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

Updated Wednesday Apr 24, 2024 02:44 AM EDT

Stefan Gleason, a Director and 10% Holder, acquired 400,900 Common Shares on an indirect ownership basis for registered holder Gleason & Sons LLC at prices ranging from US$0.191 to US$0.210 between April 16th, 2024 and April 22nd, 2024. The insider also acquired 58,000 Common Shares on an indirect ownership basis for registered holder Gleason & Sons LLC at a price of $0.300 on April 16th, 2024. This represents a $127,387 investment into the company's shares and an account share holdings change of 2.2%.

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, that benefit from the drive toward electrification of a variety of consumer products, such as cars, rechargeable batteries, large scale energy storage, renewable energy generation, and other applications. It owns a portfolio of approximately 22 royalties, which are located in Canada, Australia, Madagascar, Norway, the United States and Spain. Its portfolio 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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