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EMX Securityholders Approve Arrangement with Elemental Altus
EMX Royalty EMX Royalty (US:EMX) Newsfileยท2025-11-04 22:25

Core Viewpoint - EMX Royalty Corporation has received overwhelming approval from its shareholders and optionholders for a plan of arrangement involving Elemental Altus Royalties Corp and 1554829 B.C. Ltd, which will lead to Elemental Altus acquiring all outstanding common shares of EMX [1][2]. Voting Results - The Arrangement was approved by 98.83% of votes cast by shareholders present at the meeting [2] - 98.95% of votes cast by shareholders and optionholders voting together as a single class also approved the Arrangement [2] - 98.66% of votes cast by shareholders, excluding certain votes as required by regulations, supported the Arrangement [2] Next Steps - Following the approval, EMX will seek a final order from the Supreme Court of British Columbia on November 7, 2025 [3] - Completion of the Arrangement is contingent upon approval from Elemental Altus shareholders for the Tether Concurrent Financing and other regulatory approvals [3] - If all conditions are met, the Arrangement is expected to close by mid-November 2025 [3] Financing Details - Elemental Altus shareholders approved a private placement of 7,502,502 common shares at a price of $18.38 per share to Tether Investments, raising approximately $137.9 million [4] - The completion of this financing is subject to final approval from the TSX Venture Exchange [4] Company Overview - EMX is a precious and base metals royalty company, providing investors with exposure to discovery, development, and commodity price optionality while limiting operational risks [5]