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Elemental Royalties Announces Results of Annual General and Special Meeting

Shareholder Meetings

Elemental Royalties Announces Results of

Annual General and Special Meeting

Vancouver, British Columbia--(Newsfile Corp. - August 8, 2022) - Elemental Royalties Corp. (TSXV:

ELE) (OTCQX: ELEMF) ("

Elemental

" or "the

Company

"), a diversified gold royalty company focused

on quality, accretive and revenue-generating acquisitions across established and emerging mining

regions, is pleased to announce the voting results from its Annual General and Special Meeting held on

August 8, 2022.

Each of the resolutions approved at the meeting were described in detail in the Company's management

information circular dated July 8, 2022, available on SEDAR at

sedar.com

and on the Company's

website at

elementalroyalties.com

.

Resolution

Votes

For

Votes

Against

Withheld/

Abstain

% For

%

Against

%

Withheld/

Abstain

Number of Directors

49,739,148

3,859

Nil.

99.99%

0.01%

Nil.

Number of Directors - Combined

Company

49,735,148

7,859

Nil.

99.98%

0.02%

Nil.

Election of Directors

Frederick Bell

49,740,148

Nil.

2,859

99.99%

Nil.

0.01%

Martin Turenne

49,731,348

Nil.

11,659

99.98%

Nil.

0.02%

Peter Williams

49,735,748

Nil.

7,259

99.99%

Nil.

0.01%

John Robins

49,735,748

Nil.

7,259

99.99%

Nil.

0.01%

Simon Collins

49,735,748

Nil.

7,259

99.99%

Nil.

0.01%

Election of Directors - Combined

Company

Frederick Bell

49,737,338

Nil.

5,669

99.99%

Nil.

0.01%

Martin Turenne

49,728,548

Nil.

14,459

99.97%

Nil.

0.03%

Peter Williams

49,732,948

Nil.

10,059

99.98%

Nil.

0.02%

John Robins

49,732,948

Nil.

10,059

99.98%

Nil.

0.02%

Steven Poulton

49,734,338

Nil.

8,669

99.98%

Nil.

0.02%

Karim Nasr

49,734,738

Nil.

8,269

99.98%

Nil.

0.02%

David Netherway

49,734,138

Nil.

8,869

99.98%

Nil.

0.02%

Robert Milroy

49,732,738

Nil.

10,269

99.98%

Nil.

0.02%

Appointment of Auditors

51,147,815

Nil.

7,889

99.98%

Nil.

0.02%

Approval of Omnibus Plan*

37,729,209

38,759

Nil.

99.90%

0.10%

Nil.

Share Issuance Resolution

49,730,048

12,959

Nil.

99.97%

0.03%

Nil.

Approval of Name Change

51,142,589

13,115

Nil.

99.97%

0.03%

Nil.

* Excluding 11,975,039 shares held by Insiders.

Corporate Inquiries:

Dustin Zinger, Investor Relations Manager

Corporate Website:

www.elementalroyalties.com

Direct: +1 (604) 653-9464

Email:

[email protected]

Elemental 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: CA28619L1076)

About Elemental Royalties

Elemental is a gold-focused royalty company listed on the TSX-V in Canada and provides investors with

lower risk precious metals exposure through a portfolio of nine high-quality royalties.

This enables

investors to benefit from ongoing royalty revenue, future exploration upside and low operating costs.

Elemental's experienced team seeks to secure royalties in advanced precious metals projects, run by

established operators, from its pipeline of identified opportunities.

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.

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

https://www.newsfilecorp.com/release/133152