m_and_a
confidence high
sentiment positive
materiality 0.75
Streamex acquires 9.9% stake in Empress Royalty for $12.2M at $5.00 STEX premium
Streamex Corp.
- Acquired 12.7M Empress shares from Terra Capital in exchange for 2.44M STEX restricted shares.
- Implied STEX price of $5.00/share, a premium to market; aggregate value US$12.2M.
- Deal provides direct exposure to gold and silver royalty and streaming assets.
- Seller Terra Capital Natural Resources Fund Pty Ltd. becomes long-term institutional partner.
- Shares issued in unregistered private placement; no underwriters involved.
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