RE Royalties Ltd T.RE

Primary Symbol: V.RE Alternate Symbol(s): RROYF

Utilities Utilities - Independent Power Producers

RE Royalties Ltd. is a Canada-based company engaged in renewable energy royalty-based financing. The Company is primarily engaged in the acquisition of revenue-based royalties from renewable energy generation facilities and other clean energy technologies by providing a non-dilutive royalty financing solution to privately held and publicly traded renewable energy generation and development companies and clean energy technology companies. It offers capital in the form of a cash payment or loan, in exchange for a percentage of future revenues from operating projects. Its royalty financing solutions are designed to provide renewable energy operators and developers with the financial flexibility to grow without resorting to dilution, asset sales or restrictive debt covenants. The Company owns over 100 royalties on solar, wind, battery storage, energy efficiency and renewable natural gas projects in Canada, United States, Mexico, and Chile.

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RE Royalties Ltd > Richard Wiggington Joins BOD

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Comment by 2511MacDonaldon Dec 04, 2013 11:23pm

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RE:RE:Richard Wiggington Joins BOD

ALX has about 800 BOED of production. Needs capital to develop. Their consulting geologist has a keen eye for value. RE needs to do deals to reach 10,000 BOE/day. In other words, you can't get to 10,000 BOE/day in production by drilling alone. Similar to CNRL, buy a property and drill out to 40 acre spacing, waterflood and then polymer flood.

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