This might surprise you folks. But the royalty segment of the mining sector is set to consolidate even further. This time however, it’s with the help of an unsuspecting industry – crypto.
The latest deal here will see a Tether-stablecoin backed outfit come together with that of another royalty name to establish a “mid-tier” royalty operator, filling what this duo refers to as a gap that exists in the market thanks in part to continuous industry consolidation. Of course, we’re talking about the Elemental Altus (TSXV: ELE) and EMX Royalty (TSXV: EMX) merger.
Lets dive in.
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