January 31, 2019 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) is pleased to announce it is working with Eastern Shore Microbes (ESM) of Virginia, USA, to evaluate the potential for enhancing evaporation characteristics of lithium brine at the Hombre Muerto North Lithium Project (HMN) located in Salta and Catamarca Provinces, Argentina. ESM is developing Halophillic Evaporative Applications Technology (HEAT). The process has been utilized to evaporate and clean brines from curing cattle hides and ESM is currently using their collection of over 1300 microbes to adapt the technology to potentially enhance and shorten the production cycle of lithium from brines. Testing will be conducted over the coming months on brine samples from the HMN project at the ESM laboratory in Belle Haven, Virginia. ESM is headed by Dr. Russell Vreeland. Dr. Vreeland is an expert in the microbial ecology of saline environments. He is the co-discoverer of the world’s oldest known bacteria, the 250-million-year-old Virgibacillus strains, extracted from ancient salt crystals found deep in a salt mine outside Carlsbad NM. He has also isolated living microbes from salt cores in Brazil and the oldest know DNA from 412-million-year-old salt from a Detroit Mine. The Company is also in discussions with two developers of alternative extraction technologies. NRG is committed to evaluating all aspects of potential lithium production including those that may allow for a shortened production cycle. NRG recently filed a report titled, “Initial Measured Lithium and Potassium Resource Estimate Hombre Muerto North Project, Salta and Catamarca Provinces, Argentina.” The report was completed in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, on behalf of the Company by independent consultants Montgomery and Associates, of Santiago Chile. The report identifies 571,000 tonnes of Lithium Carbonate Equivalent at a grade of 756 parts per million lithium in the combined Measured and Indicated categories, with a low magnesium to lithium ratio of 2.6 to 1.0 (October 3, 2108 press release) that will be used in the completion of the Preliminary Economic Assessment (PEA). The HMN Project is strategically located in the Hombre Muerto Salar, an area of active lithium production by FMC at the Fenix lithium mine, some 12 kilometers south of the project area. The project is surrounded by ground now owned by POSCO, a Korean based lithium producer, as a result of its US$ 280 million purchase of the area from Galaxy Resources Ltd, an Australian based producer. Galaxy is also moving their portion of the Hombre Muerto Salar, the Sal de Vida Project, to lithium production. On behalf of the board of directors of NRG Metals Inc.: Adrian F. C. Hobkirk, T: Investors / Shareholders Call 855-415-8100 / Direct to Adrian Hobkirk 714.316.3272 The TSX Venture Exchange has not reviewed the content of this news release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this news release. This news release contains certain “forward-looking statements” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward-looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. We seek safe harbor. via NRG Metals Inc. | Energy Metals Exploration | Junior Mining Corporation http://bit.ly/2Gej6zm
0 Comments
Vancouver, British Columbia / January 28, 2019 / NRG Metals Inc. (“NRG” or the “Company”) (TSXV: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) is pleased to announce that it has entered into two consulting agreements and has closed a non-brokered private placement issuing a total of 3,750,000 units at $0.08 per unit for aggregate gross proceeds of $300,000. Each unit consists of one common share of the Company and one transferable common share purchase warrant exercisable at $0.16 per common share for a period of two years. The Company has entered into consulting agreements with Market IQ Media Group Incorporated (Market IQ) and Axe Communications Inc. (Axe). Each of Market IQ and Axe were retained to provide digital marketing primarily using Google ads, digital media, corporate advisory, branding and strategic business services to the Company over a four-month period for consideration of $225,000 to Market IQ and $75,000 to Axe. The Company prepaid the total amount of $300,000 to these two entities using cash on hand. Market IQ is located in Vancouver, BC, and owned by Brady Middleditch. Axe is located in Vancouver, BC, and owned by Chris Jackson. Subsequent to the entry into the consulting agreements, Market IQ and Axe subscribed for 3,750,000 units of the Company in the previously announced private placement for total subscription amount of $300,000. The Company has received full payment for the private placement units from these two entities by cheque. On behalf of the board of directors of NRG Metals Inc.: Adrian F. C. Hobkirk, T: Investors / Shareholders Call 855-415-8100 / Direct to Adrian Hobkirk 714.316.3272 The TSX Venture Exchange has not reviewed the content of this news release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this news release. This news release contains certain “forward-looking statements” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward-looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. We seek safe harbor. via NRG Metals Inc. | Energy Metals Exploration | Junior Mining Corporation http://bit.ly/2sSkOyf via New Gold Press Releases http://bit.ly/2DEPYQ6 January 23, 2019 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX‐V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) has repriced certain warrants as approved by the TSX Venture Exchange, until February 17, 2019. All warrants with an exercise price of 20 cents or higher (excluding finders’ warrants), listed in the attached table, will be repriced to 11 cents for a period of 30 days, commencing from the date of exchange approval. Warrant holders will have the option of exercising their warrants during this time period. At the end of the 30-day period, warrants not exercised will revert to their original exercise prices. During the 30-day period, all warrants listed below will be subject to a Forced Exercise Provision whereby if the closing price of the shares of the Company is greater than $0.1375 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day.z
