Electric Royalties Announces Appointment of Craig Lindsay as Chairman of the Board
Electric Royalties Announces Appointment of Craig Lindsay as
Chairman of the Board
VANCOUVER, BC / ACCESS Newswire / March 17, 2025 / Electric Royalties Ltd.
(TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") announced that
current board member Craig Lindsay has been appointed Chair of the Board following the
Company's annual meeting of shareholders held on March 14, 2025. Mr. Lindsay has been
an independent director of Electric Royalties since 2016. He succeeds Marchand Snyman,
who has served as a director and Chair of the Board since 2020.
Mr. Lindsay has more than 30 years of experience in corporate finance, venture capital and
public company management and is the Managing Director of Arbutus Grove Capital Inc.
He was the Founder and CEO of Otis Gold Corp. until its merger with Excellon Resources
Inc. (TSX:EXN) in April 2020 and prior thereto was the Founder and CEO of Magnum
Uranium Corp., leading its development and eventual sale to Energy Fuels Inc. (TSX:EFR).
He is a current director of Revolve Renewable Power Corp. (TSXV:REVV), Excellon
Resources Inc. (TSX:EXN), VR Resources Ltd. (TSXV:VRR) and Silver North Resources Ltd.
(TSXV:SNAG).
"I am pleased to take on this new role at a critical juncture for Electric Royalties, " said Mr.
Lindsay. "As the world intensifies its focus on transitioning to sustainable energy, metals
like copper and graphite are not only essential to this shift but are also increasingly
recognized as strategic assets vital to national security. I am eager to work alongside my
fellow board members and management team dedicated to advance its diversified royalty
portfolio that enables the responsible supply of these critical metals for a greener and
more secure future. "
Retiring director Marchand Snyman stated, "Electric Royalties has experienced significant
growth since its inception and this success is a testament to the dedication and hard work
of our CEO, Brendan Yurik, and the entire team. I am excited to witness the continued
success and growth that lies ahead. "
Brendan Yurik, CEO and director of Electric Royalties, said, "On behalf of the entire Board,
I'd like to thank Marchand for his invaluable contributions over the past five years.
Marchand was instrumental in helping us navigate complex transactions that resulted in
the rapid growth of our portfolio of 42 royalties. I am personally appreciative of his
partnership and mentorship, and I wish him the best in his next endeavors.
"I would also like to extend my sincere congratulations to Craig on his appointment as
board chair. Craig has provided expert guidance since the inception of our Company, and I
look forward to continuing our collaboration as we strive to enhance shareholder value. "
At the Company's annual meeting of shareholders, Bob Schafer, Stefan Gleason, Brendan
Yurik and Craig Lindsay were re-elected as directors, and all resolutions described in the
Company's Information Circular dated January 24, 2025 and filed on SEDAR+ were
approved by shareholders.
About Electric Royalties Ltd.
Electric Royalties is a royalty company established to take advantage of the demand for a
wide range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel,
zinc and copper) that will benefit from the drive toward electrification of a variety of
consumer products: cars, rechargeable batteries, large scale energy storage, renewable
energy generation and other applications.
Electric vehicle sales, battery production capacity and renewable energy generation are
slated to increase significantly over the next several years and with it, the demand for these
targeted commodities. This creates a unique opportunity to invest in and acquire royalties
over the mines and projects that will supply the materials needed to fuel the electric
revolution.
Electric Royalties has a growing portfolio of 43 royalties in lithium, vanadium, manganese,
tin, graphite, cobalt, nickel, zinc and copper across the world. The Company is focused
predominantly on acquiring royalties on advanced stage and operating projects to build a
diversified portfolio located in jurisdictions with low geopolitical risk, which offers investors
exposure to the clean energy transition via the underlying commodities required to rebuild
the global infrastructure over the next several decades toward a decarbonized global
economy.
For further information, please contact:
Brendan Yurik
CEO, Electric Royalties Ltd.
Phone: (604) 364‐3540
Email: [email protected]
https://www.electricroyalties.com/
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defined in the policies of the TSX Venture Exchange), nor any other regulatory body or
securities exchange platform, accepts responsibility for the adequacy or accuracy of this
release.
SOURCE: Electric Royalties Ltd.