Natural Resource Investor
September 25, 2018
Dear Investor,
Harry Barr, the Chairman and CEO of New Age Metals Inc. (TSXV: NAM; USOTC: NMTLF), has completed a message to investors that states the milestones achieved thus far in 2018 and the company�s objectives for the rest of 2018 and for 2019. New Age Metals controls North America�s largest undeveloped primary Platinum Group Metals deposit, has a strong portfolio of lithium projects and a bargain-basement share price.
A very informative statement regarding New Age�s near-term potential showcases the fundamentals of the metals that NAM (TSX.V) is developing which includes: PGMs (Platinum Group Metals), Lithium, Cobalt, Copper and Nickel. Below is the start of Mr. Barr�s message, and a link to his complete statement.
Yours truly,
The Editors
Natural Resource Investor
Chairman's Message - Fall 2018
On behalf of the management and directors, I am pleased to update you on the key milestones completed thus far in 2018 and the goals and objectives for New Age Metals (NAM) for the balance of 2018 & 2019.
This message will also comment on other key corporate goals and milestones including: Preliminary Economic Assessment (PEA), our first economic study which is fully funded and was initiated in August 2018 on our River Valley Platinum Group Metal (PGM) Project. This message will outline our exploration and development plans for our River Valley PGM Project as well as the proposed plans for our 100% owned Alaskan Genesis PGM and Base Metal Project. We will further reflect on key 2018 milestones for our Lithium Division and our plans for the exploration and development of our 8 Lithium and Rare Metals projects in Manitoba for 2019.
Due to improved metal prices for Platinum Group Metals more specifically Palladium, Rhodium, Platinum and projected favourable supply and demand statistics in the base metals (Nickel, Copper, Cobalt) sector, management believes that investor�s sentiment is beginning to change. Investors with interest in both the common shares of Junior companies with advanced stage projects like River Valley and others who would purchase the physical metal themselves are beginning to take notice of these changing economic indicators. The long-term consensus for the palladium, cobalt, copper, nickel and lithium markets continues to forecast a physical metal deficit. Palladium/Platinum demand is increasing due to significant supply risks from declining South African production combined with a growing demand picture.
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