<SEC-DOCUMENT>0001062993-21-005996.txt : 20210628
<SEC-HEADER>0001062993-21-005996.hdr.sgml : 20210628
<ACCEPTANCE-DATETIME>20210625212548
ACCESSION NUMBER:		0001062993-21-005996
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20210625
FILED AS OF DATE:		20210628
DATE AS OF CHANGE:		20210625

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:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35404
		FILM NUMBER:		211049726

	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 Corporation: 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><u>June 2021</u></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 </B><B>&#150;</B><B> 543 Granville Street <BR>
Vancouver,
British Columbia V6C 1XB <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>[&nbsp;&nbsp;&nbsp;] Form 20-F&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[X]
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>
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<P align=center><B><U>SUBMITTED HEREWITH</U></B></P>
<P align=justify><B><U>Exhibits:</U></B></P>
<table cellpadding="0" cellspacing="0" border="0" width="100%" style="font-size:10pt;">
<tr><td width="8%" style="border-bottom:1px solid #000000;"><b>Exhibit</b></td><td width="5%">&nbsp;</td><td style="border-bottom:1px solid #000000;"><b>Description</b></td></tr>
<tr><td>&nbsp;</td><td>&nbsp;</td></tr>
<tr bgcolor="#eeeeee">
<td><a href="exhibit99-1.htm">99.1</a></td>
<td>&nbsp;</td>
<td><a href="exhibit99-1.htm">News Release dated June 25, 2021</a></td>
</tr>
</table>

<BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
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<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>EMX ROYALTY CORPORATION<BR>
  </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: June 25, 2021</TD>
    <TD align=left width="8%">By: </TD>
    <TD width="42%" align=left style="BORDER-BOTTOM: #000000 1px solid">/s/
    Rocio Echegaray</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%"><p>Rocio Echegaray</p></TD>
  </TR>
  <TR vAlign=top>
    <TD width="50%" align=left >&nbsp; </TD>
    <TD align=left width="8%">Title: </TD>
    <TD align=left width="42%">Corporate Secretary</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>
</head>

<body style="font-size:10pt; font-family:'Times New Roman';">
    <hr width="100%" size="3" color="black" noshade="noshade"><a name="page_1"></a>
    <div><br></div>
    <p style="text-align: center;"><img src="exhibit99-1x001.jpg" style="width: 339px;" height="58"></p>
    <p style="text-align: center;"><u><b>NEWS RELEASE</b></u></p>
    <p style="text-align: center;"><b>EMX Royalty Corporation Closes Asset Purchase Transaction of the Oijarvi and Solvik Gold Projects</b></p>
    <p style="text-align: justify;"><b>Vancouver, British Columbia, June 25, 2021 (NYSE American: EMX; TSX Venture: EMX; Frankfurt: 6E9) - EMX Royalty Corporation (the "Company" or "EMX") </b>is pleased to announce that it has closed the previously announced asset purchase transaction pursuant to which Gold Line Resources Ltd. <b>(TSX-V: GLDL)</b> ("<b>Gold Line</b>") has acquired a 100% interest in Agnico Eagle Mines Limited's (<b>NYSE and TSX: AEM</b>) ("<b>Agnico</b>") Oij&#228;rvi Gold Project&#160; located in central Finland and Solvik Gold Project located in southern Sweden (collectively, the "<b>Projects</b>") for an aggregate purchase price of US$10 million comprised of cash and shares of each of EMX and Gold Line (the "<b>Transaction</b>"). In connection with the Transaction, Agnico will retain a 2% net smelter return ("<b>NSR</b>") royalty on the Projects, 1% of which may be purchased at any time by EMX for US$1 million.</p>
    <p style="text-align: justify;">The Transaction has been completed pursuant to an asset purchase agreement dated March 19, 2021 (the "<b>Agreement</b>") among the Company, Gold Line, Agnico, Agnico Eagle Finland Oy and Agnico Eagle Sweden AB. As a result of the Agreement, Agnico has become a shareholder of EMX and Gold Line, and EMX will increase its equity holdings in Gold Line and receive staged cash payments from Gold Line. EMX will also gain additional royalty exposure in two emerging gold belts in the Nordic region.</p>
    <p style="text-align: justify;">Consideration for the Transaction is US$10 million, comprised of US$7 million in cash, US$1.5 million in common shares of EMX ("<b>EMX Shares</b>") and US$1.5 million in common shares of Gold Line ("<b>Gold Line Shares</b>"), which is required to be paid to Agnico as follows:</p>
    <table style="width: 80%; border-collapse: collapse; font-size: 10pt; margin-left: auto; margin-right: auto; border: 1px solid #000000;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="width: 25%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; white-space: nowrap;">
                <p style="text-align: center;"><b>Date</b></p>
            </td>
            <td style="border-left: 0.75pt solid #000000; width: 25%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; white-space: nowrap;">
                <p style="text-align: center;"><b>Gold Line Cash<br>Payments (USD)</b></p>
            </td>
            <td style="border-left: 0.75pt solid #000000; width: 25%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; white-space: nowrap;">
                <p style="text-align: center;"><b>EMX Shares </b><br><b>(USD)</b></p>
            </td>
            <td style="width: 25%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border-bottom: 0.75pt solid #000000; border-left: 0.75pt solid #000000; white-space: nowrap;">
                <p style="text-align: center;"><b>Gold Line Shares (USD)</b></p>
            </td>
        </tr>
        <tr>
