Electric Royalties CEO Brendan Yurik joined Steve Darling from Proactive to share news the company has signed an agreement with Strategic Minerals Europe to acquire a 0.75% Gross Revenue Royalty on the currently producing Penouta tin-tantalum mine in Spain. The Penouta Mine is currently the largest tin and tantalum producer in all of Europe. Yurik shares with Proactive the company will also have an option have an option to acquire an additional 0.75% GRR for the next 7 months.
Electric Royalties acquires Gross Revenue Royalty on largest tin and tantalum producer in Europe