Vancouver, British Columbia – Planet Green Metals Inc. (CSE: PGR) (“Planet Green” or the “Company”) is pleased to announce that it has engaged Aurum Exploration Services to perform an extensive study on the historical exploration data of the highly prospective Sheraton VMS property (the “Sheraton Property”). This work involves a comprehensive integration of existing geological data to identify and prioritize exploration targets. By synthesizing the available information, Planet Green aims to develop a robust understanding of the property’s mineral potential and guide future exploration efforts. The outcomes of this will inform the design and implementation of additional work programs, ensuring a targeted and effective approach to unlocking the property’s copper, zinc and silver value.
Planet Green is also pleased to announce that it has entered into an arm’s length consulting services agreement (the “Consulting Agreement”) with Mid Atlantic Capital Associates Ltd. (“Mid Atlantic”) pursuant to which Mid Atlantic has agreed to provide consulting and distribution services to the Company relating to capital market strategy, the preparation and review of investor materials, and introductions to relevant financial professionals, analysts, institutions and other potential capital markets partners for a one year term. Pursuant to the Consulting Agreement, the Company has agreed to issue Mid Atlantic 2,500,000 common shares (the “Common Shares”). The Common Shares will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable securities laws. The Consulting Agreement and the issuance of the Common Shares remains subject to approval by the Canadian Securities Exchange.
About Planet Green Metals Inc.
Planet Green is strategically building a premier Canadian critical minerals company, leveraging its expertise to acquire high-quality, de-risked mineral exploration and royalty properties. The Company currently holds two high quality exploration properties in northern Ontario, covering VMS-related copper, zinc, silver and gold. Planet Green is actively pursuing the acquisition of promising new projects in Canada and North America to bolster the project portfolio and provide shareholders with a diversified commodity base that is resilient to price fluctuations and market forces. With a robust and integrated technical and corporate team, the Company is dedicated to maximizing shareholder value through new mineral discoveries in mining-friendly jurisdictions.
To find out more about Planet Green Metals Inc. (CSE: PGR) visit the Company’s website at www.Planetgreenmetals.com.
PLANET GREEN METALS INC.
Jeremy S. Brett
President & CEO
Planet Green Metals Inc.
jbrett@planetgreenmetals.com
Tel: (416)-831-5978
Notice Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the engagement of Mid Atlantic, the expected length of the engagement, the expected services to be provided; the compensation expected to be paid by the Company in connection therewith; the Sheraton Property’s mineral potential; and the outcomes of the due diligence. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive.
In making the forward-looking statements in this news release, the Company has applied certain material assumptions, including without limitation, that the engagement with Mid Atlantic will proceed as expected, the agreement with Mid Atlantic will not be terminated earlier, that Planet Green will develop a robust understanding of the Sheraton Property’s mineral potential, that the outcomes of the due diligence will inform the design and implementation of additional work programs and that the Company’s business plans will remain unchanged. These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, that the engagement with Mid Atlantic will not proceed as expected, the agreement will Mid Atlantic will be terminated earlier, that Planet Green will not develop a robust understanding of the Sheraton Property’s mineral potential, the outcomes of the due diligence will not inform the design and implementation of additional work programs and unanticipated costs and changes in the Company’s business plans.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.