OTC : ELECF
$0 (0.0%)
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Electric Royalties Announces Interest Conversion Under Convertible Credit Facility
VANCOUVER, BC / ACCESS Newswire / June 8, 2026 / Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") announces that Gleason & Sons LLC (the "Lender") has elected to convert C$518,142.23 of accrued interest on the principal amount of the Company's convertible credit facility (the "Interest") under the amended and restated convertible loan agreement dated February 16, 2024 between the Lender and Company (the "A&R Agreement"), into 4,505,585 common shares of the Company (the "Conversion Shares"), at a conversion price of C$0.115 per Conversion Share (the "Interest Conversion"). accessnewswire.com - 2026-06-08 15:50:00 |