            <td style="width: 25%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p>Upon signing of the Purchase Agreement</p>
            </td>
            <td style="width: 25%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;">
                <p style="text-align: justify;">$750,000 (paid)</p>
            </td>
            <td style="width: 25%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;">
                <p style="text-align: justify;">$375,000 (issued)</p>
            </td>
            <td style="border-left: 0.75pt solid #000000; width: 25%; vertical-align: top; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p style="text-align: justify;">$375,000 (issued)</p>
            </td>
        </tr>
        <tr>
            <td style="width: 25%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p>On the first anniversary of the Purchase Agreement</p>
            </td>
            <td style="width: 25%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;">
                <p style="text-align: justify;">$1,500,000</p>
            </td>
            <td style="width: 25%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;">
                <p style="text-align: justify;">$500,000</p>
            </td>
            <td style="border-left: 0.75pt solid #000000; width: 25%; vertical-align: top; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p style="text-align: justify;">$500,000</p>
            </td>
        </tr>
        <tr>
            <td style="width: 25%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p>On the second anniversary of the Purchase Agreement</p>
            </td>
            <td style="width: 25%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;">
                <p style="text-align: justify;">$1,750,000</p>
            </td>
            <td style="width: 25%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;">
                <p style="text-align: justify;">$625,000</p>
            </td>
            <td style="border-left: 0.75pt solid #000000; width: 25%; vertical-align: top; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p style="text-align: justify;">$625,000</p>
            </td>
        </tr>
        <tr>
            <td style="width: 25%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p>On the third anniversary of the Purchase Agreement</p>
            </td>
            <td style="width: 25%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;">
                <p style="text-align: justify;">$3,000,000</p>
            </td>
            <td style="width: 25%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;">
                <p style="text-align: justify;">-</p>
            </td>
            <td style="border-left: 0.75pt solid #000000; width: 25%; vertical-align: top; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p style="text-align: justify;">-</p>
            </td>
        </tr>
        <tr>
            <td style="width: 25%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border-top: 0.75pt solid #000000; border-right: 0.75pt solid #000000;">
                <p><b>Total</b></p>
            </td>
            <td style="width: 25%; vertical-align: top; border-left: 0.75pt solid #000000; padding-right: 5.03pt; border-right: 0.75pt solid #000000; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p style="text-align: justify;">$7,000,000</p>
            </td>
            <td style="width: 25%; vertical-align: top; border-left: 0.75pt solid #000000; padding-right: 5.03pt; border-right: 0.75pt solid #000000; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p style="text-align: justify;">$1,500,000</p>
            </td>
            <td style="width: 25%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border-top: 0.75pt solid #000000; border-left: 0.75pt solid #000000;">
                <p style="text-align: justify;">$1,500,000</p>
            </td>
        </tr>
    </table>
    <br>
    <div id="footer_page_1">
        <p style="text-align: center;"><b><i>Suite 501 &#8211; 543 Granville Street, Vancouver, British Columbia V6C 1X8, Canada </i></b><br><b><i>Tel: (604) 688-6390 Fax: (604) 688-1157</i></b><br><font style="color: #103cfe;"><b><i>www.EMXroyalty.com </i></b></font></p>
    </div>
    <hr style="page-break-after: always;" width="100%" size="5" color="black" noshade="noshade"><a name="page_2"></a>
    <div id="header_page_2">
        <p style="text-align: center;">2</p>
    </div>
    <p style="text-align: justify;">In addition, EMX will receive cash and share payments from Gold Line as set out in the table below:</p>
    <table style="width: 80%; border-collapse: collapse; font-size: 10pt; margin-left: auto; margin-right: auto; border: 1px solid #000000;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="width: 33%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000;">
                <p>Date</p>
            </td>
            <td style="border-left: 0.75pt solid #000000; width: 33%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt;">
                <p>Cash Payments (USD)</p>
            </td>
            <td style="width: 33%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border-bottom: 0.75pt solid #000000; border-left: 0.75pt solid #000000;">
                <p>Gold Line Shares<br>(USD)</p>
            </td>
        </tr>
        <tr>
            <td style="width: 33%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p>Upon signing of the Purchase Agreement</p>
            </td>
            <td style="width: 33%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;">
                <p>-</p>
            </td>
            <td style="border-left: 0.75pt solid #000000; width: 33%; vertical-align: top; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p>$375,000 (issued)</p>
