Latest news with #EquityIncentivePlan
Miami Herald
12-06-2025
- Business
- Miami Herald
Amaze Announces Annual Stockholders' Meeting Results and 1-for-23 Reverse Stock Split
NEWPORT BEACH, CA / ACCESS Newswire / June 12, 2025 / Amaze Holdings, Inc. (NYSE American:AMZE) ("Amaze" or the "Company"),a global leader in creator-powered commerce, today announced the results of its annual stockholders' meeting held today. Election of Directors: Stockholders elected all seven director nominees to serve until the 2026 Annual Meeting of of Auditors: Stockholders ratified the appointment of Wipfli LLP as the Company's independent registered public accounting firm for the fiscal year D Preferred Stock Conversion Proposal: Stockholders approved the issuance of common stock upon conversion of the Company's Series D Convertible Preferred Stock and the exercise of associated warrants, exceeding the "Exchange Share Cap" and "Individual Holder Share Cap" limitations, as provided in the Series D Certificate of Designation. This approval also authorizes a change of control under applicable NYSE American Stock Split Proposal: Stockholders approved the authorization of a reverse stock split of the Company's common stock at a ratio between 1-for-10 and A Preferred Stock Conversion Proposal: Stockholders approved the issuance of common stock upon conversion of Series A Convertible Preferred Stock in excess of the applicable share caps under the Certificate of Designation and NYSE American B Preferred Stock Conversion Proposal: Stockholders approved the issuance of common stock upon conversion of Series B Convertible Preferred Stock in excess of the applicable share C Preferred Stock Conversion Proposal: Stockholders approved the issuance of common stock upon conversion of Series C Convertible Preferred Stock in excess of the applicable share Common Stock Increase Proposal: Stockholders did not approve an amendment to the Company's Articles of Incorporation to increase the number of authorized shares of common stock from 100,000,000 to 250,000, Plan Amendment Proposal: Stockholders approved an amendment and restatement of the 2021 Equity Incentive Plan to increase the number of shares available for issuance to 20,800,000 shares (prior to the effect of the reverse stock split).ELOC Issuance Proposal: Stockholders approved the issuance of 20% or more of the Company's issued and outstanding common stock in connection with the securities purchase agreement dated May 6, Proposal: Stockholders approved the proposal to adjourn the annual meeting, if necessary, to solicit additional proxies. For more information please refer to the Company's proxy statement filed with the United States Securities and Exchange Commission (SEC) on May 7, 2025. Reverse Stock Split Amaze also announced today that it will effect a 1-for-23 reverse stock split at 5:00 p.m. Eastern time today. Beginning with the opening of trading on June 13, 2025, Amaze's common stock will trade on a split adjusted basis under the new CUSIP number 35804X 200. The final 1-for-23 ratio was determined by Amaze's Board of Directors on June 2, 2025, and the reverse stock split was effected by filing a Certificate of Amendment to Amaze's articles of incorporation on June 12, 2025 with the Secretary of State of the State of Nevada. The reverse stock split is intended to increase the per share market price of Amaze's common stock to meet the $3.00 per share minimum bid price requirement of the NYSE American. Additional details regarding the reverse stock split can be found in the Current Report on Form 8-K filed on June 12, 2025 with the SEC as well as the Company's proxy statement. For investor information, visit IR@ For press inquiries, please contact PR@ About Amaze:Amaze Holdings, Inc. is an end-to-end, creator-powered commerce platform offering tools for seamless product creation, advanced e-commerce solutions, and scalable managed services. By empowering anyone to "sell anything, anywhere," Amaze enables creators to tell their stories, cultivate deeper audience connections, and generate sustainable income through shoppable, authentic experiences. Discover more at Cautionary Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These statements relate to future events and developments or to our future operating or financial performance, are subject to risks and uncertainties and are based estimates and assumptions. Forward-looking statements may include, but are not limited to, statements about the reverse stock split, our market opportunity and potential growth of that market, strategies, initiatives, growth, revenues, expenditures, our plans and objectives for future operations, and future financial and business performance. These statements can be identified by words such as such as "may," "might," "should," "would," "could," "expect," "plan," "anticipate," "intend," "believe," "estimate," "predict," "potential" or "continue," and are based our current expectations and views concerning future events and developments and their potential effects on us. These statements are subject to known and unknown risks, uncertainties and assumptions that could cause actual results to differ materially from those projected or otherwise implied by the forward-looking statement. These risks include: our ability to execute our plans and strategies; our limited operating history