Roadman Signs Option Agreement with Lithium 3 Exploration Corp.
February 3, 2022 – TheNewswire – Vancouver, British Columbia – Roadman Investments Corp. (TSXV:LITT) (FWB:1QD) (OTC:RMANF) (“Roadman” or the “Company”) is pleased to announce that Roadman and its wholly owned subsidiary Hard Rock Lithium Corp., have signed an Option Agreement (the “Option” or “Agreement”) dated February 3, 2022 to option 100% interest in the Ingraham Trail Lithium Property to Lithium 3 Exploration Corp. (“Lithium 3”). The Ingraham Trail Lithium Property is an exploration property hosting spodumene pegmatite dykes located roughly 40kms east of Yellowknife, Northwest Territories, Canada. The property consists of three adjacent claims covering a total of 132 hectares.
Under the terms of the Option Agreement, Lithium 3, a private company incorporated in British Columbia, will issue Roadman 6,000,000 common shares (the “Shares”).
“As an investment issuer, Roadman is restricted from directly exploring resource projects, so optioning our Ingraham Trail Lithium Project will allow Lithium 3 to advance the project while benefiting Roadman from any successes,” stated Luke Montaine, CEO of Roadman.
About Roadman Investments Corp.
Roadman Investments is a Canadian Venture Capital and Advisory Firm that strives to actively drive innovation and accelerate growth within its portfolio holdings. Roadman looks for companies and investments, both private and public, that offer potential growth opportunities.
For more information, please contact
Luke Montaine
CEO
Cautionary and Forward-Looking Statements
This news release includes certain statements that constitute “forward-looking information” within the meaning of financial and business prospects of the Company, and other matters. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, anticipated costs and the ability to achieve goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks.
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