Business
First Energy Metals Hires Digitial Marketing Consultant and Doubles Drill Program at Augustus Lithium Property
VANCOUVER, BC, June 14, 2021 /CNW/ - First Energy Metals Ltd. (CSE: FE) ("First Energy" or the "Company) is pleased to announce it has engaged Sidis holdings Li
About this update from Linear Minerals Corp.
[{"type":"text","content":" VANCOUVER, BC, June 14, 2021 /CNW/ - First Energy Metals Ltd. (CSE: FE) (\"First Energy\" or the \"Company) is pleased to announce it has engaged Sidis holdings Limited. (\"Sidis\") and Maynard Communications Limited. (\"Maynard\") to provide corporate communications services to the Company. The services provided by both Sidis and Maynard include, but are not limited to, SEO, digital media campaigns for branding, Media Consulting, General Business Development, Multimedia services and Project Management. A significant amount of time will also be devoted to product and services marketing/ advertising. The comprehensive advertising program is designed to build brand familiarity, general recognition, and awareness within online investor content platforms The term of the agreement extends from the effective date of June 14, 2021 until the digital media marketing campaign and related media buying concludes. The Company will pay $ 300,000 to Sidis for a 30-month period for the above services. In addition, the Company will pay $300,000 for a 6-month period to Maynard. First Energy may elect to prepay the above noted expenses with cash on hand. Each of the above noted parties are arm's length consultants have been retained to provide digital marketing primarily using Google ads, digital media, corporate advisory, branding and strategic business services to the Company. Neither First Energy nor any of its directors, officers or employees have any interest, directly or indirectly, in Sidis or Maynard, or their securities, or any right or intent to acquire such an interest. In addition, the Company is pleased to announce it is nearing a milestone of completing its initial 5,000 metre drill program at the Augustus Lithium Property. To date First Energy has drilled 23 holes on both the Augustus and Canada Lithium Prospect with a cumulative drilling of 4,063 metres. To date Augustus has 12 holes drilled and Canada Lithium Prospect has had 11 holes drilled. Both the surface and drill exploration have yielded encouraging results to date and with that in mind First Energy will be increasing the drill program by an additional 5,000 metres. Lastly, the Company would like to announce a non-brokered private placement financing of $1,000,000, the financing will consist of the issuance of up to 2,985,074 at $0.335 cents per unit. Each...