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Leading Edge Announces Closing of Non-Brokered Private Placement
Published by Craig P at 14th December 2016
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Vancouver, Canada – Leading Edge Materials Corp. (“Leading Edge Materials“) or (the “Company“) (TSXV: LEM) (OTCQB: LEMIF) is pleased to announce closing of the private placement (the “Placement“) that was announced by the Company on November 18, 2016. Under the Placement, the Company issued 3,982,000 units (the “Units“) at a price of C$0.45 per Unit, for gross proceeds of C$1,791,900. Each Unit is comprised of one common share (a “Share“) of the Company and one common share purchase warrant (a “Warrant“). Each Warrant is exercisable to acquire one additional Share, at a price of C$0.70 per Share, for a period of three years expiring on December 14, 2019.

The Company paid cash finder’s fees of $13,756.50 and issued 30,570 common share purchase warrants (the “Finder’s Warrants“) to two finders in connection with certain subscriptions in the Placement. The Finder’s Warrants have the same terms as the Warrants.

The securities issued pursuant to the Placement are to subject to a four-month hold period expiring on April 15, 2017.

The Company intends to use the net proceeds from the Placement to testwork towards the production of high purity graphite at the Woxna graphite project, to further lithium and cobalt exploration activities, and for general corporate requirements. Proceeds from the Placement will allow an accelerated work program during 2017.
 

PIZZODIGINO

Pacifico
Thursday, January 5, 2017

Dear,
I am very pleased to update you on Lomiko’s progress and plans going into 2017.

On December 13, 2016 we were excited to announce the completion of our drill program at La Loutre flake graphite property. We received very positive results from our 1550 meter drilling program in 2015 at that property. In that release I stated, “"The intercepts of multiple zones of mineralization in the Refractory Zone where we have reported high grade intercepts previously is a very promising sign. The samples have been rushed to the ALS Laboratory for full assay testing," We hope to have the results of those assays shortly.

December 16, 2016 Lomiko announced a 10:1 roll back of our shares. We believe that this roll back is important as we work towards securing long term equity financing for the company. Lomiko began trading on the basis of the roll back on December 19.

We believe that Graphite has a bright future because of the many new products that will rely on the material. I have attached a link to a video on Lomiko, Graphite and Graphene.

https://youtu.be/Y--Y_Ub6oC4

January 3, 2017 Lomiko announced the extension and modification of its option agreements with Canadian Strategic Metals Inc. for the La Loutre and Lac des Iles properties. The effect of this extension is to give Lomiko additional time to complete the required work under the agreements.

Going forward Lomiko is in a much stronger position as the result of our share roll back. Potential equity funders who are very interested in our forthcoming assay results from La Loutre and the overall prospects of the company, have been reassured by our share consolidation.

Looking forward to 2017, we anticipate the assays of the La Loutre drilling to be delivered in the next 90 days, sooner we hope. We also anticipate additional equity funding will become available for the further exploration and delineation of the La Loutre and Lac des Iles properties and deposits.

More generally, we are confident that the market for large flake graphite will become firmer in 2017. Lomiko’s strategy of identifying near surface, ready to mine, graphite nodes puts us in the position to take advantage of improvements in the graphite price without having to commit large sums to massive mine development. As we identify and analyze the graphite nodes we are finding we increase the potential resources of the company. 2017 should see significantly improved resource estimates for Lomiko’s properties.

We’re looking forward to an exciting year. We’d like to take this opportunity to wish you a very Happy and Prosperous New Year.



------

We look forward to keeping you updated on Lomiko’s continued progress.
 

PIZZODIGINO

Pacifico
Leading Edge Materials Secures another 25 years Exploitation Lease for Woxna Graphite Mine in Sweden
Published by Craig P at 9th January 2017
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Vancouver, Canada – Leading Edge Materials Corp. (“Leading Edge Materials”) or (“the Company”) (TSXV:LEM) (OTCQB: LEMIF) is pleased to announce that the Company has received confirmation of a 25 year extension on the Woxna exploitation license. The exploitation license for the Woxna Graphite mine was up for renewal in early 2017 and an application for a 25 year extension was submitted to the Mining Inspectorate of Sweden (“Bergsstaten”) earlier this year.

