Albright Metals’ Bryah Basin Sale Raises Questions on Future Manganese and Gold Strategy

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Albright Metals has agreed to sell a significant portion of its Bryah Basin tenements to Catalyst Metals for $1 million cash plus $800,000 in shares, enabling a sharper focus on its Canadian gold and antimony projects.

• Sale of Bryah Basin tenements for $1 million cash and $800,000 in Catalyst Metals shares

• Option granted to Catalyst Metals to acquire additional tenements excluding manganese rights for $2.2 million

• Albright retains 40% stake and manganese mineral rights in Bryah Basin Manganese Joint Venture

• Funds to advance Golden Pike Gold and Antimony Project in New Brunswick, Canada

• Transaction completion contingent on third-party consents including native title and royalty holders