Electric Royalties Ltd. is pleased to announce that it has purchased an additional 0.5% Gross Revenue Royalty on the Bissett Creek graphite project in Ontario, Canada , operated by Northern Graphite Corp. , in exchange for a cash payment of C$950,000. Together with its existing 1% GRR on Bissett Creek, Electric Royalties now holds a 1.5% GRR on [...]
Electric Royalties Ltd. is pleased to provide the following update on its royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "It's been quite a summer of progress for our royalty portfolio with 19 updates from our asset partners over 4 months. We're especially excited about the most recent production update on our cash-flowing [...]
Electric Royalties Ltd. is pleased to provide the following update on its royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "Significant ongoing progress is being made across our portfolio, culminating in this sixth consecutive update containing at least seven new developments in our 22-royalty portfolio. "We're pleased to [...]
Electric Royalties Ltd. announces that it has exercised its option to increase its existing 0.75% Gross Revenue Royalty on the producing Penouta tin-tantalum mine in Spain , operated by Strategic Minerals Europe Corp. , by a further 0.75% in exchange for a cash payment of C$1,250,000. Electric Royalties now holds an aggregated 1.5% GRR on Penouta [...]
Electric Royalties Ltd. is pleased to provide the following update on its royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "Another exciting update from our portfolio of 22 royalties. To date in 2023, we have announced 38 development updates across 14 different assets, including 7 new updates since our last release in May [...]
Electric Royalties Ltd. is pleased to provide the following update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "We're pleased to have begun receiving payments from our recently acquired Penouta tin-tantalum royalty. We are now generating cash flow from both zinc and tin royalties, and expect our lithium [...]
Electric Royalties Ltd. is pleased to announce the closing of the previously announced acquisition of a 0.5% gross revenue royalty on certain mining claims, mining leases and mineral tenures comprising the wholly-owned Kenbridge Nickel Project in northwest Ontario, Canada with Tartisan Nickel Corp. in exchange for C$500,000 cash and 2,500,000 [...]
Electric Royalties Ltd. is pleased to announce, further to its April 20, 2023 press release, that it has elected to draw down C$500,000 under the C$5,000,000 convertible credit facility with Gleason & Sons LLC , which is controlled by a significant shareholder. The Loan has a term of 3 years and bears interest at a floating rate + 7%), with a [...]
Electric Royalties Ltd. is pleased to announce, further to its November 15, 2022 and January 19, 2023 press releases, that it has entered into an agreement with Gleason & Sons LLC to increase the Company's existing convertible credit facility from C$2,000,000 to C$5,000,000 . Gleason & Sons LLC is controlled by Stefan Gleason, a significant [...]
Electric Royalties Ltd. is pleased to provide the following update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "It's an exciting time for Electric Royalties as the Authier lithium project is nearing production as part of the largest lithium mining operation in Canada, the nearby North American Lithium [...]
Electric Royalties Ltd. is pleased to announce that Sayona Mining Limited has voluntarily submitted its Authier Lithium Project for an environmental impact assessment and review under the Québec Government's 'BAPE' process. According to Sayona's news release dated February 27, 2023, its request has been accepted by Québec's Ministry of the [...]
Electric Royalties Ltd. is pleased to announce the signing of a binding letter agreement with Tartisan Nickel Corp. to acquire a 0.5% gross revenue royalty on certain mining claims, mining leases and mineral tenures comprising the wholly-owned Kenbridge Nickel Project in northwest Ontario, Canada in exchange for C$500,000 cash and 2,500,000 common [...]
