USCM definition

USCM or the “Company”) (TSXV:USCM; OTCQB:USCMF; FSE:0IU0) is pleased to announce that pursuant to the option agreement (the "Option Agreement") for the ▇▇▇▇▇▇▇ ▇▇▇▇▇ Lithium Project in Nevada (the “▇▇▇▇▇▇▇ ▇▇▇▇▇ Project”), between the Company’s wholly-owned subsidiary, US Energy Metals Corp. (“US Energy”) and Nevada Alaska Mining Co, Inc. (“Nevada Alaska”), the Company has fulfilled its first year option obligations by making aggregate cash payments of $75,000 and by issuing an aggregate of 500,000 common shares to Nevada Alaska. Under the terms of the Option Agreement, USCM has the option to acquire a 100% ownership interest in the ▇▇▇▇▇▇▇ ▇▇▇▇▇ Project. The shares were issued in accordance with applicable securities laws at a deemed price of $0.26 per share and are subject to a four month hold period.
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USCM is defined in the recitals to this Agreement.
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Examples of USCM in a sentence

  • As ▇▇▇▇▇▇▇ Pass advances towards production, USCM believes that a significant derisking and revaluation of lithium clay projects will occur.

  • U.S. Communities is jointly sponsored by the National Association of Counties (NACo), the National League of Cities (NLC), the Association of School Business Officials International (ASBO), the United States Conference of Mayors (USCM) and the National Governors Association (NGA) (herein "National Sponsors").

  • The forward-looking information contained in this press release represents the expectations of USCM as of the date of this press release and, accordingly, is subject to change after such date.

  • Recognizing that the area is under sampled, the high lithium value is from intra-caldera lake sediments along the margin of the ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ which has prompted USCM to move aggressively in securing this unique opportunity.

  • USCM will work closely with LIVE to further advance any and all activities leading to a maiden drill program.

  • While USCM may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.

  • Subject to the completion of this Transaction, USCM will have exposure to two of the most advanced lithium basins in the US.

  • The U.S. Conference of Mayors (USCM), founded in 1932, is the official nonpartisan organization of all United States cities with a population of more than 30,000 people, which includes over 1,200 cities at present.

  • Each city is represented in the USCM by its chief elected official, the mayor.

  • USCM is focused on mining projects that will further secure the US supply of ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and rare earth elements, which are essential to fueling the new age economy.

Related to USCM

  • Oaktree means Oaktree Capital Management, LLC and its Affiliates, including any partnerships, separate accounts or other entities managed by Oaktree.

  • Warburg Pincus CS", "CSAM", "Credit Suisse" or "Credit Suisse Warburg Pincus".

  • CFPC means the College of Family Physicians of Canada.

  • foreign investor means a natural person of a third country or an undertaking of a third country, intending to make or having made a foreign direct investment;

  • Warburg means Warburg, ▇▇▇▇▇▇ Capital Partners, L.P., and/or any of its affiliates.