October 4, 2016 – Vancouver, British Columbia – Wildcat Exploration Ltd. “Wildcat” is pleased to announce that it has formally changed its name to LICO ENERGY METALS INC “the Company”. Wildcat has also changed its stock trading symbol on the TSX Venture Exchange to LiC. LiCo Energy Metals Inc.’s trading symbol on the US OTCQB will remain WCTXF.
Effective at today’s(October 4th 2016) opening, Wildcat Exploration has now commenced trading under its new name LiCo Energy Metals Inc. and trading under its new symbol LiC on the TSX Venture Exchange. The Company is not subdividing, consolidating or otherwise altering its share capital in association with the name change.
About LiCo Energy Metals Inc.: https://licoenergymetals.com
LiCo Energy Metals Inc., formerly Wildcat Exploration, is a well funded Canadian company focused on the exploration and development of minerals related to the lithium battery industry. The Company has recently raised over $2.3 million dollars through private placements. LiCo Energy Metals has an option to acquire a 100% interest, subject to a 3% NSR, on a large lithium exploration project at the Humboldt Salt Marsh in Dixie Valley, Nevada. The geologic setting and presence of lithium in active geothermal fluids and surface salts in Dixie Valley match characteristics of producing lithium brine deposits at Clayton Valley, Nevada and in South America. The Company is planning an exploration program to be carried out in the fall and winter months of 2016/2017. The Company also has an option to acquire up to a 100% interest, subject to a 2% NSR, of the Teledyne Cobalt Project located in the district of Temiskaming, Ontario.
On Behalf of the Board of Directors
Richard Wilson, President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the contents of this news release.
Disclaimer for Forward-Looking Information:
The information discussed in this press release may include “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”). All statements, other than statements of historical facts, included herein concerning, among other things, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward looking statements. These forward looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “should,” “could,” and similar terms and phrases. Although we believe that the expectations reflected in these forward looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and are not (and should not be considered to be) guarantees of future performance. It is important that each person reviewing this release understand the significant risks attendant to the operations of the Company. LiCo Energy Metals disclaims any obligation to update any forward-looking statement made herein.