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EMPR.V ·

FOR Automated Market Making Services

Marketing Announcement

WWW.EMPRESSROYALTY.COM PAGE 1

NEWS RELEASE | JUNE 4 , 202 4 | VANCOUVER , BC

EMPRESS ROYALTY ENGAGES ICP SECURITIES INC.

FOR AUTOMATED MARKET MAKING SERVICES

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

pleased to announce that it has engaged the services of ICP Securities Inc. (" ICP") to provide

automated market making services, including use of its proprietary algorithm, ICP Premium™, in

compliance with the policies and guidelines of the TSX Venture Exchange and other applicable

legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement

between the Company and ICP was signed with a start date of June 3, 2024, and is for four (4)

months (the “Initial Term”) and shall be automatically renewed for subsequent one (1) month

terms (each month called an " Additional Term") unless either party provides at least thirty (30)

days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There

are no performance factors contained in the agreement and no stock options or other

compensation in connection with the engagement. ICP and its clients may acquire an interest in

the securities of the Company in the future.

ICP is an arm's length party to the Company. ICP's market making activity will be primarily to

correct temporary imbalances in the supply and demand of the Company's shares. ICP will be

responsible for the costs it incurs in buying and selling the Company's shares, and no third party

will be providing funds or securities for the market making activities.

ABOUT ICP SECURITIES INC.

ICP Securities Inc. is a Toronto based CIRO dealer-member that specializes in automated market

making and liquidity provision, as well as having a proprietary market making algorithm, ICP

Premium™, that enhances liquidity and quote health. Established in 2023, with a focus on market

structure, execution, and trading, ICP has leveraged its own proprietary technology to deliver

high quality liquidity provision and execution services to a broad array of public issuers and

institutional investors.

WWW.EMPRESSROYALTY.COM PAGE 2

ABOUT EMPRESS ROYALTY CORP.

Empress is a global royalty and streaming creation company providing investors with a diversified

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

portfolio of precious metal investments and is actively investing in mining companies with

development and production sta ge 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 www.empressroyalty.com or contact Natasha

Frakes, Vice President Investor Relations, at [email protected] or +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, in cluding 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 p roposed 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 t o 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

WWW.EMPRESSROYALTY.COM PAGE 3

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, 2022 and its other publicly filed documents

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 .