Electric Royalties Ltd. is pleased to provide commentary from its CEO about the inherent advantages of investing in a royalty company, and an update on its royalty portfolio. Electric Royalties CEO Brendan Yurik commented: "The development arc that we have seen at our Seymour Lake lithium royalty is an excellent example of the core value proposition of investing in a royalty company. Seymour Lake is a 1.5% Net Smelter [...]
Dear Valued Shareholders, Partners and Friends. Electric Royalties Ltd. was founded on a simple yet powerful premise: to build a portfolio of royalties on critical metals that are essential to the clean energy transition. In the past five years, we have outperformed our original growth expectations by expanding our portfolio from 11 royalties to 43, and acquired 17 lithium properties that are optioned out with potential [...]
Electric Royalties Ltd. announced that current board member Craig Lindsay has been appointed Chair of the Board following the Company's annual meeting of shareholders held on March 14, 2025. Mr. Lindsay has been an independent director of Electric Royalties since 2016. He succeeds Marchand Snyman, who has served as a director and Chair of the Board since 2020. Mr. Lindsay has more than 30 years of experience in corporate [...]
Electric Royalties Ltd. announces that Gleason & Sons LLC has elected to convert C$428,540.40 of accrued interest on the principal amount of the Company's convertible credit facility under the amended and restated convertible loan agreement dated February 16, 2024 between the Lender and Company , into 3,174,373 common shares of the Company , at a conversion price of C$0.135 per Conversion Share . Subject to acceptance of [...]
Following announcements of financing involving its flagship lithium and manganese royalties, Electric Royalties Ltd. is pleased to provide the following update on several other key assets in its royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "We are delighted with the successful closing of our C$2.5 million equity financing last week and wish to thank our existing and new shareholders for their [...]
Not for distribution to United States newswire services or for dissemination in the United States Electric Royalties Ltd. is pleased to announce that it has closed its brokered private placement as previously announced on December 9, 2024. An aggregate of 12,248,235 units of the Company were sold under the Offering at a price of C$0.18 per Unit for gross proceeds of C$2,204,682. Canaccord Genuity Corp. and Red Cloud [...]
Electric Royalties Ltd. is pleased to provide an update on the Battery Hill Manganese Project in New Brunswick, Canada, on which it owns a 2% Gross Metal Royalty. On January 2, 2025, Manganese X Energy Corp. , the operator of Battery Hill, announced its intention to complete a non-brokered private placement offering to raise gross proceeds of up to C$2,100,000, including a C$2,000,000 commitment from leading mining [...]
Electric Royalties announces that it has filed an amended and restated offering document dated Dec 27, 2024 in connection with its previously announced brokered "best-efforts" private placement of up to 22,222,223 units of the Company for gross proceeds of up to approximately $4 million led by Canaccord Genuity Corp. and Red Cloud Securities Inc. Each Unit is priced at C$0.18 and will be comprised of one common share of [...]
Electric Royalties Ltd. is pleased to provide an update on the Seymour Lake Lithium Project in Ontario, Canada, on which it owns a 1.5% Net Smelter Royalty. On December 22, 2024, Green Technology Metals Limited , the operator of Seymour Lake, announced that it has received a letter of interest from Export Development Canada in support of EDC's interest to finance the development of the Project and potentially provide a [...]
Electric Royalties is pleased to announce that it has entered into an agreement with Canaccord Genuity and Red Cloud Securities, pursuant to which the Agents have agreed to act as agents, on a "best efforts" basis, in connection with a private placement of up to 22,222,223 units of the Company at a price of C$0.18 per Unit for gross proceeds of up to approximately C$4 million. Each Unit will be comprised of one common [...]
Electric Royalties Ltd. is pleased to provide the following update on its royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented:"Now that we have successfully closed our royalty transaction on the producing Punitaqui Copper Project in Chile, we're also excited to share the latest in an ongoing stream of progress across our portfolio, all of which is occurring at no cost to Electric Royalties. "Whenever a [...]
Electric Royalties is pleased to announce the closing of the previously announced transaction to acquire a 0.75% Gross Revenue Royalty on the mining claims, mining leases and mineral tenures comprising the producing Punitaqui copper mine in Chile. In addition, the 0.75% GRR will apply to third-party materials processed through the Punitaqui mining complex from the effective date to December 31, 2027. Pursuant to the [...]
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