Close Menu
Trader News
  • Markets
    • Stocks
    • Futures
    • Forex
    • Commodities
    • OTC
    • QB
    • QX
    • PINK
    • Crypto
    • Options
    • Bonds
  • Crypto
    • Market
    • BTC
    • NFTs
    • DeFi
  • Technology
    • Web3
    • FinTech
    • EdTech
    • AI
  • Startups
  • Real Estate
  • Personal Finance
    • Retirement
    • Investing
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
X (Twitter)
X (Twitter) TikTok YouTube RSS
Trader News
  • Markets
    1. Stocks
    2. Futures
    3. Forex
    4. Commodities
    5. OTC
    6. QB
    7. QX
    8. PINK
    9. Crypto
    10. Options
    11. Bonds
    Featured

    Coffee prices climb after Donald Trump threatens 50% tariffs on Brazil

    By News RoomJul 10, 2025 8:35 am EDT0
    Recent

    Coffee prices climb after Donald Trump threatens 50% tariffs on Brazil

    Jul 10, 2025 8:35 am EDT

    Cramer Says Tesla Dominates While Ouster Is ‘Too Speculative’ – First Majestic Silver (NYSE:AG), Insmed (NASDAQ:INSM)

    Jul 10, 2025 8:19 am EDT

    Dave Ramsey Tells Debt-Laden 28-Year-Old To Skip Courthouse Wedding: ‘You’ll Tell This Story’ Forever

    Jul 10, 2025 8:18 am EDT
  • Crypto
    1. Market
    2. BTC
    3. NFTs
    4. DeFi
    Featured

    EU Regulator Flags MiCA Licensing Gaps By Malta’s MFSA

    By News RoomJul 10, 2025 8:47 am EDT0
    Recent

    EU Regulator Flags MiCA Licensing Gaps By Malta’s MFSA

    Jul 10, 2025 8:47 am EDT

    Venn Network Uncovers and Shuts $10M DeFi Backdoor

    Jul 10, 2025 8:42 am EDT

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    Jul 10, 2025 8:32 am EDT
  • Technology
    1. Web3
    2. FinTech
    3. EdTech
    4. AI
    Featured

    AI ‘vibe managers’ have yet to find their groove

    By News RoomJul 10, 2025 8:37 am EDT0
    Recent

    AI ‘vibe managers’ have yet to find their groove

    Jul 10, 2025 8:37 am EDT

    Chamath Palihapitiya Agrees With A Social Media User Who Says While Meta Spends $200 Million A Year To Poach AI Talent, Elon Musk Keeps Costs Low But Still Manages To Unveil Better Products – Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL)

    Jul 10, 2025 8:21 am EDT

    Video Game Performers Secure AI Consent Rules in New SAG-AFTRA Deal

    Jul 10, 2025 6:56 am EDT
  • Startups
  • Real Estate
  • Personal Finance
    1. Retirement
    2. Investing
    Featured

    ‘Flood insurance is not just for coastal or high-risk areas,’ expert says: What homeowners need to know

    By News RoomJul 10, 2025 7:57 am EDT0
    Recent

    ‘Flood insurance is not just for coastal or high-risk areas,’ expert says: What homeowners need to know

    Jul 10, 2025 7:57 am EDT

    KeyBanc upgrades Roku, says stock is the new internet ‘self-help’ story

    Jul 10, 2025 7:55 am EDT

    Ways to play the signing of Trump’s spending bill; what the bond market and dollar are signaling

    Jul 10, 2025 2:08 am EDT
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
Login
Trader News
You are at:Home » Elemental Altus Publishes Inaugural Royalty Asset Handbook
QX

Elemental Altus Publishes Inaugural Royalty Asset Handbook

News RoomNews RoomDec 13, 2023 12:28 pm EST0 ViewsNo Comments6 Mins Read
Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest Email

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 website at www.elementalaltus.com.

