The
Empress is primarily a creator of new gold and silver mining royalties and streams, with a focus on financing smaller projects while leveraging the expertise and resources of its partner Endeavour Financial, a global mining finance advisory firm.
Empress' portfolio currently holds three producing assets, including two streams and one royalty, one development stage royalty, and 10 exploration stage royalties. Empress has forecast
We look for undervalued royalty companies with low overhead, experienced management teams, and an emphasis on generating near-term cash flows,' said
We believe Empress has identified a sub-sector that has scant access to royalty financing, and the Empress team has the expertise to underwrite these high-yield opportunities along with the commitment to conduct the due diligence needed.
At Money Metals, we have seen a dramatic increase in retail demand for physical gold and silver in recent months as more Americans awaken to the risks of inflation, bank failures, and recession. We expect this buying intensity eventually to spread to the mining shares, fueling outsized gains in select royalty companies.
'The royalty model is ideally positioned for an inflationary environment. Metals prices tend to rise, yet the royalty holder is insulated from the downside of higher operating and capital costs at the underlying mines.
For all these reasons, we are excited to expand our exposure to mining royalties through this strategic investment in Empress, and we will keep our eyes open for opportunities to assist the company over time,' Gleason concluded.
Contact:
Tel: 208-577-2230
This release includes certain statements that may be deemed 'forward-looking statements.' All statements in this release, other than statements of historical facts, that address anticipated future events are forward-looking statements. Although the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements.
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