New energy centric royalty Company,
Electric Royalties Ltd. (TSX-V: ELEC, Forum) kicked off the trading week with by announcing that it had closed the acquisition of a portfolio of seven royalties from
Globex Mining Enterprises Inc.
For more information on each asset in this portfolio and to find out more about the Company, click
here.
A new player on the TSX Venture Exchange, Electric Royalties Ltd.
recently began trading its shares. ELEC is out to seize an opportunity within the demand for a wide range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel, and copper) that will benefit from "the drive to electrification".
Along with this new portfolio, the Company also has six royalties under binding letters of intent, closing subject to fulfillment of conditions including regulatory approvals. Electric Royalties plans to focus on acquiring royalties on advanced stage and operating projects to build a diversified portfolio located in jurisdictions with low geopolitical risk.
FULL DISCLOSURE: Electric Royalties Ltd. is a client of Stockhouse Publishing.