Electric Royalties – Recapping recent news on a renegotiated royalty deal and key asset developments
Brendan Yurik, CEO of Electric Royalties (TSX.V:ELEC – OTC:ELECF) joins me to recap the renegotiated deal on the Middle Tennessee Mine (MTM) Royalty in connection with Sprott Resource and Streaming. We review the changes to the payment structure, for both the cash and share components, and how this impacts the planned $10million financing. We also discuss a couple key asset updates in the Company’s portfolio.
If you have any follow up questions for Brendan please email me at Fleck@kereport.com.