Avalon Advanced Materials Inc. (AVL:TSX, AVLNF:OTCQB), based in Toronto focused on Lithium Battery Materials Supply Chains today announced that Don Bubar, President & CEO, will present live at VirtualInvestorConferences.com on August 23rd, 2022. This battery metals focused event is co-sponsored by Virtual Investor Conferences and Independent Investment Research LLC.
DATE: August 23rd, 2022 TIME: 10:00 am ET LINK: https://bit.ly/3JSF8GE
Available for 1x1 meetings: August 24, 2022
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.
Learn more about the event at www.virtualinvestorconferences.com .
About Avalon Advanced Materials Avalon Advanced Materials Inc. is a Canadian mineral development company specializing in sustainably-produced materials for clean technology. The Company now has four advanced stage projects, providing investors with exposure to lithium, tin and indium, as well as rare earth elements, tantalum, cesium and zirconium. Avalon is currently focusing on developing its Separation Rapids Lithium Project near Kenora, Ontario while continuing to advance other projects, including its 100%-owned Lilypad Cesium-Tantalum-Lithium Project located near Fort Hope, Ontario. Social responsibility and environmental stewardship are corporate cornerstones.
About Virtual Investor Conferences ® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
CONTACTS: Avalon Advanced Materials Inc. Don Bubar President & CEO 416-723-9132 dsbubar@avalonAM.com
Virtual Investor Conferences John M. Viglotti SVP Corporate Services, Investor Access OTC Markets Group (212) 220-2221 johnv@otcmarkets.com
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Commodities markets are radically transforming as the world embraces electric vehicles (EVs) and other clean energy technologies. The surge in demand for green tech makes critical mineral commodity markets an attractive option for many investors. Moreover, most critical minerals necessary for future technologies have a steadily increasing demand while supply struggles to keep up, such as the tightening lithium supply in China. As a result, some analysts expect battery metals markets to remain elevated for decades. For example, the first quarter of 2022 saw lithium prices steadily increase as demand rose.
Lithium is undoubtedly a frontrunner in the critical battery materials market, but it’s not the only element necessary for the clean technology of the future. Research organization, International Energy Association (IEA) conducted a study highlighting other metals the world needs, including copper, platinum group metals, zinc, and aluminum. Another study by IEA indicates that total mineral demand for clean technology related to EVs and battery storage will go from 0.4 million tonnes in 2020 to 21.5 million tonnes in 2040, based on the ‘net-zero by 2050’ scenario. So how will the mining industry supply this massive increase in demand?
Avalon Advanced Materials (TSX:AVL) is a Canadian mineral exploration and development company targeting multiple critical minerals necessary for manufacturing clean technology. With over 25 years of experience working in the critical minerals sector, the company has first-to-market advantage, in addition to the years of expertise in the field. This is highlighted by the company’s project portfolio, containing assets known for lithium, tin, indium, rare earths, cesium, tantalum and other rare elements. The company has two key projects and three additional projects in their pipeline. Every asset is located in stable and mining-friendly jurisdictions throughout Canada.
The Separation Rapids Lithium Project, the company’s current flagship project, is in the preliminary stages of economic assessment and feasibility study. The project is in advanced exploration stages, but new studies are required per its new agreement with Essar Group to fund and build a new lithium refinery. However, an accurate economic assessment can now be completed since Avalon Advanced Materials has a specific refinery agreement.
The Separation Rapids lithium deposit
Even though we usually think of batteries when discussing lithium, it’s not the only usage for the element. High-purity lithium is also a required component for glass-ceramic applications. Lithium minerals within the Separation Rapids Project deposits contain the high purities necessary for glass-ceramic products.
President and CEO, Don Bubar, has understood the importance of a diversified asset portfolio for over a decade. Yet, he remains pleasantly surprised by the demand for every mineral they have been targeting for many years. Bubar states, “I figured some time ago, it made sense to keep us diversified and be in a position to react quickly if there’s sudden new demand for one of these critical minerals. It was a strategy we've had for the last ten years — but I never anticipated they'd all be in demand at the same time. We're now starting to take advantage of the best opportunity — our lithium project.”
Avalon Advanced Materials’ other projects target assets ranging from tin to rare earth oxides. The 100 percent owned East Kemptville Tin Project is actively being explored and contains tin and indium as well as copper, zinc and lithium. The project is undergoing a preliminary economic assessment to guide its development. The company also has three pipeline projects that will receive additional attention in the future.
An experienced and knowledgeable management team leads the company. Bubar, CEO and professional geologist, has worked in the mining industry since 1977 and has led Avalon Advanced Materials since 1995. Jim Andersen, CFO, brings 30 years of experience in corporate finance to guide the company’s development. Andersen is joined by Cindy Hu, chartered professional accountant and controller, who has experience in wealth management for both public and private companies. The technical team Includes Zeeshan Syed, VP, External Affairs with resource experience in Alberta and previous experience in government. He is joined by senior metallurgist Georgi Doundarov who has over 30 years of extensive managerial, operations, technical experience worldwide, and manager of ESG and sustainability Amiel Blajchman who has over 19 years’ experience in environmental and social impact assessment and community engagement.
The high-grade lithium project has the potential to supply two distinct lithium markets: glass-ceramics and energy storage. The project covers 9,172 acres and is 100 percent owned by Avalon Advanced Materials. The company is currently conducting a feasibility study and exploring the property for additional lithium pegmatite resources.
