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Royalty Management Holding Corporation Fully Redeems All Remaining Company Notes Payable

Remaining conversion of notes payable to common stock at current share prices completes the full repayment of all Notes Payable of the Company 

Company intends to maintain its debt-free balance sheet for strong growth and shareholder value 

“This is another exciting development for the Company on the heels of last week’s initial debt conversions, and this continues to show our shareholders’ confidence in our Company’s position and growth potential,” commented Thomas Sauve, Chief Executive Officer of the Company. “With all our notes repaid or redeemed, the only debt the Company now has is various vendor payables that come due under the normal course of our business.  We would like to thank our shareholders and stakeholders for their continued support of the business and we have exciting things to come.”

About Royalty Management Holding Corporation

Royalty Management Holding Corporation (NASDAQ: RMCO) is a royalty company building shareholder value to benefit both its shareholders and communities by acquiring and developing high value assets in a variety of market environments. The model is to acquire and structure cash flow streams around assets that can support the communities by monetizing the current existing cash flow streams while identifying transitionary cash flow from the assets for the future. 

For more information visit www.royaltymgmtcorp.com.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering. No assurance can be given that the matters discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those that will be set forth in the “Risk Factors” section of the Company’s filings with the SEC. The information contained in this release is as of the date first set forth above.  The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Royalty Management Holding Corporation Contact:

Thomas Sauve
Chief Executive Officer
www.royaltymgmtcorp.com
(646) 245-2465 

SOURCE: Royalty Management Holding Corporation

 

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