Electric Royalties Ltd. is pleased to announce that, further to its November 6, 2023 news release, the Company has entered into an Amended and Restated Letter of Intent with 1544230 Ontario Inc., MK Exploration Services Inc., and Gravel Ridge Resources Ltd. , dated March 5, 2024, to acquire a portfolio of 22 royalty agreements and 36 prospective lithium properties in Ontario, Canada . Brendan Yurik, CEO of Electric Royalties, commented: "We are pleased to be able to work with the Vendors and agree on new, highly favourable acquisition terms given current lithium market conditions. We have successfully reduced the overall cash acquisition cost by approximately C$2,500,000 to C$1,975,000 to acquire 22 existing royalties, plus 36 lithium properties which have been optioned out t...