Elemental Royalty Announces Quarterly Dividend and XAU₮ Token Option
News related to:Elemental Royalty Corporation · 2 min read
Elemental Royalty Corporation, a gold-focused streaming and royalty company, has announced a quarterly dividend of $0.03 per common share, totaling $0.12 per share for the 2026 fiscal year. The dividend will be distributed to shareholders of record as of September 30, 2026, with the payment expected on October 15, 2026.
The company has also introduced an innovative Dividend Election Alternative, allowing shareholders to receive their dividends in Tether Gold XAU₮ tokens (XAU₮) instead of cash. This alternative is available to registered shareholders who wish to participate. To elect this option, shareholders must submit a properly completed and signed Election Form to the company by September 24, 2026.
The election process requires shareholders to provide their name, the number of common shares in respect of which the election is made, and their certificate number or DRS identifier. The company has partnered with digital asset platform Bullish and transfer agent Equiniti to facilitate the distribution of the Tether Gold Tokens.
The value of the Tether Gold Tokens will be calculated based on the daily per ounce LBMA Gold Price (PM) in United States dollars for the last trading day immediately prior to the Record Date. If an election is not properly completed or if the shareholder does not meet the participation criteria, the dividend will be paid in cash, subject to applicable withholding taxes.
Elemental Royalty Corporation emphasizes that participation in the Dividend Election Alternative is subject to applicable laws, including those related to anti-money laundering, anti-terrorist financing, sanctions, and other legal or regulatory requirements. The company reserves the right to reject any election or decline to facilitate the delivery of Tether Gold Tokens where it deems participation or delivery to be non-compliant.
For more detailed information, shareholders are encouraged to review the Dividend Election Document available on the company's website at www.elementalroyalty.com/investors/dividend. The document provides a comprehensive description of the Dividend Election Alternative, including associated risk factors.
This move by Elemental Royalty Corporation reflects its commitment to diversifying shareholder value and exploring innovative financial instruments. By offering the option to receive dividends in Tether Gold XAU₮ tokens, the company aims to provide shareholders with more flexibility and exposure to the gold market.