Recent Updates — ELE
Elemental Royalty Corporation has completed the acquisition of four royalty and streaming assets from Orion Mine Finance Management LP. The company paid US$188 million in upfront cash consideration and issued 3,942,881 common shares to close the transaction. Concurrently, Elemental amended its existing revolving credit facility with National Bank of Canada, CIBC, and Scotiabank, increasing the facility size from US$150 million to US$250 million, with an additional US$50 million accordion feature available. The acquired assets include the Ruby Hill Complex and Granite Creek silver streams, the Kouroussa gold stream, the Homestake District royalty, and the La Negra royalty. Elemental Royalty Corporation is a mid-tier, gold-focused streaming and royalty company operating globally.
On September 21, 2026, Elemental Royalty Corporation entered into definitive agreements to acquire a portfolio of five precious metals streams and royalties from Orion Mine Finance Management LP for US$290 million. The consideration consists of US$200 million in cash and US$90 million in equity shares, representing approximately 5.6% of issued and outstanding shares. Elemental secured a commitment from National Bank of Canada to increase its revolving credit facility from US$150 million to US$250 million to fund the transaction. Concurrently, CEO David M. Cole resigned, and Founder Frederick Bell was appointed as the new Chief Executive Officer and Director. The transaction is expected to close in Q4 2026 or Q1 2027 for the Snowy River stream. Elemental Royalty Corporation operates in the mining finance sector, acquiring royalty and streaming interests in precious metals projects.
Elemental Royalty Corporation completed the acquisition of Vizsla Royalties Corp. on September 14, 2026, via a court-approved plan of arrangement, making Vizsla Royalties a wholly-owned subsidiary. The transaction involved acquiring Panuco net smelter returns royalties on Vizsla Silver's project in Mexico. Shareholders elected cash or stock consideration, resulting in Elemental paying approximately C$82 million and issuing 8,105,440 shares to former Vizsla Royalties holders, who now own approximately 11.19% of the outstanding Elemental Shares. Vizsla Royalties ceased trading on September 16, 2026. Elemental Royalty Corporation operates in the mining royalty and streaming sector.
Elemental Royalty Corp announced a US$290 million acquisition of a portfolio comprising five precious metals streams and royalties from Orion Mine Finance, funded by US$200 million in cash and US$90 million in equity. Concurrently, the company entered into a non-binding agreement to divest its Generation Business to Carlin East Inc., with outgoing CEO David M. Cole stepping down to lead the new entity. Incoming CEO Frederick Bell has been appointed to replace him. The transactions are expected to reduce G&A by over 25%, increase scale, and simplify the corporate structure. Elemental also secured an upsized credit facility of up to US$300 million to support the acquisition. This mid-tier gold-focused streaming and royalty company operates in the precious metals mining sector.
On September 14, 2026, Elemental Royalty Corporation completed the acquisition of all issued and outstanding shares of Vizsla Royalties Corp. through a court-approved plan of arrangement. Shareholders elected to receive either C$4.13 in cash, 0.15 Elemental common shares, or a combination of C$1.03 in cash and 0.1125 Elemental shares per Vizsla share. Following proration based on a maximum aggregate cash cap of approximately C$81.8 million, Elemental paid roughly C$82 million in total cash consideration and issued approximately 8,105,440 new Elemental common shares to former Vizsla shareholders. Consequently, Vizsla Royalties became a wholly-owned subsidiary of Elemental, and its shares will be delisted from the TSX Venture Exchange as it ceases public reporting obligations. Elemental Royalty Corporation operates in the mining royalty and streaming sector.