Battery Metals

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: "Despite the difficult equity markets in the past six months, it has been tremendously exciting to see progress continue across our portfolio, particularly at our lithium assets. Upon forecast restart in Q1 2023, Sayona Mining's North American Lithium (NAL) operation will become Canada's only producing lithium mine; NAL will seek to integrate millfeed from the Authier project on which we have a 0.5% gross metal royalty. We acquired the Authier royalty approximately two and a half years ago and the project has advanced substantially while lithium prices have climbed1. Our other lithium royalties, Seymour Lake and Cancet, continue to show promise, and we eagerly await the Seymour Lake preliminary economic assessment targeted for Q1 2023. Having one of the largest lithium royalty portfolios in the world, we're well positioned to benefit from the strong lithium market.

"In addition, we have a strong portfolio of graphite royalties. We are very encouraged to see initial metallurgical results on the Graphite Bull (formerly Yalbra) graphite project in Australia. Metallurgy is a key technical aspect for graphite projects and the recent achievement of a 99.8% concentrate grade is testament to the potential of the project. Northern Graphite, operator of our Bissett Creek royalty, is gearing up to put the project into production as their new flagship graphite mine, targeting eventual production capacities of approximately 100,000 tonnes per year.

"Drill results from the Millennium copper-cobalt project are being targeted for follow-up in 2023. Millennium has achieved excellent metallurgical results and is in a mining district, and the planned estimate of the resource would be a very exciting development. We have seen approximately 60 development updates across 11 royalty assets in this year alone, and 2023 looks to promise many more. We believe 2023 will be a pivotal year for Electric Royalties as we target closing of our first cash-flowing tin royalty and anticipate cash flow from our first lithium royalty, thereby potentially increasing our number of paying royalties to three."

Highlights since the Company's previous update on October 13, 2022:

  • Authier Lithium Project(0.5% Gross Metal Royalty) - Sayona Mining Limited (ASX:SYA) ("Sayona") announced on October 18, 2022 that it has awarded Québec company Solurail Logistique Inc. a C$43 million contract to transport spodumene (lithium) concentrate from the NAL operation in La Corne, Québec, Canada to the Port of Trois‐Rivières for delivery to customers.

On November 24, 2022, Sayona announced that, regarding the restart of the NAL operation, procurement was 98% completed and permitting 96% finalized as of the end of October. NAL remains on track for recommencement of production in Q1 2023.

Sayona plans to combine mineralized material produced from Authier with mineralized material at the nearby NAL site, with a goal to facilitate improvement in plant performance and economics. A pre-feasibility study for NAL integrates Authier, on which Electric Royalties holds a 0.5% gross metal royalty, with the NAL operation into Sayona's Abitibi Lithium Hub.

  • Seymour Lake Lithium Project (1.5% Net Smelter Royalty) -On November 7, 2022, Green Technology Metals Limited (ASX:GT1) ("Green Technology Metals") announced the completion of the transaction (first announced on October 24, 2022) to purchase the remaining 20% free-carried interest in the Ontario Lithium Projects in Canada, consisting of the Seymour Lake, Root and Wisa joint venture tenure, held by Ardiden Limited. Green Technology Metals now owns 100% of the Ontario Lithium Projects.

On November 8, 2022, Green Technology Metals announced a new discovery at Seymour Lake, the first at the project in 50 years. The new discovery, Blue Bear, is a spodumene-bearing pegmatite located approximately 500 meters south-east of the Aubry Complex, on the Pye West Limb, and sits within the same current mine permitting and baseline study boundary (see Figure 1).

Figure 1: Location map of Blue Bear pegmatite drill target area (dashed red) and drill collars (blue). Source: Green Technology Metals.

Electric Royalties Ltd., Thursday, December 1, 2022, Press release picture

Green Technology Metals plans to rapidly delineate the scale of the Blue Bear deposit with ongoing diamond drilling and channel sampling, and test further targets in the North Seymour area. This work is expected to culminate in an updated mineral resource estimate for Seymour Lake in the coming months. Green Technology Metals also continues to progress work on the Seymour Lake preliminary economic assessment, scheduled for completion in Q1 2023.

Electric Royalties is relying on the information provided by Green Technology Metals and is unable to verify the reported drill data supporting the Blue Bear discovery.

