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Weekapaug Lithium Announces Proposed Name Change to Protium Clean Energy Corp. and Provides Corporate Update

Weekapaug Lithium Announces Proposed Name Change to Protium Clean Energy Corp. and Provides Corporate Update

Weekapaug锂矿宣布拟更名为Protium清洁能源公司,并提供公司更新
newsfile ·  10/29 10:20

Toronto, Ontario--(Newsfile Corp. - October 29, 2024) - Weekapaug Lithium Ltd. (CSE: GRUV) ("Weekapaug" or the "Company"), is pleased to announce that it intends to change its name to Protium Clean Energy Corp. which better reflects the Company's mission of clean energy exploration. The Company's common shares are expected to continue to trade on the Canadian Securities Exchange ("CSE") under the ticker symbol ("GRUV").

安大略省多伦多--(Newsfile Corp.,2024年10月29日)——Weekapaug Lithium Ltd.(CSE:GRUV)(“Weekapaug” 或 “公司”)欣然宣布,它打算更名为Protium清洁能源公司,这更好地反映了公司的清洁能源勘探使命。预计该公司的普通股将继续在加拿大证券交易所(“CSE”)上市,股票代码(“GRUV”)。

The Company believes that Canada has an opportunity to become a significant global player in clean energy through effective and efficient exploration for the metals, minerals, and gases required for the new economy. Management is excited to share its vision and tactical plans for moving the Company's current portfolio forward.

该公司认为,通过有效和高效地勘探新经济所需的金属、矿物和气体,加拿大有机会成为清洁能源领域重要的全球参与者。管理层很高兴分享其推动公司当前投资组合向前发展的愿景和战术计划。

Hydrogen

氢气

The Company is pleased to update shareholders on the previously announced regional remote sensing gas survey over a 12,000 sq. km area of Ontario and Quebec. Data acquisition and initial processing have begun for the gases. Aster Funds has trained its QDFC Predictive Fingerprint Target Mapping algorithms and AI on the known hydrogen occurrences from the main graben areas in Temiskaming, where QIMC is located. This will allow the technology to look for similar spectral responses to QIMC and assist the Company in developing the best possible exploration strategy for hydrogen and other gases. In addition, hydrogen and other gas abundances in the survey area will be directly mapped at different seasons to define areas of high hydrogen and other gasses for follow-up ground exploration.

公司很高兴向股东通报先前宣布的对安大略省和魁北克省12,000平方公里区域的区域遥感气体调查的最新情况。气体的数据采集和初步处理已经开始。Aster Funds已经对其QDFC预测指纹目标映射算法和人工智能进行了训练,以了解来自QIMC所在地泰米斯卡明主要地块的已知氢气发生情况。这将使该技术能够寻找与QIMC相似的光谱响应,并协助该公司制定最佳的氢气和其他气体勘探策略。此外,将在不同季节直接绘制调查区域的氢气和其他气体丰度,以确定高氢和其他气体的区域,供后续地面勘探。

Kimberlites, silver, and cobalt deposits (critical minerals/metals) are known and are currently being collated in the satellite survey area. Utilizing different spectral and hyperspectral techniques, a selected area of 3,500 sq. km centred on the current claims area will be surveyed to determine target areas for exploration for critical minerals/metals and kimberlites.

金伯利岩、银和钴矿床(关键矿物/金属)是已知的,目前正在卫星调查区域进行整理。将利用不同的光谱和高光谱技术,对以当前索赔区域为中心的3500平方公里的选定区域进行勘探,以确定关键矿物/金属和金伯利岩的勘探目标区域。

Lithium

On October 16, 2023, the Company announced the successful completion of the 2023 exploration program on its 100% owned Nakina Lithium Property ("Nakina Property") in Ontario, Canada.

2023年10月16日,该公司宣布成功完成其位于加拿大安大略省的100%持股的纳基纳锂业地产(“纳基纳地产”)的2023年勘探计划。

Analyses of bedrock and till samples collected during a Grass Roots exploration program of outcrop grab sampling and till sampling confirmed the presence of significant lithium mineralization. The Company intends to follow up on the exploration with detailed geological mapping, sampling and mineralogy.

