Electric Royalties Reports Increase in Copper Royalty Revenues from Punitaqui and Provides Updates on Other Key Royalties

Executive Summary

• Electric Royalties reported C$210k of royalty revenue from the Punitaqui Copper Mine since its December 2024 acquisition and expects higher cash flow in upcoming quarters.
• Significant operational milestones were disclosed across nine royalty assets, including new rubidium resources at Seymour Lake (Ontario), an 80% boost in manganese mill‑feed grade at Battery Hill (NB), infill drilling at Mont Sorcier (QC) and a 345% increase in graphite resources at Graphite Bull (WA).
• Multiple partner companies announced financing, permits, and feasibility‑study progress that could enhance the underlying projects and, consequently, Electric Royalties’ future royalty streams.

Key Details

• Punitaqui Copper Mine (0.75 % Gross Revenue Royalty)
• Received C$210k of royalties since Dec 2024.
• BMR shipped 7,533 DMT copper concentrate (22.6 % Cu) Jan‑Jun 2025 → ~3.75 M lbs contained Cu.
• Near‑term production target: 2,000 DMT/mo; end‑2025 target: 2,500‑2,700 DMT/mo.

• Environmental Impact Statement approved for an additional ten years at Los Mantos plant (July 28 2025).

• Seymour Lake Lithium Project (1.5 % NSR)

• Green Technology Metals disclosed a JORC‑compliant rubidium resource at North Aubry deposit (July 24 2025).
• Produced battery‑grade lithium hydroxide from spodumene bulk sample (Aug 7 2025).

• Ontario Ministry of Mines granted two additional 21‑year mining leases, bringing total to three (Aug 12 2025).

• Battery Hill Manganese Project (2.0 % Gross Metal Royalty)

• Phase‑2 ore‑sorting results show an 80 % increase in mill‑feed grade (Aug 12 2025).

• Positive preliminary test results from Phase‑2 of high‑purity manganese supply chain with Charge CCCV (May 14 2025).

• Kenbridge Nickel Project (0.5 % Gross Revenue Royalty)

• Completed restricted‑access road (Apr 22 2025) and Phase‑2 access corridor for year‑round logistics (Jun 19 2025).

• Initiated airborne geophysics and greenfields exploration program (May 1 2025).

• Mont Sorcier Iron & Vanadium Project (1.0 % Gross Metal Royalty)

• Infill drilling commenced to upgrade resources for Feasibility Study slated for Q1 2026 (July 17 2025).

• Bissett Creek Graphite Project (1.5 % Gross Revenue Royalty)

• Partnership with BMI Group to evaluate battery‑anode facility in Baie‑Comeau, QC (Apr 16 2025).
• Received letter of support from Port of Rotterdam (Apr 23 2025).

• Canadian government pledged up to C$6 M repayable contribution for Lac des Îles mine extension (Aug 26 2025).

• Graphite Bull Project (0.75 % Gross Revenue Royalty)

• Updated JORC resource: 2.25 Mt @ 7 % TGC, a 345 % increase (Feb 16 2025).

• BTR New Material Group qualified ore for full ore‑to‑anode production; meets specifications for major battery makers (July 9 2025).

• Surge Lithium Project (1.5 % NSR)

• Airborne magnetic survey identified 17 km of linear magnetic highs suggesting new pegmatite targets (May 22 2025).

• Millennium Copper‑Cobalt Project (0.5 % Gross Revenue Royalty)

• Received AUD 275k Queensland government grant for graphite exploration at Millennium (Apr 14 2025).

• Zonia Copper‑Oxide Project (0.5 % Gross Revenue Royalty)

• Original sale agreement terminated (May 6 2025); new definitive acquisition agreement with Plata Latina (now Edge Copper) expected to close Q4 2025 (July 23 2025).

Notable Quotes

• Brendan Yurik, CEO, Electric Royalties:

  “We are pleased to announce the receipt of approximately C$210,000 in revenues since our December 2024 royalty acquisition on the Punitaqui Copper Mine… We expect to see an increased pace of revenues from Punitaqui in the coming quarters.”

• Letitia Wong, President & CEO, Edge Copper (formerly Plata Latina):

  “With Zonia located on private and patented lands, the permitting process is expected to be more efficient and streamlined, enhancing project development certainty… we look forward to moving Zonia toward construction in the near to medium term.”