TSXV:EMPR - Post Discussion
Post by
Betteryear2 on Aug 05, 2023 9:06am
Miners’ capital access problems are ‘good for the deal flow’
421 views Aug 3, 2023
Empress Royalty's CEO & President, Alexandra Woodyer Sherron, said a lack of liquidity among some gold and silver companies has been good for business. Sherron spoke to Kitco at the Rule Symposium Natural Resource Investing 2023 show held in Boca Raton, Florida. "For us, it is good for the deal flow, there's companies that can't raise the full amount of equity they need to get into production and we're able to fill that gap for them," she said. "When the markets turn positive and it's a precious metal run, there are other companies that maybe are private that want to capitalize on that, so we see it on both sides of the market in terms of our business model." Empress Royalty (TSX-V: EMPR) has three producing assets: a gold stream in Peru, a silver stream in Mexico, and a gold royalty in Mozambique. The rest of its portfolio consists of one gold-silver development project and 10 properties at the exploration stage. Empress is focused on gold and silver opportunities under $25 million, helping mines to get into production or expanding their production capacity. The $19.5 million the company invested into its three producing assets will generate an expected $50 million over the next five years. Rick Rule has come on board as an investor. Kitco Mining's coverage of the Rule Symposium Natural Resource Investing 2023 was sponsored by G Mining Ventures. 0:38 Who is Empress Royalty? 0:57 Revenue-generating assets 1:45 Sub-$25-million market 3:18 Deal flow 4:00 Capital markets 4:41 Consolidation 5:16 Rick Rule investment 6:00 Financials 7:19 Catalysts
Miners’ capital access problems are ‘good for the deal flow’ - Empress Royalty CEO Sherron - YouTube
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