Electric Royalties Ltd. is pleased to announce the signing of an agreement on June 27, 2022 to sell 1% of its existing 1.5% Net Smelter Royalty on the Seymour Lake Lithium Deposit in Ontario, Canada, to Lithium Royalty Corp. For more information on the Seymour Lake Lithium Deposit, see Electric Royalties' news release on Feb 17, 2021. Brendan [...]
Electric Royalties is pleased to provide an asset update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "A tremendous first half of 2022 has seen 24 exciting developments across 11 assets within our royalty portfolio. Drilling is underway at the high-grade copper-cobalt Millennium project in Australia with [...]
Electric Royalties Ltd. is pleased to announce the signing of a binding letter agreement with World Copper Ltd. to acquire a 0.5% gross revenue royalty on the wholly owned Zonia Copper Oxide Project in Arizona, US in exchange for C$1,550,000 cash and 2,000,000 common shares of the Company . The Company will also have the right , for a period of 15 [...]
Electric Royalties Ltd. is pleased to announce that Sayona Mining Limited has completed a A$190 million institutional placement to fund the restart of spodumene concentrate production at Sayona's North American Lithium operation in Québec, Canada and broader development initiatives, including A$35 million earmarked for Authier development [...]
Electric Royalties Ltd. is pleased to announce that Sayona Mining Limited has completed a A$190 million institutional placement to fund the restart of spodumene concentrate production at Sayona's North American Lithium operation in Québec, Canada and broader development initiatives, including A$35 million earmarked for Authier development [...]
Electric Royalties Ltd. is pleased to announce closing of the previously announced Sleitat Tin-Silver Royalty acquisition with a wholly-owned subsidiary of Cornish Metals Inc. to acquire a 1% Net Smelter Royalty on mining claims comprising core strategic tenure at the Sleitat Mountain Tin-Silver deposit in Southwestern Alaska . The Sleitat Project [...]
Electric Royalties Ltd. is pleased to announce closing of the previously announced Sleitat Tin-Silver Royalty acquisition with a wholly-owned subsidiary of Cornish Metals Inc. to acquire a 1% Net Smelter Royalty on mining claims comprising core strategic tenure at the Sleitat Mountain Tin-Silver deposit in Southwestern Alaska . The Sleitat Project [...]
All amounts in Canadian dollars unless otherwise stated May 12, 2022 - Electric Royalties Ltd. is pleased to announce the closing of its previously announced marketed public offering pursuant to which the Company issued 11,500,000 units of the Company at a price of $0.30 per Unit for aggregate gross proceeds of $3,450,000, including 1,500,000 Units [...]
Electric Royalties Ltd. is pleased to provide an asset update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "We are excited that our Graphmada graphite and Seymour Lake lithium royalty assets are nearing the completion of mineral resource upgrades. We've already had 17 development updates across 10 royalties [...]
Electric Royalties Ltd. is pleased to provide an asset update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "We are excited that our Graphmada graphite and Seymour Lake lithium royalty assets are nearing the completion of mineral resource upgrades. We've already had 17 development updates across 10 royalties [...]
Electric Royalties Ltd. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of agents in connection with a marketed public offering up to 10,000,000 units of the Company at a price of $0.30 per Unit for gross proceeds of up to $3 million. Each Unit will consist of one common share in [...]
Electric Royalties Ltd. is pleased to announce that the strong upward trend in the zinc price has significantly increased the Middle Tennessee Mine zinc royalty payments. The MTM zinc royalty is held in a limited partnership in which Electric Royalties owns a 25% economic interest with the remaining 75% interest held by Sprott Streaming and [...]