Brief: Elemental Royalty Corp Acquires Streams And Royalties Portfolio From Orion For $290 Million
BRIEF-Elemental Royalty Corp Acquires Streams And Royalties Portfolio From Orion For $290 Million Sept 22 (Reuters) - Elemental Royalty Corp ELE.TO:
ELEMENTAL ROYALTY CORP: ACQUIRES STREAMS AND ROYALTIES PORTFOLIO FROM ORION FOR $290.0 MILLION
ELEMENTAL ROYALTY CORP: DIVESTS GENERATION BUSINESS TO CARLIN EAST IN NON-BINDING DEAL
ELEMENTAL ROYALTY CORP: CEO DAVID COLE RESIGNS, TAKES LEADERSHIP ROLE AT CARLIN EAST
ELEMENTAL ROYALTY CORP: FREDERICK BELL APPOINTED CEO - SEC FILING
ELEMENTAL ROYALTY CORP: AS RESULT OF STRATEGIC DIVESTMENT OF GENERATION BUSINESS, ELEMENTAL WILL REDUCE COMPANY HEADCOUNT BY OVER 50%
ELEMENTAL ROYALTY: CO ANTICIPATES REDUCTION IN ANNUAL CASH EXPENSES OF ABOUT US$6 MILLION
ELEMENTAL ROYALTY CORP: TO RECEIVE $8.5 MILLION IN CARLIN EAST SHARES, ABOUT 19.9% STAKE ON POST-FINANCING BASIS
ELEMENTAL ROYALTY CORP: TO RETAIN 50% OF ALL EXISTING & FUTURE PRODUCTION ROYALTIES FROM TRANSFERRED AGREEMENTS
ELEMENTAL ROYALTY CORP: TO RECEIVE CASH PORTFOLIO PAYMENTS ABOVE $1.5 MILLION ANNUALLY FROM 2027-2030
ELEMENTAL ROYALTY CORP: 2026 GEO SALES GUIDANCE 19,500-22,000 GEOS, REVENUE GUIDANCE $89.8 MILLION-$101.1MLN
Further company coverage: ELE.TO
((Reuters.Briefs@thomsonreuters.com;))
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