<SEC-DOCUMENT>0001062993-18-004859.txt : 20181130
<SEC-HEADER>0001062993-18-004859.hdr.sgml : 20181130
<ACCEPTANCE-DATETIME>20181130071241
ACCESSION NUMBER:		0001062993-18-004859
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20180208
FILED AS OF DATE:		20181130
DATE AS OF CHANGE:		20181130

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EMX Royalty Corp
		CENTRAL INDEX KEY:			0001285786
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35404
		FILM NUMBER:		181209863

	BUSINESS ADDRESS:	
		STREET 1:		SUITE 501-543 GRANVILLE STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 1X8
		BUSINESS PHONE:		604-688-6390

	MAIL ADDRESS:	
		STREET 1:		SUITE 501-543 GRANVILLE STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 1X8

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EMX ROYALTY Corp
		DATE OF NAME CHANGE:	20170719

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EURASIAN MINERALS INC
		DATE OF NAME CHANGE:	20040401
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>form6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML>
<HEAD>
   <TITLE>EMX Royalty Corp.: Form 6-K - Filed by newsfilecorp.com</TITLE>
</HEAD>
<BODY style="font-size:10pt;">
<HR noshade align="center" width=100% size=3 color="black">
<A name=page_1></A>
<P align=center><B><FONT size=5>UNITED STATES </FONT><BR></B><B><FONT
size=5>SECURITIES AND EXCHANGE COMMISSION </FONT></B><BR><B>Washington, D.C.
20549 </B></P>
<P align=center><B><FONT size=5>FORM 6-K </FONT></B></P>
<P align=center><B>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 <BR>UNDER THE SECURITIES EXCHANGE ACT OF 1934 </B></P>
<P align=center>For the month of <strong>November, 2018</strong></P>
<P align=center>Commission File Number: <U><B>001-35404 </B></U></P>
<P align=center><B><FONT size=5><U>EMX ROYALTY CORPORATION</U></FONT><BR></B>(Translation of registrant&#146;s name into English) </P>
<P align=center><b>Suite 501 - 543 Granville Street <br>
Vancouver BC&nbsp; V6C 1X8 <BR>
<U>Canada </U></b><B><U><BR></U></B>(Address of principal
executive offices)</P>
<P align=center>Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F. </P>
<P align=center>[X] Form 20-F&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[&nbsp;&nbsp;&nbsp;]
Form 40-F</P>
<P align=center>Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [&nbsp;&nbsp;&nbsp;]
</P>
<P align=center>Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [&nbsp;&nbsp;&nbsp;]
</P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<!--$$/page=--><A name=page_2></A>
<P align=center><B><U>SUBMITTED HEREWITH</U></B></P>
<P align=justify><B><U>Exhibits:</U></B></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%" bgColor=#eeeeee><a href="exhibit99-1.htm">99.1 </a></TD>
    <TD bgColor=#eeeeee>
  <P align=justify><a href="exhibit99-1.htm">News Release dated November 30, 2018</a></P></TD></TR></TABLE>
<BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<!--$$/page=--><A name=page_3></A>
<P align=center><B>SIGNATURES </B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of
the Securities Exchange Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned, thereunto duly authorized. </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="50%" align=left >&nbsp; </TD>
  <TD align=left colSpan=2><B>EURASIAN MINERALS INC.</B> </TD>
  </TR>
  <TR>
    <TD width="50%" align=left >&nbsp;</TD>
  <TD align=left colSpan=2>&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="50%" align=left >&nbsp; </TD>
  <TD align=left colSpan=2>(Registrant) </TD>
  </TR>
  <TR>
    <TD width="50%" align=left >&nbsp;</TD>
  <TD align=left colSpan=2>&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD width="50%" align=left >Date: November 30, 2018</TD>
    <TD align=left width="8%">By: </TD>
    <TD width="42%" align=left style="BORDER-BOTTOM: #000000 1px solid">/s/
    Christina Cepeliauskas </TD>
  </TR>
  <TR>
    <TD width="50%" align=left >&nbsp;</TD>
    <TD align=left width="8%">&nbsp;</TD>
    <TD align=left width="42%">&nbsp; </TD>
  </TR>
  <TR vAlign=top>
    <TD width="50%" align=left >&nbsp; </TD>
    <TD align=left width="8%">Name: </TD>
    <TD align=left width="42%">Christina Cepeliauskas </TD>
  </TR>
  <TR vAlign=top>
    <TD width="50%" align=left >&nbsp; </TD>
    <TD align=left width="8%">Title: </TD>
    <TD align=left width="42%">Chief Financial Officer</TD>
  </TR></TABLE><BR>
<HR align=center width="100%" color=black noShade SIZE=5>
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
   <TITLE>EMX Royalty Corporation.: Exhibit 99.1 - Filed by newsfilecorp.com</TITLE>
   <META name="HandheldFriendly" content="true">
</HEAD>

