Elemental Royalty Corporation (ELE) completed the first close of its acquisition from funds managed by Orion, acquiring four of five royalty and stream assets: the Ruby Hill Complex and Granite Creek silver stream, Kouroussa gold stream, Homestake District royalty, and La Negra royalty. Upfront consideration was US$188 million in cash and 3,942,881 common shares; issued and outstanding shares totaled 76,471,207 after issuance.
Elemental amended its revolving credit facility from US$150 million to US$250 million, with a further US$50 million accordion subject to conditions. The facility has a term of 3 years, extendable by mutual agreement; amounts drawn bear interest at SOFR plus 2.25%-3.5% per annum depending on leverage. The Snowy River gold stream is expected to close separately in Q1 2027, subject to satisfaction of applicable regulatory approvals in New Zealand. Silverco's Preliminary Economic Assessment for La Negra outlines average annual production of 4.1 Moz AgEq over an 8.2-year mine life, with steady-state throughput of 2,500 tonnes per day beginning in H2 2027.
Elemental Royalty Corp. (ELE) agreed to acquire five precious-metals streams and royalties for total consideration of US$290 million: US$200 million in cash and US$90 million in Elemental shares, representing approximately 5.6% of issued and outstanding shares. The transaction is subject to customary closing conditions, including Toronto Stock Exchange approval; the Snowy River stream also requires New Zealand government approvals. Completion is expected in Q4 2026 or, for Snowy River only, up to Q1 2027. Elemental said the completed transaction would provide a material and immediate revenue-base uplift, with Kouroussa, La Negra and Ruby Hill delivering cash flow from day one.
To fund the cash consideration, Elemental secured National Bank of Canada's commitment to increase its revolving credit facility from US$150 million to US$250 million. The existing US$50 million accordion feature will be retained, providing potential total capacity of US$300 million, subject to additional lender commitments and customary conditions; the amended facility is expected to become effective on or prior to closing. David M. Cole resigned as CEO and director with immediate effect, and Frederick Bell was appointed CEO and director. Cole is taking a full-time role as Executive Chair of Carlin East Inc.
Elemental Royalty Corp. (ELE) will participate in Renmark Financial Communications Inc.’s live virtual non-deal roadshow on October 7, 2026, at 10:00 AM EST. Chief Executive Officer and Director Frederick Bell and Chief Investment Officer David Baker will present the company’s latest investor presentation, followed by a live Q&A. Registration may be limited; a replay will be available on the company’s Investor website after the event.
Elemental Royalty Corp (symbol: ELE) is the issuer of record for a Form 6-K filing submitted to the SEC.
Elemental Royalty Corp (ELE) announced a transformative set of transactions combining a large royalty and streaming acquisition, a strategic divestment, and a leadership change. The company agreed to acquire a portfolio of five precious metals streams and royalties from Orion Mine Finance funds for US$290 million, consisting of US$200 million in cash and US$90 million in Elemental shares. The acquired portfolio includes a 50% silver stream on i-80 Gold’s Ruby Hill Complex and Granite Creek, a 5% gold stream on Mansa Resources’ Kouroussa Mine, a 2.5% gross revenue royalty on Silverco Mining’s La Negra Mine, a 1% gold stream on Endura Mining’s Snowy River project, and two 1% NSR royalties in Dakota Gold’s Homestake District.
To fund the cash portion, Elemental secured a commitment to increase its revolving credit facility from US$150 million to US$250 million, retaining a US$50 million accordion for potential total capacity of US$300 million. Subject to completion, the three producing assets in the Orion portfolio will contribute from August 1, 2026, and Elemental updated its 2026 sales guidance to 19,500–22,000 GEOs, including an expected 1,500 GEOs from the Orion portfolio, and now expects 2026 revenue of US$89.8–US$101.1 million at stated commodity prices.
Concurrently, Elemental entered a non-binding agreement to divest its Generation Business to Carlin East. Elemental will receive shares in Carlin East with a deemed value of US$8.5 million, expected to represent about 19.9% on a post-financing basis, retain 50% of all existing and future production royalties from transferred agreements and certain buyback proceeds, and share portfolio cash flows under a tiered structure. This divestment is expected to reduce company headcount by over 50% and lower annual cash expenses by about US$6 million, or roughly 25% of projected annual cash expenditures, leading to a more streamlined, cash-generative business while preserving long-term optionality through its retained royalty interests and equity stake in Carlin East. As part of the transition, David M. Cole resigned as CEO and director to lead Carlin East, and Frederick Bell, the company’s founder and current President and COO, has been appointed CEO and director.
Elemental Royalty Corp (symbol: ELE) is the issuer of record for a Form 6-K filing submitted to the SEC.
Elemental Royalty Corp (ELE) announced that its board has declared a quarterly dividend of US$0.03 per common share, for a total of US$0.12 per share for the 2026 fiscal year. The dividend will be paid to shareholders of record as of September 30, 2026 and is expected to be distributed on or about October 15, 2026.
The company also highlights its Dividend Election Alternative, under which duly qualified registered shareholders may elect to receive their cash dividend, net of expenses and withholding taxes, "in kind" in Tether Gold XAU₮ tokens, facilitated through Equiniti and Bullish. Elections for the upcoming dividend must be received by September 24, 2026, and the number of tokens delivered will be based on the net dividend amount divided by the LBMA Gold Price (PM) in U.S. dollars on the last trading day before the record date. Future dividends, including the availability and terms of this alternative, remain at the discretion of Elemental’s board and subject to legal, regulatory, and eligibility requirements.
Elemental Royalty Corp (symbol: ELE) is the issuer of record for a Form 6-K filing submitted to the SEC.
Elemental Royalty Corp (ELE) reports that its shares have been added to the MVIS® Global Junior Gold Miners Index (MVGDXJ), the benchmark for the VanEck Junior Gold Miners ETF (GDXJ). The inclusion becomes effective after market close on September 18, 2026 as part of GDXJ’s semi-annual review and quarterly rebalance.
Management states that this follows a year in which Elemental increased its scale, trading liquidity and portfolio quality, positioning it as a mid-tier gold-focused streaming and royalty company with a globally diversified portfolio. The company highlights that index inclusion in one of the world’s largest junior precious metals ETFs is expected to enhance trading liquidity and visibility among institutional and retail investors.
Elemental describes its portfolio as comprising 18 producing assets and more than 200 royalties, built through the merger of Elemental Altus and EMX and a strategy that blends accretive royalty acquisitions with royalty generation and disciplined growth.
Elemental Royalty Corporation (ELE) reports that Mexico’s antitrust agency, the Comisión Nacional Antimonopolio, has granted clearance for Elemental’s acquisition of Vizsla Royalties Corp. This is described as the final regulatory milestone needed to complete the transaction.
The deal gives Elemental exposure to Vizsla Royalties’ 2.0%–3.5% net smelter returns royalties on Vizsla Silver Corp.’s Panuco silver-gold project in Mexico. These Panuco Royalties are life-of-mine interests with no caps, buybacks or step-downs and will be cornerstone assets in Elemental’s portfolio. Elemental characterizes itself as a new mid-tier, gold-focused streaming and royalty company with a globally diversified portfolio of 18 producing assets and more than 200 royalties.