Elemental Altus Royalties Corp - Mining Stock Analysis & Updates

Elemental Altus Royalties to Release Q4 2024 Results on April 16, 2025

Elemental Altus Announces Normal Course Issuer Bid

Elemental Altus Royalties Corp. has announced a Normal Course Issuer Bid to buy back up to 12,288,129 shares over one year, starting March 25, 2025. Purchases will be made at market price through Raymond James Ltd. and shares will be canceled after buyback.

Elemental Altus Notes First Quarter of Production at Korali-Sud

Elemental Altus Royalties Corp. announces Allied Gold Corporation's production of 48,000 ounces from the Korali-Sud mine in Q4 2024, which will generate NSR royalties and milestone payments, contributing to expected record revenue in 2025 and 2026.

Elemental Altus Announces Appointment of New Director

Elemental Altus Royalties Corp. appoints Matthieu Bos as an independent non-executive director, replacing Jack Lunnon. His mining and capital markets experience is expected to enhance the Board's effectiveness. The Board remains at seven members, with six non-executives.

Elemental Altus Royalties Notes US-Canada Funding Covering Mactung Royalty and Development Plans at Western Queen

Elemental Altus Royalties Corp. acknowledges Fireweed Metals Corp.'s receipt of up to C$35.4 million in government funding for the Mactung Project and Rumble Resources' plans to expedite development at the Western Queen Gold Project, where Elemental holds royalties.

Elemental Altus Royalties Publishes 2024 Asset Handbook

Elemental Altus Royalties Corp. published its 2024 Annual Asset Handbook, detailing its growing portfolio of over 80 royalties and significant project updates. CEO Frederick Bell highlighted expected record growth and key acquisitions in royalties and production.

Elemental Altus Royalties Announces Board Refreshment and Results of Annual General and Special Meeting

Elemental Altus announces AGM results, board changes for governance, and director elections.

Elemental Altus Royalties Announces Record Quarterly Cash Flow and EBITDA

Elemental Altus Royalties Corp. has reported its financial and operating results for the three and nine months ended September 30, 2024, indicating record quarterly cash flow and EBITDA. The company has adjusted its guidance range for revenue and reduced its gold-equivalent ounces guidance for 2024. Financial highlights include a 32% increase in adjusted revenue to $4.8 million and a 3% increase in gold equivalent ounces to 1,941. The company also recorded a 72% rise in adjusted EBITDA to $3.7 million and a 42% increase in operating cash flow to $2.8 million. Elemental Altus completed the acquisition of a 4% royalty on the Mactung tung

Elemental Altus Royalties Announces Expanded Revolving Credit Facilty

Elemental Altus Royalties Corp. has amended its credit facility, raising its borrowing limit to US$50 million. The company also announced the addition of Royal Bank of Canada as a new lender, joining National Bank of Canada and Canadian Imperial Bank of Commerce. Elemental Altus has made significant efforts to decrease its debt throughout 2024, and plans to continue repaying debt with excess cash. As of now, the company has drawn US$20 million from its US$50 million facility, and has repaid US$10 million in 2024. The maturity date of the facility has been extended to June 2027.

Elemental Altus Royalties to Release Q3 2024 Results on November 18, 2024

Elemental Altus Royalties Corp. is set to release its Q3 2024 results on November 18, 2024, with an investor webcast to discuss the results scheduled for November 19, 2024. The company is an income-generating precious metals royalty company, focused on acquiring uncapped royalties and streams over producing or near-producing mines. The eventual goal of Elemental Altus is to build a global gold royalty company, offering investors exposure to gold with reduced risk and strong growth potential.

Elemental Altus Notes Planned 30% Production Expansion at Cornerstone Karlawinda Royalty

Elemental Altus Royalties Corp. has announced that Capricorn Metals Ltd is planning a significant production expansion at the Karlawinda Gold Project, where Elemental Altus holds a 2% Net Smelter Return royalty. The expansion aims to increase annual gold production to 150,000 ounces, a 30% increase from current production, and will boost Elemental Altus' royalty revenue. The increase in production is due to a new three-stage crusher and ball mill circuit, which will expand total processing capacity to 6.5 Mtpa. The expansion, set to be completed by Q2 2026, follows a 15% increase in Mineral Reserves at Karlawinda.

Elemental Altus Announces Annual General and Special Meeting and Director Nominees, Adopts Advance Notice Policy for Shareholder Meetings

Elemental Altus Royalties Corp. will hold its Annual General and Special Meeting on November 28, 2024, in Vancouver. The meeting will elect the Company's board of directors, ratify the re-appointment of its auditors, and approve the Company's omnibus equity incentive plan, among other things. Nine candidates have been nominated for election to the board. The company has also adopted an advance notice policy to ensure orderly meetings, adequate notice of director nominations, and sufficient information about nominees.

Elemental Altus Announces Completion of AlphaStream Transaction and La Mancha Private Placement, Appointment of Director

Elemental Altus Royalties Corp. has completed the acquisition of an additional 50% ownership of entities holding 24 existing royalties from AlphaStream Limited for US$28 million. The payment was made in 34,444,580 newly issued shares of Elemental Altus at C$1.10/share. The company also completed a private placement by La Mancha Investments following their exercise of Anti-Dilution Rights for 16,141,940 common shares. After these transactions, Elemental Altus has 245,762,591 common shares outstanding. The acquisition increases Elemental Altus' royalties on several gold projects and expands their royalty portfolio.

Elemental Altus Royalties Corp Presentation Update - 2025-04-25 - Elemental Altus Royalties...

Recent report update shows minor, insignificant changes with no impact on financial data, resource estimates, or company outlook, indicating stability in valuation and operations.