对基岩和耕作样本的分析证实了存在显著的锂矿化作用,在草根勘探计划中采集了露头采样,直至采样。该公司打算通过详细的地质测绘、取样和矿物学来继续勘探。

In addition the Company also intends to incorporate the aforementioned satellite surveying techniques to delineate pegmatite target areas and using satellite long-wave infrared (LWIR) technology to map non-lithium minerals.

此外,该公司还打算采用上述卫星测量技术来划定伟晶岩目标区域,并使用卫星长波红外(LWIR)技术绘制非锂矿物图。

John Ryder, P.Geo, a "Qualified Person" as that term is defined under NI 43-101, has reviewed and approved the technical information contained in this news release. Mr. Ryder is also a consultant of the Company.

约翰·莱德(P.Geo)是NI 43-101定义的 “合格人员”,他已审查并批准了本新闻稿中包含的技术信息。莱德先生也是该公司的顾问。

About Weekapaug Lithium

关于 Weekapaug 锂电公司

Weekapaug Lithium Limited is a junior exploration and development company focused on identifying, acquiring, and exploring prospective minerals in Canada's extensive natural resources portfolio. We focus on exploring and developing our 100% owned Nakina Lithium and Firstbrook Hydrogen properties in Ontario, located in Northern Canada, and identifying and pursuing further opportunities by region using various satellite surveys. This allows Weekapaug Lithium Limited to evaluate large tracts of land quickly and cost-effectively to delineate targets for natural gasses and critical minerals required for the modern world.

Weekapaug Lithium Limited是一家初级勘探和开发公司,专注于识别、收购和勘探加拿大丰富的自然资源投资组合中的潜在矿产。我们专注于探索和开发位于加拿大北部的安大略省的100%拥有的Nakina Lithium和Firstbrook Hydrogen物业,并通过各种卫星调查按地区确定和寻求更多机会。这使Weekapaug Lithium Limited能够快速且经济高效地评估大片土地,以确定现代世界所需的天然气和关键矿物的目标。

On Behalf of the Board of Directors,
"Marc Branson"
CEO and Director
Email: investors@weekapaug.ca
Website: weekapaug.ca
Phone: 604-816-2555

我代表董事会,
“马克·布兰森”
首席执行官兼董事
电子邮件:investors@weekapaug.ca
网站:weekapaug.ca
电话:604-816-2555

Forward-Looking Information and Cautionary Statements

前瞻性信息和警示声明

Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law including statements relating to completing an name change, the future market for clean energy in Canada and worldwide and conducting planned exploration on the Company's projects. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE, failures to finance future exploration, risks associated with exploration, environmental issues and challenges to validity of title, technological hurdles, uncertainty in the future financial viability of clean energy projects, including the Company's projects, global economic and political conditions. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for the Company as described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which are available at .

除历史事实陈述外,本新闻稿包含适用证券法所指的某些 “前瞻性信息”,包括与完成更名、加拿大和全球清洁能源未来市场以及对公司项目进行计划勘探有关的陈述。前瞻性信息通常以 “计划”、“期望”、“项目”、“打算”、“相信”、“预测”、“估计” 等词语为特征,或某些事件或条件 “可能” 或 “将” 发生的陈述。前瞻性陈述基于陈述发表之日的观点和估计,受各种风险和不确定性以及其他因素的影响,这些因素可能导致实际事件或结果与前瞻性陈述中的预期存在重大差异,包括但不限于监管机构批准的延迟或不确定性,未能为未来勘探提供资金,与勘探相关的风险,环境问题和对所有权有效性的挑战,技术障碍,清洁能源项目未来财务可行性的不确定性,包括公司的项目、全球经济和政治状况。前瞻性信息固有的不确定性,包括公司无法控制的因素。无法保证本新闻稿中描述的公司业务计划将在此处描述的条款或时限内生效。除非法律要求,否则如果情况或管理层的估计或意见发生变化,公司没有义务更新前瞻性信息。提醒读者不要过分依赖前瞻性陈述。确定可能影响财务业绩的风险和不确定性的其他信息包含在公司向加拿大证券监管机构提交的文件中,这些文件可在以下网址查阅。

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