NRG Metals Inc. Receives C$1.4 Million from Warrant Exercises

NRG Metals Inc. Receives C$1.4 Million

NRG Metals Inc. (TSX-V:$NGZ) is pleased to announce that during the month of October, it had 10, 349, 250 warrants exercised for proceeds of $1,374,845. Additionally, the company saw 875,000 stock options granted to consultants exercised for proceeds of $ 121,250. These warrants and stock option exercises have increased the Company’s working capital to approximately CDN $1.8 million.

Further warrant exercise is expected over the coming weeks.

NRG is now fully funded to complete the current drilling program at Salar Escondido. Further, the company is preparing a Phase One exploration program for the Salar Hombre Muerto Lithium Project while it awaits the completion of permitting. Negotiations on other acquisitions are ongoing.

NRG Metals Inc. is an exploration stage company evaluating two lithium brine projects in Argentina. With its headquarter based out of Vancouver, British Columbia, the company is awaiting additional exploration permits at additional projects in the Salta Province.

NRG currently sees 86,005,135 common shares issued and outstanding.

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