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South Star Battery Metals Retains Market - Making Services

South Star Battery Metals Retains Market - Making Services

南星電池金屬公司保留市場——製造服務
Accesswire ·  2023/09/18 20:00

VANCOUVER, BC / ACCESSWIRE / September 18, 2023 / South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV:STS)(OTCQB:STSBF), is pleased to announce that, subject to regulatory approval, it has retained the services of Venture Liquidity Providers Inc. ("VLP") to initiate its market-making services to provide assistance in maintaining an orderly trading market for the common shares of the Company.

卑詩省溫哥華/ACCESSWIRE/2023年9月18日/南星電池金屬公司。(“南極星“或”公司)(多倫多證券交易所股票代碼:STS)(場外交易市場代碼:STSBF)很高興地宣佈,在獲得監管部門批准的情況下,它保留了風險投資流動性提供公司的服務。VLP“)推出市場莊家服務,協助維持本公司普通股有秩序的交易市場。

The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd. ("W.D. Latimer"), in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws, on an ongoing basis. For its services, the corporation has agreed to pay VLP five-thousand dollars ("$5,000") per month for a period of one ("1") year. The agreement with VLP may be terminated at any time by the Company or VLP. The Company and VLP act at arm's length, and VLP has no present interest, directly or indirectly, in the Company or its securities. The finances and the common shares required for the market-making services are provided by W.D. Latimer. The fees paid by the Company to VLP are for market-making services only.

是次莊家服務將由VLP透過註冊經紀W.D.Latimer Co.Ltd.(“W.D.拉蒂默),符合多倫多證券交易所創業板的適用政策和其他適用法律。作為其服務,公司已同意向VLP支付5000美元(5,000美元“),為期一年(”1“)年。本公司或VLP可隨時終止與VLP的協定。本公司與VLP行事保持一定距離,VLP目前並無直接或間接於本公司或其證券的權益。市場莊家服務所需的財務和普通股由W.D.Latimer提供。本公司向VLP支付的費用僅用於做市服務。

About VLP

關於VLP

VLP is a specialized consulting firm based in Toronto providing a variety of services focused on TSX-Venture-listed issuers.

VLP是一家總部設在多倫多的專業諮詢公司,為多倫多創業板上市的發行人提供各種服務。

About South Star Battery Metals Corp

關於南星電池金屬公司

South Star Battery Metals Corp. is a Canadian battery metals project developer focused on the selective acquisition and development of near-term production projects in the Americas. South Star's Santa Cruz Graphite Project, located in Southern Bahia, Brazil is the first of a series of industrial and battery metals projects that will be put into production. Brazil is the second-largest graphite-producing region in the world with more than 80 years of continuous mining. Santa Cruz has at-surface mineralization in friable materials, and successful large-scale pilot-plant testing (> 30t) has been completed. The results of the testing show that approximately 65% of Cg concentrate is +80 mesh with good recoveries and 95%-99% Cg. With excellent infrastructure and logistics, South Star is fully funded for Phase 1, and the 12-month construction and commissioning are underway. Santa Cruz will be the first new graphite production in the Americas since 1996 with Phase 1 commercial production projected in Q4 2023. Phase 2 production (25,000 tpa) is partially funded and planned for 2026, while Phase 3 (50,000 tpa) is scheduled for 2028.

南星電池金屬公司是一家加拿大電池金屬專案開發商,專注於在美洲選擇性地收購和開發近期生產專案。南星公司位於巴西南部巴伊亞的聖克魯斯石墨專案是即將投產的一系列工業和電池金屬專案中的第一個。巴西是世界第二大石墨產區,擁有80多年的連續開採歷史。聖克魯斯具有易碎材料的地表礦化作用,並已成功完成了大規模中試試驗(>30t)。試驗結果表明,精礦中+80目的CG含量約為65%,回收率為95%~99%。憑藉優良的基礎設施和物流,南星一期專案資金充足,為期12個月的建設和投產正在進行中。聖克魯斯將是自1996年以來美洲第一個新的石墨生產,第一階段商業生產預計在2023年第四季度。第二階段(25,000噸/年)的生產計劃於2026年獲得部分資金,而第三階段(50,000噸/年)計劃於2028年進行。

South Star's second project in the development pipeline is strategically located in Alabama in the center of a developing electric vehicle, aerospace, and defense hub in the southeastern United States. The BamaStar Project is a historic mine active during World Wars I & II. A NI43-101 technical report with the maiden resource estimate has been filed on SEDAR. Trenching, phase 1 drilling, sampling, analysis, and preliminary metallurgical testing have been completed. The testing indicates a traditional crush/grind/flotation concentration circuit that achieved grades of approximately 94-97% Cg with approximately 86% recoveries. South Star is executing on its plan to create a multi-asset, diversified battery metals company with near-term operations in strategic jurisdictions. South Star trades on the TSX Venture Exchange under the symbol STS, and on the OTCQB under the symbol STSBF.

