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Aston Bay Announces Closing of the Option Agreement with American West Metals Limited for the High-Grade Storm Project


Aston Bay Announces Closing of the Option Agreement with American West Metals Limited for the High-Grade Storm Project
ACCESSWIRE
TORONTO, ON / ACCESSWIRE / May 3, 2021 / Aston Bay Holdings Ltd. (TSX-V:BAY); (OTCQB:ATBHF) (
Aston Bay or the
Company ) is pleased to announce that it has closed its previously announced transaction with American West Metals Limited (
AWML ), a private Australian company, and Tornado Metals Ltd. (
American West ), a wholly-owned subsidiary of AWML. Pursuant to the option agreement dated March 9, 2021, which was approved by the Company s shareholders at the annual and special meeting held on April 22, 2021, and having made the closing payment of $500,000 to the Company, American West now has an option to earn an 80% interest in Aston Bay s 100% owned property located on western Somerset Island, Nunavut which hosts the high-grade Storm Copper Project and the high-grade Seal Zinc Deposit by spending a minimum of $10 million o ....

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InZinc Enters into Option Agreement on West Desert


Vancouver, British Columbia (Newsfile Corp. - April 16, 2021) -
InZinc Mining Ltd. (TSXV: IZN) ( InZinc or the Company ) is pleased that, further to the news release of December 22, 2020, it has entered into an agreement (the Option Agreement ) with American West Metals Limited ( American West ), a private Australian company, pursuant to which InZinc granted to a wholly-owned subsidiary of American West an option ( Option ) to earn a 100% interest in InZinc s West Desert project ( West Desert ) located in Utah, USA. The Option Agreement is subject to, among other things, shareholder and regulatory approval.
The proposed option agreement will benefit InZinc with improved financial flexibility and exposure to a broader, active portfolio of North American zinc and copper projects. The proposed shareholding in American West will provide InZinc continuing leverage at West Desert as a planned multi-year drill campaign to advance to prefeasibility is undertaken as well as ex ....

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