CSE: CDN
OTCQB: AXVEF
Frankfurt:338B

VANCOUVER, BC, June 21, 2023 /CNW/ - CDN Maverick Capital Corp. ("Maverick" or the "Company") (CSE: CDN) (OTCQB: AXVEF) (Frankfurt: 338B) is pleased to announce that it has entered into a definitive mineral property acquisition agreement (the "Purchase Agreement"), with certain arms-length vendors (the "Vendors"), pursuant to which it proposes to acquire the Northwind Lake Property, a lithium pegmatite exploration project located in the Electric Avenue Lithium District, located approximately 10km north-northwest of the Frontier Lithium Inc. (TSXV: FL) PAK Lithium deposit in the Red Lake mining division (Ontario).  The PAK Lithium deposit contains some of North America's highest-grade lithium-bearing pegmatites. The PAK deposit has a mineral resource of 7.23 MT of 1.87% Li20 Measured + Indicated Resource and 2.76 MT of 2.22% Li20 Indicated Resource, and hosts rare technical/ceramic grade spodumene with low inherent iron (below 0.1% Fe2O3)*. This area has been coined the "Electric Avenue" due to the critical minerals.