Bedford Metals Applies FOR Exploration Permit FOR Ubiquity Lake Uranium Project
NEWS RELEASE
BEDFORD METALS APPLIES FOR EXPLORATION PERMIT FOR UBIQUITY LAKE URANIUM PROJECT
June 4th, 2024—Bedford Metals Corp. (TSX-V: BFM) (the “Company” or “Bedford”) announce that it has
applied for the exploration permit for its upcoming summer exploration program at the Ubiquity Lake
Uranium Project, located in the prolific Athabasca region of Canada – renowned for hosting some of the
highest-grade uranium mines in the world.
The summer exploration program represents a significant step forward in the advancement of the
Ubiquity Lake Uranium Project. Extensive planning and preparation have gone into designing this
program, intending to maximize the potential of this highly prospective property.
The timing of the exploration program is particularly opportune, given the recent increase in the price of
uranium over the past year and the global shift toward cleaner and greener energy sources. Bedford
Metals recognizes the importance of uranium in meeting the growing demand for clean energy, and the
Ubiquity Lake project is poised to play a vital role in this transition.
Peter Born, President of Bedford, commented, "We are pleased to take this next step in the development
of our Ubiquity Lake Uranium Project. The application for the exploration permit represents the
culmination of careful planning and diligent work by our team. We believe that the timing of this
exploration program aligns perfectly with the increasing demand for uranium and the world's focus on
sustainable energy solutions."
Bedford is committed to conducting environmentally sound exploration practices and to respectfully and
collaboratively engaging with local communities and indigenous groups. Environmental stewardship is a
core value of the Company, and it will continue to prioritize responsible resource development
throughout all stages of its projects.
The Company remains focused on increasing shareholder value through strategic exploration and
development initiatives. The Ubiquity Lake Uranium Project represents a significant opportunity for
Bedford to deliver value to its shareholders and contribute to the global transition toward a cleaner, more
sustainable energy future.
The Company also wished to announce it had formally engaged Jemini1 Finance Inc. d/b/a Jemini Capital
to act as the investor relations representative for the Company and to manage shareholder
communication effective June 1, 2024. The Company wishes to thank the team at Jemini Capital for all of
their support during the engagement process. Jemini Capital has been engaged on an ongoing basis for a
minimum period of three months, during which time they are entitled to receive $5,000 per month. The
Company is at arms-length from Jemini Capital, and compensation to Jemini Capital does not include any
securities of the Company.
About Bedford Metals Corp.
Bedford Metals Corp. is a mineral exploration company. We create value for our shareholders by
identifying and developing highly prospective mineral exploration opportunities. Our strategy is to
advance our projects from discovery to production.
Ubiquity Lake Uranium Project, covering 1382 hectares, lies just south of the bottom lip of the Athabasca
Basin, adjacent to ALX Uranium’s Carpenter Lake Project to the east. Situated near the Cable Bay Shear
Zone, parallel to the Virgin River Shear Zone, which hosts Cameco’s Centennial uranium deposit, the
project holds immense potential. Furthermore, it is located 100 km west of Cameco’s past-producing Key
Lake uranium mine, underscoring the strategic significance of its location.
For further information, please contact the Company at [email protected] or 604-622-1199 or
visit the Company’s website at www.bedfordmetals.com.
On behalf of the Board,
Bedford Metals Corp.
“Peter Born”
President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other
than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations
expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ materially from those in forward-looking statements. There
can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation
of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the
applicable laws.
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