Elemental Altus Royalties Corp. announces the appointment today of Matthieu Bos to the Board of Directors as an independent non-executive director. The appointment of Matthieu to the Board is made pursuant to the Company's investor rights agreement with La Mancha and replaces La Mancha's existing director nominee, Jack Lunnon. Accordingly, the Company will continue to have a Board of seven directors, with six [...]
Elemental Altus Royalties Corp. notes the announcement by Fireweed Metals Corp of up to C$35.4 million in US and Canadian Government funding to advance its assets and supporting infrastructure at Macmillan Pass1, including the Mactung Project . Elemental Altus holds an uncapped 4% Net Smelter Return Royalty on Mactung. The Company also notes Rumble Resources Ltd.'s plans to expedite development at the Western Queen Gold [...]
Elemental Altus Royalties Corp. announces the publication of the 2024 edition of its Annual Asset Handbook, providing detailed information about the Company's portfolio of high-quality production, development, and exploration stage royalties, as well as the operators' underlying Mineral Resource and Mineral Reserve Estimate information. The handbook can be downloaded from the Company's website at www.elementalaltus.com [...]
Elemental Altus Royalties Corp. , announces the voting results from its Annual General and Special Meeting held on November 28, 2024 , as well as changes to the Board to better align with best corporate governance practices. Each of the following matters approved at the Meeting were described in detail in the Company's management information circular dated October 30, 2024, available on the SEDAR+ website at [...]
Elemental Altus Royalties Corp. 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 gold-equivalent ounces. For complete details, please refer to [...]
Elemental Altus Royalties Corp. announces the signing of an amendment to its Credit 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 as a new lender on the facility, joining National Bank of Canada and Canadian Imperial Bank of Commerce . Frederick Bell, CEO of Elemental [...]
Elemental Altus Royalties Corp. 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 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_K00JP6CJRu6b8DbyixatLQ A replay of the event will be [...]
Elemental Altus Royalties Corp. notes the announcement by Capricorn Metals Ltd. of a material production expansion at the Karlawinda Gold Project where Elemental Altus holds an uncapped 2.0% Net Smelter Return royalty. Capricorn are targeting annual gold production of 150,000 ounces, driven by an increase of total processing capacity to 6.5 Mtpa . Karlawinda is a cornerstone asset for Elemental Altus, contributing US$4.6 [...]
Elemental Altus Royalties Corp. is pleased to announce that the Company will hold its Annual General and Special Meeting of shareholders on November 28, 2024 at 10:00 a.m. 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 , to ratify the re-appointment of its auditors, to ratify the Company's [...]
Elemental Altus Royalties Corp. 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 from an affiliate of AlphaStream Limited for consideration of US$28 million paid in 34,444,580 newly issued common shares of Elemental Altus at a price of C$1.10/share . Further to its news release dated October [...]
Elemental Altus Royalties Corp. notes that following the announcement of an agreement to acquire a portfolio of royalties for US$28 million in Company equity , La Mancha Investments S.à r.l 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 completion of the transaction . Frederick Bell, CEO of Elemental Altus, commented: "Following [...]
Elemental Altus Royalties Corp. is pleased to announce that it has entered into a binding agreement to acquire an additional 50% ownership of 24 existing royalties from AlphaStream Limited for a consideration of US$28 million in equity . The Portfolio includes Elemental Altus' existing producing gold royalties on the Bonikro Gold Project , the Ballarat Mine , South Kalgoorlie Operations and 21 additional royalties located [...]
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