and history of losses; our financial position and need for additional capital; our ability to attract and retain our creator base and expand the range of products available for sale; we may experience difficulties in managing our growth and expenses; we may not keep pace with technological advances; there may be undetected errors or defects in our software or issues related to data computing, processing or storage; our reliance on third parties to provide key services for our business, including cloud hosting, marketing platforms, payment providers and network providers; failure to maintain or enhance our brand; our ability to protect our intellectual property; significant interruptions, delays or outages in services from our platform; significant data breach or disruption of the information technology systems or networks and cyberattacks; risks associated with international operations; general economic and competitive factors affecting our business generally; changes in laws and regulations, including those related to privacy, online liability, consumer protection, and financial services; our dependence on senior management and other key personnel; and our ability to attract, retain and motivate qualified personnel and senior management. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are included in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other future filings and reports that we file with the Securities and Exchange Commission (SEC) from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Also, these forward-looking statements represent our estimates and assumptions only as of the date of the press release. Unless required by law, we undertake no obligation to update or revise any forward-looking statements to reflect new information or future events or developments. SOURCE: Amaze Holdings, Inc.
Yahoo
11-06-2025
- Business
- Yahoo
Planet 13 Announces Results of Annual General Meeting
LAS VEGAS, June 11, 2025 (GLOBE NEWSWIRE) -- Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) ('Planet 13' or the 'Company'), a leading vertically-integrated multi-state cannabis company, today announced the following results for each item of business considered at Planet 13's Annual General Meeting of Stockholders held on Tuesday, June 10, 2025. Election of Directors The following table sets out the percentage of shares voted in respect of the election of directors: Nominee % For % Withheld Robert Groesbeck 73.4% 26.6% Larry Scheffler 93.7% 6.3% Adrienne O'Neal 94.1% 5.9% Kevin Martin 89.7% 10.3% David Loop 95.7% 4.3% Amendment to Planet 13 Holdings Inc.'s 2023 Equity Incentive Plan. The following table sets out the percentage of shares of common stock voted in respect to the approval of the amendment to Planet 13 Holdings Inc.'s 2023 Equity Incentive Plan to increase the number of shares of common stock authorized for issuance thereunder from 22,000,000 to 32,000,000: For Against Abstain 81.5% 18.3% 0.2% Re-Appointment and Remuneration of Auditors The following table sets out the percentage of shares of common stock voted in respect to the ratification of the appointment of Davidson & Company LLP as the independent registered public accounting firm of the Company for the ensuing year or until their successors are appointed: For Against Abstain 91.9% 7.9% 0.2% About Planet 13 Planet 13 ( is a vertically integrated cannabis company, with award-winning cultivation, production and dispensary operations across its locations in California, Nevada, Illinois, and Florida. Home to the nation's largest dispensary, located just off The Strip in Las Vegas, Planet 13 continues to expand its footprint with the recent debut of its first consumption lounge in Las Vegas, DAZED!, the opening of its first Illinois dispensary in Waukegan, bringing cannabis experiences to the Chicago metro area. Planet 13 operates dispensaries across Florida, a key market in its expansive footprint. Planet 13's mission is to build a recognizable global brand known for world-class dispensary operations and innovative cannabis products. Licensed cannabis activity is legal in the states Planet 13 operates in but remains illegal under U.S. federal law. Planet 13's shares trade on the Canadian Securities Exchange (CSE) under the symbol PLTH and are quoted on the OTCQX under the symbol PLNH. To learn more, visit For Further Inquiries, Please Contact: LodeRock Advisors Inc., Planet 13 Investor Robert Groesbeck or Larry SchefflerCo-Chief Executive Officersir@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Business
- Yahoo
Heidmar Maritime Holdings Corp. Reports Results For the Quarter Ended March 31, 2025
