Stefan Gleason today announced that he is filing another early warning report in connection with his acquisition of additional shares of Electric Royalties Ltd. . After acquiring 2,000,000 Electric Royalties shares today via a private, off-market transaction, Gleason now beneficially owns or has control or direction over more than 26% of the Company's issued and outstanding common shares. "With Electric Royalties recently [...]
Following the recently announced acquisition of an Ontario lithium royalty and option package comprising a portfolio of 50 assets , Electric Royalties Ltd. is pleased to provide the following update on other royalties in its portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "With another series of positive developments across our royalty portfolio, we are excited to see further confirmation that we have [...]
Electric Royalties CEO Brendan Yurik joined Steve Darling from Proactive to share details the company has announced the successful closure of the company's previously disclosed transaction to acquire a comprehensive portfolio comprising 18 royalty agreements and 32 lithium properties situated in Ontario. Yurik elaborated on the portfolio's composition, highlighting its inclusion of 18 royalties and 32 lithium properties [...]
Electric Royalties Ltd. is pleased to announce the closing of the previously announced transaction to acquire a portfolio of 18 royalty agreements and 32 lithium properties in Ontario, Canada . Pursuant to the Asset Purchase Agreement between the Company and 1544230 Ontario Inc., MK Exploration Services Inc. and Gravel Ridge Resources Ltd. dated April 8, 2024, the Company has issued 2,250,000 common shares of the Company [...]
Stefan Gleason today announced that he is filing another early warning report in connection with his acquisition on the open market of additional shares of Electric Royalties Ltd. . Gleason now beneficially owns or has control or direction over approximately 24% of the Company's issued and outstanding common shares. "With positive developments recently announced in connection with several of the Company's largest [...]
Electric Royalties Ltd. is pleased to announce that, further to the amended and restated letter of intent described in its March 6, 2024 news release , the Company has entered into an Asset Purchase Agreement with 1544230 Ontario Inc., MK Exploration Services Inc., and Gravel Ridge Resources Ltd. , dated April 8, 2024, to acquire a portfolio of 18 royalty agreements and 32 lithium properties in Ontario, Canada, selected [...]
Electric Royalties Ltd. is pleased to provide the following update on its royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "It is an encouraging time for Electric Royalties and our shareholders as excellent progress is being made on several of our core holdings. Most prominently, at the Seymour Lake Lithium Project, information from the current drill program is being incorporated in the upcoming [...]
Stefan Gleason today announced that he is filing an early warning report in connection with his acquisition on the open market of additional shares of Electric Royalties Ltd. . Gleason now beneficially owns or has control or direction over approximately 22% of the Company's issued and outstanding common shares. "With positive developments recently announced in connection with several of the Company's larger royalties [...]
Electric Royalties Ltd. is pleased to announce that, further to its November 6, 2023 news release, the Company has entered into an Amended and Restated Letter of Intent with 1544230 Ontario Inc., MK Exploration Services Inc., and Gravel Ridge Resources Ltd. , dated March 5, 2024, to acquire a portfolio of 22 royalty agreements and 36 prospective lithium properties in Ontario, Canada . Brendan Yurik, CEO of Electric [...]
Electric Royalties Ltd. is pleased to provide the following update on its royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "Despite softer commodity markets, we're still bullish on clean energy metal demand fundamentals and believe that governments will increasingly prioritize domestic sources of these critical metals. This is particularly true for North America, Europe, and Australia, where the [...]
Electric Royalties Ltd. is pleased to announce, further to its news releases on October 19, 2023 and April 20, 2023, that it has signed an amended and restated convertible loan agreement with Gleason & Sons LLC dated February 16, 2024 to increase the Company's existing convertible credit facility from C$5,000,000 to C$10,000,000, subject to certain conditions set out in the A&R Agreement. Gleason & Sons LLC is controlled [...]
Electric Royalties Ltd. is pleased to provide an update on the proposed transaction to acquire a portfolio of 126 lithium properties in Eastern Canada . For an overview on the lithium properties and proposed transaction terms, please see Electric Royalties' news release dated November 6, 2023. Brendan Yurik, CEO of Electric Royalties, commented: "We are progressing our due diligence on the OLP, an opportunity to [...]
