Fredrick Bell, CEO of Elemental Altus Royalties (TSX.V:ELE – OTCQX:ELEMF) joins us to review the key financial and operations metrics from 2022, key royalty partner updates, and the growth strategies for 2023.
2022 started out with a hostile takeover bid from Gold Royalty Corp which was fought off by the Company, then followed by an announcement in June of an at-market merger with Altus Strategies. Fred explains how this merger immediately increased the value of the Company and the overall royalty portfolio. We also highlight the recent transaction to acquire a portfolio of 19 uncapped royalties from First Mining Gold Corp (TSX: FF) (OTCQX: FFMGF).
We review the importance of the cornerstone Casserones copper royalty in Chile, the exploration growth potential at and around the Laverton Royalty, and also the ongoing bidding process for a new operating partner at the Ming Mine and royalty. 2023 has already seen a few new royalties acquisitions, and Fred believes there are a number of other transactions that will develop as the year unfolds.
If you have any follow up questions for Fred regarding Elemental Altus Royalties or the royalty sector please email us at Fleck@kereport.com and Shad@kereport.com.
- In full disclosure, Shad is a shareholder of Elemental Altus Royalties
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