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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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