Ms. Alexandra Sherron reports

EMPRESS ROYALTY ANNOUNCES APPOINTMENT OF VICE PRESIDENT CORPORATE DEVELOPMENT

Empress Royalty Corp. has appointed Nora Pincus as vice-president, corporate development, of the company.

"I am pleased to welcome Nora Pincus to the Empress team as vice-president, corporate development," stated Alexandra Woodyer Sherron, chief executive officer and president of Empress Royalty. "Nora brings a wealth of experience and proven track record of success in mining finance. Her appointment will allow us to aggressively focus on executing on our growth strategy and continuing to increase revenue generation."

Ms. Pincus has over 15 years of experience negotiating, structuring and managing large-scale mining transactions in both legal and commercial roles. Prior to joining the company, Ms. Pincus was a managing director with Nebari Partners, a private capital firm focused on the mining industry, and was previously general counsel of a multinational mining services company and partner with several international and boutique law firms. Throughout her career, Ms. Pincus has closed over $40-billion (U.S.) in transactions in the mining, metals and energy sectors and has led a number of notable global mining transactions. Ms. Pincus received a bachelor's degree from the University of Utah and a juris doctorate from the University of Denver.

In addition, in connection with her appointment, the company has granted 500,000 incentive stock option to Ms. Pincus. The options are exercisable at a price of 35 cents for a five-year term, expiring Jan. 15, 2029. One-third of the options vest immediately, with a further one-third vesting after 12 months and the balance vesting after 24 months. The granting of the options is subject to regulatory acceptance of the TSX Venture Exchange.

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-stage and production-stage projects that 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.

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