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Electric Royalties Ltd. (TSXV:ELEC) ("Electric Royalties" or the "Company") is pleased to announce, further to its September 2, 2021 news release, that it has filed, and received a receipt for, a final short form base shelf prospectus (the "Prospectus"). The Prospectus was filed with the securities regulatory authorities in each of the Provinces of Canada, other than Quebec. The Prospectus was filed to provide the Company with financial flexibility and efficient access to Canadian capital markets to pursue its growth initiatives, which include the acquisition of additional royalties. A copy of the Prospectus is available under the Company's profile on SEDAR at www.sedar.com

The Prospectus is valid for a 25-month period during which time the Company will be permitted to offer up to $100 million of common shares, warrants, subscription receipts, debt securities, or any combination thereof, including in the form of units (collectively, the "Securities").

If any Securities are offered under the Prospectus, the terms of any such Securities and the intended use of the net proceeds resulting from such offering would be established at the time of any offering and would be described in a prospectus supplement filed with the applicable Canadian securities regulatory authorities at the time of such offering and would be made available by Electric Royalties.

This press release does not constitute an offer to sell or the solicitation of an offer to buy Securities, nor will there be any sale of the Securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under securities laws of any such jurisdiction.

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 18 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.

For further information, please contact:
Brendan Yurik Tel: (604) 364‐3540
Brendan.yurik@electricroyalties.com
www.electricroyalties.com

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.



View source version on accesswire.com:
https://www.accesswire.com/690958/Electric-Royalties-Announces-Filing-of-Final-Short-Form-Base-Shelf-Prospectus

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ELEC:CA
electric royalties ltd

Electric Royalties

Overview

The increasing popularity of electric vehicles and the green energy movement has disrupted the transportation and power industry entirely. By 2050, over 17 countries announced 100 percent zero-emission vehicle targets or goals to phase out internal combustion engines vehicles.

Seeing these unprecedented trends in growth across the electric vehicle market means the demand for key raw materials used in the lithium-ion batteries needed to power these technological innovations could experience significant parallel growth. As prices for these raw commodities grow, market researchers predict more money investment opportunities coming into the sector. Especially for royalty companies with widespread exposure across the market, the investment upside could be significantly advantageous.

Electric Royalties Ltd. (TSXV:ELEC) is a royalty company focused on building a premium portfolio that takes advantage of the demand for a wide range of commodities and critical metals like lithium, vanadium, manganese, tin, graphite, zinc, cobalt, nickel and copper. Focusing on these vital elements leverages the growing demand and global drive toward electrification across virtually all sectors, including transportation, rechargeable batteries, large-scale energy storage, renewable energy generation and more.

As a royalty company, Electric Royalties does not operate mines nor needs large and highly specialized teams to carry on their operations. Likewise, having a robust commodity portfolio helps to diversify investment and mitigate risk for investors and shareholders while leveraging exploration upside, revenue-driven business modelling and more. It currently has a growing portfolio of 17 royalties on assets located primarily in North America and Australia..

The company operates a two-tier approach to royalty acquisition. It has a strategic global focus for projects in politically stable jurisdictions with an emphasis on districts with strong legal and mining frameworks. Additionally, Electric Royalties focuses on lifelong assets with outstanding exploration potential, which leverage near-term production potential, advanced staging, multiple commodity cycles, resource upgrades and producing opportunities.

Unlike other royalty companies, Electric Royalties has an exceptionally robust nine commodity portfolio and a top management team that understands the ins and outs of how the royalty game works. “We’re creating a new royalty where we make sure it’s gross revenue, covers the whole deposit and it’s drafted by us. At this point in time, we do this for a living. Ultimately, you’re going in, and you’re creating and adding some value to a group,” commented Electric Royalties CEO and director Brendan Yurik.

In July 2021, the company announced that it closed a private placement consisting of five million units of the company issued for gross proceeds of CAD$2 million. Each unit consists of one common share of Electric Royalties plus one common share purchase warrant. Completion of the private placement is subject to regulatory approval but advances the company’s plans for additional strategic royalty acquisition.

Electric Royalties Ltd.’s management team is an experienced group of executives and advisors with proven track records of success across multiple related industries like mining, finance and more. Together, their years of expertise primes the company for significant growth in line with the exponential growth forecasted in the demand for sustainable electrification globally.

