Electric Royalties: Several Copper Royalties Make Strides and Copper Royalty Revenues Rise

Rhea-AI Summary

Electric Royalties (TSXV:ELEC / OTCQB:ELECF) reported growing copper royalty activity and cash receipts tied to recent portfolio updates on December 2, 2025. The company received C$253,359 in royalties since acquiring the Punitaqui royalty in December 2024 and expects additional fourth-quarter 2025 receipts.

Key portfolio developments: Punitaqui production and concentrate-sales targets for 2025–2026 are detailed by the operator; Zonia was sold to Edge Copper, which closed a C$17 million financing and plans a 60,000-foot drill program beginning Q4 2025; Millennium drilling commenced under a AUD$250,000 Queensland government program targeting graphite and copper-cobalt-gold extensions.

Positive

• Received C$253,359 in royalties since December 2024
• Punitaqui 2025 production target: 15,000–16,000 DMT concentrates
• Punitaqui 2026 production target: 28,000–30,000 DMT concentrates
• Edge Copper closed C$17 million financing for Zonia
• Edge Copper planning a 60,000-foot drill program starting Q4 2025

Negative

• Royalty revenue projections assume favorable operating and metallurgical conditions
• Company outcomes rely on third-party operators and disclosures for material updates

Key Figures

Punitaqui royalty revenue: C$253,359 Zonia project funding: C$17 million Punitaqui concentrate sales: 2,374 dry metric tonnes +5 more

8 metrics

Punitaqui royalty revenue C$253,359 Revenues since December 2024 royalty acquisition of Punitaqui Copper Mine

Zonia project funding C$17 million Funding received by Edge Copper to advance Zonia Copper Project

Punitaqui concentrate sales 2,374 dry metric tonnes Copper concentrates sold Sep 1–Oct 14, 2025

Concentrate copper grade 25% copper Average grade of Punitaqui copper concentrates sold in period

Contained copper 1.8 million pounds Contained copper in Punitaqui concentrate sales Sep 1–Oct 14, 2025

Zonia drill program 60,000 feet Planned drill program by Edge Copper commencing in Q4 2025

Millennium program funding AUD$250,000 Queensland government-funded Collaborative Exploration Initiative program

Additional mining lease area 159 hectares Application area for further exploration at Millennium Project

Market Reality Check

Price: $0.1100 Vol: Volume 18,370 is below 20...

low vol

$0.1100 Last Close

Volume Volume 18,370 is below 20-day average 46,416 (relative volume 0.4). low

Technical Price 0.1084 is trading above 200-day MA at 0.10, despite a -15.28% 24h move and sitting 32.25% below its 52-week high.

Peers on Argus

ELECF fell 15.28% while peers were mixed: GRATOMIC (CBULF) up 4%, MASON RES (MGP...

ELECF fell 15.28% while peers were mixed: GRATOMIC (CBULF) up 4%, MASON RES (MGPHF) up 6.3%, TNR GOLD (TRRXF) up 14.16%, ROYALTIES INC (ROYIF) flat, and RUGBY RES (RBMNF) down 54.52%. The move appears stock-specific rather than a unified sector move.

Historical Context

5 past events · Latest: Dec 08 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 08	Portfolio update	Positive	+2.2%	Critical-minerals royalty portfolio progress with multiple studies advancing.
Nov 06	Capital raise	Neutral	+3.4%	Non-brokered private placement raising about $1M for working capital and deals.
Sep 04	Royalty revenues	Positive	+4.4%	Higher Punitaqui copper royalty revenues and broad portfolio resource gains.
Aug 18	Debt conversion	Positive	+1.4%	Conversion of C$536,500 accrued interest into equity under credit facility.
Jun 16	Management change	Neutral	+5.5%	New CFO appointed as part of cost-reduction and portfolio growth strategy.

Pattern Detected

Over the last five news and financing events, ELECF historically showed positive next-day reactions to portfolio and capital-structure updates, so the current sharp decline against a constructive copper royalty update diverges from its usual pattern.

Recent Company History

In the past six months, Electric Royalties reported multiple portfolio advances and balance-sheet actions. On Jun 16, a CFO transition supported its focus on recurring royalties. Subsequent updates on Punitaqui and other royalties, plus a $1,000,000 private placement on Nov 6, all saw modest positive price reactions. A further critical-metals portfolio update on Dec 8 also coincided with gains. Today’s copper royalty progress continues this operational momentum, even as the share price moved lower.

