<SEC-DOCUMENT>0001768005-19-000001.txt : 20190214
<SEC-HEADER>0001768005-19-000001.hdr.sgml : 20190214
<ACCEPTANCE-DATETIME>20190214172427
ACCESSION NUMBER:		0001768005-19-000001
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20190214
DATE AS OF CHANGE:		20190214

SUBJECT COMPANY:	

	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:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-87421
		FILM NUMBER:		19608493

	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

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SIM Orphan, LLC
		CENTRAL INDEX KEY:			0001768005
		IRS NUMBER:				831416819
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		440 PACIFIC AVENUE
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94133
		BUSINESS PHONE:		415-667-5442

	MAIL ADDRESS:	
		STREET 1:		440 PACIFIC AVENUE
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94133
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>EMXX_13g.htm
<DESCRIPTION>SC 13G
<TEXT>
<html><head>



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<title>EMXX_13g.htm</title>

<p style="margin: 0in 0in 12pt; text-align: center;" align="center"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">UNITED
STATES<br>
SECURITIES AND EXCHANGE COMMISSION<br>
Washington, D.C. 20549</font></b></p>

<p style="margin: 0in 0in 0pt; text-align: center;" align="center"><b><font style="font-size: 12pt;" face="Times New Roman" lang="EN-US">SCHEDULE
13G<br>
</font></b><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Under the Securities Exchange Act of 1934</font></b></p>

<p style="margin: 0in 0in 0pt; text-align: center;" align="center"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">(Amendment
No.__)*</font></b></p>

<p style="margin: 0in 0in 0pt; text-align: center;" align="center">&nbsp;</p>

<p style="margin: 0in 0in 0pt; text-align: center;" align="center">&nbsp;</p>

<div align="left">
<table style="width: 100%; border-collapse: collapse;" border="0" cellpadding="0" cellspacing="0" width="100%">

    <tr>
      <td style="padding: 0in 5.4pt;" valign="top" width="100%">
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><u><font style="font-size: 10pt;" face="Times New Roman">EMX Royalty Corp </font></u></p>
      </td>
    </tr>
    <tr>
      <td style="padding: 0in 5.4pt;" valign="top" width="100%">
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">(Name of Issuer)</font></p>
      </td>
    </tr>
    <tr>
      <td style="padding: 0in 5.4pt;" valign="top" width="100%">
      <p style="margin: 12pt 0in 0pt; text-align: center;" align="center"><u><font style="font-size: 10pt;" face="Times New Roman">Common
Stock, $0.001 par value per share</font></u></p>
      </td>
    </tr>
    <tr>
      <td style="padding: 0in 5.4pt;" valign="top" width="100%">
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">(Title of Class of
Securities)</font></p>
      </td>
    </tr>
    <tr>
      <td style="padding: 0in 5.4pt;" valign="top" width="100%">
      <p style="margin: 12pt 0in 0pt; text-align: center;" align="center"><u><font style="font-size: 10pt;" face="Times New Roman">29843R100</font></u></p>
      </td>
    </tr>
    <tr>
      <td style="padding: 0in 5.4pt;" valign="top" width="100%">
      <p style="margin: 0in 0in 12pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">(CUSIP
Number)</font></p>
      </td>
    </tr>
    <tr>
      <td style="padding: 0in 5.4pt;" valign="top" width="100%">
      <p style="margin: 12pt 0in 0pt; text-align: center;" align="center"><u><font style="font-size: 10pt;" face="Times New Roman">December 31, 2018</font></u></p>
      </td>
    </tr>
    <tr>
      <td style="padding: 0in 5.4pt;" valign="top" width="100%">
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">(Date of Event Which
Requires Filing of this Statement)</font></p>
      </td>
    </tr>

</table>
</div>

<p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Check the appropriate box to
designate the rule pursuant to which this Schedule is filed:</font></p>

