Elemental Altus Announces Results of Annual General and Special Meeting
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Elemental Altus Royalties Corp. | 1020 - 800 West Pender Street | Vancouver, BC | V6C 2V6 | Canada
ELEMENTAL ALTUS ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING
July 31, 2025 – Vancouver, BC: Elemental Altus Royalties Corp. (“ Elemental Altus” or the “Company”)
(TSX-V: ELE, OTCQX: ELEMF) announces the voting results from its Annual General and Special Meeting
held on July 29, 2025. Each of the resolutions approved at the meeting were described in detail in the
Company’s management information circular dated June 18, 2025, available on the SEDAR+ website at
www.sedarplus.ca and on the Company’s website at www.elementalaltus.com.
Resolution Votes
For
Votes
Against
Withheld/
Abstain % For %
Against
%
Withheld/
Abstain
Fixing the Number of Directors 179,474,695 4,701,560 - 97.45% 2.55% -
Election of Directors
Juan Sartori 179,058,302 - 96,774 99.95% - 0.05%
Simon Vumbaca 179,058,302 - 96,774 99.95% - 0.05%
Ravi Sood 168,784,931 - 10,370,145 94.21% - 5.79%
Sandeep Singh 179,061,045 - 94,031 99.95% - 0.05%
Prashant Francis 179,058,302 - 96,774 99.95% - 0.05%
Appointment of Auditors 184,152,227 - 24,028 99.99% - 0.01%
Approval of Omnibus Plan 175,695,950 388,547 - 99,78% 0.22% -
Approval of Consolidation 183,227,694 948,561 - 99.48% 0.52% -
Grant of Options
The Company has granted a total of 360,000 restricted share units (each “RSU”) and a total of 782,850
stock options to directors who joined the Company in 202 5. The RSUs vest in equal instalments over
twelve, twenty -four, and thirty -six months. Each vested RSU will entitle the holder to receive one
common share of the Company or the equivalent cash value thereof at the deemed price of C$1.99. The
RSUs will fully vest on July 31, 2028. The stock options are exercisable for a period of 5 years from the
date of the grant at an exercise price of C$ 1.60 per Common Share. 625,000 of the stock options vest
in four equal instalments on the date of grant, and on the 6 month, 12 month, and 18 month anniversary
thereof, and 157,850 stock options will vest on the one year anniversary of grant. The stock options and
RSUs will expire on July 31, 2030.
The stock options have been granted to directors of the Company under the terms of the Company’s
stock option and compensation share plan and are subject to regulatory approval.
Frederick Bell
CEO
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.
TSX.V: ELE | OTCQX: ELEMF | ISIN: CA28619K1093 | CUSIP: 28619K109
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Elemental Altus Royalties Corp. | 1020 - 800 West Pender Street | Vancouver, BC | V6C 2V6 | Canada
About Elemental Altus Royalties Corp.
Elemental Altus is an income generating precious metals royalty company with 1 0 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”), con cerning the
business, operations and financial performance and condition of the Company. Forward -looking
statements include, but are not limited to, statements with respect to the future price of gold; the
estimation of mineral reserves and mineral resources; the realization of Mineral Reserve estimates; the
Company’s growth prospects; the Company’s estimated 2025 revenues; and the timing and amount of
estimated future production. Generally, forward -looking statements can be ident ified 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 suc h forward-looking statements, including, but not limited to, 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 portfol io are subject,
regulatory restrictions, the impact of the current 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 April 29, 202 4, filed under the Company’s profile on
SEDAR (www.sedar plus.ca) for a complete list of applicable risk factors. Investors are advised that
National Instrument 43-101 Standards for disclosure for Mineral Projects (“NI 43-101”) of the Canadian
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Elemental Altus Royalties Corp. | 1020 - 800 West Pender Street | Vancouver, BC | V6C 2V6 | Canada
Securities Administrators requires that each category of Mineral Reserves and Mineral Resources be
reported separately. Mineral Resources that are not Mineral Reserves do not have demonstrated
economic viability.