Mexican Antitrust Approval Clears Final Hurdle for Vizsla Royalties Acquisition
ELE sits 65% above its 52-week low of $12.59.
Summary
Elemental Royalty received clearance from Mexico's antitrust agency (CNA) for its acquisition of Vizsla Royalties, the final regulatory milestone before closing. The deal adds 2.0% to 3.5% net smelter returns royalties on Vizsla Silver's Panuco silver-gold project in Mexico, described as cornerstone life-of-mine interests with no caps or buybacks. This follows the arrangement agreement dated May 13, 2026, and management expects to announce closing shortly. The approval removes a key uncertainty and positions Elemental to consolidate a high-quality royalty asset in a premier silver district.
At the time of this announcement, ELE was trading at $20.76 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $1.4B. The 52-week trading range was $12.59 to $26.96. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: TMX Newsfile.