<p style="margin: 12pt 0in 12pt 22.5pt;"><font style="font-size: 12pt;" face="Wingdings" lang="EN-US">&#253;</font><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US"> Rule 13d-1(b)</font></p>

<p style="margin: 0in 0in 12pt 22.3pt;"><font style="font-size: 12pt;" face="Wingdings" lang="EN-US">&#168;</font><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US"> Rule 13d-1(c)</font></p>

<p style="margin: 0in 0in 12pt 22.3pt;"><font style="font-size: 12pt;" face="Wingdings" lang="EN-US">&#168;</font><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US"> Rule 13d-1(d)</font></p>

<p style="margin: 0in 0in 12pt; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">*The
remainder of this cover page shall be filled out for a reporting
person&#8217;s initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.</font></p>

<p style="margin: 0in 0in 12pt; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">The
information required in the remainder of this cover page shall not be
deemed to be &#8220;filed&#8221; for the purpose of Section 18 of the Securities
Exchange Act of 1934 (&#8220;Act&#8221;) or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).</font></p>

<div align="left">
<table style="width: 100%; border-collapse: collapse;" border="0" cellpadding="0" cellspacing="0" width="100%">

    <tr>
      <td style="border-top: 1pt solid windowtext; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(1)</font></p>
      </td>
      <td style="border-top: 1pt solid windowtext; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="4" valign="top" width="31%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Names of Reporting Persons.</font></p>
      </td>
      <td style="border-top: 1pt solid windowtext; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top" width="63%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">SIM ORPHAN LLC</font></p>
      </td>
    </tr>
    <tr>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(2)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="5" valign="top" width="78%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Check the Appropriate Box if a Member of a
Group (See Instructions)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top" width="16%">
      <p style="margin: 0in 0.1in 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;
      </font><font style="font-size: 12pt;" face="Wingdings">&#168;</font></p>
      <p style="margin: 0in 0.1in 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;
      </font><font style="font-size: 12pt;" face="Wingdings">&#168;</font></p>
      </td>
    </tr>
    <tr>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(3)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="6" valign="top" width="94%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">SEC Use Only</font></p>
      </td>
    </tr>
    <tr>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(4)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="5" valign="top" width="78%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Citizenship or Place of Organization</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top" width="16%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">DELAWARE</font></p>
      </td>
    </tr>
    <tr style="height: 23pt;">
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" colspan="3" rowspan="4" width="21%">
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">NUMBER OF</font></p>
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">SHARES</font></p>
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">BENEFICIALLY</font></p>
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">OWNED BY EACH</font></p>
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">REPORTING</font></p>
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">PERSON WITH</font></p>
      </td>
      <td style="padding: 0in 5.4pt; height: 23pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(5)</font></p>
      </td>
      <td style="padding: 0in 5.4pt; height: 23pt;" colspan="2" valign="top" width="57%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Sole Voting Power</font></p>
      </td>
      <td style="padding: 0in 5.4pt; height: 23pt;" valign="top" width="16%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">5,043,219</font></p>
      </td>
    </tr>
    <tr style="height: 23pt;">
      <td style="border-top: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(6)</font></p>
      </td>
      <td style="border-top: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" colspan="2" valign="top" width="57%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Shared Voting Power</font></p>
      </td>
      <td style="border-top: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" valign="top" width="16%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">0</font></p>
      </td>
    </tr>
    <tr style="height: 23pt;">
      <td style="border-top: 1pt solid windowtext; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(7)</font></p>
      </td>
      <td style="border-top: 1pt solid windowtext; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" colspan="2" valign="top" width="57%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Sole Dispositive Power</font></p>
      </td>
      <td style="border-top: 1pt solid windowtext; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" valign="top" width="16%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">5,043,219</font></p>
      </td>
    </tr>
    <tr style="height: 23pt;">
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(8)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" colspan="2" valign="top" width="57%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Shared Dispositive Power</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" valign="top" width="16%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">0</font></p>
      </td>
    </tr>
    <tr>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top" width="7%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(9)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="4" valign="top" width="77%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Aggregate Amount Beneficially Owned by Each
Reporting Person</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top" width="16%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman"> 15,458,491</font></p>
      </td>
    </tr>
    <tr>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top" width="7%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(10)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="4" valign="top" width="77%">
      <p style="margin: 12pt 5.45pt 0pt 0in;"><font style="font-size: 10pt;" face="Times New Roman">Check if the Aggregate
Amount in Row (9) Excludes Certain Shares (See Instructions)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top" width="16%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 12pt;" face="Wingdings">&#168;</font></p>
      </td>
    </tr>
    <tr>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top" width="7%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(11)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="4" valign="top" width="77%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Percent of Class Represented by Amount in Row
(9)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top" width="16%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">19.18%</font></p>
      </td>
    </tr>
    <tr>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top" width="7%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(12)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="4" valign="top" width="77%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Type of Reporting Person (See Instructions)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top" width="16%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">OO</font></p>
      </td>
    </tr>
    <tr height="0">
      <td width="6%"><br>
      </td>
      <td width="1%"><br>
      </td>
      <td width="14%"><br>
      </td>
      <td width="6%"><br>
      </td>
      <td width="10%"><br>
      </td>
      <td width="47%"><br>
      </td>
      <td width="16%"><br>
      </td>
    </tr>

