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1844 Provides Additional Details on Its Option Agreement to Acquire up to a 100% Interest in the High-Grade Hawk Ridge Nickel/Copper Project in Quebec
Saskatoon, Saskatchewan--(Newsfile Corp. - March 7, 2023) - 1844 RESOURCES Inc. (TSXV: EFF) (th...
About this update from 1844 Resources Inc
[{"type":"text","content":"1844 Provides Additional Details on Its Option Agreement to Acquire up to a 100% Interest in the High-Grade Hawk Ridge Nickel/Copper Project in QuebecSaskatoon, Saskatchewan--(Newsfile Corp. - March 7, 2023) - 1844 RESOURCES Inc. (TSXV: EFF) (the \"Company\" or \"1844\") announces, further to its news release of March 6, 2023 (the \"March 6th News Release\"), that the Company's option agreement (the \"Option Agreement\") with Nickel North Exploration Corp: (\"NNX\") is an arm's length transaction and no finder's fees are payable in connection with the Option Agreement.The completion of the transaction is subject to several conditions, including, but not limited to, the approval of the TSX Venture Exchange and all other necessary approvals including shareholder approval by NNX shareholders for the Fourth and Fifth Options (as such terms as defined in the March 6th News Release). Pursuant to the terms of the Option Agreement, NNX is required to receive lock-up and support agreements from shareholders holding not less than 60% of NNX's common shares. Additional information on the transaction will be provided in a subsequent news release.About 1844 Resources Inc: 1844 is an exploration company with a focus in strategic and energetic metals and underexplored regions of Quebec With a dedicated management team, the Company's goal is to create shareholder value through the discovery of new deposits.(signed) \"Sylvain Laberge\" Sylvain LabergePresident and CEO514.702.9841Slaberge@1844 resources.comFORWARD LOOKING INFORMATIONThis press release contains statements which, other than statements of historical fact constitute \"forward-looking statements\" within the meaning of applicable securities laws. The words \"may\", \"would\", \"could\", \"will\", \"intend\", \"plan\", \"anticipate\", \"believe\", \"estimate\", \"expect\" and similar expressions, as they relate to the Company, are intended to identify such forward-looking statements. This press release contains forward-looking statements, such as statements relating to the incurrence of exploration expenditures, the Options and approval of the Option Agreement by the Exchange. Investors are cautioned that forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to ...