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EMX ROYALTY CORP THE ROYALTY GENERATOR SM NEWS RELEASE EMX Royalty Announces Second Quarter 2021 Results Vancouver , British Columbia , August 16 , 2021 ( NYSE American : EMX ; TSX Venture : EMX ; Frankfurt : 6E9 ) - EMX Royalty Corporation ( the “ Company ” or “ EMX ” ) is pleased to report results for the quarter ended June 30 , 2021 ( " Q2-2021 " ) . The Company's filings for Q2-2021 are available on SEDAR at www.sedar.com , on the U.S. Securities and Exchange Commission's website at www.sec.gov , and on EMX's website at www.EMXroyalty.com . Financial results were prepared in accordance with International Financial Reporting Standards , as issued by the International Accounting Standards Board . HIGHLIGHTS FOR Q2-2021 Financial Update Dollar amount are in CDN unless otherwise noted . • • • • EMX ended the three month period at June 30 , 2021 with a balance sheet including cash and cash equivalents of $ 41,979,000 , investments , strategic investments , investment in associated entities , and receivables valued at $ 34,777,000 , and no debt . EMX had revenue of $ 4,255,000 which includes royalty income , other property income including income from the sale or option of property interests and management fees , and interest and dividends earned on cash and investment balances . Included in revenues was royalty income of $ 284,000 and $ 3,801,000 for the fair value of equity positions and cash received on the sale and option of property interests . Revenues for Q2-2021 increased compared to Q2-2020 with an increase in option and other property income and interest income . Royalty income for Q2-2021 was comparable to Q2-2020 . Royalty generation costs totaled $ 5,378,000 of which the Company recovered $ 1,689,000 from partners . General and administrative expenses totaled $ 979,000 which includes $ 177,000 in salaries and consultants , $ 250,000 in administrative costs , $ 298,000 in professional fees , $ 71,000 in transfer agent and filing fees , $ 46,000 in travel , and $ 137,000 in investor relations costs . General and administrative costs can fluctuate from period to period depending on activity and timing of comparable costs . For the three months ended June 30 , 2021 , the Company had a net loss from operations of $ 2,039,000 including $ 260,000 in depletion , depreciation , and direct royalty taxes , and $ 2,845,000 in share - based compensation of which $ 1,479,000 was included in royalty generation costs . Other items affecting net loss and financial results in Q2-2021 include a gain from the Company's investment in an associated entity of $ 158,000 , a fair value loss on investments of $ 425,000 , and a foreign exchange adjustment of $ 1,240,000 . The foreign exchange adjustment was a direct result of holding cash and net assets denominated in US dollars . Operational Update EMX's royalty and mineral property portfolio totals over 200 projects on five continents . The following summarizes the work conducted in Q2-2021 , as well as subsequent events , by the Company and its partners . Suite 501-543 Granville Street , Vancouver , British Columbia V6C 1X8 , Canada Tel : ( 604 ) 688-6390 Fax : ( 604 ) 688-1157 www.EMXroyalty.com