Electric Royalti Stock Price, News & Analysis

Electric Royalties Ltd. reports that Sayona Mining has secured a A$190 million institutional placement to restart spodumene concentrate production at its North American Lithium operation in Quebec. The funding also includes A$35 million for Authier development. This initiative positions Sayona to establish a significant lithium mining hub and is expected to boost production ahead of competitors. Electric Royalties holds a 0.5% gross revenue royalty on Authier, which is being developed at no cost to the company. The growing demand for lithium due to the electrification of vehicles is a key market driver.

Electric Royalties Ltd. (TSXV:ELEC) (OTCQB:ELECF) has successfully closed the acquisition of a 1% Net Smelter Royalty on the Sleitat Tin-Silver deposit in Alaska from a subsidiary of Cornish Metals Inc. This acquisition includes 1,425 hectares and is strategic for the Company's growing portfolio of royalties. Additionally, Electric Royalties announced a partnership with Renmark Financial Communications for investor outreach, incurring monthly fees of C$9,000. Electric Royalties focuses on acquiring royalties tied to essential commodities for the electrification movement.

Electric Royalties Ltd. (TSXV:ELEC, OTCQB:ELECF) reported a positive update on its royalty assets, highlighting ongoing developments in its Graphmada graphite and Seymour Lake lithium projects. The company has seen 17 updates across 10 royalties in 2022, funded at no cost. Significant milestones include completed drill programs in Madagascar and Ontario, indicating substantial mineral resource potential. Electric Royalties holds a growing portfolio of 18 royalties, with a focus on advanced projects in low-risk jurisdictions, capitalizing on increasing demand for essential minerals in the electrification and renewable energy sectors.

Electric Royalties Ltd. (TSX.V:ELEC) (OTCQB:ELECF) announced a significant increase in royalty payments from the Middle Tennessee Mine due to rising zinc prices. Since the acquisition on August 11, 2021, total royalty revenue reached approximately US$1,158,000 (C$1,459,000), with about US$289,000 (C$365,000) attributable to Electric Royalties. Zinc prices have surged 41% to US$4,260 per ton. CEO Brendan Yurik expressed optimism about future royalty acquisitions as zinc remains crucial for clean energy developments.

Electric Royalties Ltd. (TSX-V:ELEC)(OTCQB:ELECF) has shared a significant update regarding its royalty portfolio as of Q1 2022. The company highlights promising drill results from projects including Cancet (lithium), Seymour Lake (lithium), and Graphmada (graphite). Notably, the upcoming Preliminary Economic Assessment (PEA) for the Battery Hill manganese project could potentially enhance royalty revenues. The company is optimistic about continued progress across various assets and anticipates further updates within the year.

Electric Royalties Ltd. announced the signing of a binding letter of intent to acquire a 1% Net Smelter Royalty (NSR) on the Sleitat Mountain Tin-Silver deposit in Alaska from a subsidiary of Cornish Metals Inc.. The acquisition is valued at 1 million shares and $100,000 cash. The Sleitat Project is one of only two economically viable tin deposits in the U.S. Historical drilling indicates favorable grades, with significant inferred resources. The deal aligns with Electric Royalties' strategy to expand its portfolio in high-demand commodities amid a global drive for electrification.

Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) has provided an update detailing active developments in its royalty portfolio. CEO Brendan Yurik highlighted ongoing drilling on lithium assets including Cancet, Seymour Lake, and Chubb. The Battery Hill manganese royalty has received promising metallurgical results, and a potentially significant feasibility study is forthcoming. Additionally, developments at Authier and Graphmada are anticipated. The company holds a diverse portfolio of 18 royalties, with investments poised to benefit from rising clean energy metal prices.

Electric Royalties Ltd. (TSXV:ELEC) has filed a final short form base shelf prospectus, aiming for financial flexibility to support growth initiatives, including royalty acquisitions. The prospectus permits the company to offer up to $100 million in securities over the next 25 months. This move comes as Electric Royalties seeks to leverage the increasing demand for commodities like lithium and cobalt due to the electrification trend. Their portfolio consists of 18 royalties, highlighting the strategy to build a diversified investment in low-risk jurisdictions.

Electric Royalties (TSXV:ELEC)(OTCQB:ELECF) has filed an amended NI 43-101 Technical Report on the Middle Tennessee Mines, effective December 31, 2021, to address regulatory comments. The company holds a 25% interest in a sliding scale royalty on zinc production, which activates at varying price thresholds. Electric Royalties is actively expanding its portfolio, focusing on commodities tied to electrification trends, with a goal of positioning itself as a key player in the clean energy transition.