Market Pulse Summary

This announcement details continued growth in Electric Royalties’ copper royalty portfolio, includin...

Analysis

This announcement details continued growth in Electric Royalties’ copper royalty portfolio, including C$253,359 in Punitaqui revenues, a C$17 million funding package for Zonia, and an AUD$250,000 government-backed program at Millennium. These updates build on earlier portfolio progress and capital-structure moves. Investors may focus on how quickly these partner-operated projects advance toward larger-scale production and how that translates into recurring royalty cash flow over time.

Key Terms

gross revenue royalty, dry metric tonnes, indicated and inferred resources, jorc 2012 mineral resource estimate, +3 more

7 terms

gross revenue royalty financial

"Punitaqui Copper Mine (0.75% Gross Revenue Royalty) - On October 16, 2025..."

A gross revenue royalty is a fixed payment calculated as a percentage of a company’s total sales before expenses, paid to a third party such as an investor, landowner or licensor. It matters to investors because it directly reduces the cash a business keeps from each sale—like a toll taken from every dollar of income—affecting profitability, cash flow and the company’s ability to reinvest or pay dividends, and it is paid regardless of whether the business is profitable.

dry metric tonnes technical

"it sold a total of 2,374 dry metric tonnes ("DMT") of copper concentrates..."

Dry metric tonnes are a standardized measure of mass equal to one metric tonne (1,000 kilograms) after removing the moisture content from the material, so the number reflects only the dry substance. Investors care because moisture can inflate shipment weight and reduce the amount of sellable product—using dry weight lets you compare prices, estimate revenue and inventory more accurately, and assess shipping and storage costs on an apples‑to‑apples basis.

indicated and inferred resources technical

"advance the conversion of Zonia's extensive oxide copper Indicated and Inferred Resources."

Indicated and inferred resources describe two levels of confidence in how much of a mineral or deposit exists. An indicated resource is a reasonably reliable estimate based on enough sampling to support preliminary planning, while an inferred resource is a much less certain guess from limited data; together they tell investors how much potential value might exist but also how much technical and financial risk remains before production.

jorc 2012 mineral resource estimate regulatory

"within and adjacent to the JORC 2012 Mineral Resource Estimate."

A JORC 2012 mineral resource estimate is a standardized, independently compiled calculation of how much mineral material a mining project likely contains and how confident experts are in those numbers, produced under the 2012 edition of the Australian JORC reporting code. Investors use it like a property appraisal: it translates raw exploration data into a transparent, comparable estimate of potential value and risk, helping decide whether further investment or development is justified.

diamond drilling technical

"announced the commencement of diamond drilling at the Millennium Project..."

Diamond drilling is a method that uses a rotating drill with industrial diamonds on the bit to cut and retrieve cylindrical rock samples (cores) that preserve the sequence of underground layers. For investors, these cores act like a geological “biopsy,” providing direct, verifiable information about mineral presence, grade and continuity—data that underpins resource estimates, project valuation, drilling risk and financing decisions.

mining lease regulatory

"submitted an application for an additional mining lease at Millennium..."

A mining lease is a legal agreement that gives a company the right to dig up and sell mineral resources from a specific piece of land for a set period, often under conditions and payments to the landowner or government. Investors care because the lease determines whether a company can access the resource, how long it can operate, what costs and rules apply, and therefore directly affects production prospects, revenue potential and the asset’s value — think of it like renting a plot to dig and sell what you find, with clear rules attached.

mineral resource estimate technical

"within and adjacent to the JORC 2012 Mineral Resource Estimate."

A mineral resource estimate is a calculated approximation of how much metal or mineral material likely exists in a particular deposit and where it sits underground, similar to estimating how many cookies are in a jar by peeking at the layers. It matters to investors because it provides a data-based starting point for judging a project's potential value, future production and risks, while not guaranteeing recoverable or profitable amounts.

AI-generated analysis. Not financial advice.

VANCOUVER, BC / ACCESS Newswire / December 2, 2025 / Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to provide an update on growing revenues and progress within its copper royalty portfolio.

