First Class Metals PLC announced that is has signed an agreement with Broken Rock Resources Limited in respect of the Quinlan Lithium Property ("Quinlan") in NW Ontario FCM to acquire, the right to earn 100% of the highly prospective Quinlan Lithium Property from BRR with low execution costs and year one field work commitment . The property holds one of the higher lake sediment lithium values (966.3 ppm-constituting the 'Nine-Sixty-Six lake sediment' anomaly) recorded in the Province from an Ontario Geological Survey (OGS) survey. The property potential was highlighted by the annual Ontario Thunder Bay OGS Resident Geologist Program (Target 11) 'Recommendations for Exploration' publication to be a prime under explored potential new pegmatite corridor.

A total number of 98 claims are involved in the transaction with FCM staking 50 claims and 48 claims being optioned from BRR. Funding for the execution payment and the first year's work commitment is currently in place.