Electric Royalties lithium portfolio project receives $100M financing interest from Export Development Canada
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Electric Royalties Ltd announced that Green Technology Metals, operator of the Seymour Lake Lithium Project, received a financing interest of up to C$100 million from Export Development Canada. Electric Royalties holds a 1.5% net smelter royalty on this project.
December 24, 2024 | 1:45 pm
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Electric Royalties Ltd's Seymour Lake Lithium Project received a C$100 million financing interest from Export Development Canada, potentially boosting the project's development and future revenue for Electric Royalties.
The C$100 million financing interest from Export Development Canada is significant for the Seymour Lake Lithium Project, in which Electric Royalties holds a 1.5% net smelter royalty. This could lead to accelerated project development and increased future revenues for Electric Royalties, positively impacting its stock price.
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