Elemental Altus Royalties Announces Expanded Revolving Credit Facilty
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Elemental Altus Royalties Corp. has expanded its revolving credit facility by exercising a US$10 million accordion feature, increasing the borrowing limit to US$50 million.
November 14, 2024 | 12:15 pm
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Elemental Altus Royalties Corp. has increased its credit facility limit to $50 million, which may enhance its financial flexibility and support future growth initiatives.
The increase in the credit facility provides Elemental Altus with additional financial resources, potentially supporting growth and operational initiatives. This is likely to be viewed positively by investors, as it enhances the company's financial flexibility.
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