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Canamera Energy Enters Joint Venture Option Agreement with Bindi Metals for Schryburt Lake Rare Earths Project, Ontario
Edmonton, Alberta--(Newsfile Corp. - November 14, 2025) - Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (the "Company") is pleased to announce that it has entered into a Joint Venture Option Agreement ("JV Agreement") with Bindi Metals Limited ("Bindi"), an Australian-based exploration company, with respect to Bindi's Schryburt Lake Rare Earths Project ("Project") located in northwestern Ontario, Canada.The Project is located 120 kilometers north of Pickle Lake, Ontario, and can be...
About this update from Canamera Energy Metals Corp
[{"type":"text","content":"Edmonton, Alberta--(Newsfile Corp. - November 14, 2025) - Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (the "Company") is pleased to announce that it has entered into a Joint Venture Option Agreement ("JV Agreement") with Bindi Metals Limited ("Bindi"), an Australian-based exploration company, with respect to Bindi's Schryburt Lake Rare Earths Project ("Project") located in northwestern Ontario, Canada.","length":461,"tagName":"p"},{"type":"text","content":"The Project is located 120 kilometers north of Pickle Lake, Ontario, and can be accessed by road to within 30 kilometers. The Project is comprised of 255 mineral claims covering an area of 4726 Hectares, and has been the subject of historical and recent exploration work, including 3D magnetic inversion modelling and rock chip sampling.","length":337,"tagName":"p"},{"type":"text","content":"Joint Venture Option Agreement Terms","length":36,"tagName":"p"},{"type":"text","content":"Under the JV Agreement, Canamera can earn a 51% interest ("First Option") in the Project by:","length":102,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"making a $25,000 cash payment and issuing 250,000 common shares to Bindi Metals within 7 business days hereof; and","length":114,"tagName":"p"}]},{"val":[{"type":"text","content":"funding an aggregate of $1,500,000 in Project expenditures on or before the date is 12 months from the date that all required permits are received for such work.","length":161,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":275,"olType":false},{"type":"text","content":"If the First Option is exercised, then Canamera shall have the right to earn up to an additional 25% interest ("Second Option") in the Project (for a total 76% interest) by:","length":183,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"funding or incurring an aggregate of $3,000,000 in Project expenditures within two years of exercising the First Option.","length":120,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":120,"olType":false},{"type":"text","content":"If the Second Option is exercised, then Canamera shall have the right to earn up to an additional 14% interest in the Project (for a total 90% interest) by:","length":156,"tagName":"p"},{"type":"list",...