Elemental Altus Receives Further Payments from Project Partnerships and Grants Options
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") announces the closing of the sale of its Ethiopian exploration assets to Canadian incorporated ANS Exploration Corp. ("ANS"). Alongside this, the Company has received a further US$400,000 payment from In2Metals Explorer S.à r.l ("In2Metals") relating to its August 2023 subscription for a majority stake in Akh Gold Ltd, the holder of...
2024-10-07 9:15 AM EDT
Elemental Altus Notes Agreement for Further Development at Diba Royalty
Vancouver, British Columbia--(Newsfile Corp. - September 5, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") is pleased to report that Allied Gold Corporation ("Allied") (TSX: AAUC) 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...
2024-09-05 5:30 PM EDT
Elemental Altus Royalties Reports Strong Q2 Results
Vancouver, British Columbia--(Newsfile Corp. - August 19, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") 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+ (www.sedarplus.ca) and the Company's website...
2024-08-19 4:30 PM EDT
Elemental Altus to Release Q2 2024 Results on August 19, 2024
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company")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 (8:00 am PT) to discuss these results, followed by a question-and-answer session. To register for the investor webcast, please click the link below:...
2024-08-13 7:00 AM EDT
Elemental Altus Notes Major Expansion Study at Karlawinda and Announces Completion of Tungsten Royalty Acquisition
Vancouver, British Columbia--(Newsfile Corp. - August 6, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") notes the announcement by Capricorn Metals Ltd (ASX: CMM) ("Capricorn") of a major expansion study at the Karlawinda Gold Project ("Karlawinda", or "KGP"), where Elemental Altus holds an uncapped 2.0% Net Smelter Return ("NSR") royalty. The Karlawinda royalty is a cornerstone asset for Elemental Altus, contributing US$4.6 million in...
2024-08-06 8:02 AM EDT
Elemental Altus Royalties to Acquire Strategic Tungsten Royalties
Vancouver, British Columbia--(Newsfile Corp. - July 22, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") is pleased to announce that it has entered into a binding agreement (the "Agreement") to acquire two existing royalties (the "Royalties") from Cornish Metals Inc. including an uncapped 4% net smelter return ("NSR") royalty on the Mactung Project in Canada ("Mactung Project") currently being advanced by Fireweed Metals Corp...
2024-07-22 8:00 AM EDT
Elemental Altus Royalties Provides Asset and Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - July 4, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") 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...
2024-07-04 5:49 PM EDT
Elemental Altus Royalties Announces Record First Quarter Revenue
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") 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+ (www.sedarplus.ca) and the Company's website (www.elementalaltus.com)....
2024-05-21 7:00 AM EDT
Elemental Altus Royalties Announces Acquisition of New Royalty Being Advanced by Rio Tinto Exploration
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") is pleased to announce the acquisition of up to a 1.40% net smelter return royalty ("NSR") from Aterian Plc ("Aterian") over the HCK Lithium Project in the Republic of Rwanda ("Rwanda") currently under a Joint Venture agreement with Rio Tinto Mining and Exploration Ltd ("Rio Tinto"). Highlights: New 1.25%-1.40% lithium NSR royalty...
2024-05-08 7:00 AM EDT
Elemental Altus Royalties 2023 Full Year Results: Record Annual Revenue, Gold Equivalent Ounces, EBITDA, and Maiden Quarterly Profit
Vancouver, British Columbia--(Newsfile Corp. - April 17, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") 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 ("MD&A") for the year ended December 31, 2023, available on SEDAR+ (http://www.sedarplus.ca) and the Company's...
2024-04-17 8:00 AM EDT
Elemental Altus Royalties Announces 2024 Guidance, Forecasting Seventh Consecutive Year of Record Revenues
Vancouver, British Columbia--(Newsfile Corp. - April 4, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") 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 ("GEOs") 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...
2024-04-04 7:30 AM EDT
Elemental Altus Royalties Announces Record 2023 and Q4 Revenue, Beating Top End of Guidance
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") 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 Record preliminary...
2024-03-04 8:00 AM EST
Elemental Altus Notes Positive Updates at Key Growth Royalties and Grant of Options
Vancouver, British Columbia--(Newsfile Corp. - February 29, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") 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 ("Lundin Mining") announced on February 8, 2024, an increased Mineral Reserve and Mineral Resource Estimates for the Caserones...
2024-02-29 8:00 AM EST
Elemental Altus Announces $12M in Payments from Ming Sale
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") 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 ("Ming stream"). Highlights The initial US$12.1 million relating to the Ming stream contributes to ~US$20 million in...
2024-02-20 8:00 AM EST
Elemental Altus Announces New Directors and Appointment of Chairman
Vancouver, British Columbia--(Newsfile Corp. - January 2, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces the appointment of Vincent Benoit and Jack Lunnon from La Mancha Resource Capital LLP ("La Mancha") to the Board of Directors ("Board") 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...
2024-01-02 8:00 AM EST
Elemental Altus Announces Director Change
Vancouver, British Columbia--(Newsfile Corp. - December 27, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") 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 Elemental...
2023-12-27 8:00 AM EST
Elemental Altus Publishes Inaugural Royalty Asset Handbook
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces the release of its inaugural Asset Handbook which provides detailed information about the Company's portfolio of high quality and gold focused production and development stage royalties, as well as the underlying Mineral Resource and Mineral Reserve data. The handbook can be downloaded from the Company's recently updated...
2023-12-13 8:00 AM EST
Elemental Altus Royalties Announces Record Year to Date Revenue
Vancouver, British Columbia--(Newsfile Corp. - November 23, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces its operating and financial results for the quarter ended September 30, 2023. For complete details please refer to the Financial Statements and associated Management Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2023, which can be found on the SEDAR+ website (www.sedarplus.ca) or the...
2023-11-23 7:00 AM EST
Elemental Altus Completes Sale of Diba Gold Project in Mali to Allied Gold for Royalty and Milestone Payments
Vancouver, British Columbia--(Newsfile Corp. - November 9, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces the closing of the previously announced sale of the 'shovel-ready' Korali-Sud Small Scale Mining Licence ("Korali-Sud") & the highly prospective Lakanfla Exploration Licence ("Lakanfla") (combined "Diba" or "the Project") to Allied Gold Corporation ("Allied"). The Project is located approximately 15km from Allied's Sadiola...
2023-11-09 5:38 PM EST
Elemental Altus Notes Development Approval of Diba Project by Allied Gold
Vancouver, British Columbia--(Newsfile Corp. - September 18, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") notes that Allied Gold Corporation ("Allied Gold") has approved commencement of development work at the Diba gold project ("Diba"), which is contiguous with their flagship Sadiola gold mine in western Mali. Production at Diba is expected to commence in the first half of 2024 and the Company holds an initial 3% Net Smelter Return...
2023-09-18 8:30 AM EDT