Electric Royalties excited by funding commitment from Eric Sprott for Battery Hill manganese project
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Electric Royalties Ltd announced that its Battery Hill manganese project will receive funding from Manganese X Energy Corp, with a 2% gross metal royalty held by Electric Royalties.
January 03, 2025 | 6:45 pm
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Electric Royalties Ltd's Battery Hill project is set to receive funding from Manganese X Energy Corp, enhancing the project's development. Electric Royalties holds a 2% royalty on the project.
The funding commitment from Manganese X Energy Corp is likely to accelerate the development of the Battery Hill project, which is beneficial for Electric Royalties as it holds a 2% royalty. This could positively impact Electric Royalties' stock price in the short term.
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IMPORTANCE 70
RELEVANCE 80