This time up they have united with Nordic Games, let's see what will come out from this union.
Site promoting the game is already up and can be found here:
1) Confirmed release date - 17.10.2017.
2) Some newly released and older trailers:
3) Search ELEX on YouTube, you can find there quite a few alpha gameplays if you're interested...let's say it like that - it looks a bit junky and badly-animated, initially, considering older PB titles, I thought that it was just unfinished representation for the purpose of spreading the word, but the release is close and newer footage seems the same as the ones you can find from the previous year, graphics got a bit better, but in the end their titles were never about graphics to begin with, still looks kind of meeh due to the bad animation, I'm still going to play it at least for the PB story, but I'll throw it there just for your thoughts, as of now it looks worse than Risen.
By the way, regarding my wondering in the previous ELEX video - for some reason the game consumes 99% of my primary GPU, regardless of what is happening on the screen, no lags, no substantial FPS drops whatsoever, just some weird game engine I guess, so I've simply left graphics maxed-out.
There's no penalty for death (obviously other than the death itself), moreover there is an achievement for dying, which I have yet to unlock, so feel free to die as much as you want, just don't forget to save periodically.