(TheNewswire)
October 22, 2020 - TheNewswire - Vancouver, BC -Nevada Energy Metals Inc. (the "Company" or"Nevada"), ( TSXV:BFF ) (OTC:SSMLF) (Frankfurt:A2AFBV ) is pleased to announce that the Board of Directors has approved, and the Company will proceed, with a change of name to" Nickel Rock ResourcesInc. " The name change is subject to TSXVenture Exchange approval.
The Company believesthat the change of name to "Nickel Rock Resources Inc." willbetter reflect the direction of the Company as it increases itsefforts towards the acquisition and development of environmentallyfavorable nickel mining opportunities in British Columbia. A processthat commenced with the acquisition of the Klone Project, announced onOctober 19, 2020, which adjoins the Dacar Property of FPX Nickel Inc..
In connection with therebranding of the Company as " Nickel Rock ResourcesInc." and the recently completed equityfinancing raising $1,000,000, the Company will continue to createshareholder value by evaluating its current properties and searchingout strategic projects to add to its portfolio.
The Company is alsopleased to announce that it will be launching a new website and socialmedia sites, in connection with the name change and new direction ofthe Company.
The Company will issue afurther new release announcing the new CUSIP number, new stock symbol,mechanics and effective date of the name change and the Company's newwebsite and social media site launch.
About Nevada EnergyMetals :
Nevada Energy Metals Inc. is a Canadian basedexploration company whose primary listing is on the TSX VentureExchange. The Company's main exploration focus is directed at lithiumbrine targets located in the mining friendly state of Nevada. TheCompany has 100% ownership in 77 claims in Clayton Valley, only 250mfrom Rockwood Lithium, the only brine-based lithium producer in NorthAmerica.
On Behalf of the Board of Directors
"Robert Setter"
Robert Setter, President & CEO
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for thecontents of this news release. This news release may containforward-looking statements which include, but are not limited to,comments that involve future events and conditions, which are subjectto various risks and uncertainties. Except for statements ofhistorical facts, comments that address resource potential, upcomingwork programs, geological interpretations, receipt and security ofmineral property titles, availability of funds, and others areforward-looking. Forward-looking statements are not guarantees offuture performance and actual results may vary materially from thosestatements. Availability of financing, and general business conditionsare all factors that could cause actual results to vary materiallyfrom forward-looking statements.
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