Elemental Royalty Gets Antitrust Approval for Vizsla Royalties Acquisition
MT newswire2026/09/08 21:47
05:47 PM EDT, 09/08/2026 (MT Newswires) -- 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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
RBC Capital Markets has adopted a more cautious stance on the building products sector ahead of the third quarter earnings season, lowering earnings forecasts and downgrading several stocks. This is due to high interest rates, inflation, and weak housing demand, which may persist until 2027.