Elemental Royalties Reports Strengthening of Counterparties On Key Royalties and Provides Exploration Update
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VANCOUVER, BC, Dec. 21, 2020 /CNW/
- Elemental Royalties Corp. ("
Elemental" or "the
Company") (TSXV: ELE) (OTCQX: ELEMF), a gold-focused royalty company providing investors with exposure to a growing portfolio of producing royalties, is pleased to provide a corporate update covering three of its existing royalties and one royalty that is part of the portfolio being acquired from South32 Limited ("
South32") as announced on November 23, 2020.
Highlights
Premier") (TSX: PG). Elemental owns a 1% Net Smelter Returns ("
NSR") royalty on Premier's Mercedes Mine ("
Mercedes"), a key asset in the Premier portfolio, which becomes payable to Elemental from July 28, 2022 following a time hurdle