EMX Royalty Announces Amendment and Extension of Sprott Credit Agreement

Vancouver, British Columbia–(Newsfile Corp. – January 25, 2022) – EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the “Society“, Where “EMX“). Following its press releases dated July 29, 2021, August 17, 2021 and October 21, 2021, the Company is pleased to announce that it has entered into an amendment to extend the term of the credit facility by 44 US$000,000 (the “Sprott Credit facility“) entered into with Sprott Private Resource Lending II (Collector), LP (“Sprott“) as of December 31, 2024 in consideration for the payment of an amount equal to 1.5% of the unpaid principal amount of the Sprott Credit Facility, which will be added to the principal amount of the Sprott Credit Facility; and to amend the voluntary prepayment rights under the Sprott Credit Facility to permit the prepayment of up to US$10,000,000 of the principal amount of the Sprott Facility at any time beginning June 30, 2023, and permit the prepayment of the amount remaining principal of the Sprott Loan at any time beginning June 30, 2024. In addition, the Company has entered into an amendment to the deferral agreement between the Company, Sprott and SSR Mining Inc.(“RSS“) to permit prepayment of the VTB Note (US$7,850,000 in principal due to SSR) prior to repayment of the Sprott Credit Facility, provided no event of default has occurred or is continuing under of the Sprott credit facility.

About EMX. EMX is a precious, base and battery metal royalty company. EMX investors benefit from options for discovery, development and commodity pricing, while limiting exposure to the risks inherent in operating companies. The common shares of the Company are listed on the American stock exchange NYSE and on the TSX Venture Exchange under the symbol “EMX”, as well as on the Frankfurt Stock Exchange under the symbol “6E9”. Please see www.EMXroyalty.com for more information.

For more information, contact:

David M.Cole
President and CEO
Phone: (303) 973-8585
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Scott Close
Investor Relations Director
Phone: (303) 973-8585
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Isabel Belger
Investor Relations (Europe)
Telephone: +49 178 4909039
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Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking statements

This press release may contain “forward-looking statements” that reflect the Company’s current expectations and projections regarding its future results. These forward-looking statements may include statements regarding the completion of the transaction, the perceived merits of the properties, exploration results and budgets, mineral reserves and resource estimates, work programs, capital expenditures, timelines, strategic plans, market prices of precious and base metals, or other statements that are not statements of fact. When used in this press release, words such as “estimate”, “intend”, “expect”, “anticipate”, “should”, “believe”, “potential”, ” upwards” and similar expressions are intended to identify future-forward-looking statements which, by their very nature, are not guarantees of the future operating or financial performance of the Company, and are subject to risks and uncertainties as well as other factors that could cause the Company’s actual results, performance, prospects or opportunities to differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and factors may include, but are not limited to: unavailability of financing, inability to identify commercially viable mineral reserves, fluctuations in the market value of commodities, difficulties in obtaining approvals required for the development of a mining project, increased regulatory compliance costs, expectations of project financing by joint venture partners and other factors.

Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release or as of the date otherwise specifically stated herein. Due to risks and uncertainties, including the risks and uncertainties identified in this press release, and other risk factors and forward-looking statements listed in the Company’s MD&A for the quarter ended September 30, 2021 and the fiscal year ended December 31, 2020 (the “MD&A”) and the last revised annual information form (the “Annual Information Form”) filed for the fiscal year ended December 31, 2020, actual events may differ materially from current expectations. Further information on the Company, including the Company’s MD&A, Annual Information Form and financial statements, is available on SEDAR at www.sedar.com and on the SEC’s EDGAR website at www.sec.gov.

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