</table>
</div>

<p style="margin: 0in 0in 0pt;">&nbsp;</p>

<div align="left">
<table style="width: 100%; border-collapse: collapse;" border="0" cellpadding="0" cellspacing="0" width="100%">

    <tr>
      <td style="border-top: 1pt solid windowtext; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(1)</font></p>
      </td>
      <td style="border-top: 1pt solid windowtext; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="4" valign="top" width="31%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Names of Reporting Persons.</font></p>
      </td>
      <td style="border-top: 1pt solid windowtext; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="3" valign="top" width="63%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">PAUL
H. STEPHENS</font></p>
      </td>
    </tr>
    <tr>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(2)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="6" valign="top" width="79%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Check the Appropriate Box if a Member of a
Group (See Instructions)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top" width="15%">
      <p style="margin: 0in 0.1in 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;
      </font><font style="font-size: 12pt;" face="Wingdings">&#168;</font></p>
      <p style="margin: 0in 0.1in 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;
      </font><font style="font-size: 12pt;" face="Wingdings">&#168;</font></p>
      </td>
    </tr>
    <tr>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(3)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="7" valign="top" width="94%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">SEC Use Only</font></p>
      </td>
    </tr>
    <tr>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(4)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="5" valign="top" width="75%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Citizenship or Place of Organization</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top" width="19%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">UNITED
STATES</font></p>
      </td>
    </tr>
    <tr style="height: 23pt;">
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" colspan="3" rowspan="4" width="21%">
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">NUMBER OF</font></p>
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">SHARES</font></p>
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">BENEFICIALLY</font></p>
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">OWNED BY EACH</font></p>
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">REPORTING</font></p>
      <p style="margin: 0in 0in 0pt; text-align: center;" align="center"><font style="font-size: 10pt;" face="Times New Roman">PERSON WITH</font></p>
      </td>
      <td style="padding: 0in 5.4pt; height: 23pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(5)</font></p>
      </td>
      <td style="padding: 0in 5.4pt; height: 23pt;" colspan="2" valign="top" width="54%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Sole Voting Power</font></p>
      </td>
      <td style="padding: 0in 5.4pt; height: 23pt;" colspan="2" valign="top" width="19%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman"> 10,415,272</font></p>
      </td>
    </tr>
    <tr style="height: 23pt;">
      <td style="border-top: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(6)</font></p>
      </td>
      <td style="border-top: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" colspan="2" valign="top" width="54%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Shared Voting Power</font></p>
      </td>
      <td style="border-top: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" colspan="2" valign="top" width="19%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">5,043,219</font></p>
      </td>
    </tr>
    <tr style="height: 23pt;">
      <td style="border-top: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(7)</font></p>
      </td>
      <td style="border-top: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" colspan="2" valign="top" width="54%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Sole Dispositive Power</font></p>
      </td>
      <td style="border-top: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" colspan="2" valign="top" width="19%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman"> 10,415,272</font></p>
      </td>
    </tr>
    <tr style="height: 23pt;">
      <td style="border-top: 1pt solid windowtext; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" valign="top" width="6%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(8)</font></p>
