MONUMENTAL MINERALS ANNOUNCES NAME CHANGE TO MONUMENTAL ENERGY CORP.
VANCOUVER, BC, Nov. 17, 2023 /CNW/ - Monumental Minerals Corp. ("Monumental" or the "Company") (TSXV: MNRL) (FSE: BE5) (OTCQB: MNMRF) is pleased to announce that it will be changing its name from "Monumental Minerals Corp." to "Monumental Energy Corp.". The name change will become effective on Tuesday, November 21, 2023 and, at the opening of the market on November 21, 2023, the Company's common shares will trade on the TSX Venture Exchange under the new name. In connection with the name change, the Company's trading symbol will be changed to "MNRG".
The CUSIP number assigned to the Company's common shares under its new name will be 61534D108. There is no consolidation of the Company's share capital in connection with the name change and, as a result, certificates representing common shares of the Company will not be affected by the name change and shareholders will not be required to exchange their shares or take any other action. Shareholders holding share certificates of the Company can request a replacement certificate, however new certificates are not required and will not be automatically issued.
Monumental Minerals Corp. is a mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties in the critical and electric metals sector. The Company's flagship asset is the Jemi HREE project located in Coahuila, Mexico near the Texas, USA border which the Company has an option to acquire 100% of the 3,650-hectare project. The Company has an option to acquire a 75% interest and title to the Laguna cesium-lithium brine project located in Chile and a 50.01% interest in the Salar De Turi lithium project in Chile.
On behalf of the Board of Directors,
/s/ "Michelle DeCecco"
Michelle DeCecco, Interim Chief Executive Officer and Director
Email: [email protected]
Max Sali, VP Corporate Development and Director
Email: [email protected]
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 news release.
Certain statements contained in this news release may constitute "forward–looking information or statements" within the meaning of applicable securities laws, including without limitation, statements that address the name and ticker symbol. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "expects" or "it is expected", or variations of such words and phrases or statements that certain actions, events or results "will" occur. These forward-looking statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, approvals and authorizations, capital market conditions, restriction on labour and international travel and supply chains, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, except as may be required by applicable securities laws.
SOURCE Monumental Minerals Corp.
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