Phenom Submits U.S. Federal Grant Application
Phenom Submits U.S. Federal Grant Application
December 14, 2023 - Vancouver, British Columbia – Phenom Resources Corp. (TSX-V: PHNM) (OTCQX®:
PHNMF) (FSE: 1PY0) (“Phenom” or the “Company”) is pleased to announce that is has successfully submitted
a U.S. Federal grant application to the Department of Energy (DOE) and its Office of Fossil Energy and Carbon
Management (FECM) addressing priorities in the Bipartisan Infrastructure Law (BIL) regarding Critical Material
Innovation, Efficiency, and Alternatives . DOE’s FECM intends to fund high impact applied RD&D bench and
pilot scale projects with this funding opportunity . The Company’s application is directed to support
prefeasibility level metallurgical studies for the Carlin Vanadium Project. DOE’s expected date for selection
notifications is May 2024.
The Company also reports that it will prepare a larger funding opportunity application for the Carlin Vanadium
Project, as part of the second round of funding of approximately $3.5 billion to be made available for battery
materials processing and battery manufacturing grants . DOE’s Office of Manufacturing and Energy Supply
Chains (MESC) is releasing this Funding Opportunity Announcement (FOA) entitled “Bipartisan Infrastructure
Law (BIL) Battery Materials Processing and Battery Manufacturing Grants." The mission of MESC is to
strengthen and secure manufacturing and energy supply chains needed to modernize the nation’s energy
infrastructure and support a clean and equitable energy transition. Concept Paper Submission Deadline is
January 9, 2024, Full Application Submission Deadline is March 19, 2024, and Expected Date for DOE Selection
Notifications is August 2024.
About Phenom Resources Corp.
Phenom has 100% interest in the Carlin Gold-Vanadium Project, located in Elko County , 6 miles south from
the town of Carlin, Nevada and Highway I-80 which hosts the Carlin Vanadium deposit, North America’s largest
highest grade primary vanadium resource. The Project lies in the Carlin Gold Trend. Approximately 9 million
ounces comprised of multiple gold deposits, including past producing mines, are present near the Phenom
property (5-15km).
ON BEHALF OF PHENOM RESOURCES CORP.
per: "Paul Cowley"
CEO & President
(604) 340-7711
[email protected] www.phenomresources.com
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.
Forward-looking information
Certain statements in this news release constitute "forward -looking" statements. These statements relate to future events or the
Company's future performance . All such statements involve substantial known and unknown risks, uncertainties and other factors
which may cause the actual results to vary from those expressed or implied by such forward -looking statements. Forward -looking
statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results, and
they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could diffe r materially
from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release
are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the
Company cannot assure investors that actual results w ill be consistent with these forwa rd-looking statements. The forward -looking
statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligati on to
update or revise any forward -looking statements whether as a result of new informa tion, future events or otherwise, except as
required under applicable securities regulations.