NEWS

RELEASES

February 27, 2025

EMPRESS REPORTS RECORD REVENUE WITH 2024 FINANCIAL RESULTS

Empress Royalty Corp. (TSXV:EMPR | OTCQX:EMPYF) (“Empress Royalty” or the “Company”) announces financial and operating results for the twelve months ended December 31, 2024. All amounts are in US dollars unless otherwise indicated. “I am delighted to announce Empress achieved record revenue of US$8M in 2024,” stated Alexandra Woodyer Sherron, CEO of Empress Royalty. “Revenue for 2024 was 2.2 X higher than the 2023 revenue of US$3.5M. We anticipate further revenue growth in 2025, driven by increased production from our Tahuehueto silver stream and Galaxy gold stream. During

February 13, 2025

EMPRESS ENGAGED IN ADVANCED DISCUSSIONS FOR NEW STREAM OPPORTUNITY

Empress Royalty Corp. (TSXV:EMPR | OTCQX:EMPYF) (“Empress Royalty” or the “Company”) is pleased to announce that it is in advanced discussions for a potential gold and silver stream opportunity (the “Transaction”) on an operating mine located in the United States. “Empress continues to focus on delivering sustainable growth and value for our shareholders,” stated Alexandra Woodyer Sherron, CEO & President. “We are excited to announce that we are in advanced discussions for a new gold and silver stream that will enhance our portfolio and strengthen our position in

February 6, 2025

EMPRESS UPDATE ON TAHUEHUETO SILVER STREAM

Empress Royalty Corp. (TSXV:EMPR | OTCQX:EMPYF) (“Empress Royalty” or the “Company”) is pleased to provide an update on one of its key investments, the Tahuehueto mine owned by Luca Mining Corp. (“Luca”), where Empress has a 100% silver stream (see July 22, 2021 news release). In its press release dated February 5, 2025, Luca announced that commissioning of the Tahuehueto mine is progressing well and nearing completion. The mill is beginning to achieve steady throughput of 1,000 tons per day, a major milestone, with over 24,700 tonnes of ore processed in January, including a planned shutdown for testing and adjustments. As they prepare to transition to commercial production, they are ensuring they have the necessary parts and commodity supply redundancy in place to support long-term operations, with

August 14, 2024

EMPRESS ROYALTY PROVIDES UPDATE ON LUCA MINING AND TAHUEHUETO SILVER STREAM

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. In addition, Luca announced plans for

June 28, 2024

EMPRESS ROYALTY AMENDS ARTICLES TO INCLUDE ADVANCE NOTICE PROVISIONS

Empress Royalty Corp. (TSXV:EMPR | OTCQX:EMPYF) (“Empress” or the “Company”) announces that at its Annual and Special Meeting of Shareholders held on June 26, 2024, the shareholders of the Company approved a special resolution amending the Company’s articles to require that advance notice be given to the Company where nominations of persons for election to the board of directors of the Company (the “Board”) are made by shareholders of the Company. The relevant provisions (the “Advance Notice Provisions”) are contained in new Article 26 of the Company’s articles,

June 4, 2024

EMPRESS ROYALTY ENGAGES ICP SECURITIES INC. FOR AUTOMATED MARKET MAKING SERVICES

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 Premium™, 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. The agreement between the Company and ICP was signed with a start date of June 3, 2024, and is for

May 1, 2024

EMPRESS ROYALTY ANNOUNCES APPOINTMENT OF VICE PRESIDENT INVESTOR RELATIONS

Empress Royalty Corp. (TSXV:EMPR | OTCQX:EMPYF) (“Empress Royalty” or the “Company”) is pleased to announce the appointment of Natasha Frakes as Vice President Investor Relations of the Company. “I am pleased to welcome Natasha Frakes to the Empress team as Vice President Investor Relations, ” stated Alexandra Woodyer Sherron, CEO & President of Empress Royalty. “We are excited to leverage Natasha’s extensive experience in public communications and her proven ability to foster strong relationships with investors while also leading effective marketing programs. Her appointment aligns with our growth strategy

