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The latest announcement is out from Electric Royalties ( (TSE:ELEC) ).
Electric Royalties announced the successful closing of a C$2.5 million equity financing, part of which will be used for a new copper-gold royalty in Chile. The company has achieved significant milestones, including financing for projects like Battery Hill and Seymour Lake, and is advancing several key assets. Developments include progress in metallurgy at Mont Sorcier, promising exploration results at the Punitaqui copper-gold mine, and resource updates at the Graphite Bull Project. These updates reflect the company’s strategic growth and positioning within the clean energy metals industry.
More about Electric Royalties
Electric Royalties Ltd. operates in the clean energy metals sector, focusing on acquiring royalties in battery metals such as lithium and manganese. The company aims to provide broad exposure to multiple clean energy metals, with a portfolio that includes 41 royalties and 29 optioned properties.
YTD Price Performance: -6.67%
Average Trading Volume: 39,418
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.84M
See more insights into ELEC stock on TipRanks’ Stock Analysis page.
