Hertz Lithium Inc. Announces Agreement to Acquire Canuck Lithium Corp.
Hertz Lithium Inc. Announces Agreement to Acquire Canuck Lithium Corp.
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2023) - Hertz Lithium Inc. (CSE: HZ) (FSE: QE2) (the "Company" or "Hertz") is pleased to announce that it has entered into a share exchange agreement (the "Definitive Agreement") among the Company, Canuck Lithium Corp. ("Canuck"), and the shareholders of Canuck (the "Canuck Shareholders"), pursuant to which the Company will acquire 100% of the issued and outstanding common shares in the capital of Canuck (the "Proposed Transaction").
溫哥華,不列顛哥倫比亞省-(Newsfile Corp.-2023年10月3日)-赫茲鋰公司(CSE:赫茲)(FSE:QE2)(“公司“或”赫茲“)欣然宣佈已訂立換股協定(”最終協定)在公司中,Canuck Lithium Corp.(卡納克),以及Canuck的股東(TheCanuck股東),據此,本公司將100%收購Canuck資本中已發行及已發行普通股(建議的交易“)。
About Canuck
關於卡納克
Canuck owns 100% of the ACDC Project, located in the emerging world class hard rock lithium district in James Bay, Quebec, Canada. There are approximately 135 historical references to pegmatite outcrops that have never been evaluated or sampled for their lithium potential on the Property according to the Quebec Government's SIGEOM Database (Figure 4).
Canuck擁有ACDC專案100%的股份,該專案位於加拿大魁北克省詹姆斯灣新興的世界級硬巖鋰區。根據魁北克政府的SIGEOM資料庫(圖4),大約有135個關於偉晶巖露頭的歷史參考資料從未因其在該財產上的鋰潛力而被評估或採樣。
Canuck is a Quebec-based mineral exploration company primarily engaged in the acquisition an exploration of mineral properties. Canuck's flagship lithium exploration project is known as the AC/DC Project encompassing 516 contiguous mineral claims spanning 265 square kilometers, located contiguous to Rio Tinto's optioned Kaanaayaa Lithium Project (Figure 1) as well as 26 km southeast of the Corvette Lithium Project owned by Patriot Battery Metals with an inferred mineral resource of 109.2 Mt at 1.4% Li2O1 and 60 km west of Winsome Resources' Adina Lithium property (Figure 2). The rapidly growing James Bay lithium district also hosts Nemaska's Whabouchi Project, with a Mineral Resource of 36.6 Mt at 1.3% Li2O2, and a proposed mine life of 33 years. Additionally, Alkem's James Bay Lithium Project has a Mineral Resource of 40.3 Mt at 1.4% Li2O and is proposed to produce an average of 321 Kt of spodumene concentrate per year over a 19-year mine life3.
Canuck是一家總部位於魁北克的礦產勘探公司,主要從事礦產資源的收購和勘探。Canuck的旗艦鋰勘探專案被稱為AC/DC專案,包括516個毗連的礦藏,佔地265平方公里,毗鄰力拓選定的Kaanaayaa鋰專案(圖1),以及愛國者電池金屬公司擁有的Corvette鋰專案東南26公里處,推斷礦產資源量為109.2 Mt,Li2.O1和Winome Resources的阿迪納鋰礦以西60公里處(圖2)。快速發展的詹姆斯灣鋰區還擁有內馬斯加州的WhaBouchi專案,礦產資源量為36.6萬噸,Li的儲量為1.3%2.O2,以及提議的礦山壽命為33年。此外,Alkem的詹姆斯灣鋰專案的礦產資源量為40.3噸,Li的儲量為1.4%2.O並提議在19年的礦山壽命內平均每年生產321萬噸鋰輝石精礦3。
The Northern and Central part of the AC/DC Project is located within the Rouget Formation, a volcanic belt that comprises amphibolites derived from mafic to intermediate lava, metamorphosed felsic volcanics, and iron formation rocks.
