Ero Copper Corp. announced that it has entered into a definitive Precious Metals Purchase Agreement with RGLD Gold AG, a wholly owned subsidiary of Royal Gold Inc., in relation to gold production from the NX Gold Mine, located in Mato Grosso, Brazil. TRANSACTION DETAILS: Upfront cash consideration of USD 100 million for the purchase of 25% of gold produced until 93,000 ounces of gold have been delivered, decreasing to 10% of gold produced over the remaining life of mine; Royal Gold will make ongoing payments equal to 20% of the prevailing spot gold price for each ounce of gold delivered until 49,000 ounces of gold have been received, after which it will pay 40% of the prevailing spot gold price for each ounce of gold delivered; An additional amount of up to USD 10 million will be payable to the company subject to certain performance conditions related to planned exploration drilling and increases to the NI 43-101 compliant Measured and Indicated mineral resources of the NX Gold Mine.