            </td>
        </tr>
        <tr>
            <td style="width: 33%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p>On the first anniversary of the Purchase Agreement</p>
            </td>
            <td style="width: 33%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;">
                <p>$250,000</p>
            </td>
            <td style="border-left: 0.75pt solid #000000; width: 33%; vertical-align: top; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p>$250,000</p>
            </td>
        </tr>
        <tr>
            <td style="width: 33%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p>On the second anniversary of the Purchase Agreement</p>
            </td>
            <td style="width: 33%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;">
                <p>$312,500</p>
            </td>
            <td style="border-left: 0.75pt solid #000000; width: 33%; vertical-align: top; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p>$312,500</p>
            </td>
        </tr>
        <tr>
            <td style="width: 33%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border-top: 0.75pt solid #000000; border-right: 0.75pt solid #000000;">
                <p><b>Total</b></p>
            </td>
            <td style="width: 33%; vertical-align: top; border-left: 0.75pt solid #000000; padding-right: 5.03pt; border-right: 0.75pt solid #000000; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p><b>$562,500</b></p>
            </td>
            <td style="width: 33%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border-top: 0.75pt solid #000000; border-left: 0.75pt solid #000000;">
                <p><b>$937,500</b></p>
            </td>
        </tr>
    </table>
    <p style="text-align: justify;">EMX Shares and Gold Line Shares and issuable in connection with the Transaction are based on the volume-weighted average price for the 20 trading days (the "<b>20-day VWAP</b>") prior to the date of issuance, with the exception of the first tranche, which was based on the 20-day VWAP prior to the effective date of the Agreement on March 18, 2021.&#160;</p>
    <p style="text-align: justify;"><b>About EMX.</b> EMX is a precious, base and battery metals royalty company. EMX's investors are provided with discovery, development, and commodity price optionality, while limiting exposure to risks inherent to operating companies. The Company's common shares are listed on the NYSE American Exchange and TSX Venture Exchange under the symbol EMX. Please see <font style="color: #0000ff;"><u>www.EMXroyalty.com</u></font> for more information.</p>
    <p style="text-align: justify;">For further information contact:</p>
    <table style="width: 100%; border-collapse: collapse; font-size: 10pt;" border="0" cellspacing="0" cellpadding="0">
        <tr>
            <td style="width: 33.3333%;">David M. Cole<br>President and Chief Executive Officer<br>Phone: (303) 979-6666<br><font style="color: #0000ff;"><u>Dave@EMXroyalty.com</u></font></td>
            <td style="width: 33.3333%;">Scott Close<br>Director of Investor Relations<br>Phone: (303) 973-8585<br><font style="color: #0000ff;"><u>SClose@EMXroyalty.com</u></font></td>
            <td style="width: 33.3333%;">Isabel Belger<br>Investor Relations (Europe)<br>Phone: +49 178 4909039<br><font style="color: #0000ff;"><u>IBelger@EMXroyalty.com</u></font></td>
        </tr>
    </table>
    <p style="text-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 style="margin-bottom: 0pt; text-align: justify;"><i><b>Forward-Looking Statements</b></i></p>
    <p style="margin-top: 0pt; text-align: justify;"><i>This news release may contain "forward looking statements" that reflect the Company'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 "estimate," "intend," "expect," "anticipate," "will", "believe", "potential", "upside" and similar expressions are intended to identify forward-looking statements, which, by their very nature, are not guarantees of the Company's future operational or financial performance, and are subject to risks and uncertainties and other factors that could cause the Company'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>
    <div id="footer_page_2">
        <p style="text-align: center;"><b><i>Suite 501 &#8211; 543 Granville Street, Vancouver, British Columbia V6C 1X8, Canada </i></b><br><b><i>Tel: (604) 688-6390 Fax: (604) 688-1157</i></b><br><font style="color: #103cfe;"><b><i>www.EMXroyalty.com </i></b></font></p>
    </div>
    <hr style="page-break-after: always;" width="100%" size="5" color="black" noshade="noshade"><a name="page_3"></a>
    <div id="header_page_3">
        <p style="text-align: center;">3</p>
    </div>
    <p style="text-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.&#160; 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's MD&amp;A for the year ended December 31, 2020 (the "MD&amp;A"), and the most recently filed Annual Information Form (the "AIF") for the year ended December 31, 2020, actual events may differ materially from current expectations.&#160; More information about the Company, including the MD&amp;A, the AIF and financial statements of the Company, is available on SEDAR at www.sedar.com and on the SEC's EDGAR website at www.sec.gov.</i></p>
    <div id="footer_page_3">
        <p style="text-align: center;"><b><i>Suite 501 &#8211; 543 Granville Street, Vancouver, British Columbia V6C 1X8, Canada </i></b><br><b><i>Tel: (604) 688-6390 Fax: (604) 688-1157</i></b><br><font style="color: #103cfe;"><b><i>www.EMXroyalty.com </i></b></font></p>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
