On August 16, 2022, Elemental Royalties Corp. completed its merger with Altus Strategies plc, forming a global gold royalty entity. This merger, based on equality, positions the combined entity, soon to be named 'Elemental Altus Royalties Corp.', to further consolidate the royalty sector and pursue high-quality assets. The union was solidified via a court-approved scheme in the UK, with Altus shareholders giving their nod on August 8, 2022, and Elemental shareholders concurring the same day. The UK High Court sanctioned the merger on August 12, 2022. Per the agreement, Elemental issued 0.594 of its shares for each Altus share, a ratio reflecting their respective market values and assets. Elemental's leadership now includes Steven Poulton as Executive Chairman and Frederick Bell as CEO, with a board of eight. The company anticipates issuing consolidated guidance for 2022 and intends to deregister Altus from Canadian reporting obligations. In financial advisory roles, Elemental was assisted by Canaccord Genuity Limited with Fasken Martineau DuMoulin LLP as legal counsel, while Altus engaged UBS AG London Branch for financial counsel, with Norton Rose Fulbright LLP and Northwest Law Group as legal advisors in the UK and Canada, respectively.