Elemental Royalty Announces Inaugural Dividend and Option FOR Qualifying Registered Shareholders to Receive Tether GOLD
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Elemental Royalty Corporation | www.elementalroyalty.com
ELEMENTAL ROYALTY ANNOUNCES INAUGURAL DIVIDEND AND OPTION FOR QUALIFYING
REGISTERED SHAREHOLDERS TO RECEIVE TETHER GOLD
February 17, 2026 – Denver, Colorado: Elemental Royalty Corporation (“Elemental” or “the Company”)
(TSX-V: ELE, NASDAQ: ELE ) is pleased to announce that its Board of Directors has approved an
inaugural dividend policy (the “Dividend Policy”). In accordance with the Policy, Elemental expects to
declare an annual cash dividend to its shareholders of US$0.12 per Elemental common share, to be
paid in quarterly instalments of US$0.03 per share, with the record date for the inaugural dividend to
be paid at the end of the first calendar quarter of 2026, and at the end of each calendar quarter
following for subsequent dividends.
The Company is also pleased to announce that it anticipates that qualifying registered shareholders will
be able to elect to receive their dividend in the form of Tether Gold XAU₮ tokens , of par value to the
dividend price, thereby providing Elemental shareholders with direct ownership of physical gold
through their investment in gold royalties.
Highlights
• Maiden Dividend Policy approved by the Board of Directors
• Expected annual cash dividend of US$0.12 per Elemental share, paid quarterly
• Anticipated that qualifying registered shareholders will be able to elect that their cash
dividends be invested in Tether Gold’s XAU₮ token
• The Dividend to shareholders is supported by Elemental’s strong projected revenue and cash
flow growth profile in 2026 and beyond
• Further information on how shareholders may elect to receive the dividend or dividend in kind,
will be provided in due course
David M. Cole, Chief Executive Officer of Elemental Royalty, commented: “The approval of this dividend
policy marks an important milestone in Elemental’s strategic trajectory and reflects our confidence in the
strength and momentum of the business; we believe this is the right time to introduce a sustainable, long-term,
dividend. The decision to offer investors a dividend in kind, in the form of Tether Gold, further differentiates
Elemental as a forward-thinking, growth-oriented investment.”
Stefan Wenger, Chief Financial Officer of Elemental Royalty Corporation, commented: “Our inaugural
dividend is underpinned by Elemental’s strong balance sheet and future revenue outlook in the near and
longer-term: as of December 31, 2025, we had approximately US$53 million of cash and no debt, providing
substantial financial flexibility as we continue to invest in growth. We will continue to maintain a disciplined
approach to capital allocation , balancing returning capital to shareholders through a progressive dividend
which we intend to maintain, or even increase, without compromising on our strategy of accretive growth
through the acquisition and generation of precious metals streams and royalties .”
Juan Sartori, Executive Chairman of Elemental Royalty Corporation, commented : “We believe the
initiation of this dividend policy is a world first for a royalty company : we anticipate enabling qualifying
shareholders to elect to have their cash dividend invested in the purchase of the Tether XAU₮ token, thereby
facilitating for shareholders greater exposure to physical gold through Tether Gold’s stablecoin and retaining
real long-term value storage via a practical mechanism for gold-denominated investment returns.”
Dividend policy
This inaugural Dividend Policy is a direct reflection of the Company’s disciplined approach to balancing
strategic growth investments with direct shareholder returns. The Elemental portfolio has proven to
be a solid, high-margin, strong-cash-generating foundation from which we anticipate continued growth
in asset values and revenue , through a pipeline of near-term development assets, in addition to
expansions at producing assets, thereby providing us with the financial strength to return capital to our
shareholders through meaningful dividends . The Company anticipates that qualifying registered
shareholders will be able to elect to direct their cash dividend to be invested in the purchase of Tether
Gold’s XAU₮ token.
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Elemental Royalty Corporation | www.elementalroyalty.com
Subsequent Announcement
The Company plans to notify shareholders of the formal declaration of the dividend and record date in
a subsequent news release. The Company also expects that such news release will contain instructions
as to how certain registered shareholders may elect to direct their cash dividend to be invested in the
purchase of the Tether XAU₮ token.
Based on the Company’s closing share price of US$21.05 per share on the NASDAQ, on February 13,
2026, the quarterly dividend the Company expects to declare implies a forward annualized dividend
yield of 0.6%. Based on 63.9 million shares outstanding as of February 13, 2026, the total dividend
anticipated to be paid in respect of the first calendar quarter of 2026 is expected to be approximately
US$1.9 million.
Tether Gold XAU₮
Tether Gold (XAU₮) is a stablecoin that provides ownership on a 1:1 basis of one fine troy ounce of
gold on a physical gold bar that meets the Good Delivery standard of the London Bullion Market
Association (LBMA).
