Metallic Minerals Announces $6.3 Million Strategic Equity Investment by Newcrest Mining

Vancouver, BC, May 10, 2023 – (ACN Newswire) – Metallic Minerals Corp. (TSX.V:MMG)(OTCQB:MMNGF) ("Metallic Minerals" or the "Company") is pleased to announce a strategic equity investment by a wholly-owned subsidiary of Newcrest Mining Limited ("Newcrest") in the form of a non-brokered private placement, with the goal of advancing the Company's La Plata copper-silver-gold-platinum group element alkalic porphyry project in Colorado, USA.

Pursuant to the private placement, Newcrest will complete a financing of $6.34 million, consisting of 15,838,593 units of Metallic Minerals at a price of $0.40 per unit, with each unit comprising one common share and 0.75 of a common share purchase warrant. This represents a 13% premium to the 20-day volume weighted average price of Metallic Minerals' shares on the TSX-V on May 9, 2023. Each full warrant shall entitle Newcrest to purchase one common share at an exercise price of $0.55, providing $6.5 million in additional funding, if exercised. The warrants shall be exercisable for three years from the date of issue and contain a customary acceleration provision, which shall be effective if the common shares trade for a period of 20 consecutive trading days at or above $0.825 on the TSX-V.

Following closing of the investment, Newcrest will hold 9.5% of the issued and outstanding common shares of Metallic Minerals on a non-diluted basis and, including the warrants, 15.5% of the issued and outstanding common shares on a partially diluted basis.

Metallic Minerals CEO and Chairman, Greg Johnson, stated, "As an industry leader with extensive expertise in precious metals rich, alkalic porphyry systems, Newcrest was quick to recognize the geologic significance of the drill results from our 2022 campaign at La Plata. We are very pleased to welcome them as a new major shareholder. Newcrest's investment is a strong endorsement of the technical merits and potential of the project and a vote of confidence in our experienced team. This funding will enable us to fast-track our planned expansion drilling to follow-up the success from 2022. This year is shaping up to be one of the most exciting in our company's history, with an updated resource estimate in progress at La Plata and an inaugural resource at our Keno Silver project also underway."

Metallic Minerals President, Scott Petsel, stated, "This is a transformational period for Metallic Minerals and the La Plata project. Newcrest brings key, relevant exploration and operational experience and success in deposits of very similar character to that of La Plata, particularly their Red Chris and Cadia-Ridgeway operations. Our technical team has developed a follow-up drill program for La Plata that we expect can rapidly begin to define the extent of the high-grade mineralization, which remains completely open to expansion from the discovery drilling in 2022. Hole 22-04 intersected 816 meters of continuous porphyry mineralization and ended in spectacular copper and precious minerals grades. We are eager to discover the extent to which that high-grade mineralization continues laterally and to depth and anticipate this new drilling will have a positive impact on the overall grade and value of the deposit. Our team is very much looking forward to working with Newcrest to advance these common exploration and development goals."

Fraser MacCorquodale, Newcrest's GM Exploration, stated, "We are excited to become a cornerstone investor in Metallic Minerals and to be able to contribute towards this promising copper and precious metal project in the United States. We look forward to collaborating with the experienced management team at Metallic Minerals to leverage our combined skills."

In connection with the private placement, Metallic Minerals and Newcrest have entered into an investor rights agreement, pursuant to which Newcrest will be entitled to certain customary rights including participation in future equity issuances and a right to maintain its pro-rata position in the Company. Newcrest and the Company have also agreed to certain customary standstill and transfer restrictions.

In addition, a technical committee will be formed with representatives from Metallic and Newcrest, providing access to Newcrest's substantial technical expertise in similar alkalic porphyry systems and underground bulk-tonnage, block-cave mining operations. Newcrest shall also have a right to appoint a director to Metallic Minerals' board, upon exercise of the private placement warrants, if they hold at least 13% of the issued and outstanding shares of the Company.

Live Webinar

Metallic Minerals will be hosting a live webinar with guest, Byron King, on Thursday, May 11 at 10am PT | 1pm ET to discuss the outlook for battery and precious metals and the importance of exploration to be able to deliver the necessary critical minerals for the decade ahead, along with an overview on exploration plans for Metallic Minerals in 2023. To register, click here. https://pr.report/Iir1KJ6S

Net proceeds of the private placement are intended to be used for exploration and development activities at the Company's La Plata project, future exploration and development activities, working capital and general and administrative expenses.

The private placement is expected to close, subject to customary conditions, upon acceptance by the TSX Venture Exchange. The common shares issued pursuant to the private placement will be subject to a four-month hold period from the date of issuance in accordance with applicable securities laws. No commissions or finder fees are payable in connection with the private placement.

This press release is not an offer or a solicitation of an offer of securities for sale in the United States of America. The common shares of Metallic Minerals Corp. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

About Newcrest Mining

Newcrest Mining Limited (ASX, TSX, PNGX: NCM) is one of the world's largest gold mining companies with headquarters in Melbourne, Australia and operating mines in Australia, Canada and Papua New Guinea. Newcrest is a technical industry leader, with particular expertise in exploration, deep underground block caving and metallurgical processing. Newcrest is committed to creating a work environment where everyone can go home safe and healthy every day, and where everyone actively contributes to this outcome; operating and developing mines in line with strong environmental, social and governance practices; developing a diverse workforce; and developing and maintaining strong relationships with communities and governments.

About Metallic Minerals

Metallic Minerals Corp. is a leading exploration and development stage company focused on copper, silver, gold and other critical minerals in the La Plata mining district in Colorado, and silver and gold in the high-grade Keno Hill and Klondike districts of the Yukon. Our objective is to create shareholder value through a systematic, entrepreneurial approach to making exploration discoveries, growing resources, and advancing projects toward development.

At the Company's La Plata project in southwestern Colorado the 2022 inaugural NI 43-101 mineral resource estimate identified a significant porphyry copper-silver resource containing 889 Mlbs copper and 15 Moz of silver. Results from 2022 expansion drilling intercepted the longest and highest-grade interval ever encountered at La Plata and one of the top intersections for any North American copper project in the past several years. An updated NI 43-101 resource estimate for the La Plata project incorporating these results is expected in Q2 2023.

In Canada's Yukon Territory, Metallic Minerals has consolidated the second-largest land position in the historic high-grade Keno Hill silver district, directly adjacent to Hecla Mining's operations, with more than 300 million ounces of high-grade silver in past production and current M&I resources. Hecla Mining Company, the largest primary silver producer in the USA and third largest in the world, completed the acquisition of Alexco Resources and their Keno Hill operations in September 2022. Hecla is targeting to start production at the Keno Hill operations by Q3 2023. Metallic is anticipating the announcement of inaugural mineral resource estimate at Keno Silver in the second half of 2023.

Metallic Minerals is also one of the largest holders of alluvial gold claims in the Yukon and is building a production royalty business by partnering with experienced mining operators, including Parker Schnabel of Little Flake Mining from the hit television show Gold Rush on the Discovery Channel.

