ACME Lithium Signs Option Agreement With Snow Lake Resources at Its Manitoba Lithium Project
ACME Lithium Signs Option Agreement With Snow Lake Resources at Its Manitoba Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2024) - ACME Lithium Inc. (CSE: ACME) (OTCQB: ACLHF) (the "Company", or "ACME") is pleased to announce that, further to its news release of December 20, 2023, it has signed an option agreement with Snow Lake Resources Ltd., d/b/a Snow Lake Lithium (NASDAQ: LITM) ("Snow Lake"), pursuant to which ACME has granted Snow Lake the option to earn up to a 90% undivided interest in the mineral claims held by ACME at its Manitoba lithium pegmatite project areas, located in south eastern Manitoba, Canada.
不列顛哥倫比亞省溫哥華--(Newsfile Corp.-2024 年 1 月 30 日)- ACME Lithium Inc.(CSE:ACME) (OTCQB:ACLHF) (“公司” 或 “ACME”)欣然宣佈,繼其2023年12月20日發佈的新聞稿之後,它已與雪湖資源有限公司(d/b/a Snow Lake Lithium(納斯達克股票代碼:LITM)(“Snow Lake”)簽署了期權協議,根據該協議,ACME已授予雪湖在ACME在其曼尼託巴鋰業公司持有的礦產索賠中獲得高達90%的不可分割權益的選擇權偉晶岩項目區域,位於加拿大曼尼托巴省東南部。
ACME's Manitoba lithium group is comprised of 37 mineral claims located over three project areas - Shatford Lake, Birse Lake, and Cat-Euclid Lake, totaling approximately 17,000 acres. The projects are located in the Bird River Greenstone Belt in southeastern Manitoba. The region hosts hundreds of individual pegmatite bodies, many of which are classified as complex rare-element Lithium-Cesium-Tantalum ("LCT") pegmatites. The Shatford-Birse claim area is contiguous to the south of Sinomine Corporation's world class Tanco Mine, a LCT producer since 1969.
ACME的曼尼托巴省鋰業集團由37個礦產索賠組成,分佈在三個項目區域——沙特福德湖、伯斯湖和凱特歐幾里德湖,總面積約爲17,000英畝。這些項目位於曼尼托巴省東南部的伯德河綠石帶。該地區擁有數百個單獨的偉晶岩體,其中許多被歸類爲複雜的稀有元素鋰-銫-鉭(“LCT”)偉晶岩。沙特福德-伯爾斯索賠區毗鄰中礦集團世界一流的坦科礦山以南,該礦自1969年以來一直是LCT的生產商。
Snow Lake may exercise the Option by paying a total of CAD$500,000 and incurring a total of CAD$1,800,000 in exploration and development expenditures over a two-year period.
Snow Lake可以通過支付總額爲50萬加元的期權來行使期權,並在兩年內產生總額爲1800,000加元的勘探和開發支出。
Date for Completion | Cash Payment | Minimum Exploration and Development Expenditures | Earn In |
Initial Payment | CAD $20,000 | ||
Upon Execution | CAD $130,000 | ||
First Year | CAD $150,000 | CAD $600,000 | 51% |
Second Year | CAD $200,000 | CAD $1,200,000 | 90% |
完工日期 | 現金支付 | 最低勘探和開發支出 | 賺錢 |
首期付款 | 20,000 加元 | ||
執行後 | 加元 130,000 美元 | ||
第一年 | 加元 150,000 美元 | 600,000 加元 | 51% |
第二年 | 200,000 加元 | 1,200,000 加元 | 90% |
Once Snow Lake has earned a 90% undivided interest in the Project, and completed a positive feasibility study, a joint venture (the "Joint Venture") between Snow Lake and ACME will be formed for further development, the detailed market standard terms and conditions of which will be agreed at the time of formation of the joint venture.
Snow Lake在該項目中獲得了90%的不可分割權益並完成了積極的可行性研究後,合資企業(”合資企業“)將在Snow Lake和ACME之間組建以進行進一步發展,其詳細的市場標準條款和條件將在合資企業成立時商定。
Upon formation of the Joint Venture:
合資企業成立後:
Snow Lake will hold a 90% interest, and ACME will hold 10% interest in the Joint Venture;
Snow Lake's interest will be a 90% participating interest in the Joint Venture, but will fund 100% of all expenditures until the completion of a feasibility study; and
ACME will retain a 10% free carried interest, without the need to contribute to expenditures until the completion of a feasibility study on the Project.
雪湖將持有合資企業90%的權益,ACME將持有該合資企業10%的權益;
Snow Lake的權益將是合資企業90%的參與權益,但在可行性研究完成之前,將爲所有支出的100%提供資金;以及
在項目可行性研究完成之前,ACME將保留10%的免費附帶利息,無需繳納支出。
About Snow Lake Resources Ltd.
關於雪湖資源有限公司
Snow Lake is a Canadian lithium development company listed on Nasdaq (LITM) with two hard rock lithium projects, the Thompson Brothers project and the Grass River project (together the "Snow Lake Lithium Project"), in the Snow Lake region of Northern Manitoba. Snow Lake is focused on advancing its 59,587 acre Snow Lake Lithium Project through subsequent phases of development and into production in order to supply the North American electric vehicle and energy storage markets.
