Gleason & Sons Increases Its Holdings in Elemental Altus Royalties After Tether's Investment, Expanded Revenues
Gleason & Sons LLC has increased its investment in Elemental Altus Royalties Corp. (OTCQX:ELEMF) by acquiring nearly one million common shares through open market purchases. The investment comes at a strategic time as Elemental Altus has achieved significant milestones, including debt elimination, record quarterly profits, and a $50 million unused credit facility.
The company now has over $20 million in cash and has gained Tether Investments as a major shareholder. Gleason & Sons views Elemental Altus as significantly undervalued and well-positioned for both royalty acquisitions and potential industry consolidation. The investment aligns with their strategy of targeting mining royalty companies, which offer lower risk compared to direct mining investments while benefiting from rising metals prices.
Gleason & Sons LLC ha aumentato il suo investimento in Elemental Altus Royalties Corp. (OTCQX:ELEMF) acquistando quasi un milione di azioni ordinarie tramite acquisti sul mercato aperto. L'investimento arriva in un momento strategico, poiché Elemental Altus ha raggiunto traguardi significativi, tra cui l'eliminazione del debito, profitti trimestrali record e una linea di credito inutilizzata da 50 milioni di dollari.
La società dispone ora di oltre 20 milioni di dollari in liquidità e ha acquisito Tether Investments come azionista di rilievo. Gleason & Sons considera Elemental Altus notevolmente sottovalutata e ben posizionata sia per acquisizioni di royalties che per una possibile consolidazione del settore. L'investimento è in linea con la loro strategia di puntare su società di royalties minerarie, che offrono un rischio inferiore rispetto agli investimenti diretti nelle miniere, beneficiando al contempo dell’aumento dei prezzi dei metalli.
Gleason & Sons LLC ha incrementado su inversión en Elemental Altus Royalties Corp. (OTCQX:ELEMF) adquiriendo cerca de un millón de acciones comunes a través de compras en el mercado abierto. La inversión llega en un momento estratégico, ya que Elemental Altus ha alcanzado hitos importantes, incluyendo la eliminación de deuda, ganancias trimestrales récord y una línea de crédito no utilizada de 50 millones de dólares.
La compañía ahora cuenta con más de 20 millones de dólares en efectivo y ha incorporado a Tether Investments como un accionista importante. Gleason & Sons considera que Elemental Altus está significativamente subvalorada y bien posicionada tanto para adquisiciones de regalías como para una posible consolidación en la industria. La inversión se alinea con su estrategia de enfocarse en compañías de regalías mineras, que ofrecen menor riesgo en comparación con inversiones directas en minería, beneficiándose al mismo tiempo del aumento en los precios de los metales.
Gleason & Sons LLC는 Elemental Altus Royalties Corp. (OTCQX:ELEMF)의 보통주 약 100만 주를 공개 시장에서 매입하여 투자를 확대했습니다. 이 투자는 Elemental Altus가 부채 제거, 분기별 사상 최대 이익, 5천만 달러 규모의 미사용 신용 한도 등 중요한 이정표를 달성한 전략적 시점에 이루어졌습니다.
회사는 현재 2천만 달러 이상의 현금을 보유하고 있으며, Tether Investments가 주요 주주로 합류했습니다. Gleason & Sons는 Elemental Altus가 크게 저평가되어 있으며 로열티 인수 및 산업 통합 가능성에 있어 좋은 위치에 있다고 평가합니다. 이 투자는 직접 광산 투자에 비해 위험이 낮고 금속 가격 상승의 혜택을 누릴 수 있는 광산 로열티 회사에 집중하는 전략과 부합합니다.
Gleason & Sons LLC a renforcé son investissement dans Elemental Altus Royalties Corp. (OTCQX:ELEMF) en acquérant près d'un million d'actions ordinaires sur le marché libre. Cet investissement intervient à un moment stratégique, alors qu'Elemental Altus a atteint des jalons importants, notamment l'élimination de la dette, des bénéfices trimestriels records et une facilité de crédit non utilisée de 50 millions de dollars.
