Empress Grants Stock Options and Equity Incentives

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NEWS RELEASE | JUNE 6, 2025 | VANCOUVER, BC

EMPRESS GRANTS STOCK OPTIONS AND EQUITY

INCENTIVES

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

“Common Shares”) 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 deve lopment 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

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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 www.empressroyalty.com 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

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under its profile at www.sedarplus.ca. 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.