Resource News

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Metals & Mining Virtual Investor Conference to be held on Wednesday, July 27 th and Thursday, July 28 th .

Individual investors, institutional investors, advisors, and analysts are invited to attend this two-day virtual event showcasing live company presentations discussing their property positions, development schedules, market opportunity and investment highlights.

REGISTER NOW AT : https://bit.ly/3ocFpdy

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations and schedule 1x1 meetings with management.

"We are excited to host the upcoming two-day Metals and Mining Virtual Investor Conference, in conjunction with our newest sponsor Socialsuite," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. This event will feature more than 25 companies in the space as well as a keynote presentation from Seth Forman, President of Socialsuite, entitled: "ESG for Metals & Mining: How to get started fast."

"We're excited to participate in the Metals and Mining Virtual Investor Conference. Starting the ESG journey can be challenging for small to mid cap companies and we want to help them navigate those challenges in a sustainable, yet efficient way, said Seth Forman President of ESG at Socialsuite. I look forward to sharing the lessons our customers have learnt and how Socialsuite can help companies get started with ESG, fast."

July 27 th Agenda

Eastern
Time (ET)
Presentation Ticker(s)
9:30 AM GTI Energy Ltd. OTCQB: GTRIF | ASX: GTR
10:00 AM Peninsula Energy Ltd. OTCQB: PENMF | ASX: PEN
10:30 AM TRX Gold Corporation NYSE American: TRX | TSX: TNX
11:00 AM Bear Creek Mining Corp. OTCQX: BCEKF | TSX-V: BCM
11:30 AM Newcore Gold Ltd. OTCQX: NCAUF | TSX-V: NCAU
12:00 PM Socialsuite Keynote Presentation: "ESG for Metals & Mining: How to get started fast"
12:30 PM Minera Alamos, Inc. OTCQX: MAIFF | TSX-V: MAI
1:00 PM West Vault Mining Inc. OTCQX: WVMDF | TSX-V: WVM
1:30 PM ATAC Resources Ltd. OTCQB: ATADF | TSX-V: ATC
2:30 PM Brixton Metals Corp. OTCQB: BBBXF | TSX-V: BBB
3:00 PM Outcrop Silver & Gold Corp. OTCQX: OCGSF | TSX-V: OCG
3:30 PM Silver Mountain Resources Inc. OTCQB: AGMRF | TSX-V: AGMR
4:00 PM Thomson Resources Ltd. OTCQB: TMZRF | ASX: TMZ
4:30 PM Arizona Metals Corp. OTCQX: AZMCF | TSX-V: AMC


July 28
th Agenda:

Eastern
Time (ET)
Presentation Ticker(s)
9:30 AM Jindalee Resources, Ltd. OTCQX: JNDAF | ASX: JRL
10:00 AM Novo Resources Corp. OTCQX: NSRPF | TSX: NVO
10:30 AM White Rock Minerals Limited OTCQX: WRMCF | ASX: WRM
11:00 AM Callinex Mines Inc. OTCQX: CLLXF | TSX-V: CNX
11:30 AM TriStar Gold Inc. OTCQX: TSGZF | TSX-V: TSG
12:00 PM GoGold Resources, Inc. OTCQX: GLGDF | TSX: GGD
12:30 PM Silver Tiger Metals Inc. OTCQX: SLVTF | TSX-V: SLVR
1:00 PM Chesapeake Gold Corp. OTCQX: CHPGF | TSX-V: CKG
1:30 PM Viva Gold Corp. OTCQB: VAUCF | TSX-V: VAU
2:00 PM Cypress Development Corp. OTCQX: CYDVF | TSX-V: CYP
2:30 PM Karora Resources Inc. OTCQX: KRRGF | TSX: KRR
3:00 PM Headwater Gold Inc. OTCQB: HWAUF | CSE: HWG
3:30 PM Kodiak Copper Corp. OTCQB: KDKCF | TSX-V: KDK
4:00 PM Pacific Ridge Exploration Ltd. OTCQB: PEXZF | TSX-V: PEX
4:30 PM American Rare Earths Ltd. OTCQB: ARRNF | ASX: ARR


To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com .

