Elemental Royalty Corp.

Elemental Altus Royalties Corp. provides a portfolio update regarding developments at several assets in its high-quality royalty and stream portfolio, including at the Karlawinda gold mine, the Wahgnion gold mine and the Mercedes gold mine. Additionally, the Company announces that Sandra Bates has been appointed Corporate Secretary. Highlights Capricorn Metals continued to report positive, near-mine drill results at the [...]

Elemental Altus Royalties Corp. is pleased to announce that it has completed the previously announced acquisition of 19 royalties from a wholly owned subsidiary of First Mining Gold Corp. . Frederick Bell, CEO of Elemental Altus, commented: "We're delighted to complete this transaction and create further value for shareholders by adding high quality development stage projects to the portfolio and pairing them with our [...]

Elemental Altus Royalties Corp. notes the update regarding the Ming mine issued today by Rambler Metals and Mining plc , announcing Rambler's decision to pause operations at Ming until February 24, 2023 pending the delivery of key supplies to the mine. Rambler previously announced an efficiency improvement program in November 2022 alongside its ongoing discussions with Newgen Resources Lending Inc. with a view to a [...]

Elemental Altus Royalties Corp. announces that it has entered into a binding agreement to acquire a portfolio of 19 royalties from a wholly owned subsidiary of First Mining Gold Corp. for consideration of US$5,000,000 in cash and common shares . Acquisition Highlights 19 uncapped royalties acquired, significantly expanding the development pipeline including: 2.0% Net Smelter Return royalty on the development stage Pickle [...]

Elemental Altus Royalties Corp. announces the appointment of David Baker as Chief Financial Officer . David has over 12 years of industry experience and was most recently EVP Business Development at Elemental Altus, having joined the Company in April 2020. Previously, David provided equity capital markets advisory at Tamesis Partners LLP, and started his career at BMO Capital Markets. Frederick Bell, CEO of Elemental [...]

Elemental Altus Royalties Corp. announces it has completed its previously announced non-brokered private placement of 3,970,997 shares of Elemental at an issue price of C$1.28 per Common Share for aggregate gross proceeds of C$5,082,876.16 . The Common Shares were placed with institutional and private investors. The Company's directors and management subscribing for a total of C$905,856, representing 17.8% of the [...]

Elemental Altus Royalties Corp. is pleased to announce it has entered into an agreement with National Bank of Canada and Canadian Imperial Bank of Commerce for a revolving credit facility which allows the Company to borrow up to US$40 million , with an option to increase to US$50 million subject to satisfaction of certain conditions. Alongside the Facility, the Company announces the conversion into equity of approximately [...]

Elemental Altus Royalties Corp. announces its operating and financial results for the three and nine months ended September 30, 2022. For complete details please refer to the Financial Statements and associated Management Discussion and Analysis for the three and nine months ended September 30, 2022, available on SEDAR or the Company's website . Highlights Record Q3 Adjusted Revenue1 of US$3.4 million attributable to [...]

Elemental Altus Royalties notes the recent announcement by Capricorn Metals Limited of an increase in Ore Reserves and Mineral Resources at the producing Karlawinda gold mine in Western Australia. Elemental Altus owns a 2.0% Net Smelter Return royalty on Karlawinda. Frederick Bell, CEO of Elemental Altus, commented: "We are delighted to see an increase in resources as well as high levels of reserve replacement at the [...]

Elemental Altus Royalties announces the completion of the vend-out of its 100% owned Morocco-focused copper subsidiary Aterian Resources Ltd to Eastinco Mining and Exploration. Aterian owns a 100% interest in 15 prospective projects primarily targeting copper and silver covering 762km2. Completion of the Transaction follows the satisfaction of certain conditions precedent, including admission to trading of the entire [...]