Voltaic Minerals Corporation: Acquires Green Energy Lithium Property
20.05.2016 | FSCwire
Vancouver - Voltaic Minerals Corp. (TSXV: VLT, FSE: 2P6) (the “Company”) is pleased to announce that it has received TSX Venture Exchange acceptance and has closed its acquisition previously announced on February 18, 2016 regarding the Mineral Property Acquisition Agreement to purchase a 100% right, title and interest in and to the Green Energy Lithium Property. The property encompasses 4,160 acres and is located 15km west of the city of Moab, Grand County, Utah.In consideration for the purchase, the Company has paid CAD$10,000 to Zimtu Capital Corp. in repayment of its expenses, issued an aggregate of 1,500,000 shares at a deemed value of $0.05 per common share to Mesa Exploration Corp. (“Mesa”) and will issue an additional 1,500,000 shares on May 9, 2017.
The Company expects the Green Energy Lithium Property to be its main focus of investment and exploration for the foreseeable future.
ON BEHALF OF THE BOARD, VOLTAIC MINERALS CORP.
“Darryl Jones”
Darryl Jones, Director
Tel: 604.681.1568
info@primadiamond.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.