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Elemental Altus Expands Royalty Portfolio with Acquisition of Large Australian Asset Package
Published 1 year, 5 months ago
Description
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.