First Energy Metals Signs Option Agreement to Acquire Lithium Property in Nevada
First Energy Metals Signs Option Agreement to Acquire Lithium Property in Nevada |
[20-June-2018] |
VANCOUVER, June 20, 2018 /CNW/ - First Energy Metals Ltd. (TSX V: FE) (the "Company") is pleased to announce that it has signed an option agreement to acquire 100% interest in Highway 95 property ("Highway Property"). The property consists of claim blocks totalling 2,400 hectares land, located in Nye County, Nevada. Under the terms of the option agreement, the Company can earn 100% interest in the Highway 95 Lithium property by making cash payments, issuing shares and carrying out exploration work as follows;
About First Energy Metals Limited. First Energy Metals Limited is a junior resource company engaged in the exploration and development of energy metals such as lithium, cobalt, and graphite within its property portfolio in North America. The Company's goal is to acquire prospective technology metals projects and develop them. The Company currently holds a 100% interest in the Kootenay Lithium Property, an option to acquire 100% interest in Phyllis Cobalt property in Ontario, Canada, in addition to the recently optioned Russel Graphite Property in Gatineau area of Quebec. First Energy Metals Limited (formerly "Agave Silver ") was incorporated on October 12, 1966 in the Province of British Columbia. The Company's common shares trade on the TSX Venture Exchange under the symbol FE and are also listed on the US OTC Markets (Pink) as ASKDF and on the Frankfurt Stock Exchange as A2JC89. ON BEHALF OF THE BOARD OF "Gurminder Sangha" Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release. Forward-looking Information SOURCE First Energy Metals Limited | ||
Company Codes: OTC-PINK:ASKDF, TorontoVE:FE |
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