Business
Empress Announces Listing of Warrants
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED S...
About this update from Empress Royalty Corp
[{"type":"text","content":"Empress Announces Listing of WarrantsNOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, BC / ACCESSWIRE / March 29, 2021 / Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) (\"Empress\" or the \"Company\")is pleased to announce that the TSX Venture Exchange (\"TSXV\") has accepted for listing up to 17,250,000 common share purchase warrants of the Company (the \"Warrants\"). The Warrants will be listed for trading on the TSXV under the symbol \"EMPR.WT\" effective at market open on March 30, 2021.A total of 15,752,500 Warrants are presently issued and outstanding, and were issued pursuant to a prospectus offering of 31,505,000 units (including a partial exercise of the underwriters' over-allotment option), which closed on March 25, 2021. The underwriters have 30 days from closing to exercise the remaining portion of the over-allotment option. An additional 1,497,500 Warrants may be issued if the underwriters exercise the over-allotment option in full.Each Warrant entitles the holder thereof to acquire one common share of the Company at an exercise price of C$0.75 until March 25, 2023. The Warrants were issued pursuant to, and are governed by, the terms of a warrant indenture dated March 25, 2021 between the Company and Computershare Trust Company of Canada, as warrant agent, a copy of which is available under the Company's SEDAR profile at www.sedar.com.The securities have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.ABOUT EMPRESS ROYALTY CORP.Empress is a new precious metals royalty and streaming company focused on the creation of unique financing solutions for mining companies. Empress has a portfolio of 15 investments and is actively focused on finding i...