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First Energy Metals (CSE:FE) New Listing

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First Energy Metals Limited is a junior resource company engaged in the exploration and development of energy metals such as cobalt, nickel and graphite within its property portfolio in North America.

Additional Information:

Company: First Energy Metals
Website: http://www.FirstEnergyMetals.com
Stock Symbol: CSE: FE
Date Published: Mar 4, 2019
Transcript: Available

Video Transcript:

I’m Nadika Vizzy for Investmentpitch Media

First Energy Metals is one of the latest new listing on the Canadian Securities Exchange, trading under the symbol “FE”, having previously traded on the TSX Venture Exchange.

First Energy Metals Limited is a junior resource company engaged in the exploration and development of energy metals such as cobalt, nickel and graphite within its property portfolio in North America.

The company's goal is to acquire prospective technology metals properties and develop them.

In January 2018, the company entered into an option to acquire a 100% interest in the Phyllis Cobalt Property located in the Kenora Mining District of northwestern Ontario.

The Phyllis Cobalt Property consists of 123 mineral claims in 117 units totalling 2113 hectares

The company’s business objective for the following 12 months is to carry out a drill program at its Phyllis Cobalt Property, to test the central Phyllis Cobalt Zone below surface.

Consideration is $140,000 cash and 600,000 shares staged in payments over three years, in addition to exploration expenditures of $275,000 over a three-year period.

In May 2018, the company entered into an option agreement to acquire a 100% interest in the Russel Graphite Property which consists of thirty mineral claims totalling 1,798 hectares, located in Gatineau area of Quebec approximately 50 kilometres to the north of Ottawa.

There are three main large flake graphite showings on the property.

Consideration is $37,500 cash, 300,000 shares, and exploration expenditures of not less than $200,000 over a period of two years.

First Energy’s shares are trading at $0.075.

For more information please visit the company’s website www.FirstEnergyMetals.com, contact Gurminder Sangha, President and CEO, at 604-375-6005 or by email at gsangha@firstenergymetals.com.

I’m Nadika Vizzy for Investmentpitch Media