<SEC-DOCUMENT>0001062993-22-010282.txt : 20220415
<SEC-HEADER>0001062993-22-010282.hdr.sgml : 20220415
<ACCEPTANCE-DATETIME>20220414214037
ACCESSION NUMBER:		0001062993-22-010282
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20220414
FILED AS OF DATE:		20220415
DATE AS OF CHANGE:		20220414

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:		22828841

	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 style="text-align: center;" width="100%" size="3" color="black" noshade="noshade"><a name="page_1"></a>
    <p style="text-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 style="text-align: center;"><b><font size="5">FORM 6-K </font></b></p>
    <p style="text-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 style="text-align: center;">For the month of <b><u>April 2022</u></b></p>
    <p style="text-align: center;">Commission File Number: <u><b>001-35404 </b></u></p>
    <p style="text-align: center;"><b><font size="5"><u>EMX ROYALTY CORPORATION</u></font><br></b>(Translation of registrant&#8217;s name into English)</p>
    <p style="text-align: center;"><b>Suite 501 </b><b>&#8211;</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 style="text-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 style="text-align: center;">[&#160;&#160;&#160;] Form 20-F&#160;&#160;&#160;&#160;&#160;[X] Form 40-F</p>
    <p style="text-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): [&#160;&#160;&#160;]</p>
    <p style="text-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): [&#160;&#160;&#160;]</p>
    <hr style="break-after: page; text-align: center;" width="100%" size="5" color="black" noshade="noshade">
    <!--$$/page=--><a name="page_2"></a>
    <p style="text-align: center;"><b><u>SUBMITTED HEREWITH</u></b></p>
    <p style="text-align: justify;"><b><u>Exhibits:</u></b></p>
    <table style="font-size: 10pt; width: 100%;" border="0" cellspacing="0" cellpadding="0">
        <tr>
            <td style="border-bottom: 1px solid rgb(0, 0, 0); width: 8%;"><b>Exhibit</b></td>
            <td style="width: 5%;">&#160;</td>
            <td style="border-bottom: 1px solid #000000;"><b>Description</b></td>
        </tr>
        <tr>
            <td>&#160;</td>
            <td>&#160;</td>
        </tr>
        <tr style="background-color: #eeeeee;">
            <td><a href="exhibit99-1.htm">99.1</a></td>
            <td>&#160;</td>
            <td><a href="exhibit99-1.htm">Material Change Report dated April 14, 2022</a></td>
        </tr>
    </table>
    <br>
    <hr style="break-after: page; text-align: center;" width="100%" size="5" color="black" noshade="noshade">
    <!--$$/page=--><a name="page_3"></a>
    <p style="text-align: center;"><b>SIGNATURES </b></p>
    <p style="text-align: justify;">&#160;&#160;&#160;&#160;&#160;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; width: 100%;" border="0" cellspacing="0" cellpadding="0">
        <tr style="vertical-align: top;">
            <td style="text-align: left; width: 50%;">&#160;</td>
            <td style="text-align: left;" colspan="2"><b>EMX ROYALTY CORPORATION<br></b></td>
        </tr>
        <tr>
            <td style="text-align: left; width: 50%;">&#160;</td>
            <td style="text-align: left;" colspan="2">&#160;</td>
        </tr>
        <tr style="vertical-align: top;">
            <td style="text-align: left; width: 50%;">&#160;</td>
            <td style="text-align: left;" colspan="2">(Registrant)</td>
        </tr>
        <tr>
            <td style="text-align: left; width: 50%;">&#160;</td>
            <td style="text-align: left;" colspan="2">&#160;</td>
        </tr>
        <tr style="vertical-align: top;">
            <td style="text-align: left; width: 50%;">Date: April 14, 2022</td>
            <td style="text-align: left; width: 8%;">By:</td>
            <td style="border-bottom: 1px solid rgb(0, 0, 0); text-align: left; width: 42%;">/s/ Rocio Echegaray</td>
        </tr>
        <tr>
