Electric Royalties Boosts Revenue with New Copper Stream Deal

Electric Royalties (TSE:ELEC) has released an update.

Electric Royalties Ltd. has entered into an agreement to purchase a cash-flowing copper stream from Minera Cobre Verde in Chile, which will immediately grant them the right to acquire a fixed amount of copper monthly at a set price for four years. This strategic move is expected to significantly increase the company’s revenue and cash flow, while offering potential future benefits in production expansion partnerships.

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