Origen Amends Los Sapitos Agreement
Origen Amends Los Sapitos Agreement
Vancouver, British Columbia--(Newsfile Corp. - November 17, 2022) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VXA) (the "Company" or "Origen") is pleased to announce it has amended its option agreement to purchase a 100% interest in the Los Sapitos Lithium Project in Argentina.
温哥華，不列顛哥倫比亞省-(Newsfile Corp.-2022年11月17日)-奧利資源公司。(CSE：ORGN)(FSE：4VXA)(“公司”或“Origen”)很高興地宣佈，它已經修改了期權協議，購買了阿根廷Los Sapitos鋰項目的100%權益。
Revised Terms of the Acquisition
修訂後的收購條款
The work commitment terms have been amended to remove the $4.8 million USD in required work expenditures over the four year term of the agreement. The work commitment requirement has also been removed in the event of a corporate re-organization of Origen's lithium assets to form a new company in exchange for Origen issuing $1 million USD worth of shares to the vendor. Origen has paid the vendor $10,000 USD in consideration of these amendments.
修改了工作承諾條款，取消了協議四年期間所需的480萬美元的工作支出。如果公司重組Origen的鋰資產以成立一家新公司，以換取Origen向供應商發行價值100萬美元的股票，則工作承諾要求也已被取消。由於這些修改，Origen已向供應商支付了10,000美元。
"We are delighted with these amendments as they will give us the flexibility to maximize our team's exploration knowledge to develop our sizable asset without the risk of timed exploration commitments that can often lead to rushed exploration. We will be utilizing some new exploration techniques that our team has been involved with developing to explore the potential brine, geothermal and clay sources of lithium in Origen's newly identified prospective lithium district," states Gary Schellenberg, CEO.
首席執行官Gary Schellenberg表示：“我們對這些修訂感到高興，因為它們將使我們能夠靈活地最大限度地利用我們團隊的勘探知識來開發我們的可觀資產，而不會有定時勘探承諾的風險，這往往會導致倉促勘探。我們將利用我們的團隊參與開發的一些新的勘探技術，在Origen新確定的潛在鋰礦區勘探潛在的滷水、地熱和粘土來源，”首席執行官Gary Schellenberg説。
About the Los Sapitos Lithium Belt
關於洛斯薩皮託斯鋰帶
The Company's claim package currently totals 48,325 hectares (ha) and is centered on known salars (dry salt lakes).
該公司的索賠包目前總計48,325公頃，主要集中在已知的Salars(幹鹽湖)。
The belts tectonic setting, geothermal activity and observed brine chemistry are similar to that of the Lithium Triangle to the north and gives rise to the potential for discovering structural traps for lithium-bearing aquifers at depth. The area is also host to vast alluvial sand and clay deposits that have never been investigated for their lithium content. Very limited exploration for lithium has occurred within the project area. Ulexite (a boron evaporite mineral) has also been identified throughout the belt and indicates that concentrated boron-bearing brines have been present, which is an indicator of lithium prospectivity.
該帶的構造背景、地熱活動和觀測到的滷水化學與北部的鋰三角相似，具有發現深層含鋰含水層的構造圈閉的潛力。該地區還擁有巨大的沖積砂和粘土礦藏，這些礦藏從未被調查過其鋰含量。在該項目區域內，鋰的勘探非常有限。在整個巖帶中也發現了鋰輝石(一種硼蒸發巖礦物)，這表明已經存在集中的含硼滷水，這是鋰遠景的一個標誌。
The Company is awaiting approval for exploration rights of approximately 28,000 additional hectares in La Rioja Province. The new claim applications were the result of a comprehensive regional review of satellite imagery to identify signatures similar to those where the Company obtained favourable exploration results that were recently reported (see news release dated September 9, 2022). The new claim areas exhibit both clay and evaporite mineral signatures that may indicate the presence of near surface brine and hot spring activity.
本公司正等待批准在拉里奧哈省額外約28,000公頃的探礦權。新的索賠申請是對衞星圖像進行全面區域審查的結果，以確定與公司最近報告的有利勘探結果相似的簽名(見2022年9月9日的新聞稿)。新的索賠區域展示了粘土和蒸發巖礦物特徵，這可能表明存在近地表滷水和温泉活動。
AGM Results
年度股東大會結果
The Company held its annual general meeting of shareholders on November 14, 2022. All agenda items were passed with 100% of the votes cast in favour. All directors and officers consented to hold their office for the ensuing year and were reinstated in the subsequent board meeting.
公司於2022年11月14日召開股東周年大會。所有議程項目均以100%的贊成票獲得通過。所有董事和高級管理人員同意在下一年任職，並在隨後的董事會會議上覆職。
About Origen
關於ORIGEN
Origen is an exploration company engaged in generating, acquiring and advancing base, precious metal, and lithium properties. The Company currently holds a property portfolio of four 100% owned precious and base metal projects in southern British Columbia, a 100% interest in the 26,771 ha LGM project property in the mineral rich Golden Triangle of British Columbia, a 100% interest in the Middle Ridge gold project, a 100% interest in 20 lithium prospects in Newfoundland and a 100% interest in the Los Sapitos Lithium project in Argentina.
Origen是一家勘探公司，致力於開發、收購和推進賤金屬、貴金屬和鋰資產。本公司目前持有不列顛哥倫比亞省南部四個貴金屬和賤金屬項目100%權益、不列顛哥倫比亞省礦產豐富的金三角26,771公頃LGM項目物業100%權益、中嶺金礦項目100%權益、紐芬蘭20個鋰礦項目100%權益以及阿根廷Los Sapitos鋰項目100%權益。
John Harrop, P.Geo., a Qualified Person as that term is defined in NI 43-101 has prepared, supervised the preparation or approved the scientific and technical disclosure in the news release.
John Harrop，P.Geo，NI 43-101中定義的合格人員已準備、監督準備或批准新聞稿中的科學和技術披露。
On behalf of Origen,
我代表奧利根，
Gary Schellenberg
加里·謝倫伯格
CEO
首席執行官
For further information, please contact Blake Morgan, President at 236-878-4938 or Gary Schellenberg, CEO at 604-681-0221.
欲瞭解更多信息，請聯繫布萊克·摩根、總裁或首席執行官加里·謝倫伯格，電話：604-681-0221。
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release.
加拿大證券交易所及其監管服務提供商(該術語在加拿大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。
Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
本文中所作的某些陳述和包含的信息可能構成“前瞻性信息”。特別是對私募和未來工作計劃的提及，或對此類工作計劃的質量或結果的預期，都會受到與物業運營、勘探活動、設備限制和可用性相關的風險的影響，以及我們目前可能不知道的其他風險。因此，建議讀者不要過度依賴前瞻性信息。除非適用的證券法規要求，否則公司沒有義務公開更新或修改前瞻性信息，無論是由於新信息、未來事件或其他原因。
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