TORONTO--(BUSINESS WIRE)--Lithium Royalty Corp. (TSX: LIRC) (“LRC” or the “Company”) is pleased to report its fourth quarter results for 2023. “2023 was a milestone year for Lithium Royalty Corp. as the Company completed the only initial public offering in Canada and acquired 6 royalties following the IPO. A substantial portion of the capital we deployed in 2023 was in advanced projects that are expected to deliver cash flow in 2024. In 2023, not only did we deploy a record amount of capital, we were also one of the busiest royalty companies in the world. LRC was able to benefit from its unique competitive advantage in the lithium sector to deploy capital in challenging lithium market conditions. LRC now holds 35 royalties around the world, highlighting the diversity of its portfolio and the catalyst-rich production and development timelines within our portfolio companies,” stated LRC’s CEO, Ernie Ortiz.
Lithium Royalty Corp. Reports Q4 2023 Results | Business Wire