Lithium Royalty Corp.

Company Description

Lithium Royalty Corp. is a lithium-focused royalty company with a diversified portfolio of royalties on mineral properties around the world that supply and are expected to supply raw materials to support the electrification and decarbonization of the global economy.

Address:	1133 Yonge St., 5th Floor Toronto, Ontario, M4T 2Y7 Canada
Phone Number:	514 572-3900
Fax Number:
Website:

Industry:	Metals & Mining
Closing Date:	Wednesday, March 15, 2023
1st Day of Trading:	Friday, March 10, 2023
Primary Symbol:	LIRC
Exchange:	Toronto

Proceeds

The net proceeds of the offering will be used for the acquisition of royalties, to repay shareholder notes, to pay contingent royalty obligations as and when they are triggered and for other general corporate purposes.

Gross Proceeds:	$150,008,000.00
Underwrting Fees:	$9,000,480.00
Expense Offering:	$6,200,000.00
Net Proceeds:	$134,807,520.00

Lead Underwriter:	Canaccord Genuity Corp.
Other Underwriter(s):	BMO Nesbitt Burns Inc. TD Securities Inc. Scotia Capital Inc. National Bank Financial Inc. Raymond James Ltd. Citigroup Global Markets Canada Inc. Cormark Securities Inc. Red Cloud Securities Inc.

Performance

	1 day	1 week	1 month	6 months	Inception
Recent Performance	0.98 %	-6.36 %	-3.20 %	-10.04 %	-69.71 %
Post IPO Performance	-5.29 %	-5.29 %		-30.53 %

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