Electric Royalties Ltd (ELEC)

[nowwhat2]

A basket of royalties.....
Arrangements with PRODUCERS
Diversification.
Probably future and current
Piedmont, Sayona and Sprott, etc. for eg. 2 Madagascar graphites
Sounds like a good idea
I dunno

Pidmont / Sayona = Jan 11th upspike





Piedmont / Sayona Jan 11th.....Electric one week later . . . . hmmmmm


Triggered recent selloff ?


Electric Royalties Signs LOI to Acquire 2 Graphite Royalties From Vox Royalty
One in Madagascar, the other in western Australia
http://ih.advfn.com/stock-market/TSXV/ELEC/stock-news/85141937/electric-royalties-signs-loi-to-acquire-2-graphite

VANCOUVER, BC, May 18, 2021 /CNW/ - Electric Royalties Ltd. (TSXV: ELEC) ("Electric Royalties" or the "Company") is pleased to announce that it has entered into a non-binding letter of intent with Vox Royalty Corp. (TSXV: VOX) ("Vox") to acquire a portfolio of two graphite royalties from Vox. The portfolio consists of a 2.5% gross concentrate sales royalty on graphite production at the Graphmada Graphite Mining Complex ("Graphmada"), located in Madagascar and operated by ASX-listed Bass Metals Ltd ("Bass Metals"), and a 0.75% Gross Revenue Royalty on the Yalbra Graphite Project ("Yalbra"), located in Western Australia with an established high-grade graphite resource. Total consideration for the acquisition is C$2,850,000 in shares of Electric Royalties and a C$50,000 cash non-refundable exclusivity payment.