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Elemental Royalty Declares Maiden March Dividend and Dividend Election Alternative for Tether Gold XAUT Tokens
Denver, Colorado--(Newsfile Corp. - March 20, 2026) - Elemental Royalty Corporation (TSXV: ELE) (...
About this update from Elemental Royalty Corporation
[{"type":"text","content":"Elemental Royalty Declares Maiden March Dividend and Dividend Election Alternative for Tether Gold XAUT TokensDenver, Colorado--(Newsfile Corp. - March 20, 2026) - Elemental Royalty Corporation (TSXV: ELE) (NASDAQ: ELE) (CUSIP: 28619K109) (\"Elemental\" or the \"Company\") is pleased to announce that its Board of Directors has declared the maiden dividend (the \"Dividend\") of US$0.03 per common share in the capital of the Company (each, a \"Common Share\"), with the intention to declare subsequent dividends at the end of each fiscal quarter, aggregating to US$0.12 per Common Share for the 2026 fiscal year.The Dividend will be paid to holders of record of Common Shares as of the close of business (4:30pm Eastern Time) on March 31, 2026 (the \"March Record Date\", and each subsequent record date, a \"Record Date\"), and will be distributed on or about April 15, 2026 (the \"April Payment Date\", and each subsequent payment date, a \"Payment Date\"). The Dividend qualifies as an \"eligible dividend\" for Canadian income tax purposes. The declaration, timing, amount and payment of future dividends remain at the discretion of the board of directors of the Company. Elemental is also pleased to announce a dividend election alternative (the \"Dividend Election Alternative\") under which duly qualified registered holders of Common Shares (\"Registered Shareholders\") may elect to have cash dividends otherwise payable to them, net of applicable of expenses and withholding taxes, delivered in Tether Gold XAU₮ tokens (\"XAU₮\" or the \"Tether Gold Tokens\"). In connection with this Dividend and any subsequent dividends, duly qualified registered holders of Common Shares will be able to make an election (an \"Election\") under the Dividend Election Alternative. A summary of the eligibility criteria for participation in, and details of the administration of, the Dividend Election Alternative are set out in this press release and the election form attached hereto as a schedule. Reference should also be made to the Company's website at https://elementalroyalty.com/investors/dividend/ for a more detailed description of the Dividend Election Alternative, including associated risk factors (the \"Dividend Election Document\"). Shareholders are encouraged to review the Dividend Election Document carefully before making an Election...