Elemental Royalty Corporation (NASDAQ: ELE) (TSX: ELE) has announced that its Board of Directors has declared a quarterly dividend of US$0.03 per common share in the capital of the Company, aggregating to US$0.12 per Common Share for the 2026 fiscal year.
The Dividend will be paid to holders of record of Common Shares as of the close of business (4:30 pm Eastern Time) on September 30, 2026 and will be distributed on or about October 15, 2026.
The declaration, timing, amount and payment of future dividends remain at the discretion of the board of directors of the Company.
Dividend Election Alternative
Elemental is also pleased to remind shareholders that, under its Dividend Election Alternative duly qualified registered holders of Common Shares may elect to receive cash dividends otherwise payable to them, net of applicable of expenses and withholding taxes, delivered “in kind” in Tether Gold XAU₮ tokens.
Process to Elect
Registered Shareholders wishing to participate in the Dividend Election Alternative must properly elect in writing to have their dividends delivered in Tether Gold Tokens by completing and signing the Election Form attached as a Schedule to this news release. The Election Form must be delivered to the Company in Vancouver, British Columbia, by no later than three business days prior to the Record Date. Specifically, for the upcoming Dividend, completed and signed election forms must be received by the Company by September 24, 2026.
If an Election is not properly completed and received by the applicable deadline, or if the shareholder does not satisfy the applicable participation criteria as of the relevant Record Date, the shareholder will receive its dividend in cash, subject to applicable withholding taxes.
To make a valid Election, a participating shareholder will be required to provide, among other things:
- its name,
- the number of Common Shares in respect of which the Election is made, and
- certificate number and/or DRS identifier,
Elemental has partnered with Transfer Agent, Equiniti, and digital asset platform Bullish (NYSE: BLSH), for the purposes of facilitating the distribution of the Dividend Election Alternative. In order to receive Tether Gold Tokens, Registered Shareholders must either open a wallet with Bullish or direct that its Tether Gold Tokens be delivered to a pre-existing digital wallet, as described in greater detail in the Election Form.
Validation
Participation in the Dividend Election Alternative will remain subject to applicable law, including laws relating to anti-money laundering, anti-terrorist financing, sanctions, and other legal or regulatory requirements in the relevant jurisdiction. The Company reserves the right to reject any Election or decline to facilitate the delivery of Tether Gold Tokens where the Company determines, in its sole discretion, that participation or delivery would not be lawful or would expose the Company to legal or regulatory risk.
Reference should also be made to the Company’s website at https://www.elementalroyalty.com/investors/dividend/ for a more detailed description of the Dividend Election Alternative, including associated risk factors. Shareholders are encouraged to review the Dividend Election Document carefully before making an Election.
Administration of the Dividend Election Alternative
Elemental will determine the dollar value of dividends to be paid on Common Shares owned by each Electing Participant, net of any expenses and applicable withholding taxes, and an equivalent value of Tether Gold Tokens will be delivered to the Electing Participant’s wallet.
Applicable withholding taxes will be paid by the Company to Computershare, the Company’s transfer agent, which will report and remit such withholdings.
The equivalent value of Tether Gold Tokens will be calculated by dividing the dollar value of dividends to be paid on Common Shares owned by each Electing Participant, net of any expenses and applicable withholding taxes, by the daily per ounce LBMA Gold Price (PM) in United States dollars as quoted by the London Bullion Market Association for refined gold for the last trading day immediately prior to the Record Date. If additional information is required to deliver Tether Gold Tokens to any Electing Participant, the Corporation may require the Electing Shareholder to provide such information to facilitate delivery thereof.
