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Canter Resources Provides Corporate Updates and Comments on Potential Impact of Tariffs on Lithium and Boron Markets

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Canter Resources Corp (CSE: CRC, OTC: CNRCF) provides insights on potential tariff impacts on lithium and boron markets. The company highlights how upcoming significant tariffs could enhance the importance of U.S.-based critical metals projects, particularly noting the recent $1 billion DOE funding for Ioneer's Rhyolite Ridge Project, located 27km south of Canter's Columbus Lithium-Boron Project in Nevada.

The company expects trade restrictions to accelerate domestic investment in critical mineral projects, supporting EV batteries and advanced technology supply chains. Notably, boron is anticipated to join the USGS Critical Metals List in 2025, with growing demand in agriculture, semiconductors, and clean energy applications.

The company also announced corporate updates including its upcoming virtual Annual General Meeting on May 7, 2025, participation in the Fastmarkets Lithium Conference, and the granting of 2,400,000 stock options at $0.07 per share to directors, officers, and consultants.

Canter Resources Corp (CSE: CRC, OTC: CNRCF) fornisce approfondimenti sugli impatti tariffari potenziali sui mercati del litio e del boro. L'azienda sottolinea come le imminenti tariffe significative potrebbero aumentare l'importanza dei progetti di metalli critici negli Stati Uniti, notando in particolare il recente finanziamento di 1 miliardo di dollari del DOE per il Progetto Rhyolite Ridge di Ioneer, situato a 27 km a sud del Progetto Litio-Boro di Canter a Columbus, in Nevada.

L'azienda prevede che le restrizioni commerciali accelereranno gli investimenti interni nei progetti di minerali critici, supportando le batterie per veicoli elettrici e le catene di approvvigionamento per tecnologie avanzate. È degno di nota che il boro è previsto entrare nella Lista dei Metalli Critici dell'USGS nel 2025, con una domanda crescente in agricoltura, semiconduttori e applicazioni per l'energia pulita.

L'azienda ha anche annunciato aggiornamenti aziendali, inclusa la prossima Assemblea Generale Annuale virtuale del 7 maggio 2025, la partecipazione alla Conferenza sul Litio di Fastmarkets e la concessione di 2.400.000 opzioni su azioni a 0,07 dollari per azione a dirigenti, funzionari e consulenti.

Canter Resources Corp (CSE: CRC, OTC: CNRCF) proporciona información sobre los posibles impactos arancelarios en los mercados de litio y boro. La empresa destaca cómo los próximos aranceles significativos podrían aumentar la importancia de los proyectos de metales críticos en EE. UU., señalando en particular la reciente financiación de 1 mil millones de dólares del DOE para el Proyecto Rhyolite Ridge de Ioneer, ubicado a 27 km al sur del Proyecto de Litio-Boro de Canter en Columbus, Nevada.

La empresa espera que las restricciones comerciales aceleren la inversión nacional en proyectos de minerales críticos, apoyando las baterías para vehículos eléctricos y las cadenas de suministro de tecnología avanzada. Es notable que se anticipa que el boro se una a la Lista de Metales Críticos de la USGS en 2025, con una creciente demanda en agricultura, semiconductores y aplicaciones de energía limpia.

La empresa también anunció actualizaciones corporativas, incluida su próxima Asamblea General Anual virtual el 7 de mayo de 2025, su participación en la Conferencia de Litio de Fastmarkets, y la concesión de 2,400,000 opciones sobre acciones a 0.07 dólares por acción a directores, funcionarios y consultores.

Canter Resources Corp (CSE: CRC, OTC: CNRCF)는 리튬 및 붕소 시장에 대한 잠재적인 관세 영향에 대한 통찰력을 제공합니다. 이 회사는 다가오는 중요한 관세가 미국 기반의 핵심 금속 프로젝트의 중요성을 높일 수 있음을 강조하며, 특히 네바다주 캔터의 콜럼버스 리튬-붕소 프로젝트에서 남쪽으로 27km 떨어진 곳에 위치한 아이오니어의 라이올라이트 리지 프로젝트에 대해 미 에너지부(DOE)에서 10억 달러의 자금을 지원한 것을 언급합니다.

회사는 무역 제한이 핵심 광물 프로젝트에 대한 국내 투자를 가속화하여 전기차 배터리 및 고급 기술 공급망을 지원할 것으로 예상합니다. 특히 붕소는 2025년 USGS의 핵심 금속 목록에 포함될 것으로 예상되며, 농업, 반도체 및 청정 에너지 응용 분야에서 수요가 증가하고 있습니다.

회사는 또한 2025년 5월 7일에 예정된 가상 연례 총회, 패스트마켓 리튬 회의 참여 및 이사, 임원 및 컨설턴트에게 주당 0.07달러로 2,400,000주 옵션을 부여하는 등 기업 업데이트를 발표했습니다.