Electric Royalties CEO Brendan Yurik commented: "We are pleased to announce the receipt of C$253,359 in revenues since our December 2024 royalty acquisition of the Punitaqui Copper Mine in Chile, with additional revenues expected in the fourth quarter of 2025. We are very encouraged by the ongoing ramp-up at Punitaqui - an increase in production there directly supports higher royalty revenues for our Company, strengthening our cash flow and underpinning our growth strategy.

"Meanwhile, the new operator at the Zonia Copper Project in Arizona, Edge Copper Corporation, has received funding of C$17 million to leverage proprietary AI-driven exploration methods to expand Zonia's resource further and complete a pre-feasibility study. The new ownership team and investment provide confidence that Zonia will emerge as a leading U.S.-based copper project at a time when copper has been formally recognized as a critical mineral by the U.S. government. Copper's inclusion on the official U.S. Geological Survey critical minerals list grants copper projects access to streamlined permitting, potential federal funding, and tax incentives.

"At the Millennium Copper-Cobalt Project in Australia, the commencement of diamond drilling to target high-grade graphite - sitting on top of and adjacent to an existing cobalt-copper-gold resource - underscores the project's position as a critical minerals asset in a readily accessible mining district near Cloncurry, Queensland.

"We will soon report on progress as to other royalties and metals within our portfolio of high-value critical minerals projects. Having recently optimized our company overhead expenses, our primary focus remains on maximizing both near-term royalties and long-term value creation."

Additional details on recent developments within our portfolio of copper royalties include:

• Punitaqui Copper Mine (0.75% Gross Revenue Royalty) - On October 16, 2025, Battery Mineral Resources Corp. (TSXV:BMR) ("BMR") announced that during the period from September 1 to October 14, 2025, it sold a total of 2,374 dry metric tonnes ("DMT") of copper concentrates produced at the Punitaqui Copper Mine in Chile. The concentrates averaged 25% copper, amounting to approximately 1.8 million pounds of contained copper.

  According to BMR, the near-term sales goal at Punitaqui is 2,500 to 2,700 DMT of copper concentrates per month by the end of 2025, assuming favorable operating and metallurgical conditions. Copper concentrate production targets for full year 2025 and 2026 are 15,000 to 16,000 DMT (potentially resulting in approximately 8.8 million pounds of contained copper), and 28,000 to 30,000 DMT (potentially resulting in approximately 16.5 million pounds of contained copper), respectively, assuming favorable operating and metallurgical conditions.

  Electric Royalties is relying on the information provided by BMR.

• Zonia Copper Oxide Project (0.5% Gross Revenue Royalty) - On October 30, 2025, World Copper Ltd. (TSXV:WCU) ("World Copper") announced the completion of the previously announced sale of the Zonia Copper Project in Arizona, USA, to Edge Copper Corporation (TSXV:EDCU) ("Edge Copper"). For additional details on the transaction, see World Copper's news release dated October 30, 2025.
  
  On November 3, 2025, Edge Copper announced the commencement of its inaugural drill program at Zonia, in collaboration with GeologicAI - a company using advanced artificial intelligence and geological modeling technologies to shorten the exploration process. GeologicAI, through its Resource Exploration Strategies unit, was the lead investor in Edge Copper's C$17 million equity financing, which closed on October 30, 2025.
  
  Edge Copper is planning a 60,000-foot drill program, commencing in Q4 2025, to expand resources and advance the conversion of Zonia's extensive oxide copper Indicated and Inferred Resources. Based on these results, Edge Copper expects to update the current mineral resource and, if successful, the planned program could support a significantly larger and longer-life operation at Zonia than previously reported.
  
  Electric Royalties is relying on the information provided by World Copper and Edge Copper.

• Millennium Copper-Cobalt Project (0.5% Gross Revenue Royalty) - On November 27, 2025, Metal Bank Limited (ASX:MBK) ("Metal Bank") announced the commencement of diamond drilling at the Millennium Project in Queensland, Australia, as part of its AUD$250,000 Queensland government-funded Collaborative Exploration Initiative program.

  This drilling targets high-grade near surface extensions to previously announced graphite results and bulk metallurgical samples within and adjacent to the JORC 2012 Mineral Resource Estimate.

