Halifax, Nova Scotia (Newsfile Corp. - June 2, 2021) - Battery Road Capital Corp., (TSXV: BTRY.P) ("Battery Road"), a capital pool company listed on the TSX Venture Exchange (the "TSXV"), is pleased
The last year while challenging has created exceptional opportunities for investment in the resource sector. We were extremely disappointed that the transaction to acquire 100% of the share capital of E-Tech Metals Ltd was terminated without cause as we had materially advanced the due diligence process and the preparation of a prospectus. We however quickly identified New Generation Metals Limited ( NGM ) as an exceptional alternative and have managed to preserve much of the prospectus preparation that we had completed to smoothly change to the proposed new transaction. NGM is a UK private company, whose principal asset is the Kathleen Valley gold project ( Project ) in Western Australia. The Project is located in the prolific Wiluna-Norseman gold belt which hosts several world-class mines owned by a number of premier Australian gold companies including Northern Star and St Barbara. NGM holds other nickel and cobalt assets in Weste