About Virtual Investor Conferences ®

Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

Media Contact:
OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com

Virtual Investor Conferences Contact:
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com


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CYPRESS DEVELOPMENT ANNOUNCES DRILL RESULTS FROM CLAYTON VALLEY LITHIUM PROJECT, NEVADA

CYPRESS DEVELOPMENT ANNOUNCES DRILL RESULTS FROM CLAYTON VALLEY LITHIUM PROJECT, NEVADA

TSXV: CYP | OTCQX: CYDVF

Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1) ("Cypress" or "the Company") is pleased to report results from the recently completed drill program at its 100%-owned Clayton Valley Lithium Project ("Project"), in Nevada, USA . A sonic drill program was conducted in May 2022 to obtain sample material for lithium extraction testing at the Company's Lithium Extraction Facility ("Pilot Plant") in Amargosa Valley, Nevada and to supplement the Project's resource model for the Feasibility Study that is currently underway.

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Couloir Capital has Published a New Research Note on Cypress Development Corp

Couloir Capital has Published a New Research Note on Cypress Development Corp

Couloir Capital has Published a New Research Note on Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (FSE: C1Z1) ("CYP" or "Company"). The report is titled, "Feasibility Study Commenced, Ongoing Pilot Plant Testing Yields Positive Results."

The report can be accessed through Couloir Capital's portal: https://www.couloircapital.com/research-portal.

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Cypress Development Announces Positive Direct Lithium Extraction Results

Cypress Development Announces Positive Direct Lithium Extraction Results

Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1) ("Cypress" or "the Company") is pleased to announce positive results from the Direct Lithium Extraction ("DLE") portion of its Lithium Extraction Facility ("Pilot Plant") in Amargosa Valley, Nevada . Assays received from samples collected during continuous operating cycles in March, April, and May, 2022, revealed an average lithium recovery of 99.5% within the DLE portion of the Pilot Plant. These high lithium recoveries were accompanied with high levels of impurity rejection.

Cypress Development Corp. Logo (CNW Group/Cypress Development Corp.)

"We are very pleased with the DLE results from the Pilot Plant" said Bill Willoughby , Cypress President, and CEO. "Thanks to Chemionex, vendors of the DLE process, and the work of our team, the results are consistent over time and sufficient to give Cypress confidence in this part of our overall process. The information gained from the testing along with the license to the technology are important steps for Cypress and the ongoing Feasibility Study."

The DLE area is one part in the Pilot Plant and consists of a proprietary process and equipment acquired from Chemionex, Inc. Overall, lithium extraction begins in the Pilot Plant with acid leaching a slurry of lithium-bearing claystone. The lithium solution obtained from leaching then passes through several steps before entering the DLE process. In continuous 24-hour-per-day tests from the end of March through mid-May 2022 , lithium recoveries in the DLE portion were consistently above 99%. These high lithium recoveries were observed in 76 sets of feed and discharge samples. The samples were collected at 6-hour intervals over the operating periods and were assayed at ALS Global for lithium and other elements. Rejection of major cations, calcium and magnesium, during the period was also above 99%.

Based on these results, Cypress' Board of Directors has authorized the release of one million Cypress shares being held in escrow to Chemionex, thereby satisfying the terms of its July 5, 2021 , Share Purchase and License Agreement. With the completion of the purchase agreement, Cypress acquires full ownership of the equipment and a royalty-free license in perpetuity to use the Chemionex technology at its Pilot Plant and at the Company's Clayton Valley Lithium Project. The shares released are subject to the policies of the TSX Venture Exchange.

Qualified Person

Todd Fayram , MMSA-QP, is the qualified persons as defined by National Instrument 43-101 and have approved of the technical information in this release.

About Cypress Development Corp

Cypress Development Corp. is a Canadian based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA . Cypress is in the pilot stage of testing on material from its lithium-bearing claystone deposit and progressing towards completing a feasibility study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.

ON BEHALF OF Cypress Development Corp.
WILLIAM WILLOUGHBY , PhD., PE
President & Chief Executive Officer

www.cypressdevelopmentcorp.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Cautionary Note Regarding Forward-Looking Statements

This release includes certain statements that may be deemed to be "forward-looking statements". Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as " expects," "estimates," "projects," "anticipates," "believes," "could," "scheduled," and other similar words. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration, and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/cypress-development-announces-positive-direct-lithium-extraction-results-301571845.html

SOURCE Cypress Development Corp.

