Elemental Royalties Announces Name Change to Elemental Altus Royalties Corp
Elemental Royalties Announces Name Change
to Elemental Altus Royalties Corp
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2022) - Elemental Royalties Corp.
(TSXV: ELE) (OTCQX: ELEMF) is pleased to announce that it is changing its name to "Elemental Altus
Royalties Corp." ("
Elemental Altus
" or the "
Company
"). The name change follows the completion of
the Company's share-for-share merger of equals with Altus Strategies plc, announced on August 16,
2022, and was overwhelmingly approved by the Company's shareholders at the Company's Annual
General and Special Meeting held on August 8, 2022.
The name change is expected to become effective on or about September 26, 2022, subject to final
approval from the TSX Venture Exchange ("
TSX-V
").
The Company's trading symbol on the TSX-V will remain unchanged as "ELE". On the OTCQX, the
Company's ticker remains unchanged as "ELEMF". Following the name change, the new CUSIP number
assigned to the Company's common shares will be 28619K109 and the new ISIN number will be
CA28619K1093.
The name change does not affect the rights of the Company's shareholders. There is no consolidation of
capital associated with the name change. Shareholders will not be required to take any action in
connection with the name change. Issued certificates representing common shares of the Company will
not be affected by the name change and will not need to be exchanged. The Company encourages
shareholders to contact their broker with any questions regarding the proposed name change.
Frederick Bell, CEO of Elemental Altus, commented:
"Our new name symbolises the successful merger with Altus Strategies. Together, our diverse and
resilient asset base will deliver a materially increased revenue profile with a lower cost of capital as we
focus on building a global gold royalty company."
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, as well as generating royalties on new discoveries. 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.
On behalf of Elemental Altus Royalties Corp.
Frederick Bell
CEO and Director
Corporate & Media Inquiries:
Michael Starke, Investor Relations Manager
Direct: +44 (0) 203 983 7040
www.elementalaltus.com
Elemental Altus is a proud member of Discovery Group. For more information please visit:
www.discoverygroup.ca
or contact 604-653-9464.
(TSXV: ELE) | (OTCQX: ELEMF) | ISIN: CA28619K1093 | CUSIP: 28619K109
Notes
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 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, whether shareholders will be required by
their broker to exchange their issued certificate for a new certificate or take any other action in
connection to the name change, the Company's ability to deliver a materially increased revenue profile
with a lower cost of capital, the future growth, development and focus of the Company, and the
acquisition of new royalties and streams. 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 31
December 2021. 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/138071