Battery Metals

Nevada Silver Corporation Appoints Oliver Lennox-King as Chairman and Announces Other Board and Management Changes

Nevada Silver Corporation Appoints Oliver Lennox-King as Chairman and Announces Other Board and Management Changes

Nevada Silver Corporation (TSXV: NSC) (OTCQB: NVDSF) ("NSC" or the "Company"), is pleased to announce that Mr. Oliver Lennox-King has been appointed to the NSC board as Non-Executive Chairman, with immediate effect, replacing Mr. John Kutkevicius who has held the position in an interim capacity since the summer of 2022.

Mr. Lennox-King has had a long and distinguished career in the mineral resource industry and has a wide range of experience in financing, research, and marketing. Since 1992 he has held senior executive and board positions with a number of junior exploration and mining companies. Most recently, Mr. Lennox-King was the Chairman of Roxgold Inc from 2012 until its acquisition by Fortuna Silver Mines Inc in July 2021. In addition to Roxgold, other notable Chairmanships included Pangea Goldfields, Aurora Uranium and Fronteer Gold, the latter until acquired by Newmont Mining Corp.

NSC CEO, Gary Lewis said, "We are delighted to welcome Oliver to the Board and will benefit greatly from his board experience and deep knowledge of the mineral resources industry.

The Board of Directors wishes to thank Mr. John Kutkevicius for his time and stewardship as Interim NSC Chairman. John helped steer the Company through a challenging period and we will be forever grateful for his service. John will remain on the board as a Non-Executive Director."

The Company is also pleased to announce the appointment of Ms. Megan McElwain as Non-Executive Director. Since earning a B.A. in Communications at Ryerson University in 2000, Ms. McElwain has had a successful and diverse business career. She has produced content for Fox Television in Los Angeles, A&E Television Networks in New York and then Alliance Atlantis, CTV News, Discovery Channel, BBC, National Geographic and Global News from Toronto. In 2018, Ms. McElwain joined the Fraser Institute, an independent public policy research and education organization, as Director of Development. Two years later, the Canadian Chamber of Commerce offered Ms. McElwain the Vice President & General Manager position Ms. McElwain was appointed President & COO of KWG Resources in January 2022.

Mr. John Kutkevicius said "Megan will bring a new level of perspective and experience to the Board of Directors, and we look forward to working with her."

NSC also announces that Dr. Ian Pringle will be stepping down from the Board to take up a dual role as Chairman of the NSC Technical Committee and President and Director of the Company's wholly owned subsidiary North American Silver Corporation. In addition to a more hands-on role with the NSC Nevada Silver assets, Dr Pringle will be retained as a key technical consultant to the NSC Board.

The Company also advises that it has granted an aggregate of 3,650,000 stock options to certain directors, officers and consultants of the Company. These stock options were issued in accordance with, and subject to, the provisions of the Company's stock option plan and are subject to approval of the TSX Venture Exchange. Each stock option entitles the holder to purchase one Common Share of the Company at an exercise price of $0.25 per share for a 5-year period.

Mr Lewis said, "Having recently announced plans for a corporate name change to Electric Metals USA Limited, to reflect the entirety of our value proposition as a developer of battery and technology-related minerals, the board changes announced today will provide for a diversity of ideas and experience as we take the company forward into an exciting new period of growth and development. And with the recently closed $3.5m financing, NSC is well funded to advance its exploration and development plans at its Emily Manganese project in Minnesota, USA."

About Nevada Silver Corporation

Nevada Silver Corporation (TSXV: NSC) (OTCQB: NVDSF) is a multi-commodity resource company with battery and technology-related mineral resource projects in the USA. NSC's principal asset is the Emily Manganese Project in Minnesota, which has been the subject of considerable technical studies with US$24 million invested to date and North America's highest grade manganese resource. In addition, NSC owns the Corcoran and Belmont Silver Projects in Nevada. Both Emily and Corcoran have been the subject of National Instrument 43-101 compliant mineral resource estimates.