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CYPRESS DEVELOPMENT PROGRESS ON FEASIBILITY STUDY

CYPRESS DEVELOPMENT PROGRESS ON FEASIBILITY STUDY

Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1) ("Cypress" or "the Company") is pleased to provide an update on the progress of the ongoing Feasibility Study for the Company's Clayton Valley Lithium Project, in Nevada, USA . The Feasibility Study is under the direction of Wood PLC ("Wood") and Global Resource Engineering ("GRE") and all related work is proceeding well, and it remains on track for completion in late 2022.

Cypress Development Progress on Feasibility Study (CNW Group/Cypress Development Corp.)

Activity Highlights:
  • Geotechnical study in progress
  • Continued operation of the Pilot Plant
  • 500-ton bulk sample collected for further metallurgical material
  • Sonic drill program completed consisting of 580 meters in eight drill holes
  • Resource model updated with data from recently acquired property
Geotechnical Program

Wood personnel conducted on-site visits in supervising the collection of geotechnical data for the foundation design of the Company's processing plant site and tailings storage facility. The samples collected for Wood's geotechnical program were shipped to materials testing laboratories, and additional on-site work is planned in the next month.

GRE personnel conducted site visits in preparation to work on the Project's resources and reserves. GRE personnel supervised the collection of a suite of large-diameter core samples for assay and geotechnical testing, which will provide further information for GRE's work on the mine design.

Lithium Extraction Facility ("Pilot Plant")

Testing continues at Cypress' Pilot Plant in Amargosa Valley , 100 miles southeast of the Clayton Valley Lithium Project site. The Pilot Plant is now working in its 12 th cycle of continuous 24-hr per day testing. The tests are ongoing to examine efficiencies in processing, testing various configurations in equipment and operating conditions, and the plant continues to produce concentrated lithium solutions for use in downstream product testing.

Wood's process engineering team is working with Continental Metallurgical Services and the data from the Pilot Plant, to develop mass balance and equipment sizing. Wood's engineers are also working on the overall project infrastructure, including selection and design of access roads, plant equipment, power, and water supplies.

Bulk Sample

To support continued testing, a 500-tonne sample of claystone was excavated in late April from an engineered test-pit and transported to the Company's operations headquarters at the Tonopah airport, where it will be crushed, screened, and bagged in preparation for treatment at the Company's Pilot Plant. The sample was collected near DCH-1, and in the vicinity of the planned starter-pit for mining in the Feasibility Study.

"We are pleased with the bulk sampling work. The size of the bulk sample may be larger than necessary for the Pilot Plant to provide adequate information for the Feasibility Study" said President and CEO Bill Willoughby . "This sample, however, allows us to examine lithium grade and other properties in the claystone over a larger volume. It also ensures we have material on hand, should we need it, for future tests or continued operations."

Sonic Drill Program

Cypress is continuing to log and sample core from a sonic drill program which commenced and was completed in May. The purpose of the drill program was to obtain large-diameter (6-inch) continuous core. Eight locations were selected for metallurgical, geotechnical, lithological purposes. Each hole yielded 1.9 to 2.3 tonnes of claystone which will be used in metallurgical testing at the Company's Pilot Plant to examine if there are any variations in performance due to depth, location, or material type in the deposit.

Four of the holes (CSV-1 through CVS-4) were completed in the central portion of the project in the vicinity of the proposed starter-pit and the 500-tonne bulk sample.  Four other holes (CVS-5 through CVS-8) were completed in the northeast portion of the project on and near the parcel of property recently acquired from Enertopia Corporation ("Enertopia"). In addition to providing metallurgical sample material, these latter four holes will provide confirmation of the data from Enertopia's previous drilling.

"The drilling program proceeded better than expected and was very successful in this first application of sonic drilling in Clayton Valley" stated Daniel Kalmbach , Cypress Manager, Geology and QP. "The quality of the large-diameter core samples are excellent and will provide further valuable data for the Feasibility Study."

