Electric Metals Announces Marketing Agreement With NAI Interactive

Rhea-AI Summary

Electric Metals (EMUSF) has signed a marketing agreement with NAI Interactive running from January 1, 2025 to January 2, 2026. Under the agreement, NAI will translate EML's promotional and public disclosure materials into Mandarin and traditional Chinese, distributing them to over 30,000 members through the NAI 500 platform.

The company has paid a one-time fee of CAD $20,000 for these marketing services. Gilbert Chan, NAI's President, is an EML shareholder through a previous private placement. The agreement is pending TSX Venture Exchange approval.

Positive

• Enhanced market exposure to 30,000+ Chinese investors through NAI 500 platform
• Strategic expansion into Chinese-speaking markets through professional translation services

Negative

• Additional marketing expense of CAD $20,000 impacting cash reserves

TORONTO, ON / ACCESS Newswire / March 28, 2025 / Electric Metals (USA) Limited ("EML" or the "Company") (TSXV:EML)(OTCQB:EMUSF) announces it has entered into a marketing agreement with NAI Interactive Ltd. ("NAI") from January 1, 2025 to January 2, 2026.

Under the terms of the agreement, NAI will translate Electric Metals promotional and public disclosure materials, including fact sheets, investor presentations, and news releases into Mandarin and traditional Chinese, and distribute them to its network of more than 30,000 members. The Company will also be featured on the NAI 500 platform (http://www.nai500.com/).

In consideration of the marketing services, EML has paid NAI Interactive a one-time fee of CAD $20,000.

EML has no relationship with NAI Interactive other than the marketing services agreement described herein. Gilbert Chan, President of NAI, is a shareholder of EML as a result of subscribing to shares in the private placement of EML.

The engagement of NAI 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 marketing agreement with NAI Interactive, 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

What is the duration of Electric Metals' (EMUSF) marketing agreement with NAI Interactive?

The marketing agreement runs from January 1, 2025 to January 2, 2026.

How much did Electric Metals (EMUSF) pay for NAI Interactive's marketing services?

Electric Metals paid a one-time fee of CAD $20,000 for the marketing services.

What services will NAI Interactive provide to Electric Metals (EMUSF)?

NAI will translate EML's promotional materials and public disclosures into Mandarin and traditional Chinese, distributing them to over 30,000 members via the NAI 500 platform.

Is the marketing agreement between Electric Metals (EMUSF) and NAI Interactive finalized?

No, the agreement is still subject to TSX Venture Exchange approval.