Mr. Alexandra Sherron reports

EMPRESS ANNOUNCES CLOSING OF ACQUISITION OF NORTH AMERICAN ROYALTY PORTFOLIO

Empress Royalty Corp. has closed the previously announced acquisition of a portfolio of 14 preproduction net smelter return (NSR) royalties from Almadex Minerals Ltd., pursuant to a royalty purchase agreement dated July 9, 2026. The royalty portfolio adds diversified royalty exposure across mineral properties in Canada, the United States and Mexico, supported by established operators including Alamos Gold, McEwen Inc., Kodiak Copper and Westhaven Gold.

"With approximately $20-million (U.S.) in cash, gold and silver, Empress has the financial strength to pursue opportunities across the mining life cycle while continuing to build on the producing portfolio that generates cash flow today," said Alexandra Woodyer Sherron, chief executive officer and president of Empress. "Closing this acquisition has expanded our exposure to exploration and development assets, added long-term optionality and exposure to future discoveries and project advancement alongside our cash generating assets at the foundation of our business."

Full details of the royalty portfolio and the terms of the transaction are set out in the company's news release dated July 10, 2026, available on the company's website and under the company's profile on SEDAR+. The common shares issued to Almadex as part of the consideration are subject to a statutory hold period of four months and one day from closing, in accordance with applicable Canadian securities laws. The transaction has received all necessary corporate and regulatory approvals, including the approval 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. Empress has built a portfolio of precious metal investments and is actively investing in mining companies that require additional non-dilutive capital. The company has a strategic partnership with Endeavour Financial, which allows Empress to access global investment opportunities while benefiting from mining finance expertise and deal structuring. Empress is focused on continuously creating long-term shareholder value through the proven royalty and streaming business model.

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