For further Information please contact:

Nevada Silver Corporation

Gary Lewis
Group CEO & Director
T: +1 (657) 846 5299
gl@nevadasilvercorp.com

Forward-Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Nevada Silver to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors " in the Filing Statement dated as of April 20, 2021 which is available for view under the Company's profile at www.SEDAR.com. Forward-looking statements contained herein are made as of the date of this press release and Nevada Silver disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

Nevada Silver's operations could be significantly adversely affected by the effects of the widespread global outbreak of a contagious disease, including the outbreak of illness caused by COVID-19. It is not possible to accurately predict the impact COVID-19 will have on operations and the ability of others to meet their obligations, including uncertainties relating to the ultimate geographic spread of the virus, the severity of the disease, the duration of the outbreak, and the length of travel and quarantine restrictions imposed by governments of affected countries. In addition, a significant outbreak of contagious diseases in the human population could result in a widespread health crisis that could adversely affect the economies and financial markets of many countries, resulting in an economic downturn that could further affect operations and the ability to finance its operations.

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 release.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/151251

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Nevada Silver Corporation Announces Closing of C$3.5 Million Private Placement Offering of Common Shares and Warrants

Nevada Silver Corporation Announces Closing of C$3.5 Million Private Placement Offering of Common Shares and Warrants

Nevada Silver Corporation (TSXV: NSC) (OTCQB: NVDSF) ("NSC", or the "Company") is pleased to announce the completion of its previously announced reasonable "best efforts" marketed private placement (the "Offering"). A total of 21,212,000 common shares (the "Common Shares") were sold at a price of $0.15 per Common Share and a total of 21,212,000 common share purchase warrants (the "Warrants") were sold at a price of $0.015 per Warrant for combined gross proceeds of approximately $3.5 million. Each Warrant is exercisable to acquire one common share of the Company at a price of $0.25 per share until January 5, 2025. The expiry date of the Warrants will accelerate in the event the volume weighted average trading price of the Common Shares on the TSX Venture Exchange is equal to or exceeds $0.30 per Common Share for a period of 20 consecutive trading days (an "Acceleration Event"). If an Acceleration Event occurs, the Warrants will expire 30 days after notice of such Acceleration Event.

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NEVADA SILVER CORPORATION ANNOUNCES BROKERED PRIVATE PLACEMENT OFFERING OF COMMON SHARES AND WARRANTS

NEVADA SILVER CORPORATION ANNOUNCES BROKERED PRIVATE PLACEMENT OFFERING OF COMMON SHARES AND WARRANTS

/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWS WIRES/

Nevada Silver Corporation (" NSC " or the " Company ") (TSXV: NSC) (OTCQB: NVDSF) is pleased to announce it has entered into an agreement with Cormark Securities Inc. (the " Agent "), acting as agent and sole bookrunner, in connection with a reasonable "best efforts" marketed offering of a minimum of 21,212,000 common shares (the " Common Shares ") in the capital of the Company and 21,212,000 warrants (the " Warrants ") and up to 30,303,000 Common Shares and 30,303,000 Warrants (the offer and sale of the Common Shares and Warrants collectively referred to as the " Offering "). Each Warrant will entitle the holder thereof to purchase one Common Share at a price of $0.25 per Common Share for a period of 24 months following the Closing Date (as herein defined). The expiry date of the Warrants will accelerate in the event the volume weighted average trading price of the Common Shares on the TSX Venture Exchange is equal to or exceeds $0.30 per Common Share for a period of 20 consecutive trading days (an " Acceleration Event "). If an Acceleration Event occurs, the Warrants will expire 30 days after notice of such Acceleration Event. The aggregate purchase price for one Common Share and one Warrant shall be $0.165 being $0.15 per Common Share (the " Common Share Offering Price ") and $0.015 per Warrant, to raise aggregate gross proceeds of a minimum of $3.5 million and up to $5.0 million .