  • Cancet Lithium Project (1.0% Net Smelter Royalty) - Winsome Resources Limited (ASX:WR1) ("Winsome") announced on October 14, 2022 that a six-week drill program has commenced at the Cancet lithium project in Québec, Canada, with an estimated 3,500 meters planned across approximately 20 new pegmatite targets. The exploration team continues to prepare target holes across multiple new pegmatite outcrops which were identified during on-ground exploration earlier this year.

On October 19, 2022, Winsome announced that results from detailed ground gravity surveying provided several high-priority drill targets. The customized gravity processing demonstrated a strong correspondence to the known pegmatite intercepts and suggests the main Cancet pegmatite could extend beyond existing drilling over 700 meters to the east. Furthermore, a similar untested 1,100-meter-long feature lies approximately 200 meters to the north of the existing pegmatite intercepts. Applications for approval to drill the newly identified targets will be submitted shortly and it is expected that they will be drilled early in 2023 once the current drill program has concluded.

Electric Royalties is relying on the information provided by Winsome and is unable to verify the reported exploration data.

On November 15, 2022, Winsome announced a A$6.8 million capital raise to partially fund exploration at Cancet.

  • Millennium Copper-Cobalt Project (0.5% Gross Revenue Royalty) - Metal Bank Limited (ASX:MBK) ("Metal Bank") announced on October 14 and 31, 2022 the remaining assays from the recently completed drilling at the Millennium cobalt-copper-gold project in Queensland, Australia. The results will help inform the Millennium resource estimate by infilling gaps, extending mineralization and increasing resource confidence. Metallurgical samples will also be obtained from the core.

Metal Bank is planning further work programs for 2023 to identify additional mineralized structures in the Fountain Range/Quamby Fault Zone area of interest along with the potential for genetic links to the Millennium cobalt-copper-gold mineralization.

Electric Royalties is relying on the information provided by Metal Bank and is unable to verify the reported drill data.

  • Graphite Bull (formerly Yalbra) Graphite Project (2.5% Net Smelter Royalty) - Buxton Resources Limited (ASX:BUX) ("Buxton") announced on October 12, 2022 that recently completed metallurgical development work in Perth on diamond drill core from Graphite Bull has produced graphite concentrates grading from 99.2% to 99.8% carbon. This equals or exceeds the 99.4% carbon concentrate grade achieved by previous more complex process testwork in Canada (ASX 9/7/2015). Importantly, every stage of this new, much simplified process is well proven technology using "off the shelf" components.

Hydrological, heritage and geophysical electromagnetic surveys are expected to commence shortly. Scoping studies on possible operations and site hydrogeology have already enabled application for two new licences for road access and water search.

An infill and extensional drill program commencing as soon as geophysical and heritage surveys are concluded with the aim to upgrade confidence in, and expand, the deposit and obtain further metallurgical samples. Geotechnical, groundwater and other technical, environmental and permitting investigations will also be progressed.

Electric Royalties is relying on the information provided by Buxton and is unable to verify the reported metallurgical data.

  • Bissett Creek Graphite Project (1.0% Gross Revenue Royalty) - On November 9, 2022, Northern Graphite Corporation (TSXV:NGC) ("Northern Graphite") provided an update on the Bissett Creek graphite project in Ontario, Canada, where work continues to advance the project in preparation for fundraising to finance its development. Northern Graphite is finalizing major permits and negotiating agreements with First Nations groups as well as completing the feasibility study with an initial production target of 40,000 tonnes per year for phase 1 of operation (Northern Graphite states the ultimate production capacity is in the order of 100,000 tonnes per year). Dialogue with federal and provincial governments is continuing to obtain support to develop a mine which will be part of an Ontario mine-to-market supply strategy for the production of battery anode materials.

Northern Graphite is also advancing its strategy of upgrading mine concentrate into anode material for the lithium-ion battery and electric vehicle markets. Ongoing testing of graphite both internally and by potential partners, continues to demonstrate that they are ideally suited for battery applications in terms of milling, shaping, purification, coating and electrochemical properties.

In addition to the battery materials market, Northern Graphite has continued to expand its presence in other downstream segments through its existing customer base, focused on graphene applications and the use of graphite to provide enhanced thermal and electrical properties in a variety of high-value composite applications. Northern Graphite is investing in these new downstream markets to strengthen its position as the only graphite producer in North America, with Bissett Creek planned as a source of continued production growth in the future.

