West Vancouver, British Columbia–(August 22, 2024) – A mineral exploration company, referred to as M3 Metals Corp. in the industry, is pleased to announce that M3 Metals and Surge Battery Metals (“Surge”) have entered into a property purchase and sale agreement. Under this agreement, M3 Metals will sell its interest in the Texas Springs Properties to Surge in exchange for 1,200,000 common shares of the Company.
The Texas Springs Properties are jointly owned by M3 Metals and Surge, each holding a 50% stake. The mineral property option agreement that was previously in place has been terminated by the Purchase Agreement. Upon closing the deal, Surge will have full ownership of the Properties in the area of the Nevada North Lithium Project.
Further details regarding the Texas Springs Properties can be found in the news releases issued by M3 Metals on July 26, 2023. The completion of the Purchase Agreement is subject to approval by the TSX Venture Exchange.
M3 Metals Corp. aims to create shareholder value through the exploration and development of mineral properties in North America. For more information, please visit M3 Metals’ official website at www.m3metalscorp.com or contact investor relations at (604) 669-2279.
This press release may contain forward-looking statements, which are subject to various risks and uncertainties. The Company does not undertake any obligation to update these statements except as required by law.
SOURCE: M3 Metals Corp.
