Coloured Ties Capital Provides Corporate Portfolio Update
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2024) - Coloured Ties Capital Inc. (TSXV: TIE) (OTC Pink: APEOF) (FSE: 97A0) ("Coloured Ties" or the "Company") is pleased to provide an update on its material investment portfolio, reflecting the Company's strategic approach to growth through diversified holdings in emerging and high-potential companies across the critical minerals, gold, and disruptive technology sectors.
Overview of Material Holdings:
Coloured Ties Capital Inc. currently holds significant positions in the following publicly traded companies, with a strong emphasis on critical minerals and resource-based investments:
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Abcourt Mines Inc. (TSXV: ABI) - 6,000,000 shares
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Hertz Energy Inc. (CSE: HZ) - 9,435,000 shares
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Lafleur Minerals Inc. (CSE: LFLFR) - 10,234,000 shares
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Patriot Battery Metals Inc. (TSX: PMET) - 1,260,300 shares
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Starr Peak Mining Ltd. (TSXV: STE) - 1,339,000 shares
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Superior Mining International Inc. (TSXV: SUI) - 6,736,666 shares
Detailed Investment Portfolio:
Abcourt Mines Inc.
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The Company acquired 6,000,000 shares in Abcourt Mines through a private placement at a price of $0.05 per Unit. Each Unit consists of one common share and one share purchase warrant, allowing the holder to purchase an additional share at $0.06 for 36 months.
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Abcourt Mines is focused on gold production and exploration, with key properties located in Quebec, Canada, including the Sleeping Giant mine and mill. Abcourt's strategy is to advance these assets and unlock the value of its gold resources.
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This investment diversifies Coloured Ties into the precious metals sector, providing exposure to gold during times of economic volatility.
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For further details, visit Abcourt Mines or view the filings on SEDAR+.
Hertz Energy Inc.
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Coloured Ties holds 9,435,000 shares in Hertz Energy, a critical minerals exploration company. Hertz is actively advancing its lithium projects in James Bay, Quebec, while also working on an antimony project in the Gaspé Region.
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In addition, Hertz has applied for a uranium project license in Namibia, recognizing the growing demand for uranium as a critical component in nuclear energy.
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Hertz's focus on critical minerals reflects the global shift toward renewable energy and the decreasing reliance on base metals such as copper and iron.