News Release; September 14, 2017 Vancouver, British Columbia, Nevada Energy Metals Inc., TSX‐V: BFF (OTC: SSMLF) (Frankfurt: A2AFBV) announces that it has amended two Option Agreements with LiCo Energy Metals Inc. (“LiCo”) as follows:
Dixie Valley – Churchill County, Nevada Further to an Option Agreement dated July 14, 2016 with LiCo whereby LiCo may acquire up to a 100% interest in the Dixie Valley Property, the parties have entered into an Amending Agreement to amend the next Option share payment of 2,000,000 shares that was due to be paid to the Company on the second anniversary of the Option Agreement will now be paid upon signing of the Amending Agreement; along with other work and development commitments. All other terms of the Option Agreement remain the same.
Black Rock Desert – Washoe County, Nevada Further to an Option Agreement dated November 10, 2016 with LiCo, whereby LiCo may acquire up to a 70% interest in the Dixie Valley Property, the parties have entered into an Amending Agreement to amend the Agreement so that the LiCo may now earn a 100% interest in the Property; the next two Option share payments of 3,000,000 shares that were due to be paid to the Company on the first and second anniversary of the Option Agreement will now be paid upon signing of the Amending Agreement; along with other work and development commitments. All other terms of the Option Agreement remain the same.
On Behalf of the Board of Directors “Robert Setter” Robert Setter, President & CEO 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 contents of this news release. This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. Availability of financing, and general business conditions are all factors that could cause actual results to vary materially from forward-looking statements.
