EEE Exploration Corp. Purchases Interest in Mineral Claims for Golden Moon Property
EEE EXPLORATION CORP. PURCHASES INTEREST
IN MINERAL CLAIMS FOR GOLDEN MOON PROPERTY
Vancouver, B.C. – January 7, 2022 – EEE EXPLORATION CORP. (“EEE” or the “ Company”)
(CSE:EEE) is pleased to announce that it has acquired a 20% interest in seven mineral claims (the
“Purchased Claims”) that comprise part of the Golden Moon Property . The Company has the option to
acquire an additional 60% interest in the Purchased Claims and an 80% interest in three additional claims
comprising the Property pursuant to a property option agreement dated as of August 31, 2020 (see the
Company’s news release dated August 31, 2020, for further details).
The Company acquired the 20% interest in the Purchased Claims pursuant to a claims purchase agreement
(the “Purchase Agreement”) dated as of January 7, 2022 between the Company and the two prospectors
who collectively h eld the interest in the Purchased Claims. As consideration, the Company paid the
prospectors an aggregate purchase price of $10,000. In addition, the Company granted the prospectors,
collectively, a 1.0% net smelter returns royalty (the “NSR”) on the Purchased Claims. The Company has
the right to repurchase the NSR from the prospectors at any time for $500,000.
About the Company
The Company is a a gold exploration stage company engaged in the exploration and development of assets
in Northern Québec and Ontario, Canada. For further information, please refer to the Company's disclosure
record on SEDAR (www.sedar.com) or contact the Company by email at [email protected] or by
telephone at 604.307.8290.
On Behalf of the Board of Directors
Chris Cooper
Chief Executive Officer
604.307.8290
Forward-Looking Information
Certain statements in this news release are forward -looking statements, including with respect to future
plans, and other matters. Forward-looking statements consist of statements that are not purely historical,
including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such
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“estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations.
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prove to be incorrect. Events or circumstances may cause actual results to differ materially from those
predicted, as a result of num erous known and unknown risks, uncertainties, and other factors, many of
which are beyond the control of the Company, including but not limited to, business, economic and capital
market conditions, the ability to manage operating expenses, and dependence o n key personnel. Such
statements and information are based on numerous assumptions regarding present and future business
strategies and the environment in which the Company will operate in the future, anticipated costs, and the
ability to achieve goals. Fa ctors that could cause the actual results to differ materially from those in
forward-looking statements include, the continued availability of capital and financing, litigation, failure
of counterparties to perform their contractual obligations, loss of ke y employees and consultants, and
general economic, market or business conditions. Forward -looking statements contained in this news
release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue
reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release.
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revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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