Nevada Lithium Receives Approvals to Consolidate 100% Ownership of the Bonnie Claire Lithium Project, Nevada, USA
Nevada Lithium Receives Approvals to Consolidate 100% Ownership of the Bonnie Claire Lithium Project, Nevada, USA
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2023) - Nevada Lithium Resources Inc. (CSE: NVLH) (OTCQB: NVLHF) (FSE: 87K) ("Nevada Lithium" or the "Company") is pleased to announce that, at the special meeting of the Company's shareholders ("Shareholders") held on June 7, 2023 (the "Meeting"), the Shareholders overwhelmingly approved: (i) setting of the number of directors of the Company at five (5); and (ii) electing a new board of directors (described in the Company's management information circular prepared in respect of the Meeting), subject to and effective upon completion of the plan of arrangement (the "Arrangement") involving Nevada Lithium, Iconic Minerals Ltd. ("Iconic") and certain of their respective subsidiaries, pursuant to which Nevada Lithium will consolidate a 100% interest in the Bonnie Claire lithium project located in Nye County, Nevada (the "Transaction"). For further details on the Transaction, see the news releases of the Company dated January 9, January 23 and March 27, 2023.
溫哥華，不列顛哥倫比亞省-(Newsfile Corp.-2023年6月9日)-內華達鋰資源公司(CSE：NVLH)(OTCQB：NVLHF)(FSE：87K)(“內華達鋰“或”公司)欣然宣佈，在本公司股東特別大會上(“股東)於2023年6月7日舉行(會議)，股東以壓倒性多數通過：(I)將公司董事人數定為五(5)人；及(Ii)選舉新的董事會(載於公司就會議準備的管理資料通告中)，並在完成安排計劃後生效(“佈置)涉及內華達鋰公司，Ibonic Minerals Ltd.(標誌性的)及其若干附屬公司，據此，內華達鋰業將鞏固位於內華達州奈縣的Bonnie Claire鋰專案的100%權益(交易記錄“)。有關交易的進一步詳情，請參閱本公司於2023年1月9日、1月23日及3月27日發佈的新聞稿。
Nevada Lithium is also pleased to announce that Iconic's shareholders also overwhelmingly approved all matters voted on at the annual general and special meeting of the Iconic shareholders held on May 26, 2023, including the approval of the Arrangement.
內華達鋰業還高興地宣佈，在2023年5月26日舉行的標誌性公司股東年度股東大會和特別會議上，ICONIC的股東也以壓倒性多數通過了所有事項，包括批准這一安排。
In addition, Nevada Lithium is pleased to announce that the Supreme Court of British Columbia has granted the final order approving the Arrangement as of May 31, 2023.
此外，內華達鋰公司高興地宣佈，不列顛哥倫比亞省最高法院已經批准了自2023年5月31日起批准這一安排的最終命令。
Nevada Lithium announces its intention to complete an equity financing on terms to be disclosed in a subsequent news release, prior to the closing of the Transaction.
內華達鋰公司宣佈，它打算完成股權融資，其條款將在交易結束前的後續新聞稿中披露。
About the Bonnie Claire Project
關於Bonnie Claire專案
The Bonnie Claire Project is located within Sarcobatus Valley, which is approximately 30 km (19 miles) long and 20 km (12 miles) wide. Quartz-rich volcanic tuffs containing anomalous amounts of lithium occur within and adjacent to the valley. Drill results from the salt flat include 2,054 ppm Li over 67.1 m (220 ft) in drill hole BC-1601 as well as a 475 m (1560 ft) vertical intercept that averaged 1153 ppm Li. Bonnie Claire is one the largest lithium resources in North America with a current NI 43-101 inferred mineral resource 3,407 million tonnes (Mt) grading 1,013 ppm Li for 18,372 million kilograms of contained lithium carbonate equivalent, at a cut-off grade of 700 ppm Li. Mineral resources are not mineral reserves as they do not have demonstrated economic viability.
