Electric Royalti Stock Price, News & Analysis

Electric Royalties (OTCQB:ELECF) reported significant progress across its royalty portfolio, highlighted by C$210,000 in revenues from the Punitaqui Copper Mine in Chile since December 2024. The mine shipped 7,533 dry metric tonnes of copper concentrates averaging 22.6% copper, containing approximately 3.75 million pounds of copper.

Key developments include: a significant rubidium resource discovery at Seymour Lake Lithium Project, an 80% increase in manganese mill feed grade at Battery Hill Project, and a 345% increase in graphite resources at the Graphite Bull Project. The company's portfolio now includes 43 royalties, with nine assets showing substantial progress in favorable jurisdictions.

Electric Royalties (OTCQB:ELECF) announced that Gleason & Sons LLC has converted C$536,500 of accrued interest into 3,700,000 common shares at C$0.145 per share under their convertible credit facility. The conversion is expected to be completed in August 2025, subject to TSX Venture Exchange approval.

CEO Brendan Yurik highlighted that this conversion eliminates all previously accrued interest and noted the continued support from their largest shareholder, Stefan Gleason. The company maintains a portfolio of 43 royalties, including a cash-flowing royalty on the Punitaqui copper mine in Chile.

Electric Royalties (ELECF) has appointed Robert Scott as its new Chief Financial Officer, replacing Luqman Khan. Scott, a CPA, CA, and CFA, brings over 25 years of experience in accounting, corporate finance, compliance, and banking. He has helped raise more than $200M in equity financing and has extensive experience in IPOs, mergers, and corporate restructuring. Scott is the founder and President of Corex Management Inc., which will provide accounting, administration, finance, and compliance services to Electric Royalties. The company states this transition is part of its strategy to reduce overhead and administrative costs while maintaining focus on building its royalty portfolio and establishing recurring royalty revenues.

Electric Royalties (ELECF) highlights how China's recent export restrictions on critical minerals validate the company's strategic focus on safer jurisdictions since 2020. China, the world's largest producer of germanium, gallium, and antimony, has implemented export controls and banned exports of these minerals to the U.S., along with new restrictions on graphite exports.

CEO Brendan Yurik emphasizes that the company's royalty portfolio is well-positioned to benefit from this situation, particularly through assets like the Middle Tennessee Zinc Mine, which contains germanium and gallium, and graphite royalty assets in Canada, Australia, and Madagascar. The company's strategy aligns with recent U.S. government initiatives, including Executive Order 14272, which aims to expedite domestic critical mineral projects and strengthen national security.

Electric Royalties has announced new marketing initiatives and incentive grants to boost investor awareness in 2025. The company has partnered with two marketing firms: Jefferson Financial for US$7,500 to distribute content in their Golden Opportunities newsletter, and Trusted Causes LLC for US$1,000 to share articles across multiple financial newsletters.

The company has implemented a comprehensive incentive package including:

• Stock Options: 1.6 million shares granted to directors, officers, and consultants at $0.14 per share
• RSUs: 500,000 restricted share units with two-year vesting period
• DSUs: 1 million deferred share units with immediate vesting

All grants are pending TSX Venture Exchange approval. The marketing engagement with Trusted Causes involves distribution through notable newsletters including Headline USA, Headline Health, Headline Wealth, Money Metals, and The Morgan Report.

Electric Royalties (ELECF) provided updates on its royalty portfolio, highlighting significant developments across multiple projects. The company's Seymour Lake lithium royalty (1.5% NSR) has seen substantial progress, with operator Green Technology Metals securing over $70M in funding and a potential $100M government financing. The project aims for production by 2027, with a Feasibility Study planned for 2026.

The Battery Hill manganese project (2.0% GMR) reported positive drilling results and over 95% effectiveness in ore sorting studies. The Mont Sorcier vanadium project showed promising metallurgical results, with a Feasibility Study expected in Q1 2026. The Authier lithium royalty is set to be integrated into the producing NAL mine following Sayona Mining's merger with Piedmont Lithium.

Additional developments include Graphite Bull's updated resource estimate showing a 345% increase in contained graphite, and the Zonia copper project's pending sale to a European metals investment manager for C$26.0 million.

Electric Royalties (TSXV:ELEC, OTCQB:ELECF) has expanded its portfolio from 11 to 43 royalties over the past five years, representing a 290% increase. The company also holds 17 lithium properties optioned out with potential for future cash-flowing royalties.

Key assets include:

• A 0.75% Gross Revenue Royalty on Chile's Punitaqui copper-gold mine
• 2% Gross Metal Royalty on Battery Hill Manganese Project
• 1% Gross Metal Royalty on Mont Sorcier Iron-Vanadium deposit
• 1.5% Gross Revenue Royalty on Bissett Creek Graphite Project

The company operates a low-risk royalty model, avoiding operational costs while benefiting from commodity price increases and production expansions. Insiders hold significant ownership: management family (~18%), Stefan Gleason (~28%), and Globex Mining (~11%). The company has a C$10 million convertible debt facility maturing in January 2028.

Electric Royalties (TSXV:ELEC, OTCQB:ELECF) has announced the appointment of Craig Lindsay as Chairman of the Board, following the company's annual meeting on March 14, 2025. Lindsay, who has been an independent director since 2016, succeeds Marchand Snyman, who served as director and Chair since 2020.

Lindsay brings over 30 years of experience in corporate finance, venture capital, and public company management. He is currently the Managing Director of Arbutus Grove Capital Inc and has previously founded and led successful ventures including Otis Gold Corp and Magnum Uranium Corp.

The transition occurs at what the company describes as a critical juncture, with Electric Royalties focusing on its portfolio of 42 royalties in metals essential for sustainable energy transition, particularly copper and graphite. At the annual shareholders' meeting, Bob Schafer, Stefan Gleason, Brendan Yurik, and Craig Lindsay were re-elected as directors, and all resolutions from the January 24, 2025 Information Circular were approved.

Electric Royalties (TSXV:ELEC)(OTCQB:ELECF) has announced that Gleason & Sons has chosen to convert C$428,540.40 of accrued interest from the company's convertible credit facility into 3,174,373 common shares at a conversion price of C$0.135 per share.

The conversion, which is being treated as a 'Shares for Debt' transaction under TSXV Policy 4.3, is expected to be completed in February 2025, subject to TSX Venture Exchange approval. The converted shares will carry resale restrictions, including a four-month and one-day holding period under Canadian securities laws and a six-month period under U.S. securities laws.

The transaction is exempt from 'related party transaction' requirements under TSXV Policy 5.9 and MI 61-101 regulations.