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ELEC.V ·

Electric Royalties Ltd. Commences Trading ON TSX Venture Exchange Under Ticker Symbol “ELEC”

Listings & Exchange

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE

UNITED STATES

ELECTRIC ROYALTIES LTD. COMMENCES TRADING ON TSX VENTURE EXCHANGE

UNDER TICKER SYMBOL “ELEC”

VANCOUVER, BC – June 29, 2020 – Electric Royalties Ltd. (TSXV: ELEC) (“Electric” or

the “Company”) is pleased to announce the commencement of trading on the TSX Venture

Exchange under the symbol “ELEC”, following the previously announced successful closing of a

non-brokered private placement raising $5.23 million.

Electric Royalties' focus is to acquire a portfolio of royalties over mining projects that will feed the

increasing metal demand from the global electrification of cars and shift to rechargeable batteries

and renewable energy. Electric Royalties will focus predominantly on acquiring royalties on

advanced stage projects as well as operating projects to build a diversified portfolio located in

jurisdictions with low geopolitical risk.

Electric Royalties currently has a portfolio of 13 royalties under various binding letters of intent

pursuant to which Electric Royalties must satisfy certain conditions precedent in order to close the

various acquisitions of the royalties.

For further details on Electric Royalties, please visit www.electricroyalties.com or conta ct us at

(604) 639-9200 or send us an email at [email protected].

On Behalf of the Board of Directors

Brendan Yurik

Chief Executive Officer

The TSXV has in no way passed upon the merits of the Qualifying Transaction and has neither approved nor

disapproved the contents of this press release.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts

responsibility for the adequacy or accuracy of this release.

Cautionary Statements Regarding Forward-Looking Information

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 a ccess 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.