      </td>
      <td style="border-top: 1pt solid windowtext; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" colspan="2" valign="top" width="54%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Shared Dispositive Power</font></p>
      </td>
      <td style="border-top: 1pt solid windowtext; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23pt;" colspan="2" valign="top" width="19%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">5,043,219</font></p>
      </td>
    </tr>
    <tr>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top" width="7%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(9)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="4" valign="top" width="74%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Aggregate Amount Beneficially Owned by Each
Reporting Person</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top" width="19%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">  15,458,491</font></p>
      </td>
    </tr>
    <tr>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top" width="7%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(10)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="4" valign="top" width="74%">
      <p style="margin: 12pt 5.45pt 0pt 0in;"><font style="font-size: 10pt;" face="Times New Roman">Check if the Aggregate
Amount in Row (9) Excludes Certain Shares (See Instructions)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top" width="19%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 12pt;" face="Wingdings">&#168;</font></p>
      </td>
    </tr>
    <tr>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top" width="7%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(11)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="4" valign="top" width="74%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Percent of Class Represented by Amount in Row
(9)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top" width="19%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">19.18%</font></p>
      </td>
    </tr>
    <tr>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top" width="7%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">(12)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="4" valign="top" width="74%">
      <p style="margin: 12pt 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Type of Reporting Person (See Instructions)</font></p>
      </td>
      <td style="border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top" width="19%">
      <p style="margin: 12pt 5.45pt 0pt 0in; text-align: right;" align="right"><font style="font-size: 10pt;" face="Times New Roman">IN</font></p>
      </td>
    </tr>
    <tr height="0">
      <td width="6%"><br>
      </td>
      <td width="1%"><br>
      </td>
      <td width="14%"><br>
      </td>
      <td width="6%"><br>
      </td>
      <td width="10%"><br>
      </td>
      <td width="44%"><br>
      </td>
      <td width="4%"><br>
      </td>
      <td width="15%"><br>
      </td>
    </tr>

</table>
</div>

<p style="margin: 0in 0in 0pt;">&nbsp;</p>

<p style="margin: 0in 0in 12pt 45pt; text-indent: -45pt;"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Item
1(a).&nbsp; Name of Issuer:</font></b></p>

<p style="margin: 0in 0in 12pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">EMX Royalty Corp , a company incorporated in British Columbia (the &#8220;Issuer&#8221;).</font></p>

<p style="margin: 0in 0in 12pt 45pt; text-indent: -45pt;"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Item
1(b).&nbsp; Address of Issuer&#8217;s Principal Executive Offices:</font></b></p>

<p style="margin: 0in 0in 0pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">543 Granville Street, Suite 501, Vancouver, British Columbia, Canada V6C 1X8.</font></p>
<BR>

<p style="margin: 0in 0in 12pt 45pt; text-indent: -45pt;"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Item
2(a).&nbsp; Names of Persons Filing:</font></b></p>

<p style="margin: 0in 0in 0pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">SIM Orphan LLC (&#8220;SIM&#8221;)</font></p>

<p style="margin: 0in 0in 0pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Paul H.
Stephens (&#8220;Paul Stephens&#8221;)</font></p>
<BR>
<p style="margin: 0in 0in 12pt 45pt; text-indent: -45pt;"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Item
2(b).&nbsp; Address of Principal Business Office or, if none, Residence:</font></b></p>

<p style="margin: 0in 0in 12pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">The
principal business address of each reporting person is 440 Pacific Avenue, San Francisco, California 94133.</font></p>