  • Chubb Lithium Project (2.0% Gross Metal Royalty) - Newfoundland Discovery Corp. (CSE:NEWD) ("Newfoundland Discovery") announced on November 16, 2022 that further to its news release on October 4, 2022, it has entered into a definitive and assignment agreement whereby it has granted LI2O Pty Ltd., an Australian company, the right to acquire a 100% interest in the Chubb property, consisting of 35 mineral claims comprising approximately 15 km2, located in Québec, Canada.

Closing shall occur no later than February 7, 2023 and shall be subject to certain conditions set out in Newfoundland Discovery's November 16 news release.

  • Bouvier Lithium Project (2.0% Gross Metal Royalty) - Newfoundland Discovery Corp. (CSE:NEWD) ("Newfoundland Discovery") announced on November 2, 2022 that it has entered into a binding letter of intent whereby it has granted Mining Equities Pty Ltd., an Australian company, the right to acquire a 100% interest in the Bouvier property, consisting of mineral claims comprising approximately 0.85 km2, located in Québec, Canada.

The closing of the transaction is subject to the satisfaction of the certain conditions set out in Newfoundland Discovery's November 2 news release.

David Gaunt, P.Geo., a qualified person who is not independent of Electric Royalties, has reviewed and approved the technical information in this release.

1https://tradingeconomics.com/commodities

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 and 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 fuel the electric revolution.

Electric Royalties has a growing revenue-generating portfolio of 21 royalties, with one royalty currently subject to closing. 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
CEO, Electric Royalties Ltd.
Phone: (604) 364‐3540
Email: 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. This news release includes information regarding other companies and projects owned by such other companies in which the Company holds a royalty interest, based on previously disclosed public information disclosed by those companies and the Company is not responsible for the accuracy of that information, and that all information provided herein is subject to this Cautionary Statement Regarding Forward-Looking Information and Other Company Information.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.



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Electric Royalties Provides Development Update on Nine Royalties in Portfolio

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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: "It's a great start to 2023 with nine royalty asset updates setting the stage for an exciting year for Electric Royalties' shareholders. With the recent acquisition of a royalty on the Penouta tin-tantalum mine, our second cash-flowing royalty, we are eager for the Authier lithium project to enter production - planned for later this year - which has the potential to become our first lithium cash-flowing royalty. In addition, our lithium portfolio continues to advance with positive metallurgy results at Seymour Lake and approval for a bulk sample in the near future, construction of a full-time camp at Cancet and a new partner to take Bouvier forward in 2023. Lithium prices remain consistently strong with Australian producers raising their spodumene prices to US$6,300 per tonne in December 20221 which bodes very well for the value of our lithium royalty portfolio.

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Electric Royalties Ltd. (TSXV:ELEC) (OTCQB:ELECF) ("Electric Royalties" or the "Company")is pleased to announce the signing of an agreement with Strategic Minerals Europe Corp. (NEO: SNTA) (OTCQB: SNTAF) ("Strategic Minerals") to acquire a newly granted 0.75% Gross Revenue Royalty (the "0.75% GRR") on the producing Penouta tin-tantalum mine in Spain (the "Project" or "Penouta") in exchange for a cash payment of C$1,000,000 and 500,000 common shares of Electric Royalties. In addition, the Company will have an option for a period of 7 months from closing to acquire an additional 0.75% GRR (the "0.75% Option GRR") on Penouta in exchange for an additional cash payment of C$1,250,000. The royalty rates will be reduced to 0.5% respectively once certain minimum royalty payments have been made.

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Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce that it has been invited to present at the Emerging Growth Conference on February 8, 2023 .

Argentina Lithium & Energy Logo (CNW Group/Argentina Lithium & Energy Corp.)

The next Emerging Growth Conference is presenting on February 8, 2023 . This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company's VP Exploration, Miles Rideout , in real time.

Mr. Rideout will perform a presentation and may subsequently open the floor for questions. Please submit your questions in advance to Questions@EmergingGrowth.com or ask your questions during the event and Mr. Rideout will do his best to get through as many of them as possible.

