Principal of U.S. Metals Firm Increases Stake in Electric Royalties to 22%

CHARLOTTE, NC – Stefan Gleason, principal of Gleason & Sons LLC, announced his recent acquisition of additional shares in Electric Royalties Ltd., boosting his ownership to approximately 22% of the company's issued and outstanding common shares. This strategic investment follows recent positive developments within the company's portfolio, notably in its larger royalties including Battery Hill, Seymour Lake, and Mont Sorcier.

Gleason highlighted the undervaluation of Electric Royalties' assets given the current market capitalization and the potential for immediate and significant growth. The acquisition of a package of lithium properties could double the company's royalty count and pave the way for increased cash flow and portfolio expansion.

Utilizing the "Normal Course Purchase Exemption" has allowed Gleason to surpass the 20% share ownership threshold without a mandatory takeover bid, underlining his commitment to enhancing value while avoiding dilution for existing shareholders. This move comes as Gleason continues to leverage his diverse portfolio of privately held businesses in the U.S., including a significant role in the precious metals market.

The recent share purchase is part of a broader strategy by Gleason to support Electric Royalties' growth trajectory without compromising shareholder value. His role as a Director and financial contributor via a convertible credit facility underscores the strategic alignment with the company’s long-term vision.