  Metal Bank has also submitted an application for an additional mining lease at Millennium to facilitate further exploration and operations for both copper-cobalt-gold and graphite resources. This application area consists of approximately 159 hectares.

  Electric Royalties is relying on the information provided by Metal Bank.

Alan Roberts, a Certified Professional Geologist ("CPG") # 11260 by the American Institute of Professional Geologists, and a qualified person, who is not independent of Electric Royalties, has reviewed and approved the technical information contained in this release.

About Electric Royalties Ltd.

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.

Electric vehicle sales, battery production capacity and renewable energy generation are slated to increase significantly over the next several years and with it, the demand for these targeted commodities. This creates a unique opportunity to invest in and acquire royalties over the mines and projects that will supply the materials needed to fuel the electric revolution.

Electric Royalties has a growing portfolio of 43 royalties in lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper across the world. The Company is focused predominantly on acquiring royalties on advanced stage and operating projects to build a diversified portfolio located in jurisdictions with low geopolitical risk, which offers investors exposure to the clean energy transition via the underlying commodities required to rebuild the global infrastructure over the next several decades toward a decarbonized global economy.

Company Contact

Brendan Yurik
CEO, Electric Royalties Ltd.
Phone: (604) 364‐3540
Email: Brendan.yurik@electricroyalties.com
https://www.electricroyalties.com/

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor any other regulatory body or securities exchange platform, accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements Regarding Forward-Looking Information and Other Company Information

This news release includes forward-looking information and forward-looking statements (collectively, "forward-looking information") with respect to the Company within the meaning of Canadian securities laws. This news release includes information regarding other companies and projects owned by such other companies in which the Company holds a royalty interest, based on previously disclosed public information disclosed by those companies and the Company is not responsible for the accuracy of that information, and that all information provided herein is subject to this Cautionary Statement Regarding Forward-Looking Information and Other Company Information. Forward looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. This information represents predictions and actual events or results may differ materially. Forward-looking information may relate to the Company's future outlook and anticipated events and may include statements regarding the financial results, future financial position, expected growth of cash flows, business strategy, budgets, projected costs, projected capital expenditures, taxes, plans, objectives, industry trends and growth opportunities of the Company and the projects in which it holds royalty interests.

While management considers these assumptions to be reasonable, based on information available, they may prove to be incorrect. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company or these projects to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving the renewable energy industry; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the mining industry generally, recent market volatility, income tax and regulatory matters; the ability of the Company or the owners of these projects to implement their business strategies including expansion plans; competition; currency and interest rate fluctuations, and the other risks.

The reader is referred to the Company's most recent filings on SEDAR+ as well as other information filed with the OTC Markets for a more complete discussion of all applicable risk factors and their potential effects, copies of which may be accessed through the Company's profile page at sedarplus.ca and at otcmarkets.com.

SOURCE: Electric Royalties Ltd.

View the original press release on ACCESS Newswire

FAQ

How much royalty revenue has Electric Royalties (ELECF) received from Punitaqui as of December 2, 2025?

Electric Royalties reported receiving C$253,359 in revenues since the December 2024 Punitaqui royalty acquisition.

What are Punitaqui's 2025–2026 copper concentrate production targets cited by ELECF?

Operator targets are 15,000–16,000 DMT for 2025 and 28,000–30,000 DMT for 2026, assuming favorable conditions.

What financing did Edge Copper complete for the Zonia project referenced by Electric Royalties (ELECF)?

Edge Copper closed an equity financing of C$17 million, with GeologicAI as a lead investor.

When will Edge Copper begin drilling at Zonia and how large is the program?

Edge Copper announced a 60,000-foot drill program commencing in Q4 2025 to expand and convert oxide copper resources.

What exploration activity began at the Millennium project mentioned by ELECF on December 2, 2025?

Diamond drilling commenced under a AUD$250,000 Queensland government Collaborative Exploration Initiative targeting high-grade graphite and copper-cobalt-gold extensions.

Does Electric Royalties directly operate the projects that generate its royalties (TSXV:ELEC / OTCQB:ELECF)?

No; Electric Royalties holds gross revenue royalties and is relying on information and operators (e.g., Battery Mineral Resources, Edge Copper, Metal Bank) for project updates.