Based on this resource, Avalon Advanced Materials is developing Ontario’s first lithium refinery. Its production strategically aligns with the Ontario Critical Minerals strategy that supports green solutions and local economic opportunities. Once in production, this facility can help develop a secure, domestic supply for this critical mineral.
Avalon Advanced Materials is leading sustainability solutions through its lithium petalite deposit in Northwestern Ontario. It has the capacity of serving both the global glass-ceramics industry and the electrification sector. The ability to process this mineral to make several products provides opportunities for multiple revenue streams.
Located in Nova Scotia, the 100 percent owned East Kemptville Tin Project covers 10,000 acres of promising tin and indium deposits. Tin is required in multiple emerging technologies and is considered the most impacted by them, as it is required in renewable energies, robotics, and EVs.
The projects above are receiving most of the company’s focused attention, but it also holds three other assets for future exploration and development.
President and CEO Don Bubar is a geologist with over 40 years of experience in mineral exploration and development in Canada. Bubar has a bachelor’s of science degree from McGill University and a master’s of science from Queen’s University. From 1984 to 1994, he worked for Aur Resources as exploration manager and later vice president of exploration. Bubar has been president and CEO of Avalon Advanced Materials since 1995. He served as a director of the Prospectors and Developers Association of Canada (PDAC) for nine years and chair of its Aboriginal Affairs Committee from its creation in December 2004 until retiring from the PDAC board in March 2013. Throughout his career, he has been an advocate for increased Indigenous participation in the mineral industry, first through the PDAC, and later through the NWT and Nunavut Chamber of Mines. In addition, Bubar serves on the Advisory Board to the Faculty of Science of McGill University and on the board of directors of PDAC's earth science education program; Mining Matters.
Jim Andersen is a chartered professional accountant with 30 years of experience in the mining industry. He graduated with high distinction from the University of Toronto with a bachelor’s of commerce degree, then started his career with the mining services team at Coopers & Lybrand in Toronto, Ontario. He received his chartered accountant designation in 1993, after having placed 20th in Ontario on the 1992 Uniform Final Exam. Andersen began his own accounting practice in 1994 and was in charge of Avalon Advanced Material's audit from 1996 to 2000, prior to joining the company as its CFO in 2001.
Cindy Hu joined Avalon Advanced Materials in 2007, prior to which she was a senior manager with the accounting firm Andersen & Company. She is a chartered professional accountant with over 20 years of experience in public accounting practice and financial reporting, primarily for junior public companies and private wealth management portfolios. Hu earned her bachelor’s of commerce degree from Laurentian University in 1996.
Georgi Doundarov has over 30 years of extensive managerial, operations, technical, project, and financial experience in Canada, Europe, and Asia. His experience covers the whole life cycle of a mine from studies, engineering, construction, commissioning and operations to closure. In addition, he has in-depth technical expertise in process engineering, plant design, construction, commissioning and closure, project and operations management, plant evaluation and optimization, NI 43-101 compliant feasibility studies, metallurgical testing. He also has expertise in research and development for base, precious, ferrous, and specialty metals and industrial minerals. Qualified Person under NI 43-101, Professional Engineer of Ontario, Certified Project Management Professional (PMP) under the PMI, Certified Cost Professional (CCP) under the AACEI.
Zeeshan Syed is a graduate of the London School of Economics with a master’s of comparative politics and economics degree. He has over fifteen years of multi-sector executive leadership and brings deep expertise as an international business development expert, climate change negotiator, nonprofit founder, and natural resources regulator. This provides Syed with a unique perspective of an energy system increasingly marked by change and disruption. Prior to joining Avalon Advanced Materials in 2019, Syed was focused on public-private partnerships and management in public service, the nonprofit sector, and politics. He has served in the Office of the Prime Minister, with the Government of Alberta, and with the United Nations Secretariat.
Amiel Blajchman is a professional agrologist and a Canadian expert in environmental and social impact assessment and community engagement. He has over 19 years’ experience working for private sector clients, Indigenous communities, government agencies, mining companies. Blajchman has experience working with international multilateral banks in managing the environmental, social, and governance (ESG) risks of complex, high-profile projects.
Blajchman refined his expertise during senior roles leading Cedar Water Strategy, an ESG consulting firm. He served as lead sustainability executive with multiple mining companies, managing more than 50 employee departments with annual budgets of greater than US$14 million. Amiel has delivered impact assessment training to industry, community, and government, serving as a senior advisor to federal Deputy Ministers. He has a strong reputation for success in the industry with a proven track record managing natural resource sector projects. Blajachman has experience working in over nine countries on four continents and is fluent in both French and English. Currently, he is the vice chair of Ve’ahavta: Jewish Humanitarian Response, chair of Ve'ahavta risk management and governance committees, and has served on various other charitable boards. Bajchman has also been involved in developing domestic emission trading regulations and greenhouse gas (GHG) offset systems.
Amin Dhillon joins Avalon after a decade working in national media. She has extensive experience working with brands and media outlets to create and produce digital media content and branded communications. Her media work specializes in sharing stories that focus on diversity and inclusion. Dhillon graduated from the University of Manitoba with a degree in commerce.
Company Executives Share Vision and Answer Questions Live at VirtualInvestorConferences.com
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Battery Metals Virtual Investor Conference to be held on August 23 rd .
