Appia Engages Generation IACP to Provide Market Making Services

Appia Engages Generation IACP to Provide Market Making Services

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce that it has engaged Generation IACP Inc. ("IACP") to provide services as a market maker in compliance with the policies and guidelines of the Canadian Securities Exchange and other applicable legislation.

IACP will receive a fee of C$7,500 plus applicable taxes per month. The agreement between the Company and Generation is for an initial term of six (6) months and shall be automatically renewed for subsequent six (6) month periods (collectively, the "Term") unless the Company provides written notice of termination to IACP at least 30 days prior to the end of the Term or IACP provides a written notice of termination to the Company. Commencing on the first anniversary of the agreement, the fee payable to Generation will automatically increase annually by 3%.

No stock options or other compensation are being granted in connection with the engagement. IACP does not currently own any securities of the Company; however, IACP and its clients may acquire an interest in the securities of the Company in the future.

IACP is an arm's length party to the Company. IACP's market making activity will be primarily to correct temporary imbalances in the supply and demand of the Company's shares. IACP will be responsible for the costs it incurs in buying and selling the Company's shares, and no third party will be providing funds or securities for the market making activities.

About Generation IACP Inc.

IACP is based in Toronto, Ontario, and is an independently held and registered broker and member of the Investment Industry Regulatory Organization of Canada, the TSX-V, the Canadian Securities Exchange, and the NEO Exchange, and is a Participating Organization, as such term is defined in the rules and policies of the Toronto Stock Exchange.

About Appia Rare Earths & Uranium Corp. (Appia)

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 94,982.39 hectares (234,706.59 acres) in Saskatchewan. The Company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Lastly, the Company holds the right to acquire up to a 70% interest in the PCH Project (See June 9th, 2023 Press Release - Click HERE) which is 40,963.18 ha. in size and located within the Goiás State of Brazil. (See January 11th, 2024 Press Release - Click HERE)

Appia has 136.3 million common shares outstanding, 144.5 million shares fully diluted.

Cautionary note regarding forward-looking statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

For more information, visit www.appiareu.com.

As part of our ongoing effort to keep investors, interested parties and stakeholders updated, we have several communication portals. If you have any questions online (X, Facebook, LinkedIn) please feel free to send direct messages.

To book a one-on-one 30-minute Zoom video call, please click here.

Contact:

Tom Drivas, CEO and Director
(c) (416) 876-3957
(e) tdrivas@appiareu.com

Stephen Burega, President
(c) (647) 515-3734
(e)
sburega@appiareu.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/205641

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Appia Rare Earths & Uranium (CSE:API)

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Appia Announces Significant Results from Two Additional Exploration New Targets Electra and Maia at PCH Project

Appia Announces Significant Results from Two Additional Exploration New Targets Electra and Maia at PCH Project

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today the results from 2 newly identified exploration targets - Electra and Maia. A total of 196 samples from 25 auger drill holes were assayed by SGS-GEOSOL Laboratories in Vespasiano, Brazil. The results confirm again that the regolith developed over the Ipora Granite presented significant enrichment of Heavy Rare Earth Oxides (HREO), indicative of the Ionic Adsorption Clay (IAC) rare earth elements (REE) deposits similar to the Target IV zone already identified as IAC REE. This will be confirmed by the desorption analysis which is currently underway.

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Appia Rare Earths and Uranium Corp. to Present at the Clean Energy & Precious Metals Hybrid Investor Conference on May 23rd, 2024

Appia Rare Earths and Uranium Corp. to Present at the Clean Energy & Precious Metals Hybrid Investor Conference on May 23rd, 2024

Appia Rare Earths & Uranium Corp. (the " Company " or " Appia ") (CSE: API) (OTCQX: APAAF) (FWB: A0I0) (MUN: A0I0) (BER: A0I0) today announced that Stephen Burega, President, will present live at the Clean Energy & Precious Metals Hybrid Investor Conference, hosted by VirtualInvestorConferences.com, on May 23 rd 2024.

DATE : May 23 rd , 2024

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Appia Signs MOU to Option Elliot Lake Property

Appia Signs MOU to Option Elliot Lake Property

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today that it has signed a non-binding memorandum of understanding ("MOU") with 15997356 Canada Inc. (the "Purchaser") to option up to a 100% working interest in the Company's Elliot Lake Uranium Project ("Elliot Lake") located in Elliot Lake Ontario (the "Transaction").

The Transaction is subject to the parties entering into a Definitive Agreement setting out the terms and conditions for the Transaction. The Purchaser can earn a 51% interest in Elliot Lake by paying $25 million (the "Initial Cash Consideration") to Appia by October 31, 2024 (the "Closing Date of Stage One"). The Transaction is conditional upon the Purchaser providing a financing commitment to Appia on or before July 9, 2024, failing which Appia can terminate the Transaction. The Purchaser has the right to assign the MOU to another private or public company.

