Company
Electric Royalties Ltd
CVE:ELEC
Electric Royalties is a royalty company established to take advantage of the demand for a wide range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper) that will benefit from the drive toward electrification of a variety of consumer products: cars, rechargeable batteries, large scale energy storage, renewable energy generation and other applications.
87 stories
Electric Royalties inks deal to acquire 0.75% royalty on producing tin-tantalum mine in Spain
The royalty company said it will acquire a 0.75% Gross Revenue Royalty (GRR) on the Penouta mine in exchange for a cash payment of C$1 million and 500,000 Electric Royalties common shares
Electric Royalties sees portfolio of 20 royalties advance toward lithium, manganese and iron production
Electric Royalties CEO Brendan Yurik said the company is seeing rapid progress across its lithium royalty interests in eastern Canada
Electric Royalties reveals positive PEA results for the Mont Sorcier project in Quebec
Highlights included annual average earnings before interest, taxes, depreciation and amortization (EBITDA) of US$348 million and average annual free cash flow of US$235 million over the life of mine
Electric Royalties encouraged by higher lithium prices, positive developments in royalty portfolio
Electric Royalties CEO Brendan Yurik said Sayona Mining's North American Lithium operation is fully financed to restart production and to develop Authier, one of the company's royalty assets
Electric Royalties says lithium assets making good progress in portfolio update
CEO Brendan Yurik said the Cancet and Seymour Lake lithium royalties have seen quick progress over the past year with nearly A$100 million raised by the operators and significant work programs completed
Electric Royalties inks deal to sell two thirds of its Seymour Lake 1.5% NSR to Lithium Royalty for C$4M
“This partial sale along with the cash from our recent financing will enable us to deploy capital into additional nearer-term production opportunities with a view to increasing cash flow,” Electric Royalties CEO Brendan Yurik said
Electric Royalties updates investors on 'exciting developments' across its royalty portfolio
CEO Brendan Yurik highlighted the company's high-grade copper-cobalt Millennium project in Australia, where drilling is underway with assays expected later this year
Electric Royalties to acquire gross revenue royalty on World Copper's Arizona copper oxide project
The agreement grants Electric Royalties a 0.5% gross revenue royalty on World Copper’s Zonia copper oxide project in Arizona
Electric Royalties closes previously announced marketed public offering for aggregate gross proceeds of $3,450,000
The total included 1,500,000 units issued at the offering price for gross proceeds of $450,000 in connection with the full exercise of the over-allotment option granted to the agents under the offering
Electric Royalties says two of its lithium royalty assets are nearing completion of mineral resource upgrades
CEO Brendan Yurik told shareholders that the company is excited that its Graphmada graphite and Seymour Lake lithium royalty assets are nearing the completion of mineral resource upgrades
Electric Royalties enters agreement for marketed public offering for gross proceeds of up to $3 million
The company said it intends to use the net proceeds from the offering for general corporate purposes, including funding potential future acquisitions of royalties and other interests, targeting commodities that enable the clean energy trans
Electric Royalties says strong upward trend in the price of zinc has significantly increased its royalty payments
"The MTM royalty represents what we anticipate to be many more royalties of its kind as we seek to prioritize the acquisition of cash-flowing royalties to continue to grow the company,” CEO Brendan Yurik said
Electric Royalties updates on 1Q activities from operating partners across its battery metals portfolio
A number of these projects are making "significant progress", CEO Brendan Yurik said in a wide-ranging update that highlighted positive results from the Cancet and Seymour Lake lithium projects, the Graphmada graphite project and Mont Sorci
Cornish Metals agrees to sell 1% NSR royalty on Sleitat tin-silver project to Electric Royalties
Brendan Yurik, CEO of Electric Royalties commented: "We are tremendously excited about adding the first tin royalty to our metals portfolio"
Electric Royalties updates on royalty portfolio spotlighting Graphmada graphite asset in Madagascar
The company has a royalty on the Graphmada mine in Madagascar, which was in continuous production for 20 months before being placed on care and maintenance on the outbreak of the pandemic
Electric Royalties files final short form base shelf prospectus
