Electric Royalties Converts Accrued Interest to Equity and Issues New Stock Options

Electric Royalties ( (TSE:ELEC) ) has provided an announcement.

Electric Royalties announced that its largest shareholder, Gleason & Sons LLC, has elected to convert C$420,000 of accrued interest under the company’s convertible credit facility into 3 million common shares at C$0.14 per share, a move that effectively eliminates nearly all interest accrued to date, subject to TSX Venture Exchange approval. The transaction, structured as a shares-for-debt deal and exempt from related party minority protection requirements, strengthens the company’s balance sheet as it heads into 2026 with growing cash flows from its Punitaqui copper royalty in Chile and renewed investment commitments supporting its Middle Tennessee Zinc royalty, while Electric Royalties also granted 700,000 stock options to consultants at an exercise price of C$0.14, further aligning incentives with the company’s growth in the critical minerals royalty space.

The most recent analyst rating on (TSE:ELEC) stock is a Hold with a C$0.14 price target. To see the full list of analyst forecasts on Electric Royalties stock, see the TSE:ELEC Stock Forecast page.

Spark’s Take on TSE:ELEC Stock

According to Spark, TipRanks’ AI Analyst, TSE:ELEC is a Neutral.

The overall stock score is primarily impacted by the company’s weak financial performance, characterized by declining revenues and persistent losses. Technical analysis provides some short-term positive signals, but these are overshadowed by valuation concerns due to negative earnings and lack of dividends. The absence of earnings call and corporate events data limits additional insights.

To see Spark’s full report on TSE:ELEC stock, click here.

More about Electric Royalties

Electric Royalties Ltd. is a Vancouver-based royalty company focused on commodities critical to electrification, including lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper. With a diversified portfolio of 43 royalties on advanced-stage and operating mining projects in low geopolitical risk jurisdictions worldwide, the company targets assets tied to electric vehicles, battery production, large-scale energy storage and renewable energy, offering investors leveraged exposure to the clean energy transition and the long-term rebuild of global infrastructure toward a decarbonized economy.

Average Trading Volume: 64,274

Technical Sentiment Signal: Hold

Current Market Cap: C$16.8M

For an in-depth examination of ELEC stock, go to TipRanks’ Overview page.