Chilean Metals Options High Grade Nickel Copper PGE Deposit in James Bay from Critical Elements
Chilean Metals Inc. is pleased to announce it has reached subject to TSX.V approval and agreement to acquire up to 80% of the NISK property via a series of option payments and work commitments as further detailed belowOption Terms:Grant of first optionThe Corporation grants to the Optionee the exclusive right and option to acquire, on or before the date that is three years from the TSX.V approval an initial 50% …
Chilean Metals Inc. (“Chilean Metals,” “CMX” or the “Company”) (TSXV:CMX)(SSE:CMX)(MILA:CMX) is pleased to announce it has reached subject to TSX.V approval and agreement to acquire up to 80% of the NISK property via a series of option payments and work commitments as further detailed below
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TORONTO, ON / ACCESSWIRE / December 23, 2020 / Chilean Metals Inc. ( Chilean Metals, CMX or the Company ) (TSXV:CMX)(SSE:CMX)(MILA:CMX) is pleased to announce it has reached subject to TSX.V approval and agreement to acquire up to 80% of the NISK property via a series of option payments and work commitments as further detailed below.
Option Terms:
Grant of first option
The Corporation grants to the Optionee the exclusive right and option to acquire, on or before the date that is three (3) years from the TSX.V approval (the Effective Date ) (the
First Option Period ), an initial 50% Earned Interest in the Property (the
Critical Elements Lithium Corporation: Critical Elements Crystallizes Nisk-1 Project Value by Signing Option Agreement With Chilean Metals /
Corporation or
Critical Elements ) (TSXV:CRE)(OTCQX:CRECF)(FSE:F12) is pleased to announce that it has entered into an agreement with
Chilean Metals Inc. (the Optionee ) (TSXV:CMX) to option up to 80% of the Nisk nickel-copper-PGE project (the Property or Nisk-1 ), in Quebec s Eeyou Istchee James Bay territory in Quebec.
Critical Elements CEO, Jean-Sébastien Lavallée, noted that Critical Elements vision is to create a large, responsible producer of lithium to supply the flourishing electric vehicle and energy storage systems industries. Our focus remains firmly on advancing and de-risking the Rose lithium-tantalum project ( Rose ), one of the highest purity undeveloped lithium projects globally and the Corporation s first. Beyond Rose and Nisk-1, Critical Elements retains 100% ownership in a highly prospective land position of