Refined Metals Corp. Announces Updates to Property Option Agreements
Aman Parmar, Chief Executive Officer of the Company, commented: “the termination of the Rose POA and the amendments to the option agreements for the Simard and Horizon properties positions the Company to focus on the exploration and advancement of its lithium prospective properties.
- Aman Parmar, Chief Executive Officer of the Company, commented: “the termination of the Rose POA and the amendments to the option agreements for the Simard and Horizon properties positions the Company to focus on the exploration and advancement of its lithium prospective properties.
- We are excited to continue our exploration of the Simard Property and to begin exploring the Horizon South Property.”
For additional details regarding the property option agreements in respect of the Simard Property and the Horizon South Property, please see the Company’s press releases dated December 21, 2022 (in respect of the Simard Property) and February 9, 2023 (in respect of the Horizon South Property). - As disclosed in the Company’s February 9, 2023 press release, the option agreement in respect of the Horizon South Property is considered to be a “related party transaction” of the Company as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”).
- The Company’s entrance into the Horizon South Property option agreement was unanimously approved by the independent directors of the Company.