- Business
- Elemental Royalty Corp., formerly Elemental Altus Royalties Corp. (TSX-V: ELE), operates as a mid-tier gold-focused streaming and royalty company that acquires and manages precious metal royalties and streams on producing, development, and exploration-stage assets; its portfolio encompasses over 200 royalties including cornerstone gold, silver, and copper royalties across 16 producing assets operated by top-tier mining partners in premier jurisdictions such as Chile, Western Australia, Kenya, Canada, Mexico, Burkina Faso, and Liberia. The company holds diversified royalties like uncapped 2.5% net smelter return (NSR) royalties on select projects, generates revenue from district-scale opportunities including the recently optioned Hachita Porphyry asset, and emphasizes organic growth through accretive acquisitions such as the AlphaStream portfolio featuring three producing royalties and 21 exploration/development royalties. Founded in 2004 and headquartered at 800 West Pender Street in Vancouver, British Columbia, Canada, Elemental Royalty targets mining operators and investors seeking exposure to commodity price upside and exploration potential across four continents with offices also in London, England. In November 2025, the company completed a transformative merger with EMX Royalty Corp. via a court-approved plan of arrangement, integrating EMX's royalty generation expertise and portfolio to enhance scale, diversification, and growth while delisting EMX shares; it concurrently secured a US$100 million private placement financing from Tether Investments, issued new shares under updated CUSIP and ISIN, changed its name to Elemental Royalty Corp., appointed key executives including David Cole as CEO and Frederick Bell as President and COO, and announced plans for a Nasdaq listing pending U.S. regulatory resumption, alongside pursuing acquisitions like the Laverton royalty in Western Australia and Dugbe development asset in Liberia to remain unleveraged and fuel expansion.