Blair Way, President and CEO, stated: “we are very pleased to have received this further 25 years on our exploitation license. This is the first milestone in our re-permitting process for an expanded operation. This exploitation license security enables us to continue our graphite strategy to expand into the supply of high purity graphite for the burgeoning electric vehicle and energy storage markets.

An exploitation concession (bearbetningskoncession) gives the holder the right to exploit an extractable mineral deposit for a period of 25 years, which may be extended a further 25 years. Leading Edge Materials exploitation and environmental permits for the Woxna Graphite mine and processing facility were issued by the Mining Inspectorate in 1992. The application for a 25 year extension was submitted earlier this year and the extension was granted in early November and took full legal effect at the end of December.
 

PIZZODIGINO

Pacifico
Leading Edge Materials Submits Drill Permit Application for Bergby Lithium Project, Sweden
Published by Craig P at 11th January 2017
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Vancouver, Canada – Leading Edge Materials Corp. (“Leading Edge Materials”) or (the Company”) (TSXV:LEM) (OTCQB: LEMIF) is pleased to announce the submittal of application documents to Swedish authorities to undertake drilling at the Company’s 100% owned Bergby lithium project.

Bergby lies in central Sweden, 25km north of the town of Gävle, and is secured by three exploration licenses that cover a total of 1,903 Ha. The site is close to infrastructure, with major roads, rail and power supply passing immediately adjacent to the claim boundaries. The village of Norrsundet lies 5km east of the Bergby project, a deep-water port where until recently a major wood chip and pulp mill operated.

The proposed drilling will be the first program ever undertaken at the Bergby site, and is anticipated to be completed during the first half of 2017. Permission has been requested to drill up to 40 diamond holes, comprised of a combination of short holes to prospect beneath glacial soil cover and deeper holes to test the extent of the lithium mineralized pegmatite.

As previously reported (see press releases dated 19th Oct 2016 and 1st December 2016), Leading Edge Materials has discovered both an extensive boulder field and located outcrops with high grade lithium mineralization at Bergby. Fifteen samples taken from three outcrop areas returned Li2O (lithium oxide) averaging 1.71% and ranging from 0.01% to 4.65%; and Ta2O5 (tantalum pentoxide) averaging 133 ppm and ranging from 16 ppm to 803 ppm (see Table 1). Samples included representative chip samples, composite samples and selective grab samples depending on outcrop quality, and were taken from three sites across an area of approximately 350m x 750m.

Blair Way, President and CEO, stated “The Bergby lithium project was a new discovery by Leading Edge Materials geologists in mid-2016, and we have moved quickly to be in a position to drill within less than 12 months. With high grade lithium mineralization in both boulders and outcrop over a broad area, we are looking forward to the flow of drilling results. The Company continues to seek quality assets that align with our strategy to become a leading supplier of battery materials. With a fully permitted graphite mine, and both lithium and cobalt properties, our expanding asset base will allow Leading Edge Materials to play a pivotal role in the rapidly growing lithium ion battery market.”

Europe is playing a leading role in the transition to low-carbon energy generation from renewable sources, and the efficient storage of that energy. Electric mobility (EV’s, HEV, PHEV’s) and stationary electricity storage are dependent on high purity graphite, lithium and cobalt, where Leading Edge Materials is an active European player. Lithium has a strong and expanding market, due to the essential role it plays in lithium-based batteries for the automotive, consumer product and stationary electrify storage industries. The high electrochemical potential of lithium results in the high power to weight ratio that is essential for efficient mobile batteries.
 

PIZZODIGINO

Pacifico
LOMIKO AND CANADA STRATEGIC INTERSECT 110.8 METRES


OF 14.56 % AND 135.6 METRES OF 7.74% INCLUDING 44.1

METRES OF 16.81% AND 22.3 METRES AT 17.08% FLAKE

GRAPHITE AT LA LOUTRE

Vancouver, B.C and Montreal, Quebec January 17, 2017– Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR,

OTC: LMRMD/LMRMF, FSE: DH8C/DH8B) and Canada Strategic Metals Inc. (“Strategic Metals””)


(TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) are very pleased to announce high grade graphite results

from the near surface Refractory zone at the La Loutre project of 7.74% graphite over 135.60 metres

including 16.81% graphite over 44.10 metres from hole LL-16-01, two different intersection in hole LL-16-

02 reporting 17.08% graphite over 22.30 metres and 14.80% graphite over 15.10 metres and 110.80 metres

of 14.56% Graphite in Hole LL-16-03.