Frederick Bell, CEO of Elemental Altus, commented:

“2023 has proven to be another record year for Elemental Altus, with growth across all key metrics. We’re delighted to highlight the quality and depth of our portfolio through the release of our inaugural Asset Handbook. With over 80 royalties, including 10 producing assets, the Asset Handbook not only highlights our disciplined investment philosophy, but also the potential for material organic growth and value creation from within our portfolio at no additional cost for our shareholders. We look forward to continuing our strong trajectory through 2024.”

2023 Highlights:

  • Increased the Company’s Net Smelter Return (“NSR“) royalty from 0.418% to 0.473% on Lundin Mining Corporation’s (“Lundin Mining“) producing Caserones copper mine in Chile
  • Material number of new royalties added to portfolio, predominantly in North America, including:
    • 0.68% NSR royalty on the Preliminary Economic Assessment stage Cactus copper project in Arizona, operated by Arizona Sonoran Copper Company’s (“Arizona Sonoran“)
    • 2.25% NSR royalty on the Pickle Crow gold project in Ontario, operated by FireFly Metals Ltd
    • 1.5% NSR royalty on the Hope Brook gold project in Newfoundland, operated by Big Ridge Gold Corp.
  • Generated a 3.0% NSR royalty on the Diba gold project, which will form part of the Sadiola gold mine in Mali, operated by Allied Gold Corp. (“Allied Gold“)

Near-Term Catalysts:

  • The 3.0% NSR royalty on the Diba gold project is expected to be brought into production by Allied Gold during the first half of 2024 as part of the Sadiola mine, which will contribute significant near-term royalty revenue and associated milestone payments to the Company
  • Arizona Sonoran report that they are on-track and on-budget to release the upcoming Cactus Pre-Feasibility Study (“PFS“) in the first quarter of 2024. The PFS is expected to outline a 30-year operation targeting average production of 45-50,000 short tons of copper per year
  • In the second half of 2023, Lundin Mining launched the largest exploration program at Caserones since commercial production began in 2013, with all priority drill targets being within the royalty area. The initial phase of the drill program is expected to exceed 10,000m and initial results are expected in the first half of 2024
  • A continuation of the production ramp-up at Allied Gold’s ‘Push Back 5’ at the Bonikro gold mine in Côte d’Ivoire is expected to continue during the fourth quarter of 2023 and into 2024

On behalf of Elemental Altus Royalties Corp.

Frederick Bell
CEO and Director

Corporate & Media Inquiries:
Tel: +1 604 243 6511 (ext. 2700)
Email: info@elementalaltus.com

Elemental Altus is a proud member of Discovery Group. For more information please visit: www.discoverygroup.ca or contact 604-653-9464.

TSX.V: ELE | OTCQX: ELEMF | ISIN: CA28619K1093 | CUSIP: 28619K109

About Elemental Altus Royalties Corp.

Elemental Altus is a revenue generating precious metals royalty company with 10 producing royalties and a diversified portfolio of pre-production and discovery stage assets. The Company is focused on acquiring uncapped royalties and streams over producing, or near-producing, mines operated by established counterparties, as well as generating royalties on new discoveries. The vision of Elemental Altus is to build a global gold royalty company, offering investors superior exposure to gold with reduced risk and a strong growth profile.

Cautionary note regarding forward-looking statements

This news release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “should”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology.

Forward-looking statements and information include, but are not limited to, statements with respect to the date that the name change is expected to become effective, whether shareholders will be required by their broker to exchange their issued certificate for a new certificate or take any other action in connection to the name change, the Company’s ability to deliver a materially increased revenue profile with a lower cost of capital, the future growth, development and focus of the Company, and the acquisition of new royalties and streams. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies.

Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Elemental Altus to control or predict, that may cause Elemental Altus’ actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the impact of general business and economic conditions, the absence of control over the mining operations from which Elemental Altus will receive royalties, risks related to international operations, government relations and environmental regulation, the inherent risks involved in the exploration and development of mineral properties; the uncertainties involved in interpreting exploration data; the potential for delays in exploration or development activities; the geology, grade and continuity of mineral deposits; the impact of the COVID-19 pandemic; the possibility that future exploration, development or mining results will not be consistent with Elemental Altus’ expectations; accidents, equipment breakdowns, title matters, labour disputes or other unanticipated difficulties or interruptions in operations; fluctuating metal prices; unanticipated costs and expenses; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations; currency fluctuations; regulatory restrictions, including environmental regulatory restrictions; liability, competition, loss of key employees and other related risks and uncertainties. For a discussion of important factors which could cause actual results to differ from forward-looking statements, refer to the annual information form of the Company for the year ended December 31, 2022. Elemental Altus undertakes no obligation to update forward-looking statements and information except as required by applicable law. Such forward-looking statements and information represents management’s best judgment based on information currently available. No forward-looking statement or information can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/190886

info

Source

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Bear Creek Mining Announces Officer and Director Changes

QX Dec 19, 2023 11:18 am EST

Premium Nickel Reports Assays and Extension of Historic Resource at Selebi North Underground

QX Dec 19, 2023 8:14 am EST

Silver One Expands Its Land Position to Cover Potential Porphyry Copper Systems and Areas of Silver Mineralization at Its Phoenix Silver Project, Arizona

QX Dec 19, 2023 3:36 am EST

Ivanhoe Mines Closes C$575 Million Private Placement

QX Dec 18, 2023 9:07 pm EST

Heliostar Announces Minor Update to Closing of Warrant Incentive Program

QX Dec 18, 2023 7:26 pm EST

Andean Precious Metals Announces Appointment of Michele Ashby as Independent Director

QX Dec 18, 2023 4:09 pm EST
Add A Comment
Leave A Reply Cancel Reply

You must be logged in to post a comment.

Latest News

Venn Network Uncovers and Shuts $10M DeFi Backdoor

Jul 10, 2025 8:42 am EDT

AI ‘vibe managers’ have yet to find their groove

Jul 10, 2025 8:37 am EDT

Coffee prices climb after Donald Trump threatens 50% tariffs on Brazil

Jul 10, 2025 8:35 am EDT

Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

Jul 10, 2025 8:32 am EDT

Chamath Palihapitiya Agrees With A Social Media User Who Says While Meta Spends $200 Million A Year To Poach AI Talent, Elon Musk Keeps Costs Low But Still Manages To Unveil Better Products – Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL)

Jul 10, 2025 8:21 am EDT

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]

Top News

Markets

Cramer Says Tesla Dominates While Ouster Is ‘Too Speculative’ – First Majestic Silver (NYSE:AG), Insmed (NASDAQ:INSM)

By News RoomJul 10, 2025 8:19 am EDT0

In a market progressively specified by volatility and unpredictability, financiers are coming to grips with…

Dave Ramsey Tells Debt-Laden 28-Year-Old To Skip Courthouse Wedding: ‘You’ll Tell This Story’ Forever

Jul 10, 2025 8:18 am EDT

Hyundai Motor IONIQ 6 N Debuts at Goodwood Festival of Speed, Setting New Benchmark for High-Performance EVs – Hyundai Motor (OTC:HYMTF)

Jul 10, 2025 8:08 am EDT

‘Flood insurance is not just for coastal or high-risk areas,’ expert says: What homeowners need to know

Jul 10, 2025 7:57 am EDT
About
About

Trader News is the only source for the latest news and updates about the market, finance, crypto and real estate. Follow us to get the only news that matters.
We're social, connect with us:

X (Twitter) YouTube TikTok
Popular News

MintMiner Launches Global Cloud Mining Platform, Offers Free BTC

Jul 4, 2025 11:34 pm EDT

On-the-job learning upended by AI and hybrid work

Jul 6, 2025 11:34 pm EDT

Julian McMahon, Actor Who Played Doctor Doom In Fantastic Four Dies At 56

Jul 4, 2025 10:30 pm EDT

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]
Copyright © 2025. TraderNews. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?