L'entreprise dispose désormais de plus de 20 millions de dollars en liquidités et a fait entrer Tether Investments comme actionnaire majeur. Gleason & Sons considère Elemental Altus comme nettement sous-évaluée et bien positionnée tant pour des acquisitions de redevances que pour une éventuelle consolidation sectorielle. Cet investissement s'inscrit dans leur stratégie visant les sociétés de redevances minières, qui présentent un risque moindre comparé aux investissements directs dans les mines tout en profitant de la hausse des prix des métaux.
Gleason & Sons LLC hat seine Investition in Elemental Altus Royalties Corp. (OTCQX:ELEMF) durch den Erwerb von fast einer Million Stammaktien über den offenen Markt erhöht. Die Investition erfolgt zu einem strategisch günstigen Zeitpunkt, da Elemental Altus bedeutende Meilensteine erreicht hat, darunter Schuldenabbau, rekordverdächtige Quartalsgewinne und eine ungenutzte Kreditfazilität über 50 Millionen Dollar.
Das Unternehmen verfügt nun über mehr als 20 Millionen Dollar in bar und hat Tether Investments als bedeutenden Aktionär gewonnen. Gleason & Sons betrachtet Elemental Altus als deutlich unterbewertet und gut positioniert für sowohl den Erwerb von Lizenzgebühren als auch eine mögliche Branchenkonsolidierung. Die Investition passt zu ihrer Strategie, sich auf Bergbaulizenzunternehmen zu konzentrieren, die im Vergleich zu direkten Bergbauinvestitionen ein geringeres Risiko bieten und gleichzeitig von steigenden Metallpreisen profitieren.
- Company achieved its most profitable quarter ever
- Successfully eliminated all debt
- Secured $50 million unused credit facility
- Maintains strong cash position of over $20 million
- Gained strategic investor Tether Investments as major shareholder
- Experiencing expansion in payable ounces and revenues
- Stock remains significantly undervalued according to major investor
CHARLOTTE, NORTH CAROLINA / ACCESS Newswire / June 24, 2025 / Gleason & Sons LLC today announced today it has acquired nearly one million common shares of Elemental Altus Royalties Corp. ("Elemental Altus" or "the Company") (TSXV:ELE)(OTCQX:ELEMF) via ongoing open market purchases.
"We are pleased to be increasing our long-term investment in Elemental Altus as its management team transitions the Company into an exciting new growth phase - having paid off all debt, booked its most profitable quarter ever, and streamlined its governance structure," said Stefan Gleason, managing director of Gleason & Sons.
"Elemental Altus is now 'locked and loaded' with an unused
"The Company's prior investments have created an expansion of payable ounces, revenues, and net income at the most opportune time, given the ongoing rally in gold prices.
"We believe Elemental Altus remains significantly undervalued and is well positioned not only to acquire additional royalties but also, potentially, to serve as a catalyst for consolidation in the mining royalty space." Gleason concluded.
Gleason & Sons is the family office of Stefan Gleason, a Charlotte-based entrepreneur who owns several privately held businesses in the United States, including Money Metals Exchange LLC. Money Metals is one of the largest precious metals dealers and depositories in North America with nearly one million customers and over C
Gleason & Sons specifically targets equity and debt investments in mining royalty companies. Historically lower risk than direct investments in miners and explorers, the royalty model appears ideally positioned for an inflationary environment. Metals prices tend to rise, yet the royalty holder is insulated from the downside of higher operating, exploration, and capital costs at the underlying mines as well as other risks.
Stefan Gleason
Gleason & Sons LLC
Tel: 208-577-2230
www.GleasonSons.com
This release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, that address anticipated future events are forward-looking statements. Although the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements.
SOURCE: Gleason & Sons LLC
View the original press release on ACCESS Newswire
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