Coloured Ties Joins University of British Columbia (UBC) Mineral Deposit Research Unit as Foundation Member

Rhea-AI Summary

Coloured Ties Capital Inc. (TSXV: TIE) has become a Foundation Member of the University of British Columbia's Mineral Deposit Research Unit (MDRU). The company has contributed CAD$35,000 to the MDRU and will partner with them on research and project generation in under and unexplored areas targeting critical mineral exploration in Canada. CTI maintains a portfolio of investments focused on mining and the discovery of critical minerals. In addition, CTI has entered into a service agreement with Maximus Strategic Consulting Inc. to produce and distribute engaging video content explaining the company's achievements and development plans.

Vancouver, British Columbia--(Newsfile Corp. - November 2, 2023) - Coloured Ties Capital Inc. (TSXV: TIE) (OTC Pink: APEOF) (FSE: 97A0) ("CTI" or the "Company") an investment company focused on business incubation and opportunities that disrupt their industry, is pleased announce that it has become a Foundation Member, along with the Company's CEO and Chairman becoming a Board Member, of the University of British Columbia's Mineral Deposit Research Unit (MDRU).

MDRU is an industry-funded research group established at The University of British Columbia to provide mineral exploration research, education, and professional training to the industry. They have expertise in gold deposits, porphyry copper systems, regional metallogeny, and the development of exploration tools, technologies, and strategies. They have research initiatives in the fields of geometallurgy, exploration geochemistry, tailings and CO2 mineralization. They are global, with projects around the world and a diversity of industry partners and collaborators. They accomplish research and training objectives with a team of experienced researchers, graduate students and contributing UBC faculty members.

As an integrated geological, geochemical and geophysical research group, they solve exploration and mining challenges through applied geoscientific research projects and professional development opportunities in an effort to enhance the value of member's exploration and mineral projects.

Through a contribution of CAD$35,000 to the MDRU, CTI joins the likes of major natural resource companies including Teck Resources, Rio Tinto, Newmont Mining, Barrick Gold and more, with projects in Canada and throughout the world. Among other holdings, CTI maintains a portfolio of investments focused on mining and the discovery of critical minerals. With the global green energy transition well underway, CTI will engage MRDU to partner on research and project generation in under and unexplored areas targeting critical mineral exploration in Canada.

Becoming a Foundation Member provides a host of supportive benefits including access to highly qualified people, analytical equipment, research archives and training opportunities. Within this collaborative community, the MDRU researchers provide consultation across a variety of areas, including applied mineralogy, litho-geochemistry, alteration vectoring, mineral chemistry, magmatic fertility, structural geology, carbonate footprints and more.

"Coloured Ties Capital is a 'project generator'. It incubates projects and start-up companies in a variety of sectors, including early stage mineral exploration. CTI is a natural fit as a founding member of The University of British Columbia's Mineral Deposit Research Unit. This allows us to introduce mineral exploration industry initiatives into MRDU to explore mineral projects that are in underexplored, and even entirely unexplored regions of the world amongst new critical minerals commodities," states Kal Malhi, CEO and Chairman of Coloured Ties Capital.

In further news, the Company is pleased to announce that it has entered into a service agreement dated October 31, 2023 (the "Pinnacle Digest Agreement") with Maximus Strategic Consulting Inc. Pinnacle Digest and PinnacleDigest.com are business names of Maximus Strategic Consulting Inc. ("Maximus"). Maximus will produce and distribute via Pinnacle Digest's weekly email newsletter, YouTube channel, social feeds and online advertising on Google platforms engaging video content (the "Content") intended to explain the Company's achievements and development plans for the future. Additionally, all of the Company's news releases during the term of the marketing program will be featured in Pinnacle Digest's weekly email newsletter. Maximus and its principals are arm's length from the Company and do not have any interest, direct or indirect, in the Company or its securities, nor do they have any right or intent to acquire such an interest.

For further information please contact:

Coloured Ties Capital Inc.
Kal Malhi Chief Executive Officer
kal@bullruncapital.ca

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 release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/186133

FAQ

What is Coloured Ties Capital Inc. (TSXV: TIE) announcing?

Coloured Ties Capital Inc. has become a Foundation Member of the University of British Columbia's Mineral Deposit Research Unit (MDRU).

What is the MDRU?

The MDRU is an industry-funded research group at The University of British Columbia that provides mineral exploration research, education, and professional training to the industry.

What is the partnership between CTI and MDRU about?

CTI will partner with MDRU on research and project generation in under and unexplored areas targeting critical mineral exploration in Canada.

What other companies are part of the MDRU?

Other companies that are part of the MDRU include Teck Resources, Rio Tinto, Newmont Mining, Barrick Gold, and more.

What other services has CTI announced?

CTI has entered into a service agreement with Maximus Strategic Consulting Inc. to produce and distribute engaging video content explaining the company's achievements and development plans.