Mr. Darryl Jones reports
VOLTAIC MINERALS CORP. ACQUIRES GREEN ENERGY LITHIUM PROPERTY
Voltaic Minerals Corp. has received TSX Venture Exchange acceptance and has closed its acquisition previously announced on Feb. 18, 2016, regarding the mineral property acquisition agreement to purchase a 100-per-cent right, title and interest in and to the Green Energy lithium property. The property encompasses 4,160 acres and is located 15 kilometres west of the city of Moab, Grand county, Utah.
In consideration for the purchase, the company has paid $10,000 to Zimtu Capital Corp. in repayment of its expenses, issued an aggregate of 1.5 million shares at a deemed value of five cents per common share to Mesa Exploration Corp. and will issue an additional 1.5 million shares on May 9, 2017.
The company expects the Green Energy lithium property to be its main focus of investment and exploration for the foreseeable future.
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