南星正在開發的第二個專案位於阿拉巴馬州的戰略位置,位於美國東南部正在開發的電動汽車、航空航太和國防樞紐的中心。BamaStar專案是一個在第一次和第二次世界大戰期間活躍的歷史性礦山。一份NI43-101技術報告以及第一次資源評估已提交給SEDAR。挖溝、第一階段鑽探、取樣、分析和初步冶金測試已經完成。試驗表明,採用傳統的破碎/研磨/浮選選礦流程,可獲得約94-97%的CG品位和約86%的回收率。南星正在執行其計劃,創建一家擁有多資產、多元化的電池金屬公司,近期在戰略司法管轄區開展業務。South Star在多倫多證券交易所創業板交易,交易代碼為STS,在OTCQB交易,交易代碼為STSBF。

South Star is committed to a corporate culture, project execution plan and safe operations that embrace the highest standards of ESG principles based on transparency, stakeholder engagement, ongoing education, and stewardship. To learn more, please visit the Company website at .

南星致力於企業文化、專案執行計劃和安全運營,遵循基於透明度、利益相關者參與、持續教育和管理的ESG原則的最高標準。欲瞭解更多資訊,請訪問公司網站

This news release has been reviewed and approved by Richard Pearce, P.E., a "Qualified Person" under National Instrument 43-101 and President and CEO of South Star Battery Metals Corp.

本新聞稿已由美國國家儀器43-101“合格人員”、南星電池金屬公司首席執行官兼首席執行官理查德·皮爾斯和南星電池金屬公司首席執行官總裁審閱並批准。

On behalf of the Board,

我謹代表董事會,

MR. RICHARD PEARCE

理查德·皮爾斯先生

Chief Executive Officer

首席執行官

For additional information, please contact:

如需更多資訊,請聯繫:

South Star Investor Relations

南星投資者關係

Email: invest@southstarbatterymetals.com

電子郵件:郵箱:Invest@SouthstarBatterymetals.com

+1 (604) 706-0212

+1(604)706-0212

Twitter:

推特:

Facebook:

Facebook:

LinkedIn:

LinkedIn:

YouTube: South Star Battery Metals - YouTube

YouTube:南方之星電池金屬公司-YouTube

CAUTIONARY STATEMENT

警示聲明

Neither the 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 press release.

多倫多證券交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。

Forward-Looking Information

前瞻性資訊

This press release contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements". Forward-looking statements in this press release include, but are not limited to, statements regarding, moving Santa Cruz into production and scaling operations as well as advancing the Alabama project; and the Company's plans and expectations.

本新聞稿包含適用證券法規所指的“前瞻性陳述”。前瞻性陳述涉及基於管理層假設、對未來業績的預測以及對尚未確定的數額的估計的資訊。任何表達預測、期望、信念、計劃、預測、目標、假設或未來事件或業績的陳述都不是歷史事實的陳述,可能是“前瞻性陳述”。本新聞稿中的前瞻性陳述包括但不限於有關將Santa Cruz轉移到生產和規模運營以及推進阿拉巴馬州專案的陳述;以及公司的計劃和期望。

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.

前瞻性表述受各種風險和不確定因素的影響,可能導致實際事件或結果與前瞻性表述中反映的不同,包括但不限於:未能及時以可接受的條件獲得充分融資的風險;與法律訴訟結果有關的風險;與採礦和勘探有關的政治和監管風險;與維持證券交易所上市有關的風險;與環境監管和責任有關的風險;勘探或開發活動或完成可行性研究的可能性;盈利能力的不確定性;與解釋鑽探結果、礦藏的地質、品位和連續性有關的風險和不確定性;與生產和成本估計固有的不確定性有關的風險和可能出現的意外成本和開支;預可行性和可行性研究的結果,以及未來勘探、開發或採礦結果與公司預期不符的可能性;與大宗商品價格波動有關的風險;以及與公司在披露記錄中其他部分詳述的前景、物業和業務有關的其他風險和不確定性。如果這些風險和不確定性中的一個或多個成為現實,或者基本的假設被證明是不正確的,實際結果可能與前瞻性陳述中描述的大不相同。告誡投資者不要將不必要的確定性歸因於前瞻性陳述。這些前瞻性陳述是在本新聞稿發佈之日作出的,公司不承擔任何更新或修訂這些陳述以反映新事件或新情況的義務。實際事件或結果可能與公司的預期或預測大不相同。

SOURCE: South Star Battery Metals Corp.

資料來源:南星電池金屬公司。


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