Brief: Gold Royalty Commences Formal Offer To Acquire Elemental Royalties Corp

Gold Royalty

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;))