Company Highlights

  • Electric Royalties is a royalty company established to take advantage of the demand for a wide range of metal commodities, which benefit from the drive toward electrification of a variety of consumer products and industries like transportation, battery development and energy.
  • The company is generating revenue from a growing portfolio of 17 royalties focusing predominantly on acquiring royalties on advanced stage and operating projects to build a diversified portfolio in politically stable jurisdictions.
  • Market research expects electric vehicle sales, battery production and renewable energy generation to increase significantly over the next several years. Demand for valuable commodities necessary for the production of electric vehicles is slated to grow with these trends.
  • Electric Royalties leverages a unique opportunity to invest in and acquire royalties over highly prospective mines and projects that host widespread mineralization of commodities like zinc, lithium, copper, nickel, tin, manganese, vanadium, graphite and cobalt.
  • The company’s management team brings together an experienced team with decades of expertise in finance, mining, business development and more.
  • Electric Royalties closes two previously announced royalty purchase and sale agreements to acquire, in the aggregate, a 1 percent Net Smelter Royalty (the “1 percent NSR”) on licenses comprising core strategic tenure at the Cancet Lithium Project situated in Quebec, Canada.
  • Electric Royalties also closes the Rana Nickel Royalty acquisition agreement to acquire a 1 percent net smelter revenue royalty on the Rana nickel project.

Key Royalties


Middle Tennessee Zinc Mine Royalty

This producing zinc asset hosts levels of annual production hovering 50,000 tons of zinc concentrate across a 15 year mine year.

Middle Tennessee zinc mines have produced over 2.7 billion pounds of zinc for over 50 years. The strategically positioned zinc mine leverages close proximity and association with Trafigura’s Clarksville smelter, the only primary zinc producer in the US.

Authier Lithium Royalty

The Authier Lithium is a 0.5 percent gross revenue royalty and the project sits in close proximity to the only producing lithium mine in Canada about 45 kilometers northwest of Val d’Or and is operated by Sayona Lithium. It stands as a simple, near-surface deposit with resources defined in one spodumene-bearing pegmatite based on 31,000 metres of diamond drilling. Authier also leverages excellent infrastructure, including existing mining support services, environmentally-friendly low-cost hydroelectric power, gas and road networks.

Sayona Mining Limited completed a revised definitive feasibility study in November 2019 under JORC. Sayona also has a large strategic investment by Piedmont Lithium, who is the only lithium company to have an offtake agreement with Tesla. Sayona Mining has recently completed the acquisition of the Canada Lithium Mine in partnership with Piedmont Lithium and plans to ramp up production at the mine using ore from the Authier project with planned production preliminarily set for 2023.

Graphmada Graphite Royalty

The near-production Graphmada Large Flake Graphite Mining Complex is located in Eastern Madagascar and was in continuous production for 30 months prior to being placed in care and maintenance due to Covid related restrictions put in place at the start of 2020. The operator Bass Metals has been using the down time to look at an expanded production case set to be released in the near future andrecently increased its mineral resource by 41% to 20.2 million tonnes (Mt) of >90% large flake graphite. All mining and processing infrastructure, including roads, bridges, power, camp, tailings dams are in place, along with 40-year mining permits and 20-year landholder agreements. The complex sits adjacent to the main national highway and is110km to the country’s only deep-water port at Toamasina. The royalty is a 2.5 percent gross revenue royalty.

Bissett Creek Graphite Royalty

The Bissett Creek property sits between Ottawa and North Bay in Ontario, Canada. The feasibility stage asset has a potential annual production level of 33,200 tons with a mine life of approximately 21 years at a US$1,800 revenue per ton ratio.

Bissett Creek hosts open pit mining potential and has already seen significant bulk sampling, pilot plant testing and recoveries of over 92.4 percent graphite. The next steps include further exploration and production expansion of some of the highest large flake yields reported from any graphite project globally.

Mont Sorcier Vanadium Royalty

The Mont Sorcier property hosts a large-high-quality Iron resource with significant and extractable Vanadium in a top-tier mining jurisdiction. The one percent gross revenue royalty has an estimated 4.8 million ton iron annual production potential at 65 percent iron and 0.6 percent vanadium. The potential IRR is 33.8 percent.

Exceptionally low titanium content makes the deposit unique to other iron-titanium-vanadium deposits around the world. Low titanium in the deposit allows the iron ore and vanadium processing directly through a blast furnace for potential lower-cost operations and open-pit mining with a life of mine strip ratio of 0.89.

Glencore has entered into a long-term arrangement to support the development of the Mont Sorcier project and is assisting with raising capital to finalize feasibility studies.

