ROUYN-NORANDA, QC, Nov. 10,
2023 /CNW/ - Comet Lithium Corporation (TSXV: CLIC)
(FSE: 8QY) ("Comet Lithium") is pleased to announce the closing of
the previously announced acquisition of a 100% interest in two
lithium exploration stage mineral properties (the "Properties")
from Nomad Resource Partners Inc. ("Nomad Resource Partners")
pursuant to an asset purchase and sale agreement dated October 25, 2023.
The newly acquired Properties consists of 76 mining claims
within an active hard rock lithium district. The Properties are
made up of 32 claims comprising the Pontax South property and
44 claims comprising the Pontax East property. The
consideration for the acquisition of the Properties was paid by the
issuance of 1,850,000 common shares of Comet Lithium (the
"Consideration Shares") to Nomad Resource Partners. The
Consideration Shares are subject to a resale restriction period of
four months and one day. Please refer to Comet Lithium's press
release dated October 26, 2023 for
more details on the Properties.
About Comet Lithium
Comet Lithium is a dynamic lithium-focused exploration company
active in the prolific James Bay
District of Quebec. Comet
Lithium's flagship asset is its 100%-owned Liberty Property
contiguous to Winsome Resources' Adina deposit, a growing
high-grade discovery. Comet Lithium is advancing Liberty to
first-ever drilling, with the aim to deliver long-term value for
its stakeholders.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of the release.
SOURCE Comet Lithium Corp.