Electric Royalties Ltd. is pleased to announce that it has entered into an agreement with Globex Mining Enterprises Inc. to acquire two royalties . The Middle Tennessee royalty is a sliding-scale, gross metal royalty on zinc production at the operating Middle Tennessee Mine , located in Smith County, Tennessee, United States, and operated by a subsidiary of Trafigura Group . The Company is also acquiring a new 1% Gross [...]
Electric Royalties Ltd. is pleased to announce that it has entered into an agreement with Globex Mining Enterprises Inc. to acquire two royalties . The Middle Tennessee royalty is a sliding-scale, gross metal royalty on zinc production at the operating Middle Tennessee Mine , located in Smith County, Tennessee, United States, and operated by a subsidiary of Trafigura Group . The Company is also acquiring a new 1% Gross [...]
Electric Royalties Ltd. is pleased to announce the signing of a Purchase and Sale Agreement to acquire a 1.5% Net Smelter Royalty interest from an arm's-length party on the Seymour Lake Lithium Deposit, located near significant infrastructure in Ontario, Canada. Brendan Yurik, CEO of Electric Royalties, stated "We are excited to acquire another royalty on an advanced hard rock lithium project in central Canada where a new [...]
Electric Royalties Ltd. is pleased to provide an asset update on its current royalty portfolio including the Financial Investment Review Board Approval for the acquisition of three previously announced cobalt royalties in Australia. Authier Lithium Royalty, 0.5% Gross Revenue Royalty, operated by ASX listed Sayona Mining Ltd New field work underway at Sayona's Authier Lithium Project, as Sayona progresses various [...]
Electric Royalties Ltd. is pleased to announce the execution of the definitive acquisition agreements to acquire a portfolio of 3 royalties from Global Energy Metals Corp. . Brendan Yurik, CEO of Electric Royalties, summarized: "It's been an exciting several weeks for Electric Royalties with the closing of an oversubscribed financing for $5.2 million and the successful completion of our go-public transaction with Rebel [...]
Electric Royalties Ltd. is pleased to announce the closing of the acquisition of a royalty over the Bissett Creek graphite project from Northern Graphite Corp. . Bissett Creek Royalty The Bissett Creek Royalty is a 1% Gross Revenue Royalty over all revenues received or receivable by Northern Graphite in connection with graphite flotation concentrate produced from the Bissett Creek graphite project. The royalty will be [...]
Electric Royalties Ltd. is pleased to announce the closing of the acquisition of a portfolio of seven royalties from Globex Mining Enterprises Inc. . The Globex Portfolio consists of the following Royalties: Authier Lithium Royalty The Authier Royalty is a 0.5% Gross Metal Royalty on part of the Authier lithium project . The Authier Lithium Project is located in the municipality of Preissac in the Province of Quebec and [...]
Electric Royalties Ltd. is pleased to announce the appointment of the following advisors to assist with the development of the Company's royalty portfolio. Richard Williams – Tin Advisor Richard Williams is a Professional Geologist with over 30 years' experience in gold mining and precious and base metal mineral exploration in southern Africa, the Americas, and Europe. Richard has spent the last 15 years in public company [...]
Electric Royalties is pleased to announce the commencement of trading on the TSXV under the symbol "ELEC", following the previously announced successful closing of a non-brokered private placement raising $5.23 million. Electric Royalties' focus is to acquire a portfolio of royalties over mining projects that will feed the increasing metal demand from the global electrification of cars and shift to rechargeable batteries [...]
Electric Royalties Ltd. (formerly Rebel Capital Inc.) is pleased to announce that pursuant to the business combination agreement dated January 28, 2020, as amended, between the Company, 1238383 B.C. Ltd. and Electric Royalties Ltd., the Company has completed its previously announced qualifying transaction with ERL, as described in the Company's press releases dated November 27, 2019, January 30, 2020, April 22, 2020, June [...]
Rebel Capital Inc. is pleased to announce that it has entered into a letter of intent dated November 21, 2019 with Electric Royalties Ltd., a British Columbia company pursuant to which Rebel will acquire all of the issued and outstanding shares in the capital of Electric Royalties. The Proposed Transaction is intended to constitute Rebel’s “Qualifying Transaction”, in accordance with TSX Venture Exchange Policy 2.4 [...]
Rebel Capital Inc. wishes to announce that it will not be proceeding with its previously announced Qualifying Transaction, as certain conditions of the Transaction were not met by the required dates. On October 29, 2019, DLC Pittsburgh Data Center 1 LLC, a wholly owned subsidiary of Rebel, terminated the proposed acquisition of a property located in Pittsburgh, Pennsylvania containing a 91,790 square foot data center with [...]