AC/DC專案的北部和中部位於Rouget組內,Rouget組是一個火山帶,由來自鎂鐵質到中級熔岩的角閃巖、變質長英質火山岩和鐵建造岩石組成。
The Southern part of the AC/DC Project is on the Corvette Formation, containing a sequence of volcano-sedimentary rocks, that is separated from the Laguiche Complex of the Opinaca sub-province and the Marbot Formation of the La Grande sub-province occurring in the Quentin Shear Zone.
AC/DC專案的南部位於科爾維特組,該組包含一系列火山-沉積巖,與昆廷剪切帶中的Opinaca分省的Laguiche雜巖和La Grande分省的Marbot組分開。
The amphibolite (metavolcanic) units from the Guyer Group, which hosts several lithium projects including Cancet and CV5 has similar lithological characteristics to that of Rouget Formation, which underlies the northern portion of the AC/DC Project and the Corvette Formation, which covers portions of the southwest corner of the AC/DC Project. Canuck considers that given the similarities in geological settings and proximity to known lithium-bearing pegmatites in the region, the AC/DC Project may have a high potential of hosting spodumene-bearing pegmatites.
Guyer Group的角閃巖(變火山岩)單元擁有多個鋰專案,包括Cancet和CV5,其巖性特徵與AC/DC專案北部的Rouget組和覆蓋AC/DC專案西南角部分的Corvette組的Rouget組相似。Canuck認為,鑑於該地區地質環境的相似性以及與已知的含鋰偉晶巖的接近,AC/DC專案可能具有很高的容納含鋰輝石偉晶巖的潛力。
Work Completed on AC/DC Project in 2023:
2023年AC/DC專案工作完成:
Canuck recently completed remote sensing satellite studies using hyperspectral, and synthetic aperture radar (SAR) data over the AC/DC Project. Through machine learning and deep sensor algorithms are applied to the 10m resolution hyperspectral and ground penetrating satellite data sets. This propriety mathematical algorithms are designed to detect lithium-bearing pegmatites, using a hyperspectral signatures (finger printing) method and has highlighted twelve (12) new high priority lithium targets on the AC/DC Project which are subjected to ground truth verification.
Canuck最近使用AC/DC專案上的高光譜和合成孔徑雷達(SAR)數據完成了遙感衛星研究。通過機器學習和深度感測器算法,將算法應用於10M解析度的高光譜和探地衛星數據。這一恰當的數學算法旨在使用高光譜特徵(指紋)方法檢測含鋰偉晶巖,並突出顯示了AC/DC專案中十二(12)個新的高優先級鋰目標,這些目標必須經過地面事實核查。
Ranked targets (Figure 5) are based on hyperspectral signatures, lithium mineralogy target areas, linear to sub-linear dyke-like feature count, proximity to Vieux Comptoir Intrusive rocks, and proximity to Greenstone host lithologies to provide an overall factored score and ranking. Additional follow-up targeting and ground truth fieldwork studies to include qualitative assessment of individual target areas identified as dyke-like structures for further demarcating extent of individual targets and develop field exploration activities.
排名目標(圖5)基於高光譜信號、鋰礦物靶區、線性到次線性巖牆狀特徵計數、與Vieux Comptoir侵入岩的接近程度以及與Greenstone主巖的接近程度,以提供總體因素評分和排名。其他後續目標和實地實地調查研究,包括對被確定為堤壩狀結構的個別目標區進行定性評估,以進一步劃定個別目標區的範圍,並開展實地勘探活動。
Based on the results of the remote sensing data analysis and deep sensor radar algorithms identified twelve (12) anomalous target areas and numerous smaller secondary sets of targets.
Strike length of several major targets areas ranges from 1 to 15 km in length and 100 to 1,000 m in width and are generally oriented in a northeasterly-trending direction.
