Business
Lodestar Metals Announces Termination of Investor Relations Agreement with Grant Galloway
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2024) - Lodestar Metals (TSXV: LS...
About this update from Lodestar Metals Corp.
[{"type":"text","content":"Lodestar Metals Announces Termination of Investor Relations Agreement with Grant GallowayVancouver, British Columbia--(Newsfile Corp. - September 16, 2024) - Lodestar Metals (TSXV: LSTR) (OTCQB: SVTNF) (\"Lodestar\" or the \"Company\"), today announces the termination of its investor relations agreement with Grant Galloway. The decision to terminate the agreement, effective immediately, was made after careful consideration of the Company's strategic direction and ongoing challenges in meeting the terms of the agreement.The agreement with Mr. Galloway officially began on June 10, 2024, following final acceptance of the TSX Venture Exchange. Since July 1, 2024, Lodestar has made multiple efforts to work collaboratively with Mr. Galloway to establish clear terms and expectations for the engagement. Unfortunately, these attempts were unsuccessful, and the Company has decided to move in a different direction.Lowell Kamin, CEO of Lodestar, states, \"As Lodestar continues to grow, it's crucial for us to align with partners who can meet our strategic needs, and we believe this decision is in the best interest of our shareholders.\"The Company remains committed to enhancing shareholder value and will be exploring alternative options to ensure effective communication with its stakeholders and the broader investment community.Lodestar Metals is focused on its core business of exploring and developing its portfolio of properties, including the Peny Property, where it continues to make significant progress. The Company looks forward to updating its shareholders on further developments in the near future.About Lodestar Metals Corp.Lodestar Metals Corp. is a Canadian mining exploration company. The Company's 100% owned flagship Peny Property comprises 47 mineral claims totaling 11,191 hectares in the Snow Lake District, Manitoba, with access to tier-1 existing infrastructure. The Lodestar business plan calls for a dynamic combination of developing its existing properties, acquisitions, and partnerships to achieve growth. For more information, visit https://lodestarbatterymetals.ca. Contacts Lodestar Metals Corp. Lowell Kamin, President, CEO & Chairman of the Board (416) 272-1241 [email protected] Investor Relations Alyssa Barry, IR Labs Inc. 1-(833)-947-5227 [email protected] StatementsThe information set forth ...