Canadians to digitize Timok gold – Elemental Royalty first mining company in the world to offer dividend in tokens

The Canadian mining company Elemental Royalty Corp, which also operates in Serbia, has become the first publicly listed royalty company in the world to offer shareholders the opportunity to receive a quarterly dividend in digital tokens.

The term royalty means a fee based on rights, which implies a percentage of the production or income of a mine that a company (such as Elemental) receives, but does not itself operate the mine.

This innovation, as announced, allows shareholders to receive the value that Elemental realizes from its royalty rights to metals, including gold and copper from the Cukaru Peki mine in Timok (Serbia), digitally, in the form of Tether Gold (XAUT) tokens.

Elemental declared its first quarterly dividend of USD 0.03 per share in March, with the option for shareholders to receive XAUT tokens instead of cash. Qualified shareholders, registered by March 31, 2026, will be able to receive digital gold directly into their digital wallets, which can be used in decentralized financial applications or exchanged for physical gold via Tether. The payout date is planned for around April 15, 2026.

As stated by the company’s CEO, Dave Cole, the goal is not an experiment with cryptocurrencies, but a practical way to transfer the value of physical metals to shareholders digitally, creating a bridge between the traditional mining royalty model and modern digital finance.

Elemental Royalty has a diverse royalty portfolio in Serbia. The main part of its income comes from the Cukaru Peki mine, where the company has a contractual fee of 0.3625% NSR (net revenue from processing or ore sold) on the gold and copper produced by the mine.

In addition, Elemental also owns the rights to several exploration and development sites in and around Timok, which are not yet in commercial production. This portfolio provides the company with stable metal income and risk diversification within Serbia.

Let us remind that, in January, the Canadian company also entered into an option agreement with the Australian mining giant BHP for three exploration licenses in the Bor region. This cooperation allows Elemental to maintain a long-term financial participation in projects developed by BHP, without direct operational involvement.

In addition to Serbia, Elemental Royalty has hundreds of royalties around the world, including production projects and exploration licenses in North and South America, Africa, Australia...

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Elemental Royalty Corp

Čukaru Peki

Tether Gold tokens

cryptocurrencies

XAUT tokens

royalty

dividend in tokens

Timok gold