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Cover for Elemental Altus Expands Royalty Portfolio with Acquisition of Large Australian Asset Package

Elemental Altus Expands Royalty Portfolio with Acquisition of Large Australian Asset Package

October 16, 2024
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Mining Stock Daily
By Mining Stock Daily
Mining Stock Daily

Fred Bell, CEO of Elemental Altus Royalties, discusses the company's recent acquisition of a 50% ownership in 24 existing royalties from Alphastream. The conversation covers the implications of this acquisition on revenue, the geographical focus of their portfolio, the impact of currency exchange rates on gold royalties, and the dynamics of shareholder dilution. Bell emphasizes the strategic nature of the acquisition and its potential to enhance the company's financial position and growth prospects.

Mining Stock Daily
Mining Stock Daily
Mining Stock Daily is a news-style briefing delivering the day's most important information out of the junior mining and mineral exploration sector. Content is published throughout the world on a dozen different platforms.
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