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TRADING ALERT: (FMR: TSX-V) Up 100% in 2 Trading Days $FMR.ca

Posted by AGORACOM-JC at 12:17 PM on Thursday, June 2nd, 2016

TRADING ALERT!!!
Up 100% in Two Trading Days

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FMR: TSX-V

LAST: $0.16 Volume: 2.5M Shares

  • Optioned Rome Lithium Project
  • Contiguous to the north and south of RB Energy’s Quebec Lithium Mine with a published measured and indicated resources (at a 0.60% Li2O cutoff) of 41,556,000 tonnes at 1.09% Li2O, and an inferred resource of (at a 0.60% Li20 cutoff) of 17,766,000 million tonnes at 1.10% Li2O
  • Also contiguous to Jourdan Resources Vallee Lithium property which intersected values of up to 1.187% Li2O over 5.50m

Read Recent Release / Watch Recent Interview

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Durango Provides Update on Nemaska Properties $DGO.ca

Posted by AGORACOM-JC at 8:11 AM on Thursday, June 2nd, 2016

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  • Announced that upon further review of historic data on the Nemaska area, the Company has further refined targets for its upcoming exploration program at its NMX East property in northern Quebec
  • Three parallel signatures were found to occur clearly on the Durango property in both the gradiometric and total field magnetic surveys.

Vancouver, BC / June 2, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango“) announces that upon further review of historic data on the Nemaska area, the Company has further refined targets for its upcoming exploration program at its NMX East property in northern Quebec.

Based on observations from gradiometric and total field magnetic surveys conducted on the area in 2011, several geophysical signatures have been found on the property which coincide with mapped pegmatites from the 2011 Tucana Lithium technical report on the Abigail property (1)(2). These geophysical signatures appear to extend eastward from Nemaska Lithium’s Whabouchi property.

Three parallel signatures were found to occur clearly on the Durango property in both the gradiometric and total field magnetic surveys. Two of these signatures were confirmed in Tucana Lithium’s 2011 report to be coincident with pegmatite outcropping at surface, while the third was not mapped (1). Furthermore, one of the signatures appears to lie directly along strike with the Whabouchi deposit.

Marcy Kiesman, CEO of Durango, comments, “There has been extensive staking in the Nemaska area over the past few months, while work programs in the area are beginning to commence. Our approach has been to compile and reinterpret all available materials prior to commencing work in an effort to make Durango’s upcoming exploration program in Nemaska as efficient as possible and to provide the best chance of discovery.”

The technical contents of this release were approved by Mr. Case Lewis, P.Geo., a Qualified Person as defined by National Instrument 43-101. The property has not yet been the subject of a National Instrument 43-101 report.

References

  1. (1)Theberge, D. (2011). NI 43-101 Technical Report Pertaining to the Abigail Property, Nemiscau Area, Northern Quebec, Canada, prepared for Tucana Lithium Corp.
  2. (2)D’Amours, I., (2011). Leve magnetique aeroporte de la partie sud-est de la Sous-province de Nemiscau et de la partie nord de la Sous-province d’Opatica, Baie-James, Quebec

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and certain lithium properties near the Whabouchi mine, the Buckshot graphite property near the Miller Mine in Quebec, the Dianna Lake silver project in northern Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel corridor.

For further information on Durango, please refer to its SEDAR profile at www.sedar.com.

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: [email protected]

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to the development, commencement and completion of future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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FEATURE: Fairmont (FMR: TSX-V) Optioned Lithium Project Adjacent to RB Energy’s Mine $FMR.ca

Posted by AGORACOM-JC at 2:59 PM on Tuesday, May 31st, 2016

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  • Rome property is located approximately 60 km north of Val d’Or Quebec.
  • Contiguous to the north and south of RB Energy’s Quebec Lithium Mine with a published measured and indicated resources (at a 0.60% Li2O cutoff) of 41,556,000 tonnes at 1.09% Li2O, and an inferred resource of (at a 0.60% Li20 cutoff) of 17,766,000 million tonnes at 1.10% Li2O
  • Also contiguous to Jourdan Resources Vallee Lithium property that drilled more than 4000m of core in 2011 and intersected more 100 pegmatite and aplite dikes.
  • Jourdan Resources intersected values of up to 1.187% Li2O over 5.50m

