Battery Metals

Brunswick Exploration Announces Brokered Private Placement for Up to C$4.0M and Concurrent Non-Brokered Private Placement of C$0.5M

Brunswick Exploration Announces Brokered Private Placement for Up to C$4.0M and Concurrent Non-Brokered Private Placement of C$0.5M

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Brunswick Exploration Inc. (" BRW " or the " Company ") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as lead agent and sole bookrunner on behalf of a syndicate of agents (the " Agents ") in connection with a "best-efforts", private placement (the " Offering ") for gross proceeds of up to C$4,000,000 from the sale of the following:

  • up to 2,666,667 Quebec-eligible flow-through units of the Company to be sold to charitable purchasers (each, a " Quebec Charity FT Unit ") at a price of C$0.75 per Quebec Charity FT Unit for gross proceeds of up to C$2,000,000 from the sale of Quebec Charity FT Units; and
  • up to 3,571,429 flow-through units of the Company to be sold to charitable purchasers (each, a " National Charity FT Unit ", and collectively with the Quebec Charity FT Units, the " Offered Securities ") at a price of C$0.56 per National Charity FT Unit for gross proceeds of up to C$2,000,000 from the sale of National Charity FT Units.

Mr. Killian Charles, President of BRW, commented: "With today's announcement, Brunswick Exploration will be well positioned to launch one of Canada's largest lithium grassroot exploration program in 2023 targeting a multitude of untested pegmatites in several provinces."

Each Quebec Charity FT Unit will consist of one common share of the Company (each, a " Common Share ") to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) and the Taxation Act (Quebec) (each, a " Quebec FT Share ") and one half of one common share purchase warrant (each whole warrant, a " Warrant "). Each National Charity FT Unit will consist of one Common Share to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (each, a " National FT Share ", and collectively with the Quebec FT Shares, the " FT Shares ") and one half of one Warrant. Each whole Warrant shall entitle the holder to purchase one Common Share at a price of C$0.75 at any time on or before that date which is 36 months after the Closing Date (as herein defined).

The Agents will have an option, exercisable in full or in part, up to 48 hours prior to the closing of the Offering, to sell up to an additional C$1,000,000 in any combination of Quebec Charity FT Units and National Charity FT Units at the offering prices.

Concurrent to the brokered private placement, Brunswick Exploration will also issue up to 962,000 shares at a price of C$0.52 per share as part of a non-brokered Quebec eligible flow-through share private placement. These shares will be subject to a statutory four month hold period.

The Company intends to use the proceeds raised from the Offering for exploration of the Company's projects in Quebec, Ontario, New Brunswick and Newfoundland. Proceeds from the sale of FT Shares will be used to incur "Canadian exploration expenses" as defined in subsection 66.1(6) of the Income Tax Act , "flow through mining expenditures" as defined in subsection 127(9) of the Income Tax Act and, for Quebec-eligible proceeds using the two 10% enhancements under section 726.4.9 and section 726.4.17.1 of the Taxation Act (Quebec). Such proceeds will be renounced to the subscribers with an effective date not later than December 31, 2022, in the aggregate amount of not less than the total amount of gross proceeds raised from the issue of FT Shares.

Both the brokered Offering and non-brokered private placement are scheduled to close on or around December 22, 2022 and are subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (" NI 45-106 "), the Offered Securities will be offered for sale to purchasers resident in Canada pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the " Listed Issuer Financing Exemption "). Since the Offering is being completed pursuant to the Listed Issuer Financing Exemption, the securities issued in the Offering will not be subject to a hold period pursuant to applicable Canadian securities laws. There is an offering document related to the Offering that can be accessed under the Company's profile at www.sedar.com and on the Company's website at www://brwexplo.ca. Prospective investors should read this offering document before making an investment decision.

As consideration for their services, the Agent will receive a cash commission of 7.0% of the gross proceeds of the Offering.

The securities described herein have not been, and will not be, registered under the United States Securities Act, or any state securities laws, and accordingly may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

About Brunswick Exploration

Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX-V under the symbol BRW. The Company is focused on grassroots exploration for hard rock lithium deposits in Eastern Canada, a critical metal necessary to global decarbonization and energy transition. The company is rapidly advancing the most extensive grassroots lithium property portfolio in Eastern Canada with holdings in Quebec, Ontario, New Brunswick and Newfoundland.