The prospectus is valid for a 25-month period during which time the company would be permitted to offer up to $100 million of common shares, warrants, subscription receipts, debt securities, or any combination, including in the form of unit
Electric Royalties closes previously announced Rana nickel 1% NSR acquisition
Electric said it had now issued 1.8 million shares of the company to Casper Peterson, Jeroen Van Gool, Martin Blakeman and Winton Willesee (as nominees for SRH) and made a cash payment of $90,000 to SRH, issued 200,000 consideration shares
Global Energy Metals and Electric Royalties strike deal to advance the development of the Rana nickel project in Norway
The deal sees GEMC increase its position in Electric, which will gain a 1% net smelter return royalty on the project
Electric Royalties provides update on six core assets within rapidly developing royalty portfolio
“We anticipate major catalysts across most of our portfolio in 2022 so despite the robust asset advancement we've seen in 2021, we're expecting 2022 to be even more exciting," CEO Brendan Yurik said
Electric Royalties is putting a charge into helping finance the electric revolution
Electric Royalties currently has a portfolio of 12 royalties and plans to focus predominantly on acquiring royalties on advanced stage and operating projects
Electric Royalties is a great way for investors to participate in the clean energy transformation
The company has three royalties that should be in production within 12 to 18 months and it plans to acquire more producing royalties
Electric Royalties receives first cash flow from its Middle Tennessee Mine zinc royalty interest
The company said it will receive distributions from the Middle Tennessee Mine royalty on a quarterly basis, at minimum
Electric Royalties closes Cancet Lithium royalty acquisition
The Cancet project is an exploration stage project in northern Quebec approximately 250 kilometers east of James Bay
Electric Royalties seeing "incredible" growth throughout its battery metal royalty portfolio, CEO says in a company update
Among the larger developments, Electric Royalties said that Australia’s Sayonara Mining Limited has completed its acquisition of North American Lithium, giving it ownership of the Authier Lithium project where Electric owns a 0.5% gross rev
Electric Royalties stock to trade on the OTCQB Venture Market
Electric Royalties said OTCQB eligibility will allow the company to expand its audience and activate its shareholder base in the US market
Electric Royalties inks deal to acquire a 1% NSR on the Cancet lithium project in Quebec
Electric Royalties will issue 3 million of its common shares as payment for the Cancet royalty in an all-stock transaction
Electric Royalties completes acquisition of graphite royalty portfolio from Vox
Under the Royalty Purchase Agreement, Electric Royalties will issue an aggregate of 7,270,408 common shares to Vox at a deemed price of $0.392 per share
Electric Royalties completes acquisition of two royalties from Globex Mining
The Middle Tennessee Mine royalty interest will transform Electric Royalties into a cash flowing royalty company
Electric Royalties shares news on busy period for its royalty assets
The royalty firm zeroed in on its Authier, Battery Hill, Seymour Lake and Millennium Cobalt interests, all of which saw significant activity over the past few weeks
Electric Royalties completes C$2M private placement; updates royalty acquisition on Middle Tennessee mine
The company has a portfolio of a dozen battery and electric vehicle metals royalties
Electric Royalties renegotiates its LOI with Sprott Streaming for the Globex Mining MTM royalty acquisition
The revised agreement will reduce the cash component payable by Electric Royalties to zero, which would provide better value for its shareholders
Electric Royalties outlines highlights from "incredible quarter of growth" across its royalty asset portfolio
Electric Royalties has a portfolio of 12 royalties and four more acquisitions in progress
Electric Royalties plans to complete a private placement of up to 25,000,000 units for proceeds of up to $10M
The company said the proceeds will be used to fund royalty acquisitions as well as for general corporate working capital purposes
Electric Royalties signs LOI with Sprott Resource Streaming and Royalty to help fund Middle Tennessee Mine royalty acquisition
Under the proposed terms, Sprott Streaming would pay C$9.15 million in cash in return for 50% of the mine royalty with Electric Royalties retaining 50% of the royalty
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NA Proactive news snapshot: Tinka Resources, Falcon Gold, Aion Therapeutic, American Resources, Hill Street Beverage UPDATE …
A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
Electric Royalties acquires its first cash-flowing royalty from Globex Mining
Electric Royalties will pay Globex C$13 million in cash plus 14.5 million Electric Royalties shares in consideration for the two royalties