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ELECTRIC ROYALTIES ANNOUNCES FILING OF INDEPENDENT PRELIMINARY ECONOMIC ASSESSMENT FOR BATTERY HILL

Electric Royalties Ltd. (TSXV: ELEC) (“Electric Royalties” or the “Company”) is pleased to announce that Manganese X Energy Corp. (TSXV: MN) has filed a Preliminary Economic Assessment (“PEA”) of the Battery Hill manganese project (“Battery Hill”) in New Brunswick, Canada, on SEDAR. Electric Royalties holds a 2% gross revenue royalty on Battery Hill, which is projected to have a 47-year operating mine life.


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