FE Battery Metals (CSE: FE) (OTCQB: FEMFD), a publicly traded Canadian mineral exploration company, has entered into advertising agreements with several providers, including Future Money Trends LLC and Gold Standard Media LLC. The announcement was made by FE Battery Metals CEO and director Gurminder Sangha, who explained that the agreements are for an initial term of one year, at an aggregate cost to the company of $500,000. “The providers will furnish the company with marketing, managing of campaigns, administrative services, creation of landing pages, native ads, email marketing and influencer endorsements,” said FE Battery Metals CEO and director Gurminder Sangha in the press release. “Certain functions of the providers may include ‘investor relations activities’ under the policies of the Canadian Securities Exchange and applicable securities laws. Each provider is an arm’s length party to the company.”
In addition, the company has also entered into an option agreement for the Senay Lithium Project (“SLP”), which is within an active lithium exploration area of northern Quebec. According to the announcement, the Senay Lithium Project is comprised of more than 3,100 hectares and is located adjacent to the Bourier project of Critical Elements Lithium Corporation (TSX-V: CRE). This newly acquired land package includes 59 mining claims within the northeast portion of the Northeast-Southwest striking 150 km long Lac des Montagnes volcano-sedimentary belt of Quebec; this area contains significant pegmatite showings and is one of the most active centers for lithium exploration in the province. With this new acquisition, FE Battery Metals now holds 4,795 hectares in the James Bay Area. “We are pleased to add the Senay Lithium Project to our lithium exploration portfolio,” said Sangha in the press release. “In addition, FE continues to advance its exploration efforts at the Augustus Lithium Project which is adjacent to the soon-to-be operational North American Lithium mine.”
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About FE Battery Metals Corp.
FE Battery Metals is a Canadian mineral exploration company with a primary focus of acquiring mineral properties in the battery metal sector. The company’s goal is to identify, acquire and explore North American mineral prospects with a primary focus on lithium. The company’s strategy is to acquire and advance projects through prospecting and early-stage exploration; source joint venture partners to finance future exploration and project development; and create shareholder value through exploration success. For more information about the company, please visit www.FirstEnergyMetals.com.
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