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Recently Announced Industrial Minerals business in Spain
 
Fully operational processing and finishing facility with 250,000 square metres of annual production capacity

 

  • Demand has been increasing in recent years and is currently strong in Europe Asia, and North America for Granite and industrial minerals.
  • FMR receiving strong interest from finance parties in Europe, U.S., and Canada to fund up to 8m euros ($12m CDN) in senior secured debt to complete the acquisition and provide the company with a large operating cash cushion.
  • Newly Optioned Lithium Project Adjacent to RB Energy’s Quebec Lithium Mine (Read Release)

GRABASA

  • Fully operational processing and finishing facility, the former assets of Granitos de Badajoz S.A.
  • 250,000 square metres of annual production capacity
  • Total acquisition cost of EUR4.275 million
  • Mine licenses and processing facility will make Fairmont one of the largest granite producers in Europe

 

Hub On AGORACOM / Corporate Profile

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Fairmont Resources acquires Grabasa in a bankruptcy fire sale. A Q&A with CEO Michael Dehn $FMR.ca

Posted by AGORACOM-JC at 5:00 PM on Monday, May 30th, 2016
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  • Recently announced it intended to acquire Grabasa, a Spanish granite producer, from a bankruptcy procedure. As this could really put the company on the map and generate cash flow that could be used to explore and develop other properties, we had a chat with CEO Michael Dehn to get some more details.

Fairmont Resources FMR Grabasa 3

Fairmont Resources (FMR.V) recently announced it intended to acquire Grabasa, a Spanish granite producer, from a bankruptcy procedure. As this could really put the company on the map and generate cash flow that could be used to explore and develop other properties, we had a chat with CEO Michael Dehn to get some more details.

  • How did you come across Grabasa?

We were originally referred to the Grabasa case through a former employee at Grabasa. As you know, geo’s like to talk rocks with each other and that’s how we learned about this opportunity and decided to investigate the potential of this company.

  • Can you elaborate on the structure of the deal?

Sure. The plan is to structure the acquisition through debt financing. We have several sources currently evaluating the deal at competitive interest rates, and it definitely is our ambition to fund 100% of the acquisition with debt. We would like to keep any potential dilution of our shares limited when we acquire this company.

Fairmont Resources FMR Grabasa 2

  • Investors can be quite wary about picking up assets from a bankruptcy procedure. Why didn’t Grabasa’s business plan work out, and why do you think you can do a better job?

Simply put, market conditions have changed. Grabasa operating for about 25 years producing as much as 250,000 square metres of granite annually. In the 5 years before declaring insolvency, they were averaging approximately 6 million euros (C$9M) in annual sales. As they began scaling up their business through debt financed plant and equipment upgrades, they were negatively impacted by the mortgage backed security crisis, declining European market demand, and tightening capital spending. They were forced to declare bankruptcy under these conditions.

It’s really not a case of us doing better, but being in a better position to put Grabasa back into operation. Labour costs in Spain have declined, the market demand is recovering, and we have a more diverse marketing strategy connected to our operations in Quebec.

By going through the Bankruptcy process, you essentially reset the business. And we are acquiring the asset at a very good price, so we are confident Grabasa will be a very profitable division of Fairmont.

  • What about the economics? What’s your plan for Grabasa’s mining licenses? Do you have any idea what kind of operating margin you could realize?

The mining licenses are intact and the operating plan is divided in different stages. Firstly, there is a considerable amount of finished and unfinished product in inventory which we can sell in the near-term. This allows us to finance the restart of the operations and re-open the major quarry. As we ramp up sales, we expect to re-open the second main quarry.

Margins will likely vary with market conditions and the range of product we are able to sell. For example, black granite sold in Asia will command a significant premium, coloured granite for commercial applications in Europe less so. Having said that, we have the expectation of realizing an average of about a 40% margin annually.

Fairmont Resources FMR Grabasa 1

  • Are you planning to pick up more licenses around the processing plant to become a dominant player?

Through this purchase, we will acquire 23 quarries. We will commission additional quarries as needed but hope to do these on a JV basis to better support the local economy by encouraging regional employment.

  • How about the environmental liabilities and reclamation costs? Will Fairmont be liable for historic mining operations?

Since this is granite – there really is no environmental issues. As with all mining, there is a reclamation cost which kicks in when mining ceases, but this will likely be several generations into the future, so that’s not really something we are worried about right now. We are looking forward to complete the transaction and to restart the granite mining operations as soon as possible.

Source: https://www.caesarsreport.com/blog/equitas-resources-has-started-a-drill-campaign-at-baldo/

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Durango Closes Purchase on Two Claim Blocks Adjacent to Nemaska Lithium’s Whabouchi $DGO.ca

Posted by AGORACOM-JC at 9:30 AM on Monday, May 30th, 2016

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  • Additional claim blocks located adjacent to Nemaska Lithium Inc’s (TSX.V-NMX) Whabouchi Property, Lac Noir and Montagne North, have been titled and the purchase for the claims has been closed.
  • Montagne North property is located to the northwest and is contiguous with Nemaska Lithium Corp.’s Whabouchi Property and the Lac Noir property is located to the southeast of Nemaska Lithium’s Whabouchi Property and is also tied on to Durango’s NMX East property

Vancouver, BC / May 30, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that further to its news release dated April 20, 2016, its additional claim blocks located adjacent to Nemaska Lithium Inc’s (TSX.V-NMX) Whabouchi Property, Lac Noir and Montagne North, have been titled and the purchase for the claims has been closed.

The Montagne North property is located to the northwest and is contiguous with Nemaska Lithium Corp.’s Whabouchi Property and the Lac Noir property is located to the southeast of Nemaska Lithium’s Whabouchi Property and is also tied on to Durango’s NMX East property. The purchase has been closed for both properties and Durango has received approval and titles from Quebec for both properties.

Both sets of claims are host to historically mapped pegmatites. The Lac Noir claims cover regionally mapped pegmatite outcrops, while the Montagne North claims cover pegmatite outcrops which were mapped by Nemaska Exploration (now Nemaska Lithium Inc.) and are outlined in the 2011 technical report produced for Tucana Lithium (3).

Nemaska Lithium Inc. has the world’s second-richest and largest proven and probable lithium deposit in the world (1). The deposit contains 27 million tonnes of proven and probable resources, with an estimated mine life span of 26 years (2). Nemaska Lithium further announced on May 24, 2016, that it had received the first $5M tranche from Ressources Quebec for the phase 1 development of its battery-grade lithium hydroxide plant.

Marcy Kiesman, CEO of Durango, comments, “Durango has been waiting anxiously to obtain title to these claim blocks. Now that these claims have been titled, a thorough exploration program can be performed to sample the historically mapped pegmatites for lithium. We have obtained quotes for work programs on the claims and are in the final stages of preparation. We expect to provide detailed updates on these plans in the near future and intend to mobilize as the weather permits.”

The technical contents of this release were approved by Mr. Case Lewis, P.Geo., a Qualified Person as defined by National Instrument 43-101. The properties have not yet been the subject of a National Instrument 43-101 report.

References

  1. (1)Nemaska Lithium Inc. news release dated March 11, 2016.
  2. (2)Nemaska Lithium Inc. news release dated April 4, 2016.
  3. (3)Theberge, D. (2011). NI 43-101 Technical Report Pertaining to the Abigail Property, Nemiscau Area, Northern Quebec, Canada, prepared for Tucana Lithium Corp.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and certain lithium properties near the Whabouchi mine, the Buckshot graphite property near the Miller Mine in Quebec, the Dianna Lake silver project in northern Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel corridor.

For further information on Durango, please refer to its SEDAR profile at www.sedar.com.

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: [email protected]

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to the development, commencement and completion of future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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AGORACOM Welcomes VGambling (GMBL:OTCQB) Preparing To Launch eSports Online Wagering Platform In 2017 $GMBL

Posted by AGORACOM-JC at 9:10 AM on Friday, May 27th, 2016

Vgabmlinglarge_copy

Online Wagering Platform for the Future of Competitive Gaming

Why VGambling Inc?

  • 51% of the world’s population take part in some form of gambling every year
  • Since 2003, the market has grown by an annual average of 23%
  • Online gambling is becoming more popular and its growth is driven by factors such as Internet penetration, new markets opening due to regulation and new player groups.
  • Online gaming used to attract mainly younger men, but these days it is becoming increasingly popular amongst women and older age groups.

Forbes Magazine states “Fans of eSports competition will wager more than $250 million on the outcome of eSports events in 2015. That amount is expected to exceed $23 billion by 2020.”


Who is VGambling Inc.?

  • Company intends to offer users from around the world the ability to wager on professional e-Sports events for real money in licensed and secure environment.
  • Makes it possible to play in multi-player video game amateur tournaments and win cash prizes.
  • Issued an Internet gambling License by the Kahnawake Gaming Commission in Canada
  • Applied for a License in Antigua and Barbuda.
  • Company intends to conduct real money interactive gaming activities on a global basis from our base in St. John’s, Antigua.
  • Bringing users from these two huge industries together by offering our users from around the world the opportunity to play, and bet on online single and multi-player, video game tournaments for real money in our secure and licensed environment.
  • Utilizing VGambling Inc.’s peer-to-peer wagering system, video game fans and enthusiasts everywhere will be able to place all manner of bets on eSports professional players’ performance. Wagering will be available on a wide range of professional eSports events from around the world.
  • Company also intends to offer the widest selection of video games of skill, designed to be compatible for all applications including mobile and in multiple languages, to be played online for real money in small groups, tournaments and major events

The Opportunity

INTERNET GAMBLING EXPENDITURE IS INCREASING GLOBALLY

Online gambling, also known as Internet gambling and iGambling, is a general term for gambling using
the Internet.

  • $40B industry with +20% annual growth
  • Sports betting estimated to be 41% of total online market.
  • Internet gambling represents +10% of global gambling market

eSports

Electronic sports (also known as eSports, e-sports,
competitive gaming, or progaming in Korea) is a term for organized multiplayer video game competitions.
Last year Riot Games’ “League of Legends” world championship had 27 million streaming views. To provide some correlation, it was more than
the average viewership of the World Series of baseball, which is the second most viewed sport in the USA. The number of professional eSports tournaments worldwide more than tripled from 430 in 2013 to 1,485 in 2014.

  • eSports organizations hosting major tournaments include the Electronic Sports League in Europe, Major League Gaming in North America, and the Korean eSports Association founded by the Korean government and affliated to the Korean Olympic Committee
  • China and Korea continue to dominate the global eSports market
  • eSports are currently being seriously considered by the IOC as an Olympic sport

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AGORACOM Welcomes (FMR: TSX-V) With Newly Optioned Lithium Project Adjacent to RB Energy’s Quebec Lithium Mine $FMR.ca

Posted by AGORACOM-JC at 1:13 PM on Thursday, May 26th, 2016

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  • Property is located approximately 60 km north of Val d’Or Quebec.
  • Contiguous to the north and south of RB Energy’s Quebec Lithium Mine with a published measured and indicated resources (at a 0.60% Li2O cutoff) of 41,556,000 tonnes at 1.09% Li2O, and an inferred resource of (at a 0.60% Li20 cutoff) of 17,766,000 million tonnes at 1.10% Li2O
  • Also contiguous to Jourdan Resources Vallee Lithium property that drilled more than 4000m of core in 2011 and intersected more 100 pegmatite and aplite dikes.
  • Jourdan Resources intersected values of up to 1.187% Li2O over 5.50m
Recently Announced Industrial Minerals business in Spain
Fully operational processing and finishing facility with 250,000 square metres of annual production capacity

  • Demand has been increasing in recent years and is currently strong in Europe, Asia, and North America for Granite and industrial minerals.

  • Modernized Granite processing facility worth millions of Euros http://www.fairmontresources.ca/gallery-gf.php
  • FMR receiving strong interest from finance parties in Europe, U.S., and Canada to fund up to 8m euros ($12m CDN) in senior secured debt to complete the acquisition and provide the company with a large operating cash cushion.

GRABASA

  • Fully operational processing and finishing facility, the former assets of Granitos de Badajoz S.A.
  • 250,000 square metres of annual production capacity
  • Total acquisition cost of EUR4.275 million
  • Mine licenses and processing facility will make Fairmont one of the largest granite producers in Europe

Hub On AGORACOM / Corporate Profile / Read Release

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CLIENT FEATURE: VirtualArmor (VAI: CSE) With Huge Annual & Quarterly Revenue Growth $VAI.ca

Posted by AGORACOM-JC at 11:19 AM on Thursday, May 26th, 2016

Hublogolarge

(VAI: CSE), (3V3: Frankfurt)

Highlights

 

  • 2015 Revenues $USD 7.36M, Up 53% Over Previous
  • Q4 2015 Revenue $USD 2.49M, Up 101% Over Previous
  • Real Customers

The Opportunity

  • 44% of security leaders expect a major cloud provider to suffer a significant security breach
  • 83% Of enterprises have difficulty finding the security skills they need
  • 3.8 Million Average cost of a data breach in 2015(Ponemon Institute May 2015)
  • #1 CIO priority in 2015 is security (Piper Jaffray CIO Survey)
  • $75 Billion Projected global spend on data security in 2015 (Gartner)
  • 75% of Of IT leaders planned to increase security budgets in 2015(Piper Jaffray CIO Survey)

Recent Interview

Stock Chart

Hub On AGORACOM / Corporate Profile

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FEATURE: Explor Resources (EXS: TSX-V) 609K oz Indicated / 470K Inferred, Teck Resources To Spend $12 MILLION To Earn 70% $EXS.ca

Posted by AGORACOM-JC at 4:32 PM on Wednesday, May 25th, 2016

Why Explor Resources?

  • Flagship Property Offers The Following:
  • NI 43-101 Resource – 609,000 oz Indicated / 470,000 Inferred
  • Teck Resources To Spend $12 MILLION To Earn 70%
  • Property Is 2.5 KM From Lake Shore Gold Mine
  • Property Is 13 KM From Downtown Timmins
  • 2nd Project 43-101 Open Pit Resource
  • 1.4 MILLION T Indicated @ 1.38% Copper
  • 2.09 MILLION T Inferred @ 1.26% Copper

ONTARIO AND NEW BRUNSWICK PROPERTIES CURRENTLY UNDER EXPLORATION

Timmins Porcupine West (TPW) (4300 ha)

  • NI 43-101 Resource: 609,000 oz Indicated
    470,000 oz Inferred Gold
  • 13 km from downtown Timmins
  • Property is 2.5 km, NE of LSG West Timmins Mine
  • Model: Hollinger McIntyre Gold System: 30,000,000 oz. Au
  • Discovery Hole 10-30 : 9.22g/tonne over 11.0 meters
  • Optioned to Teck Resources
  • Teck to spend $12,000,000 to earn 70% interest

Chester Copper & VMS Project (3500ha)

  • Mineral Target: Cu, Pb, Zn, Ag, & Au
  • 70 km SW of Bathurst NB
  • Structural Model Complete
  • 300 m wide x 2000m long mineralized Corridor identified
  • Ramp to ore zone (480 meter long (3m x 4m)
  • Optioned to Brunswick Resources (BRU)
  • Brunswick to spend $500,000 over 3 years
  • Explore to receive $40,000 and 5,000,000 shares of BRU
  • Open pit resource – NI 43-101 Resource: 1,400,000 Indicated t @ 1.38% Cu
    2,089,000 Inferred t @ 1.26 % Cu


Kidd Creek Project (2466 ha)

  • Mineral Target: Cu-Zn Ore
  • Located 1.0 km west of Kidd Creek Mine
  • Kidd Mine yielded 130M tonnes of Cu-Zn Ore since 1960
  • Numerous Geophysical max/min and IP Targets
  • Diamond Drilling winter 2015/2016

QUEBEC PROPERTIES CURRENTLY UNDER EXPLORATION

East Bay (3203 ha):

