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About CDN Maverick Capital Corp. (AXVEF)
CDN Maverick Capital Corp. is a diversified exploration company dedicated to advancing critical mineral projects across North and South America. With a strong focus on lithium, a key component in the global energy transition, the company strategically acquires, develops, and manages high-potential mining claims in emerging mineral districts. CDN Maverick operates with a commitment to sustainable exploration practices and ESG principles, positioning itself as a forward-thinking player in the critical minerals sector.
Core Business Focus
The company’s primary business involves the exploration and development of mining properties with a focus on critical minerals, particularly lithium. CDN Maverick’s portfolio spans multiple jurisdictions, including:
- James Bay, Quebec: The Poncheville and Chabinoche Lithium Prospects cover a vast 157,000-hectare area, strategically located in one of North America’s most promising lithium districts. These properties are road-accessible and adjacent to significant lithium discoveries, offering district-scale exploration potential.
- Electric Avenue, Ontario: The Northwind Lake Lithium Property spans 7,040 hectares in the Red Lake area, near the high-grade PAK Lithium Project. This emerging lithium pegmatite exploration camp is a key focus area for the company.
- Rainbow Canyon, Nevada: A gold exploration project that complements the company’s critical minerals portfolio.
In addition to its direct exploration efforts, CDN Maverick holds equity stakes in other lithium-focused companies, further diversifying its exposure to the sector:
- NOA Lithium Brines Inc.: CDN Maverick holds over 6 million shares and 3 million warrants in this company, which is actively exploring lithium brine resources in Argentina’s prolific Lithium Triangle.
- Noram Lithium Corp.: The company owns over 1.6 million shares in Noram Lithium, which is advancing the Zeus lithium clay project in Clayton Valley, Nevada.
Strategic Positioning
CDN Maverick’s approach combines direct exploration with strategic investments, enabling it to capitalize on the growing demand for lithium and other critical minerals. By focusing on properties in established and emerging lithium districts, the company aims to build a robust portfolio that offers both near-term exploration upside and long-term value creation. Its commitment to ESG-friendly practices and the use of advanced technologies for land management and exploration further enhance its competitive position.
Commitment to Sustainable Development
CDN Maverick is deeply committed to sustainable exploration and development. The company works with specialized land management service providers to ensure regulatory compliance and optimize its exploration strategies. By leveraging geomatics and IT-based systems, CDN Maverick aims to protect its investments while minimizing environmental impact.
Opportunities and Challenges
The company operates in a highly competitive and capital-intensive industry. Key challenges include securing funding for exploration, navigating complex regulatory environments, and managing market volatility in critical mineral prices. However, CDN Maverick’s strategic focus on high-potential lithium districts, coupled with its diversified asset base and ESG commitments, positions it well to capitalize on the growing demand for critical minerals driven by the global shift toward renewable energy and electric vehicles.
CDN Maverick Capital Corp. continues to evaluate new acquisition opportunities and partnerships to expand its portfolio and enhance shareholder value. The company’s dual strategy of exploration and investment underscores its commitment to becoming a significant player in the critical minerals space.
CDN Maverick Capital (CSE: CDN) (OTCQB: AXVEF) has announced several key updates. The company has renegotiated its Nevasca Lithium property agreement and increased its stake in NOA Lithium Brines to 6,057,105 common shares and 3,296,470 warrants. The final property payment terms were revised from US$1M (split between cash and shares) to US$500K in cash, with the net smelter royalty repurchase price reduced to US$500K.
The company highlighted its 157,000-hectare lithium exploration portfolio in James Bay, Quebec, notably the Poncheville prospect adjacent to Q2 Metals' Cisco property. Despite current lithium market challenges, with prices dropping from $80,000 to $10,000 per ton, management remains optimistic about long-term growth opportunities, citing recent industry M&A activities. The company's AGM saw the approval of all matters, including the election of five directors and the Omnibus Incentive Plan.
CDN Maverick Capital Corp. (CSE: CDN) (OTCQB: AXVEF) reports on its investment in NOA Lithium Brines Inc. (TSXV: NOAL), which has filed an updated NI 43-101 Technical Report for its Rio Grande Project. The report includes results from the fifth drill hole and a CSAMT survey, leading to a 24% increase in the Mineral Resource Estimate to 4,697,000 tonnes of Lithium Carbonate Equivalent (LCE) with an average concentration of 525 mg/l.
Key highlights include:
- 42% increase in Measured resources to 2,094,000 tonnes of LCE
- 38% increase in Measured and Indicated resources to 2,658,000 tonnes of LCE
- Addition of 616,000 tonnes of LCE in Measured resources at 571 mg/l
- 123,000 tonnes of LCE added to Indicated resources at 594 mg/l
- 159,000 tonnes of LCE added to Inferred resources at 468 mg/l
CDN Maverick Capital Corp. (OTCQB: AXVEF) has amended its Nevasca Property agreement with NOA Lithium, receiving $50,000 in cash and 2,064,750 NOA Lithium shares as part of the third payment. This increases Maverick's stake in NOA Lithium to over 3.1 million shares. The amendment was strategic to benefit from NOA Lithium's recent expansion of its Rio Grande Salar Lithium Project, which grew by 65% to 3,799,000 tonnes of LCE. Additionally, CDN Maverick updated its investment status in Noram Lithium, which announced a new Mineral Resource Estimate for its Zeus project. Noram's indicated resources now include 564 million tonnes grading 956 ppm lithium, with a high-grade core zone having 166 million tonnes at 1,121 ppm lithium, promising a significant future supply of battery-grade lithium carbonate.
CDN Maverick Capital Corp. expands its lithium prospects in James Bay by adding 110,000 hectares through a purchase agreement with Shawn Ryan. The company now controls 150,000 hectares of highly prospective ground for high-value minerals and metals, including lithium. Maverick also completes the acquisition of the Northwind Lake Property, located in the Electric Avenue Lithium District. Additionally, the company hires In Good Standing for land management services to optimize regulatory compliance and asset monitoring.
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