            <td style="text-align: left; width: 50%;">&#160;</td>
            <td style="text-align: left; width: 8%;">&#160;</td>
            <td style="text-align: left; width: 42%;">&#160;</td>
        </tr>
        <tr style="vertical-align: top;">
            <td style="text-align: left; width: 50%;">&#160;</td>
            <td style="text-align: left; width: 8%;">Name:</td>
            <td style="text-align: left; width: 42%;">
                <p>Rocio Echegaray</p>
            </td>
        </tr>
        <tr style="vertical-align: top;">
            <td style="text-align: left; width: 50%;">&#160;</td>
            <td style="text-align: left; width: 8%;">Title:</td>
            <td style="text-align: left; width: 42%;">Corporate Secretary</td>
        </tr>
    </table>
    <br>
    <hr style="text-align: center;" width="100%" size="5" color="black" noshade="noshade">
</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>
    <p style="text-align: center;"><b>Form 51-102F3</b></p>
    <p style="text-align: center;"><b>MATERIAL CHANGE REPORT</b><br><b> </b></p>
    <p style="text-align: justify;"><b>Item 1</b>.<font style="display: inline-block; width: 33.73pt;">&#160;</font><b>Name &amp; Address of Company</b></p>
    <p style="margin-bottom: 0pt; text-align: justify;"><font style="display: inline-block; width: 63.8pt;">&#160;</font>EMX ROYALTY CORPORATION<b> </b></p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify;"><font style="display: inline-block; width: 63.8pt;">&#160;</font>Suite 501 - 543 Granville Street</p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify;"><font style="display: inline-block; width: 63.8pt;">&#160;</font>Vancouver, British Columbia</p>
    <p style="margin-top: 0pt; text-align: justify;"><font style="display: inline-block; width: 63.8pt;">&#160;</font>V6C 1X8</p>
    <p style="margin-left: 72pt; text-indent: -72pt; text-align: justify;"><b>Item 2</b>.<font style="text-indent: 0pt; display: inline-block; width: 33.73pt;">&#160;</font><b>Date of Material Change</b></p>
    <p style="text-align: justify;"><font style="display: inline-block; width: 63.8pt;">&#160;</font>April 14, 2022</p>
    <p style="margin-left: 72pt; text-indent: -72pt; text-align: justify;"><b>Item 3</b>.<font style="text-indent: 0pt; display: inline-block; width: 33.73pt;">&#160;</font><b>News Release</b></p>
    <p style="margin-left: 63.8pt; text-align: justify;">A news release dated April 14, 2022, was disseminated through the facilities of Newsfile Corp. on April 14, 2022.</p>
    <p style="margin-left: 72pt; text-indent: -72pt; text-align: justify;"><b>Item 4</b>.<font style="text-indent: 0pt; display: inline-block; width: 33.73pt;">&#160;</font><b>Summary of Material Change</b></p>
    <p style="margin-left: 63.8pt; text-align: justify;">The Company closed a private placement to Franco-Nevada Corporation of 3,812,121 units at C$3.30 per unit for gross proceeds of C$12,580,000. Each unit consisted of one common share of EMX and one transferable warrant to purchase one common share of EMX for C$4.45 until April 14, 2027.</p>
    <p style="margin-left: 63.8pt; text-align: justify;">The Company also acquired an additional (effective) 0.3155% Net Smelter Return (<b>"NSR"</b>) royalty on the Caserones Copper-Molybdenum Mine in northern Chile for US$25.74 million. When combined with EMX's 0.418% NSR interest acquired in August 2021, EMX now holds an effective 0.7335% NSR royalty.</p>
    <p style="margin-left: 72pt; text-indent: -72pt; text-align: justify;"><b>Item 5</b>.<font style="text-indent: 0pt; display: inline-block; width: 33.73pt;">&#160;</font><b>Description of Material Change</b></p>
    <p style="text-align: justify;"><font style="display: inline-block; width: 63.8pt;">&#160;</font><b>Item 5.1</b><font style="width: 6.39pt; display: inline-block;">&#160;</font><b>Full Description of Material Change</b></p>
    <p style="text-align: justify;"><font style="display: inline-block; width: 63.8pt;">&#160;</font>See attached news releases attached as Schedule "A" and Schedule "B" to this report.</p>
