$(SBC)$ 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)
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