Business
Empress Royalty's Tahuehueto Silver Stream Initiates Pre-Production
VANCOUVER, BC / ACCESSWIRE / May 17, 2022 / Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) ...
About this update from Empress Royalty Corp
[{"type":"text","content":"Empress Royalty's Tahuehueto Silver Stream Initiates Pre-ProductionVANCOUVER, BC / ACCESSWIRE / May 17, 2022 / Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) (\"Empress\" or the \"Company\") is pleased to report that Altaley Mining Corp. (\"Altaley\") has announced that pre-production has commenced at the Tahuehueto mine (\"Tahuehueto\" or the \"Mine\") where Empress holds a 100% silver stream. Altaley is the owner and operator of the mine and recently filed an updated technical report, including a Preliminary Feasibility Study (\"PFS\") for Tahuehueto. The PFS indicates an increase in the overall economics of the project.\"We would like to congratulate the Altaley team for bringing Tahuehueto into pre-production\", stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty. \"It is extremely rewarding to see our initial investment moving forward from a development stage asset into a producing mine and we look forward to start receiving revenue from this mine in Q2 2022. The Tahuehueto silver stream is an example of the type of well-structured investments Empress intends to bring into the portfolio, to generate great returns for our shareholders.\"Please see Altaley's website (www.altaleymining.com) for further details.ABOUT EMPRESS ROYALTY CORP.Empress is a global royalty and streaming creation company that provides investors a diversified portfolio of gold and silver investments. Since listing in December 2020, Empress has built a portfolio of 17 precious metal investments and is actively investing in mining companies with development and production stage projects who require additional non-dilutive capital. The Company has strategic partnerships with Endeavour Financial and Terra Capital which allow Empress to not only access global investment opportunities but also bring unique mining finance expertise, deal structuring and access to capital markets. Empress is looking forward to continuously creating value for its shareholders through the proven royalty and streaming models.ON BEHALF OF EMPRESS ROYALTY CORP.Per: Alexandra Woodyer Sherron, CEO and PresidentFor further information, please visit our website at www.empressroyalty.com or contact Kaitlin Taylor, Investor Communications, by email at [email protected] or by phone at +1.604.331.2080.Neither TSX Venture Exchange nor its Regulation Services Provider ...