Lithium

Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) (" Spey " or the " Company "), is pleased to announce that it intends to complete a non-brokered private placement consisting of units of the Company at a price of $0.175 per unit (the " Unit ") for aggregate gross proceeds of up to C$2,750,000, with each Unit comprised of one common share of the Company (each, a " Share ") and one-half of one common share purchase warrant of the Company (each whole warrant, a " Warrant "), with each whole Warrant entitling the holder to acquire one (1) Share (each, a " Warrant Share ") at a price of C$0.35 per Warrant Share for a period of twenty-four (24) months, provided that if the volume weighted average trading price of the Shares on the Canadian Securities Exchange (" CSE ") is at a price greater than $0.70 per Share for ten (10) consecutive trading days, then the expiry date of the Warrants shall automatically accelerate and will expire on the date that is thirty (30) days after the date that notice of such acceleration is provided to the Warrant holders by way of press release (the " Offering ").

The Company intends to use the net proceeds raised from the Offering for funding exploration drilling and five hole drill program at the Company's projects, property payments and general working capital.

All securities issued in the Offering will be subject to a statutory four month hold period. Closing of the Offering is subject to receipt of all regulatory approvals, including approval of the CSE. The Offering is expected to close on or about September 12, 2022.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the " U.S. Securities Act ") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

The Company also intends to issue approximately 2,500,000 Shares to various creditors to settle outstanding indebtedness.

About Spey Resources Corp.

Spey Resources is a Canadian mineral exploration company which holds two option agreements to acquire 100% interest in the Candela II and Pocitos II lithium brine projects, and a 20% interest in the Pocitos I lithium project, all of which are located in the Salta Province, Argentina. Spey also holds an option to acquire a 100% undivided interest in the Silver Basin Project located in the Revelstoke Mining Division of British Columbia as well as an option to acquire a 100% interest in the Kaslo Silver project, west of Kaslo, British Columbia.

For more information, please contact:

Nader Vatanchi CEO, Director

nader@speyresources.ca
778-881-4631

Cautionary Note Regarding Forward-Looking Statements

This news release includes forward-looking statements that are subject to risks and uncertainties, ‎‎‎‎including with respect to the Offering, including the total proceeds, use of proceeds, and the closing (including the proposed closing date) of the Offering . The Company ‎‎provides forward-looking statements for the purpose of conveying ‎‎information about current ‎‎expectations and plans relating to the future and readers are cautioned that ‎‎such statements may not be ‎‎appropriate for other purposes. By its nature, this information is subject to ‎‎inherent risks and ‎‎uncertainties that may be general or specific and which give rise to the possibility that ‎‎expectations, ‎‎forecasts, predictions, projections, or conclusions will not prove to be accurate, that ‎‎assumptions may not ‎‎be correct, and that objectives, strategic goals and priorities will not be achieved. ‎‎These risks and ‎‎uncertainties include but are not limited those identified and reported in the Company's ‎‎public filings ‎‎under the Company's SEDAR profile at www.sedar.com. Although the Company has ‎‎attempted to identify ‎‎important factors that could cause actual actions, events, or results to differ ‎‎materially from those ‎‎described in forward-looking information, there may be other factors that cause ‎‎actions, events or ‎‎results not to be as anticipated, estimated or intended. There can be no assurance that ‎‎such information ‎‎will prove to be accurate as actual results and future events could differ materially from ‎‎those ‎‎anticipated in such statements. The Company disclaims any intention or obligation to update or ‎‎revise any ‎‎forward-looking information, whether as a result of new information, future events or ‎‎otherwise unless ‎‎required by law.‎

The CSE has not reviewed, approved, or disapproved the contents of this ‎press release.‎


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SPEY RESOURCES ANNOUNCES APPOINTMENT OF LITHIUM BRINE EXPERT PHILLIP THOMAS AS CHIEF EXECUTIVE OFFICER

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Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) (" Spey " or the " Company ") is pleased to announce that Phillip Thomas has joined Spey as Chief Executive Officer, effective October 3, 2022.

Mr. Thomas is a highly specialised lithium brine geologist with significant experience in salt lake (salars) exploration, hydrology, estimation and production chemical engineering. He has had more than 30 years experience in the capital markets as a mining focussed investment banker with Macquarie Bank and ABN-Amro. Mr. Thomas is Non-Executive Chairman of copper producer Austral Resources Australia Ltd (ASX: AR1).

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  • The West Lac Corvette Project - consists of 10 contiguous claims (513 hectares). The claims cover Mesoarchean rocks of the Rouget Formation, derived from basalts as well as Neoarchean Marbot Formation wackes (with injections of granite), and southern margin of the Mesoarchean tonalite pluton (post de Le Moyne).

  • The Trieste Project - consists of two separate contiguous blocks totaling 50 claims and covering 2,575 hectares (618 hectares north, and 1,957 hectares south), with mylonite and amphibolite rocks of the Mesoarchean Trieste Formation that were derived from basalts.