    <p style="margin-top: 0pt; margin-left: 72pt; text-indent: -72pt; text-align: justify;"><font style="text-indent: 0pt; display: inline-block; width: 63.8pt;">&#160;</font><b>Item 5.2</b><font style="width: 6.39pt; text-indent: 0pt; display: inline-block;">&#160;</font><b>Disclosure for Restructuring Transactions</b></p>
    <p style="margin-left: 72pt; text-indent: -72pt; text-align: justify;"><font style="text-indent: 0pt; display: inline-block; width: 63.8pt;">&#160;</font>Not applicable</p>
    <p style="margin-left: 72pt; text-indent: -72pt; text-align: justify;"><b>Item 6</b>.<font style="text-indent: 0pt; display: inline-block; width: 33.73pt;">&#160;</font><b>Reliance on subsection 7.1(2) or (3) of National Instrument 51-102 </b></p>
    <p style="text-align: justify;"><font style="display: inline-block; width: 63.8pt;">&#160;</font>Not applicable.</p>
    <p style="margin-left: 72pt; text-indent: -72pt; text-align: justify;"><b>Item 7</b>.<font style="text-indent: 0pt; display: inline-block; width: 33.73pt;">&#160;</font><b>Omitted Information</b></p>
    <p style="text-align: justify;"><font style="display: inline-block; width: 63.8pt;">&#160;</font>None.</p>
    <p style="text-align: justify;"><b>Item 8</b>.<font style="display: inline-block; width: 33.73pt;">&#160;</font><b>Executive Officer</b></p>
    <p style="margin-left: 63.8pt; margin-bottom: 0pt; text-align: justify;">Rocio Echegaray, Corporate Secretary</p>
    <p style="margin-top: 0pt; margin-left: 63.8pt; margin-bottom: 0pt; text-align: justify;">Phone:&#160; 604-688-6390</p>
    <p style="margin-top: 0pt; margin-left: 63.8pt; text-align: justify;">Email:&#160; <font style="color: #0000ff;"><u>rocio@EMXRoyalty.com</u></font></p>
    <p style="margin-left: 72pt; text-indent: -72pt; text-align: justify;"><b>Item 9</b>.<font style="text-indent: 0pt; display: inline-block; width: 33.73pt;">&#160;</font><b>Date of Report:</b></p>
    <p style="margin-left: 72pt; text-indent: -72pt; text-align: justify;"><font style="text-indent: 0pt; display: inline-block; width: 63.8pt;">&#160;</font>April 14, 2022</p>
    <hr style="page-break-after: always; text-align: center;" width="100%" size="5" color="black" noshade="noshade"><a name="page_2"></a>
    <p style="text-align: center;"><img src="exhibit99-1x001.jpg" style="width: 266px;" height="46"></p>
    <p style="margin-bottom: 0pt; text-align: center;"><font style="font-size: 14pt;"><b>Schedule "A"</b></font></p>
    <p style="margin-top: 0pt; text-align: center;"><u><b>NEWS RELEASE</b></u></p>
    <p style="text-align: center;"><b>EMX Completes US$10 million Financing with Franco-Nevada</b></p>
    <p style="text-align: justify;"><b>Vancouver, British Columbia, April 14, 2022 (NYSE American:&#160; EMX; TSX Venture:&#160; EMX; Frankfurt:&#160; 6E9) - EMX Royalty Corporation ("EMX") </b>is pleased to announce that it has completed the C$12.58 million (US$10 million) private placement with Franco-Nevada Corporation ("<b>Franco-Nevada</b>") announced April 14, 2022. The proceeds were used to acquire an additional (effective) net smelter royalty on the Caserones open pit mine in northern Chile (see EMX's news release dated April 14, 2022).</p>
    <p style="text-align: justify;">Franco-Nevada purchased 3,812,121 units at C$3.30 per unit. Each unit consisted of one common share of EMX and one warrant to purchase one common share of EMX for C$4.45 exercisable until April 14, 2027. The shares issued upon closing and the shares issuable upon the exercise of the warrants will be subject to a four-month restricted resale (hold) period expiring August 15, 2022.</p>
    <p style="text-align: justify;">Franco-Nevada now owns approximately 3.5% of the issued and outstanding shares of EMX on an undiluted basis.</p>
