Electric Royalties CEO Brendan Yurik joined Steve Darling from Proactive to share news Scandinavian Resource Holdings and Global Energy Metals have created and agreed to sell to Electric Royalties a new 1% Net Smelter Royalty on four exploration licenses in the Råna Project in Norway.
Yurik tells Proactive more about what he liked about the Project which includes the past-producing Bruvann Nickel mine. Electric Royalties will issue total consideration of 2,000,000 common shares of the company and $100,000 cash payable to Scandinavian and Global Energy Metals.