Each of the major anomalous targets contain numerous dyke-like structures also correlated from high resolution orthophotography images. Individual dyke-like linear to sub-linear structures range in length between 20 - 500 m or greater, often occur in clusters within anomalous zones and appears to be oriented in north easterly direction, similar to known pegmatite structures in the area.
The individual dyke-like structures identified on radar data sets are often coincident with typical hyperspectral signature falling within the wavelength range of lithium bearing minerals possibly indicating spodumene, lepidolite and other minerals. Further, targets delineated by the radar and hyperspectral algorithms appear to be associated with topographical highs also expressed within the digital elevation model established over the AC/DC Project.
The predominance of the dyke-like structures at target areas 2, 5, 9, 11, and 12 are located in close proximity to the prospective greenstone belt host rock and Vieux Comptoir Granitic Suite along the narrow greenstone belt trend located on the AC/DC Project (Figure 6).
根據遙感數據分析和深度感測器雷達算法的結果,確定了十二(12)個異常目標區和許多較小的次級目標集。
幾個主要目標區的走向長度從1到15公里不等,寬度從100到1000米不等,一般指向東北方向。
每個主要異常目標都包含許多巖牆狀結構,也與高解析度正射攝影圖像相關聯。單個脈巖型線性-次線狀構造的長度在20-500m或更長,常成簇出現在異常帶內,呈北東向,與區內已知的偉晶巖構造相似。
在雷達數據集上識別的單個巖牆狀構造往往與典型的高光譜特徵相吻合,這些特徵落在含鋰礦物的波長範圍內,可能指示鋰輝石、鋰雲母等礦物。此外,雷達和高光譜算法所描繪的目標似乎與地形高度有關,在AC/DC專案建立的數位高程模型中也表達了這一點。
目標區2、5、9、11和12的巖牆狀構造的優勢是沿著AC/DC專案上狹窄的綠巖帶趨勢,非常接近預期的綠巖帶主巖和Vieux Comptoir花崗巖套間(圖6)。
Hertz Lithium Exploration Plans: Engaged Dahrouge Geological Consulting Ltd.
赫茲鋰勘探計劃:受聘於Dahrouge地質諮詢有限公司。
Following the completion of the Proposed Transaction, the Company intends to engage Dahrouge Geological Consulting Ltd. to follow up on refining priority targets through ground truth investigations along with an aerial Light Detection and Ranging (LiDAR) Survey (the "Survey") and high-resolution ortho imagery for an enhanced understanding of the AC/DC Project's lithology and further confirmation of the priority targets prior to undertaking ground exploration programs. The Survey is designed to produce a sub-metric scale topographic model of the ground surface and high-resolution imagery with less than 20 cm pixel resolution. Pegmatite structures occur as elongated bodies, often relatively more resistant to erosion than their surrounding wall-rock and can form subtle elongated ridge like features. These discrete topographic highs and other geological features of interest can be identified through analysis of the high-resolution remote sensing datasets even in areas of thick vegetation.
完成擬議交易後,公司打算聘請Dahrouge Geological Consulting Ltd.通過地面實況調查以及航空光探測和測距(LiDAR)調查(LiDAR)來跟進細化優先目標的工作。調查)和高解析度正射影像,以加強對AC/DC專案巖性的瞭解,並在開展地面勘探計劃之前進一步確認優先目標。此次調查旨在產生低於20釐米像素解析度的地面和高解析度圖像的亞米級地形模型。偉晶巖結構呈細長狀,通常比其周圍的圍巖更耐侵蝕,可以形成細長的山脊狀特徵。即使在植被茂密的地區,也可以通過分析高解析度遙感數據集來識別這些離散的地形高點和其他感興趣的地質特徵。
Phase 2 will focus on fieldwork on areas in the southwest, central, and northern portions of the AC/DC Project underlain by the greenstone belts of the Rouget and Corvette formations. Based on occurrence of the amphibolite units derived from metavolcanic rocks covering these target areas and as a regional phenomenon the lithium-bearing pegmatite dykes in the area of James Bay that are typically found in or at contact zones with metavolcanic or metasediment units.
