La Mancha Fund SCSp (the “Fund”), a fund advised by La Mancha Capital Advisory LLP (“La Mancha”), entered irrevocable voting support agreements for the proposed merger of two of its portfolio companies Elemental Royalties Corp. (“Elemental“) and Altus Strategies plc (“Altus“) to form Elemental Altus Royalties Corp. Elemental and Altus both have a track record of success in building portfolios of royalties, both through the discovery model championed by Altus, and through value-accretive acquisitions of producing royalties, which is a trademark of Elemental. These strategies were underpinned in each case by a talented management team.
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