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28.05.25 - 23:03
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Lithium Royalty Corp. Announces Voting Results (Business Wire)
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TORONTO--(BUSINESS WIRE)--$LIRC #LIRC--Lithium Royalty Corp. (TSX: LIRC) (“LRC”) announced the successful election of each of the director nominees listed in the management proxy circular for the annual and special meeting of shareholders held today. The detailed voting results are set out below:
Director Nominee
Votes For
% for
Votes withheld
% withheld
Blair Levinsky
49,500,051
99.9%
4,846
0.1%
Ernie Ortiz
49,499,651
99.9%
5,246
0.1%
Mark Wellings
48,915,251
98.8%
589,646
1.2%
Elizabeth Breen
49,423,026
99.8%
81,871
0.2%
John Kanellitsas
48,832,813
98.6%
672,084
1.4%
Jesal Shah
49,498,803
99.9%
6,094
0.1%
Tamara Brown
49,503,451
99.9%
1,446
0.1%
Shareholders also appointed KPMG LLP, as the independent auditor of LRC, for the next year and the directors were authorized to fix its remuneration.
Auditor
Votes for
% for
Votes Against
% Against
KPMG LLP
49,555,875
99.9%
1,469
0.1%
In addition, shareholders approved the renewal of the Company's omnibus equity incentive plan and all unallocated awards the...
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16.05.25 - 05:57
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Lithium Royalty Corp. Announces Final Results of Substantial Issuer Bid (Business Wire)
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TORONTO--(BUSINESS WIRE)--$LIRC #LIRC--Lithium Royalty Corp (TSX: LIRC) (“LRC” or the “Company) announces the final results of its substantial issuer bid (the “Offer”), pursuant to which the Company offered to purchase up to C$7 million in value of its outstanding common shares (the “Shares”) from holders of Shares (the “Shareholders”) for cash, at a single price per Share of not less than C$5.20 per Share and not more than C$5.70 per Share, through a “modified Dutch auction” process.
In accordance with the terms and conditions of the Offer and based on the calculations of TSX Trust Company, as depositary for the Offer (the “Depositary”), the purchase price determined by the modified Dutch auction process will be C$5.70 per Share (the “Purchase Price”), and the Company will take up and pay for all 561,594 Shares tendered to the Offer at the Purchase Price.
The Company commenced the Offer in part on the basis that the repurchase of Shares was an attractive investment by the Co...
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06.05.25 - 14:33
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Smackover Lithium Submits Royalty Application to Arkansas Oil and Gas Commission for South West Arkansas Project (GlobeNewswire EN)
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LEWISVILLE, Ark., May 06, 2025 (GLOBE NEWSWIRE) -- Smackover Lithium, a Joint Venture (“JV”) between Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE:A:SLI) and Equinor, announced that SWA Lithium LLC has submitted an application to the Arkansas Oil and Gas Commission (“AOGC”) to establish a fair and equitable lithium royalty for the Reynolds Unit for Phase I of its South West Arkansas (“SWA”) Project in Lafayette and Columbia Counties, Arkansas. The hearing is scheduled for Wednesday, May 28th, 2025, at 9:00 am CDT and is to be held at the Donald W. Reynolds Community Center Grand Hall at South Arkansas University (100 East University) in Magnolia, Arkansas....
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01.05.25 - 01:36
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Lithium Royalty Corp. Announces Increased Price Range and Extension of Substantial Issuer Bid (Business Wire)
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TORONTO--(BUSINESS WIRE)--$LIRC #LIRC--Lithium Royalty Corp. (TSX: LIRC) ("LRC" or the "Company") announced today that it has amended the terms of its previously announced “modified Dutch auction” substantial issuer bid (the "Offer") pursuant to which the Company is offering to repurchase for cancellation up to C$7,000,000 of its common shares (the "Shares").
The Offer has been amended to increase the price range offered to shareholders who tender their Shares pursuant to the Offer to a price of not less than C$5.20 per Share and not more than C$5.70 per Share (in increments of C$0.10 per Share) (the "New Range"). The New Range varies the original price range of the Offer of C$4.50 to C$5.20 per Share. The high end of the New Range represents a 30% premium to the 20-day volume-weighted average price of the Shares prior to the announcement of the Offer on March 20, 2025.
In connection with the variation of the price range of the Offer, the expiry date o...
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30.04.25 - 19:21
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CORRECTING and REPLACING Lithium Royalty Corp. Announces First Quarter 2025 Results (Business Wire)
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LRC royalty revenue continues to outperform the broader lithium pricing cycle, with approximately flat revenue year-over-year despite a 17% decline in spodumene prices
Ganfeng Lithium inaugurates Mariana lithium project in Salta, Argentina during the quarter; first cash flow from the project anticipated in late 2025
Multiple near-term catalysts across the portfolio: Zijin expects to start production of Tres Quebradas in 3Q25 and Sigma estimates first production from Phase 2 expansion before year end 2025
Strong balance sheet with $31.9 million of cash and no debt, enhancing LRC's ability to pursue high-quality royalty opportunities at attractive valuations
(in thousands of U.S. dollars unless otherwise noted)
TORONTO--(BUSINESS WIRE)--$LIRC #LIRC--Please replace the release with the following corrected version due to multiple revisions.
The updated release reads:
LITHIUM ROYALTY CORP. ANNOUNCES FIRST QUARTER 2025 RESULTS
LRC royalty revenue continues to outperform the broader lithium pricing cycle, with ...