ATHENS and NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Heidmar Maritime Holdings Corp. (the "Company" or "Heidmar") (NASDAQ: HMR) today reported its results for the quarter ended March 31, 2025. First Quarter 2025 Highlights Total net revenues of $5.8 million. Net loss attributable to shareholders of $6.0 million or $0.1 per share Adjusted net income(1)attributable to shareholders for the quarter of $875,194 or $0.02 income per share, excluding non-cash expense of $3.9 million relating to the fair value of the earnout shares that will be issued to certain of the Company's shareholders upon the satisfaction of certain conditions set forth in the business combination agreement with MGO Global Inc, the non-cash bonus of stock based compensation of $1.5 million and the amortization of Heidmar's 2025 Equity Incentive Plan of $1.5 million. Adjusted EBITDA (1)of $1.2 million. (1) Adjusted EBITDA, Adjusted net income attributable to shareholders and Adjusted income per share attributable to shareholders are not measurements recognized under US GAAP (GAAP) and should not be used in isolation or as a substitute for Heidmar's financial results presented in accordance with GAAP. See 'Non-GAAP Financial Measures' later in this Press Release for the definitions and reconciliation of these measurements to the most directly comparable financial measures calculated and presented in accordance with GAAP. FIRST QUARTER 2025 RESULTS COMPARED TO FIRST QUARTER 2024 The total revenues earned mainly from commissions, management fees and time charter hires were $5.8 million for the three months ended March 31, 2025, down $2.8 million from $8.6 million in the same period of 2024, primarily due to the decrease in the number of vessels under management and the termination of two time-charter syndication agreements. Pankaj Khanna, Chief Executive Officer of Heidmar, commented: "Q1 is the first quarter we are releasing our results after the business acquisition with MGO and the results reflect the accounting treatment of the deal, annual performance bonuses and the long-term equity incentive plan. Excluding these effects, the business environment was quite challenging in the quarter. The uncertainty created by the constant news flow and tariffs led to a decline in freight rates for tankers. With freight rates declining, asset prices have also trended down to varying degrees based on the age of the vessel with older vessels seeing significant decline to the tune of 30-35% as compared to the summer of 2024. The decline in asset values has seen new players entering the market looking for services on technical and commercial management, and we are working closely with some investors to take advantage of this opportunity and close deals. Levels for time chartering (leasing) crude and product tankers for short to medium term charters have also softened and present an opportunity for us to rebuild our Time Charter book. We are actively bidding on some modern vessels for medium term charters and hope to conclude 1-2 ships in the coming months. For the future, we remain committed to our stated strategy of two main lines of business i.e. maritime services for bulk shipping and select specialist sectors, and project development with investors where Heidmar arranges deals to acquire assets with investors where we coinvest and provide commercial, technical, or corporate services. We are working on growth opportunities on both lines of the business and hope to conclude deals within the second half of the year.' Conference Call details: Our management team will host a conference call to discuss our financial results on Wednesday, June 11, 2025, at 8:00 a.m. Eastern Time (ET). Participants should dial into the call 10 minutes before the scheduled time using the following numbers: +1 877 405 1226 (US Toll-Free Dial In) or +1 201 689 7823 (US and Standard International Dial In), or +0 800 756 3429 (UK Toll Free Dial In). Please quote 'Heidmar' to the operator and/or conference ID 13754281. Click here for additional participant International Toll-Free access numbers. Alternatively, participants can register for the call using the call me option for a faster connection to join the conference call. You can enter your phone number and let the system call you right away. Click here for the call me option. Slides and audio webcast: There will also be a live, and then archived, webcast of the conference call and accompanying slides, available through the Company's website. To listen to the archived audio file, visit and click on Financials & Presentations. Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast. About Heidmar, Inc. Celebrating its 40th anniversary this year, Heidmar is an Athens based, commercial and pool management business servicing the crude and product tanker market and is committed to safety, performance, relationships and transparency. With operations in Athens, London, Singapore, Chennai, Hong Kong and Dubai, Heidmar has a reputation as a reliable and responsible partner with a goal of maximizing our customers' profitability. Heidmar seeks to offer vessel owners a "one stop" solution for all maritime services in the crude oil, refined petroleum products and dry bulk shipping sectors. Heidmar believes its unique business model and extensive experience in the maritime industry allows the Company to achieve premier market coverage and utilization, as well as provide customers in the sector with seamless commercial transportation services. For more information, please visit Forward-Looking Statements This release contains certain forward-looking statements within the meaning of the federal securities laws with respect to the Company. All statements other than statements of historical facts contained in this press release, including statements regarding the Company's future results of operations and financial position, business strategy, prospective costs, timing and likelihood of success, plans and objectives of management for future operations, future results of current and anticipated operations of Heidmar are forward-looking statements. