Electric Royalties Ltd. is pleased to announce that Sayona Mining Limited has voluntarily submitted its Authier Lithium Project for an environmental impact assessment and review under the Québec Government's 'BAPE' process. According to Sayona's news release dated February 27, 2023, its request has been accepted by Québec's Ministry of the [...]
Electric Royalties Ltd. is pleased to announce the signing of a binding letter agreement with Tartisan Nickel Corp. to acquire a 0.5% gross revenue royalty on certain mining claims, mining leases and mineral tenures comprising the wholly-owned Kenbridge Nickel Project in northwest Ontario, Canada in exchange for C$500,000 cash and 2,500,000 common [...]
Electric Royalties Ltd. is pleased to provide an asset update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "It's a great start to 2023 with nine royalty asset updates setting the stage for an exciting year for Electric Royalties' shareholders. With the recent acquisition of a royalty on the Penouta [...]
Electric Royalties Ltd. is pleased to announce the closing of the previously announced acquisition of a 0.75% gross revenue royalty on the producing Penouta tin-tantalum mine in Spain with Strategic Minerals Europe Corp. in exchange for a cash payment of C$1,000,000 and 500,000 common shares of Electric Royalties. In addition, the Company has an [...]
Electric Royalties Ltd. is pleased to announce, further to its November 15, 2022 press release, that it has elected to draw down C$1,000,000 under the C$2,000,000 convertible credit facility with Gleason & Sons LLC , which is controlled by a significant shareholder. The Loan has a term of 3 years and bears interest at 15%, with Interest payments [...]
Electric Royalties Ltd. is pleased to provide an asset update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "Despite the difficult equity markets in the past six months, it has been tremendously exciting to see progress continue across our portfolio, particularly at our lithium assets. Upon forecast restart [...]
This news release contains amendments to the paragraph below the Financing section heading, and the year production commenced at the Penouta Mine. Complete corrected text follows: Electric Royalties Ltd. is pleased to announce the signing of an agreement with Strategic Minerals Europe Corp. to acquire a newly granted 0.75% Gross Revenue Royalty on [...]
This news release has been amended to add "" in Table 1. Complete corrected text follows: Electric Royalties Ltd. is pleased to announce the signing of an agreement with Strategic Minerals Europe Corp. to acquire a newly granted 0.75% Gross Revenue Royalty on the producing Penouta tin-tantalum mine in Spain in exchange for a cash payment of [...]
Strategic Minerals Europe Corp. , a company focused on the production, development, and exploration of tin, tantalum and niobium, announces that it has entered into a letter of intent with Electric Royalties Ltd. with respect to the proposed grant to Electric Royalties of a gross revenue royalty on the Company's Penouta tin-tantalum mine in Spain [...]
Electric Royalties Ltd. is pleased to announce the signing of an agreement with Strategic Minerals Europe Corp. to acquire a newly granted 0.75% Gross Revenue Royalty on the producing Penouta tin-tantalum mine in Spain in exchange for a cash payment of C$1,000,000 and 500,000 common shares of Electric Royalties. In addition, the Company will have [...]
Electric Royalties Ltd. is pleased to provide an asset update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "We are seeing rapid progress across many of our lithium royalty interests, and we are confident that our commitment to clean energy metal royalties remains a solid business proposition. As an example [...]
Stefan Gleason , a private investor, today announced that he is filing another early warning report in connection with his acquisition of an additional 2% in outstanding shares of Electric Royalties Ltd. , taking his stake in the Company to approximately 15.4%. "I am thrilled to continue snatching up steeply undervalued shares of this first-mover [...]