Emx royalty announces that it has entered into credit agreement for a $35 million loan with franco-nevada corporation

Vancouver, british columbia--(newsfile corp. - june 20, 2024) - emx royalty corporation (nyse american: emx) (tsxv: emx) (fse: 6e9) (the "company" or "emx") is pleased to announce it has entered into a credit agreement (the "credit agreement") with a wholly-owned subsidiary (the "lender") of franco-nevada corporation (nyse: fnv) (tsx: fnv) ("franco-nevada") to borrow $35 million (the "loan"). the company will use the proceeds of the loan to repay the $34.66 million outstanding balance of the loan owed to sprott private resource lending ii (collector), lp ("sprott") and for general working capital purposes.
EMX Ratings Summary
EMX Quant Ranking