InvestorWire NewsRoom

InvestorNewsBreak

InvestorNewsBreaks – FE Battery Metals Corp. (CSE: FE) (OTCQB: FEMFD) Enters Option, JV Agreement Regarding Lithium Claims
January 9, 2023

InvestorNewsBreaks – FE Battery Metals Corp. (CSE: FE) (OTCQB: FEMFD) Enters Option, JV Agreement Regarding Lithium Claims

FE Battery Metals (CSE: FE) (OTCQB: FEMFD), a publicly traded Canadian mineral exploration company, has entered into an option and joint venture (“JV”) agreement with Infini Resources. The agreement outlines how Infini Resources could earn a 100% interest in 255 lithium claims located in Quebec. According to the announcement, FE Battery Metals holds more than 700 claims in the Abitibi region in Quebec; the company also plans to advance exploration efforts on the Augustus and Canada Lithium showings, which are directly adjacent to the NAL Mine currently owned by Sayona Mining Inc. The company anticipates sharing additional details regarding its 2023 exploration program at Augustus Lithium in the future. The announcement also noted that, based on the option agreement, Infini Resources has opted to earn an initial 50% interest by making an initial cash payment of AUD$550,000; once that option is exercised, a JV would be formed between FE Battery and Infini Resources to advance the project. “We are excited to enter into this option agreement with Infini Resources and look forward to exploring new areas of our large land package alongside Infini Resources,” said FE Battery Metals CEO and director Gurminder Sangha in the press release. “FE will continue to focus its exploration efforts on its core claim group with hosts the Augustus and Canada Lithium showings.”

To view the full press release, visit https://ibn.fm/ctliT

About FE Battery Metals Corp.

FE Battery Metals is a Canadian mineral exploration company with a primary focus of acquiring mineral properties in the battery metal sector. The company’s goal is to identify, acquire and explore North American mineral prospects with a primary focus on lithium. It’s strategy is to acquire and advance projects through prospecting and early-stage exploration; source joint venture partners to finance future exploration and project development; and create shareholder value through exploration success. For more information about the company, please visit www.FirstEnergyMetals.com.

NOTE TO INVESTORS: The latest news and updates relating to FEMFF are available in the company’s newsroom at https://ibn.fm/FEMFF

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.investorwire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
[email protected]

InvestorWire is part of the InvestorBrandNetwork.

Recent NewsBreaks

NewsBreaks Categories

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(310) 299-1717

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).