<p style="margin: 0in 0in 12pt 45pt; text-indent: -45pt;"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Item
2(c).&nbsp; Citizenship:</font></b></p>

<p style="margin: 0in 0in 12pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Reference
is made to Item 4 of pages 2&#8211;5 of this Schedule 13G (this &#8220;Schedule&#8221;),
which Items are incorporated by reference herein.</font></p>

<p style="margin: 0in 0in 12pt 45pt; text-indent: -45pt;"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Item
2(d).&nbsp; Title of Class of Securities:</font></b></p>

<p style="margin: 0in 0in 12pt 0.4in; text-indent: 17.95pt; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Common
Stock, $.001 par value per share</font></p>

<p style="margin: 0in 0in 12pt 45pt; text-indent: -45pt;"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Item
2(e).&nbsp; CUSIP Number:</font></b></p>

<p style="margin: 0in 0in 12pt 0.4in; text-indent: 17.95pt; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">29843R100</font></p>

<p style="margin: 0in 0in 12pt 45.35pt; text-indent: -45.35pt; line-height: 80%;"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Item
3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If this statement is filed pursuant to
&#167;&#167;240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing
is a:</font></b></p>

<p style="margin: 0in 0in 12pt 0.65in; text-indent: 0in; text-align: left;" align="left"><font style="font-size: 12pt;" face="Wingdings" lang="EN-US">&#168;</font><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">&nbsp;&nbsp;&nbsp;&nbsp;
(a)&nbsp;&nbsp;&nbsp; Broker or dealer registered under section 15 of
the Act (15 U.S.C. 78o).</font></p>

<p style="margin: 0in 0in 12pt 0.65in; text-indent: 0in; text-align: left;" align="left"><font style="font-size: 12pt;" face="Wingdings" lang="EN-US">&#168;</font><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">&nbsp;&nbsp;&nbsp;&nbsp;
(b)&nbsp;&nbsp;&nbsp; Bank as defined in section 3(a)(6) of the Act (15
U.S.C. 78c).</font></p>

<p style="margin: 0in 0in 12pt 0.65in; text-indent: 0in; text-align: left;" align="left"><font style="font-size: 12pt;" face="Wingdings" lang="EN-US">&#168;</font><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">&nbsp;&nbsp;&nbsp;&nbsp;
(c)&nbsp;&nbsp;&nbsp; Insurance company as defined in section 3(a)(19)
of the Act (15 U.S.C. 78c).</font></p>

<p style="margin: 0in 0in 12pt 0.65in; text-indent: 0in; text-align: left;" align="left"><font style="font-size: 12pt;" face="Wingdings" lang="EN-US">&#168;</font><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">&nbsp;&nbsp;&nbsp;&nbsp;
(d)&nbsp;&nbsp;&nbsp; Investment company registered under section 8 of
the Investment Company Act of 1940 (15 U.S.C 80a-8).</font></p>

<p style="margin: 0in 0in 12pt 0.65in; text-indent: 0in; text-align: left;" align="left"><font style="font-size: 12pt;" face="Wingdings" lang="EN-US">&#168;</font><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">&nbsp;&nbsp;&nbsp;&nbsp;
(e)&nbsp;&nbsp;&nbsp; An investment adviser in accordance with
&#167;240.13d-1(b)(1)(ii)(E);</font></p>

<p style="margin: 0in 0in 12pt 0.65in; text-indent: 0in; text-align: left;" align="left"><font style="font-size: 12pt;" face="Wingdings" lang="EN-US">&#168;</font><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">&nbsp;&nbsp;&nbsp;&nbsp;
(f)&nbsp;&nbsp;&nbsp; An employee benefit plan or endowment fund in
accordance with &#167;240.13d-1(b)(1)(ii)(F);</font></p>