    <p style="text-align: justify;"><b>About EMX.&#160; </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. EMX's common shares are listed on the NYSE American Exchange and TSX Venture Exchange under the symbol EMX, and also trade on the Frankfurt exchange under the symbol "6E9". Please see <font style="color: #0000ff;">www.EMXroyalty.com </font>for more information.</p>
    <p style="text-align: justify;">For further information contact:</p>
    <table style="border-collapse: collapse; font-size: 10pt; width: 100%;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="width: 33%; padding-right: 6pt; vertical-align: top;">
                <p style="margin-bottom: 0pt; margin-top: 0pt;">David M. Cole</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;">President and Chief Executive Officer</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;">Phone: (303) 973-8585</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;"><font style="color: #0000ff;">Dave@EMXroyalty.com</font></p>
            </td>
            <td style="width: 33%; padding-right: 6pt; vertical-align: top;">
                <p style="margin-bottom: 0pt; margin-top: 0pt;">Scott Close</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;">Director of Investor Relations</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;">Phone: (303) 973-8585</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;"><font style="color: #0000ff;">SClose@EMXroyalty.com</font></p>
            </td>
            <td style="margin-bottom: 0pt; padding-right: 6pt; width: 33%;">
                <p style="margin-bottom: 0pt; margin-top: 0pt;">Isabel Belger</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;">Investor Relations (Europe)</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;">Phone: +49 178 4909039</p>
                <p style="margin-top: 0pt;"><font style="color: #0000ff;">Ibelger@EMXroyalty.com</font>&#160;</p>
            </td>
        </tr>
    </table>
    <p style="text-align: center;"><i><b>Neither the TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts<br>responsibility for the adequacy or accuracy of this release.<br><br></b></i></p>
    <div id="footer_page_2">
        <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><i>Suite 501 &#8211; 543 Granville Street, Vancouver, British Columbia V6C 1X8, Canada</i></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><i>Tel:&#160; (604) 688-6390&#160; Fax:&#160; (604) 688-1157</i></p>
        <p style="margin-top: 0pt; text-align: center; margin-bottom: 0pt;"><font style="color: #0000ff;"><u><i>www.eurasianminerals.com</i></u></font></p>
    </div>
    <hr style="page-break-after: always; text-align: center;" width="100%" size="5" color="black" noshade="noshade"><a name="page_3"></a>
    <p style="text-align: center;"><img src="exhibit99-1x002.jpg" style="width: 263px;" height="45"></p>
    <p style="margin-bottom: 0pt; text-align: center;"><font style="font-size: 14pt;"><u><b>Schedule "B"</b></u></font></p>
    <p style="margin-top: 0pt; text-align: center;"><u><b>NEWS RELEASE</b></u></p>
    <p style="text-align: center;"><b>EMX Acquires Additional Royalty Interest on Caserones Copper-Molybdenum Mine and to<br>Complete US$10 million Financing with Franco-Nevada</b></p>
    <p style="text-align: justify;"><b>Vancouver, British Columbia, April 14, 2022 (NYSE American:&#160; EMX; TSX Venture:&#160; EMX; Frankfurt:&#160; 6E9) - EMX Royalty Corporation ("EMX" or the "Company") </b>is pleased to announce that it has acquired an additional (effective) 0.3155% Net Smelter Return ("<b>NSR</b>") royalty on the Caserones Copper-Molybdenum Mine located in northern Chile for US$25.74 million. When combined with EMX's 0.418% NSR interest acquired in August 2021 (see EMX news release dated August 17, 2021), EMX now holds an effective 0.7335% NSR royalty. Franco-Nevada Corporation ("<b>Franco-Nevada</b>") has concurrently acquired a 0.4582% (effective) NSR royalty on similar terms.</p>
