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Arbor Metals Corp
Symbol ABR
Shares Issued 67,161,384
Close 2024-06-05 C$ 0.57
Market Cap C$ 38,281,989
Recent Sedar Documents

Arbor Metals closes Kemlee Lake project buy for shares

2024-06-05 18:59 ET - News Release

Mr. Mark Ferguson reports

ARBOR METALS COMPLETES ACQUISITION OF KEMLEE LAKE LITHIUM PROJECT IN NORTHERN ONTARIO

Arbor Metals Corp. has completed the acquisition of Kemlee Lake Lithium Corp. KLL is the holder of the Kemlee Lake lithium project situated in the heart of the Georgia Lake lithium camp, Thunder Bay mining division, Ontario.

The acquisition was completed pursuant to the terms of a share purchase agreement entered into with KLL and its sole shareholder. In consideration for all of the outstanding share capital of KLL, the company issued 1.5 million common shares to the vendor. The company is at arm's length from the vendor and KLL. No finders' fees or commissions were paid by the company in connection with the acquisition.

About Arbor Metals Corp.

Arbor Metals is a mining exploration company focused on developing high-value, geographically significant mineral projects worldwide. Arbor Metals is paving the way for advanced mineral exploration as it oversees world-class mining projects. The company is confident that combining quality projects with proven strategies and a dedicated team will yield exceptional outcomes.

The Jarnet, Corvette Lake and St. Pierre lithium projects, located in the James Bay region of Quebec, comprise 83 map-designated claims, covering an area of approximately 5,606 hectares. The projects are contiguous to the Corvette-FCI property, where diamond drilling has confirmed significant lithium mineralization, representing one of the highest-profile lithium exploration projects in the sector.

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