Elemental Royalties (TSE:ELE) has released an update.
Elemental Altus Royalties Corp. has successfully closed the sale of its Ethiopian exploration assets, maintaining a stake in future project successes through royalties and equity interests. The company has also received additional payments from project partnerships, notably a $400,000 installment from In2Metals related to their investment in Akh Gold Ltd. Elemental Altus celebrates the creation of over 20 royalties and significant cash returns from strategic partnerships, leveraging these successes to invest in new opportunities.
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