Elemental Royalty Gets Antitrust Approval for Vizsla Royalties Acquisition

MT Newswires Live

09/09

Elemental Royalty (ELE) said Tuesday it received antitrust clearance from Mexico's Comision Nacional Antimonopolio for its acquisition of Vizsla Royalties.

The transaction will give Elemental exposure to Vizsla Royalties' 2.0% to 3.5% net smelter returns royalties on Vizsla Silver's Panuco silver-gold project in Mexico. The royalties cover the project's existing resources and have no caps, buybacks or step-downs.

Elemental said antitrust approval is the final regulatory milestone needed to complete the acquisition and expects the transaction to close shortly, subject to satisfaction or waiver of all remaining conditions precedent.

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