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Appia Announces Encouraging Initial Results from the Newly Identified Taygeta and Merope Exploration Targets at PCH Project, Brazil

Appia Announces Encouraging Initial Results from the Newly Identified Taygeta and Merope Exploration Targets at PCH Project, Brazil

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today the results from the newly identified exploration targets Taygeta and Merope. A total of 111 samples from 18 auger drill holes were assayed by SGS-GEOSOL Laboratories in Vespasiano, Brazil. The results confirm that the regolith developed over the Ipora Granite presented significant enrichment of Heavy Rare Earth Oxides (HREO), characteristic of the Ionic Adsorption Clay (IAC) rare earth elements (REE) deposits identified at other PCH target zones.

Stephen Burega, President, commented, "These initial results from the auger drill program are very promising, and provide us with a strong indication that the PCH project can host multiple new IAC REE mineralized areas in addition to the resource already identified in our maiden Mineral Resource Estimate (MRE) completed by SGS Canada. Additionally, these new target zones are considerably larger in total area as compared to the Target IV. Desorption test results will be reported once received."

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Appia Rare Earths & Uranium Corporation Will Present at John Tumazos Very Independent Research

Appia Rare Earths & Uranium Corporation Will Present at John Tumazos Very Independent Research

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") invites you to register for a webinar on May 14th at 9:45 AM EDT, Eastern Daylight Time (North America) with Appia Rare Earths & Uranium Corp.'s President, Mr. Stephen Burega and VP of Exploration, Brazil, Mr. Andre Costa, and renowned former Wall Street analyst, John Tumazos of Very Independent Research. John will dig in on the latest developments at Appia Rare Earths & Uranium Corp. with plenty of probing inquiries.

To register for the event click here.

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Clean Energy & Precious Metals Hybrid Investor Conference Agenda Announced for May 23rd

Clean Energy & Precious Metals Hybrid Investor Conference Agenda Announced for May 23rd

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the Clean Energy & Precious Metals Hybrid Virtual Investor Conference. Individual investors, institutional investors, advisors, and analysts are invited to attend.

This in-person and virtual event will showcase live company presentations and interactive discussions featuring all types of metals including Gold, Silver, Palladium, Platinum and "Clean Energy Metals" such as Cobalt, Copper, Nickel, Phosphate, Rare Earth Elements, Uranium and Zinc. Company executives and industry experts will present live from the OTC Markets Group headquarters at 300 Vesey Street in New York City. All presentations will be broadcast to the Virtual Investor Conferences community. For those who are interested in attending, there are two ways to register:

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Aclara Appoints Dr. Kurt Forrester as Lead Advisor to Its Heavy Rare Earths Separation Project

Aclara Appoints Dr. Kurt Forrester as Lead Advisor to Its Heavy Rare Earths Separation Project

Aclara Resources Inc. ("Aclara" or the "Company") (TSX:ARA) is pleased to announce the appointment Dr. Kurt Forrester as lead advisor for the technical development of its heavy rare earths separation project. Dr. Forrester is an international renowned chemical engineer with more than 20 years of experience in solvent extraction and other separation technologies across commodities including rare earth elements, base metals and industrial minerals

Aclara CEO, Ramon Barua, commented:

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AU$100 notes spread across a table.

Australia Allocates AU$566.1 Million for Critical Minerals Exploration

In a bid aimed at fortifying Australia's position as a global leader in critical minerals and renewable energy, the Albanese government has announced a 10 year, AU$566.1 million investment into critical minerals exploration.

“There is no nation on earth better placed than Australia to achieve our goal of moving toward a clean energy future,” remarked Prime Minister Anthony Albanese in a Wednesday (May 8) press release.

“This investment highlights my Government’s commitment to building a secure and sustainable future for all Australians. By investing significantly in geoscience, we can boost our progress towards net zero,” he added.

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West High Yield  Resources Ltd. Announces Final Closing of Oversubscribed Private Placement and Signing of Sponsorship Agreement

West High Yield Resources Ltd. Announces Final Closing of Oversubscribed Private Placement and Signing of Sponsorship Agreement

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (the "Company" or "West High Yield") is pleased to announce that, further to its news releases dated February 26, 2024, March 14, 2024, April 10, 2024 and April 18, 2024, it has closed the final tranche (the "Closing") of its previously announced private placement offering (the "Offering") of units (the "Units").

