Elemental Royalty Corporation (ELE) Financings
TSX: ELE · Gold · Royalty/Streaming stage
- Market cap$1.72B
- Share price$23.70
- 52-week range$17.75 – $34.29
- Shares outstanding72,411,548
- ExchangeTSX
- Websitewww.elementalroyalty.com
Elemental Royalty is a new mid-tier, gold-focused streaming and royalty company with a globally diversified portfolio of 18 producing assets and more than 200 royalties, anchored by cornerstone assets and operated by world-class mining partners. Formed through the merger of Elemental Altus and EMX, the Company combines Elemental Altus's track record of accretive royalty acquisitions with EMX's strengths in royalty generation and disciplined growth. This complementary strategy delivers both immediate cash flow and long-term value creation, supported by a best-in-class asset base, diversified production, and sector-leading management expertise.
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Elemental Royalty Corporation financial statements
Key figures read from 39 of 39 financial statement filings, Mar 1, 2017 to Aug 11, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | US$53,143 | US$4,454 | US$11,287 | US$17,478 | US$6,110 |
| Total current assets | US$94,412 | US$21,086 | US$18,784 | US$40,232 | US$8,488 |
| Total current liabilities | US$14,348 | US$3,349 | US$1,993 | US$7,393 | US$1,595 |
| Working capital | US$80,064 | US$17,737 | US$16,791 | US$32,839 | US$6,893 |
| Exploration and evaluation assets | — | — | US$0 | US$2,757 | — |
| Property, plant and equipment | US$1,141 | — | US$0 | US$193 | — |
| Total assets | US$907,316 | US$204,167 | US$188,922 | US$185,928 | US$76,495 |
| Debt | US$0 | US$2,687 | US$30,000 | US$30,000 | US$24,430 |
| Total liabilities | US$126,901 | US$7,783 | US$33,723 | US$39,501 | US$26,025 |
| Shareholders' equity | US$780,415 | US$196,384 | US$155,199 | US$146,427 | US$50,470 |
Income statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Revenue | US$43,643 | US$15,993 | US$11,335 | US$8,962 | US$6,611 |
| Cost of sales | — | — | — | (US$138) | — |
| General and administrative | (US$16,467) | (US$6,755) | (US$7,215) | (US$3,085) | (US$2,971) |
| Share-based compensation | (US$2,436) | (US$1,388) | (US$243) | (US$4,066) | (US$638) |
| Impairments and write-downs | (US$2,017) | (US$436) | (US$292) | (US$4,484) | — |
| Net income (loss) | US$1,772 | (US$312) | (US$3,041) | (US$18,211) | (US$4,726) |
Cash flow statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | US$34,009 | US$6,087 | US$1,993 | (US$723) | US$1,119 |
| Investing cash flow | (US$56,325) | US$4,514 | (US$5,555) | (US$3,389) | (US$40,121) |
| Financing cash flow | US$74,556 | (US$16,109) | (US$2,630) | US$15,761 | US$34,203 |
| Exploration spending (capitalized) | — | — | — | (US$1,290) | — |
| Proceeds from share issues | US$100,000 | US$12,763 | US$0 | US$14,928 | US$12,667 |
| Change in cash | US$48,689 | (US$6,833) | (US$6,191) | US$11,368 | (US$4,811) |
| Cash at end of period | US$53,143 | US$4,454 | US$11,287 | US$17,478 | US$6,110 |
Elemental Royalty Corporation financings
2 financings announced or closed by Elemental Royalty Corporation, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-03-02 | Elemental Royalty Corporation (ELE) | Debt | Upsized | US$200.0M | — | Elemental Royalty Announces Amended and Upsized Credit Facility to up to US$200M |
| 2025-10-03 | Elemental Royalty Corporation (ELE) | Private placement | Announced | US$137.9M | $18.38 | Elemental Altus Announces Filing and Sending of Meeting Materials in Connection with Its Special Meeting of Shareholders to Approve Tether Financing and Steps in Connection with Access to Meeting Materials During Postal Strike |
Elemental Royalty Corporation debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Elemental Royalty Corporation has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2026-03-02 | Credit facility, amended | Canadian Imperial Bank of Commerce (CIBC) | US$200M | matures 2029-02-27 |
| 2024-11-14 | Credit facility, amended | Royal Bank of Canada | US$10M | matures 2027-06 |
| 2024-07-04 | Credit facility, repaid / settled | National Bank of Canada | US$50M | — |
| 2022-12-01 | Loan, repaid / settled | Sprott | US$30M | — |
| 2020-08-04 | Convertible note / loan, repaid / settled | Tembo Mining Capital Fund LP | C$115,494 | 12%, matures 2019-07-31 |
| 2020-03-20 | Convertible debenture, converted | — | — | — |
| 2018-09-13 | Convertible note / loan, amended (company lending) | to DECEMBER | C$1.01M | 12%, matures 2018-12-12 |
| 2018-06-15 | Convertible note / loan, amended (company lending) | to SEPTEMBER | C$1.01M | 12%, matures 2018-09-12 |
| 2017-12-15 | Convertible note / loan, amended (company lending) | to MARCH | C$876,267 | 10%, matures 2018-03-31 |