All of the districts in which Metallic Minerals operates have seen significant mineral production and have existing infrastructure, including power and road access. Metallic Minerals is led by a team with a track record of discovery and exploration success on several major precious and base metal deposits in the region, as well as having large-scale development, permitting and project financing expertise. The Metallic Minerals team has been recognized for its environmental stewardship practices and is committed to responsible and sustainable resource development.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Website: www.mmgsilver.com Phone: 604-629-7800
Email: cackerman@mmgsilver.com Toll Free: 1-888-570-4420

Forward-Looking Statements

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts including, without limitation, statements regarding potential mineralization, historic production, estimation of mineral resources, the realization of mineral resource estimates, interpretation of prior exploration and potential exploration results, the timing and success of exploration activities generally, the timing and results of future resource estimates, permitting time lines, metal prices and currency exchange rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, title, statements about expected results of operations, royalties, cash flows, financial position and future dividends as well as financial position, prospects, and future plans and objectives of the Company are forward-looking statements that involve various risks and uncertainties. Although Metallic Minerals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, unsuccessrul operations, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration, development of mines and mining operations is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. For more information on Metallic Minerals and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Metallic Minerals Corp.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Doubleview Releases Further Analyses from Lisle Zone Drill Holes

Vancouver, BC, May 8, 2023 – (ACN Newswire) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (the "Company or "Doubleview") is pleased to announce assay results of Hat Project drill holes H038 to H 043. The Hat Project is a large alkalic copper-gold porphyry-type deposit located in northwestern British Columbia that since 2011 has been explored by Doubleview utilizing technical surveys and diamond drilling operations.

Figure 1. Drill PLAN MAP

Figure 2. Section A – A'

Figure 3. Section B – B'

Figure 4: Section C – C'

Hat Property surveys and drilling have largely been focused to the Lisle copper-gold-cobalt-scandium mineral zone. Principal minerals are chalcopyrite, pyrite and magnetite hosted in volcaniclastic and gabbroic formations. The Lisle Zone has indicated dimensions of approximately 2.7 km by 1.7 km and is still being delimited laterally and at depth.

Drill holes H038, H039 and H040 explored north extensions of the Lisle Zone. Hole H041 explored the far east extension of the Lisle Zone. Holes H042 and H043 explored west extensions. Assays are summarized as follows:

North side of the Lisle Zone:
– Drill hole H038 intercepted 440.3 meters* with 0.82% Cu Equivalent** from surface, including 186.0 meters with 0.89% CuEq.
– Drill hole H039 intercepted 549.2 meters with 0.76% Cu Eq from near surface, including 146.7 meters with 0.87% CuEq.
– Drill hole H040 intercepted 561.2 meters with 0.78% Cu Eq from near surface, including 277.3 meters with 0.79% CuEq.

East side of the Lisle Zone:
– Drill hole H041: intercepted 485.0 meters with 0.81% Cu Eq from 66m depth, including 125.0 meters with 0.96% Cu Eq.

West side of the Lisle Zone:
– Drill hole H042: intercepted 179.0 meters with 0.76% Cu Eq from surface, including 49.0 meters with 0.92% Cu Eq.
– Drill hole H043: intercepted 280.2 meters with 0.79% Cu Eq from near surface, including 149.0 meters with 0.98% Cu Eq.

Note: (*) Drill hole intercepts are presented as drilled. The company does not have sufficient information to provide true deposit dimensions.

Drill hole locations are shown in Figures 1, 2, 3 and 4 and coordinates and other location details are presented in Table 1. Significant intercepts are presented in Table 2 and discussed below.

Farshad Shirvani, Doubleview's president and CEO, comments that "Certain metals, including copper, cobalt, silver, PGMs and scandium, have been identified as strategically important in the development of non-fossil fuel technology related to mitigation of climate change. Doubleview's polymetallic Hat property may become a significant source of strategically important metals. Assay results have shown many long intervals of elevated values of copper, cobalt, scandium and other critical metals, potentially making it a unique and valuable domestic resource to supply scarce metals required by advanced technologies. The Company currently is conducting metallurgical research into several innovative cost effective and environmentally friendly low temperature extraction processes that we believe will make Doubleview's Hat project an important source of critical metals that are vital to the growth and evolution of Canada's climate-related initiatives".

TABLE 1. Drill Hole Data
https://www.acnnewswire.com/docs/Multimedia/20230508.Doubleview1.jpg

TABLE 2. Assay results
https://www.acnnewswire.com/docs/Multimedia/20230508.Doubleview2.jpg

Quality Assurance and Quality Control:

Given the importance of accurate assay results, extra measures are taken to ensure the quality of Hat Project assay data. As part of our QA/QC protocol, fresh sample pulps of 5% of the samples were re-assayed when results were deemed unsatisfactory. Replicate assays were conducted by a second accredited laboratory and showed possibly material variances, especially for critical metals in the Hat deposit. Confirmation work is ongoing and may result in further re-sampling and re-analysis.

The following map and sections show the location of the reported drill holes.

Figure 1. Drill PLAN MAP
https://images.newsfilecorp.com/files/8003/165172_01b4dbbd542f4abc_001full.jpg

Figure 2. Section A – A'
https://images.newsfilecorp.com/files/8003/165172_01b4dbbd542f4abc_002full.jpg

Figure 3. Section B – B'
https://images.newsfilecorp.com/files/8003/165172_01b4dbbd542f4abc_003full.jpg

Figure 4: Section C – C'
https://images.newsfilecorp.com/files/8003/165172_01b4dbbd542f4abc_004full.jpg

Doubleview maintains a website at www.doubleview.ca.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

Cautionary Note: Although a mineral resource estimation is currently being prepared by an independent engineering firm, no mineral resources have been estimated at the Hat Property and there is no assurance that further work will result in the Lisle Zone, or other zones if present, being classified as mineral resources.

About Doubleview Gold Corp

Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange [TSXV: DBG], [OTCQB: DBLVF], [FSE: A1W038], [Frankfurt: 1D4]. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company's portfolio of strategic properties provides diversification and mitigates investment risks.

On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer

For further information please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/165172

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Palladium One Completes Previously Announced Acquisition of MetalCorp Limited, Expanding its Canadian Footprint

TORONTO, ON, May 4, 2023 – (ACN Newswire) – Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) ("Palladium One" or "PDM") and MetalCorp Limited (TSXV: MTC) ("MetalCorp" or "MTC") are pleased to announce the successful completion of their previously-announced statutory plan of arrangement under the provisions of the Business Corporations Act (Ontario) (the "Arrangement"). Pursuant to the Arrangement, among other things, Palladium One acquired all of the issued and outstanding shares of MetalCorp. The Arrangement became effective at 12:01 a.m. (Toronto time) on May 2, 2023 (the "Effective Time"), resulting in MetalCorp becoming a wholly-owned subsidiary of Palladium One.

Under the terms of the Arrangement, each former MetalCorp shareholder ("MTC Shareholders") is entitled to receive, in exchange for each common share in the capital of MetalCorp (a "MTC Share") held, 0.30 of a common share in the capital of Palladium One (each whole share, a "PDM Share") (the "Exchange Ratio"). Further, under the Arrangement, all options to acquire MTC Shares outstanding immediately prior to the Effective Time are exchanged for stock options to purchase PDM Shares at the Exchange Ratio.

"The deemed value of the MetalCorp acquisition is approximately $3.3 million paid in shares, and for that Palladium One assumes approximately $1.8 million of cash and for the remainder of the purchase price being approximately $1.5 million obtains optionality on both precious metal and critical mineral projects in Ontario, Canada. Importantly, Palladium One assumes a significant pool of assessment credits and therefore has no spending obligations for many years to come," commented Derrick Weyrauch, President and Chief Executive Officer of PDM.

