Elemental Royalty Declares Quarterly Dividend and Continues “In Kind” Dividend XAU₮ Token Payment Alternative for Shareholders

Press release

June 18, 2026

6 mins read

June 18, 2026 – Denver, Colorado: Elemental Royalty Corporation (NASDAQ: ELE, TSX: ELE) (“Elemental” or the “Company”) is pleased to announce that its Board of Directors has declared a quarterly dividend (the “Dividend”) of US$0.03 per common share in the capital of the Company (each, a “Common Share”), 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 June 30, 2026 (the “Record Date”) and will be distributed on or about July 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 (the “Dividend Election Alternative”) duly qualified registered holders of Common Shares (“Registered Shareholders”) 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 (“XAU₮” or the “Tether Gold Tokens”).

Process to Elect

Registered Shareholders wishing to participate in the Dividend Election Alternative (“Electing Participants”) 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 June 25, 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) (“Bullish”), 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://elementalroyalty.com/investors/dividend/ for a more detailed description of the Dividend Election Alternative, including associated risk factors (the “Dividend Election Document”). 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.

Please see the Election Form attached as a Schedule to this news release. For a more detailed description of the Dividend Election Alternative, please see the Dividend Election Document, available at https://elementalroyalty.com/investors/dividend/.

For further information contact:

David M. Cole
CEO
info@elementalroyalty.com

Tara Vivian-Neal
Investor Relations
investor@elementalroyalty.com

www.elementalroyalty.com
Phone: +1 (604) 688-6390

TSX: ELE | NASDAQ: ELE | ISIN: CA28620K1066 | CUSIP: 28620K106

About Elemental Royalty Corporation

Elemental is a new mid-tier, gold-focused streaming and royalty company with a globally diversified portfolio of 18 producing assets and more than 200 royalties, anchored by cornerstone assets and operated by world-class mining partners. Formed through the merger of Elemental Altus and EMX, the Company combines Elemental Altus’s track record of accretive royalty acquisitions with EMX’s strengths in royalty generation and disciplined growth. This complementary strategy delivers both immediate cash flow and long-term value creation, supported by a best-in-class asset base, diversified production, and sector-leading management expertise.

Elemental trades on Nasdaq and on the Toronto Stock Exchange under the ticker symbol “ELE”.

About Bullish

Bullish (NYSE: BLSH) is an institutionally focused global digital asset platform that provides regulated market infrastructure and information services. This includes Bullish Exchange – an institutionally focused digital assets spot and derivatives exchange, integrating a high-performance central limit order book matching engine with automated market making to provide deep and predictable liquidity.

Bullish is the parent company of CoinDesk, a leading provider of digital asset media and information services. CoinDesk’s offerings include: CoinDesk Indices – a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets for global institutions in the digital assets and traditional finance industries; CoinDesk Data – a broad suite of digital asset market data and analytics, providing real-time insights into prices, trends and market dynamics; and CoinDesk Insights – a digital asset media and events provider and operator of coindesk.com, a digital media platform that covers news and insights about digital assets, the underlying markets, policy and blockchain technology. For more information, please visit www.bullish.com and follow LinkedIn and X.

About Equiniti

Equiniti delivers trusted data, intelligent insight, and seamless administration across the full equity ownership lifecycle. We help issuers, investors, and employees navigate complexity, strengthen market engagement, and achieve better outcomes through technology-powered solutions backed by expert service. Our 5,000+ global associates support more than 15,000 organizations and over 20 million shareholders worldwide. Learn more at equiniti.com, or connect with us on LinkedIn and X.

Cautionary note regarding forward-looking statements

This news release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable United States and Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “should”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology (including negative and grammatical variations thereof). Forward-looking statements and information include, but are not limited to, the timing of the payment of dividends; the timing of delivery of Tether Gold Tokens to Electing Participants; the ability of shareholders to meet all of the eligibility criteria for the Dividend Election Alternative; the timing for delivering an Election; the ability of Registered Shareholders to satisfy the criteria to make an Election in a timely manner; the ability of the Tether Gold Tokens to be delivered pursuant to applicable law and the process for delivery of the Tether Gold Tokens; the price at which Tether Gold Tokens will be purchased; the timing and amount of any future dividends; Elemental’s ongoing ability to pay dividends; the determination of the board of directors of Elemental to declare future dividends; eligibility to participate in the Dividend Election Alternative and the ability of shareholders to meet the eligibility criteria for the Dividend Election Alternative; the ongoing offering of the Dividend Election Alternative to Registered Shareholders; the qualification of any future dividend as an ‘eligible dividend’ for Canadian income tax purposes; and other statements that are not statements of fact. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies.

Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Elemental to control or predict, that may cause Elemental’s actual results, performance or achievements to be materially different from those expressed or implied thereby (and in particular, may cause Elemental’s expectations regarding declarations of future dividends to be materially different), and are developed based on assumptions about such risks, uncertainties and other factors, including but not limited to: the impact of general business and economic conditions; the absence of control over the mining operations from which Elemental will receive royalties; risks related to international operations, government relations and environmental regulation; the inherent risks involved in the exploration and development of mineral properties; the uncertainties involved in interpreting exploration data; the potential for delays in exploration or development activities; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with Elemental’s expectations; accidents, equipment breakdowns, title matters, labour disputes or other unanticipated difficulties or interruptions in operations; fluctuating metal prices, including but not limited to, fluctuations in the price of gold backing the Tether Gold Tokens; unanticipated costs and expenses; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; commodity price fluctuations; currency fluctuations; fluctuations, transaction activity, market volatility, reduced liquidity or disruptions in digital asset markets and trading platforms; regulatory restrictions, including environmental regulatory restrictions; cybersecurity threats, security breaches and hacks; liability, competition, loss of key employees; compliance with applicable law; the risks set out in the Election Form (attached as a Schedule to this news release) and other related risks and uncertainties.  

For a discussion of important factors which could cause actual results to differ from forward-looking statements, refer to the annual information form of Elemental for the year ended December 31, 2025 and the Dividend Election Document. Elemental undertakes no obligation to update forward-looking statements and information except as required by applicable law. Such forward-looking statements and information represents management’s best judgment based on information currently available. No forward-looking statement or information can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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