Resource Model

The recent addition of land acquired from Enertopia (see news release dated May 5, 2022 ) resulted in the addition of five core holes which were drilled by Enertopia in 2018. This property comprises 17 unpatented mining claims totaling 160 contiguous acres immediately adjacent to Cypress's Project. A March 2020 NI 43-101 compliant technical report (published by Enertopia) on the property shows an Indicated resource of 82 million tonnes (mt) of 1,121 parts per million (ppm) Li and an Inferred resource of 18 mt of 1,131 ppm Li using a cutoff grade of 400 ppm Li. Cypress has not independently confirmed the resource indicated in the March 2020 NI 43-101 report.

All data received from the property acquisition has been incorporated into the project database and is expected to be used by GRE to generate the resource and reserve estimates and develop the mine plan for the Feasibility Study

Qualified Person

Daniel Kalmbach , CPG, is the qualified persons as defined by National Instrument 43-101 and have approved of the technical information in this release.

About Cypress Development Corp

Cypress Development Corp. is a Canadian based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA . Cypress is in the pilot stage of testing on material from its lithium-bearing claystone deposit and progressing towards completing a feasibility study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.

WILLIAM WILLOUGHBY , PhD., PE

President & Chief Executive Officer

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Cautionary Note Regarding Forward-Looking Statements

This release includes certain statements that may be deemed to be "forward-looking statements". Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as " expects," "estimates," "projects," "anticipates," "believes," "could," "scheduled," and other similar words. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration, and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/cypress-development-progress-on-feasibility-study-301568346.html

SOURCE Cypress Development Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2022/15/c9009.html

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CYPRESS DEVELOPMENT DELIVERS SOLUTION FROM PILOT PLANT FOR TESTING PRODUCTION OF LITHIUM CARBONATE AND LITHIUM HYDROXIDE

CYPRESS DEVELOPMENT DELIVERS SOLUTION FROM PILOT PLANT FOR TESTING PRODUCTION OF LITHIUM CARBONATE AND LITHIUM HYDROXIDE

TSXV: CYP | OTCQX: CYDVF

Cypress Development Corp. ( TSXV: CYP ) (OTCQX: CYDVF ) (Frankfurt: C1Z1 ) ( " Cypress" or " the Company") is pleased to report that the  Company's Lithium Extraction Facility ("Pilot Plant") in Amargosa Valley, Nevada continues to operate successfully, reaching a milestone in the delivery of concentrated lithium solution to two laboratories in Canada for further testing in the production of lithium products.

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Foremost Lithium Announces First Anniversary Option Payment for the Jean Lake Lithium-Gold Property Snow Lake, Manitoba

Foremost Lithium Announces First Anniversary Option Payment for the Jean Lake Lithium-Gold Property Snow Lake, Manitoba

Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) ("Foremost" or the "Company") (www.foremostlithium.com) is pleased to announce that it will issue 335,235 common shares and has paid $50,000 in cash in satisfaction of its first anniversary option payment pursuant to the Company's option agreement with Mount Morgan Resources Ltd. to acquire a 100% interest in its Jean Lake lithium-gold project. The 1002 hectare Jean Lake Gold- Lithium project is located 570 km north of Winnipeg and 15 km east of the mining centre of Snow Lake Manitoba. The region hosts world-class gold, base-metal and gold-rich base-metal deposits and developing lithium resources.

The five claim, 1002-hectare Jean Lake Lithium and Gold Property is situated in west-central Manitoba, 15 kilometers east of the historic town of Snow Lake. It is hosted by the Early Proterozoic (1.832 Ga) Rex Lake Plutonic Complex which is a circular intrusion 8 km in diameter. The property hosts the historic west-northwest striking Beryl lithium pegmatites rediscovered in August of 2021 in blasted trenches beneath 80 years of organic deadfall and glacial sediment. The 270-degree trending dykes are characterized by coarse grained light green spodumene crystals in a matrix of potassium feldspar, quartz, and muscovite. The host rocks are coarsely porphyritic gabbro. The property also hosts the shear zone-hosted Sparky Gold Occurrence discovered in 1918. The gold mineralization is associated with disseminated and near-solid fracture fillings consisting of fine-grained to blocky arsenopyrite with lesser pyrite and chalcopyrite hosted within sheared and silicified massive basalt and gabbro.

