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Public market insider buying at Electric Royalties (V:ELEC)

Updated Friday Aug 05, 2022 02:21 AM EDT

Stefan Gleason, a 10% Holder, acquired 109,000 Common Shares on a direct ownership basis at prices ranging from US$0.210 to US$0.230 between July 29th, 2022 and August 3rd, 2022. The insider also acquired 135,050 Common Shares on an indirect ownership basis for registered holder Trusted Causes, LLC 401(k) Plan at prices ranging from US$0.220 to US$0.230 between August 1st, 2022 and August 3rd, 2022. The insider also acquired 113,500 Common Shares on an indirect ownership basis for registered holder Trusted Causes, LLC Cash Balance Pension Plan at prices ranging from US$0.210 to US$0.225 between July 29th, 2022 and August 4th, 2022. This represents a $103,722 investment into the company's shares and an account share holdings change of 20.1%.

Electric Royalties is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

Electric Royalties Ltd is a Canada-based royalty company. The Company is focused on a range of commodities, including lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper. The Company is focused on acquiring royalty interests in advanced stage and operating projects to build a diversified portfolio located in jurisdictions with low geopolitical risk. It owns a portfolio of 18 royalties on battery metal projects in Canada, Australia and Madagascar, which includes Middle Tennessee Zinc Mine Project, Graphmada Royalty, Bissett Creek Graphite Project, Authier Lithium Project, Battery Hill Project, Mont Sorcier Project, Millennium Copper-Cobalt Project, Seymour Lake Lithium Royalty, Cancet Lithium Project, Rana Nickel Project and Sleitat Project. The Graphmada Royalty is a 2.5% net smelter return royalty on graphite production at the Graphmada Graphite Mining Complex, located in Madagascar.

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Go to Electric Royalties Ltd. (ELEC)'s company page

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