In order to receive the PDM Shares in exchange for their MTC Shares, registered MTC Shareholders are reminded that they must complete, sign and return the letter of transmittal to Computershare Investor Services Inc., in its capacity as depositary under the Arrangement, together with their certificate(s) or DRS statement(s) representing their MTC Shares, in accordance with the tender procedures described in MTC's management information circular dated March 22, 2023 (the "Circular") which is available on SEDAR (www.sedar.com) under MTC's issuer profile. Any MTC Shares held in the CDS system were automatically deposited under the Arrangement and the beneficial shareholders thereof will receive the PDM Shares at the Exchange Ratio in respect of such MTC Shares.

If you have any questions or require more information with regard to the procedures for receiving the PDM Share consideration, please contact Computershare Investor Services Inc., by (i) telephone within North America at 1-800-564-6253 or (ii) email at corporateactions@computershare.com.

Advisors and Counsel

Bennett Jones LLP is acting as Palladium One's legal advisor. Dickinson Wright LLP is acting as MTC's legal advisor.

Grant of Incentive Awards

Palladium One also announces that its board of directors has granted:

(i) 275,000 restricted share units ("RSUs") to certain employees, advisors and consultants of Palladium One, which vest in three years;
(ii) 1,525,000 stock options to certain officers and directors of Palladium One, which are exercisable for five years at a price of $0.11 per PDM Share with 1/3rd vesting immediately and 1/3rd annually thereafter; and
(iii) 550,000 stock options to certain employees, advisors and consultants of Palladium One, which are exercisable for five years at a price of $0.11 per PDM Share with 1/3rd vesting immediately and 1/3rd annually thereafter.

About Palladium One

Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially conscious Metals for Green Transportation. A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Canada and Finland. The Lantinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources, while both the Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively. Follow Palladium One on LinkedIn, Twitter, and at www.palladiumoneinc.com.

For further information contact:
Derrick Weyrauch, President & CEO
Email: info@palladiumoneinc.com
Telephone: 647-612-6466

Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release is not an offer or a solicitation of an offer of securities for sale in the United States of America. The common shares of Palladium One Mining Inc. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. Forward-looking statements contained in this news release include, without limitation, statements with respect to: the expected synergies and benefits of the Transaction, the future price of nickel, copper, gold, and cobalt, the estimation of mineral resources, costs and timing of the development of projects and new deposits, success of exploration, currency fluctuations, requirements for additional capital, government regulation of mining operations, and environmental risks. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Such factors include, among others, risks associated with the results of regulatory approvals for the Arrangement, the integration of MetalCorp with Palladium One, the quality of the title of MetalCorp to its assets and the extent of any known, unknown or contingent liabilities of MetalCorp, the results of the exploration at Hemlo East or North Rock Copper, the accuracy of the mineral resource estimates at Hemlo East or North Rock Copper; project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in palladium and other commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and tax consequences to Canadian and U.S. shareholders. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/164673

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Atlas Lithium Receives US$ 20,000,000 in Non-Dilutive Funding via a Royalty Transaction

Belo Horizonte, Brazil, May 2, 2023 – (ACN Newswire) – Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or the "Company") is pleased to announce that the Company sold a 3.0% Gross Overriding Revenue royalty to Lithium Royalty Corp. ("LRC") (TSX: LIRC) in exchange for an upfront cash consideration of US$ 20,000,000 (the "Transaction") received today. These funds will expedite the development of Atlas Lithium's world-class hard-rock lithium project located in the Lithium Valley, state of Minas Gerais, Brazil. LRC is widely considered the premier lithium-focused royalty company and recently completed a highly successful initial public offering. This Transaction is the largest lithium royalty deal in Brazil to date and underscores the quality of Atlas Lithium's mineral assets. The details of the Transaction can be found in the Current Report on Form 8-K which was filed with the Securities and Exchange Commission today.

Marc Fogassa, Atlas Lithium's Chairman and Chief Executive Officer commented: "This is a landmark transaction for Atlas Lithium. Mr. Ernie Ortiz, the President and CEO of LRC, is one of the most experienced lithium investors in the world. As part of his due diligence, he met our management and operational teams, visited our Neves Project, and witnessed our drilling campaign first-hand. Mr. Ortiz has been an advocate for clean energy since 2014, and it is a privilege to have him and LRC partner with us and support our growth. Twenty million dollars is our largest raise and will solidly reinforce our continued growth. Importantly, this capital was raised in an entirely non-dilutive manner: not a single share of stock was sold."

Atlas Lithium currently has 10 active drills working towards delineating the lithium resource at the Neves Project, which represents a cluster of four claims out of the Company's total of 64 mineral rights for hard-rock lithium. An initial mineral resource report for the Neves Project under the guidelines of Regulation SK 1300 (the "Resource Report") is expected to be released in mid-2023. The Company will continue its drilling campaign following the publication of the Resource Report and plans on releasing periodic updates to such report as further drilling data is obtained.

Atlas Lithium's drilling campaign is focused on its flagship pegmatite, "Anitta," a 1.1-kilometer formation which has been proven to contain high-quality spodumene, a key lithium-bearing mineral. Anitta remains open along strike and at depth; the current drilling campaign is intended to determine the pegmatite's dimensions. Recently, the Company reported that a drill hole within Anitta identified a spodumene intersect with a high geochemical reading of 4.40% Li2O. The drilling activity within Anitta has yielded multiple instances of fresh, high-grade spodumene intersects located near the surface, a characteristic that is conducive to the development of an open pit mine.

Recently, Atlas Lithium disclosed that it had received the final metallurgical report ("Metallurgical Report") from SGS Canada Inc. ("SGS") for studies performed over several months on a representative ore sample from the Neves Project. The metallurgical results obtained by SGS showed highly effective separation, high recovery rate, and negligible impurities using standard, environmentally friendly Dense Media Separation ("DMS") techniques. The Metallurgical Report will become a chapter in the forthcoming Resource Report. Following the completion of the Metallurgical Report, SGS will begin work on a Preliminary Economic Assessment ("PEA") which is expected to be issued approximately two months after the Resource Report.

About Atlas Lithium Corporation

Atlas Lithium Corporation (NASDAQ: ATLX) is focused on advancing and developing its 100%-owned hard-rock lithium projects which consist of 64 mineral rights spread over approximately 75,040 acres (304 km2) located primarily in the Lithium Valley area of the state of Minas Gerais in Brazil. In total, Atlas Lithium has 100% ownership of mineral rights for almost all battery metals including lithium (304 km2), nickel (222 km2), rare earths (122 km2), titanium (89 km2), and graphite (56 km2), in addition to mining concessions for gold, diamonds, and sand. The Company also owns approximately 45% of Apollo Resources Corp. (private company; iron) and approximately 28% of Jupiter Gold Corp. (OTCQB: JUPGF; gold and quartzite).

About Lithium Royalty Corp.

Lithium Royalty Corp. ("LRC") (TSX: LIRC) is a lithium-focused royalty company with a globally diversified portfolio of 31 high grade, top quartile revenue royalties on mineral properties around the world that supply and are expected to supply raw materials to support the electrification of transportation and decarbonization of the global economy. Our portfolio is focused on high-grade and low-cost mineral projects that are primarily located in top tier jurisdictions predominantly in Australia, Canada, South America and the United States. LRC is a signatory to the United Nations Principles for Responsible Investment, and the integration of ESG factors and sustainable mining are important considerations in our investment analysis and royalty acquisitions.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward looking statements are based upon the current plans, estimates and projections of Atlas Lithium Corporation and its subsidiaries (collectively, "Atlas Lithium" or "Company") and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward- looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: results from ongoing geotechnical analysis of projects; business conditions in Brazil; general economic conditions, geopolitical events and regulatory changes; availability of capital; Atlas Lithium's ability to maintain its competitive position; and dependence on key management.