The table below is showing the results from infill drilling from Hole LL-16-01, LL-16-02 and LL-16-03 and

previous results from 2015. A map of drill holes can be found under the heading Quicklinks: Drill Map. As


further results are received, the drill map of the Refractory Zone will be updated.

In December 2016, the companies completed a1550 M drill program of 10 holes in the Refractory Zone and

will release holes LL-16-04 to LL-16-10 as results are received and compiled.

“Our goal is to deliver a world class graphite resource at La Loutre. Today's excellent results for the first

two of ten drill holes has delivered even better results than last year. Each drill hole provides better

definition of the property's potential and bolsters the case for a top tier pre-economic assessment.”, stated

A. Paul Gill, CEO of Lomiko Metals Inc.

The La Loutre property consists of contiguous claim
 

PIZZODIGINO

Pacifico
Focus Graphite reports 102.1 m grading 10.7% Graphitic Carbon (Cg) from its
Infill and Extension Drilling Program at Lac Tétépisca, Québec –
includes 30.2 m sub-intercept grading 16.7% Cg


OTTAWA, ONTARIO--(Marketwired - Jan. 20, 2017) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Company") is pleased to announce the results from the Company's 2016 infill and extension drilling program at its wholly owned Lac Tétépisca Graphite Project ("the Project") located southwest of the Manicouagan reservoir in the Côte-Nord administrative region of north-eastern Québec. The results of 2016 drilling program (18 holes; total: 2,424 m) combined with the results of the maiden core drilling program carried out on the Project in 2014, (16 holes; total: 1,874 m; refer to Focus news release dated August 17th, 2016 available at www.focusgraphite.com and at www.sedar.com) will form the basis of an initial Mineral Resource Estimate, planned to commence in Q1 2017, to be followed by a Preliminary Economic Assessment (PEA) in Q2 or Q3.

Highlights:

  • In 2016, 18 HQ-diameter holes (total: 2,424 m; Figure 1) were drilled to test the continuity of the graphitic mineralization within the "Manicouagan-Ouest Graphitic Corridor" with respect to the variability of graphitic carbon thickness and grades. Fifteen (15) holes intersected significant graphitic mineralization with grades ranging from 5.6% Graphitic Carbon (Cg(1)) to 19.35% Cg over a minimum true thickness(2) of 6.2 m (Table 1).

  • Best intersection(2): Hole LT-16-32, drilled at -45 degrees to a depth of 159 m, intersected 102.1 m grading 10.7% Cg (from 42.0 m to 145.15 m (core length: 103.15 m); Table 1), including:
    • 30.2 m grading 16.7% Cg (from 45.75 m to 76.25 m (core length: 30.5 m); Table 1); and
    • 13.0 m grading 14.4% Cg (from 100.4 m to 113.5 m (core length: 13.1 m); Table 1).

  • The Manicouagan-Ouest Graphitic Corridor is a linear kilometer-scale geophysical Magnetic (MAG) - Electromagnetic (EM) anomaly that is now drilled-tested over a 1,000 m strike length. The main graphite-bearing zone is 85 m wide on average, with drilling down to approximately 100 m.

The maiden core drilling program conducted on the Manicouagan-Ouest Graphitic Corridor in 2014 intersected significant graphitic mineralization including in hole LT-14-04 (Figure 1) which intersected 103.9 m2 grading 10.25% Cg (refer to Focus news release dated August 17th, 2016 available at www.focusgraphite.com and at www.sedar.com).

Focus Graphite President and CEO Gary Economo said these latest drilling results indicate Lac Tétépisca is well on its way to becoming the Company's second significant graphite asset in the Côte-Nord region of Québec. Focus owns the high purity Lac Knife mine development project near Fermont.

"Looking ahead, Lac Tétépisca holds the potential to meet our future supply obligations for graphite-based polymers for the automotive and other industries, whereas Lac Knife's high purity concentrate production is planned for clean technology, renewable energy markets that require high quality coated spherical graphite," Mr. Economo said.

