Electric Royalties Ltd.
An Undervalued Royalty Portfolio in the EV Metal Space
Published: 7/10/2024
Author: FRC Analysts
*See important disclosures at the bottom of this reportSector: Basic Materials | Industry: Other Industrial Metals & Mining
Ticker Symbols:
ELECF - NASDAQ 🔹
ELEC.V - NEO 🔹
- In May 2024, ELEC acquired the Ontario Lithium Projects (OLP) for $1.87M cash and 2.25M shares. This portfolio includes 18 royalty agreements and 32 lithium properties, with 31 currently optioned to third parties. ELEC could receive up to $2.2M in option payments over the next 2.5 years.
- ELEC’s investments primarily target Electric Vehicle (“EV”) and clean energy metals such as lithium, graphite, cobalt, copper, and nickel.
- Its portfolio consists of royalty investments in 40 projects (previously 22), including two past-producing mines, seven advanced stage projects poised for production wi