Elemental Altus Royalties Corp. notes the announcement by Capricorn Metals Ltd. of a major expansion study at the Karlawinda Gold Project , where Elemental Altus holds an uncapped 2.0% Net Smelter Return royalty. The Karlawinda royalty is a cornerstone asset for Elemental Altus, contributing US$4.6 million in revenue in 2023. Elemental Altus also [...]
Elemental Altus Royalties Corp. is pleased to announce that it has entered into a binding agreement to acquire two existing royalties from Cornish Metals Inc. including an uncapped 4% net smelter return royalty on the Mactung Project in Canada currently being advanced by Fireweed Metals Corp . Acquisition Highlights: An uncapped 4.0% NSR royalty [...]
Elemental Altus Royalties Corp. 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 Exploration The Company notes that [...]
Elemental Altus Royalties Corp. 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+ and the Company's website . All amounts are in U.S [...]
Elemental Altus Royalties Corp. is pleased to announce the acquisition of up to a 1.40% net smelter return royalty from Aterian Plc over the HCK Lithium Project in the Republic of Rwanda currently under a Joint Venture agreement with Rio Tinto Mining and Exploration Ltd . Highlights: New 1.25%-1.40% lithium NSR royalty acquired by Elemental Altus [...]
Elemental Altus Royalties Corp. 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 for the year ended December 31, 2023, available on SEDAR+ and the Company's website . All amounts [...]
Elemental Altus Royalties Corp. is pleased to announce materially higher guidance for 2024 building on record Adjusted Revenue1 in 2023. Highlights 2024 Guidance: 10,000 to 11,700 Gold Equivalent Ounces1 representing at its midpoint a 20% increase on 2023 and an 85% increase from 2022 Growth Catalysts: Organic royalty revenue growth driven by Diba [...]
Elemental Altus Royalties Corp. 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 Highlights [...]
Elemental Altus Royalties Corp. provides a portfolio update following operator news releases covering key royalties held by the Company and details of the Company's Options and RSU Grant. Highlights Lundin Mining Corporation announced on February 8, 2024, an increased Mineral Reserve and Mineral Resource Estimates for the Caserones [...]
Elemental Altus Royalties Corp. announces that it expects to receive an initial US$12.1 million in cash and equity as a result of its secured creditor claim against Rambler Metals and Mining Limited in relation to the Company's Ming gold stream . Highlights The initial US$12.1 million relating to the Ming stream contributes to ~US$20 million in [...]
Elemental Altus Royalties Corp. announces the appointment of Vincent Benoit and Jack Lunnon from La Mancha Resource Capital LLP to the Board of Directors and the appointment of existing director John Robins as Chair of the Board. The appointments of Vincent Benoit and Jack Lunnon to the Board are made pursuant to the Company's investor rights [...]
Elemental Altus Royalties Corp. announces that after more than sixteen years of combined service Steven Poulton, the Company's Executive Chairman has advised the Company of his intention to retire from the board effective January 01, 2024. Mr. Poulton was the former Chief Executive and co-founder in 2007 of Altus Strategies plc, which merged with [...]