Battery Hill Manganese Royalty

Battery Hill is a historic resource that spans 1,228 hectares and leverages fast-tracked feasibility study stage potential. Kemetco currently has operations to develop and commercialize a flow sheet to produce a battery-grade manganese product for the growing electric vehicle and energy storage industries. The property leverages great highway access and transmission lines. Electric Royalties has early-mover potential with Battery Hill as there are no producing manganese mines in North America.

Battery Hill project mineral resource estimate consists of 34.86 million tonnes of Measured and Indicated mineral resources grading 6.42% Mn, plus an additional 25.91 million tonnes of Inferred mineral resources grading 6.66% Mn utilizing a 2.5% Mn cut-off grade. In partnership with Kemetco, they have done extensive metallurgical testing achieving a product with 99.95 percent purity, also with very low contaminants, was considered a transformational achievement as this demonstrated that Manganese X Energy’s Battery Hill manganese could be compliant and suitable for battery manufacturing use in EVs, energy storage and other high-tech applications. A PEA is currently underway.

Seymour Lake Lithium Royalty

Seymour Lake is a 1.5 percent net smelter royalty that covers 16,654 hectares of lithium mineralization hosted in spodumene-bearing pegmatite sills with a thickness of more than 26 meters. Electric Royalties has exercised an AUD$8.7 million option and established a joint venture to progress Seymour Lake and other strategically located lithium projects. The property also has excellent road access near the main CN rail line.

The main pegmatite at the North Aubry prospect is 250 meters wide and 300 meters long and remains open along strike and at depth. Strategic positioning near pegmatites helps to potentially reduce transport costs and leverage easier access to high-quality mineralization in future mining endeavors. Its over 6.58 million ton measured and indicated lithium resource and potential 24,000tpa annual production level are exciting attributes of this royalty for the company to take advantage of.

Millennium Cobalt Royalty

The Australian-based cobalt-copper depository stands open for expansion and sits in the well-established mining district of Mount Isa, Qld. Electric Royalties recently signed an option for Metal Bank Ltd. to earn in and Joint Venture the project.

The royalty leverages a historic resource of inferred 3.1 million tonnes of mineralization at 0.14 percent cobalt, 0.35 percent copper and 0.12 gold grades. A 2018 drill program confirmed connective high-grade cobalt zones and wide cobalt zones with assay results indicating metal grades exceeding prior expectations. Preliminary metallurgical studies have also demonstrated the potential to recover an excess of 91 percent of the cobalt and copper.

Bouvier & Chubb Lithium Royalties

These highly prospective projects sit within the Preissac-Lacorne plutonic complex of the prolific Abitibi Greenstone Belt, the complex forming excellent surrounding mining opportunities for lithium mineralization. The plutonic complex also generated the Quebec Lithium project located 60 kilometers north of Val dOr, Quebec. The royalties stand at two percent gross revenue.

Yalbra Graaphite Royalty

The Yalbra Graphite Project is located 250km North West of Meekatharra and 280km East of Carnavon, Western Australia, and covers an area of 22km². The property has been systematically explored for graphite mineralisation, undertaking mapping, a heli-VTEM survey, several rounds of drilling, petrology, two resource estimates and metallurgy test work. The drilling program resulted in some of the highest grade x thickness graphite drill intercepts reported in Australia.

Glassville Manganese Royalty

The Glassville project comprises 15 claims close to the Battery Hill project. The pre-production asset has a historical resource of over 453,000 manganese mineralization at 11 percent manganese and 8.45 percent iron grades to a depth of 80 meters.

Mount Dorothy Cobalt & Cobalt Ridge Royalties

The 0.5 percent gross revenue royalties include exploration projects located near the Millenium cobalt project, which hosts highly prospective high-quality cobalt, copper and gold mineralization. The royalties operate early-mover advantages and excellent exploration potential as much of the area remains under-explored and limitedly tested.

Management & Board of Directors

Brendan Yurik – CEO & Director

Brendan Yurik is the founder and CEO of Evenor Investments Ltd, a financial advisory group to junior mining companies for alternative financing, debt, equity and M&A with experience on over CAD$2 billion in mining financing transactions throughout his career. He has prior global experience as a research analyst as well as in business development and mining financial advisory roles with Endeavour Financial, Cambrian Mining Finance Ltd, Northern Vertex Mining Corp. and King & Bay West Management Corp.