<p style="margin: 0in 0in 12pt 0.65in; text-indent: 0in; text-align: left;" align="left"><font style="font-size: 12pt;" face="Wingdings" lang="EN-US">&#168;</font><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">&nbsp;&nbsp;&nbsp;&nbsp;
(g)&nbsp;&nbsp;&nbsp; A parent holding company or control person in
accordance with &#167; 240.13d-1(b)(1)(ii)(G);</font></p>

<p style="margin: 0in 0in 12pt 0.65in; text-indent: 0in; text-align: left;" align="left"><font style="font-size: 12pt;" face="Wingdings" lang="EN-US">&#168;</font><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">&nbsp;&nbsp;&nbsp;&nbsp;
(h)&nbsp;&nbsp;&nbsp; A savings associations as defined in Section 3(b)
of the Federal Deposit Insurance Act (12 U.S.C. 1813);</font></p>

<p style="margin: 0in 0in 12pt 93.5pt; text-indent: -46.7pt; text-align: left;" align="left"><font style="font-size: 12pt;" face="Wingdings" lang="EN-US">&#168;</font><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">&nbsp;&nbsp;&nbsp;&nbsp;
(i)&nbsp;&nbsp;&nbsp; A church plan that is excluded from the
definition of an investment company under section 3(c)(14) of
the&nbsp;&nbsp;&nbsp;&nbsp; Investment Company Act of 1940 (15 U.S.C.
80a-3);</font></p>

<p style="margin: 0in 0in 12pt 0.65in; text-indent: 0in; text-align: left;" align="left"><font style="font-size: 12pt;" face="Wingdings" lang="EN-US">&#168;</font><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">&nbsp;&nbsp;&nbsp;&nbsp;
(j)&nbsp;&nbsp;&nbsp; Group, in accordance with &#167;240.13d-1(b)(1)(ii)(J).</font></p>

<p style="margin: 0in 0in 12pt 45pt; text-indent: -45pt;"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Item
4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ownership.</font></b></p>

<p style="margin: 0in 0in 12pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Reference
is hereby made to Items 5-9 and 11 of pages 2 - 5 of this Schedule,
which Items are incorporated by reference herein.</font></p>

<p style="margin: 0in 0in 12pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">The
securities to which this Schedule relates (the &#8220;Securities&#8221;) are owned
by certain investment limited partnerships for which SIM serves as
general partner and investment manager.&nbsp; SIM, as those investment
limited partnerships&#8217; general partner and investment manager, and Paul
Stephens as managing member and
owner of SIM, may therefore be deemed to beneficially own Securities
owned by such investment limited partnerships for the purposes of Rule
13d-3 of the Securities Exchange Act of 1934, as amended (the &#8220;Act&#8221;),
insofar as they may be deemed to have the power to direct the voting or
disposition of those Securities.</font></p>

<p style="margin: 0in 0in 12pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Neither
the filing of this Schedule nor any of its contents shall be deemed to
constitute an admission that SIM or Paul Stephens is, for any other purpose, the beneficial owner of any of the
Securities, and each of SIM and Paul Stephens disclaims beneficial ownership as to the Securities, except to
the extent of his or its pecuniary interests therein.&nbsp; </font></p>

<p style="margin: 0in 0in 12pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Under the
definition of &#8220;beneficial ownership&#8221; in Rule 13d-3 under the Act, it is
also possible that the individual general partners, executive officers,
and members of the foregoing entities might be deemed the &#8220;beneficial
owners&#8221; of some or all of the Securities insofar as they may be deemed
to share the power to direct the voting or disposition of the
Securities.&nbsp; Neither the filing of this Schedule nor any of its
contents shall be deemed to constitute an admission that any of such
individuals is, for any purpose, the beneficial owner of any of the
Securities, and such beneficial ownership is expressly disclaimed.</font></p>

<p style="margin: 0in 0in 12pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">The
calculation of percentage of beneficial ownership in item 11 of pages 2
- 5 was derived from the Issuer&#8217;s website in
which the Issuer stated that the number of shares of its common stock
outstanding as of January 2019 was approximately 80,580,000 shares.&nbsp; </font></p>

