Electric Metals (USA) Limited Announces Agreement to Sell Non-Core Nevada Silver Assets

Core Viewpoint - Electric Metals (USA) Limited has entered into a definitive purchase and sale agreement to sell its wholly owned subsidiaries and related assets to Ameerex Corporation for an initial payment of US$300,000 [1] Group 1: Transaction Details - The agreement is effective as of January 30, 2026 [1] - The subsidiaries being sold include North American Silver Corporation and Centennial Mining [1] - The assets involved in the transaction are located in Nye County, Nevada, and include the Corcoran silver-gold and Belmont silver properties [1] Group 2: Asset Description - The assets consist of unpatented federal lode mining claims and certain lease purchase options on patented mining claims [1]