第二階段將集中在AC/DC專案的西南部、中部和北部的實地工作,這些地區位於羅熱和克爾維特地層的綠巖地帶之下。根據來自覆蓋這些目標區的變質火山岩的角閃巖單元的產狀,以及作為一種區域現象,詹姆斯灣地區的含鋰偉晶巖脈通常發現在與變質火山岩或變質沉積單元接觸帶上或在接觸帶上。
As confirmed by the remote sensing investigations, as described above, the northern portion of the AC/DC Project underlain by the Rouget Formation provided the most likely occurrence of prospective pegmatite outcrops. However, these proprietary satellite algorithm results are to be verified through ground truth investigations. The surface exploration program would include outcrop mapping, focusing on pegmatite identification, description, prospecting, and rock sampling, as well as detailed channel sampling of any lithium pegmatites identified.
如上所述,遙感調查證實,魯熱組下伏的AC/DC專案的北部最有可能出現預期的偉晶巖露頭。然而,這些專有的衛星算法結果需要通過地面實況調查來驗證。地表勘探計劃將包括露頭測繪,重點是偉晶巖的識別、描述、勘探和岩石採樣,以及已發現的任何鋰偉晶巖的詳細通道採樣。
Figure 1: AC/DC Lithium Project and adjacent project optioned to Rio Tinto.
圖1:選擇力拓的交直流鋰專案和鄰近專案。
Figure 2: Regional map showing the location of the AC/DC Lithium Project in the James Bay Area, Quebec.
圖2:顯示魁北克詹姆斯灣地區交流/直流鋰專案位置的區域地圖。
Figure 3: Regional map showing the location of the AC/DC Lithium Project in Quebec.
圖3:顯示魁北克交流/直流鋰專案位置的區域地圖。
Figure 4: Mineralized Zones and Pegmatite (I1G) Observations.
圖4:礦化帶和偉晶巖(I1G)觀察。
Figure 5: Spectral Response indicating possible pegmatite mineralogy over defined target areas and individually identified dyke-like structures at the AC/DC Project in James Bay, Quebec.
圖5:在魁北克詹姆斯灣的AC/DC專案中,光譜回應指示可能的偉晶巖礦物學,在定義的目標區和單獨識別的類似巖牆的結構上。
Figure 6: James Bay Regional Geology over defined target areas and individually identified dyke-like structures at the AC/DC and La Fleur Properties, James Bay, Quebec.
圖6:魁北克詹姆斯灣AC/DC和La Fleur Properties界定的目標區和單獨識別的堤壩狀結構上的詹姆斯灣區域地質。
1 Patriot Battery Metals' website:
2 Nemaska Lithium NI 43-101 Technical Report: Report on the Estimate to Complete for the Whabouchi Lithium Mine and Shawinigan Electrochemical Plant, May 31, 2019
3 Galaxy Lithium Preliminary Economic Assessment, NI 43-101 Technical Report: James Bay Lithium Project Ontario, Canada, March 15, 2021
1愛國者電池金屬公司網站:
2內馬斯卡鋰NI 43-101技術報告:2019年5月31日WhaBouchi鋰礦和Shawinigan電化廠預計完工報告
3銀河鋰初步經濟評估,NI 43-101技術報告:詹姆斯灣鋰專案,加拿大安大略省,2021年3月15日
Transaction Details
交易細節
Pursuant to the terms of the Definitive Agreement, as consideration for the acquisition of 100% of the issued and outstanding common shares of Canuck the Company will issue an aggregate of 23,150,001 common shares in the capital of the Company (the "Consideration Shares") pro rata to the Canuck Shareholders. All securities issued in the Proposed Transaction will be issued under prospectus exemptions pursuant to National Instrument 45-106 - Prospectus Exemptions of the Canadian Securities Administrators and may be subject to an applicable statutory hold period along with any escrow restrictions imposed under applicable securities laws.
