MAN 0.00% 2.7¢ mandrake resources limited

Ann: Regional continuity of Lithium brine reservoir gives scale, page-131

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    Mandrake has staked over 53,426 acres of Federal BLM
    claims in the preceding 8 months
    Other Business Agreement (OBA) with Utah State Govt for
    a further 34,670 acres
    Outstanding infrastructure with nearby rail, road power
    and water infrastructure in the heart of the US
    Oversaturated brines (40% minerals, 60% water) discovered
    during oil exploration 80 years ago
    A Tier-1 mining jurisdiction, Utah is 11th in Fraser Institutes Global
    Investment Attractiveness Index
    Historic Peterson 88-21 well was drilled in
    1959 with Li concentrations of 340mg/L
    from a clatic zone overlying Clastic
    Zone B in the Paradox
    Galan to gain early-stage exposure.”
    30M shares at 5c ($1.5M) for a ~5% stake in
    Mandrake (one year escrow)
    Immediately purchased another 5M MAN
    on-market.

 
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