# Elemental Royalties and Altus Strategies agree all-share merger of equals

Elemental Royalties Corp. and Altus Strategies plc have agreed a recommended all-share merger of equals, with Elemental acquiring Altus. Altus shareholders will receive 0.5940 new Elemental shares per Altus share, and the combined company will be called New Elemental Altus Group.

- Type: Acquisition
- Announced: 2022-06-14
- Where: Vancouver, BC, Canada
- Status: announced
- Products: gold royalties

## Companies

- [Elemental Royalties](https://endata.com/companies/46916.md) (acquirer)
- [Altus Strategies plc](https://endata.com/companies/63453.md) (target)

## Sources

- [juniorminingnetwork.com](https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2828-tsx-venture/ele/123106-elemental-royalties-corp-announces-recommended-all-share-merger-of-equals.html), 2022-06-14: "The boards of Elemental and Altus believe that the Merger has compelling strategic logic and represents an attractive opportunity for both companies to create a global gold royalty company."

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