<BODY style="font-size:10pt;">

<HR noshade align="center" width=100% size=3 color="black">
<!--$$/page=--><A name=page_1></A>
<P align=center><IMG src="exhibit99-1x1x1.jpg" border=0> </P>
<P align=center><B><U>NEWS RELEASE</U></B><B> </B></P>
<P align=center><B>EMX Royalty Provides Additional Disclosure on Discretionary
Bonuses </B></P>
<P align=justify><B>Vancouver, British Columbia, November 30, 2018 (TSX Venture:
EMX; NYSE American: EMX)</B> <B>&#150; EMX Royalty Corporation (the &#147;Company&#148; or
&#147;EMX&#148;)</B> provides additional disclosure regarding the US$3.8 million in
bonuses announced in its asset portfolio and corporate update on November 28,
2018. This additional disclosure includes a summary of the rationale, approval
process, recipients, and allocations related to the bonus.</P>
<P align=justify><B>Bonus Rationale </B></P>
<P align=justify>The Board awarded the bonuses to EMX&#146;s management and staff in
respect of their seven years of effort to monetize the Company&#146;s investment in
IG Copper LLC (&#147;IGC&#148;). Their efforts included:</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%">(1) </TD>
    <TD>
      <P align=justify>identification of the investment opportunity;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(2) </TD>
    <TD>
      <P align=justify>providing significant technical oversight towards the
      discovery of a world class copper deposit at Malmyzh;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(3) </TD>
    <TD>
      <P align=justify>raising the capital necessary to advance Malmyzh despite
      challenging markets and jurisdictional risks;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(4) </TD>
    <TD>
      <P align=justify>coordinating the sales effort for Malmyzh over a period
      of several years;</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(5) </TD>
    <TD>
      <P align=justify>managing an exit with Freeport, including arranging an
      US$18.5 million bridge loan, which led to a greater return for all of
      IGC&#146;s shareholders, not the least of which was EMX 40% shareholding;
      and</P></TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%">(6) </TD>
    <TD>
      <P align=justify>assisting IGC with the successful sale of Malmyzh to a
      wholly owned subsidiary of Russian Copper Company (&#147;RCC&#148;) in October for
      US$200 million.</P></TD></TR></TABLE>
<P align=justify>The transaction with RCC took 10 months to complete and
required numerous complicated steps, including obtaining approval from the
Russian Federal Anti-Monopoly Service. The successful outcome was due, in large
part, to the significant efforts of EMX&#146;s team, IGC's team, and IGC&#146;s advisors,
Scotia Bank Europe plc and the London office of Norton Rose Fulbright LLP. In
the opinion of EMX&#146;s Board of Directors, this was sound and proper rationale for
the bonuses paid.</P>
<P align=justify><B>Bonus Approval Process </B></P>
<P align=justify>Prior to the Malmyzh sales transaction, EMX&#146;s management had
developed a bonus plan for strategic investments whereby 7.5% of the after-tax
profits of an individual investment could be paid as a bonus to EMX&#146;s management
and staff. As part of the bonus calculation, the Company&#146;s cost basis was
increased annually by 10% to reflect the time value of the investment.</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=center><B><I>Suite 501 &#150; 543 Granville Street, Vancouver,
      British Columbia V6C 1X8, Canada</I></B> </TD></TR>
  <TR vAlign=bottom>
    <TD align=center><B><I>Tel: (604) 688-6390 Fax: (604) 688-1157</I></B>
  </TD></TR>
  <TR vAlign=bottom>
    <TD align=center><B><I><U>www.EMXroyalty.com</U></I></B>
</TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<!--$$/page=--><A name=page_2></A>
<P align=center>2</P>
<P align=justify>The strategic investment bonus calculation, along with
management&#146;s recommended allocation of bonuses, was then submitted to the
Compensation Committee of EMX&#146;s Board for its review. The Compensation Committee
is comprised of three independent directors. The Committee met several times
over the past four months, both with management and independently of management,
as part of the approval process. The Committee recommended the US$3.8 million
bonus pool and allocation to the Company&#146;s Board. The independent members of the
Board unanimously approved the bonus pool and allocation with Dave Cole and
Michael Winn abstaining from voting.</P>
<P align=justify><B>Bonus Allocation </B></P>
<P align=justify>The Board has awarded the bonuses to EMX&#146;s Chairman and all of
EMX&#146;s management and staff (which includes support staff in Vancouver provided
by Seabord Services Corp). Bonuses were not paid outside the Company.</P>
<P align=justify>The two largest awards were paid to David Cole and Michael Winn
as they actively managed the Company&#146;s investment in IGC for the past seven
years. The Compensation Committee also felt it was important to award
significant bonuses to senior management regardless of time spent on the
investment as a win of this type is a team effort. The bonus allocations are as
follows: </P>
<DIV align=center>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="50%" border=1>

