VANCOUVER, British Columbia, Jan. 29, 2020 (GLOBE NEWSWIRE) -- Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2, OTC/Pink Sheet symbol SLTFF) (“Pistol Bay” or the “Company”) reports that it has optioned out 75% of its Dixie 17-20 claims in the Red Lake Mining District to Infinite Lithium Corp. (ILI-TSX:V) (OTCQB:ARXRF) via Pistol Bay Mining Inc. https://ift.tt/3aRT69A
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Pistol Bay Expedites Acquisition ofGarnet Lake/Arrow Zone and Fredart/Copperload Properties1/24/2020 VANCOUVER, British Columbia, Jan. 24, 2020 (GLOBE NEWSWIRE) -- Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2, OTC/Pink Sheet symbol SLTFF) (“Pistol Bay” or the “Company”) reports that it has negotiated an agreement expediting the option agreement with Aurcrest Gold Inc. which includes the Garnet Lake/ Arrow Zone and the Fredart/Copperload properties subject to the TSX approval. via Pistol Bay Mining Inc. https://ift.tt/2tEK8Mq New Gold Reports Preliminary Fourth Quarter and Annual Results; Achieves Annual Production Guidance1/17/2020 via New Gold Inc. Press Releases https://ift.tt/2FUSbHo VANCOUVER, British Columbia, Jan. 15, 2020 (GLOBE NEWSWIRE) -- Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2, OTC/Pink Sheet symbol SLTFF) (“Pistol Bay” or the “Company”) is pleased to announce that it has entered into an option agreement with an arm’s length vendor to acquired a land package in the James Bay Region of Quebec. via Pistol Bay Mining Inc. https://ift.tt/36X0Fto VANCOUVER, British Columbia, Jan. 09, 2020 (GLOBE NEWSWIRE) -- Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2, OTC/Pink Sheet symbol SLTFF) (“Pistol Bay” or the “Company”) is pleased to announce exploration plans for its upcoming work programs at its Joy Trend properties (which includes Fredart) located approximately 25 kilometers north-east of Great Bear Resources Ltd.’s Dixie project near Red Lake, Ontario. via Pistol Bay Mining Inc. https://ift.tt/37Rn9vM VANCOUVER, British Columbia, Dec. 31, 2019 (GLOBE NEWSWIRE) -- Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2, OTC/Pink Sheet symbol SLTFF) (“Pistol Bay” or the “Company”) reports that it will not be proceeding with the 100% option on the Pakwash South property ( See NR July 29, 2019). via Pistol Bay Mining Inc. https://ift.tt/2FcktwK December 3, 2019 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) is pleased to report that at the Annual General and Special Meeting held November 29th, all matters were passed with 99% of the shares voted, voting in favor of all motions. Shareholders approved the potential sale of the Hombre Muerto North Lithium Project located in Argentina (“HMN Project”) to Alberdi Energy for US$18 million as per the terms of the option to purchase announcement made on November 7th, 2019. In addition, shareholders approved the provision of board review and acceptance of competing offers deemed superior to the Alberdi Energy proposal. A “HMN Project” data room has been setup for Alberdi Energy and additional interested parties to access the exploration information and details of the Preliminary Economic Assessment for the HMN Project filed on SEDAR on August 12, 2019. The Company has evaluated the HMN Project having completed the initial exploration, a resource calculation, and releasing PEA numbers. The HMN Project is strategically located in the Hombre Muerto Salar, an area of active lithium production by FMC Lithium Co. 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 Resources Ltd., 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 Neither the 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 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 https://ift.tt/363PRZp November 7, 2019 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) is pleased to announce that it has entered into a Non-Exclusive Purchase Option (the “Agreement”) with Alberdi Energy S.A. (“Alberdi”) certified in Salta, Argentina on November 5, 2019, for the 100% acquisition of the Hombre Muerto North Lithium Project (“HMN Project”) located in Argentina. Terms of the Agreement will allow Alberdi a period of due diligence and financial audit to January 15, 2020 (the “Deadline”). Up to the Deadline, NRG is free to negotiate and/or accept competing offers, and upon such acceptance, notify Alberdi it has five business days to meet or beat the competing offer. By the Deadline, Alberdi will be required to have secured acquisition financing and the parties are required to have entered into a purchase agreement containing industry standard terms including the following purchase schedule.
At the Deadline and subject to the approval of the TSX Venture Exchange, NRG has agreed to issue into trust, 6,750,000 common shares remaining to be issued to the underlying property owner under the existing option agreement for the HMN Project. After the Deadline, Alberdi will either purchase all of the shares of NRG Argentina S.A., a wholly owned subsidiary of NRG, or will have arranged with the underlying property owner for the transfer of the existing option agreement. The transaction is an arm’s length transaction and is subject to regulatory approval and shareholder approval, and customary closing conditions. Shareholder approval to this transaction and other matters is being sought in advance, with an Annual General and Special Meeting set for November 29, 2019. A finder’s fee will be payable in connection with this transaction, details of which will be provided in a following press release. NRG has received significant interest in the HMN Project. The project is strategically located in the Hombre Muerto Salar, adjoining ground currently under development by POSCO. A Preliminary Economic Assessment was filed by the Company on August 12, 2019, and is available at the company website nrgmetalsinc.com ABOUT ALBERDI ENERGY: Alberdi Energy is part of the Alberdi Group, an international Argentine based company with a 112 year history. Business interests include ceramic manufacturing, industrial park construction, mining, and more recently, renewable energy. The Group was responsible for organizing Latin America’s largest solar plant, the Cauchari Solar Farm. This 300 megawatt facility in the Province of Jujuy was financed through The Alberdi Group’s extensive network of Chinese financial partnerships. On behalf of the board of directors of NRG Metals Inc.: Adrian F. C. Hobkirk, T: Investors / Shareholders Call 855-415-8100 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. There can be no guarantee that the transaction being contemplated, the sale of the HMN Lithium Project, will complete as announced or at all. We seek safe harbor. via NRG Metals Inc. | Energy Metals Exploration | Junior Mining Corporation https://ift.tt/2PXllvy New Gold Reports Third Quarter Results and Reaffirms Consolidated Production and Cost Guidance11/6/2019 via New Gold Inc. Press Releases https://ift.tt/2qrIWKa New Gold Reports Strong Third Quarter Production and Reaffirms Annual Production Guidance10/10/2019 via New Gold Inc. Press Releases https://ift.tt/2Vt8bHD |
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