Spey Resources Corp. Announces Private Placement of Units
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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES
Spey Resources Corp. Announces Private Placement of Units
Vancouver, B.C. – October 14, 2024 ‐ Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS)
(the “Company”) is pleased to announce a non-brokered private placement offering of up to 6,000,000
units (the “Units”) at a price of $0 .05 per Unit for aggregate gross proceeds of up to $ 300,000 (the
“Offering”).
Each Unit will be comprised of one common share and one -half of one transferrable common share
purchase warrant (each whole warrant, a “ Warrant”). Each Warrant entitles the holder to acquire an
additional common share at a price of $0.06 per common share for a period of five years from the closing
of the Offering.
The Company may pay finder’s fees to eligible finders in connection with the Offering.
The proceeds raised from the Offering are expected to be used for working capital and general corporate
purposes. All securities to be issued under the Offering will be subject to a four month hold period in
accordance with applicable Canadian securities laws.
About Spey Resources Corp.
Spey Resources Corp. is a Canadian lithium focused mineral exploration company which has an 80%
interest in the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina.
Spey also holds a 100% interest in the Kaslo Silver project, west of Kaslo, British Columbia.
FOR FURTHER INFORMATION CONTACT:
Nader Vatanchi
CEO, Director
p: 778-881-4631
Neither the Canadian Securities Exchange nor its Market Regulator (as the term is defined in the policies
of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news
release.
Certain information contained herein constitutes “forward -looking information” under Canadian
securities legislation. Forward -looking information includes, but is not limited to: the Company
completing the Offering; the size of the Offering, and the intended use of funds. Generally, forward-
looking information can be identified by the use of forward-looking terminology such as “anticipates”,
“anticipated” “expected” “intends” “will” or variations of such words and phrases or statements that
certain actions, events or results “will” occur. Forward -looking statements are based on the opinions
and estimates of management as of the date such statements are made and they are from those expressed
or implied by such forward -looking statements or forward -looking information subject to known and
unknown risks, uncertainties and other factors that may cause the actual results to be materially different,
including receipt of all necessary regulatory approvals. Although management of the Company have
attempted to identify important factors that could cause actual results to differ materially from those
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contained in forward-looking statements or forward-looking information, there may be other factors that
cause results not to be as anticipated, estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual resul ts and future events could differ materially from
those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-
looking statements and forward-looking information. The Company will not update any forward-looking
statements or forward-looking information that are incorporated by reference herein, except as required
by applicable securities laws.