Mr. David Cole reports

EMX ROYALTY ACQUIRES SHARES AND WARRANTS OF MILLROCK RESOURCES INC.

EMX Royalty Corp. has acquired ownership of 7,142,857 common shares (representing 9.4 per cent of the outstanding shares) and warrants to purchase an additional 7,142,857 common shares of Millrock Resources Inc. of Vancouver, Canada. If the warrants are exercised, EMX will have ownership of 14,285,714 common shares (representing 17.5 per cent of Millrock's then outstanding common shares). The acquisition was made pursuant to a private placement of units, with each unit consisting of one common share and one warrant to purchase a further common share, at a price of 14 cents per unit (for a total investment of $1-million by EMX), which closed today. Prior to the private placement, EMX did not own any securities of Millrock.

The shares and warrants were acquired for investment purposes under the prospectus exemption set out in Section 2.10, Minimum Amount Investment, of National Instrument 45-106, Prospectus Exemptions, of the Canadian Securities Administrators. Presently, EMX does not have any intention of acquiring any further securities of Millrock but may acquire ownership of or control over further securities in the future depending upon market and other circumstances.

EMX has filed an early warning report with the British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec and Nunavut securities commissions in respect of the acquisition. Copies of the report may be obtained from SEDAR or without charge from EMX's corporate secretary, Lori Pavle (604-688-6390).

About EMX Royalty Corp.

EMX is a precious metal and base metal royalty company. EMX's investors are provided with discovery, development and commodity price optionality, while limiting exposure to the risks inherent to operating companies.

We seek Safe Harbor.