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La Mancha Fund SCSp (the “Fund”), a fund advised by La Mancha Capital Advisory LLP (“La Mancha”), is pleased to announce that it agreed yesterday to invest approximately US$8.5 million to acquire a 9.3% shareholding in Elemental Royalties Corp. (“Elemental”). Elemental owns a portfolio of high-quality, producing royalties, predominantly in gold mining, but also on assets producing platinum group metals, and mineral sands.

La Mancha Resource Capital LLP. Registered in England and Wales under registration number OC368461, Registered office address - 161 Brompton Road, Second Floor, London, England, SW3 1QP.