  <TR vAlign=top>
    <TD align=center vAlign=center noWrap bgcolor="#F2F2F2"><B>Name</B><B></B> </TD>
    <TD width="37%" align=center vAlign=center noWrap bgcolor="#F2F2F2"><B>Position</B><B></B>
    </TD>
    <TD width="25%" align=center vAlign=center noWrap bgcolor="#F2F2F2"><B>Amount</B><B></B>
    <BR><B>(US$)</B><B></B> </TD></TR>
  <TR vAlign=top>
    <TD align=left>DavidM.Cole1 </TD>
    <TD align=left width="37%">President&amp;CEO </TD>
    <TD align=center width="25%">1,100,000 </TD></TR>
  <TR vAlign=top>
    <TD align=left>MichaelWinn<SUP>1</SUP> </TD>
    <TD align=left width="37%">ChairmanoftheBoard </TD>
    <TD align=center width="25%">1,000,000 </TD></TR>
  <TR vAlign=top>
    <TD align=left>EricJensen<SUP>1</SUP> </TD>
    <TD align=left width="37%">GeneralManager&#150; Exploration </TD>
    <TD align=center width="25%">400,000 </TD></TR>
  <TR vAlign=top>
    <TD align=left>DaveJohnson<SUP>1</SUP> </TD>
    <TD align=left width="37%">ChiefGeologist </TD>
    <TD align=center width="25%">400,000 </TD></TR>
  <TR vAlign=top>
    <TD align=left>ChristinaCepeliauskas </TD>
    <TD align=left width="37%">ChiefFinancialOfficer </TD>
    <TD align=center width="25%">175,000 </TD></TR>
  <TR vAlign=top>
    <TD align=left>JanSteiert </TD>
    <TD align=left width="37%">ChiefLegalOfficer </TD>
    <TD align=center width="25%">175,000 </TD></TR>
  <TR vAlign=top>
    <TD align=left>OtherEMXStaff </TD>
    <TD align=left width="37%">&nbsp; </TD>
    <TD align=center width="25%">560,000 </TD></TR>
  <TR vAlign=top>
    <TD align=right colSpan=2><B>TOTAL</B> </TD>
    <TD align=center width="25%"><B>3,810,000</B>
</TD></TR></TABLE></DIV><BR>
<DIV align=center>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="50%" border=0>

