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ELECF / Electric Royalties boosts convertible credit facility to C$10M in deal with major shareholder

Electric Royalties boosts convertible credit facility to C$10M in deal with major shareholder
Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) has signed a commitment letter to enhance its existing convertible credit facility from C$5 million to C$10 million. The agreement with Gleason & Sons LLC, controlled by shareholder Stefan Gleason, a notable shareholder and Board Observer of Electric Royalties, is backed by a portion of Electric Royalties' existing royalty portfolio, which includes royalty assets in Canada, Spain, and the US. Read More
Posted: Oct 19 2023, 08:38
Author Name: Proactive Investors
Views: 091958

ELECF News  

Electric Royalties gives update Middle Tennessee Mine zinc royalty

By Proactive Investors
November 2, 2023

Electric Royalties gives update Middle Tennessee Mine zinc royalty

Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) told investors that Nyrstar, the operator of the Middle Tennessee Mine (MTM) in Tennessee, on which it more_horizontal

Electric Royalties highlights promising developments across royalty portfolio

By Proactive Investors
November 1, 2023

Electric Royalties highlights promising developments across royalty portfolio

Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) has updated investors on recent promising developments at projects in its 22-royalty portfolio. At the more_horizontal

Electric Royalties boosts convertible credit facility to C$10M in deal with major shareholder

By Proactive Investors
October 19, 2023

Electric Royalties boosts convertible credit facility to C$10M in deal with major shareholder

Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) has signed a commitment letter to enhance its existing convertible credit facility from C$5 million to more_horizontal

Electric Royalties acquires additional royalty on Bissett Creek graphite project in Ontario

By Proactive Investors
September 27, 2023

Electric Royalties acquires additional royalty on Bissett Creek graphite project in Ontario

Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) announced that it has purchased an additional 0.5% Gross Revenue Royalty (GRR) on the Bissett Creek gra more_horizontal

Electric Royalties highlights recent milestones across its royalty portfolio

By Proactive Investors
September 26, 2023

Electric Royalties highlights recent milestones across its royalty portfolio

Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) said it has seen notable progress across its royalty portfolio this summer with 19 updates from its as more_horizontal

Royalty stocks: attractive returns with lower risk for resource investors

By Proactive Investors
September 15, 2023

Royalty stocks: attractive returns with lower risk for resource investors

Resource investors drawn to the sector's upside but nervous about the higher risk might want to consider royalty companies instead.   Royalty compa more_horizontal

Electric Royalties provides positive update on its royalty portfolio

By Proactive Investors
August 15, 2023

Electric Royalties provides positive update on its royalty portfolio

Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) has provided an update on activities since June 28, 2023, that pertain to its royalty portfolio.  On J more_horizontal

Electric Royalties increases royalty interest in Penouta tin-tantalum mine

By Proactive Investors
July 27, 2023

Electric Royalties increases royalty interest in Penouta tin-tantalum mine

Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) has increased its royalty interest in the producing Penouta tin-tantalum mine in Spain to 1.5%. Operate more_horizontal


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