Live Energy Grants Option for 100% Interest in Saskatchewan Claims

In This Article:

Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - Live Energy Minerals Corp. (CSE: LIVE) (OTC Pink: GTREF) ("LIVE" or the "Company") is pleased to announce that it has entered into an option agreement dated April 9, 2025 (the "Option Agreement") with an arm's length purchaser (the "Purchaser"), pursuant to which the Company has granted the Purchaser the exclusive option to acquire a 100% undivided interest in two mineral claims totaling approximately 5,355 hectares located in the Province of Saskatchewan (the "Property"). Pursuant to the Option Agreement, the Company has granted the Purchaser the exclusive right to acquire a 100% interest in the Property (the "Option").

To exercise the Option and acquire a 100% interest in the Property, the Purchaser must issue 5,500,000 common shares (the "Consideration Shares") to the Company within five (5) days of TSX Venture Exchange ("TSXV") approval and pay $50,000 in cash to the Company within three (3) years of the effective date of the Option Agreement.

The Company has granted the Purchaser the right (but not the obligation) to purchase a 3% net smelter return royalty (the "Royalty") held by an arm's-length third party (the "Royalty Holder") by issuing 5,500,000 Consideration Shares to the Royalty Holder (the "Royalty Buy-Back"), subject to TSXV acceptance.

No finder's fees were paid on this arm's length Option Agreement.

About LIVE Energy Minerals Corp.

LIVE is a mining exploration company actively engaged in exploring for and identifying new opportunities in clean energy minerals in North and South America. LIVE holds applications for a 100% interest in the uranium, vanadium, and molybdenum, Messa Top and Section 20 Mine projects located in the Colorado Plateau, USA. LIVE has also retained an interest in the McDermitt Lithium East Project, Nevada, USA. LIVE is focused on creating value for its shareholders by combining quality project with proven exploration strategies and a team driven to achieve exceptional outcomes.

For further information please contact:

Adrian Smith
Chief Executive Officer & Director
Live Energy Minerals Corp.
Email: adrian@liveenergyminerals.com
Phone: 604-687-2038

Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.