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Jul 3, 2024

Planet Green acquires four key Ontario properties, grants stock options

Planet Green Metals Inc. announced it has entered into agreements to acquire four properties in Ontario from Gravel Ridge Resources Ltd. and 1544230 Ontario Inc. The acquisitions include the Marion, Sheraton, Rich Lake, and Grenfell properties. Each agreement allows Planet Green to acquire a 100% interest in the properties, with payments totaling $226,000 and 1.1 million common shares over three years.


The properties, strategically located near known mineral deposits, bolster Planet Green’s portfolio. CEO Jeremy S. Brett emphasized the significance of these acquisitions for their geological potential and contribution to the company’s growth. Additionally, Planet Green granted stock options to a consultant for 100,000 shares at $0.10 per share, exercisable until July 2029.

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