Live Energy Minerals Corp. reports developments tied to clean energy mineral exploration and project interests in North America. The company has described applications and claims for uranium, vanadium and molybdenum projects in the Colorado Plateau, a retained interest in the McDermitt East lithium project in Nevada, and mineral-claim option activity in Saskatchewan.
Recurring news for GTREF includes mineral-property agreements, amendments to exploration and option structures, project staking activity, stock option grants, debt settlements, share issuances and related governance disclosures. Company updates also reference its wholly owned subsidiary, Lithium Valley Holdings Corp., in connection with mineral-property activity.
Live Energy Minerals (GTREF) entered an option agreement to acquire a 100% interest in the Plaster Rock Property in New Brunswick. The October 15, 2026 agreement covers two mineral claims comprising 73 units. Exercising the option requires 4,000,000 common shares issued in three tranches tied to the Approval Date and its first two anniversaries. The first tranche has a deemed price of $0.20 per share; later tranches use the closing price before issuance, subject to CSE pricing policies.
There are no cash option payments or minimum exploration expenditures. The company must maintain the claims and may terminate on written notice. On exercise, the optionor retains a 2% net smelter returns royalty; half can be purchased for $500,000. Historical uranium and copper samples are unverified, selective and should not be relied upon. To the company's knowledge, the property has never been drilled.
Live Energy Minerals (OTC Pink: GTREF) and subsidiary Lithium Valley Holdings agreed an Amendment dated October 3, 2025 with US Critical Metals (and US Energy Metals) to restructure the McDermitt East Lithium Project deal into a direct 100% acquisition path.
Key terms: Payment I — C$25,000 cash + 1,283,000 USCM shares within 10 business days; Payment II — C$25,000 cash within 6 months + C$500,000 (cash, shares, or combination) within 24 months. LIVE/LVH retain a 2% NSR royalty with USCM able to repurchase 1% NSR for C$1,000,000. LIVE also received 167,000 USCM shares on October 6, 2025 at a deemed $0.30/share for a six-month extension of exploration payments.
Live Energy Minerals (OTC Pink: GTREF; CSE: LIVE) announced a stock option grant on October 14, 2025.
The company granted an aggregate of 1,800,000 stock options to directors and consultants, exercisable at $0.11 per share for a period of five years from the grant date. The options vest immediately and issued securities are subject to a statutory hold period of four months and one day. The grant was made under the company's stock option plan approved by shareholders on May 9, 2024.
Live Energy Minerals (OTC:GTREF) has completed the closing of an option agreement announced on April 10, 2025. The deal involves the issuance of 5.5 million common shares to acquire a 100% interest in two mineral claims spanning approximately 5,355 hectares in Saskatchewan.
The agreement requires an additional $50,000 cash payment within three years. The purchaser also has the option to buy a 3% net smelter return royalty by issuing another 5.5 million shares to the royalty holder. The consideration shares are subject to a four-month hold period under Canadian Securities Laws.
Live Energy Minerals Corp (CSE: LIVE) (OTC Pink: GTREF) has entered into an option agreement dated April 9, 2025, granting an arm's length purchaser the exclusive option to acquire a 100% undivided interest in two mineral claims in Saskatchewan. The claims cover approximately 5,355 hectares.
To exercise the option, the purchaser must:
- Issue 5,500,000 common shares within 5 days of TSXV approval
- Pay $50,000 in cash within 3 years of the agreement's effective date
Additionally, the purchaser has been granted the right to purchase a 3% net smelter return royalty by issuing 5,500,000 shares to the royalty holder, subject to TSXV acceptance. No finder's fees were paid on this transaction.
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