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, Sayona Mining is steadily advancing its North American Lithium operation [...]
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 battery metals company, especially as its royalty portfolio appears poised [...]
Electric Royalties Ltd. is pleased to announce that Voyager Metals Inc. has filed a Preliminary Economic Assessment of the Mont Sorcier iron and vanadium project located near Chibougamau, Quebec, Canada, on SEDAR. Electric Royalties holds a 1% gross metal royalty on vanadium production at Mont Sorcier, which is projected to have a 21-year operating mine life. If the anticipated project is placed in production as set out [...]
Electric Royalties Ltd. is pleased to announce closing of the previously announced acquisition of a 0.5% gross revenue royalty on the Zonia Copper Oxide Project in Arizona, USA with World Copper Ltd. in exchange for C$1,550,000 cash and 2,000,000 common shares of the Company . The Company has the right, for a period of 15 months after closing of the Transaction, to acquire a further 0.5% GRR on the Zonia Project for [...]
Electric Royalties announces that its Board of Directors has adopted a shareholder rights plan to help ensure the fair treatment of all Electric Royalties shareholders in connection with any take-over bid for the outstanding common shares of the Company. The Shareholder Rights Plan is effective immediately but is subject to ratification by shareholders of the Company at its 2022 annual general meeting. If ratified, the [...]
Electric Royalties Ltd. would like to inform the market of the termination of the previously announced agreement signed 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. LRC has informed the Company that it is unwilling to waive certain conditions to closing set out in the agreement and the Company accepts LRC's position [...]
Electric Royalties is pleased to provide an asset update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "Lithium assets comprise 40% of our royalty portfolio so we are tremendously encouraged by the 350% increase in lithium prices over the past 12 months1. In the last quarter alone, more than $200 million has been raised for the advancement of these assets. Not only has there been [...]
Electric Royalties is pleased to provide an asset update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "It's exciting to see the advancement of our portfolio with two new resource estimates announced during the last month along with continued drilling at two more projects. At our Cancet and Seymour Lake lithium royalties, we have seen very quick progress over the past year with [...]
Stefan Gleason 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 above 13%. On July 15, 2022, Acquiror purchased 216,000 Company shares via the OTCQB . Prior to July 15, the Acquiror held an aggregate of 11,597,928 Common Shares and 500,000 Warrant Shares, representing [...]
Electric Royalties Ltd. is pleased to announce that Manganese X Energy Corp. has filed a Preliminary Economic Assessment of the Battery Hill manganese project in New Brunswick, Canada, on SEDAR. Electric Royalties holds a 2% gross revenue royalty on Battery Hill, which is projected to have a 47-year operating mine life. Brendan Yurik, CEO of Electric Royalties, commented: "We congratulate our royalty asset partner [...]
Stefan Gleason announced that he is filing an early warning report in connection with his acquisition of shares of Electric Royalties Ltd. On June 30, Acquiror purchased 1,138,750 Company shares via the OTCQB, taking his interest above the 10% reporting threshold. Prior to June 30, the Acquiror held an aggregate of 8,709,979 Shares and 500,000 Warrant Shares. The aggregate Shares and Warrants over which the Acquiror had [...]
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 Yurik, CEO of Electric Royalties, commented: "The sale of part of our Seymour [...]
