TORONTO, July 28, 2023 /CNW/ - Strategic Minerals Europe Corp. (NEO:SNTA) (FRA:26K0) (OTC-BB:SNTAF) ("Strategic Minerals" or the "Company"), a company focused on the production, development, and exploration of tin, tantalum and niobium, is pleased to announce that Electric Royalties Ltd. (TSXV:ELEC.VN) (OTC-BB:ELECF) ("Electric Royalties") has exercised its option (the "Option") to increase its existing 0.75% Gross Revenue Royalty ("GRR") on the producing Penouta tin-tantalum mine in Spain by a further 0.75% in exchange for a cash payment of C$1,250,000. Electric Royalties now holds an aggregated 1.5% GRR on Penouta.
Read more at newswire.caStrategic Minerals Announces Increased Gross Revenue Royalty Interest of Electric Royalties on Penouta Mine
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