Mar 17, 2025, 11:52 AM
Mar 17, 2025, 11:52 AM

Craig Lindsay takes the helm as chair of Electric Royalties

Highlights
  • Craig Lindsay has been appointed Chair of the Board for Electric Royalties Ltd.
  • Lindsay has over 30 years of experience in corporate finance and public company management.
  • This leadership change comes as the company aims to advance its portfolio in response to the growing demand for sustainable energy commodities.
Story

In Vancouver, BC, on March 17, 2025, Electric Royalties Ltd. announced the appointment of Craig Lindsay as the new Chair of the Board following their annual meeting of shareholders held on March 14, 2025. Sharing a long tenure as an independent director since 2016, Lindsay succeeds Marchand Snyman, who had held the position of director and Chair since 2020. Lindsay comes to this role with over 30 years of experience in corporate finance, venture capital, and public company management, emphasizing his capability in guiding the company at a critical time for the industry's shift towards sustainable energy. Electric Royalties Ltd. is positioned uniquely amidst a growing demand for critical metals due to the push towards cleaner energy and electric vehicles. With a portfolio now consisting of 43 royalties across various significant commodities like lithium, vanadium, and copper, the company anticipates a considerable increase in resource demand aligned with the accelerating focus on electrification across numerous sectors. This strategic focus aims to ensure the necessary materials are available for infrastructure geared towards a decarbonized global economy. Brendan Yurik, CEO and director of Electric Royalties, expressed gratitude to Marchand Snyman for his contributions, highlighting how Snyman was instrumental in navigating complex transactions that expanded their royalty portfolio. Yurik also welcomed Lindsay's appointment, noting the ongoing commitment of the board to advance the company's diversified royalty portfolio that supports the essential shift towards sustainable energy. As the world increasingly seeks a transition towards renewable energy solutions, the importance of metals such as copper and graphite is magnified, elevating their status as strategic assets crucial for national security and global sustainability initiatives. Lindsay expressed his enthusiasm to collaborate with the board and management team to ensure the company's continued growth and relevance in the accelerating market for sustainable energy commodities.

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