Bonnie Claire專案位於Sarcobatus山谷內，約30公里(19英里)長，20公里(12英里)寬。富含石英的火山凝灰岩含有異常數量的鋰，產於山谷內和附近。鹽灘的鑽探結果包括在BC-1601鑽孔超過67.1米(220英尺)的2054ppm的Li，以及475米(1560英尺)的垂直截距，平均為1153ppm的Li。邦妮克萊爾是北美最大的鋰資源之一，目前的NI 43-101推斷礦產資源量為34.07億噸(公噸)，品位為1,013ppm Li，含鋰當量為183.72億公斤，界限品位為700ppm Li。礦產資源不是礦產儲備，因為它們沒有證明的經濟可行性。
The gravity low that characterizes the valley is approximately 20 km (12 miles) long, and the current estimates of depth to basement rocks range from 600 to 1,200 meters (2,000 to 4,000 feet). The current claim block covers an area of 74 km2 (28.6 mi2) with potential for brine systems and further sediment resources.
山谷的重力低大約有20公里(12英里)長，目前對基底岩石深度的估計從600米到1200米(2000到4000英尺)。目前的索賠區塊面積為74平方公里(28.6-2平方公里)，蘊藏著鹽水系統和其他沉積物資源的潛力。
Qualified Person
有資格的人
Jeff Wilson PhD, P. Geo., Vice President of Exploration of Nevada Lithium, and a qualified person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, supervised the preparation of the technical information in this news release. Dr. Wilson is not independent as he is the Vice President of Exploration of Nevada Lithium.
Jeff·威爾遜博士，P·Geo，內華達州鋰勘探部副主任總裁，國家儀器43-101定義的合格人員-《礦產專案資訊披露標準》，監督本新聞稿中技術資訊的準備工作。威爾遜博士不是獨立的，因為他是內華達州鋰勘探公司的總裁副總裁。
About Nevada Lithium Resources Inc.
關於內華達鋰資源公司
Nevada Lithium Resources Inc. is a mineral exploration and development company focused on shareholder value creation through its core asset, the Bonnie Claire Lithium Project, located in Nye County, Nevada, where it currently holds a 50% interest. A recently completed NI 43-101 Preliminary Economic Assessment returned attractive investment metrics and the Company is actively advancing the Project towards Pre-Feasibility. Learn more: .
內華達鋰資源公司是一家礦產勘探和開發公司，專注於通過其核心資產邦妮·克萊爾鋰專案創造股東價值，該專案位於內華達州奈縣，目前持有該專案50%的權益。最近完成的NI 43-101初步經濟評估返回了有吸引力的投資指標，該公司正在積極推進該專案的前期可行性。瞭解更多資訊：
On behalf of the Board of Directors of Nevada Lithium Resources Inc.
代表內華達鋰資源公司董事會。
"Stephen Rentschler"
Stephen Rentschler, CEO
《斯蒂芬·倫切勒》
斯蒂芬·倫茨勒，首席執行官
For further information, please contact:
如需更多資訊，請聯繫：
Nevada Lithium Resources Inc.
Stephen Rentschler, CEO
Phone: (604) 416-4099
Email: sr@nvlithium.com
內華達鋰資源公司。
斯蒂芬·倫茨勒，首席執行官
電話：(604)416-4099
電子郵件：sr@nvlithium.com
Cautionary Note Regarding Forward-Looking Statements
有關前瞻性陳述的注意事項
This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation. These statements relate to matters that identify future events or future performance. Often, but not always, forward-looking information can be identified by words such as "could", "pro forma", "plans", "expects", "may", "will", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved.
本新聞稿包含適用於加拿大和美國證券法的前瞻性陳述和前瞻性資訊(統稱為“前瞻性陳述”)。這些陳述與確定未來事件或未來表現的事項有關。前瞻性資訊往往但不總是可以用“可能”、“形式”、“計劃”、“預期”、“可能”、“將”、“應該”、“預算”、“預定”、“估計”、“預測”、“打算”、“預期”、“相信”、“潛在”等詞語或這些詞語的變體，包括其負面變化，以及提及可能、可能、將要、可能或將要發生或採取或實現的某些行動、事件或結果的短語來識別。
The forward-looking statements contained herein include, but are not limited to statements regarding: the completion of the Transaction and the terms on which the Transaction is intended to be completed; and the completion of the proposed equity financing prior to the closing of the Transaction.
本文包含的前瞻性陳述包括但不限於以下陳述：交易的完成和交易擬完成的條款；以及擬議的股權融資在交易結束前完成的情況。
In making the forward-looking statements in this news release, Nevada Lithium has applied several material assumptions, including without limitation: Nevada Lithium obtaining TSX Venture Exchange and Canadian Securities Exchange acceptance; Nevada Lithium obtaining requisite regulatory and the satisfaction of other conditions to the consummation of the proposed equity offering on the proposed terms herein; the receipt of any necessary permits, licenses and regulatory approvals in connection with the Transaction; Nevada Lithium's ability to comply with all applicable regulations and laws, including environmental, health and safety laws; and Nevada Lithium's ability to complete the Transaction.
