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ELECTRIC ROYALTIES CLOSES CANCET LITHIUM ROYALTY ACQUISITION

Electric Royalties Ltd. (TSXV: ELEC) (“Electric Royalties” or the “Company”) is pleased to announce the closing of two previously announced (see Electric Royalties September 8, 2021 release) royalty purchase and sale agreements to acquire, in the aggregate, a 1% Net Smelter Royalty (the “1% NSR”) on licenses comprising core strategic tenure at the Cancet Lithium Project situated in Quebec, Canada (the “Cancet Project” or “Cancet”).

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