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      Elemental Royalty Corp Acquires Portfolio from Orion for $290 Million

      Elemental Royalty Corp has completed the acquisition of a streams and royalties portfolio from Orion for a total of $290 million. This strategic move is part of Elemental's ongoing efforts to expand its asset base in the mining sector.

      In a separate transaction, Elemental Royalty Corp has divested its generation business to Carlin East in a non-binding agreement. As part of this deal, Elemental will receive $8.5 million in shares of Carlin East, which equates to approximately a 19.9% stake on a post-financing basis. Additionally, Elemental will retain 50% of all existing and future production royalties associated with the transferred agreements.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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