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viewElectric Royalties Ltd
(
TSX-V:ELECOTC:ELECF
)

Electric Royalties adds to portfolio by acquiring a 1% royalty on the Cancet Lithium Project

Electric Royalties CEO Brendan Yurik joined Steve Darling from Proactive to bring news the company has signed two royalty purchase and sale agreements to acquire a 1% Net Smelter Royalty on licenses at the Cancet Lithium Project situated in Quebec. This is an all-stock deal.

Yurik telling Proactive the Cancet Project is an exploration stage project located in northern Quebec approximately 250 km east of James Bay. The broader project covers approximately 12,746 hectares and is located on an all-season highway and is near low-cost hydroelectric power.

Quick facts: Electric Royalties Ltd

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TSX-V:ELEC

Price: 0.38 CAD

Market Cap: $28 m

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Electric Royalties renegotiates MTM Royalty Acquisition and financing package

Electric Royalties (CVE: ELRC) CEO Brendan Yurik joined Steve Darling from Proactive to share news the company has restructured the acquisition of the Globex portfolio of royalties and has revised the associated non-binding letter of intent with Sprott Resource Streaming and Royalty...

on 26/5/21

2 min read