February 27, 2024

EMPRESS ROYALTY CLOSES AND FULLY FUNDS GOLD STREAM ON GALAXY MINE

Empress Royalty Corp. (TSXV:EMPR | OTCQX:EMPYF) (“Empress Royalty” or the “Company”) is pleased to announce it has closed and fully funded the previously announced US$5M gold stream (the “Investment”) on the Galaxy gold mine (“Galaxy”) in South Africa owned by Golconda Gold Ltd. (TSXV:GG | OTCQX:GGOF) (“Golconda”). “The Galaxy investment is our fourth revenue generating asset, immediately accretive to our revenue outlook,” stated Alexandra Woodyer Sherron, CEO & President of Empress Royalty. “This funding facilitates the purchase of underground equipment and development to maximise mill throughput and drive

December 11, 2023

EMPRESS ROYALTY CLOSES US$28.5M ACCORDION CREDIT FACILITY WITH NEBARI GOLD FUND

Empress Royalty Corp. (TSXV:EMPR | OTCQX:EMPYF) (“Empress Royalty” or the “Company”) is pleased to report that it has closed the US$28.5M Accordion Credit Facility (the “Credit Facility”) agreement with Nebari Gold Fund 1, LP and Nebari Natural Resources Credit Fund II, LP (collectively, “Nebari”) as announced on December 5, 2023. The Company’s initial draw of approximately US$3.5M loan (the “Initial Loan”) under the Credit Facility is now funded. In accordance with the terms of the Credit Facility, on drawdown of the Initial Loan the Company issued 3,104,513 common share purchase warrants (the “Bonus Warrants”) to Nebari. Each Bonus Warrant is priced at $0.31 and is

December 5, 2023

EMPRESS ROYALTY EXECUTES US$28.5M ACCORDION CREDIT FACILITY WITH NEBARI GOLD FUND

Empress Royalty Corp. (TSXV:EMPR | OTCQX:EMPYF) (“Empress Royalty” or the “Company”) is pleased to announce that on December 5, 2023, the Company entered into a US$28.5M Accordion Credit Facility (the “Credit Facility”) with Nebari Gold Fund 1, LP and Nebari Natural Resources Credit Fund II, LP (collectively, ”Nebari”). The Credit Facility will replace the existing US$15M facility that the Company currently has in place with Nebari Natural Resources Credit Fund I LP (the “Initial Facility”). The Company expects to initially drawdown approximately US$3.5M (the “Initial Loan”), the proceeds

November 23, 2023

EMPRESS ROYALTY EXECUTES GOLD STREAM ON GALAXY MINE

Empress Royalty Corp. (TSXV:EMPR | OTCQX:EMPYF) (“Empress” or the “Company”) is pleased to announce the execution of an agreement for a US$5M gold stream (the “Investment”) on the Galaxy gold mine (“Galaxy”) in South Africa owned by Golconda Gold Ltd. (TSXV:GG | OTCQX:GGOF) (“Golconda”). “We are excited to provide a gold stream financing to Golconda’s Galaxy mine, which will support Golconda in expanding its production capacity,” stated Alexandra Woodyer Sherron, CEO and President of Empress. “The gold stream on the Galaxy mine will immediately increase Empress’ revenue projections

July 13, 2023

EMPRESS ROYALTY PROVIDES UPDATE ON TAHUEHUETO SILVER STREAM & MANICA GOLD ROYALTY

Empress Royalty Corp. (TSXV:EMPR | OTCQX:EMPYF) (“Empress Royalty” or the “Company”) is pleased to provide an update on its Tahuehueto Silver Stream, Manica Gold Royalty, and pipeline advancements. “It is extremely rewarding to see our investments and mining company partners continue to deliver on milestones, improve operations and production targets,” stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty. “Tahuehueto reaching 500 tpd is a significant accomplishment that not only strengthens our cash-flow but also increases our direct exposure to silver. As they ramp up to full

