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Electric Royalties Gears Up for Expansion
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Electric Royalties Gears Up for Expansion

Electric Royalties Ltd. (TSE:ELEC) has released an update.

Electric Royalties Ltd. reports progress on key projects, including advancements at the Seymour Lake Lithium and Mont Sorcier Iron and Vanadium Projects, with feasibility studies due by the end of 2024. The company is expanding its portfolio with the acquisition of 22 new royalty agreements and is boosting its financial position through a C$10 million credit facility, approved by shareholders, to support ongoing and future transactions.

For further insights into TSE:ELEC stock, check out TipRanks’ Stock Analysis page.

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