Additional risks related to the Company and its subsidiaries are more fully discussed in the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K filed with the SEC on March 30, 2023. Please also refer to the Company's other filings with the SEC, all of which are available at www.sec.gov. In addition, any forward-looking statements represent the Company's views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements.

Investor Relations
Michael Kim or Brooks Hamilton
MZ Group – MZ North America
+1 (949) 546-6326
ATLX@mzgroup.us
https://www.atlas-lithium.com/
@Atlas_Lithium

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/164479

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Coloured Ties Subsidiary Names CEO and Mobilizes Lithium Exploration Programs in James Bay

Vancouver, BC, Apr 22, 2023 – (ACN Newswire) – Coloured Ties Capital Inc. (TSXV: TIE) (OTC Pink: APEOF) (FSE: 97A0) ("Coloured Ties" or the "Company"), an investment company focused on business incubation and opportunities that disrupt their industry, is pleased to provide the following update:

APPOINTS MIKE STIER AS CEO OF QUEBEC PEGMATITE CORP.

Coloured Ties is pleased to announce that Mike Stier has been named to the position of Chief Executive Office and Director of Quebec Pegmatite Corp. ("QPC"), a wholly owned subsidiary of Coloured Ties.

Mr. Stier has spent the past 15 years focused on and building expertise in the capital markets. He is experienced in corporate structure, finance, business development, IPO's, M&A, and wealth management, Mr. Stier served as a CIBC IIROC licensed Senior Financial Advisor, senior analyst for a private equity company and more recently holds executive and directorship roles with private companies and publicly listed issuers. He has consulted in industries including mining, oil & gas, fintech, VR, eSports, health, life sciences and biotech. Mr. Stier acts for several other entities, including Independent Director of Rektron Group Inc., CEO & Director of New Leaf Ventures Inc. and is a Co-Founder and former CEO & Director of Optimi Health Corp.

QUEBEC PEGMATITE MOBILIZES ON EXPLROATION PROGRAMS

Quebec Pegmatite is pleased to announce that Longford Exploration has designed and is mobilizing on exploration programs for the company's Mazerac and Vieux Comptoir projects.

MAZERAC LITHIUM PROJECT:

– The Mazerac Project is project has 108 contiguous claims located around the Decelles Reservoir, about 50km southwest of Val-d'Or and easily accessible by a network of forestry roads This property is immediately adjacent to claims currently held by exploration companies including Winsome Resources, Brunswick Exploration and Vision Lithium and near infrastructure including (see regional map in Schedule1).
– This expanded area, known as Mazerac, has recently attracted many lithium prospecting and exploration companies due to recent discoveries of several lithium bearing pegmatites in the region.
– The consolidated rocks of the region are of Precambrian age. The oldest include weathered rocks of sedimentary origin and a few of volcanic origin which are considered part of the Pontiac group.
– The majority of the bedrock in the region is composed of granitic and syenitic rocks, which have been intruded and mixed with rocks of the Pontiac Group. Pegmatites and associated aplites have varying textures and reported to be abundant in the region (See Figures 3 and 4).
– The schist enclaves of the Pontiac group showing various degrees of assimilation, are locally abundant. Large clusters of pegmatite are essentially homogeneous, however, some of the smaller dykes and lenses are zoned. Diabase and gabbro dykes cut across all these rocks.
– Extensive Lidar coverage reveals the influence of tectonics on the topography of the region.
– The general northeast orientation of the topographic features of the eastern part of the region is controlled by the granite and pegmatite sills in the biotite schists. There are many north, north-east and north-west trending joints in all the rocks of the region.
– Earlier intermittent surveys conducted in the 1950s-60s reported on the presence of spodumene in the region. However, this was not of sufficient quantity to sustain systematic exploration at the time. Beryl crystals were also found associated with quartz segregations in pegmatites in several locations.
– The Property is believed to have a favourable geological setting for Li-Cs-Ta (LCT) Pegmatite style deposits, which have been noted in association with the DRB in the Lac Simard area to the west of the Property. There are no catalogued mineral showings on the Property and no previous exploration programs have been carried out on or in the immediate vicinity of the property.
– During the first week of November 2022, a total of 488 soil samples were collected over seven small grids on QPC's Mazerac 43-101 listing Property. The soil sampling grid areas were selected to provide coverage across multiple zones of the Property. Additionally, a total of twenty-four litho-geochemical grab samples were collected across the Property through prospecting in the immediate vicinity of the soil survey grids.
– Results were numerous single and multi-point lithium geochemical anomalies looking at subtle anomalism for Li, Ta, Rb, REE's and various geochemical ratios as indicators to prospectivity and pegmatite fertility in the seven zones explored.

VIEUX COMPTOIR LITHIUM PROJECT:

The Vieux Comptoir Lithium Property comprises a total of 381 Quebec mineral exploration claims, which amount to a total of 19,533.81 hectares or 195 square kilometers. Located in the centre of significant lithium discoveries by Patriot Battery Metals (V.PMET) and Winsome Resources (ASX:WR1).

The Vieux Comptoir Lithium Property has been optioned to Superior Mining International (V.SUI) and was successfully approved by the TSX-V. Pursuant to the terms of the option QPC will receive a total of 14 million shares of Superior Mining over an 18-month disbursement schedule. See news release dated April 11, 2023 for additional details on the option. With this approval Superior Mining will fund exploration on the Vieux Comptoir property going forward.

Located approximately 45 km east of Patriot Battery Metals Corvette Lithium Discovery where extensive drilling has encountered high grade lithium intersections including recently announced 83.7m of 3.13% Li2O, including 19.8m of 5.28% Li2O.

The Vieux Comptoir Lithium Property is also located 45km west of Winsome Resources' (ASX: WR1) Adina Lithium Project which discovered a large outcropping pegmatite dyke with significant lithium mineralised intercepts including 1.34% Li2O over 107.6m.

The Property encompasses lithium pegmatite prospective source rocks of the Vieux Comptoir Granitic Suite which have been identified on the Property. The Property sits along the volcanic belt and encompasses various intrusive suites including the lithium pegmatite prospective source rocks of the Vieux Comptoir Granitic Suite which have been mapped on the property. Regionally, the Vieux Comptoir Granitic Suite is known to host K-feldspar granite phases in pegmatite form which may host an abundance of spodumene.

Viuex Comptoir Lithium Property is underlain by the source rock (Vieux Comptoir suite) which would have injected pegmatite dykes into those greenstone rocks in the region. This geological interpretation strongly supports the prospectivity of the Project for further lithium discoveries.

"The Eeyou Istchee James Bay region is experiencing heightened staking activity based on its abundance of lithium-bearing pegmatites including four deposits with defined resources. Quebec Pegmatite acquired the projects in mid 2022, well before the staking rush of 2023. In addition, this region has recorded numerous recent discoveries including Corvette by Patriot Battery Metals just east of our projects underscoring the exploration potential of the area. The Mazerac Region has also seen increased staking activity and recent work by other companies active in the area suggests prospects for lithium discoveries in the area. We believe both properties have excellent potential for the discovery of lithium-bearing pegmatites," states Mike Stier, CEO of Quebec Pegmatite Corp.

