Ero Copper Corp. announced that it has closed the previously announced Precious Metals Purchase Agreement (the “NX Gold Stream”) with RGLD Gold AG (“RG AG”), a wholly owned subsidiary of Royal Gold Inc. The Company has received total upfront cash consideration of USD 100 million from RG AG in exchange for 25% of gold produced from the NX Gold Mine until 93,000 ounces of gold have been delivered, decreasing to 10% of gold produced over the remaining life of mine. RG AG 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.