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MARKETS LIVE BLOG:

STOCKS EYE HIGHER OPEN BUT HEAD FOR LOSING WEEK

Investors assessing impact on consumer, business demand from Fed's hawkish tone

Stocks in play: EMX Royalty Corporation

Baystreet.ca
·1 min read

Announced the execution of an agreement to sell its Adak volcanogenic massive sulfide project and its Åkerberg and Rismyrliden gold projects in Sweden to Copperhead Mineral AB an unlisted public company in Sweden. In return for the transfer of the Projects to Copperhead, the agreement provides EMX with a 9.9% equity interest in Copperhead, annual advance royalty payments, 2.5% Net Smelter Return royalty interests, work commitments, and other considerations. In conjunction with this transaction, Copperhead intends to apply for a public listing of the Company's shares on a multilateral trading facility in Sweden or other appropriate trading facility. EMX Royalty Corporation shares V.EMX are trading down $0.02 at $2.65.

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