June 30, 2023

EMPRESS ROYALTY ANNOUNCES APPOINTMENT OF INTERIM CHIEF FINANCIAL OFFICER

Empress Royalty Corp. (TSXV:EMPR | OTCQX:EMPYF) (“Empress Royalty” or the “Company”) is pleased to announce the appointment of Xavier Wenzel, CPA, CA of Fehr & Associates (“F&A”) as Interim Chief Financial Officer of the company. “We are pleased to welcome Xavier Wenzel, as Interim CFO to the company, ” stated Alexandra Woodyer Sherron, President & CEO of Empress Royalty. “His extensive experience in mining finance, and specifically in the royalty industry as CFO of Ely Gold Royalties, will be extremely beneficial in this transitionary period.” Xavier Wenzel began

October 25, 2022

EMPRESS ROYALTY CLOSES PRIVATE PLACEMENT AND WELCOMES NEW STRATEGIC INVESTOR

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) (“Empress” or the “Company”) is pleased to announce that it has now closed the second and final tranche of its non-brokered private placement of units (”Units”) raising an additional US$1M in gross proceeds through the sale of an additional 4,316,666 Units. With the second tranche closing, the Company has raised a total

September 29, 2022

EMPRESS ROYALTY COMPLETES FIRST TRANCHE OF PRIVATE PLACEMENT

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) (“Empress” or the “Company”) is pleased to announce that it has completed the first tranche of its US$2M private placement by the issuance of 4,350,000 units at C$0.30 each for gross proceeds of US$1M with Rick Rule. The final tranche is expected to close shortly. “It is our absolute pleasure to welcome

September 28, 2022

EMPRESS ROYALTY SHAREHOLDERS APPROVE ALL RESOLUTIONS AT ANNUAL GENERAL MEETING

Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) (“Empress” or the “Company”) reports that following the Company’s Annual General and Special Meeting, held on September 28, 2022, Shareholders of the Company voted in favour of management’s director nominees and the re-appointment of the auditors. Following the new share-based compensation policy adopted by the TSX Venture Exchange in November 2022, Shareholders of the Company also voted in favour of the Company’s replacement 10% “rolling” stock option plan (“Option Plan”) and a new equity incentive plan (“Equity Plan”). The Board of Directors

September 27, 2022

EMPRESS ROYALTY UPSIZES PRIVATE PLACEMENT

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) (“Empress” or the “Company”) is pleased to announce that it has upsized its non-brokered private placement of units (“Units”) announced on September 8, 2022 (the “Offering”). The Offering will raise gross proceeds of up to C$2,600,000 which is equivalent to US$2,000,000 using a fixed exchange rate of C$1.30 for each US$1.00. The

September 8, 2022

EMPRESS ROYALTY ANNOUNCES PRIVATE PLACEMENT

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) (“Empress” or the “Company”) is pleased to announce a non-brokered private placement of up to 6,500,000 units (the “Units”) to be sold at a price of C$0.30 per Unit for gross proceeds of up to C$1,950,000 which is equivalent to approximately US$1,500,000 (the “Offering”). Each Unit will be comprised of one common

December 24, 2021

EMPRESS ROYALTY FULLY FUNDS SIERRA ANTAPITE GOLD STREAM & INCREASES REVENUE

Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) (“Empress Royalty” or the “Company”) is pleased to announce it has fully funded the US$10M gold stream agreement (the “Stream”) by making the final payment of US$2.5M of the gold stream agreement on the Sierra Antapite mine in Peru owned by Sierra Sun Group (“Sierra Sun”). “We are excited to fully fund the US$10M gold stream and receive additional revenue from the investment,” stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty. “With the Nebari credit facility, we were able to

