on Gleason & Sons LLC (CVE:EMPR)
Empress Royalty Corp. Completes Acquisition of North American Portfolio
Empress Royalty Corp. has finalized the acquisition of a 14-site net smelter return royalty portfolio from Almadex Minerals Ltd. This transaction enhances Empress's access to diverse mineral assets in Canada, the United States, and Mexico. Following the Royalty Purchase Agreement dated July 9, 2026, Empress adds this portfolio to its cash-generating assets, now supported by established operators such as Alamos Gold and McEwen Inc.
The company holds approximately US$20 million in liquid assets, reinforcing its position to explore further mining investment opportunities. This acquisition is aligned with Empress's strategy to expand exposure to exploration and development assets, ensuring long-term growth potential.
The transaction has secured all necessary approvals, including the TSX Venture Exchange. Details are available on Empress's website. Shares issued to Almadex are restricted for four months post-closing due to Canadian regulations.
R. P.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Gleason & Sons LLC news