Elemental Royalty Completes Acquisition of Laverton Royalty

About this update from Genesis Minerals Limited

[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - November 26, 2025) - Elemental Royalty Corporation (TSXV: ELE) (NASDAQ: ELE) ("Elemental" or "the Company") is pleased to announce that it has completed the previously announced acquisition of an existing uncapped 2% Gross Revenue Royalty ("GRR") over Genesis Minerals' ("Genesis") (ASX: GMD) Focus Laverton Project in Western Australia ("Focus Laverton Royalty"), and an existing 2% GRR on Brightstar Resources' ("Brightstar") (ASX: BTR) producing Jasper Hills Project, with the consideration of A$80 million (c.US$52 million) now paid in full.","length":670,"tagName":"p"},{"type":"text","content":"Highlights:","length":11,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Elemental has now completed the acquisition of the uncapped 2% GRR over Genesis' recently acquired multi-million-ounce Focus Laverton Project to create a fourth cornerstone asset alongside Timok, Karlawinda, and Caserones","length":225,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The Royalty covers ~2.1Moz of Measured and Indicated Resources and 1.5Moz of Inferred Resources adjacent to Genesis' operating Laverton mill, 99% on granted mining leases and positioned for rapid inclusion into Genesis' mine plan","length":237,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The Focus Laverton 2% GRR overlaps the Company's existing 2% GRR covering approximately 0.75Moz of Measured and Indicated Resources and 1.1Moz of Inferred Resources at the same project","length":188,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The combination of Elemental Royalty's existing Laverton royalty and the Focus Laverton Royalty create a cornerstone 2-4% GRR for the Company in a Tier 1 jurisdiction with a proven mid-tier operator in Genesis Minerals","length":222,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"As part of the same transaction, the Company acquired an uncapped 2% GRR on Brightstar's producing Jasper Hills Project in the same Laverton district","length":153,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":1025,"olType":false},{"type":"text","content":"David M. Cole, Chief Executive Officer of Elemental Royalty Corporat...

More updates from Genesis Minerals Limited