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ELE.TO ·

Elemental Altus Announces Effective Date of Share Consolidation

Corporate Actions

Elemental Altus Announces Effective Date of

Share Consolidation

Vancouver, British Columbia--(Newsfile Corp. - September 16, 2025) - Further to its news release dated

September 11, 2025, Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("

Elemental

Altus

" or the "

Company

") is pleased to announce that it has received approval of the TSX Venture

Exchange (the "

TSX-V

") for the share consolidation of the issued and outstanding common shares of the

Company (the "

Common Shares

") on the basis of one (1) post-consolidation Common Share for every

ten (10) pre-consolidation Common Shares of the Company (the "

Consolidation

"). The Company's

Common Shares begin trading on the TSX-V on a consolidated basis effective today, September 16,

2025.

The new CUSIP number assigned to the Common Shares is 28619K208 and the new ISIN number is

CA28619K2083. The Company's name and trading symbol remain unchanged following the

Consolidation.

No fractional shares have been issued as a result of the Consolidation. Any fractional shares equal to or

greater than one-half resulting from the Consolidation have been rounded up to the nearest whole

number, otherwise, the fractional share has been cancelled.

A letter of transmittal from the Company's transfer agent, Computershare Investor Services Inc., has

been sent to registered shareholders holding physical share certificates. The letter of transmittal contains

instructions on how registered shareholders can exchange their physical share certificates representing

pre-Consolidation Common Shares for direct registration advices representing post-Consolidation

Common Shares. Until surrendered, each physical certificate will represent the number of whole post-

Consolidation Common Shares to which the holder is entitled as a result of the Consolidation.

Shareholders who hold their Common Shares in brokerages accounts are not required to take action to

effect an exchange of their pre-Consolidation Common Shares for post-Consolidation Common Shares.

Frederick Bell

CEO

Corporate & Media Inquiries:

Tel: +1 604 646 4527

[email protected]

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: CA28619K2083) (CUSIP: 28619K208)

About Elemental Altus Royalties Corp.

Elemental Altus is an income generating precious metals royalty company with 10 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-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.

Cautionary note regarding forward-looking statements

This news release contains "forward-looking information" within the meaning of applicable Canadian

securities laws and "forward-looking statements" within the meaning of the United States Private

Securities Litigation Reform Act of 1995, (together, "forward-looking statements"), concerning the

business, operations and financial performance and condition of the Company. Forward-looking

information in this press release may include, without limitation, statements relating to the

Consolidation. Generally, forward-looking statements can be identified by the use of forward-looking

terminology such as "plans," "expects" or "does not expect," "is expected," "budget," "scheduled,"

"estimates," "forecasts," "intends," "anticipates" or "does not anticipate," "believes," "projects" or

variations of such words and phrases or state that certain actions, events or results "may," "could,"

"would," "might" or "will be taken," "occur" or "be achieved." Forward-looking statements are based on

the opinions and estimates of management as of the date such statements are made, and they are

subject to known and unknown risks, uncertainties and other factors that may cause the actual results,

level of activity, performance or achievements of the Company to be materially different from those

expressed or implied by such forward-looking statements, including, but not limited to, the impact of

general business and economic conditions, volatility in the price of gold, discrepancies between

anticipated and actual production by companies in our portfolio, risks inherent in the mining industry

to which the companies in our portfolio are subject, regulatory restrictions, impacts of the COVID-19

pandemic on the companies in our portfolio, activities by governmental authorities (including changes

in taxation), currency fluctuations and the accuracy of the mineral reserves, resources and recoveries

set out in the technical data published by the companies in our portfolio. Although management of the

Company has attempted to identify important factors that could cause actual results to differ materially

from those contained in forward-looking statements, there may be other factors that cause results not

to be as anticipated, estimated or intended. There can be no assurance that such statements will

prove to be accurate, as actual results and future events could differ materially from those anticipated

in such statements. Accordingly, readers should not place undue reliance on forward-looking

statements. The Company cautions readers not to place undue reliance on forward-looking

statements, as forward-looking statements involve significant risks and uncertainties. Forward-looking

statements should not be read as guarantees of future performance or results and will not necessarily

be accurate indications of whether or not the times at or by which such performance or results will be

achieved. The Company does not undertake to update any forward-looking statements except in

accordance with applicable Canadian securities laws. Readers are directed to the Company's Annual

Information Form dated August 18, 2025, filed under the Company's profile on SEDAR+

(

www.sedarplus.ca

) for a complete list of applicable risk factors.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/266612