EMPR

Golconda Gold Announces Closing of Gold Streaming Transaction for Its Galaxy Project

Retrieved on: 
Tuesday, February 27, 2024

Golconda Gold, its subsidiary Galaxy Gold Reefs (Pty) Ltd., and certain of its affiliates, entered into a metal purchase and sale agreement dated November 21, 2023 (the “Agreement”) with Empress for payable gold production from the Galaxy mine in South Africa.

Key Points: 
  • Golconda Gold, its subsidiary Galaxy Gold Reefs (Pty) Ltd., and certain of its affiliates, entered into a metal purchase and sale agreement dated November 21, 2023 (the “Agreement”) with Empress for payable gold production from the Galaxy mine in South Africa.
  • Pursuant to the terms of the Agreement, Empress has made an up-front cash payment totalling US$5 million (the “Investment”) for payable gold produced from the Galaxy mine.
  • The purchase price for the payable gold delivered pursuant to the Agreement is 20% of the gold spot price.
  • There are also extensive tailings around the Galaxy mine site which Golconda Gold intends to use to supplement production.

Golconda Gold Announces Gold Streaming Transaction for Its Galaxy Project

Retrieved on: 
Thursday, November 23, 2023

Golconda Gold, its subsidiary Galaxy Gold Reefs (Pty) Ltd., and certain of its affiliates, have entered into a metal purchase and sale agreement dated November 21, 2023 (the “Agreement”) with Empress for payable gold production from the Galaxy mine in South Africa.

Key Points: 
  • Golconda Gold, its subsidiary Galaxy Gold Reefs (Pty) Ltd., and certain of its affiliates, have entered into a metal purchase and sale agreement dated November 21, 2023 (the “Agreement”) with Empress for payable gold production from the Galaxy mine in South Africa.
  • The purchase price for the payable gold delivered pursuant to the Agreement is 20% of the gold spot price.
  • There are also extensive tailings around the Galaxy mine site which Golconda Gold intends to use to supplement production.
  • Galaxy is currently in Phase 1 of its expansion program taking production to 15,000 tpm and 1,100 recovered gold ounces per month.

OTC Markets Group Welcomes Empress Royalty Corp. to OTCQX

Retrieved on: 
Wednesday, January 11, 2023

NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Empress Royalty Corp. (TSX-V: EMPR; OTCQX: EMPYF), a global royalty and streaming creation company, has qualified to trade on the OTCQX® Best Market.

Key Points: 
  • NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Empress Royalty Corp. (TSX-V: EMPR; OTCQX: EMPYF), a global royalty and streaming creation company, has qualified to trade on the OTCQX® Best Market.
  • Empress Royalty Corp. upgraded to OTCQX from the OTCQB® Venture Market.
  • Empress Royalty Corp. begins trading today on OTCQX under the symbol “EMPYF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .
  • “Commencing trading on OTCQX is an important step for Empress which allows a greater number of US investors the opportunity to invest in our Company,” stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty.

Empire Petroleum Corporation Announces Uplisting to the New York Stock Exchange American

Retrieved on: 
Thursday, March 3, 2022

Empire Petroleum Corporation ("Empire" or the Company) (OTCQB: EMPR), an operator of conventional oil and gas properties, today announced the New York Stock Exchange (NYSE) has approved the listing of the Companys common stock to the NYSE American.

Key Points: 
  • Empire Petroleum Corporation ("Empire" or the Company) (OTCQB: EMPR), an operator of conventional oil and gas properties, today announced the New York Stock Exchange (NYSE) has approved the listing of the Companys common stock to the NYSE American.
  • Also effective with the uplisting, Empire will reverse split its common shares at a ratio of one-for-four (1:4), as previously approved by its stockholders on August 31, 2021.
  • Uplisting to the NYSE American marks a significant milestone in Empires transformation that we began a few years ago, said Mike Morrisett, President of Empire.
  • We believe the uplisting will broaden the awareness of Empire with the investment community, and ultimately increase liquidity.

Empire Petroleum Corporation Announces Debt Retirement

Retrieved on: 
Thursday, January 6, 2022

Empire Petroleum Corporation (Empire) (OTCQB:EMPR), an operator of conventional oil and gas properties, announced today that certain debt holders have now converted 100% of their remaining debt along with accrued interest into Empire common shares.

Key Points: 
  • Empire Petroleum Corporation (Empire) (OTCQB:EMPR), an operator of conventional oil and gas properties, announced today that certain debt holders have now converted 100% of their remaining debt along with accrued interest into Empire common shares.
  • The elimination of EEFs debt removes a substantial debt liability from Empires balance sheet while also eliminating over $200K in annual interest payments.
  • "Energy Evolution Fund is an absolute supporter of Empire Petroleum Corporation and the Empire shareholders.
  • Empire Petroleum Corporation is a publicly traded, Tulsa-based oil and gas company with current producing assets in Texas, Louisiana, North Dakota, Montana and New Mexico.

Empire Petroleum Announces Appointment of Phil Mulacek and Ben Marchive II as New Directors

Retrieved on: 
Thursday, October 21, 2021

Empire Petroleum Corporation (Empire) (OTCQB:EMPR) is pleased to announce that its Board of Directors has unanimously voted to appoint Phil Mulacek and Ben Marchive as members of the companys Board of Directors effective immediately.

Key Points: 
  • Empire Petroleum Corporation (Empire) (OTCQB:EMPR) is pleased to announce that its Board of Directors has unanimously voted to appoint Phil Mulacek and Ben Marchive as members of the companys Board of Directors effective immediately.
  • Phil Mulacek has a proven track record of over 35 years in global oil and gas and LNG development.
  • Phil Mulacek states, I am proud to join my fellow Empire directors, as my first Board seat in over 8 years.
  • Ben Marchive II states, I am proud to join the board of Empire with its strong leadership team and opportunities to create superior shareholder value.

Empire Petroleum to Present at EnerCom's The Oil & Gas Conference 2021

Retrieved on: 
Tuesday, August 17, 2021

Empire Petroleum Corporation (Empire) (OTCQB: EMPR), an oil and gas company with current producing assets in Texas, Louisiana, North Dakota, Montana and New Mexico, today announced that it will be presenting at EnerComs The Oil & Gas Conference 2021.

Key Points: 
  • Empire Petroleum Corporation (Empire) (OTCQB: EMPR), an oil and gas company with current producing assets in Texas, Louisiana, North Dakota, Montana and New Mexico, today announced that it will be presenting at EnerComs The Oil & Gas Conference 2021.
  • Investors can listen to the live webcast and download the investor slides by registering at the following URL: https://www.theoilandgasconference.com/webcast/ .
  • For the past 26 years, EnerComs The Oil & Gas Conference regularly hosts presenting companies with operations spanning more than 40 countries and six continents.
  • For more information about EnerComs The Oil and Gas Conference, please go to: https://www.theoilandgasconference.com/companies-2021/
    Empire Petroleum Corporation is a Tulsa-based oil and gas company with current producing assets in Texas, Louisiana, North Dakota, Montana and New Mexico.