Nine Mile makes California Lake, Canoe option payments
2023-04-25 23:28 ET – News Release
Mr. Patrick Cruickshank reports
NINE MILE CONTINUES CALIFORNIA LAKE AND CANOE LANDING LAKE EAST OPTION WITH FIRST ANNIVERSARY PAYMENTS
Nine Mile Metals Ltd. has made payments under its option to purchase 100 per cent of the California Lake and Canoe Landing Lake East mineral projects, dated April 25, 2022. The option and payments were previously announced on April 26, 2022.
The company has issued 333,334 common shares at a deemed price of 20.25 cents per share and has paid $20,000 to the vendors, in accordance with the option.
About Nine Mile Metals Ltd.
Nine Mile is a Canadian public mineral exploration company focused on critical mineral exploration (CME) volanogenic massive sulphide (copper, lead, zinc, silver and gold) exploration in the world-famous Bathurst mining camp, New Brunswick, Canada. The company’s primary business objective is to explore its four VMS projects: Nine Mile Brook VMS, California Lake VMS, Canoe Landing Lake (East-West) VMS and the new Wedge VMS projects. The company is focused on critical mineral exploration, positioning for the boom in electric vehicle and green technologies requiring copper, silver, lead and zinc with a hedge with gold.
We seek Safe Harbor.