VANCOUVER, BC, Oct. 5, 2021 /CNW/ - Electric Royalties Ltd.
(TSXV: ELEC) (OTCQB: ELECF) ("Electric Royalties" or the "Company")
is pleased to announce that it will also be presenting at the Mines
and Money "5@5" on Thursday, October 7,
2021. Mines and Money "5@5" connects the global mining
investment community with virtual networking events held every
Thursday.
The Mines and Money 5@5 Event on October 7 at 9 am
PST will include the CEOs of three royalty companies,
including:
- Alex Tsukernik, CEO,
Nova Royalty
- David Cole, CEO, EMX Royalty
Corp
- Brendan Yurik, CEO, Electric
Royalties
Host: Andrew Thake, Head of
Content, Mines and Money
Brendan Yurik, CEO of Electric
Royalties, highlights, "Our investment proposition is exactly
what the market is looking for: a way for investors to get exposure
to the global transition to clean energy via the metals that will
be the building blocks of that future. With a diversified portfolio
and utilizing the royalty business model Electric Royalties is able
to provide an investment vehicle which provides significant upside
to the clean energy transition over the next several years while
doing so with a reduced risk profile. We're excited to start
ramping up our marketing to get the story out there."
The Company is also pleased to announce that it has retained Oak
Hill Financial Inc. ("Oak Hill") to provide investor relations
services to the Company for a period of 3 months. In
consideration of the services to be provided, the Company will pay
a monthly fee of C$10,000 and issue
Oak Hill 150,000 options in
Electric Royalties with an exercise price of $0.40 per share having a term of eighteen
months.
Oak Hill Financial – Investor Relations
Oak Hill is a Toronto-based firm which develops strategic
platforms for its clients that are utilized to gain exposure to,
and recognition in, the capital markets. Oak Hill provides capital markets and investor
relations services. Its team has marketed corporate issuers ranging
in market cap from $10M to
$2B in a variety of different sectors
to the Canadian retail brokerage channel and institutional
networks. Oak Hill's team has
extensive experience across equity capital markets, equity
research, institutional equity sales and traditional investor
relations - resulting in tailored and highly collaborative
solutions. Oak Hill is located at
161 Bay Street, Suite 2460, Toronto,
Ontario.
Oak Hill will work closely with
Electric Royalties to develop and deploy a comprehensive capital
markets strategy and campaign. Activities will include providing an
investor relations program catering to retail investors, marketing
services and an ongoing client services program.
On Behalf of the Board of Directors,
Brendan Yurik
CEO
About Electric Royalties Ltd.
Electric Royalties is a royalty company established to take
advantage of the demand for a wide range of commodities (lithium,
vanadium, manganese, tin, graphite, cobalt, nickel, zinc &
copper) that will benefit from the drive toward electrification of
a variety of consumer products: cars, rechargeable batteries, large
scale energy storage, renewable energy generation and other
applications.
Electric vehicle sales, battery production capacity and
renewable energy generation are slated to increase significantly
over the next several years and with it, the demand for these
targeted commodities. This creates a unique opportunity to invest
in and acquire royalties over the mines and projects that will
supply the materials needed to feed the electric revolution.
Electric Royalties has a growing portfolio of 17 royalties,
including one royalty that currently generates revenue. The
Company is focused predominantly on acquiring royalties on advanced
stage and operating projects to build a diversified portfolio
located in jurisdictions with low geopolitical risk, which offers
investors exposure to the clean energy transition via the
underlying commodities required to rebuild the global
infrastructure over the next several decades towards a decarbonized
global economy.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange), nor any other regulatory body or securities
exchange platform, accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Statements Regarding Forward-Looking
Information and Other Company Information
This news
release includes forward-looking information and forward-looking
statements (collectively, "forward-looking information") with
respect to the Company within the meaning of Canadian securities
laws. Forward looking information is typically identified by words
such as: believe, expect, anticipate, intend, estimate, postulate
and similar expressions, or are those, which, by their nature,
refer to future events. This information represents predictions and
actual events or results may differ materially. Forward-looking
information may relate to the Company's future outlook and
anticipated events and may include statements regarding the
financial results, future financial position, expected growth of
cash flows, business strategy, budgets, projected costs, projected
capital expenditures, taxes, plans, objectives, industry trends and
growth opportunities of the Company and the projects in which it
holds royalty interests.
While management considers these assumptions to be
reasonable, based on information available, they may prove to be
incorrect. Forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company or these
projects to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements. These risks, uncertainties and other
factors include, but are not limited to risks associated with
general economic conditions; adverse industry events; marketing
costs; loss of markets; future legislative and regulatory
developments involving the renewable energy industry; inability to
access sufficient capital from internal and external sources,
and/or inability to access sufficient capital on favourable terms;
the mining industry generally, the Covid-19 pandemic, recent market
volatility, income tax and regulatory matters; the ability of the
Company or the owners of these projects to implement their business
strategies including expansion plans; competition; currency and
interest rate fluctuations, and the other risks.
The reader is referred to the Company's most recent filings
on SEDAR as well as other information filed with the OTC Markets
for a more complete discussion of all applicable risk factors and
their potential effects, copies of which may be accessed through
the Company's profile page at www.sedar.com and at
otcmarkets.com.
SOURCE Electric Royalties Ltd