[posting]59994961[/posting]Dies bedeutet nicht, dass ich WML zu meinen Lieblingen zähle, aber daraus könnte Henk van Alpen wieder eine kurstreibende ( für Alle "ertragreiche"
) story basteln:denn
Henk scheint sich als weiteres Standbein noch eine Vanadium-Sparte aufzubauen.
Nachdem kürzlich diese Personalie vermeldet wurde:
Cellcube Energy appoints van Alpen to board
2019-03-04 18:27 ET - News Release
Mr. Mike Neylan reports
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aCUBE-272…
( wir erinnern uns, CUBE sagt: " we aim to create a leading North American vanadium development company. " )
heute nun dies:
Wealth options Meductic properties in New Brunswick
2019-03-13 08:42 ET - News Release
Mr. Hendrik van Alphen reports
WEALTH ANNOUNCES OPTION FOR 100% OF MEDUCTIC VANADIUM PROPERTY
Wealth Minerals Ltd. has signed an option agreement giving it the right to acquire a 100-per-cent interest (subject to a 2-per-cent net smelter returns royalty) in the Meductic vanadium properties located approximately 79 kilometres west northwest of Fredericton, N.B., Canada.
Henk Van Alphen, Wealth's CEO, commented: "This acquisition was made to give Wealth shareholders increased exposure to metals tied to new battery technologies that are driving the global change in energy use. Lithium and vanadium are key metal inputs with favorable market dynamics in terms of demand and limited supply."
Stefan Schauss, a Director of Wealth and a vanadium battery expert, stated: "Vanadium is a new battery metal that is enjoying increased demand due to the growing popularity of flow batteries. Flow batteries are used in applications where long duration energy storage is prioritized over other characteristics of rechargeable batteries. Vanadium has historically only been used in the steel industry and new demand from battery manufacturers is expanding the demand landscape."
Background
The Property, which is comprised of the Wickham 1, Bright Eye Brook 1, 2 and 3, and Meductic 3, 4 and 5 mineral tenures consists of a total area of approximately 1,749 hectares (see Figure 1 and 2). The Property covers known areas of highly anomalous vanadium in outcrop. In addition, a 2018 sample results program confirmed that there is a vanadium enriched section within the Property. Sampling at both the Meductic and Bright Eye Brook mineral tenures area returned vanadium pentoxide values > 0.10% over lengths of between 30 and 64 meters.
Acquisition Terms
Wealth and the Property owners (the "Owners") have entered into a formal option agreement dated November 28, 2018 (the "Option Agreement"). Under the terms of the Option Agreement, Wealth made a $20,000 cash payment upon signing and may exercise the Option by paying an aggregate of $720,000 in cash, and issuing an aggregate of 2.5 million common shares of Wealth, to the Owners, in accordance with the following schedule:
Due Date Cash Wealth Shares
Upon signing $20,000 --
March 15, 2019 $20,000 150,000
One year after signing $80,000 300,000
Two years after signing $120,000 450,000
Three years after signing$160,000 600,000
Four years after signing $320,000 1,000,000
Pursuant to the provisions of the Option Agreement, Wealth has agreed to pay the Owners a 2% NSR royalty on all mineral commodities sold from the claims comprising the Property. Wealth has the right to purchase from the Owners, at any time, half of the NSR royalty (1% of the 2%) for a lump sum payment of $1,000,000. Additionally, from the fifth anniversary of the signing of the Option Agreement until production, the Owners shall receive an advance royalty of $30,000 per year, which will be credited towards NSR royalty payments following the commencement of production on the Property.
Option Cancellation
Wealth also announces that, pursuant to the Company's 2004 Incentive Stock Option Plan, the Company has cancelled an aggregate of 3,550,000 incentive stock options which were previously granted to directors, officers, employees and consultants.
Qualified Person
John Drobe, P.Geo., a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed the scientific and technical information that forms the basis for this news release and has approved the disclosure herein. Mr. Drobe is not independent of the Company as he is a consultant and shareholder of Wealth, and holds incentive stock options in the Company.
About Wealth Minerals Ltd.
Wealth is a mineral resource company with interests in Canada, Mexico, Peru and Chile. The Company's main focus is the acquisition and development of lithium projects in South America. To date, the Company has positioned itself to develop the Quisquiro Salar in Chile (the Trinity Project), as well as to work alongside existing producers in the prolific Atacama Salar, where the Company has a substantial licenses package. The Company has also positioned itself to play a role in asset consolidation in Chile with various lithium properties throughout the country.
We seek Safe Harbor.
\u00a9 2019 Canjex Publishing Ltd. All rights reserved.
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aCUBE-272…