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30.04.25 - 15:21
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Lithium Royalty Corp. Announces First Quarter 2025 Results (Business Wire)
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LRC royalty revenue continues to outperform the broader lithium pricing cycle, with approximately flat revenue year-over-year despite a 17% decline in spodumene prices
Ganfeng Lithium inaugurated Mariana Lithium project in Salta, Argentina during the quarter; first cash flow from the project anticipated in 2025
Multiple near-term catalysts across the portfolio: Zijin expects to start production of Tres Quebradas in 3Q25 and Sigma estimates first production from Phase 2 expansion before year-end 2025
Strong balance sheet with $31.9 million of cash and no debt, enhancing LRC's ability to pursue high-quality royalty opportunities at attractive valuations
(in thousands of U.S. dollars unless otherwise noted)
TORONTO--(BUSINESS WIRE)--$LIRC #LIRC--Lithium Royalty Corp. (TSX: LIRC) (“LRC” or the “Company”) announces first quarter 2025 results
“LRC's diversified business model with assets continuing to enter production and ramp up to nameplate is insulating us from the severe price declines in the se...
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11.04.25 - 23:06
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Lithium Royalty Corp. Announces Exemptive Relief in Substantial Issuer Bid (Business Wire)
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TORONTO--(BUSINESS WIRE)--$LIRC #LIRC--Lithium Royalty Corp. (TSX: LIRC) (“LRC” or the “Company”) announced today that, in connection with the Company's ongoing substantial issuer bid (the “Offer”), the Ontario Securities Commission has granted an order (the “Relief Order”) permitting the Company to extend the Offer, if it determines to do so, without first taking up any common shares of the Company (the “Shares”) previously deposited. For technical reasons, the Offer could not be extended without the Relief Order.
At this time, the Company has not yet determined if it will extend the Offer, and the expiration of the Offer remains 5:00 pm (Toronto time) on April 30, 2025 (the “Expiry Time”). In the event the Offer is extended, the Company will provide a further news release disclosing the details of such extension.
Details of the Offer, including instructions for tendering Shares to the Offer, are included in the formal offer to purchase and issuer bid circular, letter of transmit...
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20.03.25 - 22:33
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Lithium Royalty Corp. Announces Substantial Issuer Bid (Business Wire)
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LRC to repurchase up to C$7 million of common shares
Offer to proceed by modified Dutch auction in the range of C$4.50 to C$5.20 per common share
TORONTO--(BUSINESS WIRE)--$LIRC #LIRC--Lithium Royalty Corp. (TSX: LIRC) (“LRC” or the “Company) announces today that it will be undertaking a substantial issuer bid (the “Offer”), pursuant to which the Company will offer to purchase up to C$7 million in value of its outstanding common shares (the “Shares”) from holders of Shares (the “Shareholders”) for cash, at a single price per Share of not less than C$4.50 per Share and not more than C$5.20 per Share, determined pursuant to a “modified Dutch auction” process (the “Purchase Price”). The Offer is expected to commence on or about March 25, 2025 and remain open for acceptance until 5:00 p.m. (Toronto time) on or about April 30, 2025, unless extended, varied or withdrawn by the Company (the “Expiration Date”).
As of March 20, 2025, there were 25,005,827 Shares and 30,549,214 convert...
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17.03.25 - 22:27
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Lithium Royalty Corp. Announces 81% Growth in LCEts for 2024 in First Full Calendar Year as a Public Company; Mariana Lithium Project Inaugurated in 1Q25 (Business Wire)
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LRC announces 2024 annual revenue of $3.0 million; implies 233 Lithium Carbonate Equivalent Tonnes (LCEts)1, an LCEt increase of 81% year-on-year, driven by significant volume growth in the portfolio
Ganfeng Lithium's Mariana project inaugurated on February 12, 2025, supporting LRC's 2025 revenue growth with another producing project in the LRC portfolio
New asset start-ups and Sigma's Phase II expansion targeted for 2H25 to contribute to revenue growth in 2025 and 2026
Partial sale to Triple Flag of royalty over the Tres Quebradas Project on track to complete in 1Q25, providing C$40 million to replenish LRC's balance sheet at cyclical lows of the lithium market
(in thousands of U.S. dollars unless otherwise noted)
TORONTO--(BUSINESS WIRE)--$LIRC #LIRC--Lithium Royalty Corp. (TSX: LIRC) (“LRC” or the “Company”) announces its fourth quarter and annual 2024 revenue results.
“Lithium Royalty Corp.'s revenue performed better than the lithium pricing indices for both the fourth quarter and calen...
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27.01.25 - 15:03
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Brunswick Begins New Drilling on Globex′s Lac Escale (Mirage) Lithium Royalty Property (GlobeNewswire EN)
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ROUYN-NORANDA, Quebec, Jan. 27, 2025 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Brunswick Exploration Inc. (BRW-TSXV, BRWXF-OTCQB, 1XQ-FRA) has started a 5,000-metre drill program on Globex's Lac Escale (Mirage) royalty property in the Eeyou-Istchee-James Bay region of Quebec. Globex retains a 3% Gross Metal Royalty on the Lac Escale claims and within a 1-kilometer area of influence around the claim's external boundaries as well as a $100,000 per year advance royalty starting at the fifth year of the agreement....
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23.07.24 - 19:15
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Positive Results Prompt More Drilling on Globex′s Lac Escale (Mirage) Lithium Royalty Property (GlobeNewswire EN)
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ROUYN-NORANDA, Quebec, July 23, 2024 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to provide an update on work by Brunswick Exploration Inc. (BRW-TSXV) on Globex's Lac Escale (Mirage) lithium royalty property....
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