On October 3 2025, EMX Royalty Corporation announced today that the Supreme Court of British Columbia had granted an interim order authorizing the company to proceed with its special meeting of securityholders to approve the merger arrangement with Elemental Altus Royalties Corp. The order also permits EMX to file and deliver the required notice of meeting, management information circular, and related documents despite a Canada Post strike that could delay physical mailings.
The merger arrangement, entered into on September 4 2025, stipulates that Elemental Altus will acquire all outstanding EMX common shares at an exchange ratio of 0.2822 Elemental Altus shares per EMX share. Optionholders will receive replacement options to purchase Elemental Altus shares, with exercise prices adjusted to the inverse of the exchange ratio. The interim order ensures that these terms can be communicated to shareholders and that the meeting can proceed under the current regulatory framework.
The special meeting is scheduled for November 4 2025 at 10:00 a.m. Vancouver time, held at the offices of Cassels Brock & Blackwell LLP. Shareholders may attend in person or via live webcast; however, only in‑person attendees will be able to vote. The record date for voting is September 25 2025, and the company has provided multiple avenues—SEDAR+, EDGAR, and its own website—for accessing the meeting materials and submitting proxies online or by telephone to mitigate the impact of the postal strike.
This interim order represents a critical regulatory milestone in the merger process, allowing EMX to move forward with shareholder approval and setting the stage for a final court order expected on November 7 2025. The development confirms that the merger is progressing as planned and provides shareholders with a clear timeline for voting and potential transition to the combined entity, Elemental Royalty Corp.
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