Canter Resources Corp (CSE: CRC, OTC: CNRCF) fournit des informations sur les impacts tarifaires potentiels sur les marchés du lithium et du bore. L'entreprise souligne comment les futurs tarifs significatifs pourraient accroître l'importance des projets de métaux critiques basés aux États-Unis, en notant en particulier le récent financement de 1 milliard de dollars du DOE pour le projet Rhyolite Ridge d'Ioneer, situé à 27 km au sud du projet Lithium-Bore de Canter à Columbus, dans le Nevada.

L'entreprise s'attend à ce que les restrictions commerciales accélèrent l'investissement national dans les projets de minéraux critiques, soutenant les batteries de véhicules électriques et les chaînes d'approvisionnement en technologies avancées. Notamment, le bore devrait rejoindre la liste des métaux critiques de l'USGS en 2025, avec une demande croissante dans l'agriculture, les semi-conducteurs et les applications d'énergie propre.

L'entreprise a également annoncé des mises à jour d'entreprise, y compris sa prochaine assemblée générale annuelle virtuelle le 7 mai 2025, sa participation à la conférence sur le lithium de Fastmarkets, et l'octroi de 2 400 000 options d'achat d'actions à 0,07 $ par action à ses directeurs, dirigeants et consultants.

Canter Resources Corp (CSE: CRC, OTC: CNRCF) bietet Einblicke in potenzielle Zollauswirkungen auf die Märkte für Lithium und Bor. Das Unternehmen hebt hervor, wie bevorstehende erhebliche Zölle die Bedeutung von in den USA ansässigen Projekten für kritische Metalle erhöhen könnten, insbesondere unter Hinweis auf die kürzliche Finanzierung in Höhe von 1 Milliarde Dollar des DOE für das Rhyolite Ridge-Projekt von Ioneer, das 27 km südlich des Lithium-Bor-Projekts von Canter in Columbus, Nevada, liegt.

Das Unternehmen erwartet, dass Handelsbeschränkungen die inländischen Investitionen in Projekte für kritische Mineralien beschleunigen, was die Batterien für Elektrofahrzeuge und die Lieferketten für fortschrittliche Technologien unterstützt. Bemerkenswert ist, dass Bor voraussichtlich 2025 in die Liste der kritischen Metalle der USGS aufgenommen wird, mit einer wachsenden Nachfrage in der Landwirtschaft, bei Halbleitern und in Anwendungen für saubere Energie.

Das Unternehmen kündigte auch Unternehmensupdates an, einschließlich der bevorstehenden virtuellen Hauptversammlung am 7. Mai 2025, der Teilnahme an der Fastmarkets Lithium-Konferenz und der Gewährung von 2.400.000 Aktienoptionen zu 0,07 USD pro Aktie an Direktoren, Führungskräfte und Berater.

Positive
  • Strategic location near $1B DOE-funded Rhyolite Ridge Project
  • Boron expected to be added to USGS Critical Metals List in 2025
  • Project positioned to benefit from potential tariff-driven domestic investment
Negative
  • Columbus Project still at early exploration stage
  • Stock options grant at $0.07 may cause dilution

Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) ("Canter" or the "Company") comments on the potential impact of tariffs on the lithium and boron markets and provides corporate updates.

With significant tariffs set to take effect across many industries, Canter is preparing for what it expects could be a significant impact on the importance of U.S. based critical metals exploration and development projects.

While tariffs and supply chain disruptions could drive up costs for downstream industries reliant on imported materials, these pressures may accelerate domestic investment in critical mineral projects, as seen with the recent nearly $1 billion U.S. Department of Energy funding package supporting Ioneer's Rhyolite Ridge Lithium-Boron Project, located just 27 kilometres (17 miles) south of Canter's own Columbus Lithium-Boron Project in Nevada. Such projects are positioned to reduce reliance on imports and bolster national security by establishing a more self-sufficient supply chain for EV batteries and numerous other emerging technologies within the advanced computing, clean energy and defense sectors.

"Overall, trade wars create volatility and uncertainty in the market; however, they also highlight the strategic importance of domestic supply of critical materials like lithium and boron, potentially increasing their value and prioritization in U.S. policy and investment," commented CEO Joness Lang. "The environment we will be operating in for the foreseeable future is one that will aim to reduce reliance and dependence on imports from certain foreign sources, with domestic funding incentives to accelerate growth on the back of critical/strategic mineral discoveries. We believe our Columbus Project represents a significant opportunity to contribute to future domestic supply."

Notably, Ioneer Ltd. recently announced a significant increase in the mineral resource estimate (MRE) for Rhyolite Ridge (see Ioneer's news release dated March 5, 2025). The updated MRE emphasizes the flexibility of boron as a co-product, which can provide a steady revenue stream during periods of lower lithium prices. While Canter's Columbus Lithium-Boron Project is at an exploration-stage, it shares the same commodity mix and volcanic source rocks that feed Rhyolite Ridge (sediment hosted) and is located just 27 kilometres (17 miles) north.

