RMANF - Roadman Signs Option Agreement with Lithium 3 Exploration Corp.
(TheNewswire)
February 3, 2022 – TheNewswire – Vancouver, BritishColumbia – Roadman Investments Corp. (TSXV:LITT) (FWB:1QD) (OTC:RMANF) (“ Roadman ” or the “ Company ”) ispleased to announce that Roadman and its wholly owned subsidiary HardRock Lithium Corp., have signed an Option Agreement (the“ Option ” or “ Agreement ”) dated February 3, 2022 to option100% interest in the Ingraham Trail Lithium Property to Lithium 3Exploration Corp. (“ Lithium3 ”). The Ingraham Trail Lithium Property isan exploration property hosting spodumene pegmatite dykes locatedroughly 40kms east of Yellowknife, Northwest Territories, Canada. The property consists of three adjacent claims covering a total of132 hectares.
Under the terms of the Option Agreement, Lithium 3, aprivate company incorporated in British Columbia, will issue Roadman6,000,000 common shares (the “Shares”).
“As an investment issuer, Roadman is restricted fromdirectly exploring resource projects, so optioning our Ingraham TrailLithium Project will allow Lithium 3 to advance the project whilebenefiting Roadman from any successes,” stated Luke Montaine, CEO ofRoadman.
About Roadman InvestmentsCorp.
Roadman Investments is a Canadian Venture Capital andAdvisory Firm that strives to actively drive innovation and accelerategrowth within its portfolio holdings. Roadman looks for companies andinvestments, both private and public, that offer potential growthopportunities.
For more information, pleasecontact
Luke Montaine
CEO
Cautionary and Forward-LookingStatements
This news release includes certain statements thatconstitute “forward-looking information” within the meaning offinancial and business prospects of the Company, and other matters. Forward-looking statements address future events and conditions andare necessarily based upon a number of estimates and assumptions.These statements relate to analyses and other information that arebased on forecasts of future results, estimates of amounts not yetdeterminable and assumptions of management. Any statements thatexpress or involve discussions with respect to predictions,expectations, beliefs, plans, projections, objectives, assumptions orfuture events or performance (often, but not always, using words orphrases such as “expects” or “does not expect”, “isexpected”, “anticipates” or “does not anticipate”,“plans”, “estimates” or “intends”, or stating that certainactions, events or results “may”, “could”, “would”,“might” or “will” be taken, occur or be achieved), andvariations of such words, and similar expressions are not statementsof historical fact and may be forward-looking statements.Forward-looking statement are necessarily based upon a number offactors that, if untrue, could cause the actual results, performancesor achievements of the Company to be materially different from futureresults, performances or achievements express or implied by suchstatements. Such statements and information arebased on numerous assumptions regarding present and future businessstrategies and the environment in which the Company will operate inthe future, including the price of metals, anticipated costs and theability to achieve goals, that general business and economicconditions will not change in a material adverse manner, thatfinancing will be available if and when needed and on reasonableterms. While such estimates and assumptions are considered reasonableby the management of the Company, they are inherently subject tosignificant business, economic, competitive and regulatoryuncertainties and risks.
Factors that could cause actual results to differmaterially from those in forward looking statements include, but arenot limited to, continued availability of capital and financing andgeneral economic, market or business conditions, the loss of keydirectors, employees, advisors or consultants, increase in costs,litigation, failure of counterparties to perform their contractualobligations and fees charged by service providers. Investors arecautioned that forward-looking statements are not guarantees of futureperformance or events and, accordingly are cautioned not to put unduereliance on forward-looking statements due to the inherent uncertaintyof such statements. The forward-looking statements included in thisnews release are made as of the date hereof and the Company disclaimsany intention or obligation to update or revise any forward-lookingstatements, whether as a result of new information, future events orotherwise, except as expressly required by applicable securitieslegislation.
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.
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