Turbo Capital Acquires Lithium Project in the Clayton Valley of Nevada
16.09.2015 | The Newswire
Vancouver, September 16, 2015 - Turbo Capital Inc. (“TBO” or the “Company”) (TBO—TSX.V) wishes to announce that it has acquired the “Clayton Valley West” Lithium Prospect in the Clayton Valley of Nevada, subject to regulatory approval. James Nelson, President of Turbo states, “This is a lithium district that has recently garnered significant market interest, especially in light of Tesla’s Gigafactory within the state. We feel the lithium space may grow substantially in the future and we are extremely pleased to be able to enter this space. This property is directly bordering Pure Energy Mineral’s (PE—TSX.V) property.”
As per the terms of the acquisition agreement, TBO is required to issue 8 million shares upon TSX Venture Exchange approval in exchange for an 100 percent interest in 6 claim blocks. The claims are being acquired from an arm’s length vendor.
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“James Nelson ”
President & Corporate Secretary
Turbo Capital Inc.
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
Contact Information
Turbo Capital Inc.
Tel: 1604899-9150
info@turbocapitalinc.com
www.turbocapitalinc.com