Luqman Khan – CPA, CGA, CFO

Luqman Khan is the CFO of RE Royalties Ltd, a renewable energy royalty company, involved in the acquisition of 86 royalties to date. He has been a financial reporting executive with over 20 years of professional experience in accountancy and business management. Additionally, Khan has served as CFO for several publicly listed TSX-V resource companies and previously with Ernst and Young in their assurance practice.

David Gaunt P.GEO – Chief Geo-Scientist

David is an economic geologist specializing in project assessment and resource estimation. His experience spans projects worldwide and includes roles with senior mining companies and junior exploration companies. He is a co-recipient of the PDAC’s Thayer Lindsley International Discovery Award.

Marchand Snyman CA – Chairman

Co-founder and Chairman of RE Royalties Ltd, a renewable energy royalty company, involved in the acquisition of 84 royalties to date. Over 25 years senior executive experience in corporate finance and mining with a global merger, financing, acquisition and divestiture track record of more than 50 transactions.

Craig Lindsay MBA, CFA – Director

Founder and CEO of Otis Gold Corp (TSXV: OOO) and a current director of VR Resources Ltd. (TSXV: VRR), Alianza Minerals Ltd. (TSXV: ANZ) and Philippine Metals Inc. (TSXV: PHI). Prior to Otis, was Founder and CEO of Magnum Uranium Corp and led its sale to Energy Fuels Inc. (TSX: EFR). In excess of 25 years of experience in corporate finance, venture capital and public company management.

Robert Schafer P.GEO – Director

Co-founding director of International Royalty Corp (sold for $800m to Royal Gold). More than 30 years of experience working internationally in business development roles with major and junior mining companies including formerly representing as Chairman of PDAC. Serves as a director of a number of public resource companies.

Private Investor in Electric Royalties to File Early Warning Report

Private Investor in Electric Royalties to File Early Warning Report

Stefan Gleason (the "Acquiror"), a private investor, today announced that he is filing an early warning report in connection with his acquisition of shares of Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company

On June 30, Acquiror purchased 1,138,750 Company shares via the OTCQB (at a cost of $223,717.71 CAD, or an average of $0.196 per share), taking his interest above the 10% reporting threshold. Prior to June 30, the Acquiror held an aggregate of 8,709,979 Shares and 500,000 Warrant Shares. The aggregate Shares and Warrants over which the Acquiror had beneficial ownership, control or direction represented approximately 9.99% of the issued and outstanding Shares on an as converted and partially diluted basis.

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Electric Royalties to Sell Two Thirds of Its 1.5% Net Smelter Royalty on the Seymour Lake Lithium Deposit for C$4,000,000 Cash

Electric Royalties to Sell Two Thirds of Its 1.5% Net Smelter Royalty on the Seymour Lake Lithium Deposit for C$4,000,000 Cash

Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to announce the signing of an agreement on June 27, 2022 to sell 1% of its existing 1.5% Net Smelter Royalty ("NSR") on the Seymour Lake Lithium Deposit in Ontario, Canada, to Lithium Royalty Corp. ("LRC"). For more information on the Seymour Lake Lithium Deposit, see Electric Royalties' news release on February 17, 2021

Brendan Yurik, CEO of Electric Royalties,commented: "The sale of part of our Seymour Lake royalty will unlock some of the value in our portfolio. The Company acquired the 1.5% NSR in 2021 for 3,000,000shares, prior to the substantial increase of the lithium price this past year1. This partial sale along with the cash from our recent financing will enable us to deploy capital into additional nearer-term production opportunities with a view to increasing cash flow. We believe our current valuation does not reflect the value of our royalty portfolio of 19 royalties acquired to date, with potential for promising cash flow over the next few years."

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Electric Royalties Provides Update On Royalty Portfolio

Electric Royalties Provides Update On Royalty Portfolio

Electric Royalties Ltd. (TSXV:ELEC) (OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to provide an asset update on its current royalty portfolio

Brendan Yurik, CEO of Electric Royalties,commented: "A tremendous first half of 2022 has seen 24 exciting developments across 11 assets within our royalty portfolio. Drilling is underway at the high-grade copper-cobalt Millennium project in Australia with assays expected later this year. Drill results have been received on the promising Seymour Lake lithium project in Ontario and the operator has announced that a resource estimate is imminent. Metallurgical development milestones are being advanced at our Battery Hill manganese royalty as Manganese X Energy Corp. kicks off a pilot plant program after years of rigorous test work in partnership with Kemetco. Initial processing test results at the Cancet lithium project are promising, showcasing a fairly simple process and indicating potential to produce a 6% lithium spodumene concentrate suitable for the battery market. And lastly, Sayona Mining has been very busy as operator of our Authier lithium royalty, having raised over $150 million this past month alone and announcing a pre-feasibility study incorporating the Authier lithium project into a combined production scenario with the nearby North American Lithium mine, located 60 km north of Val-d'Or, Quebec.

