Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - Stamper Oil & Gas Corp. (TSXV: STMP) (FSE: TMP) ("Stamper" or the "Company") is pleased to advise that in the face of an impending global copper shortage, the Company presents a compelling opportunity for investment in a company, poised to address the surging demand for this indispensable metal. With management's strategic acquisitions and a keen understanding of market dynamics, Stamper is primed to revolutionize the copper industry and capitalize on the unprecedented growth in renewable energy, electric vehicles (EVs), and artificial intelligence (AI).
The Company's comprehensive analysis has illuminated the critical shortage of minerals essential for meeting the ambitious emissions reduction and EV mandates from governments worldwide. Management's examination of current and future supply, coupled with an evaluation of potential substitutes, underscores the dire need for proactive measures. Anticipated copper requirements far exceed available stocks, creating an urgent demand for innovative solutions and strategic investments.
Stamper's copper assets represent, prospective high-grade discoveries in safe jurisdictions. These assets are not only poised to meet current demand for copper investment and development but present shareholders with an opportunity to thrive amidst the anticipated surge in copper prices.
According to S&P Global Commodity Insights, the demand for copper is set to nearly double to 50 million tonnes per year by 2035, driven by the unprecedented growth in renewables, EVs, and AI. Goldman Sachs predicts a continued appreciation of copper prices, with estimates nearing $15,000 US per tonne by the end of 2024.
Stamper's forward-thinking approach, combined with our commitment to energy commodities, positions the Company as a well considered choice for investors seeking to capitalize on the burgeoning copper market.
Sources:
https://www.ft.com/content/8b60f39a-ddc9-42ab-bbab-290e5cdb00e0
https://www.bloomberg.com/news/articles/2024-04-25/why-copper-shortages-could-threaten-the-energy-transition?embedded-checkout=true
https://www.iea.org/reports/the-role-of-critical-minerals-in-clean-energy-transitions/executive-summary
About Stamper Oil & Gas
Stamper Oil & Gas Corp. (TSXV: STMP) is an "Energy Commodity Focused" resource company, seeking to acquire interests in mineral and/or oil & gas resource properties focused on energy creation, storage or delivery. The Company is committed to creating sustainable shareholder value by evaluating and developing future prospects into commercially viable assets.
ON BEHALF OF THE BOARD OF DIRECTORS
"Bryson Goodwin"
Bryson Goodwin, President & CEO
Chairman of Board of Directors
For further information, please contact:
Phone: 604-341-1531
Email: brysongoodwin@shaw.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Often, but not always, forward-looking information and information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the Company's copper assets, an anticipated copper shortage due to ambitious emissions reduction and EV mandates from governments worldwide and opportunities which will arise from the Company's strategic acquisition of copper assets. The forward-looking information reflects management's current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking information. Such risk factors may include, among others, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation and environmental regulation; the need to obtain required approvals from regulatory authorities; stock market volatility; competition for, among other things, skilled personnel and supplies; incorrect assessments of the value of acquisitions; geological, technical, processing and transportation problems; and the other factors. Although the Company believes that the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed time frames or at all. Factors that could cause actual results or events to differ materially from current expectations include: (i) adverse market conditions; and (ii) other factors beyond the control of the Company. New risk factors emerge from time to time, and it is impossible for the Company's management to predict all risk factors, nor can the Company assess the impact of all factors on Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking information. The forward-looking information included in this news release are made as of the date of this news release and the Company expressly disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable law. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which are available at www.sedarplus.ca.
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