D2 Lithium Corp. Reports Share Sale
Suite 202, 8661 – 201 Street Telephone: (604) 681-6151
Langley, BC V2Y 0G9 CANADA Email : [email protected]
D2 Lithium Corp. Reports Share Sale
Langley, BC. September 30, 2024 - D2 Lithium Corp. (“D2”) (TSX-V: DWTO) (OTCQB:
DTWOF) reports that it entered into an agreement on September 27, 2024 (the
“Agreement”) for the sale of all of its shares of Dajin Resources S.A. (the “Transaction”)
to an affiliate of Litica Resources S.A. (“Litica”). The transaction has closed and Litica is
now the sole shareholder of Dajin Resources S.A. (“Dajin”). D2 has no further
shareholdings or other interest in Dajin. The consideration received by D2 for the
Transaction was a cash payment of USD $2,250,000 from an affiliate of Litica.
D2 holds certain lithium mineral exploration properties in the USA. As of May 31, 2024,
D2’s investment in Dajin as reported on its interim consolidated financial statements
was $32,903. The consideration from the Transaction will be used to strengthen the
D2’s balance sheet and allow D2 to focus on advancing its core mineral properties in
Nevada and fund litigation against former officers to recover unauthorized benefits
and payments they received (see news releases of March 31, 2023 and July 2, 2024 for
additional details) and inappropriate expenditures they made and for general
operating expenses.
For further information please contact:
Brian Findlay
President - D2 Lithium Corp.
Telephone: (604) 681-6151
Email: [email protected]
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
Certain statements contained in this release constitute forward-looking information within the meaning of applicable
Canadian securities laws. Such forward -looking statements relate to: the strengthening of the Company’s balance
sheet and its focus on advancing its core mineral properties.
In certain cases, forward -looking information can be identified by the use of words such as "plans", "expects",
"budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words
and phrases or state that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved"
suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements
about future events or performance. Forward-looking information contained in this news release is based on certain
factors and assumptions regarding, among other things, the Company can raise additional financing to continue
operations; the results of exploration activities, commodity prices, the timi ng and amount of future exploration and
development expenditures, the availability of labour and materials, receipt of and compliance with necessary
regulatory approvals and permits, the estimation of insurance coverage, and assumptions with respect to cur rency
fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers
these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to be materially different from any future results,
performance or achievements exp ressed or implied by the forward -looking information. Such factors include risks
inherent in the exploration and development of mineral deposits, including risks relating to the ability to access
infrastructure, risks relating to the failure to access fina ncing, risks relating to changes in commodity prices, risk
related to unanticipated geological or structural formations and characteristics risks related to current global financial
conditions, risks related to current global financial conditions and the i mpact of any resurgence of COVID -19 on the
Company’s business, reliance on key personnel, operational risks inherent in the conduct of exploration and
development activities, including the risk of accidents, labour disputes and cave-ins, regulatory risks including the risk
that permits may not be obtained in a timely fashion or at all, financing, capitalization and liquidity risks, risks related
to disputes concerning property titles and interests, environmental risks and the additional risks identified in the
Company’s reports and filings with applicable Canadian securities regulators.
Although the Company has attempted to identify important factors that could cause actual actions, events or results
to differ materially from those described in forward -looking information, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue
reliance on forward-looking information. The forward-looking information is made as of the date of this news release.
Except as required by applicable securities la ws, the Company does not undertake any obligation to publicly update
or revise any forward-looking information.