Mr. Mario Pezzente reports
MUSK METALS CORPORATE UPDATE
Musk Metals Corp. has re-engaged Senergy Capital Communications Inc. of Vancouver, B.C., Canada, to provide investor relations to the company.
Senergy is a digital marketing firm that will assist with on-line communications and strategies, with the goal of increasing awareness of the company and its business model.
Senergy has been retained for an initial period of three months, with an anticipated start date of Oct. 24, 2024, to assist the company in raising investor awareness. In consideration for the investor relation services to be provided by Senergy, the company has agreed to pay a fee of $15,000 plus GST (goods and services tax) per month.
The fees to Senergy will be used for co-ordinating and carrying out marketing of the company and its products and services and for general awareness of the company, and will also cover expenses and costs for media distribution, influencer videos and advertising.
To the company's knowledge, Senergy does not have any interest, directly or indirectly, in Musk Metals or any right or intent to acquire such an interest. The agreement with Senergy is subject to Canadian Securities Exchange approval.
Senergy Capital Communications chief executive officer: Aleem Fidai
Address: unit 228, 1122 Mainland St., Vancouver, B.C., V6B 5L1
E-mail: aleem@senergy.capital
Phone: 778-772-6740
Also, effective Oct. 22, 2024, the company intends to amend the exercise price of an aggregate of 5,605,250 outstanding common share purchase warrants to five cents, subject to acceleration provisions described herein. The acceleration provisions provide that if for any 10 consecutive trading days prior to the expiry date the closing price of the common shares of the company on the CSE exceeds the amended exercise price by an amount equal to the maximum permitted discount permitted by CSE policy, the expiry date of the amended warrants will be accelerated such that the amended warrants will expire 30 days from the date which is seven days following the 10th day of the applicable premium trading period. All other terms of the warrants will remain unchanged. The warrants were originally issued between April 19, 2017, Nov. 15, 2022, and Aug. 23, 2023, at exercise prices between 12 cents and 20 cents. No directors or officers of the company beneficially own any warrants.
Further to the Aug. 21, 2024, news release, MERN informed the company that it is not issuing lands that are designated as private land, after May 27, 2024; therefore, five of the claims will not be included in the purchase. The government does not have a date by which a decision will be made. However, should it allow for staking of these claims, the issuer will be able to proceed with these claims.
About Musk Metals Corp.
Musk Metals is a publicly traded exploration company focused on the development of highly prospective, discovery-stage mineral properties located in some of Canada's top mining jurisdictions. The company's properties are in the Chapais-Chibougamau, Abitibi, Upper Laurentides, Temiscamingue and James Bay regions of Quebec, and the Golden Triangle district of British Columbia.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.