Individual investors, institutional investors, advisors, and analysts are invited to attend this virtual event showcasing live executive presentations from companies addressing worldwide opportunities in battery and technology metals.
REGISTER NOW AT : https://bit.ly/3dFIr88 It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations and schedule 1x1 meetings with management.
"OTC Markets is excited to host the upcoming Battery and Technology Metals Virtual Investor Conference," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "We appreciate the collaboration of our co-sponsor Independent Investment Research and look forward to strategic discussions from leaders on the forefront of this industry."
To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com .
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
Media Contact: OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com
Virtual Investor Conferences Contact: John M. Viglotti SVP Corporate Services, Investor Access OTC Markets Group (212) 220-2221 johnv@otcmarkets.com
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Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to provide an update on its preparations for the installation and commissioning of its demonstration Dense Media Separation ("DMS") plant for the Separation Rapids Lithium Project north of Kenora, Ontario.
Roadwork and site preparation work for the installation and commissioning of the DMS plant have commenced at the Avalon Quarry site along the Avalon Road to the Separation Rapids project site. The Avalon Quarry site is a permitted Aggregate Quarry located approximately 2 km north of the Sand Lake Road and approximately 7 km south of the project site. Aggregate for the road work will be produced at this Quarry as part of an initiative to prepare the road for heavy equipment transport and to prepare the site for the DMS plant installation.
The aggregate production, road repairs, site preparation and bulk sample crushing and hauling is being done by SOW Construction Limited Partnership, a joint venture between Moncrief Construction Limited, a large Kenora-based construction contractor and Wabaseemoong Independent Nations, in whose traditional territory the Project is located. This work is now underway and is expected to be completed later this summer.
The 5,000 tonne bulk sample collected from the project site in 2021 will now be crushed and returned to the Quarry site as initial feed for the DMS Plant to begin producing petalite concentrate product samples for the many international glass-ceramic manufacturers that have expressed interest. The plant will also be used to produce potential by-products including rubidium bearing K-feldspars which are also used in certain ceramic applications. Installation of the demonstration DMS plant is expected to begin this fall with the plant expected to be operational by Spring 2023.
Meanwhile, the Company continues to progress towards acquisition of an industrial site in Thunder Bay that would be the location for establishing the Company's planned regional lithium battery materials refinery. An appropriate site has been identified and an offer made with the acquisition expected to be completed in September, once debt financing has been arranged.
About The SOW Construction Limited Partnership The SOW Construction Limited Partnership ("SOWCLP") is a Registered Aboriginal Business Partnership, established in August 2016 between Wabaseemoong Independent Nations ("WIN") and Moncrief Construction Limited ("MCL"). The name is derived from the three First Nations that comprise Wabaseemoong Independent Nations - Swan Lake, One Man Lake, and Whitedog. The mandate of the Partnership is to work with WIN to offer construction services and employment opportunities within their Traditional Land Use Area. SOWCLP provides services in aggregate production, highway and roadbuilding, bridges and culvers, dams, concrete work, rock and earth excavating and grading, clearing and brushing and heavy equipment and truck rentals.
About Avalon Advanced Materials Inc. Avalon Advanced Materials Inc. is a Canadian mineral development company specializing in sustainably-produced materials for clean technology. The Company now has four advanced stage projects, providing investors with exposure to lithium, tin and indium, as well as rare earth elements, tantalum, cesium and zirconium. Avalon is currently focusing on developing its Separation Rapids Lithium Project near Kenora, Ontario while continuing to advance other projects, including its 100%-owned Lilypad Cesium-Tantalum-Lithium Project located near Fort Hope, Ontario. Social responsibility and environmental stewardship are corporate cornerstones.
For questions and feedback, please e-mail Avalon President and CEO, Donald Bubar, at ir@AvalonAM.com.
This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements about preparations for the installation and commissioning of Avalon's demonstration Dense Media Separation ("DMS") plant, that aggregate for the road work will be produced at the Quarry, that aggregate production, road repairs, site preparation and bulk sample crushing and hauling is expected to be completed later this summer, that the bulk sample collected from the project site in 2021 will be crushed and returned to the Quarry site as initial feed for the DMS Plant to begin producing petalite concentrate product samples, that the plant will also be used to produce potential by-products, that installation of the demonstration DMS plant is expected to begin this fall with the plant expected to be operational by Spring 2023, and that acquisition of an industrial site in Thunder Bay for the Company's planned regional lithium battery materials refinery is expected to be completed in September, once debt financing has been arranged . Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "potential", "scheduled", "anticipates", "continues", "expects" or "does not expect", "is expected", "scheduled", "targeted", "planned", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be" or "will not be" taken, reached or result, "will occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Avalon to be materially different from those expressed or implied by such forward-looking statements. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. Although Avalon has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to market conditions, and the possibility of cost overruns or unanticipated costs and expenses as well as those risk factors set out in the Company's current Annual Information Form, Management's Discussion and Analysis and other disclosure documents available under the Company's profile at www.SEDAR.com. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Such forward-looking statements have been provided for the purpose of assisting investors in understanding the Company's plans and objectives and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking statements. Avalon does not undertake to update any forward-looking statements that are contained herein, except in accordance with applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/134068
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EmergingGrowth.com a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth Companies and Markets announces the Schedule of the 33 rd Emerging Growth Conference.
The Emerging Growth Conference identifies companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth.
Register for the conference here.
