Without further ado, it's time to introduce the next speaker, and that will be EMX Royalty Corporation, a global prospect and royalty generator that recently was created through a merger of EMX and Elemental Altus. I hope I got that right. Here to tell us more is Isabel Belger. Yes. Nice to see you. [Foreign language], Kaarlo. [Foreign language]. We give her a round of applause for that. The floor is yours. Thank you. [Foreign language]. So, good morning everyone. Sorry that I don't speak more Swedish. Yes, thank you for being here and having interest in this new merge story. I'm also sending the regards to our management team. Usually, Dave Cole, our CEO, would do this presentation, but because we are so busy closing the merger, aiming for the midst of November, he couldn't make it here. This gives me the privilege to present to you. I don't know who of you is familiar with EMX that I have been working for the last nine years. I'm very familiar with the story of EMX, and unfortunately, I cannot go into too many details with the time restriction. I keep it high level what this new merged situation means going forward. I invite you to come and see me and also my colleague over there, Johannes Holzäpfel, to ask us all the questions you have about our portfolio, our royalty portfolio, all our assets that we have, and we can go deeper into the history of EMX and what's in detail in our portfolio. The great news is we are hitting a critical mass of really meaningful scale with this merger. You can see, actually, at this point now, we are having a pro forma market cap of over $1 billion. As you might know, in the royalty space, scale really has a meaningful impact. Also, putting these two portfolios together gives us a top-quality globally diversified portfolio, which is then poised for growth. We are going to have a pro forma consensus revenue in 2026 of $80 million and in 2025 of $70 million in revenue. Here you can see a bit of who is bringing what to the table. I think it's pretty clear that we are looking at two really successful companies. EMX has been around for 23 years and had a price share CAGR since inception of 17%. Elemental Royalties did even a better job with 26% since 2017. They have not been around for that long. We are combining the royalties and having a portfolio of 218 royalties, and 16 of them are in production. You see that seven are right now cash flowing from EMX and 10 from Elemental Altus. We have one in common. That's why I said 16 cash flowing royalties. This is Caserones. We can now streamline this royalty that we both own. That's a great synergy that we have there. Elemental Altus has, their cornerstones are in Australia. One is called Karlawinda, and the other one is Laverton that they just recently announced that they enlarged their footprint with this royalty. On the side of EMX, the flagship asset, I would say, is Timok. That is the gold and copper mine in Serbia run by Zijin Mining. What else can I say? Of course, this is a marriage that's more than just being a one plus one result. We are also welcoming Tether as a new meaningful shareholder. Those of you who are more familiar with the crypto space, this is the huge stablecoin company that got their feet wet now in the commodity space. We are very happy that they became a shareholder in Elemental Altus in June. They were asking, who would you also think would be a good fit to invest in? That is also how this merger came together. Juan was very eager, Juan Sartori from Tether, who is going to serve as our Executive Chairman of the merged company. He was very eager that we would meet, and he was also the one who facilitated that the merger was happening now as it has been. On the EMX side, we were always very proud of having Franco-Nevada as a shareholder. Of course, Franco-Nevada being one of the best royalty companies in the space. They are a supporter. We have also a joint venture with them, and this is probably going on also in the future with the new merged company. There you get a little overview of our new combined portfolio. You can see the sun is not really going down on that portfolio. Very diversified. Speaking of which, there you can see by the allocated by revenue how the split is. We have 76% in precious metal right now and the rest in base metals. It's a very balanced portfolio also from the geographical side. 45% of the portfolio is cash flowing and the rest is in development, which gives us a nice potential for growth in the future. This graph shows very obviously the track record that both companies were on within the last years. Now combining those two, you can see how the revenue is just ramping up. We are very happy with this combined situation and having this kind of growth looking forward in the future. Here you can see that we are now with the new size and scale that we have with the company that we, of course, moving now from the junior royalty space to the more intermediate royalty space where there is a lot of room still to catch up. It's a great value proposition that I'm telling you here. This is illustrating what I just said, that we are moving from the junior royalty space towards the larger companies. With a strengthened balance sheet that we are looking at right now, the enlarged portfolio being combined, and, very importantly, the stronger cash flow, we are on a very good track here. Those of you who are familiar with EMX would know that our unique differentiator is the royalty generation model. We approach the royalty space a little bit differently than most of the royalty companies. For those who are not familiar with that, I will just explain that very briefly. We have geologists around the world who look to find prospective mineral rights and stake these claims, work on them, mostly doing intellectual work, collecting also historical data, and trying to show the prospectiveness of this project. We try to sell it on to a new company or to a new owner. That can be a major company like Rio Tinto—we did repeated business with them—but it could also be a small junior exploration company. As this usually works, we are getting, within the agreement of selling the project, so-called milestone payments, stage gate payments, and so forth. We would get also payments along the way before production. Usually with smaller companies, there's also a share component that we get paid in. The most important thing is that we create in this process a