Metals Update 02/01/2021

Enviroleach closes $5.34-million private placement

Enviroleach Technologies Inc. has completed its previously announced non-brokered private placement. The corporation has received subscriptions for 17,825,001 units at a price of 30 cents per unit for total gross proceeds of $5,347,500. Insider participation in the placement totalled 100,000 units.

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IsoEnergy 40,026 shares for debt

The TSX Venture Exchange has accepted for filing the company’s proposal to issue 40,026 common shares to settle outstanding debt for $56,258.82 (U.S.).

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Garibaldi corrects drill results for hole 96 of E&L

Further to the Dec. 30, 2020, news release, this update amends results from Garibaldi Resources Corp.’s recently completed 2020 drill program, targeting deeper extensions of the easterly plunging E&L intrusion. Hole EL-20-96 intersected a newly discovered semi-massive sulphide zone 450 metres east of the Lower Discovery zone (LDZ) at a depth of 645 metres. The values for a single 18.5-metre intersection within hole 96 at a depth of 144 to 162.5 metres were incorrectly transposed, and the company provides the corrected description and assay table herein.

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