Electric Royalties is pleased to provide an asset update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "It's exciting to see the advancement of our portfolio with two new resource estimates announced during the last month along with continued drilling at two more projects. At our Cancet and Seymour Lake lithium royalties, we have seen very quick progress over the past year with [...]
Stefan Gleason announced that he is filing another early warning report in connection with his acquisition of an additional 2% in outstanding shares of Electric Royalties Ltd., taking his stake in the Company above 13%. On July 15, 2022, Acquiror purchased 216,000 Company shares via the OTCQB . Prior to July 15, the Acquiror held an aggregate of 11,597,928 Common Shares and 500,000 Warrant Shares, representing [...]
Electric Royalties Ltd. is pleased to announce that Manganese X Energy Corp. has filed a Preliminary Economic Assessment of the Battery Hill manganese project in New Brunswick, Canada, on SEDAR. Electric Royalties holds a 2% gross revenue royalty on Battery Hill, which is projected to have a 47-year operating mine life. Brendan Yurik, CEO of Electric Royalties, commented: "We congratulate our royalty asset partner [...]
Stefan Gleason announced that he is filing an early warning report in connection with his acquisition of shares of Electric Royalties Ltd. On June 30, Acquiror purchased 1,138,750 Company shares via the OTCQB, taking his interest above the 10% reporting threshold. Prior to June 30, the Acquiror held an aggregate of 8,709,979 Shares and 500,000 Warrant Shares. The aggregate Shares and Warrants over which the Acquiror had [...]
Electric Royalties Ltd. is pleased to announce the signing of an agreement on June 27, 2022 to sell 1% of its existing 1.5% Net Smelter Royalty on the Seymour Lake Lithium Deposit in Ontario, Canada, to Lithium Royalty Corp. For more information on the Seymour Lake Lithium Deposit, see Electric Royalties' news release on Feb 17, 2021. Brendan Yurik, CEO of Electric Royalties, commented: "The sale of part of our Seymour [...]
Electric Royalties is pleased to provide an asset update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "A tremendous first half of 2022 has seen 24 exciting developments across 11 assets within our royalty portfolio. Drilling is underway at the high-grade copper-cobalt Millennium project in Australia with assays expected later this year. Drill results have been received on the [...]
Electric Royalties Ltd. is pleased to announce the signing of a binding letter agreement with World Copper Ltd. to acquire a 0.5% gross revenue royalty on the wholly owned Zonia Copper Oxide Project in Arizona, US in exchange for C$1,550,000 cash and 2,000,000 common shares of the Company . The Company will also have the right , for a period of 15 months after closing of the Transaction, to acquire a further 0.5% GRR on [...]
Electric Royalties Ltd. is pleased to announce that Sayona Mining Limited has completed a A$190 million institutional placement to fund the restart of spodumene concentrate production at Sayona's North American Lithium operation in Québec, Canada and broader development initiatives, including A$35 million earmarked for Authier development activities. For further details, see Sayona Mining's press release on May 27, 2022 [...]
Electric Royalties Ltd. is pleased to announce that Sayona Mining Limited has completed a A$190 million institutional placement to fund the restart of spodumene concentrate production at Sayona's North American Lithium operation in Québec, Canada and broader development initiatives, including A$35 million earmarked for Authier development activities. For further details, see Sayona Mining's press release on May 27, 2022 [...]
Electric Royalties Ltd. is pleased to announce closing of the previously announced Sleitat Tin-Silver Royalty acquisition with a wholly-owned subsidiary of Cornish Metals Inc. to acquire a 1% Net Smelter Royalty on mining claims comprising core strategic tenure at the Sleitat Mountain Tin-Silver deposit in Southwestern Alaska . The Sleitat Project was originally discovered by Cominco American Inc. in 1983 and is comprised [...]
Electric Royalties Ltd. is pleased to announce closing of the previously announced Sleitat Tin-Silver Royalty acquisition with a wholly-owned subsidiary of Cornish Metals Inc. to acquire a 1% Net Smelter Royalty on mining claims comprising core strategic tenure at the Sleitat Mountain Tin-Silver deposit in Southwestern Alaska . The Sleitat Project was originally discovered by Cominco American Inc. in 1983 and is comprised [...]
All amounts in Canadian dollars unless otherwise stated May 12, 2022 - Electric Royalties Ltd. is pleased to announce the closing of its previously announced marketed public offering pursuant to which the Company issued 11,500,000 units of the Company at a price of $0.30 per Unit for aggregate gross proceeds of $3,450,000, including 1,500,000 Units issued at the Offering Price for gross proceeds of $450,000 in connection [...]
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