Voltage Metals Corp. Announces Completion of Option Agreement with Plethora Green Energy
Voltage Metals Corp. (CSE: VOLT) has announced that Plethora Green Energy Corp. has fully exercised its option to acquire a 100% interest in mineral claims located in St. Laurent Township, Ontario. The option agreement, originally dated October 16, 2023, was completed with Plethora making an accelerated payment of $450,000 to Voltage. The property transfer was executed on May 12, 2025. Notably, Voltage retains a 1.5% net smelter return royalty on the property, which remains unchanged by this transaction.
Voltage Metals Corp. (CSE: VOLT) ha annunciato che Plethora Green Energy Corp. ha esercitato completamente l'opzione per acquisire un interesse del 100% nelle concessioni minerarie situate nella Contea di St. Laurent, Ontario. L'accordo di opzione, originariamente datato 16 ottobre 2023, è stato completato con Plethora che ha effettuato un pagamento accelerato di 450.000 $ a Voltage. Il trasferimento della proprietà è stato eseguito il 12 maggio 2025. È importante sottolineare che Voltage mantiene una royalty del 1,5% sul ricavo netto della fusione sulla proprietà, che rimane invariata a seguito di questa transazione.
Voltage Metals Corp. (CSE: VOLT) ha anunciado que Plethora Green Energy Corp. ha ejercido completamente su opción para adquirir un interés del 100% en reclamaciones minerales ubicadas en el municipio de St. Laurent, Ontario. El acuerdo de opción, fechado originalmente el 16 de octubre de 2023, se completó con Plethora realizando un pago acelerado de 450,000 $ a Voltage. La transferencia de la propiedad se ejecutó el 12 de mayo de 2025. Cabe destacar que Voltage conserva un derecho de regalías del 1.5% sobre el retorno neto de fundición de la propiedad, que permanece sin cambios tras esta transacción.
Voltage Metals Corp. (CSE: VOLT)는 Plethora Green Energy Corp.가 온타리오주 세인트 로렌스 타운십에 위치한 광물 권리의 100% 지분을 인수할 수 있는 옵션을 전면 행사했다고 발표했습니다. 2023년 10월 16일에 체결된 옵션 계약은 Plethora가 Voltage에 450,000달러의 조기 지급을 하면서 완료되었습니다. 자산 이전은 2025년 5월 12일에 실행되었습니다. 특히, Voltage는 이 거래로 변경되지 않는 1.5% 순 제련 수익 로열티를 해당 자산에 대해 보유하고 있습니다.
Voltage Metals Corp. (CSE : VOLT) a annoncé que Plethora Green Energy Corp. a pleinement exercé son option d'acquérir un intérêt de 100 % dans des concessions minières situées dans le canton de St. Laurent, en Ontario. L'accord d'option, initialement daté du 16 octobre 2023, a été finalisé avec Plethora effectuant un paiement accéléré de 450 000 $ à Voltage. Le transfert de propriété a été exécuté le 12 mai 2025. Il est à noter que Voltage conserve une redevance nette de 1,5 % sur le produit de la fusion sur la propriété, qui reste inchangée suite à cette transaction.
Voltage Metals Corp. (CSE: VOLT) hat bekannt gegeben, dass Plethora Green Energy Corp. seine Option vollständig ausgeübt hat, um eine 100%ige Beteiligung an Mineralansprüchen im St. Laurent Township, Ontario, zu erwerben. Der Optionsvertrag, ursprünglich datiert auf den 16. Oktober 2023, wurde abgeschlossen, indem Plethora eine beschleunigte Zahlung von 450.000 $ an Voltage leistete. Die Übertragung des Eigentums erfolgte am 12. Mai 2025. Bemerkenswert ist, dass Voltage eine Nettoschmelzrückvergütungsgebühr von 1,5 % auf das Grundstück behält, die durch diese Transaktion unverändert bleibt.
- Received $450,000 in accelerated payment for the property
- Maintains 1.5% net smelter return royalty on the property
- Loss of 100% ownership interest in St. Laurent Township mineral claims
Toronto, Ontario--(Newsfile Corp. - May 27, 2025) - Voltage Metals Corp. (CSE: VOLT) ("Voltage" or the "Company") is pleased to announce that, further to its press release of October 19, 2023, Plethora Green Energy Corp. (the "Optionee") fully exercised its option (the "Option") granted by the Company pursuant to an option agreement dated October 16, 2023, between the Company and the Optionee (the "Option Agreement"), acquiring a
About Voltage
Voltage is a critical metals exploration and development company focused on Canadian projects near existing or past-producing mines.
Forward-Looking Statements
This press release contains forward-looking statements and forward-looking information within the meaning of applicable Canadian and U.S. securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. The forward-looking statements and information are based on certain key expectations and assumptions made by management. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information. There can be no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward- looking information for anything other than its intended purpose. Management of the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
For more information contact: Jay Freeman, Chairman and Director, Voltage Metals Corp., email: jfreeman@voltagemetals.com or via telephone at: (416) 457-1611.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253609
FAQ
What did Voltage Metals (VLTMF) receive for their St. Laurent Township property in May 2025?
Who acquired Voltage Metals' St. Laurent Township mineral claims?
When was the property transfer completed between Voltage Metals and Plethora Green Energy?
What royalty does Voltage Metals retain on the St. Laurent Township property?