MOBILIZING WORK PROGRAMS ON MAZERAC AND VIEUX COMPTOIR LITHIUM PROJECTS

QPC and Superior Mining are pleased to have engaged Longford Exploration to conduct a detailed exploration on the Mazerac and Vieux Comptoir Lithium Projects. (See project maps below)

https://images.newsfilecorp.com/files/8431/163360_3d991645a47c8a51_002full.jpg
https://images.newsfilecorp.com/files/8431/163360_3d991645a47c8a51_003full.jpg
https://images.newsfilecorp.com/files/8431/163360_3d991645a47c8a51_004full.jpg

Programs for Mazerac and Vieux Comptoir include:

– Phase 1
— Historical government assessment and data compilation
— Remote sensing
— Lithostructural interpretation
— Data interpretation and targeting

– Phase 2
— Mapping and prospecting field program (3 weeks)
— Phase 2 Lab Results
— Data Interpretation and Targeting
— Winkie Drill testing on identified pegmatites

Upon completion of the Phase 1 remote sensing, and lithostructursal interpretation the results of the interpretation, and subsequent Phase 2 field work will be incorporated to develop areas of interest for further field work utilizing ground-based IP geophysical techniques. A 2D/3D dipole IP survey will be recommended to resolve the host rock resistivity anomaly which is commonly found to be associated with pegmatite emplacement where coincidental magnetic anomalism, and remote sensing indicators are present.

QPC and Superior Mining are planning an aggressive field program during the 2023 work season in the James Bay and Mazerac regions and have established agreements to ensure availability of crews, accommodations and equipment for the upcoming season.

Finally, QPC is in advanced discussions to complete a reverse takeover transaction in the coming months. There are currently, 11 million shares outstanding, of which Coloured Ties owns 91% and will be a significant shareholder in the transaction capital structure. No transaction has been finalized and there is no guarantee a transaction will be completed.

About Coloured Ties Capital Inc

Coloured Ties Capital is a TSX-V listed issuer that invests in early-stage commercial ventures and provides investee companies with capital market access and advisory services. The Company offers investors an opportunity to participate in early-stage opportunities that are often only offered to high net worth or institutional investors via investment in the Company's common shares listed on the TSX Venture Exchange under symbol (TSXV: TIE). Coloured Ties Capital is a 2022 TSXV 50 Company.

About Quebec Pegmatite:

Quebec Pegmatite Inc is subsidiary of Coloured Ties and holds the Viexu Comptoir and Mazerac Lithium Projects located in the James Bay and Mazerac regions of Quebec. The company plans aggressive and extensive exploration programs for 2023 to explore the lithium potential for these properties.

For further information please contact:
Coloured Ties Capital Inc.
Kal Malhi Chief Executive Officer
kal@colouredtiescapital.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company.

The forward-looking statements contained in this news release present the expectations of the Company as of the date hereof and, accordingly, is subject to change after such date. Readers are cautioned not to place undue reliance on forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/163360

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Acting Globally, Thinking Locally: Eviosys Opens State-of-the-Art Plant in Thailand

ZUG, SWITZERLAND, Apr 19, 2023 – (ACN Newswire) – Global packaging giant Eviosys has today announced its expansion into Asia, opening a brand-new, state-of-the-art plant in Thailand. With this investment, Eviosys will bring its expertise and leadership to the region. As Eviosys looks to continue to grow in 2023, this new plant will serve as a benchmark for expanding into new markets.

The plant will feature state-of-the-art new eco-friendly equipment with reduced energy-use and will be fully powered by electricity – eliminating the need for gas – in line with Eviosys' goal to reduce emissions by 20% by 2027. The aluminium used will be provided by a local supplier located less than 100km from the plant, further reducing the carbon footprint as well as supporting local employment. Eviosys will hire and develop local teams on site, contributing to its ambitious Preserve Together programme and the development of the region simultaneously. For Eviosys, sustainability expands beyond the circularity of its products. The business is keen to lead by example and support local communities around all of its plants globally.

Of the new expansion, Francois Querrioux, COO at Eviosys, said: "Whilst being a global player in the industry, Eviosys also seeks to maintain its roots at all times and support local communities in the regions we invest in. Our expansion into Thailand represents an exciting move into a new market. Sustainability remains the central focus of our operations, and the line of classic drawn-piece aluminium cans that will be produced here for the local market will advance progress towards our goal of being the first choice in innovative and sustainable packaging globally."

Eviosys is offering infinitely recyclable metal packaging. The 85-gram, single-serve, drawn aluminium cans produced in the new plant will serve the local wet pet food category (a segment currently underserved with a 6% annual growth rate). Metal is a strong, durable material, with unbeatable shelf-life credentials which better protect and preserve brands' products and our planet. The 85g format and the durability of metal will both help fight waste across the full supply chain all the way to the consumer's cupboard.

Notes to Editors

About Eviosys

Eviosys is a leading global supplier of metal packaging, producing food cans and ends, aerosol cans, metal closures and promotional packaging to preserve the products of hundreds of consumer brands. Eviosys has the largest manufacturing footprint in Europe, the Middle East and Africa with 7,000 employees in 44 manufacturing facilities across 17 countries in the region. In 2022, it generated EUR 2.7 billion in revenue. Eviosys is a portfolio company of KPS Capital Partners, LP. www.eviosys.com.

Contact Information:
Maisie Jenyon
PR Manager
eviosysuk@grayling.com

SOURCE: Eviosys

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Palladium One Intersects Wide Zones of Mineralization at West Pickle, on the Tyko Nickel Project, Canada

TORONTO, ON, Apr 19, 2023 – (ACN Newswire) – Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the "Company" or "Palladium One") is pleased to report the final results of the 2022 drill program on the Tyko Project Nickel – Copper Project, in Ontario, Canada. These results represent the widest intercepts to date from the West Pickle Zone massive sulphide discovery.

Figure 1. Tyko Property map showing various mineralized zones and multi-line VTEM anomalies,
background is Calculated Vertical Gradient Magnetics ("CVG").

Figure 2. Plan and long section looking north perpendicular to the interpreted chonolith structure linking
the West Pickle and RJ zones and showing potential for massive sulphide mineralization beyond the
depth detectable by the 2021 VTEM airborne survey.

Figure 3. Long section of the West Pickle Zone showing drill hole intercepts.

Figure 4. Blebby and stringer nickel-copper sulphide in altered clinopyroxenite in hole TK22-114 ~130m
down hole.