Investor Relations/information

Mr. Killian Charles, President (info@BRWexplo.com)

Cautionary Statement on Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Such forward-looking information includes, but is not limited to, statements concerning the Corporation's expectations with respect to the use of proceeds and the use of the available funds following completion of the Offering; and completion of the brokered Offering and non-brokered private placement and the date of such completion. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration and development industry; and those risks set out in the Corporation's public documents filed on SEDAR at www.sedar.com. Although the Corporation believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.


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Brunswick Exploration Inc. Invites Shareholders and Investment Community to Visit Us at Booth 405 at the VRIC in Vancouver, January 29-30 2023

Brunswick Exploration Inc. Invites Shareholders and Investment Community to Visit Us at Booth 405 at the VRIC in Vancouver, January 29-30 2023

Brunswick Exploration Inc. (TSXV: BRW) would like to cordially invite you to visit us at Booth #405 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Sunday January 29 - Monday January 30, 2023.

Notable keynote speakers include former Premier of BC Christy Clark and former Premier of Saskatchewan, Brad Wall. Other keynote speakers will include dozens of globally respected economists, legendary money managers, and investors.

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Ultra Lithium Intersects 2.68 Percent Lithium Oxide at The Forgan Lake Lithium Property in Northern Ontario, Canada

Ultra Lithium Intersects 2.68 Percent Lithium Oxide at The Forgan Lake Lithium Property in Northern Ontario, Canada

Ultra Lithium Inc. ( TSX-V:ULT, OTCQB: ULTXF and Frankfurt: QFB ) ("Ultra Lithium" or "the Company") is pleased to announce that the Company has received the first batch of drilling results from four diamond drill holes at its 100% owned Forgan Lake Lithium Property in northwestern Ontario, Canada. The drilling was contracted to Diafore Drilling Inc. from Quebec who completed 31 NQ and HQ size core drill holes with a cumulative drilling of 3,635 metres. The results of four drill holes intersected lithium pegmatites of various widths (see Table 1 and 2 for details).

Highlights

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Argentina Lithium to Present at the Emerging Growth Conference and Invites Individual and Institutional Investors as well as Advisors and Analysts, to Attend Its Real-Time, Interactive Presentation

Argentina Lithium to Present at the Emerging Growth Conference and Invites Individual and Institutional Investors as well as Advisors and Analysts, to Attend Its Real-Time, Interactive Presentation

Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce that it has been invited to present at the Emerging Growth Conference on February 8, 2023 .

Argentina Lithium & Energy Logo (CNW Group/Argentina Lithium & Energy Corp.)

The next Emerging Growth Conference is presenting on February 8, 2023 . This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company's VP Exploration, Miles Rideout , in real time.

Mr. Rideout will perform a presentation and may subsequently open the floor for questions. Please submit your questions in advance to Questions@EmergingGrowth.com or ask your questions during the event and Mr. Rideout will do his best to get through as many of them as possible.

Argentina Lithium & Energy Corp. will be presenting at 3:10 PM Eastern time .

Please register here to ensure you are able to attend the conference and receive any updates that are released.

https://goto.webcasts.com/starthere.jsp?ei=1589451&tp_key=60f8292c14&sti=pnxlf

If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and on the Emerging Growth YouTube Channel, http://www.YouTube.com/EmergingGrowthConference . We will release a link to that after the event.

About the Emerging Growth Conference

The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services and other major announcements to the investment community from the convenience of their office, in a time efficient manner.

The Conference focus and coverage includes companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long term growth. Its audience includes potentially tens of thousands of Individual and Institutional investors, as well as Investment advisors and analysts.

All sessions will be conducted through video webcasts and will take place in the Eastern time zone.