Argentina Lithium & Energy Corp. will be presenting at 3:10 PM Eastern time .

Please register here to ensure you are able to attend the conference and receive any updates that are released.

https://goto.webcasts.com/starthere.jsp?ei=1589451&tp_key=60f8292c14&sti=pnxlf

If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and on the Emerging Growth YouTube Channel, http://www.YouTube.com/EmergingGrowthConference . We will release a link to that after the event.

About the Emerging Growth Conference

The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services and other major announcements to the investment community from the convenience of their office, in a time efficient manner.

The Conference focus and coverage includes companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long term growth. Its audience includes potentially tens of thousands of Individual and Institutional investors, as well as Investment advisors and analysts.

All sessions will be conducted through video webcasts and will take place in the Eastern time zone.

About Argentina Lithium

Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them toward production in order to meet the growing global demand from the battery sector. The management group has a long history of success in the resource sector of Argentina and has assembled a first-rate team of experts to acquire and advance the best lithium properties in the "Lithium Triangle". The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

"Nikolaos Cacos"

____________________________
Nikolaos Cacos , President, CEO and Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements.  Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the Company's plans for its mineral properties; the Company's business strategy, plans and outlooks; the future financial or operating performance of the Company; and future exploration and operating plans are forward-looking statements.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the impact of COVID-19; risks and uncertainties related to the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/argentina-lithium-to-present-at-the-emerging-growth-conference-and-invites-individual-and-institutional-investors-as-well-as-advisors-and-analysts-to-attend-its-real-time-interactive-presentation-301741225.html

SOURCE Argentina Lithium & Energy Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2023/07/c3557.html

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Canada Silver Cobalt Releases Cobalt - Nickel Assays of 11 and 4 Percent Respectively from Concentrate of Castle Mine Waste Rock

(TheNewswire)

Canada Silver Cobalt Works Inc.

Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce that it has completed re-processing waste rock material from Castle Mine for battery minerals, in Gowganda, Ontario

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Canada Silver Cobalt Releases Cobalt - Nickel Assays of 11 and 4 Percent Respectively from Concentrate of Castle Mine Waste Rock

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Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (FSE: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce that it has completed re-processing waste rock material from Castle Mine for battery minerals, in Gowganda, Ontario.

"Re-processing the mine waste rock to limit the amount of soluble metals entering the water and into the surrounding water shed, thereby contributing to the global green incentives," commented Frank J. Basa, B.Eng., CEO, "reinforcing our ESG commitments."

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Nevada Sunrise Intersects 929.8 ppm Lithium over 1,130 feet at the Gemini Lithium Project, Nevada

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Nevada Sunrise Metals Corp. ("Nevada Sunrise", or the "Company") (TSXV: NEV) is pleased to announce that the Company has received final geochemical analyses for lithium mineralization in sediments and groundwater collected from borehole GEM22-03, drilled at its 100%-owned Gemini Lithium Project ("Gemini") located in the Lida Valley basin in Esmeralda County, Nevada . Drilling of borehole GEM22-03 began on October 18, 2022 and was completed to a depth of 1,620 feet (493.90 metres) on December 16, 2022 .

Highlights of GEM22-03
  • Borehole GEM22-03 intersected 929.80 parts per million ("ppm") lithium-in-sediment over 1,130 feet from 280 feet (85.37 metres) to 1,410 feet (344.51 metres), including 1,342.20 ppm lithium over 350 feet (106.71 metres) and 1,955 ppm lithium over 30 feet (9.15 metres) (see Table 1 below for greater detail on mineralized intervals);
  • GEM22-03 was completed at a location approximately 0.47 miles (0.76 kilometres) north of GEM22-01 and 1.14 miles (1.83 kilometres) north of GEM22-02, thereby successfully extending the lithium mineralized zone to the north.
  • Groundwater sample analyses showed anomalous concentrations of lithium in groundwater flows intersected within the hole, including two significant intervals of 120 milligrams/litre lithium ("mg/L") in a water flow of 14.22 gallons per minute ("gpm") from 1,100 to 1,120 feet (335.37 to 341.46 metres), and 110 mg/L lithium in a water flow of 16.4 gpm from 1,200 to 1,220 feet (365.85 to 371.95 metres).

Table 1.  Final Lithium-in-Sediment analytical results from borehole GEM22-03

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