Megawatt Lithium & Battery Metals (WALRD)

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$WALRF Megawatt Lithium And Battery Metals Corp. Quarterly Report
https://www.otcmarkets.com/otcapi/company/financial-report/360848/content

Cobalt Hill
Pursuant to an option agreement dated February 5, 2018, amended on April 25, 2019 and July 3, 2020, the Company was granted an option to acquire a 100% undivided interest in certain Cobalt Hill mineral claims (“Cobalt Hill”) located in the Trail Creek Mining Division in British Columbia. In 2021, the Company fulfilled the terms of the option agreement and acquired a 100% undivided interest in Cobalt Hill

Tyr Silver Project and Century South Silver-Zinc Project On October 15, 2020, pursuant to the terms of the definitive agreement dated August 13, 2020, the Company closed the acquisition for 60% of TargetCo (Note 4a) which owns a 100% interest (subject to a 2% NSR) in two prospective silver-zinc projects in Australia, being the Tyr Silver Project and the Century South Silver-Zinc Project. On April 5, 2022, pursuant to the terms of the Definitive Agreement dated March 25, 2022, the Company closed the acquisition of an additional 20% of TargetCo

James Bay Lithium Project In January 2021, the Company completed the acquisition of a 100% interest in and to the Route 381 Lithium, comprised of 40 mineral claims located in James Bay Territory in Quebec. In consideration for the acquisition, the Company paid the vendors an aggregate of $60,000 in cash and issued 4,000,000 common shares of the Company with a fair value of $1,720,000. In addition, the Company is subject to grant vendors a 2% NSR. In December 2021, the Company acquired, by way of staking, 229 mineral exploration claims prospective for lithium in the James Bay region of Quebec, Canada (“Mitsumis”)

New Age Co Properties On April 14, 2021, the Company announced that it had completed the acquisition of all issued and outstanding securities of New Age Co (Note 4b). Rare Earth Elements (“REE”) (Northern Territory) - Arctic Fox and Isbjorn Located in Australia’s Northern Territory, both properties are in the exploration stage. Arctic Fox is contiguous with the Nolans Bore REE project and the Isbjorn asset is contiguous to the Charley Creek REE project. Nickel-cobalt-scandium-HPA (New South Wales) - Chinook, Kodiak & Caribou The three nickel-cobalt-scandium-HPA properties - Chinook, Kodiak and Caribou are located in Australia’s central New South Wales, which is considered by management to be a highly prospective region of exploration.