Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) announced it has entered into a Letter of Intent to acquire a portfolio of 126 lithium properties spanning more than 1 million acres in Eastern Canada, a region the company believes could be the center of clean energy metals production in the decades to come.
The company said the properties cover prospective land on the same geological trends and surround major lithium discoveries in Ontario, Canada.
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