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Alaska Energy Metals Closes Acquisition Of The Angliers-Belleterre Project In Quebec

Alaska Energy Metals Corporation has closed its acquisition to acquire 100% of Angliers-Belleterre nickel-copper project in western Quebec.

Financial Gambits

Financial Gambits

— 1 min read
Alaska Energy Metals Closes Acquisition Of The Angliers-Belleterre Project In Quebec
Claim map on airborne magnetic base map showing potential extension of Midrim nickel – copper deposit host stratigraphy onto Angliers project claims, and elevated nickel in rock samples in northern magnetic belt.

Highlights

  • Alaska Energy Metals Corporation has closed its previously announced acquisition to acquire 100% of the issued and outstanding securities of 1413336 B.C. Ltd., the owner of the Angliers-Belleterre nickel-copper project in western Quebec.
  • The TSX Venture Exchange has granted conditional approval and has granted the Company permission for the completion of this acquisition.
  • The target company’s assets include approximately $2.8 million in cash.
  • The Angliers-Belleterre property is underlain by komatiitic ultramafic flow rocks and differentiated gabbro rocks in a regional setting thought to be a mantle plume. The setting is similar to that of the Kambalda nickel district in Australia.
  • Significant nickel prospects on adjacent claims, for example, the Midrim nickel prospect, appear to trend onto the Angliers-Belleterre project, and there is a six-kilometre-long belt of nickel-enriched rocks documented by the Quebec government on the project.
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