Elemental Altus Announces Appointment of New Director
Elemental Altus Announces Appointment of
New Director
Vancouver, British Columbia--(Newsfile Corp. - December 31, 2024) - Elemental Altus Royalties
Corp. (TSXV: ELE) (OTCQX: ELEMF) ("
Elemental Altus
" or the "
Company
") announces the
appointment today of Matthieu Bos to the Board of Directors ("
Board
") as an independent non-
executive director.
The appointment of Matthieu to the Board is made pursuant to the Company's investor rights agreement
with La Mancha and replaces La Mancha's existing director nominee, Jack Lunnon. Accordingly, the
Company will continue to have a Board of seven directors, with six non-executives.
John Robins, Chair of Elemental Altus, commented:
"We are pleased to welcome Matthieu to the Board. His extensive experience in mining capital
markets and business development across BMO and Ivanhoe Mines will provide valuable insight as
we continue to drive growth and deliver value for our shareholders. We also thank Jack for his time
and commitment to the Board and look forward to continuing to work with him in his capacity as a
senior member of the La Mancha team."
Matthieu Bos
Matthieu Bos is a trained metallurgist and former mining investment banker. Matthieu is currently the
President and CEO of Falcon Energy Materials plc, an advanced stage graphite development company
with assets in Guinea, backed by La Mancha. In Matthieu's previous role as Executive Vice President
Africa for Ivanhoe Mines, Matthieu was a key member of the team that delivered the world-class Kamoa-
Kakula Copper Project and was actively involved in US$3 billion in equity and debt financings from
various strategic and institutional investors, including Zijin Mining and CITIC Metal.
Frederick Bell
CEO and Director
Corporate & Media Inquiries:
Tel: +1 604 646 4527
www.elementalaltus.com
Elemental Altus is a proud member of Discovery Group. For more information please visit:
www.discoverygroup.ca
or contact +1 604 646 4527.
TSXV: ELE | OTCQX: ELEMF | ISIN: CA28619K1093 | CUSIP: 28619K109
About Elemental Altus Royalties Corp.
Elemental Altus is an income generating precious metals royalty company with 11 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. 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.
Neither the TSX Venture Exchange (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.
The appointment of the new director to the Board is subject to the approval of the TSX-V.
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. 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 Elemental Altus for the year ended
December 31, 2023. 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/235638