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Gold Royalty goes hostile on Elemental to grow portfolio

Gold Royalty has announced a hostile offer to acquire Elemental Royalties in an all-stock US$130 million deal with a 37% premium.

Gold Royalty goes hostile on Elemental to grow portfolio Gold Royalty goes hostile on Elemental to grow portfolio Gold Royalty goes hostile on Elemental to grow portfolio Gold Royalty goes hostile on Elemental to grow portfolio Gold Royalty goes hostile on Elemental to grow portfolio

The company has offered 0.27 shares of Gold Royalty for each Elemental share, valuing Elemental at C$1.78 per share.

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