07:22 AM EDT, 09/12/2025 (MT Newswires) -- Elemental Altus Royalties ( ELEMF ) said overnight Thursday it will implement a 1-for-10 share consolidation to meet minimum requirements for a US listing.

Elemental said the share consolidation is consistent with its plans to list in the U.S. ahead of its previously announced merger with EMX Royalty ( EMX ) .

Elemental shareholders approved the share consolidation plan during a special meeting in July.

The share consolidation is expected to take effect on or about Sept. 16, Elemental said.