USCM Announces Investor Relations Agreement with Promethean
Vancouver, British Columbia–(Newsfile Corp. – June 6, 2022) – U.S. Critical Metals Corp. (TSXV: USCM) (“USCM“or the”Company“) is pleased to announce that it has engaged Promethean Marketing, Inc. (“Promethean“), a marketing corporation duly incorporated and existing under the laws of the State of Maryland, to perform certain services for the Company, including investor relations activities, as defined in accordance with the policies of the Stock Exchange. TSX Growth (“TSXV“) and applicable securities laws.
Under an agreement with Promethean (the “OK“), Promethean intends to work with the Company to provide advertising, corporate marketing and investor outreach services, including, but not limited to, content creation management, author sourcing, project management, and media distribution Promethean will receive an initial creative budget of US$50,000, which will be used to fund the creation of marketing materials and will be paid prior to the start of Promethean’s services. , the Company will commit to contributing a minimum of $300,000 to a digital marketing budget for a period of three months (the “Term“), which will be paid upon signing the Agreement. Payments to Promethean will occur at the end of each month after the applicable digital marketing services have been rendered, and the amount paid each month will be based on the services that are rendered within those months. After the Term expires, the Agreement will continue on a monthly basis thereafter, unless terminated by either party. The Agreement may be terminated at the discretion of the either party at any time upon thirty (30) days written notice.
Promethean is based in Maryland, USA and provides public disclosure solutions to a number of issuers in various industry segments. William Kaitz, president of Promethean, owns 90% of Promethean, and Kailyn White, vice president of Promethean, owns 10% of Promethean. To the knowledge of the Company, Promethean holds no interest in the securities of the Company or any right to acquire such interest. Promethean deals at arm’s length with the Company. Promethean will provide Company with the opportunity to review all content depicting the Company generated on Promethean’s behalf prior to posting, and Promethean will not publish or distribute any content without Company’s prior approval.
The agreement is subject to the approval of the TSXV.
About US Critical Metals Corp.
USCM is focused on mining projects that will further secure the United States’ supply of critical metals, which are essential to fueling the new economy. Pursuant to option agreements with Canadian and U.S. private companies, USCM’s assets consist of two option agreements, each granting USCM the right to acquire a 100% interest in two mineral exploration projects. . These projects include the Clayton Ridge Lithium property, consisting of 180 unpatented mining claims, located in Nevada, and the Haynes Cobalt property, consisting of 23 vein claims, located in Idaho. A significant percentage of the world’s supply of critical metals comes from countries whose interests conflict with those of the United States. USCM intends to explore and develop critical metal assets that have short- and long-term strategic value for the advancement of U.S. interests and that contribute to the United States maintaining its position as a world leader in the economy and green energy technology.
For more information, please contact:
Chairman and Chief Executive Officer and Director
Telephone: +1 (786) 633-1756
Disclaimer for forward-looking information
This press release contains certain information that may be considered “forward-looking information” about the Company within the meaning of applicable securities laws. This forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or developments in the industry to differ materially from the results, performance or achievements anticipated. expressed or implied by such forward-looking information. information search. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”. , “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “should”, “could”, “might” or “should” occur.
Although the Company believes that the forward-looking information contained in this press release is reasonable based on information available as of the date hereof, by its nature, forward-looking information involves known and unknown assumptions and risks, uncertainties and other factors that may cause our results, level of activity, 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 information.
Examples of such assumptions, risks and uncertainties include, but are not limited to, the assumptions, risks and uncertainties associated with statements regarding Promethean’s engagement and activities and the Company’s business and strategic plans.
The forward-looking information contained in this press release represents the expectations of US Critical Metals Corp. as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely on such information as of any other date. Although U.S. Critical Metals Corp. may choose to do so, it does not undertake to update such information at any particular time, except as required under applicable laws.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.
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