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EMX ROYALTY CORP THE ROYALTY GENERATORSM NEWS RELEASE EMX Royalty Announces Third Quarter 2021 Results Vancouver , British Columbia , November 12 , 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 September 30 , 2021 ( " Q3-2021 " ) . The Company's filings for Q3-2021 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 Q3-2021 Significant Acquisitions • • EMX closed the acquisition of a portfolio of royalty interests and deferred payments from SSR Mining Inc. and certain of its subsidiaries ( “ SSR Mining ” ) ( see EMX news release dated October 21 , 2021 ) . The Portfolio consists of 16 geographically diverse base and precious metals royalties , with four royalty assets at advanced stages of project development , and also includes US $ 18 million in future cash payments . EMX has paid US $ 33 million in cash and issued 12,323,048 common shares of the Company valued at US $ 32.5 million to SSR Mining . SSR Mining now owns an approximate 12 % undiluted equity interest in EMX . EMX will also make deferred and contingent payments to SSR Mining of up to US $ 34 million if certain project advancement milestones are achieved . EMX completed the acquisition of an effective 0.418 % NSR royalty on the Caserones Copper- Molybdenum Mine located in northern Chile for US $ 34.1 million in cash ( see EMX news release dated September 3 , 2021 ) . Caserones is a significant porphyry copper - molybdenum mining operation in a top tier mining jurisdiction . The Caserones acquisition brings immediate cashflow to EMX's portfolio . Through the quarter end , EMX has realized an initial payment of US $ 951,000 from the second quarter ( i.e. , April — June ) royalty distributions . Financial Update Dollar amounts are in CDN unless otherwise noted . • • As at September 30 , 2021 , EMX ended the quarter with a working capital balance of $ 13,889,000 including cash and cash equivalents of $ 46,735,000 , investments , strategic investments , and receivables and loan receivables totaling $ 27,034,000 , and debt of $ 54,134,000 . To facilitate the Caserones and SSR royalty acquisitions , as well as to supplement working capital , the Company has entered into three financing transactions including a US $ 44,000,000 credit facility with Sprott Private Resource Lending II ( Collector ) , LP , a Vendor - take - back note of US $ 7.85 million with SSR Mining , and the closing of the first tranche of a private placement for gross proceeds of $ 20,913,000 . Suite 501 - 543 Granville Street , Vancouver , British Columbia V6C 1X8 , Canada Tel : ( 604 ) 688-6390 Fax : ( 604 ) 688-1157 www.EMXroyalty.com