08:24 AM EDT, 07/08/2024 (MT Newswires) -- Lithium Royalty ( LITRF ) said Monday that it has received approval from the Toronto Stock Exchange to renew its existing normal course issuer bid.

The existing normal course issuer bid will expire on July 9.

During the 12 months starting July 1, and terminating July 9, 2025, the company can buy up to 1.3 million of its common shares, representing about 5% of the float.

As of July 4, Lithium Royalty ( LITRF ) had more than 25 million outstanding common shares.