Submit your Questions in advance to: Questions@EmergingGrowth.com Be sure to reference the Company the question is directed to.
The schedule for June 22, 2022, is as follows:
(All times are Eastern Time Zone)
We may see some schedule changes on Wednesday. To stay current on the schedule, please follow us on Twitter: https://twitter.com/EmergingGrowthC
10:00 – 10:30 Awakn Life Sciences (OTCQB: AWKNF) CEO, Anthony Tennyson
10:30 – 11:00 Avicanna, Inc. (OTCQX AVCNF) (TSX: AVCN) CEO, Aras Azadian
11:00 – 11:30 Pervasip Corp., (OTC Pink: PVSP) President & CEO, German Burtscher
11:30 – 12:15 Avalon Advanced Materials Inc (OTCQB: AVLNF) (TSX: AVL) President & CEO, Don Bubar
12:30 – 1:00 ProText Mobility, Inc. / RSAMMD Acquisitions LLC. (OTC Pink: TXTM) CEO & Founder, Dylon Du Plooy
1:00 – 3:00 Bergio International, Inc. (OTC Pink: BRGO) CEO, Berge Abajian
All interested in attending should visit the following link to register. You will then receive an email containing the link and time to sign into the conference.
Register for the conference here.
Submit your Questions in advance to: Questions@EmergingGrowth.com Be sure to reference the Company the question is directed to.
We may see some schedule changes on Wednesday. To stay current on the schedule, please follow us on Twitter: https://twitter.com/EmergingGrowthC
These exciting virtual conferences are like attending an "in person" event, you can sign in and out as often as you like.
Founded in 2009, Emerging Growth.com quickly became a leading independent small cap media portal. Over the years, it has developed an extensive history of providing unparalleled content, in identifying emerging growth companies and markets that can be overlooked by the investment community.
The next step in its evolution is the Emerging Growth Conference.
About the Emerging Growth Conference
The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services and other major announcements to the investment community from the convenience of their office, in an effective and time efficient manner.
The audience includes potentially tens of thousands of Individual and Institutional investors, as well as Investment advisors and analysts.
All Conferences are first announced on Twitter – Follow us on Twitter
All Conference replays emerge on our YouTube Channel – Subscribe to our YouTube Channel
All sessions will be conducted through video webcasts and will take place in the Eastern time zone. Our conference serves as a vehicle for Emerging Growth to build relationships with our existing and potential clients. Accordingly, a certain number of the presenting companies are our current clients, and some may become our clients in the future. In exchange for services we provide, our clients pay us fees in the form of cash and securities, and we may currently have, or in the future may have investments in the securities of certain of the presenting companies. Finally, certain of the presenting companies have paid us a fee to secure a presentation time slot or to present generally. The presentations to be delivered by the presenting companies (including any handouts of written materials) have not been approved, endorsed by or otherwise reviewed by EmergingGrowth.com nor should they in any way be construed to have been made in connection with an offer to sell or a solicitation of an offer to buy securities. Please consult an investment professional before investing in anything viewed on the Emerging Growth Conference or on EmergingGrowth.com.
If you believe your company, product or service is at the cusp of going mainstream, or you have an idea for an "Emerging Growth" company that might fit our model, contact us here.
Thank you for your interest in our conference, and we look forward to your participation in future conferences.
Emerging Growth Phone: 1-305-330-1985 Email: Conference@EmergingGrowth.com
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UPDATED BROADCASTER SCHEDULE: On national TV Sat. June 4 & Sun. June 5, 2022 - BTV-Business Television showcases emerging companies in the markets.
Discover Companies to Invest In - Click company name to watch their TV feature:
Dolly Varden Silver Corp. (TSXV: DV) (OTCQX: DOLLF) - BTV goes to see Dolly Varden as they advance one of the largest high-grade, undeveloped precious metal assets in BC's Golden Triangle.
Li-Metal Corp. (CSE: LIM) (OTC Pink: LIMFF) - With a battery technology future just around the corner, BTV learns how this company plans to tackle the growing supply chain issues the EV market presents.
PopReach Corporation (TSXV: POPR) (OTCQX: POPRF) - BTV visits PopReach, a digital media consolidator that's providing investors with exposure to a complementary portfolio of high digital assets.
E3 Lithium (TSXV: ETMC) (OTCQX: EEMMF) - BTV discovers how E3's Direct Lithium Extraction (DLT) technology allows them to recover lithium efficiently and sustainably to service this burgeoning new economy.
Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) - As consumers make the switch to electric vehicles, lithium demand rises. BTV explores how Avalon looks to establish Ontario's first regional lithium battery materials refinery.
On air for more than 20 years, BTV - Business Television, a half-hour investment TV show, features analysts and emerging companies at their location. With Hosts, Taylor Thoen and Jessica Katrichak, BTV shares investment opportunities with viewers.
TV BROADCAST NETWORKS and TIMES: CANADA:
BNN Bloomberg - Saturday June 4 @ 8:00pm ET, Sunday June 5 @ 5:30pm ET Bell Express Vu - Saturday June 4 @ 8:00pm ET, Sunday June 5 @ 5:30pm ET
US National TV: Biz Television Network - Sun June 5 @ 8:30am ET
Suggest a Company to Feature! Contact: (604) 664-7401 x3 info@b-tv.com To receive BTV news, click here to subscribe.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/126357
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On national TV Sat. May 28 & Sun. May 29, 2022 - BTV-Business Television showcases emerging companies in the markets.