The 2016 drilling program (Figure 1) consisted of three fences of drill holes spaced 200 m apart that were designed to test the 600 m southwest extension of the deposit. A fourth fence of holes (Line 2+00N) tested the northeast extension. In the wider central portion of the deposit, five (5) drill holes tested the higher grade portion of the Manicouagan-Ouest Graphitic Corridor on sections that are spaced 100 m apart. The infill drilling has confirmed the continuity of the graphitic mineralization as well as the occurrence of a high-grade zone, and it has provided further representative mineralization material for orientation metallurgical testing that is ongoing.

This second phase of core drilling targeting the Manicouagan-Ouest Graphitic Corridor further indicates the potential for the Lac Tétépisca project (and the Southwest Manicouagan reservoir area) to host a new large volume - high grade natural graphite deposit. Drill intercepts reveal that the highest-grade section of the Manicouagan-Ouest Graphitic Corridor is continuous over a strike length of 1 km and down to approximately 100 m depth. Graphitic grades within this section range from 10 to 13% Cg. The average thickness of the main graphitic horizon is 85 m with a higher-grade zone lying along the eastern edge, stratigraphically above a lower grade zone.
 

PIZZODIGINO

Pacifico
Leading Edge Materials Provides Update on High Purity Battery Graphite Qualification
Published by Craig P at 25th January 2017
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Vancouver, Canada – Leading Edge Materials Corp. (“Leading Edge Materials”) or (the “Company”) (TSXV:LEM) (OTCQB: LEMIF) is pleased to announce the latest results from optimization and qualification test work to produce high value graphite products with graphite from the Company’s Woxna mine and processing facility in Sweden. Excellent electrochemical results were achieved in ongoing testing of purified Woxna graphite product.

Highlights of this Qualification Process:

  • Tap Density 0.95 g/cc (target is greater than or equal to 0.95 g/cc)
  • Greater than 60% recovery from Spheronization
  • Particle size distribution in the 10-30 micron range
  • Surface Area of 4.75 m2/g (target range of 3-5 m2 /g)
Blair Way, President and CEO, stated “Our recent flowsheet development work has successfully produced high purity spheroidal graphite samples with electrical properties that are on target for use in lithium ion batteries. Qualification for lithium ion battery use requires a substantial amount of both test data and product, and with our research partners the Company has made substantial progress in both regards. Our Woxna mine and processing facility has the capacity to provide commercial volumes of graphite flotation concentrate for testwork, allowing large scale testing to demonstrate product quality and consistency to existing and potential lithium ion battery cell manufactures.”

A commercial graphite flotation concentrate from the Woxna mine in Sweden was shipped to an independent laboratory for an ongoing high purity spheroidal flowsheet development test program. The samples pass through a methodical campaign of tests and analysis to identify key characteristics such as graphitic carbon content, tap density, BET surface area, particle size distribution and reversible capacity. These results have been very promising and the Company will provide further updates as the qualification test works progresses
 

PIZZODIGINO

Pacifico
Mason Graphite is now focused on obtaining all permits required to begin construction in 2016, with the aim of achieving production in 2017.

Mason prevede quindi di cominciare la produzione quest'anno; vedremo a che prezzo e per quale quantità.
Leading Edge Materials ha già una miniera attiva, ma non sta estraendo e sta solo facendo degli ulteriori esami sulla sua grafite.

Ieri leggevo che grosse compagnie petrolifere si stanno alleando ad alcune grosse case automobilistiche per sviluppare dei motori a celle combustibili, che sarebbero in competizione con i motori elettrici. Se non ricordo male la grafite entra sia nei motori elettrici a batterie che in quelli a celle combustibili, anche se penso che nei primi serva molta più grafite.
Sarà una dura lotta, speriamo che la grafite ne esca vincitrice.
 