David M. Cole
CEO and Director
For more information, please contact:
David M. Cole [email protected]
CEO
Tara Vivian-Neal [email protected]
Investor Relations
www.elementalroyalty.com
Phone: +1 (604) 688-6390
TSX.V: ELE | NASDAQ: ELE | ISIN: CA28620K1066 | CUSIP: 28620K
About Elemental Royalty Corporation.
Elemental Royalty is a new mid -tier, gold -focused streaming and royalty company with a globally
diversified portfolio of 16 producing assets and more than 200 royalties, anchored by cornerstone assets
and operated by world-class mining partners. Formed through the merger o f Elemental Altus and EMX,
the Company combines Elemental Altus’s track record of accretive royalty acquisitions with EMX’s
strengths in royalty generation and disciplined growth. This complementary strategy delivers both
immediate cash flow and long -term value creation, supported by a best -in-class asset base, diversified
production, and sector-leading management expertise.
Elemental Royalty trades on the TSX Venture Exchange and on NASDAQ under the ticker Symbol “ELE”.
Information Regarding Tether Gold XAUT
This news release includes information relating to Tether Gold XAU₮. This information was derived from,
and Elemental has relied on, without independent verification, publicly available documents, as well as
certain other third -party sources, with respect to such information . Elemental has not independently
verified, and does not assume, any responsibility for the accuracy or completeness of the information
contained in any such documents or provided by any such third -party sources or for any events that
may have occurred or that may affect the accuracy of any such information.
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Elemental Royalty Corporation | www.elementalroyalty.com
Cautionary note regarding forward-looking statements and financial outlook
This news release contains certain “forward looking statements” and certain “forward -looking
information” as defined under applicable United States and 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 (including negative and grammatical variations thereof).
This news release also contains “financial outlook” as defined under applicable Canadian securities laws,
which management has approved as of the date hereof. The purpose of the financial outlook is to explain
to readers the Company’s reasons for initiating the payment of dividends to its shareholders at the end
of the first quarter of 2026 and thereafter , and therefore this information may not be appropriate for
other purposes.
Forward-looking statements and information contained in this news release include: Elemental’s
expectation that it will declare an annual cash dividend to its shareholders of US$0.12 per Elemental
common share; the expected quarterly dividend payment of US$0.03 per share; the record date for
dividends; the frequency and amount of subsequent dividends; the anticipation that certain qualifying
registered shareholders will be able to use cash dividends to invest in the purchase of the Tether Gold
XAU₮ token, including whether or not registered shareholders in any particular jurisdiction (including
the United States) will be qualified under applicable regulatory requirements of such jurisdiction to
make an election to so use their cash dividends; the benefits of holding Tether Gold XAU₮ token; near-
term catalysts for growth and anticipated continuing growth, including in its net asset value and
revenues; the expectation that the dividend will be maintained or increased over time; the strong
projected revenue growth profile of the Company in 2026; that an investment in Tether XAU₮ tokens
will retain real long -term value storage via a practical mechanism for gold -denominated investment
returns; the Company’s pipeline of near -term development assets, and expected expansions at
producing assets; and future financial strength.
Financial outlook contained in this news release includes: the Company’s 2025 cash position of
approximately US$53 million (as the Company’s audited annual financial statements are not yet
completed).
Forward-looking statements and information (including financial outlook) are subject to various known
and unknown risks and uncertainties, many of which are beyond the ability of Elemental to control or
predict, that may cause Elemental ’s 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 . Such assumptions, risks and uncertainties include:
that the audited annual financial statements will accord with projections or expectations; that
anticipated growth to support continued payment of dividends will be realized; the ability of the
Company to identify and contract with a third party to administer t he purchase of Tether XAU₮ token
on behalf of certain qualifying registered shareholders; laws governing the purchase and sale of the
Tether XAU₮ token in jurisdictions in which the Company operates and in which shareholders reside
and the ability of the Company and Tether Gold to comply therewith; whether or not the election to
direct cash dividends to purchase the Tether XAU₮ token will be available to registered shareholders in
any particular jurisdiction (including the United States); that the Company’s rate of growth in financial
metrics will continue as expected; the impact of general business and economic conditions, the absence
of control over the mining operations from which Elemental Royalty 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 any pandemic, epidemic or other health
emergency; the possibility that future exploration, development or mining results will not be consistent
with Elemental’s 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 co sts of financing needed in the future; t he
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Elemental Royalty Corporation | www.elementalroyalty.com
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 and securities law restrictions ; market and regulatory reaction to
the Company’s plans and policies; 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 for the year ended
December 31, 2024 , and the annual information form of EMX Royalty Corporation (a wholly -owned
subsidiary of the Company) for the year ended December 31, 2024. Elemental undertakes no obligation
to update forward -looking statements and information except as required by applicable law. Such
forward-looking statements and information represent management's best judgment based on
information currently available. N o 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.
Neither the TSX-V, its Regulation Service Provider (as that term is defined in the policies of the TSX -
V) or the Nasdaq Stock Market LL C accepts responsibility for the adequacy or accuracy of this press
release.