Empress Royalty Corp · TSXV:EMPR
Empress Royalty — Investor Presentation (November 2024)
22 slides from Empress Royalty's investor presentation, November 2024
Slide 1: Corporate Presentation November 2024
TSXV | EMPR OTCQX | EMPYF STRATEGIC APPROACH TO INVESTING IN GOLD & SILVER CORPORATE PRESENTATION NOVEMBER 2024
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS CAUTIONARY NOTE This Presentation contains or incorporates by reference "forward-looking statements" or "forward-looking or results to differ from those expressed or implied by the forward-looking statements. Forward-looking information" within the meaning of applicable Ca
Slide 3: Empress Snapshot
EMPRESS SNAPSHOT HIGH GROWTH GOLD & SILVER INVESTMENT COMPANY 100% Gold & Silver 4 Key Assets US$6M** Revenue Pure gold & silver revenue from Globally diversified portfolio of cash Forecasting over US$6M in 2024 with royalties and streaming investments generating investments historic track record of
Slide 4: The Case for Gold & Silver
THE CASE FOR GOLD & SILVER INVESTING IN SAFE HAVEN ASSETS Wealth Protection and Inflation Hedge Long-standing history as a hedge against inflation, maintaining their intrinsic value when currencies decline. In today’s environment of rising inflation and expansive monetary policies, gold provides a r
Slide 5: Outperforming Gold
OUTPERFORMING GOLD THE POWER OF ROYALTY & STREAM INVESTMENTS SUPERIOR RETURNS TO BOTH GOLD & MINERS ETF *Royalty Index: average of Wheaton Precious Metals, Royal Gold, Franco Nevada & Sandstorm Gold. Source: S&P Global Capital IQ EMPRESS ROYALTY | TSXV:EMPR | OTCQX:EMPYF 05
Slide 6: Royalties & Streams
ROYALTIES & STREAMS WHAT ARE THEY? Royalty Agreement Stream Agreement A royalty agreement is In a streaming agreement, a where a company provides company provides upfront upfront capital to a mining capital to a mining company in company in exchange for a exchange for the right to percentage of futu
Slide 7: Investment Thesis
INVESTMENT THESIS WHY WE CREATED EMPRESS Capitalize on Market Gap Identified a significant gap in the market with lack of competitors creating streaming solutions for mining companies needing capital. By providing bespoke solutions and filing the gap, Empress is positioned to achieve above-average r
Slide 8: Investment Manager
INVESTMENT MANAGER HARNESSING TOP-TIER RESOURCES & EXPERTISE Endeavour Financial Corporation 30+ Years US$900M US$1.3B Established in 1988 Royalty & Stream Finance JV & Strategic Investments 20+ US$28B US$8B International Awards Mergers & Acquisitions Debt Finance Empress has formed a strategic part
Slide 9: Strong Team
STRONG TEAM STRUCTURED MINING FINANCE EXPERIENCE Management Board of Directors & Advisors Alexandra Woodyer Nora Pincus David Rhodes Alexandra Woodyer Jeremy Bond David Laing Sherron VP Corp Development Executive Chair Sherron Technical Advisor CEO Michelle Borthwick Xavier Wenzel Natascha Kiernan P
Slide 10: Investing Criteria
INVESTING CRITERIA PORTFOLIO FOCUS & CRITERIA Location Investment Size Global Focus Up to US$25M Commodities People Gold and Silver Only Strong Management & Operational Teams Asset Stage ESG Producing or Focus on Strong Near-Term Producing Mines Community Programs EMPRESS ROYALTY | TSXV:EMPR | OTCQX
Slide 11: Global Portfolio
GLOBAL PORTFOLIO CORNERSTONE INVESTMENTS Tahuehueto Sierra Antapite US$5M Silver Stream US$10M Gold Stream Mexican Producing Mine Peruvian Producing Mine Galaxy Manica US$5M Gold Stream US$3M Gold Royalty South African Producing Mine Mozambique Producing Mine EMPRESS ROYALTY | TSXV:EMPR | OTCQX:EMPY