December 23, 2021

EMPRESS ROYALTY CLOSES US$15M ACCORDION CREDIT FACILITY WITH NEBARI

Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) (“Empress Royalty” or the “Company”) is pleased to report that, upon the receipt of the TSX Venture Exchange approval, it has now closed the US$15M Accordion Credit Facility (the “Accordion Facility”) agreement with Nebari Natural Resources Credit Fund I LP (“Nebari”) as announced on December 22, 2021. The Company’s initial draw of a US$4.5M loan under the Accordion Facility is now funded. The Company issued 7,500,000 share purchase warrants (the “Warrants”) to Nebari. Each Warrant is exercisable into one common share for

December 22, 2021

EMPRESS ROYALTY SECURES US$15M ACCORDION CREDIT FACILITY WITH NEBARI

Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) (“Empress Royalty” or the “Company”) is pleased to announce that it has executed an agreement with Nebari Natural Resources Credit Fund I LP (“Nebari”) for a US$15M Accordion Credit Facility (the “Accordion Facility”). The Company’s initial draw is a US$4.5M loan (the “Initial Loan”) that is expected to be funded shortly. The Company may apply to Nebari to draw down additional loans as the Company identifies investments it wishes to fund under the Accordion Facility.The proceeds of the Initial Loan will be

November 15, 2021

EMPRESS ROYALTY PROVIDES UPDATE ON INVESTMENT PORTFOLIO

Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) (“Empress Royalty” or the “Company”) is pleased to provide an update on its investment portfolio and mining company partners. “The exciting progress being made at each of our investments demonstrates Empress Royalty’s ability to invest in high quality projects with strong management teams creating long term value for both our shareholders and the shareholders of our mining company partners,” stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty. “These project updates are the catalysts for Empress Royalty to achieve significant shareholder

September 30, 2021

EMPRESS ROYALTY INCREASES GOLD STREAM ON SIERRA ANTAPITE MINE AND SEEKS NEW DEBT PROVIDER

Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) (“Empress Royalty” or the “Company”) is pleased to announce it is funding an additional payment of US$2.5M gold stream agreement (the “Stream”) on the Sierra Antapite producing gold mine in Peru. “The result of increasing the stream from 2.25% to 3.375% of the Sierra Antapite gold production will provide immediate additional revenue into Empress,” stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty. “With the increase in revenue combined with our development stage projects advancing on schedule, we are forecasting significant

December 24, 2020

EMPRESS ROYALTY COMMENCES TRADING ON THE TSXV DECEMBER 29, 2020

Empress Royalty Corp. (“Empress” or the “Company”) is pleased to announce that its common shares will commence trading on the TSX Venture Exchange (“TSXV” or the “Exchange”) at the open of trading on Tuesday, December 29, 2020 under the symbol EMPR. “The commencement of trading on the TSXV is a significant milestone for Empress,” stated Alexandra Woodyer Sherron, CEO and President of Empress. “The listing of our common shares is key in pursuing our goal of building a portfolio of cash and near-term cash producing precious metal investments.

November 25, 2020

EMPRESS ACQUIRES FIRST NEAR-TERM CASH PRODUCING ROYALTY ON CANDELARIA’S MEXICAN PINOS PROJECT

Empress Royalty Corp. (“Empress” or the “Company”) is pleased to announce it has acquired a 1% Net Smelter Return (“NSR”) royalty on production from the Pinos gold and silver project (“Pinos” or “the Project”) owned by Candelaria Mining Corp. (“Candelaria”) (TSXV:CAND). “We are pleased to announce Empress has completed its first near-term cash producing investment with the NSR royalty on Candelaria’s Pinos project in Mexico,” stated Alexandra Woodyer Sherron, CEO and President of Empress. “We are delighted to be part of Candelaria’s transition from developer to producer. This

October 22, 2020

Empress Royalty Private Placement Fully Subscribed

Empress Royalty Corp. (“Empress” or the “Company”) is pleased to announce its fully subscribed private placement for C$8,000,000 from the sale of common shares. Closing will happen next week, and Empress will issue 32,000,000 common shares at an issue price of $0.25 (the “Offering”). “The demand for this Offering exceeded our expectations and allows Empress to execute on two initial near-term cash producing investments located in Mexico,” stated Alexandra Woodyer Sherron, CEO and President of Empress. “We are excited to fund these investments and look forward to advancing

