ADAMERA MINERALS COR

ADZ
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Adamera Minerals : Leases Property in Washington State

06/10/2020 | 11:09am

Vancouver - Adamera Minerals Corp. (TSX V: ADZ; OTC: DDNFF) Adamera is expanding its 100% owned land holdings and has entered into an agreement with an arm's length party (the 'Lessor') to lease a number of claims for a period of 6 years in Washington S tate, USA for US$1,000 cash and 100,000 common shares, subject to the TSX Venture Exchange's approval.

The Company may extend the lease beyond 2026 by paying the Lessor US$1,000 per year. At any time, the Company may purchase the claims for US$50,000, subject to a 2% royalty of which 1% may be purchased for US$1 million.

Adamera will provide further updates on its program in the coming weeks. To communicate with our company during these times please email us at info@adamera.com.

About Adamera

Adamera Minerals Corp. is exploring for a high-grade gold deposit near Republic Washington. This area has reportedly produced over 7 million ounces of high-grade gold. Adamera is the dominant regional explorer in the area.

Contact:

Tel: (604) 689-2010

Fax: (604) 484-7143

Email: info@Adamera.com

Web: www.Adamera.com

Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

(C) 2020 Electronic News Publishing, source ENP Newswire

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