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 [...]
Elemental Royalties Corp. is pleased to announce that it is changing its name to "Elemental Altus Royalties Corp.". The name change follows the completion of the Company's share-for-share merger of equals with Altus Strategies Plc, announced on August 16, 2022, and was overwhelmingly approved by the Company's shareholders at the Company's Annual General and Special Meeting held on August 8, 2022. The name change is [...]
Elemental Royalties Corp. is pleased to announce the completion of the previously announced share-for-share merger of equals with Altus Strategies plc to create a global gold royalty champion. The Merger has created a diversified and scalable royalty company well positioned to acquire further high-quality, producing royalty and streaming assets and to serve as a platform for further consolidation in the royalty sector [...]
Elemental Royalties Corp. is pleased to announce its operating and financial results for the three months ended June 30, 2022. For complete details please refer to the Financial Statements and associated Management Discussion and Analysis for the three months ended June 30, 2022, available on SEDAR or the Company's website . Frederick Bell, CEO of Elemental commented: "The announcement of the merger-of-equals with Altus [...]
Elemental Royalties Corp. , a diversified gold royalty company focused on quality, accretive and revenue-generating acquisitions across established and emerging mining regions, is pleased to announce the voting results from its Annual General and Special Meeting held on August 8, 2022. Each of the resolutions approved at the meeting were described in detail in the Company's management information circular dated July 8 [...]
Elemental Royalties Corp. is pleased to announce that it has received first gold deliveries under the gold purchase and sale agreement with Rambler Metals and Mining Canada Limited, a wholly owned subsidiary of Rambler Metals & Mining Plc , the owner of the Ming Copper-Gold Mine in Newfoundland and Labrador in Canada. In parallel, Elemental's 1% Net Smelter Return royalty on the Mercedes Gold Mine is now payable [...]
The boards of Elemental Royalties and Altus Strategies are pleased to announce they have reached agreement on the terms and conditions of a recommended share-for-share merger of equals of Elemental and Altus with the entire issued and to be issued share capital of Altus being acquired by Elemental. It is intended that the Merger will be implemented by way of a court-sanctioned scheme of arrangement under Part 26 of the [...]
Elemental Royalties Corp. is pleased to announce its operating and financial results for the three months ended March 31, 2022. For complete details please refer to the Financial Statements and associated Management Discussion and Analysis for the three months ended March 31, 2022, available on SEDAR or the Company's website . Frederick Bell, CEO of Elemental commented: "The timing of the unsolicited approach that [...]
Elemental Royalties Corp. is pleased to provide an update regarding developments at several assets in its high-quality royalty and stream portfolio including producing assets Ming, Karlawinda, Wahgnion, and Amancaya. Highlights Measured and Indicated Gold Resource increases by 20,000 ounces at Ming copper-gold mine Reserve and Resource update at Karlawinda due to be published in H2 2022 Aggressive exploration continuing [...]