Elemental Royalty Completes Acquisition of Laverton Royalty

Rhea-AI Summary

Elemental Royalty (TSXV: ELE, NASDAQ: ELE) announced on November 26, 2025 that it has completed the acquisition of an uncapped 2% gross revenue royalty (GRR) over Genesis Minerals' Focus Laverton Project and an existing 2% GRR on Brightstar's producing Jasper Hills Project for A$80 million (c. US$52 million), paid in full.

The Focus Laverton royalty covers ~2.1 Moz Measured & Indicated and 1.5 Moz Inferred resources, overlaps an existing Elemental 2% royalty (~0.75 Moz M&I and 1.1 Moz Inferred), and combined creates a cornerstone 2–4% GRR in the Laverton district. Elemental now holds 4% GRR over 67 km2 and a further 2% GRR over 240 km2; JORC estimates include 2.1 Moz Indicated, 1.6 Moz Inferred and a 546,000 oz probable ore reserve.

Positive

• Acquisition completed for A$80M (c.US$52M) paid in full
• Adds cornerstone 2–4% GRR exposure in Laverton district
• Focus Laverton covers ~2.1 Moz M&I resources
• Jasper Hills royalty will contribute to Q4 and FY2025 revenue

Negative

• A$80M cash consideration represents a material cash outflow
• Focus Laverton includes 1.5 Moz Inferred resources (higher uncertainty)

Key Figures

Acquisition consideration A$80 million Laverton and Jasper Hills GRR acquisition

Acquisition value (USD) US$52 million Laverton and Jasper Hills GRR acquisition

Laverton GRR rate 2% GRR Uncapped gross revenue royalty on Focus Laverton Project

Combined Laverton GRR 2–4% GRR Cornerstone GRR over Laverton royalty area

M&I resources covered 2.1 Moz Measured and Indicated resources under Laverton royalty

Inferred resources covered 1.5 Moz Inferred resources under Laverton royalty

JORC Indicated 45.0 Mt @ 1.5 g/t Au for 2,100,000 oz Laverton JORC 2012 Indicated Mineral Resource estimate

Probable ore reserve 13.0 Mt @ 1.3 g/t Au for 546,000 oz Laverton JORC 2012 Probable Ore Reserve estimate

Market Reality Check

$12.79 Last Close

Volume Volume 181,438 versus 20-day average 107,008 indicates elevated trading interest pre-news. high

Technical Price 15.15 trading above 200-day MA of 0.8 ahead of the acquisition completion.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 04	Option agreement	Positive	-2.1%	Option deal with First Quantum on Hachita copper-gold with NSR retained.
Nov 26	Royalty acquisition	Positive	+10.4%	Completion of Laverton and Jasper Hills 2% GRR acquisition for A$80M.

Pattern Detected

Limited history shows one positive alignment on an acquisition and one divergence where a seemingly constructive option deal coincided with a modest price decline.

Recent Company History

This announcement completes a major Laverton royalty acquisition for Elemental Royalty, adding uncapped 2–4% GRR exposure over multi-million-ounce resources. Earlier, on December 4, 2025, the company executed an option agreement on the Hachita copper-gold project with First Quantum, securing over US$800,000 in payments and a retained 3% NSR plus milestone and annual royalties. The Laverton deal, first announced on November 26, 2025, previously saw a 10.39% positive reaction, suggesting investors viewed this acquisition as strategically important.

Market Pulse Summary

This announcement confirms completion of a major royalty acquisition, giving Elemental uncapped 2–4% GRR exposure to multi-million-ounce JORC-compliant resources at Laverton plus a 2% GRR on the producing Jasper Hills project. Historically, the initial completion news prompted a 10.39% move, underscoring its perceived importance. Key factors to monitor include how quickly these resources convert into mine plans, realized revenue contributions in Q4 and Full Year 2025, and any future portfolio optimization steps.

Key Terms

gross revenue royalty financial

"acquisition of an existing uncapped 2% Gross Revenue Royalty ("GRR") over Genesis Minerals'"

A gross revenue royalty is a fixed payment calculated as a percentage of a company’s total sales before expenses, paid to a third party such as an investor, landowner or licensor. It matters to investors because it directly reduces the cash a business keeps from each sale—like a toll taken from every dollar of income—affecting profitability, cash flow and the company’s ability to reinvest or pay dividends, and it is paid regardless of whether the business is profitable.

measured and indicated resources technical

"covers ~2.1Moz of Measured and Indicated Resources and 1.5Moz of Inferred Resources"

Measured and indicated resources are two levels of confidence in estimates of a mineral deposit’s size and quality: ‘measured’ is the highest-confidence estimate, while ‘indicated’ is a somewhat less certain but still reliable estimate. Think of measured like ingredients weighed on a kitchen scale and indicated like amounts estimated by eye; together they tell investors how much material is likely present and how predictable future extraction and costs may be, which affects project valuation and risk assessment.