Discover Companies to Invest In - Click company name to watch their TV feature:
Dolly Varden Silver Corp. (TSXV: DV) (OTCQX: DOLLF) - BTV goes to see Dolly Varden as they advance one of the largest high-grade, undeveloped precious metal assets in BC's Golden Triangle.
Li-Metal Corp. (CSE: LIM) (OTC Pink: LIMFF) - With a battery technology future just around the corner, BTV learns how this company plans to tackle the growing supply chain issues the EV market presents.
PopReach Corporation (TSXV: POPR) (OTCQX: POPRF) - BTV visits PopReach, a digital media consolidator that's providing investors with exposure to a complementary portfolio of high digital assets.
E3 Metals Corp. (TSXV: ETMC) (OTCQX: EEMMF) - BTV discovers how E3's Direct Lithium Extraction (DLT) technology allows them to recover lithium efficiently and sustainably to service this burgeoning new economy.
Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) - As consumers make the switch to electric vehicles, lithium demand rises. BTV explores how Avalon looks to establish Ontario's first regional lithium battery materials refinery.
On air for more than 20 years, BTV - Business Television, a half-hour investment TV show, features analysts and emerging companies at their location. With Hosts, Taylor Thoen and Jessica Katrichak, BTV shares investment opportunities with viewers.
TV BROADCAST NETWORKS and TIMES:
CANADA: BNN Bloomberg - Saturday May 28 @ 8:00pm ET, Sunday May 29 @ 4:30pm ET Bell Express Vu - Saturday May 28 @ 8:00pm ET, Sunday May 29 @ 4:30pm ET
US National TV: Biz Television Network - Sun June 5 @ 8:30am ET
Suggest a Company to Feature! Contact: (604) 664-7401 x3 info@b-tv.com To receive BTV news, click here to subscribe.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/125338
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This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.
This release is being made by Randy Johnson to report information concerning holdings of Mr. Johnson and Orca Holdings, LLC (collectively, the "Acquiror") in Ucore Rare Metals Inc. (the "Issuer" or "Ucore"). Orca Holdings, LLC ("Orca") is wholly owned by Mr. Johnson, serving as a holding company for Mr. Johnson's securities holdings. Mr. Johnson has been a director of Ucore since October 6, 2020.
On August 16, 2022, the TSX Venture Exchange approved and Ucore issued 2 million common share purchase warrants ("Warrants") to Orca, with each Warrant entitling Orca to acquire one common share of the Company at an exercise price of CAD$0.75 during a term ending on July 20, 2023. The issuance of these Warrants was in consideration for Orca providing Ucore with a secured line of credit facility (the "Line of Credit") in the amount of up to USD$2 million, as detailed in the Ucore's news release dated July 21, 2022. Drawdowns on the Line of Credit will be available in multiples of USD$100,000 and will carry interest at a rate of 9 percent per annum. All amounts owing under the Line of Credit will be repayable by maturity, which is six months from the execution date of the Line of Credit (Jan. 20, 2023), unless such repayment is accelerated due to the Company's completion of an equity financing on terms acceptable to the Company and the investor(s). The Line of Credit is secured by a general security agreement over the assets of the Company. Orca has been a secured creditor of the Company since March 30, 2019 when Orca provided a term loan to Ucore. That term loan, as amended and currently bearing interest at 9%, had principal and accrued interest owing of CAD$1,100,071 as at March 31, 2022 (the end of Q2 2022) and is due for repayment on November 30, 2023.
Immediately prior to the issuance of the Warrants, the Acquiror directly or indirectly held beneficial ownership of, and control and direction over, a total of 5,092,406 common shares, 1,000,000 warrants, and 765,000 options, representing approximately 10.37% of the issued outstanding common shares (on a non-diluted basis) or approximately 13.49% upon the exercise of the warrants and the options (on a partially diluted basis, which assumes the exercise of all of the warrants and the options beneficially owned by Mr. Johnson, and that no other securities, including those convertible into or, exercisable for, the Company's securities, are issued, converted or exercised).
Immediately following the issuance of the 2 million Warrants the Acquiror directly or indirectly held beneficial ownership of, and control and direction over, a total of 5,092,406, common shares, 3,000,000 warrants, and 765,000 options, representing approximately 10.37% of the issued and outstanding common shares (on a non-diluted basis) or approximately 16.76% upon the exercise of the warrants and the options (on a partially diluted basis). Of the 765,000 options that Mr. Johnson currently holds, 500,000 options (with an exercise price of $2.65 per common share) are expected to expire out-of-the-money on August 21, 2022.
The securities referred to above were acquired for investment purposes and not for the purpose of exercising control or direction over the Issuer. The Acquiror may, from time to time, increase or decrease its shareholdings or continue to hold the Issuer's securities as the Acquiror may determine appropriate in the normal course of investment activities.
The Acquiror is an "accredited investor" within the meaning of Rule 501(a) of Regulation D under the United States Securities Act of 1933, as amended ("1933 Act")) and acquired the securities referred to above pursuant to available exemptions from registration under the 1933 Act and applicable state securities laws. In regard to National Instrument 45-106 "Prospectus Exemptions", the Warrants were issued pursuant to the prospectus exemption found at section 2.24 of that instrument.
