Electric Royalties Ltd. Announces Closing of $1,000,000 Private Placement

About this update from Electric Royalties Ltd.

Electric Royalties Ltd. Announces Closing of $1,000,000 Private PlacementVANCOUVER, BC / ACCESS Newswire / November 6, 2025 / Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to announce that it has closed a non-brokered private placement financing (the "Private Placement") of common shares of the Company (the "Common Shares"). The Private Placement consisted of 7,142,855 Common Shares at a price of $0.14 per Common Share, for total gross proceeds to the Company of $999,999.70.Brendan Yurik, CEO of Electric Royalties, commented: "We are pleased to welcome several new investors who share our confidence in the Company's near-term catalysts and long-term growth potential - especially in light of our current market valuation."Over the past year, we have made a concerted effort to reduce overhead costs while continuing to build a diverse portfolio of 43 royalties in stable jurisdictions. This includes a copper royalty currently ramping up, three royalties that could return to production, and five royalties advancing through prefeasibility or feasibility studies."With more than 60% of Electric Royalties' outstanding shares now held by board members, their families, and our founding partner Globex Mining Enterprises Inc. (TSX: GMX; OTCQX: GLBXF), our share structure remains tight, and insiders are strongly aligned with our shareholders."In connection with the Private Placement, the Company paid $33,457.20 in cash and issued 238,980 common share purchase warrants (each, a "Finder Warrant") to finders at closing. Each Finder Warrant is non-transferable and exercisable for one common share in the capital of the Company for a period of 12 months following the date hereof, at an exercise price of $0.16.Electric Royalties expects to use the net proceeds from the Private Placement for working capital and general corporate purposes, including evaluation, legal, and due diligence costs in connection with potential strategic transactions presently under consideration.The Private Placement involves the issuance of 371,428 Common Shares (for a subscription amount of $52,000.00) to related parties (as such term is defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101")) and therefore constitutes a related party transaction under MI 61-101. This transaction ...

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