/Not for distribution to United States newswire services or for dissemination in the United States/ Electric Royalties Ltd. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and Red Cloud Securities Inc. , pursuant to which the Agents have agreed to act as agents, on a "best efforts" basis, in connection with [...]
Electric Royalties Ltd. is pleased to provide the following update on its royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented:"Now that we have successfully closed our royalty transaction on the producing Punitaqui Copper Project in Chile, we're also excited to share the latest in an ongoing stream of progress across our [...]
Electric Royalties Ltd. is pleased to announce the closing of the previously announced transaction to acquire a 0.75% Gross Revenue Royalty on the mining claims, mining leases and mineral tenures comprising the producing Punitaqui copper mine in Chile . In addition, the 0.75% GRR will apply to third-party materials processed through the Punitaqui [...]
Gleason & Sons LLC announced today it has advanced C$3,050,000 under its previously announced acquisition facility to Electric Royalties Ltd. , positioning the Company to close, without shareholder dilution, on its investment in a 0.75% gross revenue royalty on the producing Punitaqui copper project in Chile operated by Battery Minerals Resources [...]
Electric Royalties Ltd. announces that it has elected to draw down C$3,050,000 under its C$10,000,000 amended and restated convertible credit facility with Gleason & Sons LLC dated February 16, 2024 to partially fund the cash payment for the acquisition of a 0.75% Gross Revenue Royalty on the producing Punitaqui copper mine in Chile . Loans drawn [...]
Electric Royalties Ltd. is pleased to announce that the Company has entered into a definitive agreement with Battery Mineral Resources Corp. , Minera BMR SpA and Minera Altos De Punitaqui Limitada , dated November 22, 2024, to acquire a 0.75% Gross Revenue Royalty on the producing Punitaqui copper mine in Chile in exchange for a cash payment of [...]
Electric Royalties Ltd. is pleased to provide the following update on its royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "We are happy to report on developments in connection with seven royalties in our portfolio, all coming on the heels of the significant resource upgrade at the Zonia copper project in Arizona . We're [...]
Electric Royalties Ltd. is pleased to announce the signing of a binding letter agreement dated September 17, 2024 with Minera Cobre Verde , a subsidiary of Cobre y Metales, to acquire a copper stream on the Minera Cobre Verde Mine , located in the Antofagasta Region of Chile . Under the terms of the Agreement, Electric Royalties will pay [...]
Electric Royalties Ltd. is pleased to announce that royalty asset partner World Copper Ltd. published the results of an updated mineral resource estimate for the Zonia copper-oxide deposit in Arizona, USA on September 9, 2024. Electric Royalties holds a 0.5% gross revenue royalty on Zonia. The updated estimate includes 113.2 million short tons [...]
Electric Royalties Ltd. is pleased to announce that royalty asset partner World Copper Ltd. published the results of an updated mineral resource estimate for the Zonia copper-oxide deposit in Arizona, USA on September 9, 2024. Electric Royalties holds a 0.5% gross revenue royalty on Zonia. The updated estimate includes 113.2 million short tons [...]
Electric Royalties Ltd. is pleased to announce that it has appointed Red Cloud Financial Services Inc. to provide the Company with a range of non-exclusive financial advisory and promotional services. Red Cloud is a Toronto-based financial services firm that provides assistance to mineral exploration and mining companies in accessing capital [...]
Electric Royalties Ltd. is pleased to provide the following update on its royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "We are looking forward to the successful business combination by the operator of our Penouta royalty so that production under its section B permit can commence while the reinstatement of the section C [...]
