Trench Metals Completes Acquisition of Carter Lake Uranium Project
NEWS RELEASE
TRENCH METALS COMPLETES ACQUISITION
OF CARTER LAKE URANIUM PROJECT
Vancouver, Canada – September 14th, 2023- Trench Metals Corp . (the “Company”) (TSXV:
TMC, FWB: 33H2 announces that it has completed the acquisition (the “Acquisition”) of Carter
Lake Resource Corp. (“CLR Corp”). CLR Corp is the owner of the Carter Lake Uranium Project,
situated in the prominent Athabasca Basin of Saskatchewan, Canada.
The Acquisition was completed pursuant to a share purchase agreement entered into with the sole
shareholder of CLR Corp (the “Vendor”). In consideration for the Acquisition, the Company has
issued 2,600,000 common shares to the Vendor. The Company is at arms-length from the Vendor
and CLR Corp. No finders’ fees or commissions were paid by the Company in connection with the
Acquisition.
About Trench Metals Corp
Trench Metals Corp. is a mineral exploration company with a focus on uranium. We create value
for our shareholders by engaging in promising mineral exploration opportunities. Our main goal is
the advancement of various projects from discovery all the way to production. This vertically
integrated strategy allows Trench Metals to achieve exceptional shareholder value through the
entire life-cycle of the mining process.
For further information, contact the Company [email protected] or 604.558.4300, or visit
the Company’s website atwww.trenchmetals.com.
On behalf of the Board,
Trench Metals Corp.
Simon Cheng, President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release. This news release may contain certain “Forward-Looking Statements” within the meaning
of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian
securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”,
“expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify
forward-looking statements or information. Such statements represent the Company’s current
views with respect to future events and are necessarily based upon a number of assumptions and
estimates that, while considered reasonable by the Company, are inherently subject to significant
business, economic, competitive, political and social risks, contingencies and uncertainties. Many
factors, both known and unknown, could cause results, performance, or achievements to be
materially different from the results, performance or achievements that are or may be expressed or
implied by such forward-looking statements. The Company does not intend, and does not assume
any obligation, to update these forward-looking statements or information to reflect changes in
assumptions or changes in circumstances or any other events affecting such statements and
information other than as required by applicable laws, rules and regulations.