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, Company management's examination of historical operating trends, data contained in the Company's records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the Company's control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. In addition to these important factors, other important factors that, in the Company's view, could cause actual results to differ materially from those discussed in the forward-looking statements include unforeseen liabilities, expansion and growth of the Company's operations, the failure of counterparties to fully perform their contracts with the Company, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for tanker or drybulk vessel capacity, changes in the Company's operating expenses, demand for the Company's managed fleet, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general international geopolitical conditions and conflicts, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off‐hires, and other factors. Please see the Company's filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond the Company's control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company does not give any assurance that it will achieve its expectations. CONTACT INFORMATION: Investor Relations/Media Contact: Nicolas Bornozis / Daniela GuerreroCapital Link, Inc.230 Park Avenue, Suite 1540New York, N.Y. 10169Tel.: (212) 661-7566Email: heidmar@ HEIDMAR MARITIME HOLDINGS TABLES Explanatory Note On February 20, 2025, Heidmar Maritime Holdings Corp.'s (the 'Company') common shares commenced trading on the Nasdaq Capital Market, or Nasdaq, under the symbol 'HMR' through a business combination transaction involving Heidmar Inc. ('HMI') and MGO Global Inc. ('MGO'), a Nasdaq-listed company. The Company and HMI are entities under common control. Pursuant to U.S. generally accepted accounting principles ('U.S. GAAP'), this transaction is accounted for as a business acquisition, with Heidmar Inc. being the accounting acquirer and MGO the acquired entity. Accordingly, the historical interim financial information of Heidmar Inc. has been carried forward as the historical interim financial information of the Company. The interim financial information for the three months ended March 31, 2025, includes the results of operations and financial position of Heidmar Maritime Holdings Corp. and its subsidiaries, Heidmar Inc. and MGO. Comparative interim financial information for the three months ended March 31, 2024, reflects only the historical financial results of Heidmar Inc., the accounting acquirer. The results of MGO for the comparative period are not presented within the comparative financial information, as MGO is accounted for as the acquired entity and its historical interim financial information do not constitute the predecessor interim financial information of the Company. The Company consolidates MGO from the date of acquisition forward. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS Three months ended March 31, 2025 Three months ended March 31, 2024 Revenues: Trade revenues $834,047 $680,643 Trade revenues – related parties $1,504,138 $2,580,653 Time charter revenues $3,235,407 $4,700,982 Syndication income, related party – $664,621 Revenues, net $262,471 – Total revenues $5,836,063 $8,626,899 Expenses/(Income): Cost of revenues $61,941 – Voyage expenses $8,495 $624,963 Gain on inventories $(174,453) – Operating lease expenses $2,441,721 $2,453,428 Charter-in expenses – $931,912 Other operating income $(728,004) – General and administrative expenses $6,087,186 $2,235,063 Depreciation and amortization of intangible asset $19,328 $5,087 Total expenses $7,716,214 $6,250,453 Operating (loss)/income $(1,880,151) $2,376,446 Other income / (expenses), net: Interest income, net $130,131 $98,278 Interest income – related parties $5,060 – Foreign exchange gains / (losses) $54,706 $(140,995) Finance costs $(407,450) $(523,450) Finance costs, related party – $83,660 Share of loss from joint venture $(49,439) – Other expenses, net $(3,885,877) – Total other expenses, net $(4,152,869) $(649,787) Net (loss)/income from continuing operations – controlling interest $(6,033,020) $1,726,659 Net loss from discontinued operations $(100) – Net (loss)/income $(6,033,120) $1,726,659 UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEET DATA March 31, 2025 December 31, 2024 ASSETS (unaudited) (audited) Cash and cash equivalents $ 19,159,218 $ 20,029,506 Other current assets 12,553,255 10,222,269 Investment in joint venture 76,544 1,569,573 Other noncurrent assets 15,721,579 5,300,148 Total assets $ 47,510,596 $ 38,121,496 LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable $ 3,581,534 $ 1,730,308 Other liabilities 18,153,057 18,175,778 Total stockholders' equity 25,776,005 18,215,410 Total liabilities and stockholders' equity $ 47,510,596 $ 38,121,496 OTHER FINANCIAL DATA (unaudited) Three months ended March 31, 2025 2024 Net cash provided by operating activities $ 3,131,604 4,320,529 Net cash provided by/(used in) investing activities 3,618,932 (184,171 ) Net cash used in financing activities $ (8,047,766 ) (19,217 ) NON-GAAP FINANCIAL MEASURES Reconciliation of Net (Loss) / Income to Adjusted EBITDA (In U.S. Dollars) Q1 2025 Q1 2024 Net (loss) / income (6,033,120 ) 1,726,659 Interest and finance