Elemental Royalties Corp. provided operational and revenue guidance for the year 2022. In 2022 Elemental expects 5,700 to 6,700 attributable gold equivalent ounces ("GEOs")2 from its existing portfolio, a gain of between 55% and 82% from 2021.

The GEOs are weighted towards the second half of the year, with approximately 95% of expected revenue derived from gold and silver. At a USD 1,800 per ounce average received gold price, this guidance would achieve revenue of approximately USD 10 million to USD 12 million in 2022.