Elemental Royalties Completes Acquisition of Ming Gold Stream
Vancouver, British Columbia--(Newsfile Corp. - April 4, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") is pleased to announce that it has completed the previously announced acquisition of a gold purchase and sale agreement (the "Ming Gold Stream") with Rambler Metals and Mining Canada Limited, a wholly owned subsidiary of Rambler Metals and Mining PLC ("Rambler") (AIM: RMM), the owner of the Ming Copper-Gold Mine (the "Ming Mine") in Newfoundland...
2022-04-04 1:22 PM EDT
Elemental Royalties Closes $14M Private Placement of Common Shares
Vancouver, British Columbia--(Newsfile Corp. - April 1, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") today announced that it completed its previously announced non-brokered private placement of 9,275,000 common shares of Elemental ("Common Shares") at an issue price of C$1.51 per Common Share for aggregate gross proceeds of C$14,005,250 (the "Offering"). The net proceeds of the Offering will be used to fund the acquisition of a gold stream at the...
2022-04-01 7:00 AM EDT
Elemental Royalties Issues 2021 Financial Results: Record Annual Revenue Reinforces Recommendation to Reject the Hostile Bid
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") today issued its audited financial results for the fourth quarter and full year ended December 31, 2021. The audited results confirm a strong increase in revenue previously disclosed on a preliminary basis on March 17, 2021. For complete details please refer to the Financial Statements and associated Management's Discussion and Analysis for the...
2022-03-31 7:00 AM EDT
Elemental Royalties Announces Gold Stream Acquisition, Concurrent Equity Financing and 2022 Guidance
Vancouver, British Columbia--(Ne
2022-03-17 7:00 AM EDT
Elemental Royalties Announces 53% Increase in Revenue for Q4 2021
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") today announced preliminary revenue1 of approximately US$2.3 million for the fourth quarter of 2021, up approximately 53% from US$1.5 million a year earlier. The preliminary revenue is a quarterly record for Elemental and is based on sales volume of approximately 1,300 attributable gold equivalent ounces2 ("GEOs") from royalty contracts for...
2022-02-22 7:00 AM EST
Holders of a Firm Majority of Elemental Royalties Shares Still Intend to Reject Gold Royalty's Inadequate Hostile Bid
Vancouver, British Columbia--(Newsfile Corp. - February 7, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") today reported that holders of a firm majority of the Company's shares have reiterated to management that they intend to REJECT an inadequate all-share hostile takeover bid (the "Hostile Bid") by Gold Royalty Corp. Elemental disclosed in its Directors' Circular dated January 24, 2022 that management heard similar views from its shareholders....
2022-02-07 7:00 AM EST
Elemental Board of Directors Unanimously Recommends Shareholders Reject Gold Royalty's Hostile Bid
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") today announced that the Board of Directors (the "Board"), following the unanimous recommendation of a special committee of independent directors (the "Special Committee"), has unanimously determined that the all-share hostile takeover bid (the "Hostile Bid") from Gold Royalty Corp. is not in the best interests of the Company or its...
2022-01-26 7:00 AM EST
Elemental Expects 40% Increase in Successive Quarterly Revenue from Flagship Royalty on Karlawinda Mine
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") today announced that it expects an approximate 40% increase in successive quarterly revenue from production at the Karlawinda Gold Mine in Australia ("Karlawinda"), Elemental's flagship royalty asset. Revenue from Karlawinda, one of six Elemental royalties on producing assets, is estimated at US$1.1 million for the quarter ended December 31,...
2022-01-20 7:00 AM EST
Elemental Royalties Urges Shareholders to Take No Action with Respect to Unsolicited Takeover Bid by Gold Royalty
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2022) - Elemental Royalties Corp. (TSXV: ELE) OTCQX: ELEMF) ("Elemental" or "the Company") today confirmed that Gold Royalty Corp. ("Gold Royalty") has commenced a highly conditional and unsolicited all-share takeover bid (the "Offer") to acquire all out
2022-01-11 4:20 PM EST
Elemental Royalties Adopts Shareholder Rights Plan
Vancouver, British Columbia--(Newsfile Corp. - December 31, 2021) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") today announced that the board of directors of the Company (the "Board") has approved the entering into and adoption of a shareholder rights plan agreement (the "Rights Plan") by the Company. The Rights Plan is being adopted to ensure that, in the event of a take-over bid, all shareholders of the Company ("Shareholders") will be treated fairly...
2021-12-31 7:00 AM EST
Elemental Royalties Board Intends to Recommend Rejection of Gold Royalty Corp Proposed Unsolicited All-Share Takeover Bid
Vancouver, British Columbia--(Newsfile Corp. - December 23, 2021) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") today announced that after having received advice from its financial and legal advisors, the Board of Directors of Elemental (the "Board") intends to recommend that shareholders reject an unsolicited all-share takeover bid from Gold Royalty Corp. ("Gold Royalty") if and when the bid commences, assuming the terms are as proposed by Gold Royalty...
2021-12-23 12:00 PM EST
Elemental Royalties Provides Statement on Gold Royalty's Intention to Make Unsolicited Bid
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2021) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") is responding to the news release by Gold Royalty Corp. ("Gold Royalty") regarding Gold Royalty's intention to make an unsolicited offer to acquire all of the outstanding common shares of the Company. The Company's Board of Directors (the "Board") cautions shareholders that no formal offer has been made by Gold Royalty, and as such there is no...
2021-12-20 6:29 PM EST
Elemental Royalties Announces Record Revenue and Operating Cash Flow in Q3 2021 Results
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2021) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") is pleased to announce its operating and financial results for the three and nine months ended September 30, 2021. For complete details please refer to the Financial Statements and associated Management Discussion and Analysis for the three and nine months ended September 30, 2021, available on SEDAR (www.sedar.com) or the Company's website...
2021-11-16 6:00 AM EST
Elemental Royalties Receives First Royalty Payment from Karlawinda Gold Project
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2021) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") is pleased to announce that it has received its maiden quarterly royalty payment of approximately US$0.8 million from a subsidiary of Capricorn Metals Ltd ("Capricorn") (ASX: CMM). Elemental acquired an uncapped 2% NSR royalty on the Karlawinda Gold Project in February 2021. "The rapid commissioning and ramp up of production at Karlawinda in Q3...
2021-10-26 7:01 AM EDT