$(SBC)$                     104             602             644           1,406 
One-time IPO 
 costs                       -               -               -             869 
Other 
 non-recurring 
 income                      -               -           (750)               - 
Impairment 
 expense                 1,063               -           1,063               - 
Exploration 
 costs                       -               -               -             414 
Decrease in 
 fair value of 
 financial 
 assets                      -               -               -              37 
--------------  --------------  --------------  --------------  -------------- 
Adjusted 
 EBITDA                (1,099)           1,309         (1,623)             389 
==============  ==============  ==============  ==============  ============== 
 

(____________________________________ 1) For Q3 2024, LRC calculates LCETs by dividing royalty revenue for the quarter by the average spot market price of $11,049 during the quarter for 99.5% lithium carbonate, delivered in China, and calculates SCETs by dividing royalty revenue for the quarter by the average spot market price of $865 during the quarter for 6% spodumene concentrate, delivered to China. Spot market prices were based on Asian Metal data on Bloomberg.

(2) Note that the resource estimate provided by Ganfeng was prepared using Chinese mineral estimation guidance and is not compliant with NI 43-101 guidance (including by using Chinese resource classifications that are not comparable to the CIM definitions used in NI 43-101).

View source version on businesswire.com: https://www.businesswire.com/news/home/20241111487582/en/

 
    CONTACT:    Contact Information for Inquiries: 

Jonida Zaganjori

Investor Relations

(647) 792-1100

jonida@lithiumroyaltycorp.com

(END) Dow Jones Newswires

November 11, 2024 17:01 ET (22:01 GMT)