Appia Energy Corp.

Appia Energy Corp.

August 11, 2016 10:31 ET

Appia Engages Palisade Global Investments Ltd.

TORONTO, ONTARIO--(Marketwired - Aug. 11, 2016) - Appia Energy Corp. (the "Company" or "Appia") (CSE:API) is pleased to announce that it has engaged Palisade Global Investments Ltd., ("Palisade") for a period of eighteen (18) months to serve as advisory consultants to Appia in the United States, Canada and Europe.

About Palisade Global Investments Ltd.

Palisade Global is an offshore merchant bank and has extensive experience in creating effective strategies and introducing its clients to financial market participants including high net worth individuals, retail brokers, analysts, private equity funds and alternative financing groups, primarily increasing exposure and attracting new shareholders as well as making introductions for future rounds of equity financing. Palisade works through direct meetings, conference calls, newsletter writers, email dissemination of the Company's news, and assists in the corporate presentation materials. Palisade has staff in major locations in North America and in Europe to facilitate the organization of corporate presentations in each locale.

About Appia

Appia is a Canadian publicly-traded company in the uranium and rare earth sectors. The company has NI 43-101 compliant resources of 8.0 M lbs U3O8 and 70.8 M lbs REO Indicated, and 47.7 M lbs U3O8 and 197.6 M lbs REO Inferred in the Elliot Lake, ON, historic mining camp. The resources are largely unconstrained along strike and down dip.

The company is also focusing on discovering high-grade uranium in the prolific Athabasca Basin on its recently acquired properties, "Otherside" and "Loranger", as well as delineating high-grade REO's and uranium on its Alces Lake joint venture. The company controls exploration rights on about 84,000 hectares in Saskatchewan.

Appia's technical team is directed by James Sykes, who has had direct and indirect involvement with over 350 M lbs. U3O8 being discovered in five deposits in the Athabasca Basin.

Appia currently has 43.0 million common shares outstanding, 46.0 million shares fully diluted.

The technical content concerning the property in this news release was reviewed and approved by Thomas Skimming, P.Eng, a Director of Appia, and a Qualified Person as defined by National Instrument 43-101.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Appia Energy Corp.
    Tom Drivas
    President, CEO and Director
    416-218-9772 (FAX)

    Appia Energy Corp.
    James Sykes
    Director of Saskatchewan Operations
    416-218-9772 (FAX)

    Appia Energy Corp.
    Frank van de Water
    Chief Financial Officer and Director
    416-218-9772 (FAX)