Electric Royalties is pleased to provide the following update on its royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "We are happy to report on developments in connection with seven royalties in our portfolio, all coming on the heels of the significant resource upgrade at the Zonia copper project. We're encouraged by the portfolio's progress, particularly with regard to Kingsrose Mining's continued [...]
Electric Royalties is pleased to announce the signing of a binding letter agreement dated Sept 17, 2024 with Minera Cobre Verde, a subsidiary of Cobre y Metales, to acquire a copper stream on the Minera Cobre Verde Mine. Under the terms of the Agreement, Electric Royalties will pay consideration to MCV of US$2.1 million to acquire the Stream, whereby Electric Royalties will have the immediate right to acquire a fixed [...]
Electric Royalties is pleased to announce that royalty asset partner World Copper published the results of an updated mineral resource estimate for the Zonia copper-oxide deposit in Arizona, USA on September 9, 2024. Electric Royalties holds a 0.5% gross revenue royalty on Zonia. The updated estimate includes 113.2 million short tons grading 0.303% total-copper in the Indicated category and 59.2 million short tons grading [...]
Electric Royalties Ltd. is pleased to announce that it has appointed Red Cloud Financial Services Inc. to provide the Company with a range of non-exclusive financial advisory and promotional services. Red Cloud is a Toronto-based financial services firm that provides assistance to mineral exploration and mining companies in accessing capital markets and enhancing their corporate profile. Under the engagement, Red Cloud [...]
Electric Royalties Ltd. is pleased to provide the following update on its royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "We are looking forward to the successful business combination by the operator of our Penouta royalty so that production under its section B permit can commence while the reinstatement of the section C permit is pursued. Commencement of production would bring new revenue to the [...]
Stefan Gleason today announced that he is filing an early warning report in connection with his acquisition of additional shares of Electric Royalties Ltd. . After acquiring 2,753,220 Electric Royalties shares via a conversion of C$578,176.37 in loan interest owed by the Company to Gleason & Sons LLC, Gleason now beneficially owns or has control or direction over 28% of the Company's issued and outstanding common shares [...]
Electric Royalties Ltd. announces that Gleason & Sons LLC has elected to convert C$578,176.37 of accrued interest on the principal amount of the Company's convertible credit facility under the amended and restated convertible loan agreement dated February 15, 2024 between the Lender and Company , into 2,753,220 common shares of the Company , at a conversion price of C$0.21 per Conversion Share . Subject to acceptance of [...]
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 [...]
