Vancouver, BC (FSCwire) - Voltaic Minerals Corp. (TSXV: VLT, FSE: 2P61) (the “Company” or “Voltaic”) is pleased to announce that it has formally engaged Stormcrow Capital Ltd. (“Stormcrow”) to provide strategic, technical and business support services to the Company. Stormcrow is an exempt market dealer headquartered in Toronto, Canada.
Stormcrow Capital Ltd. will provide the Company strategic introductions relating to financing and partnerships for the Green Energy Lithium Project in Utah as well as the lithium selective extraction process. Stormcrow will also provide Voltaic with independent technical analysis and advice relating directly to the development of the lithium selective extraction process. Dr. Jon Hykawy, President Stormcrow Capital Ltd., comments on the engagement, “As global demand for lithium continues to increase, and the desire for battery-pack cost reductions continues to grow, the need for sufficient, inexpensive supplies of commodities such as lithium has never been more obvious. Batteries are not electronics and as such the cost of batteries is ultimately going to be dependent on the cost of the raw materials that go into them. We are thrilled to be working with Voltaic Minerals Corp., which holds the promise of an inexpensive new source of lithium supply from unconventional brines.”
About Stormcrow Capital Ltd.
Stormcrow is an exempt market dealer, strategic consultancy, and equity research firm which specialize in critical materials, renewable energy, industrials, and special situations. The firm provides financial and business consulting services to both public and private companies. Stormcrow conducts independent research on a broad spectrum of under-covered and often poorly understood niches, in order to unlock attractive investment theses at both a micro and macro level. The firm provides supply, demand, and price forecasts for the underlying commodity; key market strengths and risks; as well as specific processing and recovery pitfalls. Through rigorous research, Stormcrow aims to work with the “best of breed” stories within their respective markets. Additionally, the firm supports management teams by providing unbiased evaluation of their key business risks and value-driving opportunities. Stormcrow also provides a range of capital markets services including, but not limited to financing, corporate development and M&A advisory.
More information is available at: www.stormcrow.ca
About Voltaic Minerals Corp.
Voltaic Minerals Corp. is a Vancouver-based Lithium exploration company which owns 100% of the Green Energy Lithium Project property that encompasses 4,160 acres of Bureau of Land Management (BLM) claims and is in Grand County, 15 km west of the city of Moab, Utah. Lithium and other minerals occur at the property in an over-saturated brine (40% minerals, 60% water) discovered during oil exploration when drill wells intercepted Clastic Bed #14 of the Paradox formation.
ON BEHALF OF THE BOARD
VOLTAIC MINERALS CORP.
President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this release include that Voltaic may provide an inexpensive new source of lithium supply from unconventional brines; and that Stormcrow will provide strategic introductions relating to financing and partnerships for the Green Energy Lithium Project in Utah as well as the lithium selective extraction process; and that Stormcrow will also provide Voltaic with independent technical analysis and advice relating directly to the development of the lithium selective extraction process. . These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that the Stormcrow’s efforts may not result in any success for Voltaic, aspects or all of the process development may not be successful, the process may not be cost effective, the Company may not raise sufficient funds to carry out our plans, changing costs for mining and processing; increased capital costs; the timing and content of upcoming work programs; geological interpretations based on current data that may change with more detailed information; potential process methods and mineral recoveries assumption based on limited test work and by comparison to what are considered analogous deposits that with further test work may not be comparable; the availability of labour, equipment and markets for the products produced; and despite the current expected viability of the project, that the minerals on our property cannot be economically mined, or that the required permits to build and operate the envisaged mine cannot be obtained. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.