Snow Lake是一家在納斯達克(LITM)上市的加拿大鋰開發公司,旗下有兩個硬巖鋰項目,即湯普森兄弟項目和格拉斯河項目(合稱”斯諾萊克鋰業項目“),在曼尼托巴省北部的雪湖地區。Snow Lake專注於推進其佔地59,587英畝的Snow Lake鋰項目進入後續開發階段並投入生產,以供應北美電動汽車和儲能市場。
About ACME Lithium Inc.
關於 ACME Lithium Inc.
Led by an experienced team, ACME 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 a project area located in Clayton Valley, Nevada and has entered into option agreements with third parties on its Fish Lake Valley, Esmeralda County Nevada project, and at Shatford, Birse, and Cat-Euclid Lakes in south-eastern Manitoba.
ACME是一家礦產勘探公司,由經驗豐富的團隊領導,專注於與領先的技術和大宗商品公司合作收購、勘探和開發電池金屬項目。ACME已經收購或有選擇收購位於內華達州克萊頓谷的項目區域的100%權益,並已就其魚湖谷、內華達州埃斯梅拉達縣的項目以及曼尼托巴省東南部的沙特福德、伯斯和卡特歐幾里德湖項目與第三方簽訂了期權協議。
On behalf of the Board of Directors
代表董事會
Steve Hanson
Chief Executive Officer, President and Director
Telephone: (604) 564-9045
info@acmelithium.com
史蒂夫·漢森
首席執行官、總裁兼董事
電話:(604) 564-9045
info@acmelithium.com
For Investor Inquiries:
Anthony Simone
Simone Capital
Telephone: (416) 881-5154
asimone@simonecapital.ca
投資者查詢:
安東尼西蒙尼
西蒙妮資本
電話:(416) 881-5154
asimone@simonecapital.ca
Neither the CSE nor its regulations service providers accept responsibility for the adequacy or accuracy of this news release. This news release contains certain statements which may constitute 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 (i) the exercise of the option by Snow Lake, and (ii) 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. ACME's project location adjacent to or nearby lithium 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. 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. Unless otherwise indicated, the market and industry data contained herein is based upon information from industry and other publications and the knowledge and experience of management. While we believe that this data is reliable, market and industry data is subject to variations and cannot be verified with complete certainty due to limits on the availability and reliability of raw data, the voluntary nature of the data gathering process and other limitations and uncertainties inherent in any statistical survey. We have not independently verified any of the data from third-party sources referred to in this news release or ascertained the underlying assumptions relied upon by such sources. All technical and scientific disclosure pertaining to our mineral property interests in this news release have been reviewed by a Qualified Person, meaning an individual who is an engineer or geoscientist with at least five years of experience in mineral exploration, mine development or operation or mineral project assessment, or any combination of these; has experience relevant to the subject matter of the mineral project and the technical report; and is a member or licensee in good standing of a professional association.
CSE及其監管服務提供商均不對本新聞稿的充分性或準確性承擔責任。本新聞稿包含某些陳述,這些陳述可能構成適用證券法所指的前瞻性信息(“前瞻性陳述”)。前瞻性陳述不是歷史事實的陳述,通常以 “期望”、“計劃”、“預期”、“相信”、“打算”、“估計”、“項目”、“潛力” 和類似表述來識別,或者事件或條件 “將”、“會”、“可能” 或 “應該” 發生,在本新聞稿中包括但不限於 (i)) Snow Lake行使期權的情況,以及 (ii) ACME項目勘探、鑽探或開發的屬性、時機和預期收益屬性。從鑽探、取樣和其他技術結果的解釋中推斷出的信息也可能被視爲前瞻性陳述,因爲它構成了對項目實際開發時間和是否存在的內容的預測。ACME的項目位置與鋰項目相鄰或附近,並不能保證勘探成功,也不能保證礦產資源或儲量將在ACME的財產上確定。區域公司開展的勘探、開發和活動爲ACME正在完成的勘探工作提供了援助和額外數據。這些前瞻性陳述受到各種風險和不確定性的影響,可能導致實際事件或結果與前瞻性陳述中反映的事件或結果存在重大差異,包括但不限於:與金屬價格波動相關的風險;與及時籌集足夠資金以可接受的條件爲計劃工作提供資金相關的不確定性;天氣、後勤、技術或其他因素導致的計劃工作變動;工作結果無法達到預期的可能性以及意識到公司財產的潛在潛力;發生事故、設備故障和勞資糾紛或其他意想不到的困難或中斷的風險;工作計劃中成本超支或意外支出的可能性;公司運營造成的環境污染或損害的風險以及其他風險和不確定性。任何前瞻性陳述僅代表其發表之日,除非適用的證券法另有要求,否則公司不承擔任何更新任何前瞻性陳述的意圖或義務,無論是由於新信息、未來事件或業績還是其他原因。除非另有說明,否則此處包含的市場和行業數據基於來自行業和其他出版物的信息以及管理層的知識和經驗。儘管我們認爲這些數據是可靠的,但由於原始數據可用性和可靠性的限制、數據收集過程的自願性質以及任何統計調查固有的其他限制和不確定性,市場和行業數據可能會發生變化,無法完全確定地進行驗證。我們尚未獨立覈實本新聞稿中提及的來自第三方來源的任何數據,也沒有確定這些來源所依據的基本假設。本新聞稿中與我們的礦產財產權益有關的所有技術和科學披露均經過合格人員審查,即具有至少五年礦產勘探、礦山開發或運營或礦產項目評估經驗的工程師或地球科學家,或兩者的任何組合;具有與礦產項目主題和技術報告相關的經驗;是專業協會信譽良好的成員或被許可人。
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