EMX Executes Agreement to Sell Råna Battery Metal Project in Norway to Kingsrose Mining
https://www.newsfilecorp.com/release/157264
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2023) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce the execution of an agreement to sell its Råna battery metal project in Norway (the "Project") (see Figure 1) to Kingsrose Mining Limited, a publicly traded ASX-listed company. The agreement provides EMX with cash payments and work commitments during a one-year option period, and upon exercise of the option, EMX will receive additional work commitments, advance royalty payments, milestone payments and a 2.5% NSR royalty.
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Figure 1: Project Location Map
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[Blockierte Grafik: https://images.newsfilecorp.com/files/1508/157264_901fd7910403da29_003.jpg]
Figure 2: Råna Project Geologic Map