Great Northern Energy Metals Announces Engagement of Red Cloud Securities
February 24, 2025
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Great Northern Energy Metals Announces Engagement of Red Cloud Securities
Vancouver, British Columbia – Great Northern Energy Metals Inc. (CSE: GNEM) (the “Company”) is pleased
to announce that it has entered into a letter agreement (the “ Letter Agreement ”) with Red Cloud
Securities Inc. (“Red Cloud”) pursuant to which Red Cloud will assi st with providing market stability and
liquidity for the common shares in the capital of the Company (“Shares”). The Letter Agreement continues
in effect unless terminated by either party upon proving the other party with no less than thirty (30) days’
notice. As consideration for the provision its services, the Company will pay Red Cloud a cash fee of $5,000
per month.
Red Cloud is at arm’s length from the Company and does not have any interest, directly or indirectly, in
the Company, its Shares, or any securities converti ble into Shares, and Red Cloud has no intention to
acquire such an interest.
About Great Northern Energy Metals Inc.
The Company is engaged in the acquisition and explorat ion of high leverage energy metal properties in
proven North American jurisdictions. The Company utilizes the latest in innovative exploration and milling
technology to enhance and support its efforts to become a low cost, reliable, community focused,
provider of critical metals to help fuel the future of power generation.
The Company is currently in the process of exploring the Kenora Property which is comprised of 194 non-
contiguous mining cell claims located in the Thunder Bay Mining Division. The Company holds an option
to acquire a 60% interest in the Kenora Property.
On Behalf of the Board of Directors
David Mitchell
Chief Executive Officer and Director
Phone: 416-574-4818
Email: [email protected]
This news release includes certain statements that may be deemed “forward-looking statements”. All
statements in this new release, other than statem ents of historical facts, that address events or
developments that the Company expects to occur, are forward-looking statements. Forward-looking
statements are statements that are not historical facts and are generally, but not always, identified by the
words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and
similar expressions, or that even ts or conditions “will”, “would”, “may”, “could” or “should” occur.
Although the Company believes the expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of future performance and actual results
may differ materially from those in the forward-look ing statements. Factors that could cause the actual
results to differ materially from those in forward- looking statements include market prices, continued
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availability of capital and financing, and general ec onomic, market or business conditions. Investors are
cautioned that any such statements are not guarante es of future performance and actual results or
developments may differ materially from those proj ected in the forward-looking statements. Forward-
looking statements are based on the beliefs, estimates and opinions of the Company’s management on
the date the statements are made. Except as requ ired by applicable securities laws, the Company
undertakes no obligation to update these forward-l ooking statements in the event that management's
beliefs, estimates or opinions, or other factors, should change.