Brief: Gold Royalty Commences Formal Offer To Acquire Elemental Royalties Corp
11/01/2022 14:46
Jan 11 (Reuters) - Elemental Royalties Corp ELE.V :
* GOLD ROYALTY COMMENCES FORMAL OFFER TO ACQUIRE ELEMENTAL
ROYALTIES CORP.
* GOLD ROYALTY CORP - OFFER VALUES ELEMENTAL AT C$1.78 PER
SHARE
* GOLD ROYALTY CORP - OFFER IMPLIES A TOTAL EQUITY VALUE FOR
ELEMENTAL OF APPROXIMATELY C$130 MILLION
* GOLD ROYALTY CORP - ELEMENTAL SHAREHOLDERS ARE EXPECTED TO
OWN
APPROXIMATELY 12% OF COMBINED ENTITY UPON COMPLETION
Source text for Eikon: ID:nPnbGTNPra
Further company coverage: ELE.V
((Reuters.Briefs@thomsonreuters.com;))
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