Elemental Royalty Corp.

Elemental Altus Royalties Corp. announces its operating and financial results for the quarter ended September 30, 2023. For complete details please refer to the Financial Statements and associated Management Discussion and Analysis for the three and nine months ended September 30, 2023, which can be found on the SEDAR+ website or the Company's website . Frederick Bell, CEO of Elemental Altus, commented: "The third quarter [...]

Royalty Expected to Generate Material near Term Income Elemental Altus Royalties Corp. announces the closing of the previously announced sale of the 'shovel-ready' Korali-Sud Small Scale Mining Licence & the highly prospective Lakanfla Exploration Licence to Allied Gold Corporation . The Project is located approximately 15km from Allied's Sadiola gold mine in Western Mali. Allied has announced its intention to fast-track [...]

Elemental Altus Royalties Corp. notes that Allied Gold Corporation has approved commencement of development work at the Diba gold project , which is contiguous with their flagship Sadiola gold mine in western Mali. Production at Diba is expected to commence in the first half of 2024 and the Company holds an initial 3% Net Smelter Return royalty, along with additional milestone payments. Highlights New producing royalty [...]

Elemental Altus Royalties Corp. announces that further to its news release dated August 23, 2023, the Company has completed the acquisition of two existing royalties from RCF Opportunities Fund L.P. for consideration of US$10,000,000 paid in 11,111,111 common shares of Elemental Altus at a price of C$1.20/share. Following the Acquisition, Elemental Altus has 195,990,392 common shares outstanding. The Royalties include an [...]

Elemental Altus Royalties Corp. , announces the voting results from its Annual General and Special Meeting held on September 7, 2023. Each of the resolutions approved at the meeting were described in detail in the Company's management information circular dated August 8, 2023, available on the SEDAR+ website at www.sedarplus.ca and on the Company's website at www.elementalaltus.com. Resolution Votes For Votes Against [...]

Elemental Altus Royalties Corp. announces the signing and completion of a subscription agreement with In2Metals Explorer S.à r.l. in respect of Akh Gold Ltd. . In2Metals is beneficially owned by the Egyptian Sawiris family who, through the Agreement, is underlining its commitment to invest directly and proactively into the development of Egypt's mining sector. In2metals is an affiliate of the Company's cornerstone [...]

Elemental Altus Royalties Corp. announces that it has entered into a binding agreement to acquire two existing royalties from RCF Opportunities Fund L.P. for consideration of US$10,000,000 payable in common shares of Elemental Altus . The Royalties include an aggregate 0.68% net smelter return royalty on the Cactus Project in Arizona , which is 100% owned by Arizona Sonoran Copper Company Inc. , and a 0.5% gross revenue [...]

Elemental Altus Royalties Corp. announces its operating and financial results for the quarter ended June 30, 2023. For complete details please refer to the Financial Statements and associated Management Discussion and Analysis for the three and six months ended June 30, 2023, which can be found on the SEDAR+ website or the Company's website . Second Quarter 2023 Financial Highlights: Record revenue of $2.6 million, up 25 [...]

Elemental Altus Royalties Corp. announces the generation of two new gold and copper Net Smelter Return royalties, through the execution of a Sale & Purchase Agreement for the sale of 95% of its Ethiopian focused Seychelles incorporated subsidiary Altau Resources Ltd. to Canadian incorporated ANS Exploration Corp. . Through its local branch, Altau holds a 100% interest in the 299.5 km2 Daro and 284.9 km2 Zager licences [...]

Elemental Altus Royalties Corp. announces that it has executed a Sale & Purchase Agreement with Allied Gold Corporation for the sale of the Company's 100% owned subsidiary Legend Mali III Inc. which indirectly owns 100% of the Korali-Sud Small Scale Mining Licence & Lakanfla Exploration Licence in western Mali. As consideration, Allied will pay up to US$6 million in cash and grant a Net Smelter Return royalty of up to 3 [...]