Brendan Yurik, CEO of Electric Royalties (TSX.V: ELEC) (OTCQB: ELECF) joins me for a reintroduction to the Company’s position as a diversified royalty company with a growing portfolio of 41 royalties in lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper across the world. The Company also has 30+ other mineral projects to option off to other companies, and it is looking to next year to be cash-flow positive from a combination of royalty payments and option anniversary payments.
We start by having Brendan review the corporate strategy of focusing 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 buildout of infrastructure and technology needed for the clean energy transition.
Next we review the recent acquisition, dated November 22, 2024, of the 0.75% Gross Revenue Royalty (GRR) on the mining claims, mining leases and mineral tenures comprising the producing Punitaqui copper mine in Chile operated by subsidiaries of Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF). This marks their first cash-flowing copper royalty in their portfolio of 9 metals.
We also look ahead to next year with Brendan sharing which other royalties in the portfolio could be either moving back into production or moving towards initial production. We also touch up on the royalty partner projects that have seen significant resource growth or development, as well as those demonstrating exploration upside from recent newsflow and updates from their respective operators.
If you have any follow up questions for Brendan regarding Electric Royalties, then please email them into me at Shad@kereport.com and we’ll get those answered by management or addressed in future interviews.
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