The Issuer is located in 210 Waterfront Drive, Suite 106, Bedford, Nova Scotia, Canada B4A 0H3, and the Acquiror is located in P.O. Box 8158, Ketchikan, Alaska, USA, 99901. A copy of the report filed under applicable Canadian securities laws by the Acquiror in connection with the transactions referred to in this press release may be obtained from the Acquiror via email (tomc@tylerrental.com) or telephone (907-228-5379), or on the SEDAR profile of the Issuer at www.sedar.com.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/134250
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Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (" Fortune " or the " Company ") ( www.fortuneminerals.com ) is pleased to announce that, further to the company's news release dated August 16, 2022, it has executed definitive documentation with the holders of its debentures issued in 2015 (the " 2015 Debentures ") to extend their maturity date from August 12, 2022 to November 30, 2022.
The amended and restated debentures (the " Amended Debentures ") have an aggregate principal amount of $12,363,518, being the total principal amount and all accrued interest on the 2015 Debentures as at August 12, 2022, bear interest at a rate of 10% per annum for the extension period and are secured by all of the assets of the Company (including the NICO cobalt-gold-bismuth-copper project (" NICO Project ")). As additional consideration for the extension of the maturity date, the Company has issued to the holders of the Amended Debentures an aggregate of 3,500,000 common shares of the Company. The shares are subject to a hold period of four months and one day from the date of issuance.
Fortune is a Canadian mining company focused on developing the NICO Project in the Northwest Territories and Alberta. Fortune also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 km north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator.
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This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities legislation. This forward-looking information includes statements with respect to, among other things, the issuance of the Amended Debentures and the Company's plants to develop the NICO Project. Forward-looking information is based on the opinions and estimates of management as well as certain assumptions at the date the information is given (including, in respect of the forward-looking information contained in this press release, assumptions regarding: the Company's ability to secure the necessary financing to repay the Amended Debentures; the Company's ability to complete construction of a NICO Project refinery; the Company's ability to arrange the necessary financing to continue operations and develop the NICO Project; the receipt of all necessary regulatory approvals for the extension shares and the construction and operation of the NICO Project, including the planned NICO cobalt-gold-bismuth-copper mine and concentrator and the timing thereof; growth in the demand for cobalt; the time required to construct the NICO Project; and the economic environment in which the Company will operate in the future, including the price of gold, cobalt and other by-product metals, anticipated costs and the volumes of metals to be produced at the NICO Project). However, such forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include the risks that the COVID-19 pandemic or global geopolitical situations may interfere with the Company's ability to continue development of the NICO Project; the Company may not be able to secure financing to repay the Amended Debentures; the Company may not be able to finance and develop NICO on favourable terms or at all, uncertainties with respect to the receipt or timing of required permits, approvals and agreements for the development of the NICO Project, including the related hydrometallurgical refinery, the construction of the NICO Project may take longer than anticipated, the Company may not be able to secure offtake agreements for the metals to be produced at the NICO Project, the Sue-Dianne Property may not be developed to the point where it can provide mill feed to the NICO Project, the inherent risks involved in the exploration and development of mineral properties and in the mining industry in general, the market for products that use cobalt or bismuth may not grow to the extent anticipated, the future supply of cobalt and bismuth may not be as limited as anticipated, the risk of decreases in the market prices of cobalt, bismuth and other metals to be produced by the NICO Project, discrepancies between actual and estimated Mineral Resources or between actual and estimated metallurgical recoveries, uncertainties associated with estimating Mineral Resources and Reserves and the risk that even if such Mineral Resources prove accurate the risk that such Mineral Resources may not be converted into Mineral Reserves once economic conditions are applied, the Company's production of cobalt, bismuth and other metals may be less than anticipated and other operational and development risks, market risks and regulatory risks. Readers are cautioned to not place undue reliance on forward-looking information because it is possible that predictions, forecasts, projections and other forms of forward-looking information will not be achieved by the Company. The forward-looking information contained herein is made as of the date hereof and the Company assumes no responsibility to update or revise it to reflect new events or circumstances, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220818005142/en/
Fortune Minerals Limited Troy Nazarewicz Investor Relations Manager info@fortuneminerals.com Tel: (519) 858-8188 www.fortuneminerals.com
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ACME Lithium Inc. (CSE: ACME) (OTCQX: ACLHF) based in Vancouver, British Columbia, Canada focused on lithium exploration today announced that Stephen Hanson, CEO will present live at VirtualInvestorConferences.com on August 23rd, 2022. This battery metals focused event is co-sponsored by Virtual Investor Conferences and Independent Investment Research LLC.
DATE: August 23rd, 2022 TIME: 11:30 AM ET LINK: https://bit.ly/3JSF8GE Available for 1x1 meetings: August 24 th , 25 th , 26 th
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.
Learn more about the event at www.virtualinvestorconferences.com .
About ACME Lithium Inc. Led by an experienced team, ACME Lithium is a mineral exploration Company focused on acquiring, exploring, and developing battery metal projects in partnership with leading technology and commodity companies. ACME has acquired or is under option to acquire a 100-per-cent interest in projects located in Clayton Valley and Fish Lake Valley, Esmeralda County Nevada, and at Cat-Euclid and Shatford Lakes in southeastern Manitoba.
