Emx royalty announces closing of its previously announced credit agreement for a $35 million loan with franco-nevada corporation

Vancouver, british columbia--(newsfile corp. - august 9, 2024) - emx royalty corporation (nyse american: emx) (tsxv: emx) (fse: 6e9) (the "company" or "emx") is pleased to announce that it has completed the closing and drawn down the $35 million loan (the "loan") contemplated in the credit agreement (the "credit agreement") between the company, its subsidiary, emx chile spa ("emx chile"), and a wholly-owned subsidiary (the "lender") of franco-nevada corporation ("franco-nevada") (nyse and tsx:fnv), which was previously announced in the company's news release dated june 20, 2024. the company used the proceeds of the loan to repay the $34.42 million outstanding balance of the loan owed to a fund managed by sprott resource lending corp. ("sprott"), to pay the lender a commitment fee equal to 1% of the principal amount of the loan and for general working capital purposes.
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