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Electric Royalties To Acquire 0.5% Gross Revenue Royalty on Zonia Copper Project in Arizona

Electric Royalties To Acquire 0.5% Gross Revenue Royalty on Zonia Copper Project in Arizona

Electric Royalties Ltd. (TSXV:ELEC) (OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to announce the signing of a binding letter agreement with World Copper Ltd. (TSX.V: WCU) (OTCQB: WCUFF) (FRA: 7LY0) ("World Copper") to acquire a 0.5% gross revenue royalty ("GRR") on the wholly owned Zonia Copper Oxide Project in Arizona, US (the "Zonia Project" or "Zonia") in exchange for C$1,550,000 cash and 2,000,000 common shares of the Company (the "Transaction"). The Company will also have the right, for a period of 15 months after closing of the Transaction, to acquire a further 0.5% GRR on the Zonia Project for C$3,000,000 cash consideration. In addition, the Company will have an option, to acquire a 1% GRR on the Zonia Norte deposit, adjacent to the Zonia Project, for C$3,000,000 cash, at any time during a period of 24 months from the date that World Copper publishes an initial technical report in respect of the Zonia Norte deposit which is prepared in accordance with National Instrument 43-101 and which contains an estimate of Inferred Mineral Resources

The 2,000,000 common shares will be subject to voluntary escrow which provides that the common shares will be subject to a hold period of 6 months. The Transaction noted herein is subject to completion of due diligence, approval of the TSX Venture Exchange and other customary conditions.

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Electric Royalties: Royalty Financing the Electric Revolution, CEO Clip Video

Electric Royalties: Royalty Financing the Electric Revolution, CEO Clip Video

Electric Royalties Ltd. (TSXV: ELEC) (OTCQB: ELECF is set to take advantage of the growing demand for EV commodities. BTV chats with CEO & Director, Brendan Yurik to learn more.

Electric Royalties Ltd.(TSXV: ELEC) (OTCQB: ELECF)

https://www.electricroyalties.com/

About CEO Clips:

CEO Clips is the largest library of publicly traded company CEO videos in Canada and the US. These 60 second video profiles broadcast on national TV and online via 12 financial sites including: Thomson Reuters, Bloomberg, Yahoo! Finance and Stockhouse.com.

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Contact: Trina Schlingmann (604) 664-7401 x 5 trina@b-tv.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/126339

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Black Earth

Further High Grade Results Add Significant Potential To Razafy Northwest (NW)

BlackEarth Minerals NL (ASX: BEM) (the Company or BlackEarth) is pleased to announce it has received further outstanding assay results from its Razafy Northwest (NW) diamond drilling at its 100% owned Maniry Graphite Project in Southern Madagascar.

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5 Top Weekly TSXV Performers: Airborne Survey Boosts Northern Graphite Shares

Broad markets continued to struggle during the last week of the month and second quarter, with many fearing that economic data from the first half of the year will signal a recession.

An hour after the morning bell last Thursday (June 30), the S&P/TSX Venture Composite Index (INDEXTSI:JX) fell to a two year low of 614.34, a 106 point decrease from the beginning of June. Over the border, concerns about the US Federal Reserve’s response to rising inflation weighed heavily on American markets.

During a European Central Bank conference last Wednesday (June 29), Fed Chair Jerome Powell told reporters that the clock is running out on a low-inflation regime. He acknowledged that inflation has “been running for a year,” and said US policy makers will not allow inflation to take hold long term.

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Battery Mineral Resources Announces Intercept of 48 Meters of 1.31% Cu From the Cinabrio Norte Target at Its Punitaqui Copper Mine in Chile

Battery Mineral Resources Announces Intercept of 48 Meters of 1.31% Cu From the Cinabrio Norte Target at Its Punitaqui Copper Mine in Chile

Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) ("Battery" or "BMR" or the "Company") is pleased to announce encouraging drill core assay results from the recently completed Phase 1 2021-2022 exploration and infill diamond drill program focused on extensions of the Cinabrio orebody, the Dalmacia target and the San Andres target within the Punitaqui mine complex ("Punitaqui") in Chile. The Punitaqui mine is slated for resumption of mine operations in the second half of 2022.

