Vancouver, British Columbia – June 30, 2023 – Lake Winn Resources Corp. (TSXV: LWR, OTC: EQTXF) (the “Company”) is pleased to announce that it has entered into a Corporate Advisory and Media Communications Agreement (the “Agreement”) with Vorticom, Inc. (“Vorticom”) and M. Davis & Associates Capital Inc. (“Davis” and together with Vorticom, the “Consultants”) to provide media advisory and communication facilitation services.
Pursuant to the terms and conditions of the Agreement, The Consultants will provide media advisory and communication facilitation services (the “Services”) to the Company for a minimum term of six (6) months (the “Term”), beginning on June 29, 2023. The Services will include, among others: (i) the generation of investment news media coverage, (ii) the development of marketing materials, and (iii) the provision of media-related consulting services.
In accordance with the Agreement and as consideration for the Services, the Company will issue to each Vorticom and Davis, 500,000 stock options carrying the right to purchase common shares in the capital of the Company (the “Options”). Each Option will have an exercise price of $0.08. The Options will be issued in accordance with the terms and conditions of the Company’s stock option plan and will expire 24 months after issuance. Aside from nominal cash consideration, the Consultants have not been compensated in any other manner. The Agreement remains subject to approval by the TSX Venture Exchange.
About Lake Winn
Lake Winn Resources Corp. is a mineral exploration company focused on advancing its 100% owned Little Nahanni Lithium Project (“LNLP”), which is located in the western Northwest Territories near the Yukon Border. The project covers 7,080 hectares that encompasses a 7 km long, and up to 500 m wide, lithium, tantalum, and tin pegmatite dyke swarm. Historical drilling and channel sampling on the Project confirms the presence of significant lithium, tantalum, and tin.
On Behalf of the Board of Directors of Lake Winn Resources Corp.
CEO and Director
Lake Winn Resources Corp.
Telephone: (604) 218-8772
“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”