cost, net 272,259 508,832 Depreciation and amortization 19,328 5,087 EBITDA (5,741,533 ) 2,240,578 Stock-based compensation 2,990,547 - Non-cash expense relating to the fair value of the earnout shares 3,917,767 - Adjusted EBITDA 1,166,781 2,240,578 Adjusted EBITDA reconciliation:Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA") represents the sum of net (loss)/income, interest and finance costs, net, depreciation and amortization and, if any, income taxes during a period. EBITDA is not a recognized measurement under U.S. GAAP. Adjusted EBITDA represents EBITDA adjusted to exclude stock-based compensation and the non-cash expense relating to the fair value of the earnout shares, which the Company believes are not indicative of the ongoing performance of its core operations. We present EBITDA and Adjusted EBITDA as we believe that these measures are useful to investors as a widely used means of evaluating operating profitability. Management also uses these non-GAAP financial measures in making financial, operating and planning decisions and in evaluating the Company's performance. EBITDA and Adjusted EBITDA as presented here may not be comparable to similarly titled measures presented by other companies. These non-GAAP measures should not be considered in isolation from, as a substitute for, or superior to, financial measures prepared in accordance with U.S. GAAP. Reconciliation of Net (Loss)/ Income attributable to shareholders to Adjusted Net Income(In U.S. Dollars) Q1 2025 Q1 2024 Net (loss) / income (6,033,120 ) 1,726,659 Unrealized expense relating to Fair value adjustment of earnout Shares 3,917,767 - Stock based compensation 2,990,547 - Adjusted net income 875,194 1,726,659 Heidmar considers Adjusted net income attributable to shareholders, to represent net loss/ income before non-cash loss on the fair value adjustments of the earnout shares and amortization of stock-based compensation. We have included herein Adjusted fair value of earnout shares and amortization of stock based compensation because we believe they assist our management and investors by increasing the comparability of the Company's fundamental performance from period to period by excluding the potentially disparate effects between periods of unrealized loss on the fair value adjustments of the earnout shares and amortization of stock based compensation which may significantly affect results of operations between periods. Adjusted net income attributable to shareholders and Adjusted income per share attributable to shareholders do not represent and should not be considered as an alternative to net loss/ income attributable to shareholders or loss per share attributable to shareholders, as determined by GAAP. The Company's definition of Adjusted net income attributable to shareholders and Adjusted income per share attributable to shareholders may not be the same as that used by other companies in shipping or other industries. Adjusted net income attributable to shareholders and Adjusted income per share attributable to shareholders are not adjusted for all non-cash income and expense items that are reflected in our statement of cash in to access your portfolio
Associated Press
07-06-2025
- Business
- Associated Press
Empress Grants Stock Options and Equity Incentives
VANCOUVER, BC / ACCESS Newswire / June 6, 2025 / Empress Royalty Corp. (TSXV:EMPR)(OTCQX:EMPYF) ('Empress Royalty' or the 'Company') announces that the Board of Directors has approved the granting of 1,400,000 incentive stock options (the 'Options') to purchase an aggregate of 1,400,000 common shares (the 'CommonShares') of the Company to certain directors, officers, employees, and consultants of the Company. Each Option is exercisable into one Common Share at an exercise price of $0.68, being the closing market price of Empress' common shares on June 6, 2025. The Options will vest as to one-third on the date of grant, one-third one year from the date of grant, and one-third two years from the date of grant and will expire on June 6, 2030. All stock option grants will be governed by the Company's Stock Option Plan which was approved by the shareholders of the Company at its last annual meeting of shareholders held on June 26, 2024. In addition, the Board of Directors has also approved the granting of 1,750,000 restricted share units ('RSUs') and 650,000 deferred share units ('DSUs') to certain directors, officers and consultants of the Company. Each of the RSUs and DSUs will vest equally over two years, with the first vesting date occurring June 6, 2026. Upon vesting, each RSU and DSU represents the right to receive one common share in the capital of the Company in accordance with the Company's Equity Incentive Plan, which was last approved by the shareholders of the Company at its annual meeting of shareholders held on September 28, 2022. ABOUT EMPRESS ROYALTY CORP. Empress is a global royalty and streaming creation company providing investors with a diversified portfolio of gold and silver investments. Empress has built a portfolio of precious metal investments and is actively investing in mining companies with development and production stage projects who require additional non-dilutive capital. The Company has strategic partnerships with Endeavour Financial and Terra Capital which allow Empress to not only access global investment opportunities but also bring unique mining finance expertise, deal structuring and access to capital markets. Empress is looking forward to continuously creating value for its shareholders through the proven royalty and streaming models. ON BEHALF OF EMPRESS ROYALTY CORP. Per: Alexandra Woodyer Sherron, CEO and President For further information, please visit our website at or contact us by email at [email protected] or by phone at +1.604.331.2080. