Vancouver, British Columbia--(Newsfile Corp. - June 14, 2018) - EMX Royalty Corporation (TSXV: EMX) (NYSE
American: EMX) (the "Company" or "EMX") is pleased to
announce that IG Copper LLC ("IGC") advises that a definitive Share Purchase Agreement (the "Agreement") has been executed to sell
the Malmyzh copper-gold porphyry project (the "Project" or "Malmyzh") to a wholly owned subsidiary of Russian Copper Company
("RCC"), a privately held, leading copper producer in the Russian Federation (the "Transaction"). The Malmyzh exploration and
mining licenses, covering properties located in the Russian Far East, are held by IGC (51%) and Freeport-McMoRan Exploration
Corporation (49%). IGC is the operator of the Project, and EMX is IGC's largest shareholder with 42% of the issued and outstanding
shares (39% on a fully diluted basis).
The closing of the Transaction, which is expected to occur in the third quarter of 2018, is contingent on RCC completing
additional due diligence that includes drilling and metallurgical studies, as well as receiving approval from the Russian Federal
Anti-Monopoly Service. In addition, there are certain financial arrangements and closing logistics that need to be completed to
effect the Transaction. There can be no assurance that these conditions precedent will be satisfied, or that the Transaction will
be completed. The estimated value of the Transaction to EMX's interest in IGC, net of the financial arrangements, is approximately
US $68 million.
Scotiabank Europe plc ("Scotiabank"), the U.K. subsidiary of The Bank of Nova Scotia, is an advisor to IGC regarding the
Transaction. Scotiabank is a leading financial institution in international banking and markets, with widely recognized expertise
in advisory services for the natural resources and mining sectors.
Please see www.EMXRoyalty.com for more information about the Malmyzh
Project.
About EMX. EMX leverages asset ownership and exploration insight into partnerships that advance our mineral properties,
with EMX receiving pre-production payments and retaining royalty interests. EMX complements its royalty generation initiatives with
royalty acquisitions and strategic investments.
EMX's strategic investment in IGC exemplifies the Company's recognition of an early-stage opportunity with excellent growth
potential. IGC has steadily built value at Malmyzh, while also adding 100% controlled exploration properties to its portfolio.
About IGC. IGC, a privately held company, is led by President and CEO Thomas E. Bowens, and includes key personnel with a
track record of exploration discovery and project development in the Russian Federation.
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For further information contact:
David M. Cole
President and Chief Executive Officer
Phone: (303) 979-6666
Email: Dave@EMXRoyalty.com
Scott Close
Director of Investor Relations
Phone: (303) 973-8585
Email: SClose@EMXRoyalty.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release may contain "forward looking statements" that reflect the Company's current
expectations and projections about its future results. These forward-looking statements may include statements
regarding perceived merit of properties, exploration results and budgets, mineral reserves and
resource estimates, work programs, capital expenditures, timelines, strategic plans, market prices for
precious and base metal, or other statements that are not statements of fact. When used in this news release,
words such as "estimate," "intend," "expect,"
"anticipate," "will", "believe", "potential" and similar
expressions are intended to identify forward-looking statements, which, by their very nature, are not guarantees of the Company's
future operational or financial performance, and are subject to risks and uncertainties and other factors that could cause
the Company's actual results, performance, prospects or opportunities to differ materially from those expressed
in, or implied by, these forward-looking statements. These risks, uncertainties and factors may include, but are not
limited to: unavailability of financing, failure to identify commercially viable mineral reserves, fluctuations in the market
valuation for commodities, difficulties in obtaining required approvals for the development of a mineral project, increased
regulatory compliance costs, expectations of project funding by joint venture partners and other factors.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of
this news release or as of the date otherwise specifically indicated herein. Due to risks and uncertainties, including the risks
and uncertainties identified in this news release, and other risk factors and forward-looking statements listed in the Company's
MD&A for the three month period that ended on March 31, 2018
(the "MD&A"), and the most recently filed Form 20-F for the year ended December 31,
2017, actual events may differ materially from current expectations. More information about the
Company, including the MD&A, the 20-F and financial statements of the Company, is available on SEDAR at www.sedar.com and on the SEC's EDGAR website at www.sec.gov.
