Mr. Kelvin Lee reports
MEGAWATT ANNOUNCES ENGAGEMENT OF MARKET MAKER SERVICES FROM INDEPENDENT TRADING GROUP
Megawatt Lithium and Battery Metals Corp.
has retained Independent Trading Group to provide market-making services in
accordance with the policies of the Canadian Securities Exchange.
ITG will trade the securities of the company on the CSE and other applicable trading venues for the
purpose of maintaining an orderly market. In consideration of the services provided by ITG, the company will pay ITG a monthly fee of $7,500, plus taxes, for a minimum term of one month, and will
renew for additional one-month terms unless terminated. The agreement may be terminated by
either party with 30 days notice. The services provided by ITG will commence on April 22, 2024.
The company and ITG are unrelated and unaffiliated entities, and ITG has no interest, directly or
indirectly, in the company or its securities. ITG will not receive shares or options as compensation, nor
has it indicated any immediate intent to acquire shares of the company through the open market
or otherwise. ITG is a member of the Canadian Investment Regulatory Organization and can
trade on all Canadian stock exchanges and alternative trading systems. The capital used for market-making will be provided by ITG.
About Megawatt Lithium and Battery Metals Corp.
Megawatt is a British Columbia-based company involved in the acquisition and exploration of mineral
properties in Canada. The company holds a 100-per-cent undivided interest, subject to a 1.5-per-cent net smelter royalty on all base and
rare earth elements and precious metals, in the Cobalt Hill property, consisting of eight mineral claims
covering an area of approximately 1,727.43 hectares located in the Trail Creek mining division in the
province of British Columbia, Canada.
Additionally, the company has acquired a 100-per-cent interest in a company that indirectly holds a 100-per-cent
interest (subject to a 2-per-cent NSR) in the Tyr silver project (see the press release dated Oct. 15, 2020).
The company holds a 100-per-cent interest (subject to a 2-per-cent NSR) in and to the Route 381 lithium property,
composed of 40 mineral claims located in James Bay territory, north of Matagami in the province of
Quebec, covering 2,126 hectares (see press release dated Feb. 3, 2021), and a 100-per-cent interest in
229 additional mineral exploration claims prospective for lithium, also in the James Bay area of Quebec,
covering an area of 12,116 hectares or 121 square kilometres.
We seek Safe Harbor.
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