Electric Royalties (TSE:ELEC) has released an update.
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Electric Royalties Ltd., a company capitalizing on the demand for various commodities essential to the electrification trend, has engaged Red Cloud Financial Services Inc. for financial advisory and promotional services. The Toronto-based firm will assist Electric Royalties in accessing capital markets and enhancing its corporate image, without receiving any equity as compensation. This partnership, which is subject to TSX Venture Exchange approval, aims to introduce Electric Royalties to potential financiers and increase its visibility in the industry.
For further insights into TSE:ELEC stock, check out TipRanks’ Stock Analysis page.