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 [...]
Elemental Altus Royalties Corp. announces the closing of the sale of its Ethiopian exploration assets to Canadian incorporated ANS Exploration Corp. . Alongside this, the Company has received a further US$400,000 payment from In2Metals Explorer S.à r.l relating to its August 2023 subscription for a majority stake in Akh Gold Ltd, the holder of a number of highly prospective licences in Egypt. Frederick Bell, CEO of [...]
Elemental Altus Royalties Corp. is pleased to report that Allied Gold Corp. has recently announced a settlement of terms for a protocol agreement with the Government of Mali to secure approvals for advancing the development and processing of the Diba deposit. In addition to expected milestone payments, Elemental Altus holds a 3% NSR royalty on the first 226,000 ounces of gold production at the Diba and Lakanfla licences [...]
Elemental Altus Royalties Corp. announces its operating and financial results for the three and six months ended June 30, 2024. For complete details, please refer to the Financial Statements and associated Management Discussion and Analysis for the three and six months ended June 30, 2024, available on SEDAR+ and the Company's website . All amounts are in U.S. dollars unless otherwise indicated. Financial Highlights [...]
Elemental Altus Royalties Corp. will release its Q2 2024 results on Monday, August 19. An investor webcast will be held on Tuesday, August 20, 2024 starting at 11:00 am ET to discuss these results, followed by a question-and-answer session. To register for the investor webcast, please click the link below: https://www.bigmarker.com/vid-conferences/Elemental-Altus-Q2-Results-Webinar A replay of the event will be available [...]
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 announces the successful completion of the Mactung and Cantung royalty [...]
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 over the Mactung Project Mactung is one of the largest, high-grade tungsten [...]
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 alongside expected maiden production from Diba, Allied Gold Corp have announced [...]
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. dollars unless otherwise indicated. Highlights Royalty revenue of US$3.3 [...]
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 Royalty covers HCK Project in Rwanda operated and managed by Rio Tinto [...]
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 are in U.S. dollars unless otherwise indicated. Full Year 2023 Highlights [...]
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 and Bonikro royalties Royalty Revenue Forecast: Adjusted Revenue of [...]