Highlights
– Wide zones of nickel-copper mineralization intersected at West Pickle Include:
— 0.6% Ni, 0.4% Cu, 0.01% Co, 0.08 g/t Total Precious Metals ("TPM") (Pt+Pd+Au) over 28.2 meters in hole TK22-114
—- Including 2.0% Ni, 0.6% Cu, 0.04% Co, 0.12 g/t TPM over 3.2 meters
— 0.43% Ni, 0.26% Cu, 0.01% Co, 0.06 g/t TPM over 27.0 meters in hole TK22-118
—- Including 2.0% Ni, 0.7% Cu, 0.04% Co, 0.14 g/t TPM over 1.0 meters
— 1.5% Ni, 0.7% Cu, 0.02% Co, 0.30 g/t TPM over 8.0 meters in hole TK22-116
—- Including 10.0% Ni, 4.47% Cu, 0.14% Co, 2.13 g/t TPM over 1.0 meters
– The most easterly hole to date on West Pickle returns high grade:
— 1.9% Ni, 1.04% Cu, 0.03% Co, 0.58 g/t Total Precious Metals ("TPM") (Pt+Pd+Au) over 2.6 meters in hole TK22-117
—- Including 5.7% Ni, 1.9% Cu, 0.07% Co, 1.57 g/t TPM over 0.8 meters
—- West Pickle remains open for expansion to the east toward the RJ Zone
– West Pickle shown to contain wide zones of mineralization similar to the nearby RJ Zone, and narrower zones of high-grades similar to the Smoke Lake Zone, located 20 kilometers to the east.
— RJ Zone, 2.7 kilometres east of West Pickle, previously retuned 85.4 meters of ultramafic hosted mineralization with Feeder Dyke / Chonolith breccia textures:
—- 0.5% Ni and 0.2% Cu over 85.4 meters in hole TK-16-002
—- Including 1.0% Ni and 0.2% Cu over 16.2 meters (see press release June 8, 2016)

President and CEO, Derrick Weyrauch commented, "These drill results reinforce both the high-grade nature of the West Pickle Zone and the potential for tonnage as seen in hole TK22-114, having 28 meters of 0.6% nickel and 0.4% copper. These widths and grades are very reminiscent of the wide zones of mineralization found at the RJ Zone which retuned 85.4 meters of 0.5% Ni and 0.2% Cu (Hole TK16-002), and speaks to the potential of these Chonolith / Feeder Dykes to host significant mineralization (Figure 1, 2)."

The most easterly hole drilled to date on the West Pickle Zone (Hole TK22-117), intersected high-grade massive nickel-copper sulphides and has extended the zone to over 600 meters in length, and it remains open for further expansion on the east toward the RJ Zone.

To date a total of 32 holes, totalling 6,766 meters have been drilled in the vicinity of the West Pickle Discovery. At present, West Pickle mineralization has been defined over more than 600 meters of strike length (Figure 2,3).

The 2022 drill program consisted of 70 holes totaling 13,038 meters.

The 2023 exploration program is focused on ground truthing and drill testing interpreted Chonoliths / Feeder Dykes on the Tyko Project. In Q1 2023, the Company completed a high-resolution magnetic survey while the field season is expected to resume once snow conditions allow. The Q1 2023 magnetic survey was designed to refine the geometry of the interpreted feeder dykes / chonoliths across the Tyko project's 30-kilometer strike length prior to additional drill testing.

Figure 1. Tyko Property map showing various mineralized zones and multi-line VTEM anomalies, background is Calculated Vertical Gradient Magnetics ("CVG").
https://images.newsfilecorp.com/files/6502/162958_25a6ad221402ba93_001full.jpg

Figure 2. Plan and long section looking north perpendicular to the interpreted chonolith structure linking the West Pickle and RJ zones and showing potential for massive sulphide mineralization beyond the depth detectable by the 2021 VTEM airborne survey.
https://images.newsfilecorp.com/files/6502/162958_25a6ad221402ba93_002full.jpg

Figure 3. Long section of the West Pickle Zone showing drill hole intercepts.
https://images.newsfilecorp.com/files/6502/162958_25a6ad221402ba93_003full.jpg

Figure 4. Blebby and stringer nickel-copper sulphide in altered clinopyroxenite in hole TK22-114 ~130m down hole.
https://images.newsfilecorp.com/files/6502/162958_palladiumonefig4.jpg

Table 1: Assay Results: Select Tyko 2022 Drill Results from the West Pickle Zone
https://www.acnnewswire.com/docs/Multimedia/20230419.PalladiumOne.Table1.jpg

Table 2: Drill Hole Locations for assay results from this News Release
https://www.acnnewswire.com/docs/Multimedia/20230419.PalladiumOne.Table2.jpg

QA/QC

The drilling program was carried out under the supervision of Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration, and a Director of the Company

Drill core samples were split using a rock saw by Company staff, with half retained in the core box and stored onsite at the Tyko exploration camp core yard facility.

Samples were transported in secure bags directly from the logging facility at the onsite exploration camp, to the Activation Laboratories Ltd. ("Actlabs") in Thunder Bay, Ontario. Actlabs, which is ISO 17025 accredited with CAN-P-1579 (Mineral Lab). In addition to ISO 17025 accreditation, Actlabs is accredited/certified to ISO 9001:2015. All samples are crushed to 2 millimeters with a 250-gram split pulverized to 105 microns. Analysis for PGEs is performed using a 30 grams fire assay with an ICP-OES finish and for Ni, Cu, and Co using 0.25 grams by 4 acid digestion with ICP-OES finish. Ni, Cu and Co samples over 1.0 wt% were re-analysed by ore grade methods using 4 acid digestion with ICP-OES finish.

Certified standards, blanks and crushed duplicates are placed in the sample stream at a rate of one QA/QC sample per 10 core samples. Results are analyzed for acceptance within the defined limits of the standard used before being released to the public.

About Tyko Nickel – Copper – Cobalt Project

The Tyko Nickel – Copper – Cobalt Project, is located approximately 65 kilometers northeast of Marathon Ontario, Canada. Tyko is an early stage, high sulphide tenor, nickel – copper (2:1 ratio) project and currently has five known mineralized zones spanning over a 20 kilometer strike length. The West Pickle Zone occurs on the Pezim II claim block of the larger Tyko Project.

Qualified Person

The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101.

About Palladium One

Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially conscious Metals for Green Transportation. A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Canada and Finland. The Lantinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources, while both the Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively. Follow Palladium One on LinkedIn, Twitter, and at www.palladiumoneinc.com.

ON BEHALF OF THE BOARD
"Derrick Weyrauch"
President & CEO, Director

For further information contact:
Derrick Weyrauch, President & CEO
Email: info@palladiumoneinc.com

Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release is not an offer or a solicitation of an offer of securities for sale in the United States of America. The common shares of Palladium One Mining Inc. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in palladium and other commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and tax consequences to Canadian and U.S. Shareholders. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162958

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Doubleview Reports Hat Project Copper Equivalent Disclosures Will Now Include Recoverable Copper, Gold, Cobalt and Scandium

Vancouver, BC, Apr 19, 2023 – (ACN Newswire) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (the "Company or "Doubleview") is pleased to announce that following discussions with the Company's technical advisors regarding metallurgical matters related to its Hat Project, assay results will be reported as Copper Equivalent ("CuEq") which will include gold, cobalt and scandium in addition to copper.

Doubleview's Hat Project metallurgical studies have been managed by EUR ING Andrew Carter B.Sc. CEng. MIMMM, MSAIMM SME of Tetra Tech, Geo-Environment & Mining Services. The Hat Project is located in the Atlin Mining District of northwestern British Columbia.

Table 3 presents drill core assay and Copper Equivalent values for copper, gold, cobalt, and scandium. Copper Equivalent values also recognize recoverability of metals and metal prices. Assay data included in Table 3 has been previously released. Future drilling, metallurgical work, and modeling may result in different outcomes. Metal prices and markets are highly variable and current estimates may differ from those realized in future.

Inclusion of scandium in Hat Project Copper Equivalent values significantly increases the CuEq figures.