royalty that will stay with us, and the new owner gets 100% ownership. That is what we have been doing for 23 years. That is where our expertise is, and we are going to continue. This is our bread and butter, and we have our, as I just said, our expertise here. What is really nice about this merger is we are really merging two different teams, which bring different things to the table, and it's a great match. EMX has more of a gray hair geological kind of expertise, and the Elemental Altus guys, they are more on the capital market financial side. We will continue to do the royalty generation with the expertise and knowledge that we have, but also continue to play in a different sandbox, you could say, and buying royalties that we were not able to buy in the past because we just didn't have the cash or the possibility to raise that capital. Now, with Tether, in the background, and as a meaningful shareholder, our cost of capital has been lower and would make transactions in the future much easier. I mentioned already Juan Sartori from Tether. He is going to be our Executive Chairman. Dave Cole, who is the CEO of EMX, is also going to be the CEO of the merged company. Fred Bell, CEO of Elemental Altus, is going to serve as the President and COO of the new combined company. Stefan Wenger, who joined our team last year as CFO, worked for many, many years, 15 years for Royal Gold. We are very happy to have him on board as well. He's going to continue as CFO. David Baker, who is the CFO right now of Elemental Altus, is going to serve as CIO. Also, the board is very happy to have these people on board, and they're great to work with. I've met them all. It's a very superior group of people. As we are rushing through this here, I'm just touching on this maybe as my last slide so that we have some more time for questions. Here you can see the capital structure post-merger. As I said, the shareholder vote is going to be on the 4th of November. If you are a shareholder, please vote until that time, or you should have gotten the paperwork sent to you. This is, and then of course also the shareholder register with groups like Sprott. Rick Rule has been a supporter for EMX for 23 years. Basically, he founded EMX with seed capital, Adrian Day with Euro Pacific Asset Management, Franco-Nevada, as I mentioned before, Paul Stephens, Darin Milmeister at Extract Capital. A lot of good names, great institutions. What is going to happen now, and this is very important, with this scale, we are going to attract more attention from the banks. This will trigger more analyst coverage, which again will attract more attention again. This size is going to trigger forced ETF buying. This is going to be a self-fulfilling prophecy at some point. I think I'm going to close here so that we have some time for a few questions. Thank you. Thank you. Fascinating. Do we have any questions here? Yes, over here. I'm not familiar with this royalty business. I came across it several years ago, but I never studied it in depth. You had 218 royalty agreements, but only 17 cash flowing. What can we expect of these 218? Will a huge amount be failures in the end? What's the relative success rate? Thank you for the question. I think I forgot to mention in the big number of 218 and 16 in production that around 30 are in development stage. They are very likely to be in production. Of course, it's the nature of this business that projects are not becoming a mine. It's natural that there will be failures and that we won't see payments from some of them. That is also why, when we do this royalty generation business, we incorporate these payments along the way. Those are not huge amounts, but it makes sure that they have to do the work on the ground and that we not only get paid when the project becomes a mine. I don't know if that exactly answers your question, but yes, of course, not all of them are going to be paying royalties. We had a question here. Yes, please go ahead. Hi, my name is Richard. Thank you very much for your presentation, and it's really an honor to be here among all these leaders here today within the mining industry. I'm just curious about with regards to Tether and their investments. I'm very fond of crypto and the idea of Bitcoin, for example, and decentralization and excluding being able to send money around the world the way you want and without having third-party banks, etc., to approve the transactions that you're making and so forth. One of the downfalls of crypto and Bitcoin is that should Donald Trump, the pump and dumper, one day decide to ban something, then there's very little actually under crypto, under Bitcoin. What I'm trying to get here to is that I'm just wondering, is there perhaps more than we realize about when it comes to Tether and other crypto companies going into gold now? Are they planning on starting a gold-backed coin? Is that anything you know about? Thank you so much for bringing this topic up. Yes, a really impressive number I can give you is that Tether is buying a metric ton of physical gold each week, and they have been doing that for the last month. They want to also start a gold-backed coin. That's why they also want to have this physical gold stored in their ex-Swiss military bunkers in Switzerland that they changed into or turned into vaults. They want also that people who own that coin, they want to get the physical gold delivered, that they can actually do that. It's a little bit like going back to the Bretton Woods system, just without the government. I don't know if that exactly answers the long question that you asked, but I know that there are all kinds of thoughts and worries about crypto and also Tether. We are very happy with them as a shareholder. I think this could mean a huge change also in the entire commodity space because new shareholders are looking at this who are owning crypto like, what are they doing? That's interesting. We have been getting these incoming calls and also questions to our CEO if he could speak somewhere and address that. Speaking to a very different audience then who are not familiar with this. This could mean a big deal for this space here as well. In an already crowded space, one could add, which is the gold. Isabel, thank you so much. Very educational. Thank you. Thank you. Thank you. [Foreign language]. It is high time to introduce the next speaker, and that's Lavras Gold and Naomi Nemeth. Please welcome.