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