The Hat Property is interpreted to be a silica-undersaturated alkalic copper-gold porphyry system similar to other metal-rich porphyry systems in the Golden Triangle area of British Columbia. Industry practice is to disclose copper-gold porphyry systems on either a copper or gold equivalency basis. As presently interpreted, Doubleview's technical team recognizes two significant mineralizing events: scandium appears to be associated with an early stage of intrusion and mineralization that was followed by a higher temperature intrusive event that brought copper and other metals.

– The Company's exploration work has been based on a conceptual model in which the copper and gold values support a potential mine at the Hat Property. Scandium would act as a high value credit from the operation.

Metal values shown in Table 1 used in Copper Equivalent estimations follow guidance provided by Energy, Metals and Agriculture Consensus Forecasts(R) for 2023 and 2024.

Table 1: Metal prices (Source: Energy, Metals and Agriculture Consensus Forecasts(R) for 2023 and 2024)
https://www.acnnewswire.com/docs/Multimedia/20230419.Doubleview1.jpg

Copper Equivalent is a calculated single-value composite of possibly economically recoverable metals and is widely used in the evaluation of early-stage mineral properties. CuEq estimates should not be unduly relied upon in any current evaluation of Hat Project mineralization. Doubleview's CuEq estimates employ the following equation:

=(Ag(g/t) x Price_Ag x Rec_Ag/31.1035 + Au(g/t) x Price_Au x Rec_Au/31.1035 + Co(%) x Price_Co x Rec_Co x 22.0462 + Cu(%)x Price_Cu x Rec_Cu x 22.0462 + Sc(g/t) x Price_Sc x Rec_Sc x Sc_con) / (Price_Cu x 22.0462)

[Note: Rec stands for recovery as per table 2]

Current technical studies and research consider production of a high-gold, low-cobalt concentrate and a low-gold, high-cobalt pyrite concentrate, followed by a scandium recovery circuit that would process end-product tailings. Scandium in tailings could be purified to yield scandium phosphate, a high value specialized product*, or scandium oxide, a much lower value commodity. The Company has chosen scandium oxide for its CuEq estimation as it has broader industrial applications.

*Scandium phosphate is usually sold in small quantity – high purity five gram lots at about $35 per gram. Demand is limited with sale prices usually not disclosed.

Flotation and extraction test work has shown that the following recoveries can be achieved.

Table 2. Flotation and extraction test work Recoveries
https://www.acnnewswire.com/docs/Multimedia/20230419.Doubleview2.jpg

Table 3: Hat Project selected assays and corresponding CuEq values, excluding and including scandium.
https://www.acnnewswire.com/docs/Multimedia/20230419.Doubleview3.jpg

Notes:
– Metal equivalents should not be relied upon for future evaluations.
– Drill hole intercepts included in this news release are core lengths that may or may not be truel widths of mineralization. It is not possible to determine true widths.
– Details of analytical testing procedures are set forth in the Company's news releases dated [11/07/2013, 20/01/2014, 14/05/2014, 03/02/2015, 30/09/2019, 02/02/2020, 03/07/2020, 16/02/2021 05/08/2021 of the Company on sedar.com]
– CuEq=(Ag(g/t) x Price_Ag x Rec_Ag/31.1035 + Au(g/t) x Price_Au x Rec_Au/31.1035 + Co(%) x Price_Co x Rec_Co x 22.0462 + Cu(%)x Price_Cu x Rec_Cu x 22.0462 + Sc(g/t) x Price_Sc x Rec_Sc x Sc_con) / (Price_Cu x 22.0462)
– Sc to Sc2O3 Conversion is 1.533

Qualified Persons:

EUR ING Andrew Carter B.Sc. CEng. MIMMM, MSAIMM SME of Tetra Tech, Geo-Environment & Mining Services is Doubleview's Qualified Person with respect to the HAT Project Metallurgical Studies as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and approved the technical contents of this news release. He is independent of Doubleview.

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

Doubleview Gold Corp. also wishes to announce a clarification to its previous news release dated January 04, 2023. The TSX Venture Exchange has requested the Company to issue this clarification to ensure that investors have accurate information.

The January 04, 2023, news release announced that the Company had appointed Red Cloud Securities Inc. and Red Cloud Financial Services Inc. (together "Red Cloud") to provide a range of corporate advisory services. The Company wishes to clarify that no Investor Relations Activities will be performed under the engagement with Red Cloud. The engagement is strictly limited and focused on financial advisory.

About Doubleview Gold Corp

Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company's portfolio of strategic properties provides diversification and mitigates investment risks.

On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer

For further information please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162912

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Palladium One Announces Completion of Strategic Equity Investment by Glencore

TORONTO, ON, Apr 12, 2023 – (ACN Newswire) – Palladium One Mining (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) ("Palladium One" or "PDM") is pleased to announce that, further to PDM's news release dated March 30, 2023, it has completed a C$4,252,050 non-brokered private placement financing (the "Private Placement") with a wholly-owned subsidiary of Glencore plc ("Glencore"). Pursuant to the Private Placement, PDM issued 28,347,000 common shares ("Common Shares") at C$0.15 per Common Share. Upon completion of the Private Placement, Glencore owns approximately 9.99% of the issued and outstanding Common Shares of PDM on a non-diluted basis.

Net proceeds of the Private Placement are intended to be used for exploration and development activities at the Company's nickel projects, for future exploration and development activities, working capital and general and administrative expenses.

In connection with the Private Placement, Palladium One and Glencore entered into an investor rights agreement (the "Investor Rights Agreement"), pursuant to which Glencore is entitled to certain customary rights including participation rights on future equity security issuances and a right to nominate an individual to the technical committee of Palladium One. Under the Investor Rights Agreement, Glencore will agree to certain customary transfer and standstill restrictions.

The Common Shares issued pursuant to the Private Placement are subject to a four-month hold period from the date of issuance in accordance with applicable securities laws. No commissions or finder fees are payable in connection with the Private Placement.

About Palladium One

Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially conscious Metals for Green Transportation. A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Canada and Finland. The Lantinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources, while both the Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively. Follow Palladium One on LinkedIn, Twitter, and at www.palladiumoneinc.com.

ON BEHALF OF THE BOARD
"Derrick Weyrauch"
President & CEO, Director

For further information contact:
Derrick Weyrauch, President & CEO
Email: info@palladiumoneinc.com

Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release is not an offer or a solicitation of an offer of securities for sale in the United States of America. The common shares of Palladium One Mining Inc. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions.

These forward-looking statements include, but are not limited to, statements relating to the Private Placement; expected future attributes, capitalization and strategy of Palladium One following the completion of the Private Placement; the anticipated benefits of, and rationale for, the Private Placement; plans, strategies and initiatives for Palladium One; the expected use of proceeds of the Private Placement; the terms and conditions of the Investor Rights Agreement; and other statements that are not historical facts.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the timing and ability of Palladium One to obtain final approval of the Private Placement from the TSX Venture Exchange risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in palladium and other commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and tax consequences to Canadian and U.S. Shareholders. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162033

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Coloured Ties Subsidiary Announces Approval of Option Agreement, Investee Company Hertz Lithium Begins Trading on CSE

Vancouver, BC, Apr 12, 2023 – (ACN Newswire) – Coloured Ties Capital Inc. (TSXV: TIE) (OTC Pink: APEOF) (FSE: 97A0) ("Coloured Ties" or the "Company") an investment company focused on business incubation and opportunities that disrupt their industry, is pleased to provide the following update:

Coloured Ties Subsidiary Announces Approval of Option Agreement, Investee Company Hertz Lithium Begins Trading on CSE

VIEUX COMPTOIR LITHIUM PROJECT OPTION AGREEMENT APPROVED BY TSX-V:

Further to the news release dated December 7, 2022, Quebec Pegmatite ("QPC") is pleased to report the TSX Venture Exchange has formally approved the option of the Vieux Comptoir Lithium Property to Superior Mining International (TSXV: SUI).

