Common Contracts

Re: Strategic Alliance Agreement

Strictly Private and Confidential • August 6th, 2020

• Contract Type
  Strictly Private and Confidential
• Filed
  August 6th, 2020

Further to our recent discussions, we write to confirm the amendment of the August 5, 2020 Strategic Alliance Agreement (the “Agreement”) between Accendo Banco S.A. (“Accendo”) and Empress Royalty Corp. (“Empress”). We have requested these amendments in response to the requirements of the TSXV Venture Exchange (the “TSXV”) to obtain the listing of Empress’ common shares on the TSXV.