Share Transfer Agreement and Consolidation
{00042691:2}
Molten Metals Agrees to Sell Slovakian Assets
and Proposes Share Consolidation
Vancouver, B.C., April 30, 2024 – MOLTEN METALS CORP. (the “Company”) (CSE:
MOLT; FSE: Y44) announces that it has entered into an agreement (the “Agreement”) to sell its
Slovakian mining assets to an arm’s length private company in consideration for $85,000 and a
royalty of one percent on production revenue. The agreement provides that the Company will have
the right to sell the royalty to the purchaser after one year and prior to three years from the date of
the Agreement for $162,800, and thereafter the purchaser will have the right to acquire the royalty
for $285,000 prior to production. The Company is continuing to focus on its West Gore property
located in Nova Scotia, Canada, and is seeking other opportunities.
The Company further announces a proposed share consolidation in the range of ten (10) existing shares
to fifty (50) existing shares for each consolidated share, subject to obtaining any necessary shareholder
approval. Further details will be announced in subsequent news releases in the coming weeks.
About Molten Metals Corp
Molten Metals is developing Antimony & Antimony -Gold mine projects. Antimony is a critical
element with many industrial applications, including ammunition and fire retardants. The upcoming
potential new usage is in the mass-storage devices i.e. molten-salt batteries. 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 778.918.2261.
For Additional Information Please Contact
Brooklyn Reed
Corporate Secretary
Molten Metals Corp.
778.918.2261
Email: [email protected]
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.