    <p style="text-align: justify;">Since acquisition, Caserones has generated pre-tax cash flow to EMX in Q2, Q3 and Q4 of fiscal 2021 totalling $3.6 million from EMX's effective 0.418% interest. As part of the royalty purchase, EMX will receive royalty distributions covering Q1 of fiscal 2022 for the additional interest acquired.</p>
    <p style="text-align: justify;">To finance its purchase of the additional NSR royalty, EMX has agreed to complete a private placement with Franco-Nevada for C$12.58 million (US$10 million). On completion, Franco-Nevada will own approximately 3.5% of the issued and outstanding shares of EMX on an undiluted basis. EMX is delighted to have Franco-Nevada as a shareholder.</p>
    <p style="text-align: justify;"><b>Caserones Overview. </b>The Caserones open pit mine is developed upon a significant porphyry copper-molybdenum deposit in the Atacama Region of the northern Chilean Andean Cordillera, 162 kilometres southeast of the city of Copiap&#243;. The mine is operated by SCM Minera Lumina Copper Chile SpA ("<b>Minera Lumina</b>"), which is owned by JX Nippon Mining &amp; Metals Corporation.</p>
    <p style="text-align: justify;">Caserones produces copper and molybdenum concentrates from a conventional crusher, mill and flotation plant, as well as copper cathodes from a dump leach, solvent extraction and electrowinning plant. In 2020, the mine produced 104,917 tonnes of fine copper in concentrate, 2,453 tonnes of fine molybdenum in concentrate, and 22,056 tonnes of fine copper in cathodes (results for 2021 have not yet been released by Minera Lumina). The Caserones open pit has operated with an average waste to ore strip ratio of 0.47, has an estimated 17 years remaining in its current mine plan (as at year-end 2020), along with excellent exploration potential.</p>
    <p style="text-align: justify;"><b>Acquisition Details.</b> The Caserones mine is subject to a 2.88% NSR royalty created in a 2009 agreement between SCM Minera Lumina Copper Chile S.A., as purchaser, and Compa&#241;&#237;a Minera Caserones ("<b>CMC</b>") and Sociedad Legal Minera California Una de la Sierra Pe&#241;a Negra ("<b>SLM California</b>"),<b> </b>as vendors. CMC and SLM California originally acquired the mineral concessions that overlie the Caserones deposit. Ownership of the 2.88% NSR royalty is currently divided between CMC (32.5%) and SLM California (67.5%). SLM California's sole purpose is to distribute its royalty income to its shareholders as dividends and pay Chilean taxes on its income.</p>
    <p style="text-align: justify;">EMX has purchased today a further 16.23% of the shares of SLM California for US$25.74 million pursuant to share purchase agreements with existing shareholders of SLM California.</p>
    <div id="footer_page_3">
        <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><i>Suite 501 &#8211; 543 Granville Street, Vancouver, British Columbia V6C 1X8, Canada</i></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><i>Tel:&#160; (604) 688-6390&#160; Fax:&#160; (604) 688-1157</i></p>
        <p style="margin-top: 0pt; text-align: center; margin-bottom: 0pt;"><font style="color: #0000ff;"><u><i>www.eurasianminerals.com</i></u></font></p>
    </div>
    <hr style="page-break-after: always; text-align: center;" width="100%" size="5" color="black" noshade="noshade"><a name="page_4"></a>
    <p style="text-align: justify;"><b>Private Placement.</b> Franco-Nevada will purchase 3,812,121 units at C$3.30 per unit for total proceeds of C$12,580,000. Each unit will consist of one common share of the Company and one warrant to purchase one common share of the Company for five years at an exercise price of C$4.45. The shares issued upon closing and issuable upon the exercise of the warrants are and will be subject to a four-month restricted resale (hold) period. Proceeds from the placement totalling C$12,580,000 will be used towards the acquisition of the additional Caserones (effective) royalty interest.</p>
