Electric Royalties

Electric Royalties Ltd. is a Canada-based royalty company focused on acquiring and holding royalties on metals essential to electrification, renewable energy, and battery supply chains. Unlike traditional mining companies, Electric Royalties does not operate mines; instead, it provides investors with diversified exposure to clean-energy metals through a growing portfolio of royalties that generate revenue without ongoing operating or capital costs. The company’s portfolio spans copper, lithium, graphite, manganese, nickel, vanadium, zinc, tin, cobalt, and related battery and electrification metals, positioning Electric Royalties at the intersection of mining finance and the global energy transition.

Electric Royalties has assembled one of the most diversified royalty portfolios in the clean-energy metals space, comprising more than 40 royalties across producing, development-stage, and exploration assets, along with additional optioned properties that may convert into royalties over time. The portfolio includes revenue-generating royalties such as the producing Punitaqui copper mine in Chile, as well as near-term development assets advancing through feasibility and pre-feasibility stages in Tier-1 jurisdictions including Canada, the United States, Australia, Norway, Spain, and Chile. This diversified structure provides exposure to both near-term cash flow and long-term optionality tied to exploration success, mine restarts, and commodity price appreciation.

Electric Royalties is listed on the TSX Venture Exchange (TSX.V: ELEC) and the OTCQB (OTCQB: ELECF). The company is led by a management team with deep experience in mining finance, royalty structures, geology, and capital markets, with a strategic focus on building a scalable, long-life royalty business aligned with the accelerating global demand for electrification metals.

Electric Royalties offers a compelling investment opportunity by combining the proven royalty business model with exposure to metals that are structurally critical to the global energy transition. As electrification accelerates across electric vehicles, renewable power generation, grid infrastructure, data centers, and energy storage, demand for metals such as copper, lithium, graphite, manganese, nickel, and vanadium is expected to grow significantly over the coming decades. Electric Royalties provides leveraged exposure to this demand growth while avoiding the capital intensity, operating risk, and cost inflation typically associated with mine ownership.

The company’s portfolio is deliberately diversified across commodities, jurisdictions, and project stages. Near-term and producing royalties, including the Punitaqui copper mine, provide immediate and recurring revenue, while development-stage assets such as Battery Hill (manganese), Bissett Creek (graphite), Zonia (copper), Seymour Lake (lithium), and Mont Sorcier (vanadium) offer meaningful medium-term growth potential as projects advance through feasibility and into production. In addition, Electric Royalties holds extensive exploration-stage royalties—particularly within its lithium portfolio in Ontario and Québec—that provide long-duration upside with no additional capital outlay.

The royalty model enhances this opportunity by offering direct exposure to revenues rather than profits. Royalties are typically paid regardless of a mine’s underlying cost structure and do not require Electric Royalties to fund sustaining capital, exploration expenditures, or operational overhead. As metal prices rise, production increases, or mine lives are extended through exploration success, royalty revenues scale proportionally. This asymmetric upside, combined with downside protection from fixed costs, makes Electric Royalties particularly well-positioned in a volatile commodity environment.

Electric Royalties Ltd. is led by an experienced management team with a strong track record in mining finance, royalty transactions, and capital markets. The company is headed by CEO Brendan Yurik, a seasoned mining financier and the founder of Evenor Investments, where he has advised on more than $2 billion in mining finance transactions over his career. Mr. Yurik brings extensive experience in alternative financing structures, mergers and acquisitions, and strategic capital formation within the global mining sector.

Financial oversight is provided by CFO Robert Scott, CPA, CA, CFA, who has more than 25 years of experience in accounting, corporate finance, banking, and compliance. As founder of Corex Management Inc., Mr. Scott has supported numerous public and private resource companies through financings, IPOs, mergers, and restructurings, contributing deep financial discipline to Electric Royalties’ growth strategy.

The board of directors includes highly respected industry veterans, notably Robert Schafer, P.Geo., former director of International Royalty Corp., which was sold to Royal Gold for approximately $800 million. The board is chaired by Craig Lindsay, MBA, CFA, who brings over 30 years of experience in corporate finance, venture capital, and public company leadership. This blend of royalty expertise, geological insight, and capital markets experience provides strong governance and strategic oversight as the company continues to expand its portfolio.

Electric Royalties’ growth strategy is centered on systematically expanding its royalty portfolio while maintaining discipline around jurisdictional quality, asset longevity, and development timelines. The company prioritizes royalties on projects located in stable, mining-friendly regions with low geopolitical risk, focusing on assets that offer both near-term cash flow and long-term exploration and production upside.

A key pillar of the company’s strategy is exposure to multiple development catalysts across its portfolio. Several assets are advancing through feasibility or pre-feasibility studies, while others are positioned for potential production restarts as market conditions improve. These milestones are expected to drive incremental royalty revenue growth without requiring additional capital investment by Electric Royalties. In parallel, the company continues to acquire early-stage royalties—particularly within its lithium portfolio—creating embedded optionality that may mature into future cash-flowing assets.

Electric Royalties also maintains flexibility to structure creative royalty and streaming transactions, often providing development capital to operators in exchange for long-term royalty interests. This approach allows the company to secure royalties at attractive valuations while supporting the advancement of projects that align with its clean-energy metals focus. Over time, this disciplined acquisition strategy is designed to build a resilient, diversified royalty business capable of generating sustainable cash flow across commodity cycles.

Electric Royalties Ltd. maintains a solid financial position supported by a capital-light business model and a clean balance sheet. As of mid-2025, the company held approximately C$10.0 million in cash and cash equivalents, providing flexibility to support ongoing royalty acquisitions and portfolio development. Total debt remains minimal at C$0.3 million, reflecting a conservative approach to leverage.

The company has 119.97 million shares outstanding, with a fully diluted share count of approximately 144.25 million, inclusive of 14.60 million warrants and 9.68 million options. At prevailing market prices, Electric Royalties has a market capitalization of approximately C$16.2 million, offering investors exposure to a diversified clean-energy metals royalty portfolio at an early stage of growth.

Electric Royalties also benefits from a long-dated convertible loan provided by director Stefan Gleason, a significant shareholder holding approximately 28% of the company. Notably, the loan carries no required payments of principal or interest until January 2028, eliminating near-term refinancing risk and preserving capital for growth initiatives. This disciplined capital structure positions Electric Royalties to scale its royalty portfolio while maintaining strong financial flexibility.

Electric Royalties Ltd. represents a differentiated investment opportunity within the clean-energy and electrification metals space, combining the proven advantages of the royalty business model with exposure to commodities critical for the global energy transition. Through its diversified portfolio of royalties spanning producing, development, and exploration assets, the company offers investors both near-term revenue generation and long-term upside without the operational risks of mine ownership.

Backed by an experienced management team and a disciplined growth strategy, Electric Royalties is well-positioned to benefit from rising demand for copper, lithium, graphite, manganese, and other essential metals. As projects across its portfolio advance toward production and commodity markets strengthen, the company has the potential to deliver sustainable, long-duration value for shareholders.

For investors seeking diversified exposure to clean-energy metals through a low-cost, scalable, and capital-efficient model, Electric Royalties Ltd. offers a compelling pathway to participate in the next phase of global electrification.