Electric Royalties
Financials:
Primary ticker: TSXV:ELEC, OTCQB:ELECF
Stage of development: Exploration, Development, Production
Primary minerals: Lithium, Copper, Cobalt, Manganese, Tin, Zinc, Graphite, Vanadium, Nickel
Project to promote: 20 royalty assets in portfolio
Project location: Safe jurisdictions predominantly in North America
Website: electricroyalties.com
Corporate video: Click here
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 and 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 Royalties has a growing portfolio of 22 royalties, including two royalties that currently generate 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.
Cash: CAD$1.5M
Debt: NIL
Major shareholders:
Stefan Gleason – 14.5%
Globex Mining Enterprises Inc. – 13.9%
MM Asset Management, Inc. – 6.58%
Brendan Yurik – 3.92%
Commodity Capital AG – 1.90%
Management Ownership – Approx. 6.5%
Management Profile
Brendan Yurik – CEO
Brendan Yurik (CEO) was the Founder and CEO of Evenor Investments Ltd, a financial advisory group to junior mining companies for alternative financing, debt, equity and M&A with experience on over $2 billion in mining financing transactions throughout his career. He has prior global experience as a research analyst as well as in business development and mining financial advisory roles with Endeavour Financial, Cambrian Mining Finance Ltd, Northern Vertex Mining Corp. and King & Bay West Management Corp.
What is your rationale for taking part in 121 Mining Investment?
Market support and to share new developments for the market
What recent news would you like to highlight to investors attending?
April 2023 – Electric Royalties Increases Convertible Credit Facility to C$5 Million on Improved Terms and Appoints Stefan Gleason as Board Observer
April 2023 – Electric Royalties Provides Update on Seven Royalties in Portfolio
March 2023 – Electric Royalties to Acquire 0.5% Gross Revenue Royalty on Kenbridge Nickel Project in Ontario, Canada
January 2023 – Electric Royalties Closes Penouta Tin-Tantalum Royalty Acquisition
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Pursue near-term cash-flowing royalty acquisitions
6 Months:
Generate additional revenue from key royalty assets going into production
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Battery chemistries continue to evolve but Electric Royalties’ portfolio is diversified such that they are no supply-side shocks due to new displacing technologies.
What do you think makes your company such a compelling investment?
Increasing electric vehicle and battery production is set to drastically increase demand growth across electric metals over the next decade
What are the top 3 key investor takeaways?
1) First royalty company to exclusively target clean energy metals (lithium, cobalt, nickel, etc.)
2) Protected against mineral exploration cost, mine capital cost & mine operating cost inflation
3) Derisked business model and diversified, revenue-generating royalty portfolio