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Monday, March 21, 2022 1:20:44 PM
It is MATERIAL INFORMATION AS $1.375M FINANCING IF OUTSIDE THE COMMON DAY TO DAY TRANSACTION
The transactions were effected by and between USA Lithium Holdings Corporation ("USAL"), a wholly owned subsidiary company of GNCC Capital, Inc. and American Lithium Minerals, Inc. (AMLM.PK) ("AMSL"). The financing on a secured basis has been provided by Premier Futures, Inc. ("PFI") which is a wholly owned subsidiary Company of Premier Development & Investment, Inc. (PDIV.PK) ("Premier". Premier is the single largest shareholder of GNCC.
PFI is providing cash advances to USAL totaling no less than $1,375,000 in respect of this transaction.
Premier has elected not to announce nor to make any Regulatory Filings in respect of these transactions as it is not deemed to be a material transaction for Premier.
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