    <p style="text-align: justify;"><b>Qualified Person. </b>Eric P. Jensen, CPG, a Qualified Person as defined by National Instrument 43-101 <i>Standards of Disclosure for Mineral Projects</i> of the Canadian Securities Administrators and an employee of the Company, has reviewed, verified, and approved the disclosure of the technical information contained in this news release.</p>
    <p style="text-align: justify;"><b>About EMX.&#160; </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, and also trade on the Frankfurt exchange under the symbol "6E9". Please see <font style="color: #0000ff;">www.EMXroyalty.com </font>for more information.</p>
    <p style="text-align: justify;">For further information contact:</p>
    <table style="border-collapse: collapse; font-size: 10pt; width: 100%;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="width: 33%; padding-right: 6pt; padding-left: 0pt; vertical-align: top;">
                <p style="margin-bottom: 0pt; margin-top: 0pt;">David M. Cole</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;">President and Chief Executive Officer</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;">Phone: (303) 973-8585</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;"><font style="color: #0000ff;">Dave@EMXroyalty.com</font></p>
            </td>
            <td style="width: 33%; padding-right: 6pt; padding-left: 0pt; vertical-align: top;">
                <p style="margin-bottom: 0pt; margin-top: 0pt;">Scott Close</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;">Director of Investor Relations</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;">Phone: (303) 973-8585</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;"><font style="color: #0000ff;">SClose@EMXroyalty.com</font></p>
            </td>
            <td style="margin-bottom: 0pt; padding-left: 0pt; padding-right: 6pt; width: 33%;">
                <p style="margin-bottom: 0pt; margin-top: 0pt;">Isabel Belger</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;">Investor Relations (Europe)</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;">Phone: +49 178 4909039</p>
                <p style="margin-top: 0pt;"><font style="color: #0000ff;">Ibelger@EMXroyalty.com</font></p>
            </td>
        </tr>
    </table>
    <p style="text-align: center;"><i><b>Neither the TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts<br>responsibility for the adequacy or accuracy of this release.</b></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 completion of the transactions, perceived merits of properties, exploration results budgets and potential, estimated mine life, mineral reserves and resource estimates, timelines, strategic plans, 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&#160; 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. It is possible EMX may not complete the transaction, as a result of failure to fulfill conditions of closing, unavailability of financing or for other reasons EMX cannot anticipate at this time.</i></p>
    <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. 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, 2021 (the "MD&amp;A"), and the most recently filed Annual Information Form (the "AIF") for the year ended December 31, 2021, actual events may differ materially from current expectations. 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 </i><font style="color: #0563c1;"><u><i>www.sec.gov</i></u></font><i>.</i></p>
    <div>
        <p style="margin-bottom: 0pt; text-align: center;">&#160;</p>
    </div>
    <div id="footer_page_4">
        <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><i>Suite 501 &#8211; 543 Granville Street, Vancouver, British Columbia V6C 1X8, Canada</i></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><i>Tel:&#160; (604) 688-6390&#160; Fax:&#160; (604) 688-1157</i></p>
        <p style="margin-top: 0pt; text-align: center; margin-bottom: 0pt;"><font style="color: #0000ff;"><u><i>www.eurasianminerals.com</i></u></font></p>
    </div>
    <hr width="100%" size="5" color="black" noshade="noshade">
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