Cruz Enters into Arrangement Agreement for Spin-Out of Hector Silver-Cobalt Project

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Cruz Battery Metals to spin-out Hector Silver-Cobalt Project

Cruz Battery Metals (CSE:CRUZ) will transfer all of its rights, title and interest in its Hector Silver-Cobalt Project to securityholders An arrangement agreement was signed with its wholly owned subsidiary, Makenita Resources Inc. to transfer the rights and spin-out all the securities Makenita received in consideration for the property Cruz’s 22,427-square-metre Hector property is in the vicinity of the town of Cobalt, Ontario, which is prospec…