RED METAL RESOURCES LTD - RMESF STOCK NEWS

Red Metal Resources (CSE: RMES) (OTC: RMESF) has executed a Definitive Agreement to acquire a 100% interest in three mineral claim packages near Ville Marie, Quebec. The claims are contiguous to Quebec Innovative Materials Corp.'s recent hydrogen discovery of over 1,000 ppm. The acquisition covers 19 cells totaling over 1,100 hectares, with 11 claims already approved. The company will pay $5,000 plus GST and issue up to 1.6 million common shares, with 1.1 million shares issued for the approved claims and 500,000 shares reserved for pending approvals. Red Metal is planning comprehensive exploration programs including AI mapping, gas sampling, and geophysical surveys.

Red Metal Resources (CSE: RMES) (OTC PINK: RMESF) has announced plans for a Hydrogen exploration program on its mineral claims contiguous to Quebec Innovative Materials Corp.'s recent Hydrogen sample discovery of over 1,000 ppm. The company's claims, covering over 1,100 hectares, are located in the Timiskaming Graben formation, approximately 15 km north of Ville Marie, Quebec.

The exploration program may include AI and target mapping algorithms, gas sampling, geophysical surveys, and drone-based remote sensing. Red Metal is currently formulating a detailed exploration plan. Additionally, the company has retained Aktiencheck.de AG for a European marketing awareness program, set to commence on October 23rd, 2024, for up to three months at a pre-paid cost of EUR 50,000.

Red Metal Resources (CSE: RMES) (OTC Pink: RMESF) has signed a Letter of Intent (LOI) to acquire a 100% interest in three mineral claim packages near Ville Marie, Quebec. The claims, totaling over 1,100 hectares, are contiguous to Quebec Innovative Materials Corp.'s recent hydrogen discovery of over 1,000 ppm. Located in the Timiskaming Graben formation, the claims are approximately 15 km north of Ville Marie and accessible by road.

Red Metal plans to begin initial exploration, including gas sampling from soil, underwater surveys, and geophysical surveys to detect deep structures. The company views this acquisition as an opportunity to expand its clean energy portfolio. The LOI includes a two-week due diligence period, a non-refundable deposit of $5,000 plus GST, and the issuance of 1,600,000 common shares of the company.

Red Metal Resources (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) has announced the grant of stock options to directors, officers, management company employees, and consultants. The key details are:

1,200,000 stock options granted

Exercise price: $0.12 per common share

Vesting: Immediate

Expiration: Two years from the grant date

The options for directors and officers will not be subject to a hold period, while those for management company employees will have a four-month and one-day hold period. Red Metal Resources is a mineral exploration company focused on copper-cobalt-gold assets in Chile's Candelaria iron oxide copper-gold belt.

Red Metal Resources (CSE: RMES) (OTC Pink: RMESF) has entered into a 14-month advertising and investor awareness campaign agreement with Investing News Network (INN). The campaign, starting September 3, 2024, aims to introduce Red Metal to INN's audience of educated, active investors through various methods including enhanced advertiser profiles, news marketing, and dedicated emails. The agreement costs $86,400 plus GST.

Caitlin Jeffs, President and CEO of Red Metal, expressed excitement about the partnership, highlighting INN's reputation in the investor community. The campaign will focus on communicating the value of the Carrizal project, an advanced exploration property with high-grade copper mineralization. Red Metal Resources is a mineral exploration company focused on copper-cobalt-gold assets in Chile's Candelaria iron oxide copper-gold (IOCG) belt.

Red Metal Resources (CSE: RMES) (OTC Pink: RMESF) has announced significant changes to its board and management. Gregg Jensen has resigned as director, President, CEO, and Corporate Secretary due to personal reasons, effective August 15, 2024. Caitlin Jeffs will assume these management positions starting August 16, 2024. Additionally, Brian Gusko, the current VP of Finance, will join the Board of Directors. Gusko, who has extensive board experience in the mining sector, expressed enthusiasm about the potential of the Farellon Project in Chile, which has undergone over 9,000 meters of drilling. The new Board of Directors now consists of Caitlin Jeffs, Cody McFarlane, Michael Thompson, Marian Myers, and Brian Gusko.

Red Metal Resources announces management changes, proposed consolidation, and debt restructuring. New directors and executives appointed. The company plans to consolidate its shares to enhance marketability. Debt has been restructured to be repaid over 60 months.