ELECTRIC ROYALTIES ANNOUNCES PRIVATE PLACEMENT OF UP TO $10 MILLION
Electric Royalties Ltd. (TSXV: ELEC) (“Electric Royalties” or the “Company”) announces that it plans to complete a private placement of up to 25,000,000 units ("Units") of the Company at a price of $0.40 per Unit (the "Issue Price") for proceeds of up to $10 million (the "Offering").