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Empress Royalty Corp. (TSX-V:EMPR) (OTCQX:EMPYF) announces financial and operating results for the twelve months ended December 31, 2024. All amounts are in US dollars unless otherwise indicated.
“I am delighted to announce Empress achieved record revenue of US$8M in 2024,” stated Alexandra Woodyer Sherron, CEO of Empress Royalty. “Revenue for 2024 was 2.2 X higher than the 2023 revenue of US$3.5M. We anticipate further revenue growth in 2025, driven by increased production from our Tahuehueto silver stream and Galaxy gold stream. During 2024, Empress generated positive operational cashflow of US$3.5M. We successfully achieved the initial phase of our vision, which is to generate substantial revenue from our existing investments and attain positive cashflow with minimal shareholder dilution. Empress remains committed to building an attractive gold and silver investment company with significant growth potential, not only through our current portfolio but also through new strategic investments.”
The financial statements have been filed on Sedar+ at www.sedarplus.ca and are available on our website at www.empressroyalty.com.
ABOUT EMPRESS ROYALTY CORP.
Empress is a global royalty and streaming creation company providing investors with a diversified portfolio of gold and silver investments. Empress has built a portfolio of 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.
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