Form 51-102F3
MATERIAL CHANGE REPORT
Item 1. Name & Address of Company
EMX ROYALTY CORPORATION ("EMX" or the "Company")
Suite 501 - 543 Granville Street
Vancouver, British Columbia
V6C 1X8
Item 2. Date of Material Change
April 29, 2022
Item 3. News Release
A news release dated April 29, 2022, was disseminated through the facilities of Newsfile Corp. and filed under the Company's profile on SEDAR on April 29, 2022.
Item 4. Summary of Material Change
The Company announced that pursuant to the Company's Stock Option Plan, an aggregate of 1,859,500 incentive stock options, exercisable at a price of $2.56 per share for a period of five years, has been granted to officers, directors, employees, and consultants of the Company. The Company has also granted an aggregate of 520,000 restricted shares units ("RSU") with a 3-year cliff vesting provision to officers, directors and key employees.
Item 5. Full Description of Material Change
Item 5.1 Full Description of Material Change
See attached news release at Schedule "A" to this report.
Item 5.2 Disclosure for Restructuring Transactions
Not applicable
Item 6. Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
Not applicable.
Item 7. Omitted Information
None.
Item 8. Executive Officer
Rocio Echegaray, Corporate Secretary
Phone: 604-688-6390
Email: rocio@EMXRoyalty.com
Item 9. Date of Report:
April 29, 2022
Schedule "A"
EMX Royalty Grants Incentive Stock Options and RSUs
Vancouver, British Columbia, April 29, 2022 (NYSE American: EMX; TSX Venture: EMX; Frankfurt: 6E9) - EMX Royalty Corporation (the "Company" or "EMX") announces that pursuant to the Company's Stock Option Plan, incentive stock options (the "Options") to purchase an aggregate of 1,859,500 common shares, exercisable at a price of C$2.56 per share for a period of five years, has been granted to officers, directors, employees and consultants of the Company.
In addition, the Company has granted an aggregate of 520,000 restricted shares units ("RSU") with a 3-year cliff vesting provision to officers, directors, and key employees, subject to any applicable stock exchange approvals and vesting requirements. Each RSU will entitle the holder to acquire, for nil cost, between zero and 1.5 common shares of the Company, subject to the achievement of performance conditions relating to the Company's total shareholder return, and certain operational milestones.
About EMX. EMX is a precious, base and battery metals royalty company. EMX's investors are provided with discovery, development, and commodity price optionality, while limiting exposure to risks inherent to operating companies. The Company's common shares are listed on the NYSE American Exchange and the TSX Venture Exchange under the symbol EMX, and also trade on the Frankfurt exchange under the symbol "6E9". Please see www.EMXroyalty.com for more information.
For further information contact:
David M. Cole President and Chief Executive Officer
Phone: (303) 973-8585 Dave@EMXroyalty.com | Scott Close Director of Investor Relations Phone: (303) 973-8585 SClose@EMXroyalty.com | Isabel Belger Investor Relations (Europe) Phone: +49 178 4909039 Ibelger@EMXroyalty.com |
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Suite 501 - 543 Granville Street, Vancouver, British Columbia V6C 1X8, Canada
Tel: (604) 688-6390 Fax: (604) 688-1157
www.eurasianminerals.com