PIZZODIGINO

Pacifico
anuary 24, 2017: Focus Graphite Reports a 26% Increase in Measured and Indicated Mineral Resources at its Lac Knife Flake Graphite Project, Québec Email not displaying correctly?
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Focus Graphite Reports a 26% Increase in Measured and Indicated Mineral Resources at its Lac Knife Flake Graphite Project, Québec

Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Company") is pleased to announce an updated Mineral Resource Estimate for its 100%-owned Lac Knife flake graphite project, located 27 km south of Fermont, in the Côte-Nord administrative region of northeastern Québec. The updated Mineral Resource Estimate is based on 231 drill holes totalling 22,505 metres of historic and recent drilling and has been prepared by AGP Mining Consultants Inc. in accordance with Canadian Securities Administrators' National Instrument 43-101 "Standards of Disclosure for Mineral Projects" (NI 43-101).
Highlights:
  • Measured and Indicated Mineral Resources increased by 26% when reported at a cut-off of 3.0% Graphitic carbon (Cg) to 12.1 million tonnes grading 14.64% Cg (Table 1) compared to the previous estimate of 9.6 million tonnes grading 14.77% Cg1 at the same cut-off (Table 2).
  • Upgraded 2.5 million tonnes of Inferred resources to the Indicated category.
  • Delineated an additional 2.3 million tonnes of Inferred resources that are located within the southern extension of the Lac Knife deposit.
  • The updated Mineral Resource Estimate increased the in-situ graphite content by 25% to 1.771 million tonnes in the Measured and Indicated category.
At the 3% Cg cut-off grade, Measured and Indicated Mineral Resources are now estimated at 12.1 million tonnes grading 14.64% Cg (Table 1). Additionally, there are 2.3 million tonnes of Inferred resources at 16.20 % Cg (Tables 1 and 2).

Table 1. Lac Knife Mineral Resource Estimate @ 3.0 % Cg cut-off
Tonnage Cg In Situ Graphite
(t)
(%) (t)
Measured 447,000 21.45 96,000
Indicated 11,654,000 14.38 1,675,000
Measured + Indicated 12,101,000 14.64 1,771,000
Inferred 2,299,000 16.20 372,000

  • Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.
  • There is no certainty that all or any part of the Mineral Resources will be converted into Mineral Reserves.
  • The rounding of tonnes as required by NI 43-101 reporting guidelines may result in apparent differences between tonnes, grade and contained graphite.
Refer to Focus news release dated January 28th, 2014 available at www.focusgraphite.com and at www.sedar.com.

Focus Graphite President and CEO Gary Economo stated: "This second increase in Measured and Indicated resources since 2014 continues to reflect the quality our Lac Knife flake graphite deposit and is another positive step supporting the development of the Lac Knife project."

The update to the Mineral Resource Estimate is based on the addition of the 2014 exploration and definition drilling programs that added 65 new drill holes of which 41 targeted the Lac Knife deposit's southern extension. The additional 4,871 metres of drilling successfully achieved the objectives of delineating the expansion of the mineralized zones to the south and to upgrade the quality of existing Inferred resources to the Indicated category. This resource update is now supported by a total of 231 drill holes totalling 22,505 metres of historic and recent drilling.

As shown in Table 2 below, the resource tonnage increased by 26% in the Measured and Indicated category from 9.6 million tonnes grading 14.77% Cg in the Lac Knife project Feasibility Study2 ("FEAS") to 12.1 million tonnes grading 14.64% Cg in this new update. This translated to an increase of 25% of in-situ graphite from 1.414 million tonnes to 1.771 million tonnes.
 

PIZZODIGINO

Pacifico
Zenyatta Appoints New Member to Board of Directors and Provides Update on Corporate Activities

Thunder Bay, ON



30 January 2017



Zenyatta Ventures Ltd. (“Zenyatta” or “Company”) (TSXV: ZEN) is pleased to announce a new addition to the Board of Directors, as well as updates on the Company’s marketing and application development efforts and continued work on metallurgical testing.

Zenyatta strengthened its Board of Directors with the addition of Mr. Sean Whiteford. Mr. Whiteford is a well-respected mining industry leader with over 25 years of mineral exploration and operational experience. He is currently COO of Osgood Mountains Gold, a private gold exploration company in Nevada. Prior to that Sean held various executive positions with Cliffs Natural Resources, including VP Exploration and VP Eastern Canada Iron Ore Operations, while based in Cleveland, Ohio. He started his career as an exploration geologist with BHP Utah Mines based in Toronto. He then spent 13 years with the Rio Tinto Group in various corporate, operational and geological technical roles in Australia, Canada and the USA. Mr. Whiteford has a B.Sc. in geology from the University of Windsor and has also completed the Advanced Management Program at Columbia Business School.

