Sentinel Resources to Acquire Controlling Interest in Hub City Minerals - Investing News Network

Sentinel Resources Corp. announces that it has entered into a share purchase agreement dated effective August 27, 2021 with Hub City Minerals Corp. and the shareholders of Hub City whereby Sentinel will acquire 67% of the issued and outstanding shares and share purchase warrants of Hub City. Hub City, through a 75% interest in Hub City Lithium Inc., owns a series of lithium focused permits in Saskatchewan . …

Sentinel Resources Corp. (CSE: SNL) (US OTC PINK: SNLRF) (“Sentinel” or the “Company “) announces that it has entered into a share purchase agreement (the “Agreement”), dated effective August 27, 2021 with Hub City Minerals Corp. (“Hub City”) and the shareholders of Hub City whereby Sentinel will acquire 67% of the issued and outstanding shares and share purchase warrants of Hub City. Hub City, through a 75% interest in Hub City Lithium Inc., owns a series of lithium focused permits in Saskatchewan .

Highlights of Hub City Lithium:

  • Hub City holds 48,457 hectares (119,739 acres) of Subsurface Crown Mineral Dispositions in Saskatchewan , with the focus on potential lithium resource prospects, including:
  • Twenty-one (21) lithium brine focused permits in four main distinct geographical locations in Saskatchewan representing 48,457 hectares (the “Li-Brine Properties”)
    • Greater Mansur Permit Area consisting of five main blocks totaling 13,093 hectares, located between 10 to 50 km east of Weyburn, Saskatchewan .
    • Greater Tyvan Permit Area consisting of four...


Read Full Story: https://investingnews.com/news/australia-investing/sentinel-resources-to-acquire-controlling-interest-in-hub-city-minerals/

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.



Tags: