10% holder buying at Electric Royalties (ELEC)

10% holder buying at Electric Royalties (V:ELEC)

Stefan Gleason, a 10% Holder, acquired 304,900 Common Shares on a direct ownership basis at a price of $0.220USD on September 23rd, 2022. The insider also acquired 49,000 Common Shares on an indirect ownership basis for registered holder Trusted Causes, LLC Cash Balance Pension Plan at a price of $0.216USD on September 22nd, 2022. This represents a $105,292 investment into the company's shares and an account share holdings change of 16.6%.

Electric Royalties is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

Electric Royalties Ltd. is a Canada-based royalty company. The Company is focused on a range of commodities, including lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper, that benefits from the drive toward electrification of a variety of consumer products, such as cars, rechargeable batteries, large scale energy storage, renewable energy generation, and other applications. It owns a portfolio of approximately 20 royalties on battery metal projects in Canada, Australia and Madagascar, which includes Middle Tennessee Zinc Mine Project, Graphmada Royalty, Bissett Creek Graphite Project, Authier Lithium Project, Battery Hill Project, Mont Sorcier Project, Millennium Copper-Cobalt Project, Seymour Lake Lithium Royalty, Cancet Lithium Project, Rana Nickel Project and Sleitat Project. The Graphmada Royalty is a 2.5% net smelter return royalty on graphite production at the Graphmada Graphite Mining Complex, located in Madagascar.