Electric Royalties Updates Corporate Presentation
Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) has updated its corporate presentation to highlight significant growth in its royalty portfolio. The company currently holds 17 royalties, with plans for further acquisitions in 2022. CEO Brendan Yurik emphasized the focus on essential metals for clean energy transition, noting a letter agreement for another royalty acquisition in October. Electric Royalties aims to capitalize on increasing electric vehicle sales and renewable energy demands, positioning investors to benefit from a decarbonized economy.
- Company has expanded its portfolio to 17 royalties, indicating growth.
- Plans for additional royalty acquisitions as the clean energy sector grows.
- None.
VANCOUVER, BC / ACCESSWIRE / November 3, 2021 / Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to announce the Company has updated its corporate presentation to reflect the significant growth in Electric Royalties' royalty portfolio. Interested parties can download the presentation from the corporate website at https://www.electricroyalties.com.
Brendan Yurik, CEO of Electric Royalties commented, "Our goal since day one has been to provide investors exposure to the essential metals required for the world to transition to clean energy. We are achieving this goal through a strong portfolio of royalty holdings which are diversified across a range of assets and which include each of the unique clean energy metals. We intend to maintain a pace of growth that has seen us acquire a robust and growing portfolio of 17 royalties in a little more than a year since going public. We have entered into a letter agreement in October for another royalty and have a robust pipeline of opportunities to pursue as we move into 2022."
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 & 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 feed the electric revolution.
Electric Royalties has a growing portfolio of 17 royalties, including one royalty that currently generates revenue. 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 towards a decarbonized global economy.
For further information, please contact:
Brendan Yurik Tel: (604) 364‐3540
Brendan.yurik@electricroyalties.com
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. 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, the Covid-19 pandemic, 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 www.sedar.com and at otcmarkets.com.
SOURCE: Electric Royalties Ltd.
View source version on accesswire.com:
https://www.accesswire.com/670921/Electric-Royalties-Updates-Corporate-Presentation
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