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EMP Metals Corp C.EMPS

Alternate Symbol(s):  EMPPF

EMP Metals Corp. is a Canada-based lithium exploration and development company focused on large scale resources using direct lithium extraction (DLE). The Company, through its partnership with ROK Resources Inc., holds 196,000 net (79,300 hectares) acres of subsurface dispositions and strategic wellbores in Southern Saskatchewan. Its Mansur Permit Area, Tyvan Permit Area and View field Permit Area cover an area extending 40 miles north and 40 miles east of the City of Weyburn. The Company is focused on the exploration and development of its highly prospective lithium brine properties (the Li-Brine Properties). In the Mansur property region, the Duperow formation has tested up to 190mg/l in the offsetting 141/14-12-7-11W2 well. The Company also has 101/14-36-008-13 W2M and 141/08-03-009-13 W2M (Second Test Well) wellbores, which are in the Mansur Permit Area of southeast Saskatchewan.


CSE:EMPS - Post by User

Post by 1StockInformeron Sep 19, 2024 6:57pm
44 Views
Post# 36232099

TODAY: EMPS Appoints New CEO & Acquires Hub City Lithium

TODAY: EMPS Appoints New CEO & Acquires Hub City Lithium

EMP Metals (Ticker: EMPS.c, EMPPF for U.S. investors) is advancing its Viewfield Lithium Brine Project in Saskatchewan using Direct Lithium Extraction (DLE) technology, achieving 97% lithium recovery and 99% impurity rejection. The project's strategic location in  Saskatchewan, a top mining region, offers favorable conditions for lithium extraction, enhancing production quality. 

r/PennyCatalysts - Today, Direct Lithium Extraction Junior EMP Metals (EMPS.c, EMPPF) Appoints Karl Kottmeier as New CEO and Announces Complete Acquisition of Hub City Lithium Corp., Consolidating its Saskatchewan Lithium Assets

After completing its first vertical test well, the company is preparing to drill a horizontal well with two one-mile lateral legs to improve flow rates and lithium concentration, further highlighting its focus on innovation and growth in the lithium sector.

Today, EMP Metals Corp. announced the successful completion of its full acquisition of Hub City Lithium Corp. (HCL), consolidating its ownership of its lithium properties in Saskatchewan.

This acquisition marks a significant milestone in EMP Metals' strategic expansion within the rapidly growing lithium sector, reflecting the company's commitment to scaling its operations in one of the most promising lithium regions in Canada.

In addition to this acquisition, EMP Metals also shared today that it has appointed Karl Kottmeier as its new CEO. Kottmeier, who has served as a director of the company since November 2023, will lead the company’s growth efforts.

To further strengthen its leadership team, EMP Metals plans to nominate Bryden Wright, President and COO of ROK Resources Inc. (which holds approximately 17% ownership in EMPS), to its board. This move aligns with the company's ongoing efforts to advance its lithium exploration and development initiatives.

Full news here: https://empmetals.com/emp-metals-acquires-rok-resources-interest-in-saskatchewan-lithium-assets/

Posted on behalf of EMP Metals Corp

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