REBEL CAPITAL INC. AND ELECTRIC ROYALTIES LTD. ANNOUNCE CLOSING OF QUALIFYING TRANSACTION
Electric Royalties Ltd. (formerly Rebel Capital Inc.) (TSXV: RBL.P) (the "Company") is pleased to announce that pursuant to the business combination agreement dated January 28, 2020, as amended, between the Company, 1238383 B.C. Ltd. (“Rebel Subco”) and Electric Royalties Ltd. (“ERL”), the Company has completed its previously announced qualifying transaction with ERL (the “Qualifying Transaction”), as described in the Company’s press releases dated November 27, 2019, January 30, 2020, April 22, 2020, June 15, 2020 and June 17, 2020.