Elemental Altus Completes Acquisition of Royalty Portfolio from First Mining
Vancouver, British Columbia--(Newsfile Corp. - February 21, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") is pleased to announce that it has completed the previously announced acquisition of 19 royalties (the "Royalties") from a wholly owned subsidiary of First Mining Gold Corp. (TSX: FF) (OTCQX: FFMGF) ("First Mining"). Frederick Bell, CEO of Elemental Altus, commented: "We're delighted to complete this transaction and create further...
2023-02-21 6:29 PM EST
Elemental Altus Provides Update on Its Gold Purchase and Sale Agreement Involving the Ming Mine
Vancouver, British Columbia--(Newsfile Corp. - February 17, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") notes the update regarding the Ming mine ("Ming") issued today by Rambler Metals and Mining plc ("Rambler"), 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...
2023-02-17 3:00 PM EST
Elemental Altus to Acquire Gold Royalty Portfolio from First Mining
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces that it has entered into a binding agreement (the "Agreement") to acquire a portfolio of 19 royalties (the "Royalties") from a wholly owned subsidiary of First Mining Gold Corp. (TSX: FF) (OTCQX: FFMGF) ("First Mining") for consideration of US$5,000,000 in cash and common shares (the "Acquisition"). Acquisition Highlights...
2023-02-06 7:01 AM EST
Elemental Altus Announces Appointment of Chief Financial Officer
Vancouver, British Columbia--(Newsfile Corp. - January 19, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces the appointment of David Baker as Chief Financial Officer ("CFO"). 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...
2023-01-19 7:00 AM EST
Elemental Altus Royalties Announces Closing of C$5.1M Fundraise and Grant of Options
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2022) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces it has completed its previously announced non-brokered private placement of 3,970,997 shares of Elemental ("Common Shares") at an issue price of C$1.28 per Common Share for aggregate gross proceeds of C$5,082,876.16 (the "Offering"). The Common Shares were placed with institutional and private investors. The Company's...
2022-12-20 7:00 AM EST
Elemental Altus Royalties Secures up to US$50 Million Credit Facility, Announces Fundraise and Debt Conversion & Repayment
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2022) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") is pleased to announce it has entered into an agreement with National Bank of Canada ("NBC") and Canadian Imperial Bank of Commerce ("CIBC") for a revolving credit facility which allows the Company to borrow up to US$40 million (the "Revolving Facility" or "Facility"), with an option to increase to US$50 million subject to...
2022-12-01 5:18 PM EST
Elemental Altus Royalties Announces Record Q3 2022 Results
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2022) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") 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 (http://www.sedar.com) or the Company's...
2022-11-29 5:56 PM EST
Elemental Altus Notes Increase in Reserves and Resources at Karlawinda Gold Mine, Australia
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2022) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") notes the recent announcement by Capricorn Metals Limited (ASX: CMM) ("Capricorn") 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 ("NSR") royalty on Karlawinda. Frederick Bell, CEO of Elemental Altus, commented: "We are...
2022-10-31 7:00 AM EDT
Elemental Altus Divests Copper Subsidiary, Generates 16 New Royalties
Vancouver, British Columbia--(Newsfile Corp. - October 25, 2022) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces the completion of the vend-out ("Transaction") of its 100% owned Morocco-focused copper subsidiary Aterian Resources Ltd ("Aterian") to Eastinco Mining and Exploration plc ("Eastinco"). Aterian owns a 100% interest in 15 prospective projects primarily targeting copper and silver covering 762km2 ("Projects"). Completion of...
2022-10-25 1:33 PM EDT
Elemental Royalties Announces Name Change to Elemental Altus Royalties Corp
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) is pleased to announce that it is changing its name to "Elemental Altus Royalties Corp." ("Elemental Altus" or the "Company"). 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...
2022-09-22 9:12 AM EDT
Elemental Royalties and Altus Strategies Complete Combination to Create a New Global Gold Royalty Champion
Vancouver, British Columbia--(Newsfile Corp. - August 16, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") is pleased to announce the completion of the previously announced share-for-share merger of equals (the "Merger") with Altus Strategies plc (AIM: ALS) (TSXV: ALTS) (OTCQX: ALTUF) ("Altus") to create a global gold royalty champion. The Merger has created a diversified and scalable royalty company well positioned to acquire further high-quality,...
2022-08-16 6:46 PM EDT
Elemental Royalties Announces Q2 2022 Results
Vancouver, British Columbia--(Newsfile Corp. - August 15, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") 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 (www.sedar.com) or the Company's website (www.elementalroyalties.com)....
2022-08-15 11:38 PM EDT
Elemental Royalties Announces Results of Annual General and Special Meeting
Vancouver, British Columbia--(Newsfile Corp. - August 8, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company"), 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...
2022-08-08 1:18 PM EDT
Elemental Royalties Notes First Gold Deliveries from Ming Stream and Mercedes Royalty Now Paying
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") is pleased to announce that it has received first gold deliveries under the 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"), the owner of the Ming Copper-Gold Mine (the "Ming Mine") in Newfoundland and Labrador in Canada....
2022-07-28 7:00 AM EDT
Elemental Royalties Announces Strong Revenue and Operating Cash Flow in Q1 2022 Results
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") 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 (www.sedar.com) or the Company's website (www.elementalroyalties.com)....
2022-05-19 7:00 AM EDT
Elemental Royalties Provides Update on Its Royalty & Streaming Portfolio
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") 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...
2022-05-16 7:00 AM EDT
Elemental Royalties Confirms Expiry of Unsuccessful Hostile Takeover Bid by Gold Royalty
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") today confirmed that an inadequate, all-share hostile takeover bid (the "Hostile Bid") made by Gold Royalty Corp. ("Gold Royalty") for Elemental was not successful. Based on information from available sources, Elemental estimates that significantly less than 5% of its shares were tendered to the Hostile Bid. Having failed to meet the statutory...
2022-05-12 6:14 PM EDT
Elemental Royalties Notes Extension of Gold Royalty's Unsolicited Takeover Bid
Vancouver, British Columbia--(Newsfile Corp. - April 28, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") today notes the extension for ten business days by Gold Royalty Corp. ("Gold Royalty") of its inadequate, all-share hostile takeover bid (the "Hostile Bid") for Elemental. Based on information obtained by Elemental and its advisors from available sources, Elemental estimates that less than 5% of its shares were tendered to the Hostile Bid as of...
2022-04-28 1:30 PM EDT
Elemental Royalties Board Continues to Recommend Rejection of Gold Royalty's Hostile Takeover Bid
Vancouver, British Columbia--(Newsfile Corp. - April 26, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") today reiterated its recommendation that shareholders REJECT an inadequate, all-share hostile takeover bid (the "Hostile Bid") by Gold Royalty Corp. ("Gold Royalty"). As previously disclosed, Elemental's board of directors (the "Board") has unanimously determined that the Hostile Bid is not in the best interests of the Company or its...
2022-04-26 7:00 AM EDT
Elemental Royalties Warns Shareholders Regarding Gold Royalty's Misleading Overstatement of the Value of Gold Royalty's Hostile Bid
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2022) - Elemental Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental" or "the Company") today commented on a misleading overstatement by Gold Royalty Corp. ("Gold Royalty") about the value of Gold Royalty's hostile takeover bid for Elemental (the "Hostile Bid") and on Gold Royalty's unfounded criticism of Elemental's recently completed C$14 million private placement financing (the "Financing"). Elemental reminds shareholders that...
2022-04-12 9:33 AM EDT