RockBreaks – Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) Signs LOI to Option Patos Ionic Clay Rare Earth Project in Brazil 

This article has been disseminated on behalf of Canamera Energy Metals Corp. and may include paid advertising. 

Canamera Energy Metals (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) announced it has signed a non-binding letter of intent to acquire an option to earn a 100% interest in the Patos ionic clay rare earth element project in Minas Gerais, Brazil, covering approximately 15,979 hectares. The agreement contemplates a two-stage process beginning with a C$20,000 due diligence auger drill program of up to 10 holes to confirm ionic clay REE mineralization. If exercised, the option would require aggregate consideration of C$228,000 in cash and C$307,800 in common shares, with a 2% net smelter return royalty in favor of the vendor and a buyback right to reduce the royalty to 1% for C$228,000.

To view the full press release, visit https://ibn.fm/MXF5G

About Canamera Energy Metals Corp.

Canamera Energy Metals Corp. is a rare earth and critical metals exploration company building a portfolio of district-scale opportunities across the Americas. The Company’s asset base includes the Mantle project in British Columbia, the Garrow rare earth elements project in Northern Ontario, the Schryburt Lake rare earth and niobium project in Ontario, the Iron Hills critical and rare earth project in Colorado, USA, and the Turvolândia and São Sepé rare earth element projects in Brazil. Across this portfolio, Canamera targets underexplored regions with strong geological signatures and supportive jurisdictions, applying geochemical, geophysical, and geological datasets to generate and advance high- conviction, first-mover exploration targets.

NOTE TO INVESTORS: The latest news and updates relating to EMETF are available in the company’s newsroom at https://ibn.fm/EMETF

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