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Collective Metals Inc C.COMT

Alternate Symbol(s):  CLLMF

Collective Metals Inc. is a resource exploration company. The Company is specialized in precious metals exploration in the North America. The Company’s flagship property is the Princeton Project, located in south-central British Columbia, Canada, approximately 10 km west of the Copper Mountain Mine. The Princeton Project consists of 29 mineral tenures totaling approximately 28,560 ha. The Company’s Landings Lake Lithium Project is located in northwestern Ontario where numerous lithium deposits have been delineated to host reserves of lithium oxide (Li2O). The Landings Lake Lithium Project is located 53 km east of Ear Falls, Ontario and covers 3,146 hectares. The Whitemud Project, with several identified pegmatite outcrops, neighbors the Landings Lake Project and consists of 381 single cell mining claims totaling 7,775 hectares.


CSE:COMT - Post by User

Post by Betteryear2on Jul 12, 2023 8:20pm
67 Views
Post# 35538412

Collective Metals Signs Definitive Agreement

Collective Metals Signs Definitive AgreementVANCOUVER, British Columbia, July 12, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”), is pleased to announce that it has entered into an arm’s length definitive share exchange agreement (the “Agreement”), dated July 11, 2023, with 1000587016 Ontario Ltd. (“587016”) and the shareholders of 587016 (the “Vendors”) to acquire (the “Acquisition”) from the Vendors, 100% of the outstanding shares of 587016. 587016 owns 100% of the Whitemud Project (the “Project”), a lithium property in Ontario consisting of 381 single cell mining claims totaling 7,775 hectares. The Project is located 53 km east of Ear Falls, Ontario with good highway and logging road access and is in an area where numerous lithium deposits have been delineated to host significant reserves of lithium and is also adjacent to the Company’s Landings Lake property.

Collective Metals Signs Definitive Agreement to Acquire (globenewswire.com)
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