EMX Royalty (TSE:EMX) has released an update.
EMX Royalty Corporation has secured a $35 million senior secured term loan from Franco-Nevada Corporation, with plans to use the funds for repaying existing debt to Sprott and for general corporate needs. The favorable loan terms, maturing in 2029, reflect the ongoing partnership between the two companies, including joint ventures and royalty purchases. EMX, a metals royalty company providing investor exposure to metal discovery and development, continues to strengthen its financial position through strategic financing arrangements.
For further insights into TSE:EMX stock, check out TipRanks’ Stock Analysis page.
