Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Elemental Altus Royalties Corp V.ELE

Alternate Symbol(s):  ELEMF

Metals & Mining Gold
Elemental Altus Royalties Corp. is a Canada-based precious metals royalty company. The Company has about 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, as well as generating royalties on new discoveries. The Company’s portfolio includes Karlawinda, Caserones, Wahgnion, Ming, Bonikro, Mercedes, Ballarat, Amancaya, South Kalgoorlie, Mt. Pleasant, and Pre-Production Royalties. The Karlawinda Gold Project is located in the Pilbara region of Western Australia, over 70 kilometers by road southeast of the town of Newman. The Caserones mine is situated in the Atacama region of Northern Chile. The Wahgnion mine is located southwest of Burkina Faso. The Bonikro open-pit gold mine is located in Cote d'Ivoire, approximately 230 kilometers northwest of Abidjan.


TSXV:ELE - Post by User

Elemental Altus Royalties Corp
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(1859)
•••
Post by Betteryear2on Jul 20, 2023 1:38pm
77 Views
Post# 35550031

Elemental Altus to Sell Diba Gold Project

Elemental Altus to Sell Diba Gold ProjectVancouver, British Columbia--(Newsfile Corp. - July 20, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces that it has executed a Sale & Purchase Agreement ("SPA") with Allied Gold Corporation ("Allied") for the sale of the Company's 100% owned subsidiary Legend Mali (BVI) III Inc. which indirectly owns 100% of the Korali-Sud Small Scale Mining Licence ("Korali Sud") & Lakanfla Exploration Licence ("Lakanfla") (combined "Diba" or "the Project") in western Mali. As consideration, Allied will pay up to US$6 million in cash and grant a Net Smelter Return ("NSR") royalty of up to 3% on gold produced from the Project.

Elemental Altus to Sell Diba Gold Project in Mali to Allied Gold, Operator of the Adjacent Flagship Sadiola Gold Mine for Cash & NSR Royalty (newsfilecorp.com)
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities