Monterey will acquire an 85% interest in seven prospecting licenses (the 'Estate Uranium Properties') totalling 93,514 hectares located in the
'We are excited to complete due diligence and move this proposed transaction forward given the proximity to a number of well-known uranium projects in the world's 4th ranked uranium producing country. As is custom in
As outlined in the LOI, Monterey will pay
About
The Company owns the
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
Contact:
Email: info@montereyminerals.com
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