Mineralization at nearby or adjacent properties is not necessarily indicative of mineralization at the Company's Columbus Project.

Already considered a strategic mineral by the U.S. Department of Defense, boron is expected to be added to the USGS Critical Metals List in 2025. Its role as a critical material continues to grow, with market demand driven by its applications in agriculture, glass, ceramics, and emerging advanced technologies such as semiconductors, electric vehicles, clean energy (solar, wind turbines, nuclear) and military and aerospace applications. These developments further validate Canter's strategic focus on exploring and advancing its lithium-boron projects, positioning the Company to benefit from the increasing demand for these essential materials.

For more information, contact investors@canterresources.com for a copy of the Company's investor brief on boron and visit https://canterresources.com/boron-101.

Upcoming Events

Annual General Meeting

Canter's 2025 Annual General and Special Meeting of Shareholders (the "Meeting") will be held virtually via Microsoft Teams on Wednesday, May 7, 2025, at 10:00 AM Pacific Time.

The Meeting will address several key items, including the presentation of the Company's audited financial statements for the year ended June 30, 2024, the election of directors, the re-appointment of the Company's auditor, and other important corporate matters as outlined in the management information circular.

For voting instructions or to request a paper copy of the meeting materials, shareholders may contact the Company or its transfer agent.

Fastmarkets Lithium Supply and Battery Raw Materials Conference 2025

Canter's management team will be attending the Fastmarkets Lithium Supply & Battery Raw Materials Conference in Las Vegas (June 23-26). This event provides a valuable opportunity for Canter to connect with industry leaders, explore emerging trends, and share insights on sustainable lithium and boron resource exploration and development.

To request a meeting with management, please contact info@canterresources.com.

Option Grant

The Company announces that it has granted its first option issuance since completing its personnel transformation at the corporate level during 2024. The Company has granted 2,400,000 incentive stock options to certain directors, officers, advisors and consultants, exercisable at $0.07 per share, for a period of five (5) years from the date of grant. Fifty percent of the incentive stock option grant vests immediately, with the other fifty percent vesting 12 months from the date of grant.

Qualified Person (QP)

The technical information contained in this news release was reviewed and approved by Eric Saderholm P.Geo, Director and Technical Advisor of Canter Resources, a Qualified Person (QP), as defined under National Instrument 43- 101 - Standards of Disclosure for Mineral Projects.

About Canter Resources Corp.

Canter Resources Corp. is a junior mineral exploration company advancing the Columbus Lithium-Boron Project and the Railroad Valley (RV) Lithium-Boron Project in Nevada, USA. The Company is completing a phased drilling approach at Columbus to test highly prospective brine targets at varying depths for lithium-boron enrichment and plans to leverage the Company's critical metals targeting database to generate a portfolio of high-quality projects with the aim of defining mineral resources that support the technology and domestic clean energy supply chains in North America.

On behalf of the Board of Directors.

For further information contact:

Joness Lang
Chief Executive Officer
Canter Resources Corp.
Tel: 778.382.1193
jlang@canterresources.com

For investor inquiries contact:

Kristina Pillon, High Tide Consulting Corp.
Tel: 604.908.1695
investors@canterresources.com

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.

FORWARD-LOOKING STATEMENTS

This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the Company's plans for the Project and the payments related thereto, the issuance of the Consideration Shares and the Company's expected exploration activities.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: requirements for additional capital; future prices of minerals; changes in general economic conditions; changes in the financial markets and in the demand and market price for commodities; other risks of the mining industry; the inability to obtain any necessary governmental and regulatory approvals; changes in laws, regulations and policies affecting mining operations; hedging practices; and currency fluctuations.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247986

FAQ

What is the potential impact of tariffs on Canter Resources (CNRCF) Columbus Project?

Tariffs could increase the strategic value of CNRCF's Columbus Project as a domestic lithium-boron source, potentially attracting more investment and policy support for U.S.-based critical mineral projects.

How close is CNRCF's Columbus Project to Ioneer's Rhyolite Ridge Project?

Canter's Columbus Project is located 27 kilometers (17 miles) north of Ioneer's Rhyolite Ridge Project in Nevada.

What are the details of CNRCF's 2025 stock option grant?

CNRCF granted 2,400,000 stock options at $0.07 per share, with 50% vesting immediately and 50% vesting after 12 months, exercisable for 5 years.

When is Canter Resources (CNRCF) holding its 2025 Annual General Meeting?

CNRCF's virtual Annual General Meeting is scheduled for May 7, 2025, at 10:00 AM Pacific Time via Microsoft Teams.
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