Electric Royalties Announces Appointment of New Director

Electric Royalties Announces Appointment of New

Director

VANCOUVER, BC / ACCESSWIRE / December 18, 2023 / Electric Royalties Ltd.

(TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to

announce the appointment of Stefan Gleason as a director of the Company, effective December

11, 2023.

Brendan Yurik, CEO of Electric Royalties, commented: "We thank Stefan Gleason, our

largest shareholder, for his ongoing commitment to Electric Royalties and belief in our

business model, and welcome him to the board of directors. We are particularly excited

about the prospect of leveraging his extensive business experience to further enhance and

accelerate the growth of the Company. We look forward to the valuable insights and

contributions he will bring to the table."

Mr. Gleason commented: "I'm excited to join the Electric Royalties board and continue

helping build out the Company's portfolio of accretive royalty assets. I have high

confidence in not only the ability of management to execute on its pipeline of royalty

origination and acquisition opportunities but also in management's careful stewardship of

shareholder interests.

"The royalty model is a superior, lower-risk way of investing in the resource space as

compared to mining companies, and I'm encouraged that Electric Royalties still faces very

little competition when deploying capital into production of these nine targeted battery

metals."

Mr. Gleason is President, CEO, and majority shareholder of Money Metals Exchange LLC, a

privately held company that is among the largest precious metals dealers and depositories in

North America with over C$1 billion in annual revenues. He is also Managing Director of

Gleason & Sons LLC, a Charlotte, N.C.-based family limited liability company which holds and

manages debt, equity, and real estate investments. With past appearances on U.S. television

networks such as CNN, FoxNews, Fox Business, and CNBC, Mr. Gleason is also a regular

columnist for Seeking Alpha and Investing.com and has been published by the Wall Street

Journal, Newsweek, Mining.com and TheStreet, among other publications.

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 22 royalties. 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 towards a decarbonized global economy.

For further information, please contact:

Brendan Yurik

CEO, Electric Royalties Ltd.

Phone: (604) 364‐3540

Email: [email protected]

www.electricroyalties.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is 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.

Cautionary Statements Regarding Forward-Looking Information and Other Company

Information

This news release includes forward-looking information and forward-looking statements

(collectively, "forward-looking information") with respect to the Company within the meaning of

Canadian securities laws. This news release includes information regarding other companies

and projects owned by such other companies in which the Company holds a royalty interest,

based on previously disclosed public information disclosed by those companies and the

Company is not responsible for the accuracy of that information, and that all information

provided herein is subject to this Cautionary Statement Regarding Forward-Looking Information

and Other Company Information. Forward looking information is typically identified by words

such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are

those, which, by their nature, refer to future events. This information represents predictions and

actual events or results may differ materially. Forward-looking information may relate to the

Company's future outlook and anticipated events and may include statements regarding the

financial results, future financial position, expected growth of cash flows, business strategy,

budgets, projected costs, projected capital expenditures, taxes, plans, objectives, industry trends

and growth opportunities of the Company and the projects in which it holds royalty interests.

While management considers these assumptions to be reasonable, based on information

available, they may prove to be incorrect. Forward-looking statements involve known and

unknown risks, uncertainties and other factors which may cause the actual results, performance

or achievements of the Company or these projects to be materially different from any future

results, performance or achievements expressed or implied by the forward-looking statements.

These risks, uncertainties and other factors include, but are not limited to risks associated with

general economic conditions; adverse industry events; marketing costs; loss of markets; future

legislative and regulatory developments involving the renewable energy industry; inability to

access sufficient capital from internal and external sources, and/or inability to access sufficient

capital on favourable terms; the mining industry generally, the Covid-19 pandemic, recent

market volatility, income tax and regulatory matters; the ability of the Company or the owners of

these projects to implement their business strategies including expansion plans; competition;

currency and interest rate fluctuations, and the other risks.

The reader is referred to the Company's most recent filings on SEDAR as well as other

information filed with the OTC Markets for a more complete discussion of all applicable risk

factors and their potential effects, copies of which may be accessed through the Company's

profile page at www.sedar.com and at otcmarkets.com.

SOURCE: Electric Royalties Ltd.