Vancouver, British Columbia--(Newsfile Corp. - November 23, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces its operating and financial results for the quarter ended September 30, 2023. For complete details please refer to the Financial Statements and associated Management Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2023, which can be found on the SEDAR+ website (www.sedarplus.ca) or the Company's website (www.elementalaltus.com).

Frederick Bell, CEO of Elemental Altus, commented:

"The third quarter of 2023 has seen the announcement of three new royalty acquisitions alongside the creation of nine gold royalties through the sale of our in-house generated projects in Egypt, Mali and Ethiopia. The Cactus copper royalty acquisition in the USA adds a high-quality long-life asset to the portfolio that fits well into our development portfolio, while the increase to the Caserones copper royalty in Chile is in line with our strategy to maintain our exposure to high-quality producing assets. The announced transactions on the royalty generation front give us substantial upside through a combination of cash payments and continuing equity exposure with our partners Allied Gold, In2Metals and ANS Exploration. see & read more on
https://www.newsfilecorp.com/release/188551/Elemental-Altus-Royalties-Announces-Record-Year-to-Date-Revenue