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EMX Royalty (EMX)

Research analysts covering EMX Royalty.

Recent press releases and 8-K filings for EMX.

EMX Royalty Corp. Acquired by Elemental Altus Royalties Corp.
EMX
M&A
Delisting/Listing Issues
Management Change
  • On November 13, 2025, EMX Royalty Corporation completed a plan of arrangement, resulting in Elemental Altus Royalties Corp. acquiring all of EMX's issued and outstanding common shares. EMX is now an indirect wholly-owned subsidiary of Elemental Altus.
  • Pursuant to the transaction, each EMX Share was exchanged for 0.2822 common shares of Elemental Altus, with a total of 31,500,450 Elemental Altus Shares issued to former EMX shareholders.
  • Elemental Altus will continue combined operations and has applied to change its name to "Elemental Royalty Corporation." Its shares are anticipated to commence trading on the TSX Venture Exchange under the ticker "ELE" and on the OTCQX Best Market under "ELEMF" on November 14, 2025.
  • EMX Shares are expected to be delisted from the TSX-V at market close on November 14, 2025, and from the NYSE American within one to two business days following this date.
Nov 14, 2025, 8:57 PM
EMX Royalty Corporation and Elemental Altus Royalties Corp. Complete Merger
EMX
M&A
Management Change
Delisting/Listing Issues
  • Elemental Altus Royalties Corp. and EMX Royalty Corporation completed their previously announced merger on November 13, 2025, forming a combined entity that will be renamed Elemental Royalty Corporation.
  • The common shares of Elemental Royalty Corporation are anticipated to begin trading on the TSX Venture Exchange under the ticker symbol "ELE" on November 14, 2025. EMX common shares are expected to be delisted from the TSX-V on November 13, 2025, and from the NYSE American within one to two business days.
  • In connection with the Transaction, David Cole was appointed CEO, Frederick Bell President and Chief Operating Officer, Stefan Wenger Chief Financial Officer, and David Baker Chief Investment Officer of Elemental Altus.
  • Elemental Altus also closed a private placement financing with Tether Investments S.A. de C.V., raising approximately US$100 million through the sale of 7,502,502 common shares at US$13.33 per share.
Nov 13, 2025, 11:00 AM
EMX Royalty Corporation Acquires Royalty on Chilean Copper Asset and Makes Strategic Investment
EMX
New Projects/Investments
M&A
  • EMX Royalty Corporation (EMX) announced on November 12, 2025, the acquisition of a 1.25% NSR royalty on the Puquios development-stage copper project in north central Chile.
  • EMX paid USD $6 million for the Royalty, with an additional USD $2 million payment contingent upon the commencement of construction of the Puquios project.
  • Concurrently, EMX subscribed to a private placement by Camino Minerals Corp., investing CAD $2.5 million for approximately 6.94 million shares.
  • The Puquios project, owned by Cuprum Resources Chile SpA (a joint venture between Camino Minerals Corp. and Nittetsu Mining Co., Ltd), has projected production of 223 million pounds of copper over a 14.2-year mine life, according to a Prefeasibility Study published in March 2025.
Nov 12, 2025, 1:03 PM
EMX Royalty Corporation receives court approval for Elemental Altus arrangement
EMX
M&A
Delisting/Listing Issues
Takeover Bid
  • EMX Royalty Corporation has received Supreme Court of British Columbia approval for its plan of arrangement with Elemental Altus Royalties Corp., under which Elemental Altus will acquire all of EMX's common shares.
  • The Arrangement is expected to close by mid-November 2025, following which EMX shares are anticipated to be de-listed from the TSX Venture Exchange, NYSE American Exchange, and Frankfurt Stock Exchange.
  • Elemental Altus's application to list on the Nasdaq Capital Market is currently delayed due to the U.S. federal government shutdown affecting the SEC, with approval expected after the SEC reopens.
Nov 10, 2025, 1:05 PM
EMX Royalty announces receipt of funds and royalty from Superior West Option close
EMX
New Projects/Investments
M&A
  • EMX Royalty Corporation announced the receipt of $3,407,383 and a 2.5% Net Smelter Return (NSR) royalty.
  • This transaction follows Kennecott Exploration Company's (KEX) exercise of its option to purchase EMX's Superior West Project, located in central Arizona.
  • The deal exemplifies EMX's royalty generation model, which involves acquiring mineral rights, advancing them through partnerships, and retaining royalty interests.
Nov 6, 2025, 1:02 PM
EMX Securityholders Approve Arrangement with Elemental Altus
EMX
M&A
Proxy Vote Outcomes
New Projects/Investments
