Empress Royalty Corp.: Empress Funds Silver Stream on the Tahuehueto Project in Mexico /
Empress or the
Company ) is pleased to announce it has funded the initial payment of US$2M of the US$5M silver stream agreement (the Stream ) on the Tahuehueto project in Mexico owned by Telson Mining Corporation (
Telson ).
As announced on April 16, 2021, Empress executed the Stream agreement on production of
100% of the payable silver production from Telson s Tahuehueto for the first 1,250,000 payable ounces, thereafter, the percentage will step-down to 20% of the payable silver production to a maximum of 10 years from first production after which the Stream terminates.
Empress Royalty Corp.: Empress Executes Tahuehueto Silver Stream
E
( Stream ) on the Tahuehueto project in Mexico owned by Telson Mining Corporation (
Telson ). We are excited to be working with Telson and our strategic partners to get this remarkable asset into production,
stated Alexandra Woodyer Sherron, CEO and President of Empress. This transaction demonstrates the unique funding solutions we can provide to our mining company partners and highlights the value of our strategic partnerships. We continue to deliver on our strategy to build a portfolio of near-term producing assets and creating value for our shareholders.
THE INVESTMENT & TRANSACTION
Empress has now executed the US$5M silver stream agreement on production from Telson s Tahuehueto project in Mexico. The US$5M Stream
EMPRESS EXECUTES TAHUEHUETO SILVER STREAM Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) ( Empress or the Company ) is pleased to announce the execution of the US$5M silver stream agreement (the Stream ) on the Tahuehueto project in Mexico owned by Telson Mining Corporation ( Telson ). We are excited to be working with Telson and our strategic partners to get this remarkable asset into production, stated Alexandra Woodyer Sherron, CEO and President of Empress. This transaction demonstrates the unique funding solutions we can provide to our mining company partners and highlights the value of our strategic partnerships. We continue to deliver on our strategy to build a portfolio of near-term producing assets and creating value for our shareholders.