Electric Royalties Ltd. Interview with CEO Brendan Yurik (ELEC) (ELECF) - RICH TV LIVE

Electric Royalties Ltd. Interview with CEO Brendan Yurik (ELEC) (ELECF) - RICH TV LIVE - #electricroyalties #interview #richtvlive #ceo #lithium #business #news #stocks #trading

Stefan Gleason (the "Acquiror"), a private investor, today announced that he is filing another early warning report in connection with his acquisition of an additional 2% in outstanding shares of Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company"), taking his stake in the Company to approximately 15.4%.

"I am thrilled to continue snatching up steeply undervalued shares of this first-mover battery metals company, especially as its royalty portfolio appears poised to spin off several million dollars in annual cash flow within the next three years," said Gleason. "Management has demonstrated it can ink accretive deals while carefully guarding shareholder interests. Well positioned for today's inflationary environment, Electric Royalties' efficient business model has a bright future."

On September 23, 2022, Acquiror purchased 304,900 Company shares via the OTCQB (at a cost of $90,739 CAD, or an average of $0.298 per share). Prior to September 23, the Acquiror held an aggregate of 13,684,333 Common Shares and 500,000 Warrant Shares, representing approximately 15.08% of the issued and outstanding Shares on an as converted and partially diluted basis. After the purchases on September 23, the Acquiror held 13,989,233 Common Shares and 500,000 Warrant shares, or 15.40% of the issued and outstanding Shares on an as converted and partially diluted basis.

Previously, on July 18, 2022, the Acquiror filed a report under the early warning reporting rules of Canadian securities laws, disclosing that he beneficially owned or had control or direction over 11,813,928 Shares and 500,000 Warrants, at the time representing approximately 13.37% of the Company's issued and outstanding Shares on an as converted and partially diluted basis. The Acquiror is filing this latest early warning report because he has now accumulated more than 2% of the Company's issued and outstanding Shares since the prior filing on July 18, 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 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 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 fuel the electric revolution.

Electric Royalties has a growing portfolio of 20 royalties, including one royalty that currently generates revenue.

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