  • EMX Royalty Corporation's securityholders have approved a plan of arrangement with Elemental Altus Royalties Corp..
  • The arrangement received strong support, with 98.83% of votes cast by shareholders in favor.
  • EMX will seek a final court order to approve the arrangement at a hearing scheduled for November 7, 2025, with the closing expected by mid-November 2025 if all conditions are met.
  • Elemental Altus shareholders also approved a private placement of 7,502,502 common shares to Tether Investments S.A. de C.V. for approximately $137.9 million (US$100 million).
Nov 5, 2025, 12:04 AM
EMX Royalty Corp. Receives Proxy Advisory Firm Recommendation for Elemental Altus Arrangement
EMX
M&A
Proxy Vote Outcomes
Takeover Bid
  • ISS and other leading independent proxy advisory firms, along with the EMX board of directors, have recommended that Securityholders vote FOR the Arrangement Resolution.
  • The Arrangement Resolution pertains to the proposed acquisition of EMX Royalty Corporation by Elemental Altus Royalties Corp..
  • The Special Meeting of Shareholders is scheduled for November 4, 2025, at 10:00 a.m. (Vancouver Time), with the proxy voting deadline set for October 31, 2025, at 10:00 a.m. (Vancouver Time).
  • ISS commented that the arrangement is strategically sound, offering the combined company benefits from scale and potential upside through an improved capital markets profile, with existing shareholders receiving Elemental Altus shares to participate in future growth.
Oct 22, 2025, 11:32 AM
EMX Royalty Corporation Files Meeting Materials for Elemental Altus Arrangement
EMX
M&A
Proxy Vote Outcomes
Guidance Update
  • EMX Royalty Corporation has announced the receipt of an Interim Order and the filing and delivery of its Management Information Circular for a special meeting to approve an arrangement with Elemental Altus Royalties Corp..
  • Under the arrangement, Elemental Altus will acquire all outstanding EMX common shares at an exchange ratio of 0.2822 Elemental Altus common shares for each EMX Share.
  • The special meeting is scheduled for November 4, 2025, at 10:00 a.m. (Vancouver time), with a record date of September 25, 2025, and a proxy voting deadline of October 31, 2025.
  • The EMX Board of Directors unanimously recommends that Securityholders vote FOR the Arrangement Resolution.
  • The combined company is projected to have revenue guidance of US$70 million in 2025 and analyst consensus revenue of US$80 million in 2026, and the arrangement offers a 21.5% premium to EMX Shareholders as of September 4, 2025.
Oct 2, 2025, 12:02 PM
EMX Royalty Corporation Schedules Special Meeting for Proposed Arrangement with Elemental Altus Royalties Corp.
EMX
M&A
Proxy Vote Outcomes
Guidance Update
  • EMX Royalty Corporation will hold a Special Meeting of Securityholders on November 4, 2025, at 10:00 A.M. (Vancouver time) to consider and vote on a plan of arrangement involving EMX, Elemental Altus Royalties Corp., and 1554829 B.C. Ltd..
  • The board of directors of EMX unanimously recommends that Securityholders vote FOR the Arrangement Resolution, noting that the Arrangement will not be completed if the resolution is not approved.
  • Upon completion of the Arrangement, the combined entity, to be named 'Elemental Royalty Corp.', is expected to result in existing EMX Shareholders owning approximately 49% and existing Elemental Shareholders approximately 51% on a fully diluted basis.
  • The Combined Company is projected to have revenue guidance of US$70 million in 2025 and analyst consensus revenue of US$80 million in 2026.
Oct 2, 2025, 11:50 AM
EMX Royalty Corp. to be Acquired by Elemental Altus Royalty Corp. for US$456 Million
EMX
M&A
Delisting/Listing Issues
Takeover Bid
  • EMX Royalty Corporation (EMX) and Elemental Altus Royalty Corp. entered into a definitive arrangement agreement on September 4, 2025, for Elemental Altus to acquire all outstanding common shares of EMX in an all-share transaction with an implied value of approximately US$456 million.
  • Under the terms of the agreement, EMX shareholders will receive 0.2822 common shares of Elemental Altus for each EMX Share if a concurrent 1-for-10 share consolidation by Elemental Altus is completed, or 2.822 Elemental Altus Shares if the consolidation is not completed.
  • Upon completion of the transaction, existing Elemental Altus shareholders and former EMX shareholders will own approximately 51% and 49%, respectively, of the outstanding common shares of the combined entity, which will be renamed "Elemental Royalty Corp.".
  • Immediately following the completion of the transaction, EMX Shares will be delisted from the TSX Venture Exchange and the NYSE American Exchange.
Sep 12, 2025, 8:31 PM