TSXV:ELEMetals and Mining
How Partnering With BHP On Serbian Copper-Gold Royalties At Elemental Royalty (TSXV:ELE) Has Changed Its Investment Story
Elemental Royalty Corporation recently announced that it entered into a definitive option and earn-in agreement with a BHP Group subsidiary, giving BHP the option to acquire its Serbian unit Magma Resources and three exploration licenses in the Bor Mining District in exchange for staged cash payments, exploration spending and retained 2% NSR royalties.
This deal deepens Elemental’s royalty footprint in a prolific Serbian copper-gold belt alongside its existing interests at Cukaru Peki and...