Stockwatch

Green Battery Minerals Inc
Symbol	GEM
Shares Issued	74,896,287
Close 2023-07-27	C$ 0.055
Market Cap	C$ 4,119,296
Recent Sedar+ Documents

Green Battery receives TSX OK for property deals

2023-07-27 12:50 ET - News Release

Subject: GEM PDF Document File: Attachment PressReleasaeApprovalGranted.pdf 2200 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8 #1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6 Phone: (438) 469-0705 Phone: (604) 343-7740 Email: info@greenbatteryminerals.com Website: www.greenbatteryminerals.com PRESS RELEASE July 27, 2023 - Vancouver, BC GREEN BATTERY MINERALS INC. (the "Company") (TSX-V: GEM, FSE: BK2P, WKN: A2QENP OTC: GBMIF) advises that it has received TSX approval to the property acquisition agreement dated February 23, 2023. The Company entered into an agreement with Michel Robert and Hugh Oswald (the "Vendors") to option 1,1622.30 hectares of mineral claims semi-contiguous to the Berkwood Graphite Project ("Berkwood") located in Northern Quebec in consideration for the issuance of a warrant to purchase up to 613,000 common shares, exercisable at the price of $0.09 per share for three years. The Vendors are arm's length to the Company. No finder's fee is payable. The securities to be issued will have a four month plus one day hold period from issuance. These claims are semi-contiguous to the Companies Berkwood Project and in the same graphite bearing geological formation which contain graphitic outcrops. The Berkwood Project is based on the concept of mining shallow contiguous graphite deposits and outcrops. The newly acquired claims also have similar and geophysical features as Berkwood and sampling has already produced high-grade Graphite at surface. The properties are road accessible with excellent infrastructure nearby. In addition, the Company has received TSX approval to the property option agreement enter into on May 3, 2023 with Contigo Resources Ltd. known as the Juniper Property. In consideration for the option, the Company agreed to pay $50,000 within 5 days of signing (paid) and an additional $250,000 before October 21, 2024. Further, the Company has agreed to incur (1) $100,000 of work expenditures by December 31, 2023; and (2) an additional $500,000 by October 21, 2024. Contigo Resources will retain a 2% NSR, 1% of which can be reduced for $1,500,000 any time prior to commercial production. Contigo Resources Ltd. is arm's length to the Company. No finder's fee is payable. On Behalf of the Board of Directors GREEN BATTERY MINERALS LNC. Thomas Yingling President, CEO & Director FOR MORE INFORMATION, PLEASE CONTACT: Investor Relations: or 1-604-343-7740 info@greenbatteryminerals.com www.greenbatteryminerals.com Disclaimer for Forward-Looking Information: Certain statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in this news release include that the Company will carry out the drill program described in this news release, conduct the Offering and expend funds on Berkwood Graphite Project exploration. It is important to note that the Company's actual business outcomes and exploration results could differ materially from those in such forward-looking statements. Risks and uncertainties include that further permits may not be granted timely or at all; the mineral claims may prove to be unworthy of further expenditure; there may not be an economic mineral resource; methods we thought would be effective may not prove to be in practice or on our claims; economic, competitive, governmental, environmental and technological factors may affect the Company's operations, markets, products and prices; our specific plans and timing drilling, field work and other plans may change; we may not have access to or be able to develop any minerals because of cost factors, type of terrain, or availability of equipment and technology; and we may also not raise sufficient funds to carry out our plans. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at www.sedar.com. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect. Except as required by law, we will not update these forward-looking statement risk factors. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.