Electric Royalties Ltd. (ELECF)
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Electric Royalties Announces Interest Conversion Under Convertible Credit Facility
VANCOUVER, BC / ACCESSWIRE / May 31, 2024 / Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") announces that Gleason & Sons LLC (the "Lender") has elected to convert C$578,176.37 of accrued interest on the principal amount of the Company's convertible credit facility (the "Interest") under the amended and restated convertible loan agreement dated February 15, 2024 between the Lender and Company (the "A&R Agreement"), into 2,753,220 common shares of the Company (the "Conversion Shares"), at a conversion price of C$0.21 per Conversion Share (the "Interest Conversion").
After Electric Royalties' Portfolio Rockets to 72 Assets, Stefan Gleason Further Boosts Equity Stake
CHARLOTTE, NC / ACCESSWIRE / May 30, 2024 / Stefan Gleason (the "Acquiror" or "Gleason") today announced that he is filing another early warning report in connection with his acquisition of additional shares of Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company").
