FE Battery Metals Corp. (CSE: FE) (OTCQB: FEMFD), a publicly traded Canadian mineral exploration company, has inked a service agreement for a digital advertising campaign and closed on its previously announced private placement. The company announced that it is partnering with Native Ads Inc. for an anticipated six-month, $150,000 digital advertising campaign. Native Ads will provide strategic digital media services, marketing and data analytics services along with sponsored articles and other advertising development, ad campaign analytics and media buying and distribution support. The company also closed on its non-brokered private placement, resulting in gross proceeds of $1,500,000; the placement consisted of issuing 6,666,667 common shares at a price of $0.225 cents per share. According to the announcement, all issued securities will be subject to a four-month-plus-one-day statutory hold period.

In addition, the company also released key results of Drill Hole LC22-39 from its phase 2 exploratory drill program, which was conducted at its Augustus Lithium Property in Quebec, Canada. According to the results, the drill hole LC21-39 intersected three lithium pegmatites with the main 7.3-meter-wide pegmatite zone averaging 1.54% lithium oxide (“Li2O”) at 188.7 meter drilled depth. The results also indicated that the upper lithium pegmatite is 5.28 meters wide with 0.70% Li2O, or 3,262 parts per million lithium at 166 meter drilled depth; the middle pegmatite is 3.69 meters wide with 1.44% Li2O (6,680 ppm Li) at 175.31 meters drilled depth, and the lower main pegmatite is 7.3 meters wide with 1.54% Li2O (7,163 ppm Li) at 188.7 meters drilled depth. In addition, the drill hole showed anomalous values of other rare metals, including beryllium, cesium, niobium, rubidium and tantalum, in all pegmatite zones. According to the announcement, results of remaining drill holes from the company’s phase 2 drill program are pending.

To view the full press releases, visit https://ibn.fm/EyzEf and https://ibn.fm/7UdVh

About FE Battery Metals Corp.

FE Battery Metals is a Canadian mineral exploration company with a primary focus of acquiring mineral properties in the battery metal sector. The company’s goal is to identify, acquire and explore North American mineral prospects with a primary focus on lithium. It’s strategy is to acquire and advance projects through prospecting and early-stage exploration; source joint venture partners to finance future exploration and project development; and create shareholder value through exploration success. For more information about the company, please visit www.FirstEnergyMetals.com.

NOTE TO INVESTORS: The latest news and updates relating to FEMFF are available in the company’s newsroom at https://ibn.fm/FEMFF

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com

InvestorWire is part of the InvestorBrandNetwork.