Electric Royalties Ltd. Seeks Extension for Warrant Expiry

Electric Royalties Ltd., listed on TSXV as ELEC and OTCQB as ELECF, announced its application to extend the expiry date of 13,914,902 common share purchase warrants. The proposed extension, pending TSX Venture Exchange approval, would move the expiry from January 15, 2027, to January 15, 2028. Each warrant, originated from a December 2024 private placement, allows the holder to acquire a common share at $0.25.

CEO Brendan Yurik undersigned the announcement, maintaining the terms and conditions of the warrants except the expiry date. The extension aims to accommodate strategic financial plans aligning with the company’s vision of capitalizing on commodities for electrification, such as lithium and copper.