About Argentina Lithium

Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them toward production in order to meet the growing global demand from the battery sector. The management group has a long history of success in the resource sector of Argentina and has assembled a first-rate team of experts to acquire and advance the best lithium properties in the "Lithium Triangle". The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

"Nikolaos Cacos"

____________________________
Nikolaos Cacos , President, CEO and Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements.  Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the Company's plans for its mineral properties; the Company's business strategy, plans and outlooks; the future financial or operating performance of the Company; and future exploration and operating plans are forward-looking statements.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the impact of COVID-19; risks and uncertainties related to the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/argentina-lithium-to-present-at-the-emerging-growth-conference-and-invites-individual-and-institutional-investors-as-well-as-advisors-and-analysts-to-attend-its-real-time-interactive-presentation-301741225.html

SOURCE Argentina Lithium & Energy Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2023/07/c3557.html

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Canada Silver Cobalt Releases Cobalt - Nickel Assays of 11 and 4 Percent Respectively from Concentrate of Castle Mine Waste Rock

Canada Silver Cobalt Releases Cobalt - Nickel Assays of 11 and 4 Percent Respectively from Concentrate of Castle Mine Waste Rock

(TheNewswire)

Canada Silver Cobalt Works Inc.

Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce that it has completed re-processing waste rock material from Castle Mine for battery minerals, in Gowganda, Ontario

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Canada Silver Cobalt Releases Cobalt - Nickel Assays of 11 and 4 Percent Respectively from Concentrate of Castle Mine Waste Rock

Canada Silver Cobalt Releases Cobalt - Nickel Assays of 11 and 4 Percent Respectively from Concentrate of Castle Mine Waste Rock

Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (FSE: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce that it has completed re-processing waste rock material from Castle Mine for battery minerals, in Gowganda, Ontario.

"Re-processing the mine waste rock to limit the amount of soluble metals entering the water and into the surrounding water shed, thereby contributing to the global green incentives," commented Frank J. Basa, B.Eng., CEO, "reinforcing our ESG commitments."

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Nevada Sunrise Intersects 929.8 ppm Lithium over 1,130 feet at the Gemini Lithium Project, Nevada

Nevada Sunrise Intersects 929.8 ppm Lithium over 1,130 feet at the Gemini Lithium Project, Nevada

Nevada Sunrise Metals Corp. ("Nevada Sunrise", or the "Company") (TSXV: NEV) is pleased to announce that the Company has received final geochemical analyses for lithium mineralization in sediments and groundwater collected from borehole GEM22-03, drilled at its 100%-owned Gemini Lithium Project ("Gemini") located in the Lida Valley basin in Esmeralda County, Nevada . Drilling of borehole GEM22-03 began on October 18, 2022 and was completed to a depth of 1,620 feet (493.90 metres) on December 16, 2022 .

Highlights of GEM22-03
  • Borehole GEM22-03 intersected 929.80 parts per million ("ppm") lithium-in-sediment over 1,130 feet from 280 feet (85.37 metres) to 1,410 feet (344.51 metres), including 1,342.20 ppm lithium over 350 feet (106.71 metres) and 1,955 ppm lithium over 30 feet (9.15 metres) (see Table 1 below for greater detail on mineralized intervals);
  • GEM22-03 was completed at a location approximately 0.47 miles (0.76 kilometres) north of GEM22-01 and 1.14 miles (1.83 kilometres) north of GEM22-02, thereby successfully extending the lithium mineralized zone to the north.
  • Groundwater sample analyses showed anomalous concentrations of lithium in groundwater flows intersected within the hole, including two significant intervals of 120 milligrams/litre lithium ("mg/L") in a water flow of 14.22 gallons per minute ("gpm") from 1,100 to 1,120 feet (335.37 to 341.46 metres), and 110 mg/L lithium in a water flow of 16.4 gpm from 1,200 to 1,220 feet (365.85 to 371.95 metres).

Table 1.  Final Lithium-in-Sediment analytical results from borehole GEM22-03

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ALX Resources Corp. Provides Quebec Lithium Projects Exploration Update and Reports Acquisition by Staking of Python Lithium Showing

ALX Resources Corp. Provides Quebec Lithium Projects Exploration Update and Reports Acquisition by Staking of Python Lithium Showing

ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to provide an update on its recent lithium exploration activities in the James Bay Region of the Province of Quebec, Canada.

On January 31, 2023, the Company received a report from its geological contractor, Dahrouge Geological Consulting of Montreal, QC, on the results of a reconnaissance prospecting program completed in October 2022 at the Hydra Lithium Project ("Hydra", or the "Project"). Also in late January 2023, ALX staked a new sub-project known as the Python Project ("Python"). Python covers a historically sampled, lithium-bearing pegmatite showing located within a prospective geological trend of mafic gneiss, interpreted to be volcanic rocks within an unnamed greenstone belt.

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