The Cinabrio Norte target represents a potential northern extension of the main Cinabrio mine orebody, which was historically the primary source of ore feed to the Punitaqui copper ore concentration plant for eight-plus years. These drill results continue to highlight the presence of strong copper mineralization and the significant vertical extent of the Cinabrio Norte target (see Figure 1).

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Mason Graphite Files Management Information Circular for Special Shareholders' Meeting

  • Special Meeting called to consider and vote on the Proposed JV Transaction with Nouveau Monde Graphite
  • Shareholders also to consider and vote on a proposed change of business of Mason Graphite from a "Tier 2 mining issuer" to a "Tier 2 investment issuer"
  • Board recommends that shareholders vote FOR the Proposed JV Transaction with Nouveau Monde Graphite and the Proposed Change of Business

Mason Graphite Inc. (" Mason Graphite " or the " Company ") (TSX-V: LLG) (OTCQX: MGPHF) today announced that it has filed and is in the process of mailing the management information circular (the " Circular ") and related materials for the special meeting (the " Special Meeting ") of shareholders of Mason Graphite (" Shareholders ") called for the following purposes:

(i) to consider and, if deemed advisable, to pass an ordinary resolution (the " JV Resolution ") approving, among other things, the entering into of an option and joint venture agreement with Nouveau Monde Graphite Inc. (" Nouveau Monde ") (NYSE: NMG) (TSX-V: NOU), pursuant to which (A) Mason Graphite will grant to Nouveau Monde a sole, exclusive, irrevocable and non-assignable option to acquire a fifty-one percent (51%) undivided co-ownership interest in the Lac Guéret property owned by the Company (the " Lac Guéret Property ") and other related assets (the " Option ") and, (B) upon the exercise of such Option by Nouveau Monde, form of a joint venture with Nouveau Monde to undertake exploration, development and mining activities at the Lac Guéret Property (the " Joint Venture ") (the granting of the Option and the formation of the Joint Venture being hereinafter referred to as the " Proposed JV Transaction ") pursuant to Policy 5.3 – Acquisitions and Dispositions of Non-Cash Assets of the TSX Venture Exchange (the " TSX-V ");

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South Star Battery Metals Announces Closing of Non-Brokered Private Placement

South Star Battery Metals Announces Closing of Non-Brokered Private Placement

South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV: STS) (OTCQB: STSBF), is pleased to announce that it has completed a non-brokered private placement of units (the "Private Placement" or the "Offering") for total proceeds of C$1,906,990. The majority of participation in the Private Placement was with key institutional investors and insiders. Net proceeds from the Private Placement will be used for advanced materials sample preparation, commercial agreements, project finance and general working capital requirements for the Company.

The Private Placement consists of 3,467,254 units priced at post-consolidation price of C$0.55 per unit (the "Units"). Each Unit consists of one (1) common share and one (1) common share purchase warrant (the "Warrants"). Each Warrant entitles the holder to purchase one additional common share of the Company at an exercise price of C$1.25 per common share for a period of five years from the date of issue. The securities are subject to a four-month hold period from the date of closing and approval by the TSXV, expiring October 24, 2022.The Company issued an aggregate of 1,636 finders' warrants in connection with the Private Placement (equal to 6% of the number of Units sold to subscribers introduced to the Company by the finders) and $54,300 in cash finders' fees were paid to certain finders (equal to 6% of the gross proceeds of the offering sold to subscribers introduced to the Company by the finders).

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Battery Mineral Resources Announces Annual General and Special Meeting of Shareholders

Battery Mineral Resources Announces Annual General and Special Meeting of Shareholders

Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) ("Battery" or "BMR" or the "Company") is pleased to announce that its Annual General and Special Meeting ("AGM") will be held virtually on June 28th, 2022, at 4:00 p.m. EDT 1:00 p.m. PST.

Shareholders of record as of May 24th, 2022, are entitled to vote their common shares of the Company ("Common Shares") at the AGM. The Company encourages its shareholders to vote in advance of the AGM using the Voting Instruction Form or the Form of Proxy that were mailed to them with the meeting materials. Shareholders are reminded that proxies must be received by 4:00 p.m. EDT / 1:00 p.m. PST on June 24th, 2022. Copies of the meeting materials are available under Battery's SEDAR profile at www.sedar.com.

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