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Red Metal Resources Ltd (3)
Symbol RMES
Shares Issued 32,770,726
Close 2024-11-20 C$ 0.06
Market Cap C$ 1,966,244
Recent Sedar Documents

Red Metal hires IR and marketing firms

2024-11-20 17:36 ET - News Release

Ms. Caitlin Jeffs reports

RED METAL RESOURCES ENGAGES GERMAN INVESTOR AWARENESS AND DIGITAL MARKETING CONSULTANTS

Red Metal Resources Ltd. has engaged Investment-Zirkel-Munchen (IZM), which offers several services for German language investor awareness, including news dissemination, conference calls, real-time investor forums and an active investors network throughout Europe. IZM has a select investor following that participates in both financings and open market buying. The IZM contract is for a two-year term at a cost of $25,000.

IZM has a business address at Lena-Chris-Str 9, Nuebiberg, Germany. The services to be provided will be overseen by Mathias Voigt, president of the company, who can be contacted at mv@i-z-m.info. Mr. Voigt owns 150,000 shares of the company.

Caitlin Jeffs, president of Red Metal, stated, "IZM offers access to a diverse network throughout Germany, Switzerland and Austria, giving Red Metal a broad spectrum of potential investors."

Red Metal Resources announces that it has engaged the services of Free Market Media Ltd. to help raise on-line marketing awareness and provide a comprehensive digital media campaign. Free Market Media is based out of Langley, B.C., and its principal is Brent Rusin. Mr. Rusin can be reached by e-mail at shakespear_67@msn.com or by phone at 604-790-7291. The company has entered into a media services agreement with Free Market Media dated Nov. 19, 2024, whereby the services to be provided by Free Market Media will include digital media, advertising and awareness campaigns for a fee of up to $50,000 (U.S.) for a term of 90 days. The agreement may be renewed or extended by the company and Free Market Media at the end of the initial term. Free Market Media and the company operate at arm's length.

Closing of purchase

The company has closed a portion of its previously announced definitive agreement with an arm's-length vendor to acquire a 100-per-cent interest in three separate packages of mineral claims and mineral claim applications directly contiguous to Quebec Innovative Materials Corp.'s (QIMC) recent Hydrogen sample discovery of over 1,000 parts per million, announced on Sept. 4, 2024.

Under the terms of the agreement to acquire a 100-per-cent interest in 19 mineral claims, the company has paid $5,000 plus GST (goods and services tax) and agreed to issue up to 1.6 million common shares of the company. To date, 11 of 19 claim applications have been approved by the Quebec Ministry of Natural Resources and Forests, and the company issued 1.1 million shares upon closing of the acquisition of 11 approved claims. The balance of 500,000 shares is reserved to be issued once the remaining eight claim applications are approved. No royalty is to be paid out of any potential future revenue. The common shares issuable in connection with the agreement will be subject to a four-month hold period under applicable Canadian securities laws.

This news release may contain information about adjacent properties on which the company has no right to explore or mine. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on the company's properties.

About Red Metal Resources Ltd.

Red Metal Resources is a mineral exploration company focused on growth through acquiring, exploring and developing clean energy and strategic minerals projects. The company's current portfolio include the 100-per-cent-owned Ville Marie claims in Quebec, Canada, as well as company's Chilean projects, which are located in the prolific Candelaria iron-oxide-copper-gold (IOCG) belt of Chile's coastal Cordillera. Red Metal is quoted on the Canadian Securities Exchange under the symbol RMES, on OTC (over-the-counter) alternative trading system on the OTC Pink marketplace under the symbol RMESF and on the Frankfurt Stock Exchange under the symbol I660.

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