10:14:46 EDT Mon 20 May 2024
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Comet Lithium begins trading under CLIC symbol

2023-06-08 13:37 ET - News Release

Mr. Michael Ferreira reports

COMET LITHIUM NOW TRADING UNDER SYMBOL "CLIC" ON TSX VENTURE EXCHANGE

Comet Lithium Corp. is now trading under the symbol CLIC on the TSX Venture Exchange. The Company's new CUSIP number is 20036Y101 and its new ISIN (international securities identification number) is CA20036Y1016.

Investors can access the Company's new website at: https://www.CometLithium.com. The launch of the full website will coincide with the official launch of the Comet brand later this month.

Mr. Michael Ferreira, President and CEO of Comet Lithium, stated: "The new Company name and ticker symbol reflect our new lithium focus driven by the early success and the impressive upside potential of our 100%-owned Liberty Property contiguous to Winsome Resources' Adina discovery. We look forward to upcoming first-ever drilling at Liberty."

Liberty Highlights

Recently completed high resolution magnetic survey (refer to April 18, 2023 Comet news release) shows that two significant trend orientations clearly connect to the west with the Adina pegmatite system;

An important 2.75-km-long (east-west) by 500-metre-wide (north-south) low magnetic corridor at Liberty is on strike with Winsome's pegmatite system;

The high-resolution survey identified a second strong magnetic contrast extending for 6.5 km in the northern half of Liberty;

Liberty has never been previously drilled or systematically explored;

Latest drill results released by Winsome confirm high-grade lithium mineralization continues at least 1.9 km east of the Main Zone, within approximately 600 metres of the Liberty border, and remains open to the east (refer to Winsome news release April 2, 2023). The total strike length of the lithium mineralized trend is >3 km, open to both the east and the west;

Comet has finalized details of a summer exploration program at Liberty, leading to first-ever drilling in the second half of 2023, and will provide investors with updates in the near future.

Q u alified Person

Martin Demers, P. Geo (ogq #770, APEGNB L5980), registered in the Provinces of Quebec and New-Brunswick, a consultant to Comet Lithium, is a qualified person under National Instrument 43 - 101 - Standards of Disclosure for Mineral Projects. He has reviewed the technical contents of this news release and has approved the disclosure of the technical information contained herein.

About Comet Lithium Corp.

Comet Lithium is a dynamic lithium-focused exploration company active in the prolific James Bay District of Quebec. Comet's flagship asset is its 100%-owned Liberty Property contiguous to Winsome Resources' Adina deposit, a growing high-grade discovery. Comet is advancing Liberty to first-ever drilling in 2023.

We seek Safe Harbor.

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