HOW THE HELL DID I MISS THIS!
They announced yesterday that they are doing a deal on a lithium property in Quebec. That's huge. It's the best jurisdiction in Canada for mining and has several lithium producers going into production.
I wish I had seen this before the market closed today.
Google Quebec and lithium and you'll see what I'm talking about.
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On December 1, 2017, All American Energy Corp. (the “Company”) entered into a Letter of Intent whereby
it will sign a definitive agreement no later than December 31, 2017 to acquire 100% of the Quadra Lithium
Claims of Contigo Resources Ltd., a corporation incorporated in the Province of British Columbia, Canada
(“Contigo”), through the issuance of 700,000 restricted common shares, $20,000 USD payable within four
months and a 2% Net Smelter Returns Royalty.
Contigo owns 100% of sixty mining claims totaling 7840 acres named the Quadra Lithium Claims located in
the Baie James region of Northern Quebec, Canada.
The prior LOI dated August 29, 2017, the Company completed due diligence on the property in Arizona, and
decided not to execute a definitive agreement.
