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Eagle Bay Resources Announces Start of Trading on CSE Under Symbol EBR
Vancouver, BC, March 14, 2023 – Eagle Bay Resources Corp. (“Eagle Bay” or the “Company”), is pleased to announce that its common shares have received approval f
About this update from Apex Critical Metals Corp
[{"type":"text","content":"Vancouver, BC, March 14, 2023 – Eagle Bay Resources Corp. (“Eagle Bay” or the “Company”), is pleased to announce that its common shares have received approval for listing on the Canadian Securities Exchange (the “CSE”) and will commence trading Wednesday March 15, under the trading symbol “EBR” at market open. The ISIN and CUSIP numbers for the common Shares are CA2694211038 and 269421103, respectively. Eagle Bay currently has 52,854,526 common Shares issued and outstanding. Of the 29,550,000 Common Shares owned by management, directors, and Zimtu Capital Corp., 2,955,000 (10%) will be released from escrow in connection with the commencement of trading, while 26,595,000 will remain in escrow, with batches of 4,432,500 released every six months over a period of three years. David Hodge, President and CEO of Eagle Bay, commented, “We are thrilled to commence our public listing with such a high-quality portfolio of rare earth and niobium exploration properties, now at a time when the North America is seeing increased exploration and development activities by majors and juniors alike. This is clearly an emerging rare earth minerals district with significant discovery having been advanced by Defence Metals Corp, with which we share a contiguous border, moving towards realising its full potential and we intend to be part of this.” Jody Dahrouge, Director and President of Dahrouge Geology comments “In the mid 2000’s we recognized the potential for both REE’s and niobium mineralization within carbonatites proximal to the Wicheeda REE showings. We acquired a number of claims over the years south-easterly from Wicheeda to the Cap Property, which covered a large circular magnetic anomaly. We have discovered several unique carbonatites since then and are extremely encouraged by the large number of mineral showings. Our confidence grows daily that continued exploration at the Cap Property will produce a new series of rare metal showings!” Michael Schuss, Director stated, “We are very grateful for the ongoing support of all our shareholders and the efforts of our team. Creating long-term value for our shareholders was very important to us and we are very eager to see what the future holds for the Company.” Additional information about the Company can be found in the Company’s final Non-offering Pr...