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Nevada Silver Corporation Announces Filing of Technical Report for Emily Manganese Project

Nevada Silver Corporation Announces Filing of Technical Report for Emily Manganese Project

Nevada Silver Corporation (TSXV: NSC) (OTCQB: NVDSF) ("NSC" or the "Company"), further to its press release of November 23, 2022, confirms that it has filed pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects a technical report titled "North Star Manganese Inc. NI43-101 Technical Report, Resource Estimate on the Emily Property, Minnesota, USA" (the "Technical Report") in connection with the Emily Manganese Project in Minnesota, USA. The Technical Report was prepared by Brad M. Dunn, CPG, of Barr Engineering Company. The independent technical report has a signature date of December 5, 2022. The Technical Report is available on SEDAR at www.SEDAR.com and is posted on the Company's website at www.nevadasilvercorp.com.

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Nevada Silver Corporation Plans Name Change to Reference Its Battery and Technology-Related Minerals Portfolio

Nevada Silver Corporation Plans Name Change to Reference Its Battery and Technology-Related Minerals Portfolio

Nevada Silver Corporation (TSXV: NSC) (OTCQB: NVDSF) ("NSC" or the "Company") is pleased to announce plans for a corporate name change to "Electric Metals (USA) Limited" ("Electric Metals"). The Company feels that the change of name, which will be subject to all required regulatory, TSX Venture Exchange ("TSXV"), and shareholder approvals, will better reflect the entirety of its value proposition as a developer of battery and technology-related minerals, including its US manganese and silver properties.

NSC's CEO Gary Lewis commented, "our existing portfolio of assets includes the Emily Manganese Project in Minnesota, which contains a high-grade manganese deposit. We believe there is burgeoning domestic US demand for metals and materials essential to the operation of electric vehicles, rechargeable batteries, and other high-tech industries. As a result, a corporate name that only references the "silver" aspect of our operations is no longer appropriate for the Company."

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Nevada Silver Corporation Announces Closing of North Star Manganese Financing

Nevada Silver Corporation Announces Closing of North Star Manganese Financing

Nevada Silver Corporation (TSXV: NSC) (OTCQB: NVDSF) ("NSC" or the "Company") further to its press releases of 24th March 24, 2022, and 12th August 2022, is pleased to announce that it has closed the previously announced sale of securities of its indirectly wholly owned U.S.A. subsidiary, North Star Manganese Inc ("NSM"). NSM sold a total of 3,160,233 shares of NSM at a price of US$0.25 per share for gross proceeds of US$790,058.23 (the "NSM Financing"). As a result of the NSM Financing, the outstanding shares of NSM has increased to 33,160,233 shares of NSM common stock, with the Company's indirect shareholding reducing to approximately 90.5%.

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Comex Recommends the Approval of Hydro-Québec's Connection and Powerline Relocation Project to Power the Rose Lithium-Tantalum Project

Comex Recommends the Approval of Hydro-Québec's Connection and Powerline Relocation Project to Power the Rose Lithium-Tantalum Project

Critical Elements Lithium Corporation (TSX-V:CRE)(OTCQX:CRECF)(FSE:F12) ("Critical Elements" or the "Corporation") is pleased to announce that the Environmental and Social Impact Review Committee (the "COMEX") "), an independent body composed of members appointed by the governments of Québec and the Cree Nation, has completed its review of Hydro-Québec's connection of the Rose Lithium-Tantalum mine and 315-kV Eastmain-1-Nemiscau powerline relocation project, and recommends that the Québec Minister of the Environment, the Fight against Climate Change, Wildlife and Parks (the "Minister") authorize the connection and powerline relocation project, subject to certain conditions

The recommendation was adopted at the 408th meeting of the COMEX held on November 2, 2022, however it was just recently made public with the release of the minutes of the meeting on the COMEX website.

