Xcite Resources issued 300,000 common shares to Eagle Plains Resources pursuant to six option agreements covering its Athabasca Basin uranium project portfolio near Uranium City.
Vancouver, British Columbia, December 21, 2023 - Xcite Resources Inc. (“XRI”: CSE, or “Xcite”) confirms that it has issued an aggregate of 300,000 common shares to Eagle Plains Resources Ltd. (“EPL”: TSX-V, or “Eagle Plains”) pursuant to six individual option agreements whereby Xcite may earn up to an 80% interest in six uranium projects totaling 5,905 hectares in close proximity to Uranium City in northern Saskatchewan, as previously announced by Xcite on December 14, 2023. The shares issued are subject to a four-month hold period according to applicable securities laws of Canada, which will expire April 22, 2024.
About Xcite Resources
Xcite Resources is an early-stage exploration company working to become a leader in the discovery and development of energy transition metals. The uranium project portfolio in the Athabasca Basin will propel our efforts to achieve a high-grade discovery.
Contact:
Jean-Francois Meilleur
Shareholder
jfmeilleur@paradox-pr.ca
+1 514 951 2730
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