Electric Royalties Provides Four Key Updates on Its Various Royalties

Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) has issued an update on its royalty portfolio, highlighting developments in its lithium, copper, cobalt, and tin interests.

At the Penouta Tin-Tantalum Mine, the Superior Court of Xustiza of Galicia upheld a decision to suspend the section C permit. Despite this, mining under the section B permit is expected to resume post the business combination with IberAmerican Lithium Corp.

The Seymour Lake Lithium Project in Ontario is on track with its Feasibility Study and permitting process. Green Technology Metals Limited has initiated a 3,000-meter drill program to potentially extend the mine's life.

The Millennium Copper-Cobalt Project in Queensland has begun a new drilling program to explore the Fountain Range-Quamby Fault Zone. Initial findings suggest anomalous copper mineralization.

Winsome Resources Limited has secured A$25 million in funding, part of which will accelerate drilling and related activities at the Cancet Lithium Project in Québec.