New Age Metals Inc. Opens FOR Business IN Newfoundland and Labrador
New Age Metals TSX-V: NAM OTCQB: NMTLF
Field Office: 59 Burtch’s Lane, Rockport, ON, Canada, K0E 1V0 [email protected]
+1.613. 659.2773 www.newagemetals.com
Page1
NEW AGE METALS INC. OPENS FOR BUSINESS IN NEWFOUNDLAND
AND LABRADOR
February 20, 2025 – New Age Metals Inc. (TSX.V: NAM | OTCQB: NMTLF | FSE: P7J) (“NAM”
or the “Company”) is pleased to announce that it has officially registered to do business in
Newfoundland and Labrador.
Over the past several months, the Company’s management team and consultants have been
actively evaluating potential acquisitions in gold, copper, uranium, antimony, and other critical
minerals. NAM currently has two green metal divisions; one focused on Platinum Group Metals
and the other on lithium. Management plans to add one or more new strategic metal projects to its
portfolio.
Following an on going, extensive due diligence process that includes reviewing multiple projects
across various jurisdictions, engaging in discussions with government officials, project owners and
exploring potential joint venture and option agreements with other companies, NAM has taken the
necessary steps to register itself in Newfoundland and Labrador. The Company has submitted all
required documentation to the Registrar of Companies for extra -provincial registration. As of
February 11, 2025, New Age Metals has been officially approved and is now registered and
authorized to conduct business in Newfoundland and Labrador.
Plans are underway to acquire several new project acquisitions in the province.
Chairman and CEO Harry Barr states, “ We believe that the Province of Newfoundland and
Labrador presents significant potential for the minerals we are targeting. The province has
demonstrated strong support for mineral exploration, and our interactions with government
officials have been both very timely and constructive. We look forward to providing the market
with updates as we advance our operations in Newfoundland and Labrador. In addition, t he
Company continues to develop its 100% owned flagship Platinum Group Metal Project (River
Valley, Sudbury), which is one of North America ’s largest undeveloped Palladium projects. The
Company’s lithium division in Manitoba is partnered with Mineral Resources, a top 5 global
lithium producer.”
About NAM
New Age Metals is a junior mineral exploration and development company focused on the
discovery, exploration, and development of green metal projects in North America. The Company
has two divisions: a Platinum Group Element division and a Lithium/Rare Element division.
New Age Metals TSX-V: NAM OTCQB: NMTLF
Field Office: 59 Burtch’s Lane, Rockport, ON, Canada, K0E 1V0 [email protected]
+1.613. 659.2773 www.newagemetals.com
Page2
The PGE Division includes the 100% owned, multi -million-ounce, district -scale River Valley
Project, one of North America’s largest undeveloped Platinum Group Element Projects, situated
100 km by road east of Sudbury, Ontario. In addition to River Valley, N AM owns 100% of the
Genesis PGE-Cu-Ni Project in Alaska.
The Company’s Lithium Division is one of the largest mineral claim holders in the Winnipeg River
Pegmatite Field, where the Company is exploring for hard rock lithium and various rare elements
such as tantalum, rubidium, and cesium. NAM is developing its lithium division i n conjunction
with its Farm -in/Joint Venture agreement with Mineral Resources Ltd. (“MinRes”) one of the
worlds largest lithium producers. A budget for May 202 5 to April 202 6 will be submitted to
Mineral Resources Ltd (MRL, ASX: MIN) for approval. On June 17th, 2024, NAM announced the
participation in the University of Manitoba’s sustainable mineral exploration grant for $1.5
million, which will be shared equally with Grid Metals. The University of Manitoba researchers
are poised to unlock more sustainable ways to extract mineral resou rces, thanks to a $1.5 million
grant from the Natural Sciences and Engineering Research Council (NSERC). By harnessing the
collective expertise of academia, industry, and government, we can address the complex
challenges facing the critical minerals industry and create sustainable solutions for the future.
Management is currently aggressively seeking new mineral acquisition opportunities on an
international scale. Our philosophy is to be a project generator with the objective of optioning
our projects with major and junior mining companies through to production
The Company is actively seeking an option/joint venture partner for our and its road -
accessible Genesis PGE-Cu-Ni Project in Alaska.
Investors are invited to visit the New Age Metals website at www.newagemetals.com where they
can review the company and its corporate activities. Any questions or comments can be directed
to [email protected] or Harry Barr at [email protected] or Farid Mammadov at
[email protected] or call 613 659 2773.
Opt-in List
If you have not done so already, we encourage you to sign up on our website
(www.newagemetals.com) to receive our updated news.
On behalf of the Board of Directors
“Harry Barr”
New Age Metals TSX-V: NAM OTCQB: NMTLF
Field Office: 59 Burtch’s Lane, Rockport, ON, Canada, K0E 1V0 [email protected]
+1.613. 659.2773 www.newagemetals.com
Page3
Harry G. Barr
Chairman and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release. Cautionary Note Regarding Forward Looking State ments: This release contains
forward-looking statements that involve risks and uncertainties. These statements may differ
materially from actual future events or results and are based on current expectations or beliefs.
For this purpose, statements of historical fact may be deemed to be forward-looking statements.
In addition, forward -looking statements include statements in which the Company uses words
such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”,
“plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar
expressions. These statements by their nature involve risks and uncertainties, and actual results
may differ materially depending on a variety of important factors, i ncluding, among others, the
Company’s ability and continuation of efforts to timely and completely make available adequate
current public information, additional or different regulatory and legal requirements and
restrictions that may be imposed, and other factors as may be discussed in the documents filed
by the Company on SEDAR (www.sedar.com), including the most recent reports that identify
important risk factors that could cause actual results to differ from those contained in the
forward-looking statem ents. The Company does not undertake any obligation to review or
confirm analysts’ expectations or estimates or to release publicly any revisions to any forward -
looking statements to reflect events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events. Investors should not place undue reliance on forward-looking
statements.