Vancouver, Canada – November 21st, 2021 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) is pleased to announce that its board of directors has approved the establishment of a hydrogen energy division within the Company. The Company’s uranium assets have recently benefited from renewed market interest in green energy projects, and the board of directors will look to commit to the Company remaining on the forefront of emerging markets in the green energy sector.
Initially, the Company will look to staff the hydrogen energy division with third-party experts and advisors who can review and evaluate prospective opportunities in the sector. The Company intends that work of the division will initially be focused on seeking out and evaluating potential strategic acquisitions and opportunities for the Company to partner with existing industry participants. The Company will provide further information on staff of the division as new advisors are engaged and appointed.
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This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to finalization of a work program at the Project, the anticipated timing for the commencement of such a program, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.
