Empress Royalty Corp said it has amended its agreement with mining sector financial advisor Endeavour Financial Ltd to source and evaluate debt facility opportunities and/or corporate transactions to accelerate the former's growth.
"We have been working closely with Endeavour since our inception, building a strong platform to identify investment opportunities and continue to do so," said Alexandra Woodyer Sherron, CEO of Empress Royalty in a brief statement.
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"Endeavour's expanded role is to source and evaluate debt facility opportunities and/or corporate transactions for Empress. Endeavour's team is an award-winning group of mining finance experts with a proven track record of success."
Founded in 1988, Endeavour has a well-established reputation and has arranged over US$500 million in royalty and stream finance, US$4 billion in debt finance and US$28 billion in mergers and acquisitions. Its team has diverse experience in both natural resources and finance, including investment bankers, geologists, mining engineers, cash flow modellers and financiers.
Empress is a new precious metals royalty and streaming group with a portfolio of 16 investments and is focused on finding partners with development and production stage projects, who require additional non-dilutive capital.
It already has strategic partnerships with Endeavour Financial, Terra Capital (AIM:TCA) and Accendo.
Contact the author at giles@proactiveinvestors.com