VANCOUVER, BC, Sept. 15,
2022 /CNW/ - Monumental Minerals Corp.
("Monumental" or the "Company") (TSXV: MNRL) (FSE:
BE5) (OTCQB: MNMRF) is pleased to announce that it has retained
Ocean Wall Ltd. to act as the Company's strategic and corporate
advisor. This will include introductions to significantly
capitalized funds across the globe and corporations looking to
secure a source of critical elements. Additional services will
include general corporate advisory services, business advisory
board assistance, merger and acquisition advice, advice around
corporate actions and preparation ahead of shareholder meetings and
AGMs.
Dr. Jamil Sader, CEO and Director
comments
"We are thrilled to retain and partner with Ocean Wall. Their deep
knowledge and understanding of capital markets, and their close
relationships with high-quality investors in Europe will help to open new doors for
Monumental. We also look forward to a utilizing Ocean Wall's
corporate advisory services and management expertise as
Monumental's lithium and rare earth projects grow and
evolve."
Nick Lawson, CEO of Ocean Wall
comments
"We are
delighted to be working with Monumental Minerals and its excellent
management team. They have a strong background of lithium
property development and have put together an excellent JV
portfolio with a strong on-the-ground team in Chile. We look
forward to a very successful partnership and to bringing this
exploration company through to a development company and
beyond."
About Ocean Wall Ltd.
Ocean Wall Ltd was established in 2019 in order to provide a
comprehensive, high-touch service advising on, and undertaking, the
raising of capital for the very best in class managers and
companies. Their aim is to go further than Ocean Wall's peers in
developing close relationships with allocators to establish their
exact investment criteria and thus present to them only suitable,
well researched and high-quality investment opportunities. Ocean
Wall remain actively involved throughout the cycle of the
investment and maintains close ties with their funds and private
companies thereby allowing them to continue to determine that an
investment is both suitable for each investor and performing in
line with pre-determined targets.
They can also fulfil an official role as the Investor Relations
contact and so will be the allocator's first port of call when they
have any queries regarding the performance and future direction of
their investment. Ocean Wall Limited is authorised and regulated by
the Financial Conduct Authority.
www.oceanwall.com
About Monumental Minerals
Corp.
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.
On behalf of the Board of Directors,
/s/ "Jamil Sader"
Jamil
Sader, Chief Executive Officer and Director
Contact Information:
Jamil Sader, Chief
Executive Officer and Director
Email: jsader@monumentalminerals.com
Or
Max Sali, VP Corporate
Development and Director
Email: msali@monumentalminerals.com
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.
Forward Looking
Information
This news release contains "forward–looking information or
statements" within the meaning of applicable securities laws, which
may include, without limitation, the potential plans for the
Company's projects, the expected benefits and outcomes from the
agreement with Ocean Wall, other statements relating to the
technical, financial and business prospects of the Company, its
projects and other matters. All statements in this news release,
other than statements of historical facts, that address events or
developments that the Company expects to occur, are forward-looking
statements. Although the Company believes the expectations
expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results may differ materially from
those in the forward-looking statements. Such statements 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, the ability to achieve
its goals, that general business and economic conditions will not
change in a material adverse manner and that financing will be
available if and when needed and on reasonable terms. Such
forward-looking information reflects the Company's views with
respect to future events and is subject to risks, uncertainties and
assumptions, including the risks and uncertainties relating to the
interpretation of exploration results, risks related to the
inherent uncertainty of exploration and cost estimates and the
potential for unexpected costs and expenses and those other risks
filed under the Company's profile on SEDAR at www.sedar.com. 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. 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,
failure to secure personnel and equipment for work programs,
adverse weather and climate conditions, risks relating to
unanticipated operational difficulties (including failure of
equipment or processes to operate in accordance with specifications
or expectations, cost escalation, unavailability of materials and
equipment, government action or delays in the receipt of government
approvals, industrial disturbances or other job action, and
unanticipated events related to health, safety and environmental
matters), risks relating to inaccurate geological assumptions,
failure to maintain all necessary government permits, approvals and
authorizations, failure to obtain surface access agreements or
understandings from local communities, land owners or Indigenous
groups, fluctuation in exchange rates, the impact of Covid-19 or
other viruses and diseases on the Company's ability to operate, an
inability to predict and counteract the effects of COVID-19 on the
business of the Company, including but not limited to, the effects
of COVID-19 on the price of commodities, capital market conditions,
restriction on labour and international travel and supply chains,
decrease in the price of rare earth elements, lithium, cesium and
other metals, loss of key employees, consultants, or directors,
failure to maintain community acceptance (including from the
Indigenous communities), increase in costs, litigation, and failure
of counterparties to perform their contractual obligations. The
Company does not undertake to update forward–looking statements or
forward–looking information, except as required by law.
SOURCE Monumental Minerals Corp.