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ACME Lithium Commences Phase 2 Field Work at Fish Lake Valley Nevada

ACME Lithium Commences Phase 2 Field Work at Fish Lake Valley Nevada

ACME Lithium Inc. (CSE: ACME) (OTCQB: ACLHF) (the "Company", or "ACME") announced today that it has commenced geological field work to further develop knowledge of lithium occurrences at ACME Lithium's FLV claim group in Fish Lake Valley, Nevada.

The FLV claim group encompass 144 lode mining claims totalling approximately 2,975 acres, in Esmeralda County, Nevada. Historical sampling had occurrences of up to 600 ppm lithium. Fine sediments the same age as Clayton Valley occur on the property with some beds enriched in lithium.

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Stan Bharti Acquires Securities of Jourdan Resources Inc.

Stan Bharti Acquires Securities of Jourdan Resources Inc.

On July 29, 2022, Stan Bharti acquired an aggregate of 5,000,000 flow-through common shares at a price of $0.10 per share and 6,250,000 units (each, a " Unit ") at a price of $0.10 per Unit of Jourdan Resources Inc. (the " Company ") ( TSX-V: JOR) pursuant to a flow-through and unit private placement financing for an aggregate cost of $1,000,000. Each Unit consists of one common share of the Company (each, a " Common Share ") and one Common Share purchase warrant (each, a " Warrant "). Each Warrant entitles Mr. Bharti to acquire one additional Common Share at an exercise price of $0.10 for a period of 24 months from issuance. Prior to the acquisition of the aforesaid securities, Mr. Bharti owned 20,000,000 Common Shares and 10,000,000 Warrants. As a result of this transaction, Mr. Bharti now owns 31,2500,000 Common Shares and 16,250,000 Warrants, which represent approximately 15.33% of the outstanding Common Shares on a non-diluted basis and 21.58% on a partially-diluted basis.

Mr. Bharti acquired the Common Shares for investment purposes. Mr. Bharti may acquire additional securities of the Company in the future, may dispose of some or all of the securities or may continue to hold his current position.

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Presenting on the Emerging Growth Conference on August 3 Register Now

Presenting on the Emerging Growth Conference on August 3 Register Now

EmergingGrowth.com a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth Companies and Markets announces the Schedule of the 36 th Emerging Growth Conference.

The Emerging Growth Conference identifies 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.

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Critical Elements Lithium Announces appointment of Mr. Yves Perron as Vice-President Engineering, Construction, and Reliability

Critical Elements Lithium Announces appointment of Mr. Yves Perron as Vice-President Engineering, Construction, and Reliability

Critical Elements Lithium Corporation (TSX-V:CRE) (OTCQX:CRECF) (FSE:F12) ("Critical Elements" or the "Corporation") is pleased to announce the appointment of Mr. Yves Perron as Vice-President Engineering, Construction and Reliability

Mr. Yves Perron, Eng., MBA brings extensive experience in mining sector, engineering and construction in Québec to the Corporation. He was appointed Vice-President, Engineering and Construction by Stornoway Diamond in June 2012 and Vice-President, Engineering and Construction for Mason Graphite in August 2018. Mr. Perron served as Vice-President Engineering and Construction for Loop Industries since January 2021. Mr. Perron has over 25 years of experience in project management in the industrial sector within major international firms. Prior to joining Stornoway, Mr. Perron was Vice-President, Business Development and Project Manager at Delsaer and Seneca. He also held several management positions in areas of production, operation start-ups, maintenance, engineering and project management with ArcelorMittal and Xstrata. Mr. Perron holds a Bachelor Degree in Mechanical Engineering from Université du Québec - École de Technologie Supérieure in Montréal and a DEC in Civil Engineering Technology. In addition, he holds an MBA from Université du Québec in Montréal as well as an Executive MBA from Université Paris Dauphine.

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Metals & Mining Virtual Investor Conference Presentations Now Available for On-Demand Viewing

Metals & Mining Virtual Investor Conference Presentations Now Available for On-Demand Viewing

Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the July 27 th and July 28 th Metals & Mining Growth Virtual Investor Conference are now available for on-demand viewing.

REGISTER NOW OR LOGIN AT: https://bit.ly/3cGK3Om

The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts may download investor materials from the company's resource section.

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