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. The information contained herein includes 'forward-looking statements' and 'forward looking information' as defined under applicable Canadian securities laws ('forward-looking statements'). Forward-looking statements and information can generally be identified by the use of terms such as 'may', 'will', 'should', 'expect', 'intend', 'estimate' ,"continue', 'believe', 'plans', 'anticipate' or similar terms. Forward-looking information and statements include, but are not limited to, statements with respect to the activities, events or developments that Empress Royalty Corp. ('Empress' or the 'Company') expects or anticipates will or may occur in the future, including those regarding future growth and ability to create new streams or royalties, the development and focus of the Company , its acquisition strategy, the plans and expectations of the operators of the projects underlying its interests, including the proposed advancement and expansion of such projects; the results of exploration, development and production activities of the operators of such projects; and the Company's expectations regarding future revenues. Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about Empress's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions and although the assumptions made by the Company in providing forward-looking information and statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of Empress to differ materially from any projections of results, performances and achievements of Empress including, without limitation, any inability of the operators of the properties underlying the Company's royalty and stream interests to execute proposed plans for such properties or to achieve planned development and production estimates and goals, risks related to the operators of the projects in which the Company holds interests, including the successful continuation of operations at such projects by those operators, risks related to exploration, development, permitting, infrastructure, operating or technical difficulties on any such projects, risks related to international operations, government relations and environmental regulation, uncertainty relating to the availability and costs of financing needed in the future and the Company's ability to carry out its growth plans as well as the impact of the COVID-19 pandemic and other related risks and uncertainties. For a discussion of important factors which could cause actual results to differ from forward-looking statements, refer to the annual information form of Empress for the year ended December 31, 2024 and its other publicly filed documents under its profile at . Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and statements, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information and statements. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws. Disclosure relating to properties in which Empress holds royalty or stream interests is based on information publicly disclosed by the owners or operators of such properties. The Company generally has limited or no access to the properties underlying its interests and is largely dependent on the disclosure of the operators of its interests and other publicly available information. The Company generally has limited or no ability to verify such information. Although the Company does not have any knowledge that such information may not be accurate, there can be no assurance that such third-party information is complete or accurate. In addition, certain information publicly reported by operators may relate to a larger property than the area covered by the Company's interest, which often may only apply to a portion of the overall project area or applicable mineral resources or reserves. SOURCE: Empress Royalty Corp. press release
Yahoo
07-06-2025
- Business
- Yahoo
Empress Grants Stock Options and Equity Incentives
VANCOUVER, BC / / June 6, 2025 / Empress Royalty Corp. (TSXV:EMPR)(OTCQX:EMPYF) ("Empress Royalty" or the "Company") announces that the Board of Directors has approved the granting of 1,400,000 incentive stock options (the "Options") to purchase an aggregate of 1,400,000 common shares (the "CommonShares") of the Company to certain directors, officers, employees, and consultants of the Company. Each Option is exercisable into one Common Share at an exercise price of $0.68, being the closing market price of Empress' common shares on June 6, 2025. The Options will vest as to one-third on the date of grant, one-third one year from the date of grant, and one-third two years from the date of grant and will expire on June 6, 2030. All stock option grants will be governed by the Company's Stock Option Plan which was approved by the shareholders of the Company at its last annual meeting of shareholders held on June 26, 2024. In addition, the Board of Directors has also approved the granting of 