Nine Mile settles $35,884 debt with 149,330 shares

May 4, 2023

2023-05-03 17:00 ET – News Release

Mr. Charles MaLette reports

NINE MILE ISSUES SHARES TO SCANDINAVIAN ALLIANCE FOR SERVICES

Nine Mile Metals Ltd. has converted debt and issued shares pursuant to its business development and marketing consulting agreement with Karlsson Group Ltd., doing business as Scandinavian Alliance, entered into on March 1, 2023.

The company has issued Scandinavian Alliance 149,330 common shares at a deemed price of 24.03 cents per share in a debt conversion for the payment of $35,884 owed to Scandinavian Alliance for work already completed under the agreement. The common shares are subject to a four-month-and-a-day hold period. The consultant is not a related party of the company.

About Nine Mile Metals Ltd.

Nine Mile Metals is a Canadian public mineral exploration company focused on critical minerals exploration (CME) VMS (volcanogenic 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 minerals exploration (CME), positioning for the boom in EVs (electric vehicles) and green technologies requiring copper, silver, lead and zinc with a hedge with gold.

We seek Safe Harbor.

https://ninemilemetals.com/