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SourcingLink.net acquires 8 new lithium-tantalum claims in James Bay, Quebec, Canada

SAN DIEGO, CA- (iHub-April 1, 2016) – SourcingLink.net Inc. (OTC Pink: SNET) is pleased to announce that it has acquired a block of 8 new claims sharing a 12 km boundary which is on three sides with the Rose Lithium Tantalum Property of Critical Elements Corp.

The Rose Resource pre-tax IRR is estimated at 33% and the NPV at $488 million at a discount rate of 8%.(Critical Elements Corp website: http://www.cecorp.ca/en/
and Rose Resource consists of 26,500,000 tonnes of indicated resources containing 1.30% Li2O Equivalent (Eq) or 0.98% Li2O (259,700 tonnes of Li2O or 642,238 tonnes of Li2CO3 Eq), 163 ppm of Ta2O5 (9,514,317 pounds of Ta2O5) and 10,700,000 tonnes of inferred resources containing 1.14% Li2O Equivalent (Eq) or 0.86% Li2O (92,020 tonnes of Li2O or 227,565 tonnes of Li2CO3 Eq), 145 ppm Ta2O5 (3,417,400 pounds of Ta2O5).

The new Lac Fire property was staked to strategically cover ground that may be on strike and have similar geology to the Rose Lithium Tantalum Resource.

“The newly staked lithium claims are a great addition to our portfolio. The demand for lithium in the global market is increasing due to the demand for lithium batteries used in a variety of green based applications including electric powered automobiles. The acquisition of the Lac Fire property will provide an excellent target in the company’s search for a lithium resource.” Anne M Carioti, CEO

About The Eldor Project:

SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada (one of the most favorable mining jurisdictions in the world). The Eldor Project consists of 34 mineral claims covering approximately 3951 acres and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.
About SourcingLink.net, Inc.:

SourcingLink.net is a U.S. based publicly traded exploration and development company. Their focus in on rare metals and rare earth elements which are among the primary input materials for the 21st Century technology.
Forward-looking Statements

This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as “expect,” “believe” or “plan,” by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

Contact:
SourcingLink.net
12526 High Bluff Drive, Ste 300
San Diego, CA 92130
Phone 858-792-3620
Website: www.sourcinglink.org
Email:info@sourcinglink.org

SourcingLink.net Gives Further Update and Insight on the Multi-Billion Lithium Industry

SAN DIEGO, CA- (iHub-April 7, 2016) – SourcingLink.net Inc. (OTC Pink: SNET) is encouraged with the recent developments that we believe will increase the value of our Lac Fire Lithium properties located east of Lac Pivert, Quebec.

Lithium is a soft, silver-white metal used in pharmaceuticals, ceramics, grease, lubricants and heat-resistant glass. It’s also used in lithium-ion batteries, which power everything from cellphones to laptops to electric vehicles – demand is growing fastest in this area.

According to Frost & Sullivan, the global market for lithium-ion batteries is expected to double to $22.5 billion in 2016 from $11.7 billion in 2012. Consumer goods and automobile sectors are driving the demand. Zacks Research report further states that with the increasing use of lithium ion batteries in consumer electronic products as well as efforts to promote the use of electric cares by many governments to curb pollution, the demand for these batteries is expected to rise.

Lithium–ion batteries are used by many auto manufactures, including Tesla Motors, Inc. General Motors Co., Navistar International Corp., BMW AG, Daimler AG and Ford Motor Co. According to Zacks Research, Tesla Motors, Inc.’s decision to build a $5 billion Gigafactory to meet its requirement of lithium-ion battery packs brought glaring focus on the shortage of supply of this emerging energy storage technology (and the raw material – Lithium). Zacks further states that, however, the market for lithium-ion batteries has a lot of untapped potential.

According to a recent article published in Lithium Investing News by Teresa Matich, a note by Stomcrow Capital, there’s little chance of substitution for Lithium. In short, the world is going to (continue to) need a lot of lithium. What’s more, demand from other sectors (besides automotive) isn’t going away.

Sourcinglink.net has recently acquired a block of 8 new claims sharing a 12 km boundary which is on three sides with the Rose Lithium Tantalum Property of Critical Elements Corp.

About The Eldor Project:

SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada (one of the most favorable mining jurisdictions in the world). The Eldor Project consists of 34 mineral claims covering approximately 3951 acres and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.
About SourcingLink.net, Inc.:

SourcingLink.net is a U.S. based publicly traded exploration and development company. Their focus in on rare metals and rare earth elements which are among the primary input materials for the 21st Century technology.
Forward-looking Statements

This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as “expect,” “believe” or “plan,” by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

Contact:
SourcingLink.net
12526 High Bluff Drive, Ste 300
San Diego, CA 92130
Phone 858-792-3620
Website: www.sourcinglink.org
Email:info@sourcinglink.org