Vision Lithium Completes Acquisition of New Lithium Property in Quebec
Vision Lithium Completes Acquisition of New
Lithium Property in Quebec
VAL-D'OR, QC
,
Dec. 3, 2021
/CNW Telbec/ - Vision Lithium Inc. (TSXV: VLI) (OTCQB: ABEPF)
(FSE: 1AJ2) (the "
Company
" or "
Vision Lithium
") is pleased to announce the closing of its
acquisition (the "
Transaction
") of a 100% undivided interest in 215 contiguous mining claims in the
province of
Quebec, Canada
from four different vendor groups, which, together with an additional
105 claims staked by the Company, will be collectively referred to as the
Cadillac
lithium property
(the "
Property
"). The Transaction was completed pursuant to the terms and conditions of the
definitive property purchase agreements entered into between the parties, previously announced on
December 1, 2021
. The claims acquired from the vendors cover 12,331 hectares (123 km
2
) and,
together with the claims staked by the Company, the Property comprises a total of 320 claims
covering 18,378 hectares (184 km
2
). The Property is located approximately 10 km south of the
historic mining town of
Cadillac
and approximately halfway between the major mining centres of
Rouyn-Noranda
and
Val-d'Or
, in the province of
Quebec
.
About Vision Lithium Inc.
Vision Lithium Inc. is a junior exploration company focused on exploring and developing high quality
mineral assets including lithium and copper in
Canada
. The Company is led by skilled and qualified
mineral exploration experts and business professionals with a deep understanding of the battery
materials market, which is driven by lithium-ion batteries. Vision Lithium is committed to discovering
new, world-class assets and bringing these assets to production, starting with the
Cadillac
lithium
property, its Godslith lithium property located in
Manitoba
, the Sirmac lithium property and the Dôme
Lemieux
porphyry/skarn copper-zinc property, both located in
Quebec
, and its skarn and breccia
polymetallic
Red Brook
and Benjamin properties in
Northern New Brunswick
.
For further information on the Company, please visit our website at
www.visionlithium.com
or contact
us at
.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies
of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
SOURCE
Vision Lithium Inc.
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For further information:
For additional information regarding the Transaction, please contact:
Victor Cantore, Executive Chairman, Tel: 514-831-3809, Email: [email protected], Yves
Rougerie, President and Chief Executive Officer, Tel: 819-316-0474, Email:
CO: Vision Lithium Inc.
CNW 06:30e 03-DEC-21