Gleason & Sons LLC today announced today it has acquired nearly one million common shares of Elemental Altus Royalties via ongoing open market purchases. "We are pleased to be increasing our long-term investment in Elemental Altus as its management team transitions the Company into an exciting new growth phase - having paid off all debt, booked its most profitable quarter ever, and streamlined its governance structure [...]
Elemental Altus Royalties pleased to announce the appointment of new directors to the Company, effective immediately, reflecting the acquisition of a 37.8% stake in the Company by Tether Investments and the right to acquire a total of 51.8% of the Company's issued and outstanding common shares. Prior to the Appointment, the Company's board of directors consented to Tether's exercise of its option over the Company shares [...]
Elemental Altus Royalties notes the press release issued by Tether Investments S.A. de C.V. that it has completed the acquisition of 78,421,780 common shares of Elemental Altus from La Mancha Investments at a price of C$1.55 per share, representing approximately 31.9% of the issued and outstanding common shares. When combined with the 4,360,511 shares already owned by Tether, Tether will own an aggregate of 82,782,291 [...]
Elemental Altus Royalties notes the recent announcement by Focus Minerals Limited reporting the sale of their Laverton assets in WA, to Genesis Minerals. Elemental Altus holds an uncapped 2% gross revenue royalty over a significant portion of the project. The Company also notes the recent announcement by Northern Star Resources reporting a maiden Mineral Resource and Ore Reserve Estimate1 at the Hercules Discovery , part [...]
Elemental Altus Royalties Corp. announces its operating and financial results for the three months ended March 31, 2025. For complete details, please refer to the Financial Statements and associated Management Discussion and Analysis for the three months ended March 31, 2025, available on SEDAR+ and the Company's website . All amounts are in U.S. dollars unless otherwise indicated. Financial Highlights Royalty revenue of [...]
Elemental Altus Royalties Corp. will release its Q1 2025 results before market open on Tuesday, May 20, 2025. An investor webcast will be held on Tuesday, May 20, 2025, starting at 11am Eastern Time to discuss these results, followed by a question-and-answer session. To register for the investor webcast, please click the link below: https://us02web.zoom.us/webinar/register/WN_WCPOfEbzSMi3ULMDO8FSeQ A replay of the event [...]
Elemental Altus Royalties Corp. announces that it has received a further US$9.6 million as a result of its secured creditor claim against Rambler Metals and Mining Canada Limited, a wholly owned subsidiary of Rambler Metals & Mining Plc , in relation to the Company's former Ming gold stream . Highlights The US$9.6 million received contributes towards up to US$15 million in portfolio payments the Company expects to receive [...]
Elemental Altus Royalties announces its operating and financial results for the fourth quarter and full year ended Dec 31, 2024. For complete details, please refer to the Financial Statements and associated Management Discussion and Analysis for the year ended Dec 31, 2024, available on SEDAR+ and the Company's website. Record revenue of US$16.3 million and record adjusted revenue1 of US$21.6 million, up 39% on 2023 Gold [...]
Elemental Altus Royalties will release its Q4 2024 results after market close on Wednesday April 16, 2025. An investor webcast will be held on Thursday, April 17, 2025, starting at 11am Eastern Time to discuss these results, followed by a question-and-answer session. A replay of the event will be available on the Elemental Altus website following the presentation. Frederick Bell CEO and Director Corporate & Media [...]
Elemental Altus Royalties is pleased to announce that the TSXV has accepted its Notice of Intention to implement a Normal Course Issuer Bid to be transacted through the facilities of the Exchange or by such other means as may be permitted under applicable securities laws during the term of the NCIB. Pursuant to the NCIB, Elemental Altus may, during a 12-month period commencing March 25, 2025, and ending March 24, 2026 [...]
Elemental Altus Royalties Corp. forecasts record Gold Equivalent Ounces and adjusted revenue for 2025, with an expected 50% increase in adjusted revenue to US$32 million at the mid-point of guidance. This comes after the Company delivered record preliminary annual revenue and preliminary adjusted revenue of approximately US$16.3 million and US$21.6 million respectively for 2024. 2024 preliminary adjusted revenue marks a [...]
Elemental Altus Royalties Corp. notes the announcement by Allied Gold Corp. of approximately 48,000 ounces of gold production from Korali-Sud during Q4 20241. Elemental Altus holds a 3% Net Smelter Return royalty on the first 226,000 ounces of gold produced at the Korali licences, and an uncapped 2% NSR thereafter, in addition to multiple production-based milestone payments. Highlights Allied reported that the Sadiola [...]