About Virtual Investor Conferences ® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
ACME Lithium Inc Stephen Hanson Chief Executive Officer, President and Director +1 (604) 564-9045 info@acmelithium.com
Virtual Investor Conferences John M. Viglotti SVP Corporate Services, Investor Access OTC Markets Group (212) 220-2221 johnv@otcmarkets.com
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TinOne Resources. Inc. (TSXV: TORC) (OTCQB: TORCF) (FRA: 57Z0) (" TinOne " or the " Company ") is pleased to announce that it has qualified to trade on the OTCQB® Venture Market in the United States and its common shares are now trading on the OTCQB under the ticker symbol "TORCF". TinOne will continue to trade on the TSX Venture Exchange in Canada under the symbol "TORC" and on the Frankfurt Exchange under the symbol "57Z0".
" TinOne's entry onto the OTCQB marks another milestone in the Company's growth ," said Chris Donaldson , Executive Chairman. " We are very excited to start trading on the OTCQB, which will increase exposure and liquidity for TinOne in the United States ".
TinOne is a TSX Venture Exchange listed Canadian public company with a high-quality portfolio of tin projects in the Tier 1 mining jurisdictions of Tasmania and New South Wales, Australia . The Company is focussed on advancing its highly prospective portfolio while also evaluating additional tin opportunities. TinOne is supported by Inventa Capital Corp.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain "Forward‐Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward‐looking information" under applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "would", "could", "schedule" and similar words or expressions, identify forward‐looking statements or information. These forward‐looking statements or information relate to, among other things: the development of the Company's projects, including drilling programs and mobilization of drill rigs; future mineral exploration, development and production; the release of drilling results; and completion of a drilling program.
Forward‐looking statements and forward‐looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of TinOne, future growth potential for TinOne and its business, and future exploration plans are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of gold and other metals; no escalation in the severity of the COVID-19 pandemic; costs of exploration and development; the estimated costs of development of exploration projects; TinOne's ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.
These statements reflect TinOne's respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward‐looking statements or forward-looking information and TinOne has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the Company's ability to meet the continued listing requirements of markets on which the Company's securities are traded; the Company's dependence on early stage mineral projects; metal price volatility; risks associated with the conduct of the Company's mining activities in Australia ; regulatory, consent or permitting delays; risks relating to reliance on the Company's management team and outside contractors; risks regarding mineral resources and reserves; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of COVID-19; the economic and financial implications of COVID-19 to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company's interactions with surrounding communities and artisanal miners; the Company's ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption "Risk Factors" in TinOne's management discussion and analysis. Readers are cautioned against attributing undue certainty to forward‐looking statements or forward-looking information. Although TinOne has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. TinOne does not intend, and does not assume any obligation, to update these forward‐looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2022/17/c9344.html
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ACME Lithium Inc. (CSE: ACME) (OTCQB: ACLHF) (the "Company", or "ACME") is pleased to report positive sample results from the recently drilled DH-1 hole at its Clayton Valley lithium brine project located in Esmeralda County, Nevada. The Company's significant new lithium discovery has initiated Phase 2 planning and procurement of an expanded drilling and pump test program.
DH-1 was drilled to a total depth of 1400 feet (427) meters below ground surface and intersected multiple productive horizons including the targeted basal gravel aquifer at an approximate depth of 1,250 feet (381 meters) below ground surface (bgs).
Samples of brine were taken from DH-1 at various intervals and were sent to an independent lab and analyzed for lithium and other elements typical of lithium enriched brine systems. Target sampling zones and depths were based on the results of the geophysical surveys, interpretations of the drilled lithology, and field observations including fluid conductivity and salt precipitation on the exposed core.
The following provides a summary and preliminary assessment of the laboratory analytical results and lithium assays from DH-1:
Lithium Concentrations Across Test Intervals
Figure 1 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/7776/134080_18a407ae047cfb3e_003full.jpg
Additional aquifers were intercepted above the basal gravel layer including the main ash layer which is believed to be one of the targeted production horizons of Albemarle's neighbouring Silver Peak lithium project.
A preliminary assessment of major contacts encountered in DH-1 as they may apply to those described in regional historical data is provided below:
Geologic and geophysical data including sample results will help identify specific horizons to be tested in a Phase 2 drill program which will include a separate, larger diameter test well (TW-1) for completion of brine aquifer permeability testing and sampling. Phase 2 will also include up to three (3) new exploration holes DH-1A, DH-2, and DH-3 with objectives to examine deeper horizons through zonal isolated testing, assess stratigraphy, and the potential for continuity between the stratigraphic units encountered in DH-1. The Phase 2 exploration holes will be completed with grouted in vibrating wire piezometers which will be used to monitor aquifer response during future pumping test. Phase 2 is expected to commence during the 4th quarter of 2022 subject to further permitting and availability of drilling equipment and services.
Based on prior Clayton Valley drilling experience intercepting a high-flow brine horizon marking the gravel/bedrock contact, ACME's team is particularly focussed on advancing drilling to test this highly prospective brine zone.
ACME's Clayton Valley, Nevada lithium brine project is contiguous to the northwest of Albermarle's Silver Peak lithium deposit which has been in production since 1966. Located in one of the best resource jurisdictions in the world, Clayton Valley is the only lithium producing region in the United States.
ACME is well funded by strategic investors and positioned to complete its exploration and development objectives thru the near term with the goal of providing a domestic supply of lithium to the US and Canadian markets.
Analytical Quality Assurance & Quality Control
All analytical data reported in this news release were generated by Western Environmental Testing Laboratory ("WETLAB") of Sparks, Nevada. WETLAB is accredited by the Nevada State Division of Environmental Protection for determination of lithium, magnesium and other elements in non-potable water by EPA method 200.7. Analytical results for investigative samples met laboratory quality assurance and quality control criteria.