根據最終協定條款,作為收購Canuck 100%已發行及已發行普通股的代價,本公司將發行合共23,150,001股本公司股本中的普通股(“對價股份“)按比例給卡納克的股東。在擬議交易中發行的所有證券將根據招股說明書豁免發行,根據國家文書45-106-招股章程的豁免並可能受到適用的法定持有期限以及根據適用的證券法施加的任何託管限制的約束。
The Proposed Transaction remains subject to certain closing conditions including, without limitation, (a) the receipt by the Company of all necessary consents and approvals, (b) the completion of customary due diligence, (c) each party's representations and warranties in the Definitive Agreement being true and correct in all respects as of the Closing Date, and (d) each party completing its covenants and obligations as contained in the Definitive Agreement. There can be no guarantee that the Proposed Transaction will be completed as contemplated or at all.
建議交易仍須遵守若干成交條件,包括但不限於(A)本公司已收到所有必需的同意及批准、(B)已完成慣常盡職調查、(C)於最終協定中各方的陳述及保證於完成日期在各方面均屬真實及正確,以及(D)各方均已完成最終協定所載的契諾及責任。不能保證擬議的交易將如預期那樣完成,或者根本不能保證。
Kal Malhi, CEO, states, "With this acquisition of a 100% interest in the district scale ACDC project in the center of a world class hard rock lithium district known as James Bay in Quebec, Canada, Hertz now holds three prospective lithium projects in North and South America. These projects include: the Lucky Mica Project in Arizona, the Patriota Lithium Project in Brazil, and the ACDC Lithium Project. With the addition of our very exciting patent-pending lithium extraction technology being developed in partnership with Penn State University, we believe this truly makes Hertz a diversified investment opportunity within the lithium supply chain."
首席執行官Kal Malhi表示:“通過收購加拿大魁北克省詹姆斯灣世界級硬巖鋰區中心的區級ACDC專案100%的權益,赫茲目前在北美和南美洲擁有三個潛在的鋰專案。這些專案包括:亞利桑那州的幸運雲母專案、巴西的Patriota鋰專案和ACDC鋰專案。隨著我們與賓夕法尼亞州立大學合作開發的令人興奮的正在申請專利的鋰提取技術的增加,我們相信這將真正使赫茲成為鋰供應鏈中的一個多元化投資機會。”
The technical content of this news release has been reviewed and approved by François Gagnon, P. Geo., Senior Exploration Geologist for Dahrouge Geological Consulting Ltd., and a Qualified Person under National Instrument 43-101 - Standard of Disclosure for Mineral Projects.
本新聞稿的技術內容已由Dahrouge地質諮詢有限公司高級勘探地質師FrancDahrouge Ois Gagnon,P.Geo和國家儀器43-101合格人員̧Ois Gagnon審定-《礦產專案資訊披露標準》。
About Hertz Lithium Inc.
赫茲鋰公司簡介
The Company is a British Columbia based mineral exploration company primarily engaged in the acquisition and exploration of mineral properties. The Company's lithium exploration projects include, the Lucky Mica Project, is located along the Arizona Pegmatite Belt in the Maricopa County of Arizona, USA and the Patriota Lithium Project, located along the Eastern Brazilian Pegmatite Province, in Brazil. The Company is also working with Penn State University's College of Earth and Mineral Science department to develop a novel patent-pending hard rock lithium extraction technology.
該公司是一家總部位於不列顛哥倫比亞省的礦產勘探公司,主要從事礦產的收購和勘探。該公司的鋰勘探專案包括位於美國亞利桑那州馬裡科帕縣亞利桑那州偉晶巖帶沿線的Lucky Mica專案和位於巴西東部巴西偉晶巖省沿線的Patriota鋰專案。該公司還與賓夕法尼亞州立大學地球與礦物科學系合作,開發一種正在申請專利的硬巖鋰提取新技術。
For further information, please contact Mr. Kal Malhi or view the Company's filings at sedarplus.ca.
