Elemental Altus Royalties Announces Record Quarterly Cash Flow and EBITDA
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") announces its operating and financial results, including record quarterly cash flow and EBITDA, for the three and nine months ended September 30, 2024. For the full year 2024, based on recent forecasts and performance by operators, Elemental has fine-tuned its guidance range for adjusted revenue and reduced its guidance range for...
2024-11-18 4:30 PM EST
Elemental Altus Royalties Announces Expanded Revolving Credit Facilty
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces the signing of an amendment (the "Amendment") to its Credit Facility (the "Facility") exercising the US$10 million accordion feature. Accordingly, the credit approved borrowing limit has been increased to US$50 million. Elemental Altus is pleased to announce Royal Bank of Canada ("RBC") as a new lender on the facility,...
2024-11-14 7:00 AM EST
Elemental Altus Royalties to Release Q3 2024 Results on November 18, 2024
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") will release its Q3 2024 results on Monday, November 18, 2024.An investor webcast will be held on Tuesday, November 19, 2024 starting at 11am Eastern Time (8am Pacific Time) to discuss these results, followed by a question-and-answer session.To register for the investor webcast, please click the link below:...
2024-11-12 7:30 AM EST
Elemental Altus Notes Planned 30% Production Expansion at Cornerstone Karlawinda Royalty
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") notes the announcement by Capricorn Metals Ltd (ASX: CMM) ("Capricorn") of a material production expansion at the Karlawinda Gold Project ("Karlawinda") where Elemental Altus holds an uncapped 2.0% Net Smelter Return ("NSR") royalty. Capricorn are targeting annual gold production of 150,000 ounces, driven by an increase of total...
2024-10-30 9:20 AM EDT
Elemental Altus Announces Annual General and Special Meeting and Director Nominees, Adopts Advance Notice Policy for Shareholder Meetings
Vancouver, British Columbia--(Newsfile Corp. - October 29, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) (the "Company") is pleased to announce that the Company will hold its Annual General and Special Meeting (the "Meeting") of shareholders on November 28, 2024 at 10:00 a.m. (Vancouver time) at Suite 1020 - 800 West Pender Street, Vancouver, British Columbia, V6C 2V6. The purpose of the Meeting will be, among other things, to elect the Company's board of directors (the...
2024-10-29 5:00 PM EDT
Elemental Altus Announces Completion of AlphaStream Transaction and La Mancha Private Placement, Appointment of Director
Vancouver, British Columbia--(Newsfile Corp. - October 29, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") announces that further to its news release dated October 16, 2024, the Company has completed the acquisition of an additional 50% ownership of entities holding 24 existing royalties (the "Portfolio") from an affiliate of AlphaStream Limited ("AlphaStream") for consideration of US$28 million paid in 34,444,580 newly issued common...
2024-10-29 1:30 PM EDT
Elemental Altus Notes La Mancha Exercise of Anti-Dilution Right and Proposed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") notes that following the announcement of an agreement to acquire a portfolio of royalties for US$28 million in Company equity (the "Transaction"), La Mancha Investments S.à r.l ("La Mancha") has notified the Company of its intent to exercise its Anti-Dilution right in full to maintain the same percentage ownership it held prior to...
2024-10-23 8:34 AM EDT
Elemental Altus to Consolidate Cash-Flowing Gold Royalty Portfolio from AlphaStream for Equity Consideration
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") is pleased to announce that it has entered into a binding agreement (the "Agreement") to acquire an additional 50% ownership of 24 existing royalties (the "Portfolio") from AlphaStream Limited ("AlphaStream") for a consideration of US$28 million in equity (the "Acquisition"). The Portfolio includes Elemental Altus' existing...
2024-10-16 8:15 AM EDT
Elemental Altus Receives Further Payments from Project Partnerships and Grants Options
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") announces the closing of the sale of its Ethiopian exploration assets to Canadian incorporated ANS Exploration Corp. ("ANS"). Alongside this, the Company has received a further US$400,000 payment from In2Metals Explorer S.à r.l ("In2Metals") relating to its August 2023 subscription for a majority stake in Akh Gold Ltd, the holder of...
2024-10-07 9:15 AM EDT
Elemental Altus Notes Agreement for Further Development at Diba Royalty
Vancouver, British Columbia--(Newsfile Corp. - September 5, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") is pleased to report that Allied Gold Corporation ("Allied") (TSX: AAUC) has recently announced a settlement of terms for a protocol agreement with the Government of Mali to secure approvals for advancing the development and processing of the Diba deposit. In addition to expected milestone payments, Elemental Altus holds a 3% NSR...
