Battery Metals

Electric Royalties Ltd. (TSXV: ELEC) ("Electric Royalties" or the "Company") is pleased to announce that it has closed a private placement (the "Private Placement") announced previously on May 5, 2020 and updated on May 26, 2021 consisting of 5,000,000 units of the Company issued for gross proceeds of CAD $2,000,000 .

Electric Royalties Ltd. Logo (CNW Group/Electric Royalties Ltd.)

Each unit is comprised of one common share (a "Share") of the Company plus one common share purchase warrant (a "Warrant"). Each Warrant can be exercised for a 2 year period from the Closing Date at $0.60 per Warrant for one Share.  In connection with the private placement, Electric Royalties paid cash fees of $67,200 . In addition, Electric Royalties issued brokers' warrants entitling the holders to acquire up to an aggregate of 93,000 Shares of Electric Royalties at a price of $0.60 per Share for a period of 12 months from closing.

The securities issued pursuant the Private Placement will be subject to applicable resale restrictions, including a four month hold period from date of closing of the Private Placement under applicable Canadian securities laws. Completion of the private placement is subject to regulatory approval, including approval of the TSX Venture Exchange.

Brendan Yurik , CEO of Electric Royalties , stated: "We appreciate the participation of existing shareholders in this financing and are excited to welcome new investors to our growing shareholder base. With this financing Electric Royalties is now positioned to immediately pursue additional new royalty acquisitions. In parallel, with the successful renegotiation of the $17.5 million co-investment package announced May 26 , Electric Royalties is working towards closing of its first cash flowing royalty on the Middle Tennessee Mine located in the United States and will look to provide an update on the transaction in the coming weeks."

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 & 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 portfolio of 12 royalties with 4 more royalties currently under acquisition. The Company plans to focus predominantly on acquiring royalties on advanced stage and operating projects to build a diversified portfolio located in jurisdictions with low geopolitical risk.

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) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements Regarding Forward-Looking Information and Other Company Information

This news release includes information regarding other companies based on previously disclosed pubic information disclosed by those companies and the Company is not responsibility for the accuracy of that information, and that all information provided herein is subject to this FLI cautionary.  This news release also includes forward-looking information and forward-looking statements (collectively, "forward-looking information") with respect to the Company and these other companies and 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 or results or those of these other companies and may include statements regarding the Company's 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 or those of these other companies.

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 other companies 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 any of these other companies to implement its 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 and those of these other companies, or equivalent public filings 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 .

SOURCE Electric Royalties Ltd.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2021/08/c2860.html

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Electric Royalties


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South Star Battery Metals Announces Application Submittal for the Full Mining License Doubling Production at its Santa Cruz Graphite Project and Update on Small-Scale Pilot Metallurgical Testing Program for Alabama Graphite Project

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South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV: STS) (OTCQB: STSBD), is pleased to announce that it has submitted the Planned Economic Analysis ("PAE") and the request for the final mining license ("concessão de lavra") to the Brazilian Mining Authority ("ANM") on August 15 th 2022 for the Claims 872.7352010, 872.7362010, 871.0532011 and 871.5242013 which is where the Phase 2 and 3 facilities are planned. The proposed PAE doubles the Santa Cruz production capacity presented in the previously released PFS (March 2020) and incorporates a third phase of project development. The planned production schedule follows:

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  • Life of mine ("LOM") with 50,000 tpy of concentrates (Phase 3).

In February of 2022 (See Press Releases from February 9 th and 24 th ) the final exploration reports for all of the Company's 13 claims were approved by the ANM. The PAE for 872.737/2010 was previously submitted August 1 st , 2022 (See Press Releases from August 2 nd ). The approval of the PAEs and mining licenses is the final step in securing the LOM mining license for each of the exploration claims and converting them to mining concessions. The environmental field work for the 3 phased production schedule is scheduled to begin in Q3 of 2022, and the Company intends to submit all the environmental documents for review and comment by early Q1 of 2023.

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NMG Provides Quarterly Update as the Company Advances Phases 2 and 3 of Its Growth Plan and Files its Feasibility Study for the Matawinie Mine and Bécancour Battery Material Projects

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https://youtu.be/htPMFUnMuxw

as well as at the Company's website www.altechchemicals.com.

In the interview, Martin discusses Altech's Preliminary Feasibility Study in relation to its 10,000tpa plant planned to be built in Germany for its patented technology and trademarked battery material product Silumina AnodesTM, a recent visit by Altech's executive management team to Germany, and also provides an update on Altech's Silumina AnodesTM pilot plant currently being constructed in Germany.



About Altech Chemicals Ltd:

Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (Al2O3) through the construction and operation of a 4,500tpa high purity alumina (HPA) processing plant at Johor, Malaysia. Feedstock for the plant will be sourced from the Company's 100%-owned kaolin deposit at Meckering, Western Australia and shipped to Malaysia.

HPA is a high-value, high margin and highly demanded product as it is the critical ingredient required for the production of synthetic sapphire. Synthetic sapphire is used in the manufacture of substrates for LED lights, semiconductor wafers used in the electronics industry, and scratch-resistant sapphire glass used for wristwatch faces, optical windows and smartphone components. Increasingly HPA is used by lithium-ion battery manufacturers as the coating on the battery's separator, which improves performance, longevity and safety of the battery. With global HPA demand approximately 19,000t (2018), it is estimated that this demand will grow at a compound annual growth rate (CAGR) of 30% (2018-2028); by 2028 HPA market demand will be approximately 272,000t, driven by the increasing adoption of LEDs worldwide as well as the demand for HPA by lithium-ion battery manufacturers to serve the surging electric vehicle market.



Source:
Altech Chemicals Ltd

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