Offering

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Uranium Sector Expected to See a Run as Positive Momentum and Demand Builds

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FN Media Group News Commentary - An article from REUTERS on the Uranium markets earlier this year painted a prosperous picture for the global Uranium. The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike. While many other investment banks are still avoiding uranium, Goldman and Macquarie are boosting trading in physical uranium and in Goldman's case trading its options as well, five industry and hedge fund sources with knowledge of the deals said. The heightened activity comes as utilities seek new supplies amid shortfalls that have lifted prices to 16-year highs ."   It continued: "A few hedge funds are also stepping up involvement in both equities and physical uranium, a sign that the metal is starting to broaden its appeal to financial institutions after a decade in the doldrums following the Fukushima nuclear disaster.   With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector. A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium.   The metal has captured investors' attention after prices doubled over the past year to $102 a pound as top producers Kazatomprom and Cameco cut production guidance because reopened mines that had been mothballed struggled to ramp up production to meet renewed demand."   Active mining companies in the markets this week include Stallion Uranium Corp. (OTCQB: STLNF) (TSX-V: STUD) (, enCore Energy Corp. (NASDAQ: EU), Forum Energy Metals Corp. (OTCQB: FDCFF) (TSX-V: FMC), Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Ur-Energy Inc. (NYSE American: URG).

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ACLARA REPORTS ON VOTING RESULTS FROM THE 2024 ANNUAL GENERAL MEETING OF SHAREHOLDERS

ACLARA REPORTS ON VOTING RESULTS FROM THE 2024 ANNUAL GENERAL MEETING OF SHAREHOLDERS

 The Annual General Meeting of Shareholders (the " Meeting ") of Aclara Resources Inc. (" Aclara " or the " Company ") (TSX: ARA) was held today in Toronto, Ontario . Each of the matters voted upon at the Meeting is discussed in detail in the Company's management information circular dated April 5, 2024 (the " Circular "), which can be found under the Company's profile on SEDAR+ at www.sedarplus.ca .

Aclara Resources Inc. Logo (CNW Group/Aclara Resources Inc.)

The total number of votes cast by shareholders of the Company in person and by proxy at the Meeting was 104,205,909 votes, representing 62.62%. Each of the matters put forward before shareholders for consideration and approval at the Meeting, as described in the Circular, was duly approved by the requisite number of votes. These matters included the election of directors and the appointment of the auditor. The voting results are detailed below:

1. Election of Directors

Name of Nominee


Votes FOR


%


Votes WITHHELD


%

Eduardo Hochschild


92,464,826


94.14


5,754,485


5.86


Ramon Barua


92,872,513


94.56


5,346,798


5.44


Paul Adams


94,030,588


95.74


4,188,723


4.26


Eduardo Landin


92,538,800


94.22


5,680,511


5.78


Catharine Farrow


97,933,632


99.71


285,679


0.29


Maria Recart


98,131,039


99.91


88,272


0.09


Sanjay Sarma


97,905,072


99.68


314,239


0.32


Nicolás Hochschild


92,593,016


94.27


5,626,295


5.73


Joao Miranda


95,554,235


97.29


2,665,076


2.71


Jorge Born


92,589,487


94.27


5,629,824


5.73


2. Appointment of Auditor

Name of Auditor


Votes FOR


%


Votes WITHHELD


%

EY Servicios Profesionales
de Auditoría y Asesorías SpA


104,188,072


99.98


17,837


0.02

The Company has filed a report of voting results on all resolutions voted on at the Meeting under its profile on SEDAR+ at www.sedarplus.ca .

About Aclara

Aclara Resources Inc. (TSX: ARA) is a development-stage company that is focused on heavy rare earth mineral resources hosted in Ion-Adsorption Clay deposits. The Company's rare earth mineral resource development projects include the Penco Module in the Bio-Bio Region of Chile and the Carina Module in the State of Goiás, Brazil .

Aclara's rare earth extraction process offers several environmentally attractive features. Circular mineral harvesting does not involve blasting, crushing, or milling, and therefore does not generate tailings and eliminates the need for a tailing's storage facility. The extraction process developed by Aclara minimizes water consumption through high levels of water recirculation made possible by the inclusion of a water treatment facility within its patented process design. The ionic clay feedstock is amenable to leaching with a common fertilizer main reagent, ammonium sulfate. Further, harmful levels of radionuclides, typical of hard rock rare earth deposits, are not concentrated within the Aclara's processing flowsheet. In addition to the development of the Penco Module and the Carina Module, the Company will continue to identify and evaluate opportunities to increase future production of heavy rare earths through greenfield exploration programs and the development of additional projects within the Company's concessions in Brazil , Chile , and Peru .

SOURCE Aclara Resources Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2024/06/c3133.html

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