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Bradda Head Lithium Ltd Announces San Domingo Drilling Results

Bradda Head Lithium Ltd Announces San Domingo Drilling Results

San Domingo Drilling Results Demonstrate Further Potential for an Extensive Lithium Pegmatite District in Arizona

Bradda Head Lithium Ltd. (AIM:BHL)(TSXV:BHLI)(OTCQB:BHLIF) ("Bradda Head", "Bradda", "BHL" or the "Company"), the North America-focused lithium development company, announces significant high grade lithium bearing minerals intercepted at multiple locations from the initial set of results from its first diamond core drilling programme at the Company's 23km2 San Domingo pegmatite district in Arizona. BHL has intersected 31.85 meters at 1.60% Li2O in drill hole SD22-024 which includes 3.21 meters at 3.74% Li2O[1]. This is the first extensive drilling campaign undertaken at San Domingo since the 1950's and is the maiden program under BHL

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LithiumBank to Develop Boardwalk and Park Place Lithium Brine Projects After Successful Acquisition Campaign

LithiumBank to Develop Boardwalk and Park Place Lithium Brine Projects After Successful Acquisition Campaign

LithiumBank Resources Corp. ( TSX-V: LBNK ) ( OTCQX: LBNKF) (" LithiumBank " or the " Company ") is pleased to provide a corporate update and outline key milestones for 2023.

In 2022, LithiumBank successfully completed its 3-year acquisition and exploration campaign that was focused on:

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TINONE REPORTS COMPLETION OF SUCCESSFUL PHASE 1 DRILL PROGRAM AND DISCUSSES FUTURE PLANS FOR ITS GREAT PYRAMID TIN PROJECT, TASMANIA, AUSTRALIA

TINONE REPORTS COMPLETION OF SUCCESSFUL PHASE 1 DRILL PROGRAM AND DISCUSSES FUTURE PLANS FOR ITS GREAT PYRAMID TIN PROJECT, TASMANIA, AUSTRALIA

TSX.V: TORC   OTCQB: TORCF

TinOne Resources Inc. (TSXV: TORC) (OTCQB: TORCF) (" TinOne " or the " Company ") is pleased to announce it has completed its Phase 1 drill program at its Great Pyramid Tin (Sn) Project (" Great Pyramid " or the " Project ") located in the tier one mining jurisdiction of Tasmania, Australia .

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Corporate Update

Corporate Update

Critical Elements Lithium Corporation (TSX-V:CRE)(OTCQX:CRECF)(FSE:F12) ("Critical Elements" or the "Corporation") is pleased to provide a corporate update regarding its exploration, engineering, permitting and project financing activities. The Corporation is fully funded for these preparatory activities leading to a potential final investment decision for its wholly-owned Rose Lithium-Tantalum project ("Rose Project" or "Project") in the James Bay Region of Northern Québec (the "Final Investment Decision"). Critical Elements is pleased to be working closely with the Cree Nation of Eastmain, the Grand Council of the Crees (Eeyou Istchee), and the Cree Nation Government under the Pikhuutaau Agreement signed in July 2019

Exploration Update

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Infinity Stone Further Expands Project, Including Historic Lithium Samples, near Patriot Battery Metals Corvette Discovery

Infinity Stone Further Expands Project, Including Historic Lithium Samples, near Patriot Battery Metals Corvette Discovery

Highlights

  • Infinity Stone expands its land position to over 5,546 hectares, as well as a pending application for two additional claims in James Bay Lithium District adjacent to and near Patriot Battery Metals Corvette discovery.
  • Further exploration and project expansion is being conducted in the context of the new discovery and significant drilling results from PMET and Winsome in the Corvette Lithium Trend in James Bay, QC.

Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: GEMSF) (FSE: B2I) (the "Company" or "Infinity Stone"), is pleased to announce that it has acquired and staked an additional 359 hectares, as well as a pending application for two additional claims (the "New Claims") on its Camaro Hellcat Lithium Project (the "Camaro Hellcat Project"), with claim blocks adjacent to Patriot Battery Metals' ("PMET" or "Patriot") Corvette Project in the James Bay Region of Quebec, bringing its total land position to 5,546 hectares in addition to the currently pending cells. The New Claims include historical surface samples returning 57ppm Li, sampled and assayed in 2016, and a 30ppm Li sample in 1997 (the "Historic Samples").1 The Historic Samples were found to the west of Winsome Resources Cancet Project and PMET's Corvette Lithium Project, north of the Taiga Highway. There are at least 4 historical mapped pegmatites on the New Claims, and the Company intends to conduct further exploration to identify any other potential pegmatites that may be found on the New Claims.

