# Elemental Royalties and Fengro Industries announce business combination

Elemental Royalties Limited entered into a binding business combination agreement for a reverse takeover of Fengro Industries Corp, with the resulting company to be named Elemental Royalties and listed on the TSX-V.

- Type: Acquisition
- Announced: 2020-04-27
- Where: Canada
- Status: announced
- Products: mineral royalties
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Elemental Royalties](https://endata.com/companies/46916.md) (acquirer)
- [Fengro Industries](https://endata.com/companies/46917.md) (target)

## Sources

- [elementalroyalty.com](https://www.elementalroyalty.com/news/elemental-fengro-announce-business-combination-agreement/), 2020-04-30: "Elemental is pleased to confirm that it has entered into a binding business combination agreement dated April 27, 2020 concerning the reverse takeover of Fengro."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.