Empress Royalty CEO Alexandra Woodyer Sherron: Building Our Portfolio with Smart Investments
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#EmpressRoyalty (TSXV:EMPR) recently increased its royalty on the Manica #gold project in Mozambique by adding US$1 million funding after securing a US$15M accordion credit facility from Nebari Natural Resources Credit Fund. Empress Royalty CEO Alexandra Woodyer Sherron says this will allow them to fund more projects and increase revenue.
“We recently announced that we completed a US$15 million accordion facility with Nebari. We've deployed four and a half million US dollars so farro complete Sierra Antapite mine in Peru. We've also deployed and increased our investment in our project in Mozambique, by another million dollars. So we continue to build the portfolio out,” said Woodyer Sherron.
Empress has fully funded the US$10M gold stream agreement by making the final payment of US...