Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF), following the announcement of financing for its flagship lithium and manganese royalties, has provided an update on other key assets in its portfolio. "Key developments include metallurgy advancing at the Mont Sorcier Project ahead of the feasibility study, promising exploration results at the producing Punitaqui copper-gold mine, near-term resource update and bulk sampling results expected at the Graphite Bull Project, drilling results and new exploration targets identified at the Råna Nickel Project, and equity raised to help advance the Kenbridge Nickel Project,” Electric Royalties CEO Brendan Yurik said in a statement.
Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) announced that it has closed its brokered private placement and concurrent non-brokered private placement raising gross proceeds of approximately C$2.5 million. "With strong participation in this financing from our existing shareholders along with some supportive new shareholders, Electric Royalties is well positioned to capitalize on the strategic opportunities we see before us,” Brendan Yurik, Electric Royalties CEO, said in a statement.
Not for distribution to United States newswire services or for dissemination in the United States VANCOUVER, BC / ACCESSWIRE / January 15, 2025 / Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to announce that it has closed its brokered private placement (the "Offering") as previously announced on December 9, 2024.
27 Aug 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
10 Dec 2024 Date | | - Cons. EPS | - EPS |
27 Aug 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
10 Dec 2024 Date | | - Cons. EPS | - EPS |
Industrial Materials Industry | Basic Materials Sector | Mr. Brendan Yurik CEO | OTC PINK Exchange | CA28500L1094 ISIN |
CA Country | 1 Employees | - Last Dividend | - Last Split | - IPO Date |
Electric Royalties Ltd. is a forward-thinking company with a strategic focus on acquiring royalties in a diverse range of mines and mineral projects. With its headquarters based in Vancouver, Canada, the company specializes in investments that cover a wide spectrum of battery and technology metals. These metals are integral to various technologies, especially those related to renewable energy and electric vehicles. By concentrating on royalties, Electric Royalties Ltd. positions itself in a unique niche within the mining and minerals sector, offering potential growth opportunities through exposure to several critical and strategic commodities.
Electric Royalties Ltd.'s business model revolves around the acquisition of royalties in mines and mineral projects involving a variety of critical commodities. Below is a listing of the primary commodities they focus on, along with an explanation for each: