07:16 AM EDT, 05/16/2025 (MT Newswires) -- Lithium Royalty ( LITRF ) overnight Thursday said about 46% of the $7 million of shares permitted were tendered in its substantial issuer bid.

The company will be acquiring the shares through a modified Dutch auction process at $5.70 per share.

Lithium Royalty ( LITRF ) said it will continue to explore opportunities to grow net asset value per share, including through additional share repurchases if determined appropriate.