ELEC TO SELL TWO THIRDS OF ITS 1.5% NET SMELTER ROYALTY ON THE SEYMOUR LAKE LITHIUM DEPOSIT
Electric Royalties Ltd. (TSXV: ELEC) (“Electric Royalties” or the “Company”) is pleased to announce the signing of an agreement on June 27, 2022 to sell 1% of its existing 1.5% Net Smelter Royalty (“NSR”) on the Seymour Lake Lithium Deposit in Ontario, Canada, to Lithium Royalty Corp. (“LRC”). For more information on the Seymour Lake Lithium Deposit, see Electric Royalties’ news release on February 17, 2021.