Electric Royalties acquires 18 royalty agreements and 32 lithium properties in Ontario, Canada, for potential option payments up to C$2.2 million.
Electric Royalties Ltd. has entered into an Asset Purchase Agreement to acquire a portfolio of 18 royalty agreements and 32 lithium properties in Ontario, Canada, selected for their prospectivity. The deal involves 31 of the 32 properties being explored by third parties, with potential option payments up to C$2.2 million over 2.5 years, yielding up to C$2.2 million to Electric Royalties.
April 09, 2024
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