Voyageur Mineral Explorers Corp. Options Mink Narrows Project
301-141 Adelaide Street West, Toronto, ON M5H 3L5
Voyageur Mineral Explorers Corp. Options Mink Narrows Project
Toronto, ON, April 5, 2024 – Voyageur Mineral Explorers Corp. ("Voyageur" or the " Company") (CSE: VOY) is
pleased to announce that is has entered into an option agreement (the “Option”) with African Energy Metals Inc .
(“AEM”), whereby AEM may acquire a 100% interest in the Company’s Mink Narrows project, located 2 5km
southeast of Flin Flon, Manitoba. Pursuant to the Option, AEM may acquire the 100% interest by fulfilling the
following conditions over a period of four years:
• Annual cash payments totaling $ 55,000 over the five years, including $10,000 upon TSX Venture
Exchange approval of the Option;
• Issuing the greater of 1, 800,000 common shares of AEM or $300,000 worth of common shares of AEM
over four years, including 200,000 common shares upon TSX Venture Exchange approval of the Option ;
• Completing exploration expenditures aggregating $1,000,000, including $300,000 in year one; and
• Granting Voyageur a 2% net smelter return (“NSR”) royalty upon the exercise of the Option.
“We are pleased to enter into this option for the Mink Narrows project with African Energy Metals ,” commented
Fraser Laschinger, President and CEO of the Company. “We wish them success and look forward to following the
advancement of the project, which is highly prospective for a number of critical minerals.”
Immediately prior to entering the Option with AEM, Voyageur and Laser Gold Resources Inc. entered into a
termination agreement, whereby both parties mutually agreed to terminate the previous option agreement on the
Mink Narrows project.
ABOUT VOYAGEUR MINERAL EXPLORERS CORP.
Voyageur is a Canadian junior mineral exploration company with a specific focus on mineral properties in
Northwest Manitoba and Northeast Saskatchewan, Canada. The Company owns a valuable package of royalties
in the prolific Flin Flon greenstone belt, and has assembled a portfolio of base metal and precious metal prospects
in Manitoba and Saskatchewan.
For further information please contact:
Fraser Laschinger
President and CEO
Voyageur Mineral Explorers Corp.
Tel: (416) 628-5910
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING INFORMATION
This news release contains “forward -looking information” within the meaning of applicable Canadian securities
legislation. Forward -looking information includes, but is not limited to, information with respect to the Option.
Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”,
“expects”, or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”,
“anticipates”, or “does not a nticipate”, or “believes” or variations of such words and phrases or state that certain
actions, events or results “may”, “could”, “would”, “might”, or “will be taken”, “occur”, or “be achieved”. Forward -
looking information is based on the opinions and est imates of management at the date the information is made,
and is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or achievements o f Voyageur to be
materially different from those expressed or implied by such forward-looking information, including risks associated
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with the exploration, development and mining such as economic factors as they effect exploration, future
commodity prices, changes in foreign exchange and interest rates, actual results of current production,
development and exploration activities, government regulation, political or economic developments, environmental
risks, permitting timelines, capital expenditures, operating or technical difficulties in connection with development
activities, employee relations, the speculative nature of mineral explor ation and development, including the risks
of diminishing quantities of grades of resources, contests over title to properties, and changes in project
parameters as plans continue to be refined as well as those risk factors discussed in Voyageur’s public disclosure
documents which are available on SEDAR at www.sedar.com. Although Voyageur has attempted to identify
important factors that could cause actual results to differ materially from those contained in forward -looking
information, there may be other fa ctors that cause results not to be as anticipated, estimated or intended. There
can be no assurance that such information will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such information. Acc ordingly, readers should not place undue reliance
on forward -looking information. The Company does not undertake to update any forward -looking information,
except in accordance with applicable securities laws.