Emp Metals Corp. and ROK Resources Inc. enter a Share Exchange Agreement for ROK to acquire a 17.11% stake in Emp Metals, which is subject to regulatory approval and expected to close by Sept.

Emp Metals Corp. has entered into a Share Exchange Agreement with ROK Resources Inc. for ROK to exchange its common shares of Hub City Lithium Corp. for 17,085,000 common shares of Emp Metals, giving ROK an ~17.11% ownership in Emp Metals upon completion. The deal is subject to regulatory and exchange approval, and is expected to close no later than September 30th, 2024. Emp Metals aims to advance their lithium project in Saskatchewan with this acquisition. ROK's President & COO, Bryden Wright, will be appointed to Emp Metals' Board of Directors post-closing.

August 08, 2024
4 Articles