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Arena Minerals applies for transactions on OTC QX and provides additional information on investor public relations agreements, Canadian Business Journal

Toronto, June 24, 2022 (GLOBE NEWSWIRE) — Arena Minerals Inc. (“Arena” or “Company”) (TSX-V: AN | OTCQB: AMRZF) The Lithium Exploration Company has submitted an application to upgrade from the OTCQB® Venture Market to the OTCQX® Best Market Trading under the existing symbol “AMRZF”. The application requires final approval from the OTC Markets Group. US investors can find the company’s current financial disclosure and real-time Level 2 quotes at: www.otcmarkets.com..

The OTCQX market is designed for established investor-centric US and international companies. To qualify for OTCQX, companies must demonstrate high financial standards, best practice corporate governance, and compliance with applicable securities laws. Graduation to the OTCQX market is expected to bring greater liquidity, a better trading experience for current and future US investors, and expose us to a wider market.

Investor Relations Agreement

In addition to the news releases of October 15, 2021 and April 11, 2022, we will provide additional information regarding the involvement of the OGIB Corporate Bulletin (“OGIB“) And Digitonic Limited (“)Digitonic“) To provide our company with services for investors.

Based in Vancouver, British Columbia, OGIB provides investor services to public companies in various industry segments. OGIB’s services were provided to us through our principal, Keith Schaefer. Agreement between us and OGIB on October 13, 2021 (“OGIB contract”), OGIB helped prepare the content and publish information about the company for six months. In accordance with the OGIB Agreement, OGIB received a CDN of $ 200,000 (and applicable taxes). It was prepaid under the OGIB contract. The contract was signed at the end of the six-month term in April 2022.

Digitonic is based in Glasgow, Scotland. Digitonic provides investor services to public companies in various industry segments. Digitonic’s services are provided to us through Neil Reynolds. In accordance with the contract signed with Digitonic on September 13, 2021Digitonic contract“), Digitonic provided advertising, corporate marketing and investor awareness services, including but not limited to content creation management, project management and media distribution. March 2022, Digitonic April 11, 2023 You have been paid US $ 216,000 to provide the service for up to 12 months.

To the best of our knowledge, OGIB, Digitonic, or their respective principals or employees, have no direct or indirect interest in us, do not own our securities, and have the right or intent to acquire such securities. There is no such thing. OGIB and Digitonic are arm lengths for the company. All content describing the company created by OGIB and Digitonic has been or will be reviewed by the company prior to publication or distribution.

OGIB and Digitonic contracts require TSXV approval.

About Arena Minerals Inc.

The arena owns 65% of the Sarderapuna project, which covers approximately 11,000 hectares of the Pastos Grandes Basin in Salta, Argentina. The claim is very promising and shares the basin with two advanced lithium brine projects. In addition to Sal de la Puna, we own the Antofalla Lithium Brine Project in Argentina. It consists of four claims covering a total of 6,000 hectares in the central part of Salal de Antofalla, just south of Albemarle Corporation’s Antofalla project. Arena has developed its own brine processing technology using brine-type reagents derived from the Antofalla project with the aim of producing more competitive battery-grade lithium products.

The Arena also owns 80% of Atacama Copper’s assets in the Antofagasta region of Chile and 5.8 million shares of Astra Exploration. The project is located in the lowlands and produces mining camps in an infrastructure-rich area in the heart of Chile’s major copper mining district.

For more information about us, its management, expertise, and projects, please visit www.arenaminerals.com. Email registration is also available on the website, which allows subscribers to receive news and updates directly.

The technical information contained in this news release has been reviewed and approved by qualified personnel William Randall, P. Geo, as defined in NI 43-101. Randall is a board member and chief executive officer and president of the arena.

For more information, see President and CEO William Randall (+ 1-416-818-8711) or Simon Marcotte (Corporate Development) (+ 1-647-801-7273) or [email protected]

On behalf of the Board of Directors: Arena Minerals Inc.

William Randall, President and CEO

Notes on accuracy and forward-looking information

This news release may contain forward-looking information, to the extent of applicable Canadian securities law. Future outlook information includes statements, forecasts, and estimates regarding the future development of our assets, forecast timing for private placement financing, and our ability to complete private placement financing. Not limited to. As a result of the exploration program, the company’s ability to develop and anticipate the future financial or operating results of the Company, its subsidiaries and their projects, the Atakama Project in Chile, the Antofara, Homblem Elt or Positos Projects in Argentina, and the financing of the company. .. In general, forward-looking information refers to forward-looking terms such as “plan,” “expect,” “not expect,” “expected,” “budget,” “plan,” and “estimate.” Can be identified using. “Predict”, “intended”, “predict”, “unexpected”, “believe”, or a variation of such a word or phrase, or a particular action, event, or result is “potential” , “Possible”, “Possible”, “Possible” or “Take”, “Occurs” or “Achieved”. The information contained in this document is based on current expectations and assumptions that are affected by risks and uncertainties. Actual results due to factors discussed in our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and the relevant Canadian securities regulation management discussion and analysis section. Can be very different. The estimates underlying the results contained in this news release stem from the work done by the previous owner and company. Forward-looking information is subject to known and unknown risks, uncertainties, and other factors, and our actual results, levels of activity, performance, or performance may be such forward-looking information. May differ significantly from what is expressed or implied by. However, it is not limited to these. General business, economic, competitive, geopolitical and social uncertainties. Actual results of current exploration activities. Other risks in the mining industry and the risks listed in our annual information form. We have attempted to identify key factors that may cause actual performance to differ materially from those contained in forward-looking information, but may cause results to differ from what is expected, estimated or intended. There may be other factors. Actual results and future events may differ materially from those expected in such statements and there is no guarantee that such information will be accurate. Therefore, readers should not place excessive reliance on information about future prospects. Arena Minerals does not undertake to update forward-looking information except in accordance with applicable securities law.

Neither the TSX Venture Exchange nor its regulatory service provider (the term is defined in the TSX Venture Exchange Policy) is responsible for the validity or accuracy of this release.


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Arena Minerals applies for transactions on OTC QX and provides additional information on investor public relations agreements, Canadian Business Journal

Source link Arena Minerals applies for transactions on OTC QX and provides additional information on investor public relations agreements, Canadian Business Journal

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