1,750,000 restricted share units ("RSUs") and 650,000 deferred share units ("DSUs") to certain directors, officers and consultants of the Company. Each of the RSUs and DSUs will vest equally over two years, with the first vesting date occurring June 6, 2026. Upon vesting, each RSU and DSU represents the right to receive one common share in the capital of the Company in accordance with the Company's Equity Incentive Plan, which was last approved by the shareholders of the Company at its annual meeting of shareholders held on September 28, 2022. ABOUT EMPRESS ROYALTY CORP. Empress is a global royalty and streaming creation company providing investors with a diversified portfolio of gold and silver investments. Empress has built a portfolio of precious metal investments and is actively investing in mining companies with development and production stage projects who require additional non-dilutive capital. The Company has strategic partnerships with Endeavour Financial and Terra Capital which allow Empress to not only access global investment opportunities but also bring unique mining finance expertise, deal structuring and access to capital markets. Empress is looking forward to continuously creating value for its shareholders through the proven royalty and streaming models. ON BEHALF OF EMPRESS ROYALTY CORP. Per: Alexandra Woodyer Sherron, CEO and President For further information, please visit our website at or contact us by email at info@ or by phone at +1.604.331.2080. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. The information contained herein includes "forward-looking statements" and "forward looking information" as defined under applicable Canadian securities laws ("forward-looking statements"). Forward-looking statements and information can generally be identified by the use of terms such as "may", "will", "should", "expect", "intend", "estimate" ,"continue", "believe", "plans", "anticipate" or similar terms. Forward-looking information and statements include, but are not limited to, statements with respect to the activities, events or developments that Empress Royalty Corp. ("Empress" or the "Company") expects or anticipates will or may occur in the future, including those regarding future growth and ability to create new streams or royalties, the development and focus of the Company , its acquisition strategy, the plans and expectations of the operators of the projects underlying its interests, including the proposed advancement and expansion of such projects; the results of exploration, development and production activities of the operators of such projects; and the Company's expectations regarding future revenues. Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about Empress's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions and although the assumptions made by the Company in providing forward-looking information and statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of Empress to differ materially from any projections of results, performances and achievements of Empress including, without limitation, any inability of the operators of the properties underlying the Company's royalty and stream interests to execute proposed plans for such properties or to achieve planned development and production estimates and goals, risks related to the operators of the projects in which the Company holds interests, including the successful continuation of operations at such projects by those operators, risks related to exploration, development, permitting, infrastructure, operating or technical difficulties on any such projects, risks related to international operations, government relations and environmental regulation, uncertainty relating to the availability and costs of financing needed in the future and the Company's ability to carry out its growth plans as well as the impact of the COVID-19 pandemic and other related risks and uncertainties. For a discussion of important factors which could cause actual results to differ from forward-looking statements, refer to the annual information form of Empress for the year ended December 31, 2024 and its other publicly filed documents under its profile at Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and statements, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information and statements. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws. Disclosure relating to properties in which Empress holds royalty or stream interests is based on information publicly disclosed by the owners or operators of such properties. The Company generally has limited or no access to the properties underlying its interests and is largely dependent on the disclosure of the operators of its interests and other publicly available information. The Company generally has limited or no ability to verify such information. Although the Company does not have any knowledge that such information may not be accurate, there can be no assurance that such third-party information is complete or accurate. In addition, certain information publicly reported by operators may relate to a larger property than the area covered by the Company's interest, which often may only apply to a portion of the overall project area or applicable mineral resources or reserves. SOURCE: Empress Royalty Corp. View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
