CALGARY,
AB, May 17, 2022 /CNW/ - Huntington
Exploration Inc. (TSXV: HEI) ("Huntington" or the
"Company") announced today that it has changed its name to
Angel Wing Metals Inc. ("Angel Wing" or "Angel Wing
Metals").
Effective at market open on May 19,
2022, the Company's common shares ("Shares") will be
trading on the TSXV under the name Angel Wing Metals Inc., and its
new trading symbol "AWM".
The name "Angel Wing Metals" is inspired by the bladed
wing-shaped amethyst crystals present in the Angel Wing prospect,
one of the five (5) priority targets identified at the recently
acquired El Grande Project located in the southern extension of the
Sierra Madre Occidental gold-silver belt in the state of
Nayarit, Mexico. The acquisition
of the El Grande Project represents a unique opportunity for the
Company to be the first mover in a potential district scale
gold-silver system as the project already contains widespread
evidence of gold mineralization with no history of modern
exploration to date and adds significant exploration potential to
its strong portfolio of precious metals assets.
The name change does not affect the Company's share structure or
the rights of the Company's shareholders, and no further action is
required by existing shareholders. On May
19, 2022, HEI Shares that have been deposited in CDS for
trading will be automatically converted to Angel Wing Shares and be
traded under the symbol AWM. The new CUSIP number for the Company's
common shares is 03464G107.
After market open on May 19, 2022,
Registered holders of non-deposited HEI Shares, that are physical
share certificates and DRS statements that have not been deposited
in CDS through a broker, are required to contact Alliance Trust
Company to exchange for a DRS statement with the new name of Angel
Wing Metals Inc. prior to transferring or depositing.
Alliance Trust Company
#1010, 407-2nd Street SW
Calgary, Alberta T2P 2Y3
1 (403) 237-6111 [phone]
1 (403) 237-6181 [fax]
Email: inquiries@alliancetrust.ca
ABOUT ANGEL WING METALS
Angel Wing Metals (TSXV: AWM) is focused on the
exploration and development of its portfolio of precious metals
properties in Mexico and
Canada. The Company's flagship El
Grande gold project covers 550 square kilometers in the southern
extension of the prolific Sierra Madre Occidental gold-silver belt
in the state of Nayarit, Mexico
and demonstrating significant gold and silver
mineralization.
The Company also owns two early-stage gold exploration projects
in Northwestern Ontario, in which
the Company is engaged in ongoing exploration. The Winora Project
is located near Lingman lake, 325 km north of Red Lake and consists of 17 patented mining
claims in that are estimated to be within 500 m and on strike with the historic Lingman
Lake gold deposit. The Quartz Lake Project is located 50km
east of the prolific Red Lake
district and demonstrates many similar geological features of other
successful exploration plays in the region.
Angel Wing Metals is committed to sustainable and responsible
exploration and business activities in line with industry best
practices, supportive of all stakeholders, including the local
communities in which the Company operates.
For more information, please visit the Company's interim website
at www.angelwingmetals.com.
ON BEHALF OF THE BOARD OF ANGEL WING METALS INC.
"Bryan Wilson"
President & CEO
Tel: 416-543-9945
Email: bwilson@angelwingmetals.com
Note: The Company's new website is expected to launch in Q2
2022.
Neither 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 adequacy or
accuracy of this release.
Forward-Looking Information: This news release
contains "forward-looking information" within the meaning of
applicable Canadian securities legislation. All statements, other
than statements of historical fact, included herein are
forward-looking information. Generally, forward-looking information
may be identified by the use of forward-looking terminology such as
"plans", " expects" or "does not expect", "proposed", "is
expected", "budgets", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes",
or variations of such words and phrases, or by the use of
words or phrases which state that certain actions, events or
results may, could, would, or might occur or be achieved. In
particular, this news release contains forward-looking information
regarding: the outlook on the properties and projects of Angel Wing
Metals. There can be no assurance that such forward-looking
information will prove to be accurate, and actual results and
future events could differ materially from those anticipated
in such forward-looking information. This forward-looking
information reflects Angel Wing Metals' current beliefs and is
based on information currently available to Angel Wing Metals and
on assumptions Angel Wing Metals believes are reasonable.
Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance, or achievements of Angel Wing
Metals to be materially different from those expressed or implied
by such forward-looking information. Such risks and other factors
may include, but are not limited to: general business, economic,
competitive, political and social uncertainties; general capital
market conditions and market prices for securities; delay or
failure to receive board or regulatory approvals; the actual
results of future operations; competition; changes in legislation,
including environmental legislation, affecting Angel Wing Metals;
the timing and availability of external financing on acceptable
terms; and lack of qualified, skilled labor or loss of key
individuals. A description of additional assumptions used to
develop such forward-looking information and a description of
additional risk factors that may cause actual results to differ
materially from forward- looking information can be found in Angel
Wing Metals' disclosure documents on the SEDAR website at
www.sedar.com. Although Angel Wing Metals has attempted to identify
important factors that could cause actual results to differ
materially from those contained in forward-looking information,
there may be other factors that cause results not to be as
anticipated, estimated or intended. Readers are cautioned that the
foregoing list of factors is not exhaustive. Readers are further
cautioned not to place undue reliance on forward-looking
information as there can be no assurance that the plans,
intentions, or expectations upon which they are placed will occur.
Forward-looking information contained in this news release is
expressly qualified by this cautionary statement. The
forward-looking information contained in this news release
represents the expectations of Angel Wing Metals as of the date of
this news release and, accordingly, is subject to change after such
date. However, Angel Wing Metals expressly disclaims any intention
or obligation to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
except as expressly required by applicable securities law.
SOURCE Huntington Exploration Inc.