The New Claims are also located near Winsome Resources Ltd.'s ("Winsome") Cancet discovery drill hole (the "Cancet Property"). Winsome's best results at Cancet have included 1 metre at 5.65% Li2O from 36.5 metres and six metres at 1.95% Li2O from 36.45 metres.2 Furthermore, the New Claims are adjacent to a number of claims currently held by Jody Dahrouge, President and Owner of Daroughe Geological Consulting Ltd., a consultant and contractor to PMET. PMET has recently announced that it had drilled 52.2 metres of 3.34% LI2O, including 15.0 metres of 5.10% LI2O.

Infinity Stone intends to conduct a focused exploration program on the Hellcat claim block, alongside an initial prospecting program on the New Claims, in the early spring and will leverage the results of the Winter Geophysics Program announced on January 19, 2023 in targeting sampling and trenching. The Survey will further enable the mapping and delineation of the pegmatitic units across the claim blocks.

"We are excited to further expand the Hellcat Camaro Project in James Bay near Patriot's Corvette discovery. As the spring exploration season rapidly approaches, we are renewing our focus on the project and are actively evaluating new claim blocks that are adjacent and near the current project footprint," said Zayn Kalyan, CEO of Infinity Stone. "The James Bay region, specifically the CV lithium trend discovered by PMET, is quickly becoming the epicentre of lithium exploration in North America and we are excited to have a prospective land package in the region. We are looking forward to being able to get back on the ground with more data following our geophysics program to conduct a renewed and focused exploration program," furthered Mr. Kalyan.

Terms of Acquisition

Pursuant to the acquisition of 100% interest in 154 hectares of the New Claims, the Company has agreed to (i) paying $6,000 in cash and issuing 200,000 subordinate voting shares ("Shares") of the Company to the claim vendor Donovan Explorations Ltd.

About the Hellcat Camaro Lithium Project

The 5,546-hectare Hellcat Camaro Lithium Project is located adjacent to Patriot Battery Metals' Corvette Property, in the James Bay Region of Quebec, approximately 235 kilometres east of Radisson, Quebec and 245 kilometres northeast of the Cree village municipality of Nemaska. The Project has four property blocks, the Taiga, Hellcat, and Camaro, collectively covering 3,850 hectares adjacent to Patriot Battery Metals' Corvette Lithium discovery in the James Bay Region of Quebec. PMET has recently returned significant high-grade results at the Corvette Lithium Project, including 156.9 m at 2.12% Li2O (176.4 m to 333.4 m), including 25.0 m at 5.04% Li2O (CV22-083).1

Qualified Person

Technical information in this news release has been reviewed and approved by Case Lewis, P.Geo., a "Qualified Person" as defined under NI 43-101 Standards of Disclosure for Mineral Projects and a director of the Company.

About Infinity Stone Ventures

Infinity Stone's mission is to be a diversified, single source supplier for the critical energy metals being used in the clean energy revolution alongside its established SaaS solution portfolio. Infinity Stone is meeting the demand from battery and wind turbine manufacturers, nuclear and hydrogen energy producers, and energy metals speculators by acquiring 100% interest in critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final use destinations in North American manufacturing hubs.

To register for investor updates please visit https://infinitystone.ventures.

INVESTOR PRESENTATION

Connect with Infinity Stone

Email | Website | Facebook | LinkedIn | Twitter | Instagram |

Infinity Stone Contact
Zayn Kalyan
CEO and Director
Direct: 778-938-3367
zayn@altuscapital.ca

The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.

Forward-Looking Statements Disclaimer

This press release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "projects", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Although forward-looking statements contained in this press release are based upon what management of Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The forward-looking statements may also be affected by risks and uncertainties in the business of the Company, including those described in the Company's public filings available on www.SEDAR.com. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

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