Live Energy Minerals Corp. Announces Option Agreement for Saskatchewan Mineral Claims
Vancouver, British Columbia – April 10, 2025 – Live Energy Minerals Corp. (CSE: LIVE) (OTC Pink: GTREF) (“LIVE” or the “Company”), a mineral exploration company, is thrilled to share that it has entered into an option agreement with an arm’s length purchaser. According to the terms of the agreement, dated April 9, 2025 (the “Option Agreement”), LIVE has granted the purchaser, referred to here as the “Purchaser,” the exclusive right to acquire a 100% undivided interest in two mineral claims in totaling approximately 5,355 hectares, located in the Province of Saskatchewan (the “Property”).
Details of the Option Agreement
Under the Option Agreement, the Purchaser has been granted the following rights:
- Exclusive right to acquire a 100% interest in the Property
- Right to conduct due diligence on the Property
- Right to issue a notice of intention to exercise the Option within 120 days of the signing of the Option Agreement
- Right to pay the following fees upon exercise of the Option:
- CAD $10,000 upon signing of the Option Agreement
- CAD $50,000 upon issuance of a notice of intention
- CAD $150,000 upon completion of the acquisition
Impact on Live Energy Minerals Corp.
The option agreement represents an opportunity for LIVE to monetize its mineral claims in Saskatchewan. By granting the exclusive option to the Purchaser, LIVE can focus its resources on other exploration projects, while still retaining potential financial gains from this asset. This strategic move aligns with LIVE’s mission to maximize shareholder value through the acquisition and development of mineral properties.
Global Implications
The mining industry plays a significant role in the global economy, contributing to the production of essential resources such as metals, minerals, and fuels. The option agreement between LIVE and the Purchaser serves as a testament to the ongoing demand for mineral exploration and development. This deal may encourage other mineral exploration companies to pursue similar opportunities, contributing to the growth of the mining sector and the global economy.
Conclusion
Live Energy Minerals Corp.’s entry into an option agreement for mineral claims in Saskatchewan signifies a strategic move to monetize an asset while focusing on other exploration projects. The global implications of this deal underscore the ongoing demand for mineral exploration and development, contributing to the growth of the mining sector and the global economy. LIVE continues to prioritize its mission to maximize shareholder value through the acquisition and development of mineral properties.