在本新聞稿中的前瞻性陳述中，內華達鋰公司應用了幾個重大假設，包括但不限於：內華達鋰公司獲得多倫多證券交易所創業板和加拿大證券交易所的認可；內華達鋰公司獲得必要的監管機構和其他條件的滿足，以按本文建議的條款完成擬議的股權發行；獲得與交易相關的任何必要的許可證、執照和監管批准；內華達鋰公司有能力遵守所有適用的法規和法律，包括環境、健康和安全法律；以及內華達鋰公司有能力完成交易。
Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect expectations of Nevada Lithium's management, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of managements considered reasonable at the date the statements are made. Although Nevada Lithium believes that the expectations reflected in such forward-looking statements are reasonable, such information involves risks and uncertainties, and under reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements expressed or implied by Nevada Lithium. Among the key risk factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; the inability of Nevada Lithium to close the Transaction on the terms provided herein; delays or the inability of Nevada Lithium to obtain any necessary permits, consents or authorizations required, including TSX Venture Exchange or Canadian Securities Exchange acceptance; financing or other planned activities; changes in laws, regulations and policies affecting mining operations; currency fluctuations, title disputes or claims limitations on insurance coverage and the timing and possible outcome of pending litigation, environmental issues and liabilities; risks relating to epidemics or pandemics such as COVID-19, including the impact of COVID-19 on Nevada Lithium's business; the potential impact of the announcement or consummation of the Offering on relationship, including with regulatory bodies, employees, suppliers, customers and competitors; and risks related to the integration of acquisitions, as well as those factors discussed under the heading "Risk Factors" in Nevada Lithium's latest Management Discussion and Analysis and other filings of Nevada Lithium with the Canadian Securities Authorities, copies of which can be found under the respective party's profile on the SEDAR website at .
請投資者注意，前瞻性陳述不是以歷史事實為基礎的，而是反映了對內華達鋰公司管理層的預期，對未來結果或事件的估計或預測，這些估計或預測是基於在陳述發表之日被認為是合理的管理層的意見、假設和估計。儘管內華達鋰業相信此類前瞻性陳述中反映的預期是合理的，但此類資訊包含風險和不確定因素，不應過於依賴此類資訊，因為未知或不可預測的因素可能對內華達鋰業明示或暗示的未來業績、業績或成就產生重大不利影響。可能導致實際結果與前瞻性陳述中預測的結果大不相同的關鍵風險因素包括：總體經濟、商業和政治條件的變化，包括金融市場的變化；內華達鋰公司無法按照本文規定的條款完成交易；內華達鋰公司延遲或無法獲得所需的任何必要許可、同意或授權，包括多倫多證券交易所創業板或加拿大證券交易所的認可；融資或其他計劃中的活動；影響採礦作業的法律、法規和政策的變化；貨幣波動、所有權糾紛或保險範圍的索賠限制以及未決訴訟、環境問題和債務的時間和可能結果；具體內容包括與流行病或新冠肺炎等流行病或流行病有關的風險，包括新冠肺炎對內華達鋰業業務的影響；宣佈或完成發售對關係的潛在影響，包括與監管機構、員工、供應商、客戶和競爭對手的關係；與收購整合有關的風險，以及在內華達州鋰業最新的管理討論和分析以及內華達州鋰業提交給加拿大證券監管機構的其他檔案中“風險因素”標題下討論的那些因素，這些檔案的副本可在加拿大證券監管機構的各自當事人簡介下找到。
Should one or more of these risks or uncertainties materialized, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Nevada Lithium has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. Nevada Lithium does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
如果這些風險或不確定性中的一個或多個成為現實，或者前瞻性陳述所依據的假設被證明是不正確的，實際結果可能與本文中描述的預期、計劃、預期、相信、估計或預期的結果大不相同。儘管內華達鋰公司試圖識別可能導致實際結果大相徑庭的重要風險、不確定因素和因素，但可能還有其他因素導致結果與預期、估計或預期的不同。除非適用法律另有要求，否則內華達鋰公司不打算、也不承擔任何義務更新這些前瞻性資訊。
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