  • Salomon Project – 100 claims in two separate continuous blocks, covering 5,155 hectares. The project includes Mesoarchean mylonites and amphibolites, as well as younger Neoarchean metamorphic wackes and arkoses.

On and subject to the conditions set forth in the Agreement, in consideration for the Acquisition, the Company will issue an aggregate of 8,900,000 common shares to the shareholders of LEM (collectively).

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Each Unit is comprised of one common share of the Company (a " Share ") and one-half of one common share purchase warrant (each whole warrant, a " Warrant "), with each Warrant entitling the holder to acquire one Share at a price of $0.35 until September 16, 2024, provided that if the volume weighted average trading price of the Shares on the Canadian Securities Exchange (" CSE ") is at a price greater than $0.70 for 10 consecutive trading days, then the expiry date of the Warrants shall automatically accelerate to the date that is 30 days after the date that notice of such acceleration is provided to the Warrant holders.

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Incahuasi Salar

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The Company expects that its common shares will resume trading on the Canadian Securities Exchange (the " CSE ") on or about August 15, 2022.

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International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the "Company" or "ILC") is pleased to announce the start of Phase 3 of the 2022 diamond drilling campaign at the Raleigh Lake Lithium project near Ignace, Ontario, Canada.

Further to Company's news release dated September 20, 2022; ILC has completed 6,251 metres core drilling at the Raleigh Lake project in the first two phases of drilling in 2022. Phase 3 began on September 28, 2022 with approximately 2,500 metres of proposed drilling.

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" We are very pleased to have reached a Joint Venture agreement with Carmanah Minerals, after careful consideration this transaction made the most sense long-term for Marvel shareholders. This affords us the ability to work both the north and south claim blocks simultaneously, while further protecting our share capitalization. Marvel still holds a considerable area of influence and controls 100% of the KLR and Highway North Claims along the Key Lake Shear Zone which is home to some of the worlds highest grade uranium. This corridor represents tremendous opportunity in mimicking the success of basement-hosted uranium deposits found on the western side of the Basin like NexGen Energy's Arrow Deposit. We look forward to working with the team at Carmanah with the common goal of a Tier 1 Discovery." stated Chief Executive Officer Karim Rayani

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A cumulative total of 5,735,000 warrants were exercised (at $0.20 per warrant), generating aggregate proceeds of approximately $1.15 million. After giving effect to the warrant exercises, as at October 4, 2022 the Company has 160,567,881 common shares issued and outstanding.

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Canada Silver Cobalt to Distribute Shares and Warrants of its Subsidiary Coniagas Battery Metals to Shareholders

(TheNewswire)

Canada Silver Cobalt Works Inc.

Coquitlam, BC, - TheNewswire - October 4th, 2022 - Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada Silver Cobalt") announces that it intends to distribute an aggregate of approximately 11.75 million shares of its subsidiary Coniagas Battery Metals Inc. ("Coniagas") to the shareholders of Canada Silver Cobalt by way of dividend. Each of the shares will be accompanied by half of a common share purchase warrant. Each full warrant will give the holder the right to acquire one additional share of Coniagas at a price of $0.40 for two years. Canada Silver Cobalt will acquire the shares as consideration for the impending transfer to Coniagas of the Graal property in the Saguenay-Lac-St-Jean region of Québec. The Company has filed a technical report with respect to the Graal property on SEDAR, prepared in conformity with National Instrument 43-101, Standards of Disclosure for Mineral Projects.

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Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (" Fortune " or the " Company ") ( www.fortuneminerals.com ) is pleased to announce that, due to the current economic and capital market volatility, it has secured an additional extension to the option to purchase the JFSL Field Services ULC (" JFSL ") brownfield site in Lamont County, Alberta (see news releases, dated January 24, 2022 and July 14, 2022). Fortune plans to construct a hydrometallurgical refinery at this site for its vertically integrated NICO cobalt-gold-bismuth-copper critical minerals project (" NICO Project "). The JFSL facility is a former steel fabrication plant located on 76.78 acres of lands in Alberta's Industrial Heartland northeast of Edmonton and has 42,000 square feet of serviced shops and buildings adjacent to the Canadian National Railway. The JFSL site is also close to services, sources of reagents, and a commutable pool of engineers and skilled chemical plant workers to materially reduce capital and operating costs for the planned NICO Project development.

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Mr. Killian Charles, President of BRW, commented: "We are pleased to announce our first acquisition in Ontario that adds to our significant portfolio of properties in Quebec and the Atlantic provinces. Ontario is also very prospective for lithium exploration and we believe the Hearst area is a fantastic location with great access to infrastructure. We have now consolidated several high-priority targets centered around known mineralized LCT pegmatites. These pegmatites are poorly exposed but open in all directions, and there is high potential for additional discoveries in our newly consolidated package. Permits for trenching and drilling programs are in the works for a winter program. We look forward to developing this project and are very excited to explore our new land package while continuing to assess new opportunities to expand our holdings across eastern Canada."

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