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Elemental Altus Secures Strategic Investment and Expands Portfolio

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Elemental Altus Secures Strategic Investment and Expands Portfolio

Elemental Royalties (TSE:ELE) has released an update.

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Elemental Altus Royalties is strengthening its financial position through a strategic private placement with La Mancha, who will maintain its ownership stake by investing C$17.7 million. This move coincides with Elemental Altus’s acquisition of a significant portfolio of gold royalties, expected to increase their 2025 revenue by 25%.

For further insights into TSE:ELE stock, check out TipRanks’ Stock Analysis page.

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