Business
Elemental Royalties Announces Record Annual Revenue of US$5.1 Million for 2020 and Further Revenue Growth Forecast for 2021
Elemental Royalties Announces Record Annual Revenue of US$5.1 Million for 2020 and Furthe...
About this update from Elemental Royalty Corporation
[{"type":"text","content":"\n \n \n \n Elemental Royalties Announces Record Annual Revenue of US$5.1 Million for 2020 and Further Revenue Growth Forecast for 2021\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen5{\nBORDER-TOP-COLOR:; VERTICAL-ALIGN: BOTTOM; BORDER-LEFT-COLOR:; BORDER-BOTTOM-COLOR:; PADDING-LEFT:0.50em; BORDER-RIGHT-COLOR:; PADDING-RIGHT:0.50em\n}\n.prngen4{\nBORDER-TOP-COLOR:; VERTICAL-ALIGN: BOTTOM; BORDER-LEFT-COLOR:; BORDER-BOTTOM-COLOR:; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-RIGHT-COLOR:; PADDING-RIGHT:0.50em\n}\n.prngen6{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP-COLOR:; VERTICAL-ALIGN: BOTTOM; BORDER-LEFT-COLOR:; BORDER-BOTTOM-COLOR:; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-RIGHT-COLOR:; PADDING-RIGHT:1.17em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Feb. 25, 2021\n \n /CNW/ - Elemental Royalties Corp. (\"\n \n Elemental\n \n \" or \"the\n \n Company\n \n \") (TSXV: ELE) (OTCQX: ELEMF) is pleased to report record annual revenue for 2020 and record quarterly revenue in Q4, alongside revenue guidance for 2021 that is the highest in the Company's history. This has been driven by the transformational acquisition of a portfolio of precious metals royalties from South32 that will continue to accelerate Elemental's revenue growth over the coming years.\n \n \n \n \n \n \n \n \n \n \n \n Full Year and Q4 2020 Revenue\n \n \n \n \n During 2020 Elemental achieved record preliminary revenue\n \n 1\n \n of approximately\n \n US$5.1 million\n \n , a 110% increase year-on-year and recorded approximately 2,900 attributable zero-cost gold equivalent ounces.\n \n 2\n \n \n \n During the three months ende...