ACME's project location adjacent to or nearby lithium brine projects does not guarantee exploration success or that mineral resources or reserves will be defined on ACME's properties. Exploration, development, and activities conducted by regional companies provide assistance and additional data for exploration work being completed by ACME.
William Feyerabend, Certified Professional Geologist, is a qualified person as defined by NI 43-101 and has supervised the preparation of the scientific and technical information that forms the basis for this news release.
Led by an experienced team, ACME Lithium is a mineral exploration Company focused on acquiring, exploring, and developing battery metal projects in partnership with leading technology and commodity companies. ACME has acquired or is under option to acquire a 100-per-cent interest in projects located in Clayton Valley and Fish Lake Valley, Esmeralda County, Nevada, and at Cat-Euclid and Shatford Lakes in southeastern Manitoba.
On behalf of the Board of Directors
Steve Hanson Chief Executive Officer, President and Director Telephone: (604) 564-9045 info@acmelithium.com
Neither the CSE nor its regulations service providers accept responsibility for the adequacy or accuracy of this news release. This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur and in this news release include but are not limited to the attributes of, timing for and expected benefits to be derived from exploration, drilling or development at ACME's project properties. Information inferred from the interpretation of drilling, sampling and other technical results may also be deemed to be forward-looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from the Company's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/134080
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Coquitlam, BC TheNewswire - August 17, 2022 - Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the "Company" or "Canada Silver Cobalt") announces the appointment of Gerhard Kiessling, P.Geo., as Vice President Exploration, succeeding Matthew Halliday, P.Geo., who will continue as President and Chief Operating Officer.
Mr. Kiessling joined Canada Silver Cobalt in 2020 as an exploration geologist and was later promoted to Exploration Manager. Prior to that, he gained valuable geological exploration experience working for several companies across Canada including Agnico Eagle, Kirkland Lake Gold, First Cobalt, and McEwen Mining. He graduated from the University of Waterloo in 2016 with a Bachelor of Science (Honors), majoring in Earth Science. Growing up in northern Ontario, he was surrounded by mining for most of his life. He is a practising member of the Professional Geoscientists of Ontario (PGO).
"We welcome Gerhard to a more senior role at Canada Silver Cobalt. His extensive knowledge of the geology of northern Ontario is a major plus for us. In addition to his most recent work at Castle East, he has participated in several exploration projects in the area focused on a variety of metals and geological structures which will be important as we ramp up exploration at the Eby-Otto gold property near the high-grade Macassa Gold Mine just south of Kirkland Lake, Ontario and about 90 kilometers north of our Castle Mine property," said Matthew Halliday, P.Geo., President and COO.
About Canada Silver Cobalt Works Inc.
Canada Silver Cobalt Works Inc. recently discovered a major high-grade silver vein system at Castle East located 1.5 km from its 100%-owned, past-producing Castle Mine near Gowganda in the prolific and world-class silver-cobalt mining district of Northern Ontario. The Company has completed a 60,000m drill program aimed at expanding the size of the deposit with an update to the resource estimate underway.
In May 2020, based on a small initial drill program, the Company published the region's first 43-101 resource estimate that contained a total of 7.56 million ounces of silver in Inferred resources, comprising very high-grade silver (8,582 grams per tonne un-cut or 250.2 oz/ton) in 27,400 tonnes of material from two sections (1A and 1B) of the Castle East Robinson Zone, beginning at a vertical depth of approximately 400 meters. Note that mineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to Canada Silver Cobalt Works Press Release May 28, 2020, for the resource estimate. Report reference: Rachidi, M. 2020, NI 43-101 Technical Report Mineral Resource Estimate for Castle East, Robinson Zone, Ontario, Canada, with an effective date of May 28, 2020, and a signature date of July 13, 2020.
The Company also has: (1) 14 battery metals properties in Northern Quebec where it has recently completed an almost 15,000-metre drill program on the Graal property and an airborne VTEM geophysical survey is being conducted at it Lowney-Lac Edouard property; and (2) the prospective 1,000-hectare Eby-Otto gold property close to Agnico Eagle's high-grade Macassa Mine near Kirkland Lake, Ontario where it will be exploring in 2022.
Canada Silver Cobalt's flagship silver-cobalt Castle mine and 78 sq. km Castle Property feature strong exploration upside for silver, cobalt, nickel, gold, and copper. With underground access at the fully owned Castle Mine, an exceptional high-grade silver discovery at Castle East, a pilot plant to produce cobalt-rich gravity concentrates, a processing facility (TTL Laboratories) in the town of Cobalt, and a proprietary hydrometallurgical process known as Re-2Ox (for the creation of technical-grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations), Canada Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space. More information at www.canadasilvercobaltworks.com .
"Frank J. Basa"
Frank J. Basa, P. Eng.
Frank J. Basa, P.Eng.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements which include, but are not limited to, comments regarding the use of proceeds from the Offering and comments that involve other future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address the use of proceeds from the Offering, resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, future financings, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements. A detailed discussion of the risk factors encountered by Canada Silver Cobalt is available in the Company's Annual Information Form dated July 19, 2021 for the fiscal year ended December 31, 2020 available under the Company's profile on SEDAR at www.sedar.com.
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