Vancouver, B.C. – December 19, 2024, Clarity Metals Corp. (“Clarity” or the “Company”) (CSE: CMET, OTC: CLGCF, FSE: 27G0) announces that it has elected to terminate its option (the “Option”) to acquire a 50% interest in Genius Metals Inc.’s (“Genius”) Lithium381 property, located in the James Bay-Eeyou Istchee region of the Province of Quebec. The Company acquired the Option pursuant to an option agreement (the “Agreement”), dated December 6, 2022, between the Company and Genius, as later assigned by the Company to its wholly-owned subsidiary, Clarity Lithium Corp. (“Clarity Lithium”). Pursuant to the Agreement, Clarity Lithium holds the right to terminate the Agreement by delivering 10 days’ notice to that effect to Genius. The termination will be effective on December 30, 2024, at which time Clarity Lithium and Genius will be released from further performance of its obligations under the Agreement. See the Company’s earlier news release dated December 7, 2022 regarding the terms of the Agreement.
About Clarity
Clarity Metals Corp. is a Canadian mineral exploration project generator company focused on the acquisition, exploration and development of precious and base metals projects. Clarity’s exploration mandate is global and focused on countries with established legal and regulatory systems supporting mining investment. The Company is based in Vancouver, British Columbia, and is listed on the CSE under the symbol “CMET”. To learn more about Clarity Metals Corp. and its projects please visit www.claritymetals.com.
ON BEHALF OF THE BOARD
“James Rogers”
Chief Executive Officer
Tel: 1 (778) 809-7009
Email: james@claritymetals.com
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
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