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Electric Royalties Ltd V.ELEC

Alternate Symbol(s):  ELECF

Metals & Mining Industrial Metals & Minerals Graphite
Electric Royalties Ltd. is a Canada-based royalty company. The Company is focused on a range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper) that benefit from the drive toward electrification of a variety of consumer products: cars, rechargeable batteries, large scale energy storage, renewable energy generation and other applications. The Company has a portfolio of 40 royalties across the world and 32 lithium properties in Ontario, Canada. Its royalty portfolio includes Middle Tennessee Zinc Mine, Penouta Mine, Kenbridge, Authier Lithium Project, Seymour Lake Lithium Project, Graphmada Graphite Project and others. The Company is focused predominantly on acquiring royalties on advanced stage and operating projects to build a diversified portfolio located in jurisdictions with low geopolitical risk, which offers investors exposure to the clean energy transition via the underlying commodities required to rebuild the global infrastructure.


TSXV:ELEC - Post by User

Electric Royalties Ltd
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Post by Betteryear2on Mar 06, 2024 8:55am
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Post# 35917589

Secures New, Highly Favourable Terms on Lithium Royalty

Secures New, Highly Favourable Terms on Lithium Royalty VANCOUVER, BC / ACCESSWIRE / March 6, 2024 / Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to announce that, further to its November 6, 2023 news release, the Company has entered into an Amended and Restated Letter of Intent with 1544230 Ontario Inc., MK Exploration Services Inc., and Gravel Ridge Resources Ltd. (together, the "Vendors"), dated March 5, 2024, to acquire a portfolio of 22 royalty agreements and 36 prospective lithium properties in Ontario, Canada (the "Transaction").

Electric Royalties Secures New, Highly Favourable Terms on Lithium Royalty and Option Portfolio, Signs Amended and Restated Letter of Intent (accesswire.com)
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