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Electric Metals Terminates Altair Agreement, Seeks Partners for Nevada Silver Assets

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Electric Metals Terminates Altair Agreement, Seeks Partners for Nevada Silver Assets

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Electric Metals ( (TSE:EML) ) has shared an announcement.

Electric Metals (USA) Limited has announced the mutual termination of its option and acquisition agreement with Altair Resources Inc., which involved several silver and gold projects in Nevada. Following this termination, the company is actively seeking strategic partnerships to develop its Nevada silver assets, including the Corcoran Canyon Silver-Gold Project and the Belmont Silver Project. These projects are located in a highly endowed gold-silver district in Nevada, offering significant exploration and development potential. Additionally, Electric Metals has granted Deferred Share Units to its Board members, aligning their interests with shareholders and focusing on advancing their high-grade Emily Manganese Deposit in Minnesota.

More about Electric Metals

Electric Metals (USA) Limited (TSXV: EML) (OTCQB: EMUSF) is a US-based mineral development company with manganese and silver projects aimed at supporting the transition to clean energy.

Average Trading Volume: 74,166

Technical Sentiment Signal: Buy

Current Market Cap: C$24.34M

Learn more about EML stock on TipRanks’ Stock Analysis page.

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