inferred resources technical

"Measured and Indicated Resources and 1.5Moz of Inferred Resources adjacent to Genesis'"

An inferred resource is an early-stage estimate of how much mineral or fuel may be present in the ground based on limited geological evidence and sampling. Think of it like seeing scattered clues that suggest a buried treasure might exist but not having dug enough to be sure; the potential size and value are uncertain. For investors it signals possible upside but carries high risk and should not be treated as proven supply or relied on for firm production plans.

probable ore reserve technical

"Probable Ore Reserve Estimate of 13.0 Mt @ 1.3 g/t Au for 546,000 ounces1"

A probable ore reserve is an estimate of the amount of mineral material in the ground that a company believes can be mined profitably, based on geological data and preliminary economic studies. It carries a reasonable level of confidence — stronger than an exploratory estimate but not as certain as a proven reserve — and affects how investors value a mining project because it indicates likely future production and revenue. Think of it as a well-informed forecast of what can realistically be taken out and sold.

jorc 2012 technical

"has the following JORC 2012 compliant Mineral Resource and Ore Reserve Estimates"

JORC 2012 is a widely used industry code that sets rules for how mining companies must report mineral exploration results, mineral resources and ore reserves. It creates a consistent “recipe” for disclosures by requiring qualified experts, supporting data and clear statements about how confident the estimates are, so investors can compare projects, judge uncertainty and make better-informed value and risk decisions.

mt technical

"Indicated Mineral Resource Estimate of 45.0 Mt @ 1.5 g/t Au"

mt is the common abbreviation for metric ton (also spelled tonne), a unit of mass equal to 1,000 kilograms or about 2,204.6 pounds. Investors see this term most often in commodities, mining, agriculture, and shipping reports because it expresses the size of production, inventory, or shipments; thinking of it as a large, standardized shipping crate helps compare quantities across companies and markets.

g/t au technical

"45.0 Mt @ 1.5 g/t Au for 2,100,000 ounces1"

g/t Au stands for grams per tonne of gold and measures how much gold is contained in one tonne of rock or ore. Investors use it like a yield rate: higher g/t Au means more gold recovered from the same amount of material, which usually improves a mine’s revenue potential and lowers production cost per unit of metal. Think of it as the sweetness level of fruit—more sugar per piece makes each piece more valuable.

AI-generated analysis. Not financial advice.

Vancouver, British Columbia--(Newsfile Corp. - November 26, 2025) - Elemental Royalty Corporation (TSXV: ELE) (NASDAQ: ELE) ("Elemental" or "the Company") is pleased to announce that it has completed the previously announced acquisition of an existing uncapped 2% Gross Revenue Royalty ("GRR") over Genesis Minerals' ("Genesis") (ASX: GMD) Focus Laverton Project in Western Australia ("Focus Laverton Royalty"), and an existing 2% GRR on Brightstar Resources' ("Brightstar") (ASX: BTR) producing Jasper Hills Project, with the consideration of A$80 million (c.US$52 million) now paid in full.

Highlights:

• Elemental has now completed the acquisition of the uncapped 2% GRR over Genesis' recently acquired multi-million-ounce Focus Laverton Project to create a fourth cornerstone asset alongside Timok, Karlawinda, and Caserones
• The Royalty covers ~2.1Moz of Measured and Indicated Resources and 1.5Moz of Inferred Resources adjacent to Genesis' operating Laverton mill, 99% on granted mining leases and positioned for rapid inclusion into Genesis' mine plan
• The Focus Laverton 2% GRR overlaps the Company's existing 2% GRR covering approximately 0.75Moz of Measured and Indicated Resources and 1.1Moz of Inferred Resources at the same project
• The combination of Elemental Royalty's existing Laverton royalty and the Focus Laverton Royalty create a cornerstone 2-4% GRR for the Company in a Tier 1 jurisdiction with a proven mid-tier operator in Genesis Minerals
• As part of the same transaction, the Company acquired an uncapped 2% GRR on Brightstar's producing Jasper Hills Project in the same Laverton district

David M. Cole, Chief Executive Officer of Elemental Royalty Corporation commented: "We are delighted to have now completed the acquisition of the Laverton Royalty, an exceptional quality asset in a top-tier jurisdiction with a clear pathway to imminent production with a world-class operator. This acquisition cements an additional cornerstone royalty in our portfolio of outstanding, high-quality, producing and advanced development assets. The transaction also includes a royalty on the producing Jasper Hills Project which will immediately contribute to our Q4 and Full Year 2025 revenue."

The Laverton Royalty
The Laverton Project covers several Archaean greenstone belts north-northeast of Kalgoorlie which host a range of orogenic lode gold deposits, typical of the Western Australian Yilgarn Eastern Goldfields. The Laverton district is one of the best endowed gold regions in Australia, hosting a number of major deposits, such as Gold Fields' Granny Smith and AngloGold Ashanti's Sunrise Dam.

