Elemental Altus files meeting material for financing

Executive Summary

• Elemental Altus Royalties Corp. filed and distributed its management information circular for the special shareholders’ meeting scheduled for Nov 4, 2025.
• The meeting will consider approval of a related‑party private placement of 7,502,502 common shares to Tether Investments at $18.38 CAD (≈ $13.33 USD) per share, targeting gross proceeds of approximately C$137.9 million (≈ US$100 million).
• A name change to “Elemental Royalty Corp.” is also proposed pending shareholder approval.

Key Details

• Financing Terms:
• Private placement of 7,502,502 common shares to Tether Investments S.A. de C.V.
• Price per share: C$18.38 (≈ US$13.33).

• Expected gross proceeds: ≈ C$137.9 million (≈ US$100 million).

• Shareholder Approvals Required:

• Ordinary resolution appointing Tether as a control person under TSX‑V Policy 1.1.
• Ordinary resolution approving the financing (majority of minority shareholder approval per MI 61‑101 & TSX‑V Policy 5.9).

• Special resolution to amend the notice of articles to change the company name to Elemental Royalty Corp. (or alternative as directed by the board).

• Meeting Logistics:

• Date: Nov 4, 2025; Time: 10:00 a.m. Vancouver time.
• Location: Suite 1020 – 800 West Pender St., Vancouver, B.C., V6C 2V6.

• Record date for shareholders: Close of business Sept 25, 2025.

• Access to Materials & Voting Due to Postal Strike:

• Materials posted on the company website and SEDAR+, available by courier or e‑mail upon request.
• Advertisement published in The Globe & Mail (Oct 3, 2025) with voting instructions.

• Online and telephone voting options provided; proxy cut‑off extended to Nov 3, 2025 (close of business).

• Voting Deadlines:

• Standard deadline: Oct 31, 2025, 10:00 a.m. Vancouver time.

• Waived cutoff due to strike: extended to Nov 3, 2025, close of business.

• Contact Information for Shareholders:

• Email: [email protected]
• Phone: 1‑604‑646‑4527 (general inquiries)
• Proxy assistance: Computershare at 1‑800‑564‑6253 for control numbers.

Notable Quotes

No executive quotes were included in the release.