VANCOUVER, BC / ACCESSWIRE / February 15, 2023 / Intrepid Metals Corp. (TSXV:INTR) (“Intrepid” or “Company”)) entered into a definitive agreement (“Agreement”) with Cave Creek Copper Inc. (“CCCI”) and its shareholders on February 14, 2023 to acquire all outstanding and outstanding shares of CCCI. ) has been announced. CCCI owns certain exploration properties (the “Property”) in the Cortland-Gleason area of ​​Cochise County, Arizona.

The terms of the agreement give Intrepid the option to acquire all outstanding and outstanding shares of CCCI in exchange for certain cash and common stock (“Share”) payments and a commitment to exploration spending. Considerations are as follows and all dollar values ​​are in Canadian dollars.

Intrepid will take over as operator of the property and will be responsible for future exploration work and maintaining the property in good condition. This Agreement is subject to the approval of the TSX Venture Exchange (“TSXV”).

Intrepid Partners with Marketing Services Provider

The Company announced that it has entered into an agreement with 121 Group to provide marketing services under The Assay Investor Engagement Program (“The Assay”). Print the form. All content and news coverage is available on The Assay website (www.theassay.com), 121 Group’s social media platforms (Twitter, LinkedIn, YouTube), The Assay Weekly Newsletter and The Assay Magazine digital and print editions (as applicable). Under the agreement, The Assay will cost approximately US$15,000 and he will provide the service for 12 months, which will be paid out of the company’s cash on hand. No stock options were granted and no compensation other than the above was paid in connection with the involvement. The Assay and the Company are unrelated and unrelated business entities and neither The Assay nor any of its Principals have any direct or indirect interest in the Company’s securities at the time of the agreement.

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We also partner with Xemoto Media Ltd. (“Xemoto”) to provide marketing services including, but not limited to, the distribution of company news releases and the creation of digital marketing content through Spectrum by Xemoto, an innovative news distribution technology. provide service. Connects the latest investment opportunities from retail investors and issuers. Under this contract, Xemoto will provide his services for three months at a cost of approximately US$17,964. This cost will be paid out of our cash on hand. No stock options were granted and no compensation other than the above was paid in connection with the involvement. Xemoto and the Company are unrelated and unrelated entities and neither Xemoto nor any of its Principals have any direct or indirect interest in the Company’s securities at the time of the Agreement.

About Intrepid Metals
Intrepid Metals Corp. is a Canadian exploration company focused on exploring potential high-grade copper, silver, lead and zinc mineral projects near mines in southeastern Arizona, USA. The Company has acquired several drill-ready projects, including the Tombstone South and Mesa Well properties. Historic drilling at Tombstone South has identified high-grade mineralization, and in 2018 he shares geological similarities with the Taylor Deposit purchased for $1.3 billion. Intrepid is actively looking to acquire additional projects in Arizona and the Southwest United States and has assembled an excellent team with considerable experience in evaluating and developing exploration projects in North America. Intrepid trades on the TSX Venture Exchange (TSX-V) under the symbol ‘INTR’. For more information, see: www.intrepidmetals.com.

For more information regarding this news release, please contact:

Ken Brophy
CEO
604-681-8030
info@intrepidmetals.com

Sawamoto Caroline
PR for investors
Investment@intrepidmetals.com

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this release constitute forward-looking information within the meaning of applicable Canadian securities laws. Such forward-looking statements relate to: (i) future exploration plans; (ii) receipt of his TSXV approval of this Agreement; (ii) possible exploration of the property;

In some cases, forward-looking information is identified using words such as “plans,” “expectations,” “budgets,” “plans,” “estimates,” “forecasts,” “intends,” “forecasts,” and similar terms. can. “believe” or variations of such words or phrases or that a particular action, event or outcome “could” ”, “will occur” or “will be achieved”, any indication of future results, or any other expectations, beliefs, plans, objectives, assumptions, intentions or statements regarding future events or performance. Forward-looking information contained in this news release includes, among other things, the results of exploration activities, the forecast and projected impact of the COVID-19 outbreak, commodity prices, the timing and volume of future exploration, and development spending, labor and availability of materials, receipt and compliance with required regulatory approvals and permits, insurance coverage estimates, currency fluctuations, environmental risks, assumptions about title disputes or claims, and other similar matters. We believe these assumptions are reasonable based on currently available information, but they may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and our actual results, performance or achievements may differ materially from future results, performance or achievements expressed or implied by forward-looking information. Includes other factors that may vary. Such factors include risks related to the ability to access infrastructure, risks related to changes in commodity prices, risks related to current global financial conditions, and risks related to current global financial conditions. , and impacts inherent in the exploration and development of mineral deposits. Operational risks inherent in conducting exploration and development activities, including the impact of COVID-19 on our business, dependency on key personnel, risks of accidents, labor disputes and cave-ins, and the possibility of inability to obtain permits regulatory risks, including risks, timely or at all, funding, capitalization and liquidity risks; risks related to disputes over property ownership and interests; environmental risks; and “Risk Factors” in our reports Additional Risks Identified in Sections and Applicable Canadian Securities Regulatory Filings.

Although we have attempted to identify important factors that could cause our actual actions, events or results to differ materially from those set forth in the forward-looking information, we do not anticipate any future actions, events or results. , estimates, or other factors that may cause it to differ from expectations. was intended. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is current as of the date of this news release. We undertake no obligation to publicly update or revise any forward-looking information, except as required by applicable securities laws.

Neither TSX Venture Exchange nor its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) have reviewed and are not responsible for the adequacy or accuracy of this release.

sauce: Intrepid Metals Corporation

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