Aubrey Eveleigh, President and CEO of Zenyatta commented, "We are delighted to add a highly regarded and accomplished mining executive of Sean Whiteford’s caliber to Zenyatta’s Board of Directors. Sean is a creative business leader backed by deep technical knowledge. He will add considerable strength to our Board through the pre and full feasibility stages. The Company is fortunate to attract and include Sean in the current strong team of Directors, management and advisors. Mr. Whiteford has a considerable network in the industry which will assist us in our ongoing efforts to meet business objectives to develop the Albany graphite project.”

The Company is successfully advancing its marketing and application development efforts on a worldwide basis. Zenyatta has recently delivered additional market samples to various global corporations and academic institutions in the USA, Canada, Japan, Germany, South Korea, United Kingdom and Israel for application testing and development. This worldwide market and business development program is designed to provide additional high-purity Albany graphite material for validation related to Li-ion battery, fuel cell and various graphene applications.

Dr. Bharat Chahar, VP of Market Development for Zenyatta stated, “Previous test work on small market samples successfully confirmed the Albany graphite to have a very good crystal structure (hexagonal) with a very desirable purity and particle size for many applications. A total of 57 kilograms of high-purity graphite material at a carbon purity of 99.9% was produced recently to carry out advanced testing. Scaled up testing of market samples is critical and necessary in order to create and develop relationships with end-users during the product qualification process. We are now delivering the requested amounts to our collaborators who were on a wait-list.”

Additionally, metallurgical work is progressing very well at SGS under the guidance of James Jordan, Project Manager for Zenyatta. This is the second part of the metallurgical testing program designed to optimize the flow sheet parameters. Flotation pilot testing continues on the composite material which was taken from the East Pipe and the West Pipe of the Albany graphite deposit. Importantly, preliminary results to date show consistent improvement in metallurgical performance with similar concentrate grades and recoveries obtained from both the East and West Pipe graphite material. Once the final metallurgical testing is complete, the process flow sheet and associated engineering data will then be fed into the up-coming pre-feasibility study. This optimization and pilot program will be on-going for the next several months and completed in the second quarter of 2017.

Zenyatta Ventures Ltd. is developing the Albany Graphite Deposit situated in northeastern Ontario, Canada. The deposit is a unique type of igneous-hosted, fluid-derived graphite mineralization contained in two large breccia pipes. The Company is seeking end users for their graphite and graphene and is working with several collaborative partners including the development of a graphene enhanced concrete. Other potential markets for graphite include Li-ion batteries, fuel cells and powder metallurgy. The application for graphitic material is constantly evolving due to its unique chemical, electrical and thermal properties. It maintains its stability and strength under temperatures in excess of 3,000°C and is very resistant to chemical corrosion. It is also one of the lightest of all reinforcing elements and has high natural lubricating abilities. The outlook for the global graphite market is very promising with demand growing rapidly from new applications. It is now considered one of the more strategic elements by many leading industrial nations, particularly for its growing importance in high technology manufacturing and in the emerging “green” industries such as electric vehicle components.

The Albany graphite deposit is situated 30 km north of the Trans-Canada Highway, power line and natural gas pipeline near the communities of Constance Lake First Nation and Hearst. A rail line is located 70 km away with an all-weather road approximately 10 km from the graphite deposit. The world trend is to develop products for technological applications that need extraordinary performance using ultra-high purity graphite powder at an affordable cost. Albany graphite can be upgraded with very good crystallinity without the use of aggressive acids (hydrofluoric) or high temperature thermal treatment therefore having an environmental advantage over other types of upgraded high-purity graphite material.

In connection with the appointment of Sean Whiteford as Director, he has been granted stock options to purchase up to 250,000 common shares in the capital of the Company. The options are exercisable at a price of $0.98 for a five year period. The grant of such options is subject to regulatory approval.

Mr. Aubrey Eveleigh, P.Geo., Zenyatta’s President and CEO, is the “Qualified Person” for the purposes of National Instrument 43-101 and has reviewed, prepared and supervised the preparation of the technical information contained in this news release.
 

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