Elemental Royalty now holds a total 4% GRR over 67km² of the project, and a further 2% GRR over an additional 240km², encompassing the following deposits:

• Beasley Creek and Beasley Creek South
• The Chatterbox Trend, including Apollo, Eclipse, Innuendo, Rumor
• The Gladiator Trend, including Gladiator and Murrays
• The Lancefield-Wedge Trend, including Telegraph, Wedge-Lancefield North
• The historic underground Lancefield Gold Mine
• The Karridale-Burtville Project
• The Euro Trend, comprising both North and South deposits
• The Cragiemore-Mary Mac Trend, including the Golden Pinnacles, Mary Mac and Craigiemore
• The West Laverton-Bulldog Trend
• The Barnicoat Project, including Barnicoat, Admiral Hill, Bells, Castaway, Grouse and Sickle

The wider Laverton project has the following JORC 2012 compliant Mineral Resource and Ore Reserve Estimates, over which Elemental has significant coverage:

• Indicated Mineral Resource Estimate of 45.0 Mt @ 1.5 g/t Au for 2,100,000 ounces¹
• Inferred Mineral Resource Estimate of 23.0 Mt @ 2.1 g/t Au for 1,600,000 ounces¹

Including:

• Probable Ore Reserve Estimate of 13.0 Mt @ 1.3 g/t Au for 546,000 ounces¹

The newly acquired royalty area also includes an additional combined 240,000 ounces of historical gold resources² at the Barnicoat Project and South Lancefield, reported to a JORC-2004 Compliant standard only.

David M. Cole
CEO and Director

For more information, please contact:

David M. Cole	info@elementalroyalty.com
CEO
Tara Vivian-Neal	info@elementalroyalty.com
Investor Relations

 

www.ElementalRoyalty.com

TSXV: ELE | NASDAQ: ELE | ISIN: CA28619K1093 | CUSIP: 28619K109

About Elemental Royalty Corporation.
Elemental Royalty is a new mid-tier, gold-focused streaming and royalty company with a globally diversified portfolio of 16 producing assets and more than 200 royalties, anchored by cornerstone assets and operated by world-class mining partners. Formed through the merger of Elemental Altus and EMX, the Company combines Elemental Altus's track record of accretive royalty acquisitions with EMX's strengths in royalty generation and disciplined growth. This complementary strategy delivers both immediate cash flow and long-term value creation, supported by a best-in-class asset base, diversified production, and sector-leading management expertise.

Elemental Royalty trades on the TSX Venture Exchange and on NASDAQ under the ticker Symbol "ELE".

Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this press release.

Qualified Person
Michael P. Sheehan, CPG, a Qualified Person as defined by National Instrument 43-101 and employee of the Company, has reviewed, verified and approved the disclosure of the technical information contained in this news release.

¹ Genesis Mineral Ltd., news release dated 26 May, 2025 – Mineral resource and reserve estimates were compiled by Mr. Alex Aaltonen, a Competent Person who is a Member of the Australasian Institute of Mining and Metallurgy (AusIMM). Mr. Aaltonen is an employee of Focus Minerals Limited.
^2. A Qualified Person has not completed sufficient work to classify these historical estimates as current Mineral Resources in accordance with the JORC Code (2012), and it is uncertain whether further evaluation will result in the estimates being reported in accordance with the JORC Code (2012). The company is not treating these estimates as current, and further work, including data validation, QAQC review, and re-estimation, will be required to report updated resources.

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 are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Elemental Royalty to control or predict, that may cause Elemental Royalty's 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 Royalty 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 possibility that future exploration, development or mining results will not be consistent with Elemental Royalty' 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 Elemental Altus for the year ended December 31, 2024. Elemental Altus undertakes no obligation to update forward-looking statements and information except as required by applicable law. Such forward-looking statements and information represent 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/276090

FAQ

What did Elemental Royalty (ELE) acquire on November 26, 2025?

Elemental completed purchase of an uncapped 2% GRR on Genesis' Focus Laverton and a 2% GRR on Brightstar's Jasper Hills for A$80M.

How much did Elemental (ELE) pay for the Laverton royalty and was it paid in full?

The consideration was A$80 million (c. US$52 million), which the company says is now paid in full.

What are the resource figures covered by the Focus Laverton royalty (ELE)?

Focus Laverton covers about 2.1 Moz Measured & Indicated and 1.5 Moz Inferred resources, per JORC-compliant estimates.

What immediate revenue impact does the Jasper Hills royalty have for ELE?

Elemental says the Jasper Hills royalty is producing and will immediately contribute to Q4 and full-year 2025 revenue.

How much GRR exposure does Elemental (ELE) now hold at Laverton?

Elemental now holds a combined 4% GRR over 67 km2 and an additional 2% GRR over 240 km2 in the Laverton project area.

Where can investors find more information about the ELE Laverton acquisition?

Investors can consult Elemental Royalty's investor relations materials and filings for transaction details and resource tables.