欲瞭解更多資訊,請聯繫卡爾·馬希先生,或在sedarplus.ca上查看公司的檔案。
On Behalf of the Board of Directors
我謹代表董事會
Kal Malhi
Chief Executive Officer and Director
Phone: 604-805-4602
Email: kal@bullruncapital.ca
卡爾·馬利希
董事首席執行官兼首席執行官
電話:604-805-4602
電子郵件:kal@Bullruncapal.ca
The CSE has in no way passed upon the merits of the Proposed Transaction and has neither approved nor disapproved the contents of this news release.
CSE沒有以任何方式傳遞擬議交易的優點,也沒有批准或不批准本新聞稿的內容。
The securities of the Company referred to in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws. Accordingly, the securities of the Company may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This press release does not constitute an offer to sell or a solicitation of any offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.
本新聞稿中提及的公司證券沒有也不會根據修訂後的《1933年美國證券法》(“《美國證券法》“),或任何州證券法。因此,除非根據美國證券法和適用的州證券法進行註冊,或者根據美國證券法和適用的州證券法的註冊要求獲得豁免,否則不得在美國境內發行或出售公司的證券。本新聞稿不構成在任何司法管轄區出售或邀請購買本公司任何證券的要約,在任何司法管轄區,此類要約、招攬或出售都是非法的。
Cautionary Statement Regarding "Forward-Looking" Information
關於“前瞻性”資訊的警示聲明
All information contained in this news release with respect to the Company and Canuck was supplied by the parties, respectively, for inclusion herein, and the Company and its respective directors and officers have relied on Canuck for any information concerning Canuck.
本新聞稿中包含的有關本公司和Canuck的所有資訊均由雙方分別提供,以包括在本新聞稿中,本公司及其各自的董事和高級管理人員依賴Canuck提供有關Canuck的任何資訊。
Completion of the Proposed Transaction is subject to a number of conditions precedent. The Proposed Transaction cannot close until all such conditions are satisfied. There can be no assurance that the Proposed Transaction will be completed as proposed or at all.
擬議中的交易的完成取決於一些先決條件。在滿足所有這些條件之前,擬議中的交易無法完成。不能保證擬議的交易將按提議完成,或者根本不能保證。
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are 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. Forward-looking statements in this news release includes statements related to the Proposed Transaction and related matters. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
本新聞稿包括可被視為“前瞻性陳述”的某些陳述。除有關歷史事實的陳述外,本新聞稿中涉及公司預期發生的事件或發展的所有陳述均為前瞻性陳述。前瞻性陳述是指不是歷史事實的陳述,一般但並非總是以“預期”、“計劃”、“預期”、“相信”、“打算”、“估計”、“專案”、“可能”和類似的表述,或事件或條件“將”、“將”、“可能”、“可能”或“應該”發生。本新聞稿中的前瞻性陳述包括與擬議交易和相關事項有關的陳述。儘管公司認為這些前瞻性陳述中表達的預期是基於合理的假設,但這些陳述並不能保證未來的業績,實際結果可能與前瞻性陳述中的結果大不相同。可能導致實際結果與前瞻性陳述中的結果大不相同的因素包括市場價格、資本和融資的持續可獲得性以及總體經濟、市場或商業狀況。請投資者注意,任何此類陳述都不是對未來業績的保證,實際結果或發展可能與前瞻性陳述中預測的大不相同。前瞻性陳述是基於公司管理層在陳述發表之日的信念、估計和意見。除非適用的證券法要求,否則公司沒有義務在管理層的信念、估計或意見或其他因素髮生變化時更新這些前瞻性陳述。
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.
不得向美國新聞通訊社分發,或直接或間接、全部或部分、在美國或進入美國境內發佈、出版、分發或傳播。
To view the source version of this press release, please visit
要查看本新聞稿的源版本,請訪問