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Empress Royalty Strengthens Management and Appoints New Chief Financial Officer

Management Changes

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NEWS RELEASE | MA Y 3, 2022 | VANCOUVER , BC

EMPRESS ROYALTY STRENGTHENS MANAGEMENT

AND APPOINTS NEW CHIEF FINANCIAL OFFICER

Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) (“Empress” or the “Company”) is pleased

to announce the appointment of Janet Meiklejohn as Chief Financial Officer of the Company.

“It gives me great pleasure to welcome Janet to the Empress team as Chief Financial Officer ,”

stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty. “Her appointment is

an excellent addition to the executive team, which will further drive the execution of Empress’

business strategy and rapid growth plans. I look forward to working closely with her and the rest

of our team as we take Empress to the next level.”

Janet Meiklejohn, CPA, CA, MBA, CBV, is a highly accomplished senior financial executive with

over twenty-five years’ experience in corporate finance and institutional equity sales . Most

recently, Janet has worked as a Chief Financial Officer and as a member of the Executive

Leadership Team for several high growth companies, both public and private. As an Institutional

Equity Sales V ice President with leading Canadian investment banks , including Desjardins

Securities, National Bank, Salman Partners, and Macquarie Capital, Ms. Meiklejohn has an

established network of renowned institutional investors that focus on the mining sector. She

brings further expertise in financial reporting, strategy , valuation, governance, and c apital

markets to Empress.

Janet replaces Dan O’Brien as the Company’s CFO . The Management and Board of Directors

would like to thank Dan for his dedication and support of Empress.

ABOUT EMPRESS ROYALTY CORP.

Empress is a new royalty and streaming creation company focused on providing investors with a

diversified portfolio of gold and silver investments. Since listing in December 2020, Empress has

built a portfolio of 17 precious metal investments . The Company continues to actively invest in

mining companies with development and production stage projects that require additional non-

dilutive capital. Empress also has strategic partnerships with both Endeavour Financial and Terra

Capital. These strategic partnerships provide global investment opportunities, unique financial

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and deal structure expertise, and access to capital marke ts. Empress is looking forward to

continuously creating value for its shareholders through the proven royalty and streaming

models.

ON BEHALF OF EM PRESS ROYALTY CORP.

Alexandra Woodyer Sherron, CEO and President

For further information, please visit our website at www.empressroyalty.com or contact Kaitlin

Taylor, Investor Communications, by email at [email protected] or by phone at

+1.604.331.2080.

Neither 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 release.