StocksMedium18 September 2026
1 min read

Empress Royalty Resumes Trading After $62M Gold Acquisition and $75M Financing

Key Facts

1Empress Royalty announced that trading of its common shares is scheduled to resume on September 18, 2026, following a halt by CIRO.
2The trading halt was related to the announcement of a $62M gold stream acquisition on the Tongon Gold Mine and a $75M debt financing.

In a move reflecting the expansion of asset portfolios within the mining sector, Empress Royalty announced the resumption of trading for its common shares on September 18, 2026. This follows a temporary trading halt imposed by the Canadian Investment Regulatory Organization (CIRO). According to reports, the halt was necessary to allow for the orderly dissemination of significant corporate news regarding the company's growth.

The core developments triggering the halt involved the acquisition of a gold stream on the Tongon Gold Mine valued at $62 million, alongside a $75 million debt financing package. Based on the provided facts, the transaction involved Appian Tongon Streamco Ltd. This financing and acquisition strategy is aimed at significantly scaling the company's presence in the precious metals royalty and streaming space.

Monitoring market performance, APPN shares stood at $38.11 at the close of September 17, 2026, fluctuating between a day low of $36.24 and a high of $38.75 per market data. As trading resumes, investors will look to the impact of the new debt structure on long-term valuation, noting that Canadian core inflation data remained steady at 2.4% as of September 14.