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This junior exploration company is poised to help meet rapidly scaling battery metal demand

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investingdistrict.com

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info@investingdistrict.com

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Wed, Sep 18, 2024 01:31 PM

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The EV market is experiencing rapidly growing demand. In 2023, almost 14 million EVs were registered

The EV market is experiencing rapidly growing demand. In 2023, almost 14 million EVs were registered globally, bringing their total number on roads to 40 million. This is putting significant pressure on battery metal production — including lithium and copper. In addition, passenger vehicles powered by lithium-ion batteries are expected to represent 27% of the market by 2030, and 50% by 2050. Alongside concerns of a production deficit, demand is running rampant. The total lithium market is expected to grow by nine times by 2050 compared to 2022. It's largely due to these market trends that the United States has made regulatory shifts to make local lithium production a priority. One junior exploration company is taking advantage of this positive progress in policy. Focused on uncovering high-value metals required for the EV market, this company is exploring three highly prospective lithium projects in Nevada, as well as a copper project in British Columbia, Canada. Led by a team that has previous experience exploring Surge Battery Metals' Nevada North Lithium Project — which is getting significant attention due to the size of its lithium discovery — this junior exploration company is well-positioned to make progress on each of its projects. As it stands, the company is fully funded for all 2024 exploration activities across its four projects. The company raised approximately CAD$5 million through private placements during 2023 and sold third-party publicly traded shares on its balance sheet for an additional CAD$5 million. In addition, the team currently has a strong working capital position of over CAD$5 million. This positions the team to run sustainable operations for some time to come. [Discover how this company is ideally suited to deliver on its mission of advancing high-quality battery metals projects through exploration.]( (By clicking the link above, you are opting in to receive emails from this advertiser. You are also agreeing to the terms of our privacy policy. [Unsubscribe at any time]( DISCLAIMER: Stocks and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stocks and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this report. The past performance of any trading system or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, etc., discussed in this report are for illustrative purposes only and not to be construed as specific advisory recommendations. Information contained in this correspondence is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Stockguru LLC (dba InvestingDistrict), 2563 cherry hill ln, Hermitage, PA 16148, United States You may [unsubscribe]( or [change your contact details]( at any time.

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