Slide 12: Tahuehueto
TAHUEHUETO SILVER STREAM Underground Gold Mine in Mexico Owned by Luca Mining (TSXV: LUCA) Investment Overview Investment Size US$5M Type 100% silver stream Terms 1.25M oz. then 20% for 10 years Investment Highlights Annual Cash Flow US$6.2M Empress's investment was instrumental in completing the co
Slide 13: Antapite
ANTAPITE GOLD STREAM Underground Gold Mine in Peru Owned By Sierra Sun Group (Private) Investment Overview Investment Size US$10M Type 4.5% gold stream Terms 11k oz. then 1% LOM Investment Highlights Annual Cash Flow US$4.9M Empress's investment has enabled Sierra Antapite to expand its production c
Slide 14: Galaxy
GALAXY GOLD STREAM Underground Gold Mine in South Africa Owned by Golconda Gold (TSXV: GG) Investment Overview Investment Size US$5M Type 3.5% gold stream Terms 8k oz. with stepdown Investment Highlights Annual Cash Flow US$2M Empress's investment provided Galaxy with the capital to acquire undergro
Slide 15: Manica
MANICA GOLD ROYALTY Open Pit Gold Mine in Mozambique Owned by MMP (Private) Investment Overview Investment Size US$3.5M Type 3.375% gold royalty Terms 95k oz. then 1.125% LOM Investment Highlights Annual Cash Flow US$1.3M Empress' investment was instrumental in completing the construction of the oxi
Slide 16: The Pipeline
THE PIPELINE FUELING GROWTH & INCREASING DIVERSITY Deal Flow from Strategic Network Leveraging our extensive industry connections, we maintain a pipeline of high-quality investment opportunities. Our network provides Empress with unparalleled access to projects with strong growth potential and immed
Slide 17: Revenue on the Rise
REVENUE ON THE RISE BOOSTED BY SURGING GOLD & SILVER PRICES Potential Revenue Increase From Higher Commodity Prices US$ Millions $25 $20 $15 $10 $5 $0 2021 2022 2023 2024 2025 2026 2027 Projected revenue calculated using management estimates on the four key assets GOLD PRICE SILVER PRICE $2,000/oz $
Slide 18: Uncovering Hidden Value
UNCOVERING HIDDEN VALUE TRADING SIGNIFICANTLY BELOW INDUSTRY AVERAGES PRICE / NET ASSET VALUE¹ PRICE / CASH FLOW (2025E)¹ Trading at a Trading at a 51% discount 60% discount Industry Average = 1.06x Industry Average = 25.24x 0.52x 0.42x 10.11x 6.35x en al la X ko X s a a a . m co gen PM ) rp ) ltu o
Slide 19: Capital Structure
CAPITAL STRUCTURE STRONG SHAREHOLDER BASE Share Information Key Shareholders: Shares Outstanding 118M 25% Endeavour Financial, Terra Capital, 35% Rick Rule, Sprott Asset Management, Warrants, Options, RSUs & DSUs 27M US Global Investors, Stefan Gleason, Fully Diluted 145M and Brien Lundin. Market Ca
Slide 20: Near-Term Catalysts
NEAR-TERM CATALYSTS WHY INVEST NOW? Portfolio Yield and Forward Revenue Trajectory The portfolio is now a strong revenue driver with forward growth supported by disciplined expansion and operational leverage. This strategic positioning enables scalable, sustainable growth aligned with long-term valu
Slide 21: Value Proposition
VALUE PROPOSITION WHY INVEST NOW? Growing Revenue & Expanding Portfolio US$68M* US$78M** Net Asset Value Projected Revenue Over 5 Years Substantially Undervalued Track Record of Doubling Revenue US$35.5M*** Market Capitalization *NAV calculated using Management Price Case with a 5% discount rate inc
Slide 22: Contact Us
CONTACT US Vancouver, Canada +1.604.331.2080 empressroyalty.com @empressroyaltycorp info@empressroyalty.com EmpressRoyaltyCorp Minimal X 22 EMPRESS ROYALTY | TSXV:EMPR | OTCQX:EMPYF 22
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