Electric Royalties announces that its Board of Directors has adopted a shareholder rights plan to help ensure the fair treatment of all Electric Royalties shareholders in connection with any take-over bid for the outstanding common shares of the Company. The Shareholder Rights Plan is effective immediately but is subject to ratification by [...]
Electric Royalties Ltd. would like to inform the market of the termination of the previously announced agreement signed 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. LRC has informed the Company that it is unwilling to waive certain conditions to [...]
Electric Royalties is pleased to provide an asset update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "Lithium assets comprise 40% of our royalty portfolio so we are tremendously encouraged by the 350% increase in lithium prices over the past 12 months1. In the last quarter alone, more than $200 million has [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