  • Mineral Target: Gold
  • Lies on Porcupine Destor Fault Zone, on strike with Beattie & Donchester mine
  • Historical channel samples by Lacana Mining in 1982 including: 0.81 oz/ton over 5ft; 0.16 oz/ton over 6 ft; 0.10 oz/ton over 10 ft
  • Wrap around Clifton Star

Nelligan (1198 ha):

  • Mineral Target: Nickel
  • Located in Val d’Or mining district of Quebec
  • Historical grab samples of 10% Ni and 0.6% Cu obtained by INCO
  • Discovered anomalous Nickel, Copper Zones

Launay (2250 ha):

  • Mineral Target: Nickel
  • Mineralized zones contained in mafic volcanic rocks
  • Contiguous to Royal Nickel’s Dumont property (NW end)

12 Month Stock Chart

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Nevada Energy Metals Announces Approval for Listing in Mergent Manual and News Reports(tm) $BFF.ca

Posted by AGORACOM-JC at 9:19 AM on Tuesday, May 24th, 2016

Bff_hub-2_copy

  • Company has been approved by Mergent’s Editorial Board and will remain “Blue-Skyed” with a new listing in Mergent Manuals and News Reports
  • Corporate profile, which includes descriptive text, data, news and financial statements, will be accessible through Mergent’s online and print products

May 24, 2016 / Vancouver, British Columbia- Nevada Energy Metals Inc. “the Company” TSX-V: BFF (OTCQB: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that the Company has been approved by Mergent’s Editorial Board and will remain “Blue-Skyed” with a new listing in Mergent Manuals and News Reports(TM). Nevada Energy Metals’ corporate profile, which includes descriptive text, data, news and financial statements, will be accessible through Mergent’s online and print products.

As part of Mergent’s listing services, the new description will be highlighted separately on www.mergent.com with an active hyperlink back to Nevada Energy Metals’ website.

The Mergent Industrial Manual and News Reports(TM) is a recognized securities manual in 39 states for purposes of Blue Sky Manual Exemption. First published in 1918, and formerly known as Moody’s(TM) Manuals and News Reports, the publication was rebranded as Mergent Manuals and News Reports when Mergent, Inc. acquired Moody’s(TM) Financial Information Services division in 1998. Nevada Energy Metals’ listing will aid in opening the company up to a much broader investment base. However, it is recommended that brokers confirm with their compliance/legal department concerning “Blue Sky” laws in specific states and other regulatory laws that might affect them.

About Mergent, Inc.

Mergent, Inc. is a leading provider of business and financial data on global publicly listed

companies. Based in the U.S, Mergent maintains a strong global presence, with offices in New York, Charlotte, San Diego, London, Tokyo, Kuching and Melbourne. Mergent operates one the longest continuously databases of descriptive and fundamental information as well as pricing and corporate action data on domestic and international companies, together with terms and conditions data on corporate and municipal bonds. Mergent subsidiaries provide services in independent equity research and administration tools for portfolio building and measurement.

About Nevada Energy Metals: http://nevadaenergymetals.com/

Nevada Energy Metals Inc. is a well-funded Canadian based exploration company whose primary listing is on the TSX Venture Exchange. The Company’s main exploration focus is directed at lithium brine targets located in the mining friendly state of Nevada. The Company has 100% ownership in 87 claims in Clayton Valley, only 250m from Rockwood Lithium, the only brine based lithium producer in North America. Nevada Energy Metals has also acquired, 100 claims (Teels Marsh West) covering 2000 acres (809 hectares) at Teels Marsh, Mineral County, Nevada, a highly prospective lithium exploration project, 100% owned without any royalties, located on the western part of a large evaporation lake where a phase one, 27 hole shallow auger exploration program has been completed and results are pending. Recently, the Company announced the addition of the San Emidio Desert lithium project, consisting of 155 claims (approximately 3,100 acres/1255 hectares) in Washoe County, Nevada. The Company’s first lithium project, Alkali Lake, in Esmeralda county, is a 60% earn in option agreement from Dajin Resources Corp, where near surface lithium has been confirmed. The Company’s most recent acquisition is 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada.

On Behalf of the Board of Directors

Rick Wilson

President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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