August 25, 2020

Empress Royalty Announces Strategic Alliance with Mexico’s Accendo Banco and Private Placement

Empress Royalty Corp. (“Empress” or the “Company”) is pleased to announce it has entered into a strategic alliance agreement (the “Alliance Agreement”) with Accendo Banco, S.A. (“Accendo”) to collaborate in respect to the acquisition by Empress of royalties and streams and potentially other investments in the Mexican mining sector. Empress currently has an existing portfolio with 13 North American gold royalties and the Alliance is part of the Company’s diversification into Latin America utilizing the strong and well-connected relationship of Accendo. In addition, Empress has strengthened its management

NEWS

RELEASES

EMPRESS REPORTS RECORD REVENUE WITH 2024 FINANCIAL RESULTS

EMPRESS ENGAGED IN ADVANCED DISCUSSIONS FOR NEW STREAM OPPORTUNITY

EMPRESS UPDATE ON TAHUEHUETO SILVER STREAM

EMPRESS ROYALTY PROVIDES UPDATE ON LUCA MINING AND TAHUEHUETO SILVER STREAM

EMPRESS ROYALTY AMENDS ARTICLES TO INCLUDE ADVANCE NOTICE PROVISIONS

EMPRESS ROYALTY ENGAGES ICP SECURITIES INC. FOR AUTOMATED MARKET MAKING SERVICES

EMPRESS ROYALTY ANNOUNCES APPOINTMENT OF VICE PRESIDENT INVESTOR RELATIONS

EMPRESS ROYALTY CLOSES AND FULLY FUNDS GOLD STREAM ON GALAXY MINE

EMPRESS ROYALTY CLOSES US$28.5M ACCORDION CREDIT FACILITY WITH NEBARI GOLD FUND

EMPRESS ROYALTY EXECUTES US$28.5M ACCORDION CREDIT FACILITY WITH NEBARI GOLD FUND

EMPRESS ROYALTY EXECUTES GOLD STREAM ON GALAXY MINE

EMPRESS ROYALTY PROVIDES UPDATE ON TAHUEHUETO SILVER STREAM & MANICA GOLD ROYALTY

EMPRESS ROYALTY ANNOUNCES APPOINTMENT OF INTERIM CHIEF FINANCIAL OFFICER

EMPRESS ROYALTY CLOSES PRIVATE PLACEMENT AND WELCOMES NEW STRATEGIC INVESTOR

EMPRESS ROYALTY COMPLETES FIRST TRANCHE OF PRIVATE PLACEMENT

EMPRESS ROYALTY SHAREHOLDERS APPROVE ALL RESOLUTIONS AT ANNUAL GENERAL MEETING

EMPRESS ROYALTY UPSIZES PRIVATE PLACEMENT

EMPRESS ROYALTY ANNOUNCES PRIVATE PLACEMENT

EMPRESS ROYALTY FULLY FUNDS SIERRA ANTAPITE GOLD STREAM & INCREASES REVENUE

EMPRESS ROYALTY CLOSES US$15M ACCORDION CREDIT FACILITY WITH NEBARI

EMPRESS ROYALTY SECURES US$15M ACCORDION CREDIT FACILITY WITH NEBARI

EMPRESS ROYALTY PROVIDES UPDATE ON INVESTMENT PORTFOLIO

EMPRESS ROYALTY INCREASES GOLD STREAM ON SIERRA ANTAPITE MINE AND SEEKS NEW DEBT PROVIDER

EMPRESS ROYALTY COMMENCES TRADING ON THE TSXV DECEMBER 29, 2020

EMPRESS ACQUIRES FIRST NEAR-TERM CASH PRODUCING ROYALTY ON CANDELARIA’S MEXICAN PINOS PROJECT

Empress Royalty Private Placement Fully Subscribed

Empress Royalty Announces Strategic Alliance with Mexico’s Accendo Banco and Private Placement

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