Electric Metals Announces Business Consulting Services Agreement With Terrella Capital
Electric Metals USA (EMUSF) has entered into a 6-month business consulting services agreement with Terrella Capital from April 11, 2025 to October 11, 2025. Under the agreement, Terrella will analyze market interest and monitor capital market sentiment toward Company stock value.
The Company will pay Terrella a monthly fee of $10,000 plus HST. Additionally, subject to TSX Venture Exchange approval, EML plans to grant Terrella 250,000 stock options at $0.20 per share, exercisable for 18 months. The options will vest quarterly in 62,500 installments over 12 months, contingent on Terrella's continued engagement.
Electric Metals USA (EMUSF) ha stipulato un accordo di consulenza aziendale della durata di 6 mesi con Terrella Capital, valido dall'11 aprile 2025 all'11 ottobre 2025. Secondo l'accordo, Terrella analizzerà l'interesse del mercato e monitorerà il sentiment del mercato dei capitali riguardo al valore delle azioni della Società.
La Società corrisponderà a Terrella un compenso mensile di 10.000 $ più HST. Inoltre, soggetto all'approvazione della TSX Venture Exchange, EML intende concedere a Terrella 250.000 opzioni azionarie a 0,20 $ per azione, esercitabili per 18 mesi. Le opzioni matureranno trimestralmente in tranche da 62.500 azioni nell'arco di 12 mesi, a condizione che Terrella continui il suo impegno.
Electric Metals USA (EMUSF) ha firmado un acuerdo de servicios de consultoría empresarial por 6 meses con Terrella Capital, desde el 11 de abril de 2025 hasta el 11 de octubre de 2025. Según el acuerdo, Terrella analizará el interés del mercado y supervisará el sentimiento del mercado de capitales respecto al valor de las acciones de la Compañía.
La Compañía pagará a Terrella una tarifa mensual de 10,000 $ más HST. Además, sujeto a la aprobación de la TSX Venture Exchange, EML planea otorgar a Terrella 250,000 opciones sobre acciones a 0.20 $ por acción, ejercitables durante 18 meses. Las opciones se consolidarán trimestralmente en cuotas de 62,500 acciones durante 12 meses, condicionado al compromiso continuo de Terrella.
Electric Metals USA (EMUSF)는 2025년 4월 11일부터 2025년 10월 11일까지 6개월간 Terrella Capital과 비즈니스 컨설팅 서비스 계약을 체결했습니다. 계약에 따라 Terrella는 시장 관심도를 분석하고 회사 주식 가치에 대한 자본 시장 심리를 모니터링할 예정입니다.
회사는 Terrella에게 매달 10,000달러와 HST를 지급합니다. 또한 TSX 벤처 거래소의 승인을 조건으로, EML은 Terrella에게 주당 0.20달러에 250,000 주식 옵션을 부여할 계획이며, 이는 18개월 동안 행사 가능합니다. 옵션은 Terrella의 지속적인 참여를 조건으로 12개월 동안 분기별로 62,500주씩 권리가 부여됩니다.
Electric Metals USA (EMUSF) a conclu un contrat de services de conseil commercial de six mois avec Terrella Capital, du 11 avril 2025 au 11 octobre 2025. Dans le cadre de cet accord, Terrella analysera l'intérêt du marché et surveillera le sentiment du marché des capitaux concernant la valeur des actions de la Société.
La Société versera à Terrella des honoraires mensuels de 10 000 $ plus la TPS. De plus, sous réserve de l'approbation de la TSX Venture Exchange, EML prévoit d'accorder à Terrella 250 000 options d'achat d'actions au prix de 0,20 $ par action, exerçables pendant 18 mois. Les options seront acquises trimestriellement par tranches de 62 500 sur 12 mois, sous réserve de l'engagement continu de Terrella.
Electric Metals USA (EMUSF) hat eine sechsmonatige Beratungsvereinbarung mit Terrella Capital abgeschlossen, gültig vom 11. April 2025 bis zum 11. Oktober 2025. Im Rahmen der Vereinbarung wird Terrella das Marktinteresse analysieren und die Stimmung am Kapitalmarkt in Bezug auf den Aktienwert des Unternehmens überwachen.
Das Unternehmen zahlt Terrella eine monatliche Gebühr von 10.000 $ zuzüglich HST. Zusätzlich plant EML, vorbehaltlich der Genehmigung durch die TSX Venture Exchange, Terrella 250.000 Aktienoptionen zu einem Preis von 0,20 $ pro Aktie zu gewähren, die für 18 Monate ausübbar sind. Die Optionen werden vierteljährlich in Tranchen von 62.500 über 12 Monate hinweg übertragen, vorausgesetzt, Terrella bleibt weiterhin engagiert.
- Enhanced market monitoring and investor relations capabilities through professional consulting services
- Monthly consulting expenses of $10,000 plus HST increase operational costs
- Potential shareholder dilution from 250,000 stock options grant
TORONTO, ON / ACCESS Newswire / April 15, 2025 / Electric Metals (USA) Limited ("EML" or the "Company") (TSXV:EML)(OTCQB:EMUSF) announces it has entered into a business consulting services agreement with Terrella Capital Ltd. ("Terrella") from April 11, 2025 to October 11, 2025.
Under the terms of the agreement, Terrella will research open market interest from investors within the context of bid/ask/volume price movements and will monitor and advise of any irregularities in capital market sentiment toward Company stock value.
In consideration of the business services, EML will pay Terrella a fee of
Subject to approval by the TSX Venture Exchange, and pursuant to the Company's Stock Option Plan, the Company intends to grant Terrella 250,000 stock options, exercisable at a price of
The engagement of Terrella is subject to the approval of the TSX Venture Exchange.
About Electric Metals (USA) Limited
Electric Metals (USA) Limited (TSXV: EML) (OTCQB: EMUSF) is a US-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy. The Company's principal asset is the Emily Manganese Project in Minnesota, the highest-grade manganese deposit in North America, which has been the subject of considerable technical studies, including National Instrument 43-101 Technical Reports - Resource Estimates. The Company's mission in Minnesota is to become a domestic US producer of high-value, high-purity manganese metal and chemical products to supply the North American electric vehicle battery, technology and industrial markets. With manganese playing a critical and prominent role in lithium-ion battery formulations, and with no current domestic supply or active mines for manganese in North America, the development of the Emily Manganese Project represents a significant opportunity for America, the State of Minnesota and for the Company's shareholders.
For further information, please contact:
Electric Metals (USA) Limited
Brian Savage
CEO & Director
(303) 656-9197
or
Valerie Kimball
Director Investor Relations
720-933-1150
info@electricmetals.com
Forward-Looking Information
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions.
Such statements in this news release include, without limitation: the Company's business services agreement with Terrella Capital Ltd.a, its mission to become a domestic US producer of high-value, high-purity manganese metal and chemical products to supply the North American electric vehicle battery, technology and industrial markets; that manganese will continue to play a critical and prominent role in lithium-ion battery formulations; that with no current domestic supply or active mines for manganese in North America, the development of the Emily Manganese Project represents a significant opportunity for America, Minnesota and for the Company's shareholders; and planned or potential developments in ongoing work by Electric Metals.
These statements address future events and conditions and so involve inherent risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such risks include, but are not limited to, the failure to obtain all necessary stock exchange and regulatory approvals; investor interest in participating in the Offering; and risks related to the exploration and other plans of the Company. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, updated conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.
All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Electric Metals (USA) Limited
View the original press release on ACCESS Newswire
FAQ
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