<p style="margin: 0in 0in 12pt 45pt; text-indent: -45pt;"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Item
5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ownership of Five Percent or Less of a
Class</font></b></p>

<p style="margin: 0in 0in 12pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the&nbsp;</font><font style="font-size: 10pt;" color="black" face="Times New Roman" lang="EN-US">beneficial</font><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">&nbsp;owner of more than five percent of the class of securities, check the following&nbsp; [&nbsp&nbsp].</font></p>

<p style="margin: 0in 0in 12pt 45pt; text-indent: -45pt;"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Item
6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ownership of More than Five Percent on
Behalf of Another Person.</font></b></p>

<p style="margin: 0in 0in 12pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">SIM
serves as general partner and investment manager to certain investment
limited partnerships that have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of,
the Securities.&nbsp; Other than as reported in this Schedule, no
investment limited partnership&#8217;s holdings exceed five percent of the
Issuer&#8217;s common stock.</font></p>

<p style="margin: 0in 0in 12pt 45pt; text-indent: -45pt;"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Item
7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Identification and Classification of
the Subsidiary Which Acquired the Security Being Reported on By the
Parent Holding Company</font></b></p>

<p style="margin: 0in 0in 12pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Not
Applicable.</font></p>

<p style="margin: 0in 0in 12pt 45pt; text-indent: -45pt;"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Item
8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Identification and Classification of
Members of the Group</font></b></p>

<p style="margin: 0in 0in 12pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Not
Applicable.</font></p>

<p style="margin: 0in 0in 12pt 45pt; text-indent: -45pt;"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Item
9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notice of Dissolution of Group</font></b></p>

<p style="margin: 0in 0in 12pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Not
Applicable.</font></p>

<p style="margin: 0in 0in 12pt 45pt; text-indent: -45pt;"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Item
10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certification</font></b></p>

<p style="margin: 0in 0in 12pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">By
signing below the undersigned certify that, to the best of their
knowledge and belief, the securities referred to above were acquired
and are held in the ordinary course of business and were not acquired
and are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in any
transaction having that purpose or effect.</font></p>

<p style="margin: 0in 0in 12pt; text-indent: 0in; text-align: center;" align="center"><b><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">Signature</font></b></p>

<p style="margin: 0in 0in 12pt; text-indent: 0.65in; text-align: justify;"><font style="font-size: 10pt;" face="Times New Roman" lang="EN-US">After
reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement
is true, complete and correct.</font></p>

<div align="left">
<table style="width: 561.7pt;" border="0" cellpadding="0" cellspacing="0" width="100%">

    <tr style="page-break-inside: avoid;">
      <td style="padding: 0in 5.75pt;" valign="top" width="47%">
      <p style="margin: 0in 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">Dated:&nbsp; February 14, 2019</font></p>
      </td>
      <td style="padding: 0in 5.75pt;" valign="top" width="53%">
      <p style="margin: 0in 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">SIM ORPHAN LLC</font></p>
      <p style="margin: 0in 0in 0pt;">&nbsp;</p>
      <p style="margin: 0in 0in 0pt;">&nbsp;</p>
      <p style="margin: 0in 0in 0pt;"><font style="font-size: 10pt;" face="Times New Roman">By:&nbsp;&nbsp;&nbsp; </font><u><font style="font-size: 10pt;" face="Times New Roman">/s/Paul H. Stephens</font></u></p>
      <p style="margin: 0in 0in 0pt 24.3pt;"><font style="font-size: 10pt;" face="Times New Roman">Paul H. Stephens</font></p>
      <p style="margin: 0in 0in 0pt 24.3pt;"><font style="font-size: 10pt;" face="Times New Roman">Its Managing Member</font></p>
      <p style="margin: 0in 0in 0pt;">&nbsp;</p>
      </td>
    </tr>
    </body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
