Elemental Royalty Completes Acquisition of Laverton Royalty

Executive Summary

• Elemental Royalty Corporation completed the acquisition of an uncapped 2% Gross Revenue Royalty (GRR) on Genesis Minerals’ Focus Laverton Project and a 2% GRR on Brightstar Resources’ producing Jasper Hills Project for A$80 million (≈US$52 million).
• The transaction adds a fourth cornerstone royalty to Elemental’s portfolio, bringing total coverage in the Laverton district to approximately 4% GRR over 67 km² plus an additional 2% GRR over 240 km².
• The newly acquired royalties cover ~2.1 Moz Measured & Indicated Resources and 1.5 Moz Inferred Resources, with immediate revenue contribution expected in Q4 2025 and FY 2025.

Key Details

• Consideration: A$80 million (c.US$52 million) paid in full.
• Assets Acquired:
• Uncapped 2% GRR on Genesis Minerals’ Focus Laverton Project (Western Australia).
• Uncapped 2% GRR on Brightstar Resources’ Jasper Hills producing project (same district).
• Resource Coverage of New Laverton Royalty:
• ~2.1 Moz Measured & Indicated Resources.
• ~1.5 Moz Inferred Resources.
• Overlaps existing 2% GRR covering 0.75 Moz Measured & Indicated and 1.1 Moz Inferred resources.
• Combined Royalty Position: Total of 4% GRR over 67 km² plus an additional 2% GRR over 240 km², encompassing multiple trends and historic mines (e.g., Beasley Creek, Chatterbox Trend, Gladiator Trend, Lancefield‑Wedge Trend, etc.).
• Mineral Resource & Reserve Estimates for Laverton District (JRC‑2012 compliant):
• Indicated: 45.0 Mt @ 1.5 g/t Au → 2,100,000 oz Au.
• Inferred: 23.0 Mt @ 2.1 g/t Au → 1,600,000 oz Au.
• Probable Ore Reserve: 13.0 Mt @ 1.3 g/t Au → 546,000 oz Au.
• Historical Resources Included: Additional ~240,000 oz of historic gold resources at Barnicoat Project and South Lancefield (JRC‑2004 compliant).
• Revenue Impact: The Jasper Hills royalty will generate immediate cash flow in Q4 2025 and throughout FY 2025.
• Management Quote: CEO David M. Cole stated the acquisition “cements an additional cornerstone royalty” and provides a clear pathway to imminent production with Genesis Minerals.

Notable Quotes

“We are delighted to have now completed the acquisition of the Laverton Royalty, an exceptional quality asset in a top‑tier jurisdiction with a clear pathway to imminent production with a world‑class operator.” – David M. Cole, CEO & Director

Materiality Assessment: Material – Positive (completion of a significant royalty acquisition that materially expands the company’s asset base and is expected to generate immediate revenue).