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Press Release - MINING.COM

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Earl Resources Limited: Acquisition of Energy Storage Property, Reactivation and Concurrent Private Placement Financing


Earl Resources Limited: Acquisition of Energy Storage Property, Reactivation and Concurrent Private Placement Financing
VANCOUVER, BC / ACCESSWIRE / March 17, 2021 / Earl Resources Limited (the
Company ) (TSXV:ERL.H) is pleased to announce that it has entered into an agreement with Kepis & Pobe Financial Group Inc. ( K & P ), a boutique private equity energy firm, to acquire an assignment and novation of earn-in rights to targeted properties in the USA. The parties to the assignment are at arm s length. The agreement will allow the Company to acquire for consideration to be negotiated with the property vendors, a property or properties in Northwest Arizona for the purposes of developing bedded and domal salt cavern energy storage, to store compressed air/hydrogen for Long Term Energy Storage purposes (the Acquisition ). The purchase price for the Acquisition will consist of an assignment of 10% of the earn in rights to K & P or it s assigns, and the Company funding the ....

United States , British Columbia , Paul Larkin , Kostenloser Wertpapierhandel , Clarus Securities Inc , Earl Resources Ltd , Kepis Pobe Financial Group Inc , Long Term Energy Storage , Earl Resources Limited The Company , Venture Exchange , Regulation Services Provider , Kearl Resources , Earl Resources Limited , Pobe Financial Group , Northwest Arizona , News Release , Clarus Securities , North America , ஒன்றுபட்டது மாநிலங்களில் , பிரிட்டிஷ் கொலம்பியா , பால் லர்கின் , கிளாரஸ் பத்திரங்கள் இன்க் , ஏர்ல் வளங்கள் லிமிடெட் , நீண்டது கால ஆற்றல் சேமிப்பு , ஏர்ல் வளங்கள் வரையறுக்கப்பட்டவை தி நிறுவனம் , துணிகர பரிமாற்றம் ,