(TheNewswire)
Vancouver, BC - TheNewswire - May23, 2023 - Arbor Metals Corp. ( “ Arbor ” or the “ Company ”) (TSXV:ABR ) ( FWB:432) is pleased to announce that the recent commitment made byFord Motor Company to secure lithium from Quebec has been seen as aresounding endorsement of Arbor's vision for the lithium market in theregion. The automaker's announcement, which highlights their proactiveapproach in securing lithium production for electric vehicle (EV)manufacturing, aligns with Arbor's mission to be a major player in theQuebec lithium market.
Arbor fully supports the vision of automakers like Fordwho are dedicated to driving the global electrification revolution. Byproactively securing the essential metal required for the transition,namely lithium, these automakers are taking a significant step towardssustainable and environmentally friendly transportation solutions. Thecommitment to sourcing lithium from Quebec further strengthens Arbor'sconfidence in the immense potential of the region and the pivotal roleit will play in the EV industry.
Ford's decision to secure lithium production fromQuebec serves as a strong validation of Arbor's strategic focus andunderscores the Company's dedication to being at the forefront of thelithium market. With its rich lithium deposits, Quebec has emerged asa key player in the global supply chain, and Arbor plans to capitalizeon this opportunity.
Arbor is actively advancing its lithium projects inQuebec, including the flagship Jarnet Lithium project. The Company'sexperienced team, coupled with its commitment to responsible andsustainable resource development, could position Arbor as a part ofthe lithium supply chain.
“We are excited to see major automakers recognizingthe importance of securing lithium supply for their EV production.Ford's commitment to Quebec's lithium production reinforces our beliefin the immense potential of this region," commented MarkFerguson, CEO of Arbor. "Arbor Metals is determined to play asignificant role in meeting the growing demand for lithium andsupporting the global electrification efforts."
Arbor will continue to pursue its exploration anddevelopment activities in Quebec with a strong commitment tosustainable practices. The Company anticipates being a key contributorto the lithium supply chain, helping to meet increased demand fromautomakers and driving the transition to a cleaner and greenerfuture.
Arbor Metals Corp. is a mining exploration company specializing in thedevelopment of high-value, geographic significant mineral projectsaround the world. As an industry leader, it is paving the way foradvanced mineral exploration as it oversees world-class miningprojects. Arbor believes quality projects, combined with provenstrategies and a professional team, will deliver superior results. Thecompany holds three exceptional mineral projects.
The Jarnetlithium project , located in the James Bay regionof Quebec, comprises 47 map-designated claims, covering an area ofapproximately 3,759 hectares. The Jarnet project is contiguous to theCorvette-FCI property, where diamond drilling has confirmedsignificant lithium mineralization, andrepresents one of the highest-profile lithium exploration projects inthe sector.
For further information, contact Mark Ferguson, ChiefExecutive Officer, at info@arbormetals.com , or visit the Company’s website atwww.arbormetalscorp.com.
On behalf of the Board,
Arbor Metals Corp.
Mark Ferguson, Chief Executive Officer
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
This news release may containcertain “Forward-Looking Statements” within the meaning of theUnited States Private Securities Litigation Reform Act of 1995 andapplicable Canadian securities laws. When or if used in this newsrelease, the words “anticipate”, “believe”, “estimate”,“expect”, “target, “plan”, “forecast”, “may”,“schedule” and similar words or expressions identifyforward-looking statements or information. These forward-lookingstatements or information may relate to the development of the JarnetLithium Project, the assessment of samples from that Project, andother factors or information. Such statements represent theCompany’s current views with respect to future events and arenecessarily based upon a number of assumptions and estimates that,while considered reasonable by the Company, are inherently subject tosignificant business, economic, competitive, political and socialrisks, contingencies and uncertainties. Many factors, both known andunknown, could cause results, performance, or achievements to bematerially different from the results, performance or achievementsthat are or may be expressed or implied by such forward-lookingstatements. The Company does not intend, and does not assume anyobligation, to update these forward-looking statements or informationto reflect changes in assumptions or changes in circumstances or anyother events affecting such statements and information other than asrequired by applicable laws, rules and regulations.
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