Gold royalty provides update on elemental offer

Vancouver, bc , april 11, 2022 /prnewswire/ - gold royalty corp. (nyse american: groy) ("gold royalty", or the "company") is pleased to announce the conclusion of key regulatory approvals in connection with the conditions of the company's offer (the "offer") to acquire all of the outstanding common shares of elemental royalties corp. (tsxv:ele) ("elemental"), together with the associated rights issued under elemental's shareholder rights plan. the company has received a "no action" letter from the foreign investment review board of the government of australia advising that the transactions in respect of the offer are not subject to the foreign acquisitions and takeovers act 1975 (australia).
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