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Nowea Energy Inc.: One of the most promising boron-lithium-mining-projects in Europe and worldwide?

Reno, NV (pta032/25.06.2021/15:30 UTC+2) As communicated in our announcement in December 2020, we waited for resilient and concrete information on our participation in a potential boron lithium mining project. This information is now available and very encouraging.

Based on the results of the meanwhile completed Phase II exploration drilling program by the analysis company SGS ( https://www.sgsgroup.de/de-de/mining ) and the resulting project study ( company CSA Global https://www.csagroup.org/ ), PwC PricewaterhouseCoopers ( https://www.pwc.com ) was able to create an updated evaluation report.

The figures mentioned herein are breathtaking. We would like to publish just one figure today and provide further details promptly after further internal discussion. The preliminary indicative value of total reserves in the base scenario is estimated by PwC at USD 40.01 billion. This figure speaks for itself and we do not want to comment.

It seems that one of the most promising potential boron-lithium-mines in Europe and worldwide has been identified here.

Investor Relations / June 25, 2021

About NOWEA ENERGY:
NOWEA ENERGY is an investment and private equity company with a strong focus on emerging, innovative companies. In particular we offer capital and expertise combined with a wide range of services to growth companies in the energy sector. Innovative companies from various future-oriented industries, such as mobility, e-mobility, energy, mining (strategic raw materials) as well as smart home and industry 4.0, are the focus of our investment.

If necessary, further information can be obtained on the Internet at https://noweaenergy.com/

Disclaimer/Forward Looking Statements:
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time.
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Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained in this release and our filings with the SEC.
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Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
This information does not constitute an offer to sell or a solicitation of an offer to purchase any securities of the company. Readers of this information are requested to inform themselves about, and to observe, any possible restrictions.

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Emitter: Nowea Energy Inc.
200 S Virginia St 8th Floor
89501 Reno, NV
United States of America (USA)
Contact Person: Investor Relations
Phone: +1 775 686-2400
E-Mail: ir@noweaenergy.com
Website: www.noweaenergy.com
ISIN(s): US67012L1089 (Share)
Stock Exchange(s): -
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