnouncement

13/06/2022 12:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220613:nRSM5609Oa&default-theme=true

RNS Number : 5609O  Empress Royalty Corp.  13 June 2022

NEWS RELEASE | JUNE 13, 2022 | VANCOUVER, BC

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."

ABOUT EMPRESS ROYALTY CORP.

Empress is a global royalty and streaming creation company providing investors
with 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
(http://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. Certain
information contained herein constitutes forward-looking information or
statements under applicable securities legislation and rules. All statements,
other than statements of historical fact, are forward-looking statements.
Forward-looking statements are frequently identified by such words as may,
will, plan, expect, anticipate, estimate, intend, indicate, scheduled, target,
goal, potential, subject, efforts, option and similar words, or the negative
connotations thereof, referring to future events and results. Forward looking
statements in this press release include, but are not limited to, statements
related to the implementation of Empress' investment game plan and the
anticipated returns on its investments. Forward-looking statements are based
on the opinions and estimates of management as of the date such statements are
made and are subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or
achievements of Empress to be materially different from those expressed or
implied by such forward-looking statements, including, but not limited to the
risks and uncertainties identified in Empress' most recent Annual Information
Form filed on the Company's profile on SEDAR at www.sedar.com. Although
management of Empress has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause results not
to be as anticipated, estimated or intended. There can be no assurance that
such statements will prove to be accurate.  Readers should not place undue
reliance on forward-looking statements. Empress will not update any
forward-looking statements except as required by applicable securities laws.
Empress caution readers not to place undue reliance on these forward-looking
statements and it does not undertake any obligation to revise and disseminate
forward-looking statements to reflect events or circumstances after the date
hereof, or to reflect the occurrence of or non-occurrence of any events.

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAFTMLTMTBBBIT