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Strategic Minerals Announces Termination of Business Combination with IberAmerican

Strategic Minerals Europe Corp. (CBOE: SNTA) (FRA: 26K0) (OTCQB: SNTAF) has announced the termination of their business combination agreement with IberAmerican Lithium Corp. The amended and restated business combination agreement, established to finalize on July 31, 2024, was not completed as required. Consequently, IberAmerican notified the company of their decision to terminate the agreement on July 31, 2024.

About Strategic Minerals Europe Corp.

Strategic Minerals Europe Corp. owns Strategic Minerals Spain, S.L.U., which produces, identifies, explores, and develops mineral resource properties integral to the green economy in Spain. Holding permits and a production license for the Penouta Project, SMS is the largest producer of cassiterite concentrate and tantalite in the European Union. Recognized within the EU for its good practices in the circular economy, the company is a key producer of sustainable and conflict-free tin, tantalum, and niobium. Strategic Minerals is a reporting issuer in the provinces of British Columbia, Alberta, and Ontario.

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