Results Reinforce Recommendation to REJECT the Hostile Bid Elemental Royalties Corp. 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 from royalty contracts for the [...]
Elemental Royalties Corp. 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 by Gold Royalty Corp. Elemental disclosed in its Directors' Circular dated January 24, 2022 that management heard similar views from its shareholders. Management has since conducted a new round of outreach to shareholders [...]
Gold Royalty Corp. is pleased to provide an update on its growth plans, and its proposed acquisition of Elemental Royalties Corp. . Continuing its trajectory of disciplined expansion and growth over the past year, Gold Royalty has offered to acquire all of the issued and outstanding Elemental common shares for consideration of 0.27 of a Gold Royalty common share per Elemental Share as set forth in Gold Royalty's Offer and [...]
10 AM EST TOMORROW Elemental Royalties Corp. today announced that the Board of Directors , following the unanimous recommendation of a special committee of independent directors , has unanimously determined that the all-share hostile takeover bid from Gold Royalty Corp. is not in the best interests of the Company or its shareholders . The Board believes the Hostile Bid significantly undervalues Elemental's business and [...]
Elemental Royalties Corp. today announced that it expects an approximate 40% increase in successive quarterly revenue from production at the Karlawinda Gold Mine in Australia , 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, 2021, up approximately 40% from US$0.8 million in the quarter ended [...]
The Board of Elemental continues to believe that Gold Royalty's Offer is opportunistic in timing and substantially undervalues the Company's portfolio of revenue-generating royalties Elemental shareholders who have questions can contact Morrow Sodali, the information agent, at 1- 888-777-2158 or by e-mail at inquiries@morrowsodali.com Elemental Royalties Corp. OTCQX: ELEMF) today confirmed that Gold Royalty Corp. has [...]
Gold Royalty's offer presents a significant upfront premium to Elemental's shareholders The combination of Gold Royalty and Elemental will create a sector-leading portfolio of 200 strategic royalties Elemental shareholders who have questions or need assistance tendering their shares can contact Laurel Hill Advisory Group at 1-877-452-7184 or by e-mail at assistance@laurelhill.com Gold Royalty Corp. announced today that [...]
Elemental Royalties Corp. today announced that the board of directors of the Company has approved the entering into and adoption of a shareholder rights plan agreement 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 will be treated fairly and will not be subject to abusive or coercive take-over strategies. Further, the Rights Plan is not [...]
Elemental Royalties Corp. today announced that after having received advice from its financial and legal advisors, the Board of Directors of Elemental intends to recommend that shareholders reject an unsolicited all-share takeover bid from Gold Royalty Corp. if and when the bid commences, assuming the terms are as proposed by Gold Royalty in its December 20, 2021 announced intention . The Board, following a meeting on [...]
Elemental Royalties Corp. is responding to the news release by Gold Royalty Corp. 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 cautions shareholders that no formal offer has been made by Gold Royalty, and as such there is no need for shareholders to take any action at this time. When and if a formal offer is [...]
Elemental Royalties Corp. 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 or the Company's website . Frederick Bell, CEO of Elemental commented: "Elemental generated [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Critical and Precious Metals Investor Conference are now available for on-demand viewing. https://bit.ly/3oeX6bJ The company presentations will be available 24/7 [...]
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