Electric Royalties Ltd. is pleased to provide an asset update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "It's a great start to 2023 with nine royalty asset updates setting the stage for an exciting year for Electric Royalties' shareholders. With the recent acquisition of a royalty on the Penouta [...]
Electric Royalties Ltd. is pleased to announce the closing of the previously announced acquisition of a 0.75% gross revenue royalty on the producing Penouta tin-tantalum mine in Spain with Strategic Minerals Europe Corp. in exchange for a cash payment of C$1,000,000 and 500,000 common shares of Electric Royalties. In addition, the Company has an [...]
Electric Royalties Ltd. is pleased to announce, further to its November 15, 2022 press release, that it has elected to draw down C$1,000,000 under the C$2,000,000 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 15%, with Interest payments [...]
Electric Royalties Ltd. is pleased to provide an asset update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "Despite the difficult equity markets in the past six months, it has been tremendously exciting to see progress continue across our portfolio, particularly at our lithium assets. Upon forecast restart [...]
This news release contains amendments to the paragraph below the Financing section heading, and the year production commenced at the Penouta Mine. Complete corrected text follows: Electric Royalties Ltd. is pleased to announce the signing of an agreement with Strategic Minerals Europe Corp. to acquire a newly granted 0.75% Gross Revenue Royalty on [...]
This news release has been amended to add "" in Table 1. Complete corrected text follows: Electric Royalties Ltd. is pleased to announce the signing of an agreement with Strategic Minerals Europe Corp. to acquire a newly granted 0.75% Gross Revenue Royalty on the producing Penouta tin-tantalum mine in Spain in exchange for a cash payment of [...]
Strategic Minerals Europe Corp. , a company focused on the production, development, and exploration of tin, tantalum and niobium, announces that it has entered into a letter of intent with Electric Royalties Ltd. with respect to the proposed grant to Electric Royalties of a gross revenue royalty on the Company's Penouta tin-tantalum mine in Spain [...]
Electric Royalties Ltd. is pleased to announce the signing of an agreement with Strategic Minerals Europe Corp. to acquire a newly granted 0.75% Gross Revenue Royalty on the producing Penouta tin-tantalum mine in Spain in exchange for a cash payment of C$1,000,000 and 500,000 common shares of Electric Royalties. In addition, the Company will have [...]
Electric Royalties Ltd. is pleased to provide an asset update on its current royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "We are seeing rapid progress across many of our lithium royalty interests, and we are confident that our commitment to clean energy metal royalties remains a solid business proposition. As an example [...]
Stefan Gleason , a private investor, today 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 to approximately 15.4%. "I am thrilled to continue snatching up steeply undervalued shares of this first-mover [...]
Electric Royalties Ltd. is pleased to announce that Voyager Metals Inc. has filed a Preliminary Economic Assessment of the Mont Sorcier iron and vanadium project located near Chibougamau, Quebec, Canada, on SEDAR. Electric Royalties holds a 1% gross metal royalty on vanadium production at Mont Sorcier, which is projected to have a 21-year operating [...]
Electric Royalties Ltd. is pleased to announce closing of the previously announced acquisition of a 0.5% gross revenue royalty on the Zonia Copper Oxide Project in Arizona, USA with World Copper Ltd. in exchange for C$1,550,000 cash and 2,000,000 common shares of the Company . The Company has the right, for a period of 15 months after closing of [...]