Adrian F. C. Hobkirk, T: Investors / Shareholders Call 855-415-8100 / Direct to Adrian Hobkirk 714.316.3272 The TSX Venture Exchange has not reviewed the content of this news release and therefore does not accept This news release contains certain “forward‐looking statements” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical factrelating to the Company, certain information contained herein constitutes forward‐looking statements. Forward‐looking statements are based upon opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward‐looking statements. We seek safe harbor. via NRG Metals Inc. | Energy Metals Exploration | Junior Mining Corporation http://bit.ly/2Tc1JTp January 24, 2019 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) is pleased to announce that it has selected Knight Piésold Consulting (KP) and JDS Energy & Mining (JDS) to prepare a National Instrument 43-101 Preliminary Economic Assessment (PEA) on its flagship Hombre Muerto Norte (HMN) Lithium Project, located in Salta Province, Argentina. The HMN Project is strategically located in the Hombre Muerto Salar, an area of active lithium production. The development strategy for HMN focuses on production of 5,000 tonnes per year of lithium carbonate, with the potential for expansion. A site visit was completed in December 2018 and the project evaluation and report are progressing in a timely manner. The report is expected to be completed during Q1 2019. KP is a global consulting firm that provides specialized services to the mining, power, water resources, infrastructure, and oil and gas industries. The company focuses on creating value at every stage of a project through quality driven, sustainable, and cost-effective solutions. Established in South Africa in 1921, KP has expanded their reach into a global network of over 800 professionals based in offices in North and South America, Europe, Africa, Australia, and Asia. KP has extensive experience working in Argentina, with offices in Mendoza, San Juan and Neuquen. JDS is an engineering, project, and construction management firm composed of a diverse set of skilled and highly experienced mining and construction professionals. With a proven record of providing clients with fit-for-purpose solutions and value delivery, JDS has acquired a reputation for delivering and executing project plans on budget, on time, and most importantly, safely. The JDS team prides itself on delivering project concepts from inception to full operations, providing clients with technical engineering support, onsite operations services and EPCM. NRG recently filed a report titled “Initial Measured Lithium and Potassium Resource Estimate Hombre Muerto North Project, Salta and Catamarca Provinces, Argentina.” The report was completed in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, on behalf of the Company by independent consultants Montgomery and Associates, of Santiago Chile. The report identifies 571,000 tonnes of Lithium Carbonate Equivalent at a grade of 756 parts per million lithium in the combined Measured and Indicated categories, with a low magnesium to lithium ratio of 2.6 to 1.0 (October 3, 2108 press release) that will be used in the completion of the PEA. The HMN Project is strategically located in the Hombre Muerto Salar, an area of active lithium production by FMC at the Fenix lithium mine, some 12 kilometers south of the project area. The project is surrounded by ground now owned by POSCO, a Korean based lithium producer, as a result of its US$ 280 million purchase of the area from Galaxy Resources Ltd, an Australian based producer. Galaxy is also moving their portion of the Hombre Muerto Salar, the Sal de Vida Project, to lithium production. On behalf of the board of directors of NRG Metals Inc.: Adrian F. C. Hobkirk, T: Investors / Shareholders Call 855-415-8100 / Direct to Adrian Hobkirk 714.316.3272 The TSX Venture Exchange has not reviewed the content of this news release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this news release. This news release contains certain “forward-looking statements” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. We seek safe harbor. via NRG Metals Inc. | Energy Metals Exploration | Junior Mining Corporation http://bit.ly/2FU3WPw New Gold to Discuss 2018 Fourth Quarter and Year-End Financial Results on Thursday February 14 20191/15/2019 via New Gold Press Releases http://bit.ly/2FBOnvQ January 11, 2019 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) is announcing the re-pricing of certain warrants, subject to the approval of the TSX Venture Exchange (the “Exchange”). All warrants with an exercise price of CAD$0.20 or higher (excluding finder’s warrants) listed below, will be re-priced to CAD$0.11 for a period of thirty days commencing from the date of Exchange approval. Warrant holders will have the option of exercising their warrants during this time period. At the end of the 30-day period, those warrants not exercised will revert to their original exercise prices. The Company will be notifying each of the respective warrant holders following Exchange approval. On behalf of the board of directors of NRG Metals Inc.: Adrian F. C. Hobkirk T: Investors / Shareholders Call 855-415-8100 / Direct to Adrian Hobkirk 714.316.3272 The TSX Venture Exchange has not reviewed the content of this news release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this news release. This news release contains certain “forward-looking statements” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward-looking statements. The reader is cautioned not to place undue reliance on forward- looking statements. We seek safe harbor. via NRG Metals Inc. | Energy Metals Exploration | Junior Mining Corporation http://bit.ly/2QPKsx8 via New Gold Press Releases http://bit.ly/2Rpji5G via New Gold Press Releases http://bit.ly/2FgtPbS |
Archives
May 2021
Categories |