Neotech Metals Corp. , a mineral exploration company, is pleased to announce that it has signed a definitive agreement with VR Resources Ltd., a TSX-V listed company , to acquire the right, title and interest in the Rare-Earth Element , niobium and phosphate project in northeastern Ontario, consisting of 224 unpatented mining claims covering 4,617 hectares in northern Ontario, and referred to as the "Hecla-Kilmer Property", subject to customary conditions. Consideration for the acquisition consists of $600,000 in initial cash, payable by April 8, 2024, $400,000 in secondary cash payable on the closing date, which is expected to be April 26, 2024 or such other date as the parties may agree, and the issuance of 4,000,000 common shares of the Company issuable as to 500,000 share...