Electric Royalties Appoints Advisors & Investor Relations Firm
Electric Royalties Appoints Advisors &
Investor Relations Firm
VANCOUVER, BC
,
July 7, 2020
/CNW/ -
Electric Royalties Ltd.
(TSXV: ELEC)
("Electric
Royalties" or the "Company")
is pleased to announce the appointment of the following advisors to
assist with the development of the Company's royalty portfolio.
Richard Williams
– Tin Advisor
Richard Williams
is a Professional Geologist with over 30 years' experience in gold mining and
precious and base metal mineral exploration in southern
Africa
, the Americas, and Europe. Richard
has spent the last 15 years in public company executive management, building a wide network of
contacts across the financial and technical sectors of the mining and exploration industry. He is
currently CEO & President of Strongbow Exploration Inc, which is advancing the South Crofty tin
project in
Cornwall
to a production decision, and CEO & Director of Winshear Gold Corp (formerly
Helio Resource Corp). Richard was the founder, CEO and Director of Helio Resource Corp, which
discovered the resource at the SMP Gold Project in
Tanzania
.
Greg Bowes
– Graphite Advisor
Gregory Bowes
holds an MBA from
Queens University
and an Honours degree in Geology from the
University of Waterloo
. He has over 30 years' experience as a senior executive and director of a
number of resource and engineering companies. Mr. Bowes has been CEO and a Director of
Northern Graphite Corporation for the past 10 years and is considered to be a leading expert on
worldwide graphite deposits. Northern Graphite owns the advanced stage
Bissett Creek
deposit in
Ontario, Canada
.
Nicolas Schlumberger
Nicholas Schlumberger
has over 40 years of private equity and investment banking experience
having worked throughout
London
,
Tokyo
,
Paris
and, for many years, within
China
. As a serial
entrepreneur, he has focused primarily in the mining and energy sectors as former Managing
Director at Drexel Burnham Lambert and Warburg Paribas Becker and is currently an active advisor
to several alternative energy start-ups.
The newly appointed advisors will join the existing advisor group:
Marceau Schlumberger
Marceau Schlumberger is responsible for the day-to-day management of Coral Reef Capital, a
natural resources private equity firm, making investments in metals and mining and energy
companies led by proven management teams. He sits on the investment committees of CRC
Resources Fund II LP and CRC Energy Fund LP and has 25 years' experience in private equity and
private credit. He currently serves as a board member of Rawhide Mining, Western Exploration,
ROC Service, Krewe Energy, and Shawnee Oil Company. Prior to
Coral Reef
, Marceau was an
investment professional at private equity firms Triumph Capital and
Columbus Nova
. Marceau
graduated from the Wharton School of Business and
Yale University
.
Rod Cooper
Rodney Cooper
is a professional mining engineer and an accredited public company director. He has
worked in mine exploration, development, technical services, permitting, construction, operations,
mine closure and reclamation during a career that spans approximately 40 years. He has extensive
project evaluation and valuation experience. His career has taken him to over 40 jurisdictions around
the globe, holding executive positions in mining companies and financial institutions. His experience
spans precious metals, base metals and industrial bulk commodities. He is currently an independent
consultant living near
Toronto, Canada
where he assists organizations in due diligence, project and
mine valuation and engineering studies.
Darcy Marud
Darcy Marud
is a Professional Geologist with more than 30 years of precious metals exploration
experience in the Americas. A graduate of the
University of Saskatchewan
with a BSc Honors in
Geology (1985), he is an active member of the Association of Professional Geoscientists of
Ontario
.
Mr. Marud is currently the CEO of Western Exploration LLC, a
Nevada
based precious metals
exploration company and has been in that role since
December 2017
. He was Senior VP Exploration
at Yamana Gold Inc (2007 to 2013) and later Executive Vice President - Enterprise Strategy from
2014 until his departure in
September 2017
. Prior to Yamana Gold, Mr. Marud held senior roles in
exploration with Homestake Mining Company, FMC Gold Corp and Meridian Gold Inc. During his
career, Mr. Marud has been involved in the discovery and subsequent development of significant
precious metals deposits including: El Peñón,
Chile
; Mercedes,
Mexico
and Pilar and Corpo Sul
(Chapada) in
Brazil
.
Investor Relations Engagement
Electric Royalties also announces that it has retained the services of Mars Investor Relations to
assist with its marketing, investor outreach and investor relations activities for a period of 12 months.
In consideration of the services to be provided, monthly fees of
$12,000
CAD will be incurred, and
Mars will also be issued 426,000 options in Electric Royalties.
Brendan Yurik
, CEO of Electric Royalties said, "The Electric Royalties team is thrilled to have the
support of Mars Investor Relations and our newly appointed advisers. These are very talented
people with broad experience in the mining industry and electric metals space. I look forward to
working with them and harnessing their combined expertise for ELEC shareholders as we grow the
company in the months and years ahead to the benefit of our shareholders."
For further details on Electric Royalties, please visit
www.electricroyalties.com
, or contact us at
(604) 639-9200 or by email at
.
On Behalf of the Board of Directors
Brendan Yurik
Chief Executive Officer
Tel: (604) 364-3540
About Electric Royalties Ltd
Electric Royalties is a royalty company set to take advantage of the demand for a wide range of
commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel & copper) that will benefit
from the drive to electrification (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 feed the electric revolution.
Electric Royalties has a portfolio of 13 royalties under binding letters of intent, closing subject to
fulfillment of conditions including regulatory approvals. Electric Royalties plans to focus
predominantly on acquiring royalties on advanced stage and operating projects to build a diversified
portfolio located in jurisdictions with low geopolitical risk.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Cautionary Statements Regarding Forward-Looking Information
This news release includes forward-looking information and forward-looking statements
(collectively, "forward-looking information") with respect to the Company and within the meaning of
Canadian securities laws. 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 or results and may include statements regarding the
Company's 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.
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 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 to implement its 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 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
.
SOURCE
Electric Royalties Ltd.
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For further information:
Investor Contact: Mars Advisors, www.marsinvestorrelations.com; Media
Contact: Electric Royalties Ltd., Talia Beckett, Tel: (778) 374-2000,
[email protected], www.electricroyalties.com
CO: Electric Royalties Ltd.
CNW 17:05e 07-JUL-20