2024-09-05 5:30 PM EDT
Elemental Altus Royalties Reports Strong Q2 Results
Vancouver, British Columbia--(Newsfile Corp. - August 19, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") announces its operating and financial results for the three and six months ended June 30, 2024.For complete details, please refer to the Financial Statements and associated Management Discussion and Analysis for the three and six months ended June 30, 2024, available on SEDAR+ (www.sedarplus.ca) and the Company's website...
2024-08-19 4:30 PM EDT
Elemental Altus to Release Q2 2024 Results on August 19, 2024
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company")will release its Q2 2024 results on Monday, August 19.An investor webcast will be held on Tuesday, August 20, 2024 starting at 11:00 am ET (8:00 am PT) to discuss these results, followed by a question-and-answer session.To register for the investor webcast, please click the link below:...
2024-08-13 7:00 AM EDT
Elemental Altus Notes Major Expansion Study at Karlawinda and Announces Completion of Tungsten Royalty Acquisition
Vancouver, British Columbia--(Newsfile Corp. - August 6, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") notes the announcement by Capricorn Metals Ltd (ASX: CMM) ("Capricorn") of a major expansion study at the Karlawinda Gold Project ("Karlawinda", or "KGP"), where Elemental Altus holds an uncapped 2.0% Net Smelter Return ("NSR") royalty. The Karlawinda royalty is a cornerstone asset for Elemental Altus, contributing US$4.6 million in...
2024-08-06 8:02 AM EDT
Elemental Altus Royalties to Acquire Strategic Tungsten Royalties
Vancouver, British Columbia--(Newsfile Corp. - July 22, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") is pleased to announce that it has entered into a binding agreement (the "Agreement") to acquire two existing royalties (the "Royalties") from Cornish Metals Inc. including an uncapped 4% net smelter return ("NSR") royalty on the Mactung Project in Canada ("Mactung Project") currently being advanced by Fireweed Metals Corp...
2024-07-22 8:00 AM EDT
Elemental Altus Royalties Provides Asset and Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - July 4, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") announces continued progress at the Company's Diba royalty, further repayment of the Company's credit facility alongside its extension, portfolio payments relating to Ming and Egypt and the reduction in the number of the Company's outstanding common shares.Diba Development and ExplorationThe Company notes that alongside expected maiden...
2024-07-04 5:49 PM EDT
Elemental Altus Royalties Announces Record First Quarter Revenue
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") announces its operating and financial results for the three months ended March 31, 2024.For complete details, please refer to the Financial Statements and associated Management Discussion and Analysis for the three months ended March 31, 2024, available on SEDAR+ (www.sedarplus.ca) and the Company's website (www.elementalaltus.com). All...
2024-05-21 7:00 AM EDT
Elemental Altus Royalties Announces Acquisition of New Royalty Being Advanced by Rio Tinto Exploration
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") is pleased to announce the acquisition of up to a 1.40% net smelter return royalty ("NSR") from Aterian Plc ("Aterian") over the HCK Lithium Project in the Republic of Rwanda ("Rwanda") currently under a Joint Venture agreement with Rio Tinto Mining and Exploration Ltd ("Rio Tinto").Highlights:New 1.25%-1.40% lithium NSR royalty acquired...
2024-05-08 7:00 AM EDT
Elemental Altus Royalties 2023 Full Year Results: Record Annual Revenue, Gold Equivalent Ounces, EBITDA, and Maiden Quarterly Profit
Vancouver, British Columbia--(Newsfile Corp. - April 17, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") announces its operating and financial results for the fourth quarter and full year ended December 31, 2023.For complete details, please refer to the Financial Statements and associated Management Discussion and Analysis ("MD&A") for the year ended December 31, 2023, available on SEDAR+ (http://www.sedarplus.ca) and the Company's...
2024-04-17 8:00 AM EDT
Elemental Altus Royalties Announces 2024 Guidance, Forecasting Seventh Consecutive Year of Record Revenues
Vancouver, British Columbia--(Newsfile Corp. - April 4, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") is pleased to announce materially higher guidance for 2024 building on record Adjusted Revenue1 in 2023.Highlights2024 Guidance: 10,000 to 11,700 Gold Equivalent Ounces1 ("GEOs") representing at its midpoint a 20% increase on 2023 and an 85% increase from 2022Growth Catalysts: Organic royalty revenue growth driven by Diba and Bonikro...
2024-04-04 7:30 AM EDT
Elemental Altus Royalties Announces Record 2023 and Q4 Revenue, Beating Top End of Guidance
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") reports preliminary annual revenue and preliminary adjusted revenue of approximately US$11.7 million and US$17.8 million respectively, 70% higher than 2022, and is the sixth successive year of record revenue for the Company. Preliminary adjusted revenue is above the Company's guidance set for 2023.2023 HighlightsRecord preliminary...
2024-03-04 8:00 AM EST