  <TR vAlign=top>
    <TD align=left>
      <P align=justify><SUP>1 </SUP>A portion of the bonuses to be paid to Dave
      Cole, Michael Winn, Eric Jensen, and Dave Johnson will be paid once the
      Company receives the final distribution by IGC related to escrowed funds.
      </P></TD></TR></TABLE></DIV>
<P align=justify><B>About EMX.</B> EMX leverages asset ownership and exploration
insight into partnerships that advance our mineral properties, with EMX
receiving pre-production payments and retaining royalty interests. EMX
complements its royalty generation initiatives with royalty acquisitions and
strategic investments. </P>
<P align=justify>The recent advancements of the Company's asset portfolio
underscore EMX's focus on steadily increasing global revenue streams from
strategic investments, royalties, and other payments. The Company's goal is to
substantially grow our cash flowing royalty portfolio while providing multiple
opportunities for exploration and production success. </P>
<P align=center>-30- </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=center><B><I>Suite 501 &#150; 543 Granville Street, Vancouver,
      British Columbia V6C 1X8, Canada</I></B> </TD></TR>
  <TR vAlign=bottom>
    <TD align=center><B><I>Tel: (604) 688-6390 Fax: (604) 688-1157</I></B>
  </TD></TR>
  <TR vAlign=bottom>
    <TD align=center><B><I><U>www.EMXroyalty.com</U></I></B>
</TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<!--$$/page=--><A name=page_3></A>
<P align=center>3</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left>For further information contact: </TD>
    <TD align=left width="50%">&nbsp; </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="50%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>David M. Cole </TD>
    <TD align=left width="50%">Scott Close </TD></TR>
  <TR vAlign=top>
    <TD align=left>President and Chief Executive Officer </TD>
    <TD align=left width="50%">Director of Investor Relations </TD></TR>
  <TR vAlign=top>
    <TD align=left>Phone: (303) 979-6666 </TD>
    <TD align=left width="50%">Phone: (303) 973-8585 </TD></TR>
  <TR vAlign=top>
    <TD align=left>Email: <U>Dave@EMXroyalty.com</U> </TD>
    <TD align=left width="50%">Email:<U>SClose@EMXroyalty.com</U>
  </TD></TR></TABLE>
<P align=justify><I>Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. </I></P>
<P align=justify><B><I>Forward-Looking Statements </I></B></P>
<P align=justify><I>This news release may contain &#147;forward looking statements&#148;
that reflect the Company&#146;s current expectations and projections about its future
results. These forward-looking statements may include statements regarding
perceived merit of properties, exploration results and budgets, mineral reserves
and resource estimates, work programs, capital expenditures, timelines,
strategic plans, market prices for precious and base metal, or other statements
that are not statements of fact. When used in this news release, words such as
&#147;estimate,&#148; &#147;intend,&#148; &#147;expect,&#148; &#147;anticipate,&#148; &#147;will&#148;, &#147;believe&#148;, &#147;potential&#148; and
similar expressions are intended to identify forward-looking statements, which,
by their very nature, are not guarantees of the Company&#146;s future operational or
financial performance, and are subject to risks and uncertainties and other
factors that could cause the Company&#146;s actual results, performance, prospects or
opportunities to differ materially from those expressed in, or implied by, these
forward-looking statements. These risks, uncertainties and factors may include,
but are not limited to: unavailability of financing, failure to identify
commercially viable mineral reserves, fluctuations in the market valuation for
commodities, difficulties in obtaining required approvals for the development of
a mineral project, increased regulatory compliance costs, expectations of
project funding by joint venture partners and other factors. </I></P>
<P align=justify><I>Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this news release
or as of the date otherwise specifically indicated herein. Due to risks and
uncertainties, including the risks and uncertainties identified in this news
release, and other risk factors and forward-looking statements listed in the
Company&#146;s MD&amp;A for the quarter ended September 30, 2018 (the &#147;MD&amp;A&#148;),
and the</I> <I>most recently filed Form 20-F for the year ended December 31,
2017, actual events may differ materially from current expectations. More
information about the Company, including the MD&amp;A, the 20-F and financial
statements of the Company, is available on SEDAR at </I><U>www.sedar.com</U><I>
and on the SEC&#146;s EDGAR website at </I><U>www.sec.gov</U><I>. </I></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=center><B><I>Suite 501 &#150; 543 Granville Street, Vancouver,
      British Columbia V6C 1X8, Canada</I></B> </TD></TR>
  <TR vAlign=bottom>
    <TD align=center><B><I>Tel: (604) 688-6390 Fax: (604) 688-1157</I></B>
  </TD></TR>
  <TR vAlign=bottom>
    <TD align=center><B><I><U>www.EMXroyalty.com</U></I></B>
</TD></TR></TABLE><BR>
<HR align=center width="100%" color=black noShade SIZE=5>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>exhibit99-1x1x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 exhibit99-1x1x1.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!# ! +# X,"A .#0X2$1 3&"@:&!86
M&#$C)1TH.C,]/#DS.#= 2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!# 1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P  1"  \ 4 # 2(  A$! Q$!_\0
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M>0ND>\D#<,\48GL+Y9KAE<2\,5%3?7F';3E+%A_R$;SZC^M2W>G17<@>1G!
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M&#_ OK]36EXH_P"1>N_]T?\ H0K5K*\4?\B]=_[H_P#0A1=N5PM:-CB?#/\
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044M% "44M% "4M%% '__V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