Pursuant to the terms of the Option Agreement QPC will receive the following share issuances:

1. 7,000,000 common shares of Superior (the "Superior Shares") upon receipt of approval of the TSX Venture Exchange;
2. 3,500,000 Superior Shares payable on the one-year anniversary of the Option Agreement; and
3. 3,500,000 Superior Shares payable on the eighteen-month anniversary of the Option Agreement.

Additionally, Superior shall grant QPC a 3.0% net smelter return royalty (the "NSR Royalty") and the NSR Royalty may be reduced to 1.5% upon Superior making a cash payment of $3,000,000 to QPC.

The Vieux Comptoir Lithium Property comprises a total of 381 Quebec mineral exploration claims, which amount to a total of 19,533.81 hectares or ~195 square kilometers. Located in the centre of significant lithium discoveries by Patriot Battery Metals (TSXV: PMET) only 45km west and Winsome Resources (ASX: WR1) 45km east.

The La Grande subprovince regional trend has encountered multiple high grade lithium intersections including recently announced 83.7m of 3.13% Li2O, including 19.8m of 5.28% Li2O from Patriot Battery Metals and over 107.6m of 1.34% Li2O from Winsome Resources.

The Vieux Comptoir Property encompasses lithium pegmatite prospective source rocks of the Vieux Comptoir Granitic Suite which have been identified on the Property. The Property sits along the volcanic belt and encompasses various intrusive suites including the lithium pegmatite prospective source rocks of the Vieux Comptoir Granitic Suite which have been mapped on the property. Regionally, the Vieux Comptoir Granitic Suite is known to host K-feldspar granite phases in pegmatite form which may host an abundance of spodumene.

Vieux Comptoir Lithium Property is underlain by the source rock (Vieux Comptoir suite) which would have injected pegmatite dykes into those greenstone rocks in the region. This geological interpretation strongly supports the prospectivity of the Project for further lithium discoveries.

HERTZ LITHIUM (CSE: HZ) COMPLETES IPO AND BEGINS TRADING ON CSE:

Coloured Ties reports that investee company, Hertz Lithium, has completed its initial public offering and commenced trading on the CSE under symbol HZ. The offering consisted of the sale of 12,852,000 units at a price of $0.125 cents per unit, for aggregate gross proceeds of $1,606,500. Each unit consisted of one common share and one common share purchase warrant. Each warrant is exercisable by the holder to acquire one additional common share at a price of $0.25 cents per share for a period of two years from the listing date.

Coloured Ties owns 4,579,000 shares of Hertz Lithium and 4,379,000 warrants to buy additional shares at $0.25 per share. Hertz Lithium currently has 30,477,001 shares outstanding, which represents a 15% ownership by the Company in the issued and outstanding shares of Hertz Lithium.

ABOUT HERTZ LITHIUM

Hertz Lithium owns 100% interest in the Lucky Mica Property, which covers 939 hectares in Maricopa Country, Arizona along the Arizona Pegmatite Belt.

Lucky Mica Property is an early-stage exploration project, with outcropping pegmatite over 300m, with anomalous Li, Ta, and Nb geochemistry and is well positioned in the Arizona Pegmatite Belt, an emerging high-grade hard rock lithium district with known lithium deposits. In 2017, grab samples performed by SGS Canada indicated ore grade potential with two samples exceeding 20,000 ppm of lithium. The most mineralized grab sample had 34,850 ppm of lithium.

PATRIOT LITHIUM'S (ASX: PAT) NOVA LITHIUM PROJECT SURROUNDING LUCKY MICA RESULTS:

Australian based and ASX listed Patriot Lithium (ASX: PAT) owns mineral claims surrounding the Hertz, Lucky Mica project and have reported promising lithium discoveries at the Dove Pegmatite on their adjoining claim block, SEE MAP.

"Three pegmatites have now been mapped at Dove that exhibit potential for spodumene mineralisation. Their surface expression can be traced along strike for at least ~440m at the Dove West pegmatite and ~430m at the Dove East pegmatites (Figures 1 and 2). The Dove West and East pegmatites are trending subparallel but are separated by ~90-120m. The apparent maximum width of the individual pegmatites is ~15m. A small pegmatite outcrop ~80m east of Dove East may represent a fourth, albeit poorly exposed pegmatite body of the Dove system." Source

Coloured Ties Subsidiary Announces Approval of Option Agreement, Investee Company Hertz Lithium Begins Trading on CSE
https://images.newsfilecorp.com/files/8431/162013_048eb372545eb919_002full.jpg

Hertz Lithium is mobilizing it's own aggressive exploration program at the Lucky Mica Project and will update shareholders as results are obtained.

PENN STATE OPTION TO LICENCE PATENT PENDING EXTRACTION TECHNOLOGY OF LITHIUM FROM HARD ROCK SOURCES:

Hertz Lithium has an option to license the worldwide rights to patent pending technology from Penn State University's, College of Earth and Mineral Sciences. Penn State University is developing this new patent pending technology for the extraction of lithium from Spodumene with upwards of a 90% recovery factor. The current process of lithium extraction requires roasting the spodumene at a temperature of 1050 C to transform the natural crystalline form of spodumene to a form which can be leached at a high temperature. This is a costly, energy-extensive process. Penn State University's College of Earth and Mineral Sciences has submitted patents for a breakthrough technology that offers a way to extract the lithium from hard rock sources with increased economic efficiencies.

About Coloured Ties Capital Inc

Coloured Ties Capital is a TSX-V listed issuer that invests in early-stage commercial ventures and provides investee companies with capital market access and advisory services. The Company offers investors an opportunity to participate in early-stage opportunities that are often only offered to high net worth or institutional investors via investment in the Company's common shares listed on the TSX Venture Exchange under symbol (TSXV: TIE. TIE currently has a diverse portfolio of lithium investments including, Patriot Battery Metals (TSXV: PMET), (ASX: PMT), Azimut Exploration Inc (TSXV: AZM), Midland Exploration V.MD, Rockland Resources (TSXV: RKL), Hertz Lithium Inc (TSXV: HZ), Superior Mining International (TSXV: SUI), Power Metals (TSXV: PWM), Winsome Resources (ASX: WR1) and privately held Flowing Lithium Inc and Canuck Lithium Inc.

Coloured Ties Capital is a 2022 TSXV 50 Company.

About Quebec Pegmatite

Quebec Pegmatite Inc is subsidiary of Coloured Ties and holds the Vieux Comptoir and Mazerac Lithium Projects located in the James Bay and Mazerac regions of Quebec. The company plans aggressive and extensive exploration programs for 2023 to explore the lithium potential of these properties.

For further information please contact:
Coloured Ties Capital Inc.
Kal Malhi Chief Executive Officer
kal@colouredtiescapital.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company.

The forward-looking statements contained in this news release present the expectations of the Company as of the date hereof and, accordingly, is subject to change after such date. Readers are cautioned not to place undue reliance on forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162013

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com