Neotech Metals Corp. (CNSX:NTMC) agreed to acquire Hecla-Kilmer REE mineral property of VR Resources Ltd for CAD 3.6 million on March 8, 2024. A cash consideration from Neotech of CAD 1,000,000, of which CAD 600,000 is paid on March 28th, and the CAD 400,000 balance paid no later than April 26th.

Issuance of 4,000,000 common shares in the capital of NeoTech, to be released per the terms of a 30 month escrow agreement, which includes release of 500,000 shares on Closing.