Voltaic Minerals Corp. announced that it has entered into a 50/50 joint-venture agreement with Equitorial Exploration Corp. for the Green Energy Lithium Project in Utah, USA.

The agreement is subject to the approval of the TSX Venture Exchange. As per the agreement, Equitorial will have the right to participate, on a 50/50 basis, in all work relating to the Green Energy Project. For this right, Equitorial will invest $250,000 into Voltaic via private placement, on terms described in this press release.

Equitorial will also reserve 5,000,000 shares of Equitorial Exploration Corp. and issue them upon successful production of Lithium from Green Energy Project brine, using Voltaic's Lithium Process. Voltaic is currently finalizing an exclusive right of use with its inventors.

The JV will have the right to utilize the Selective Lithium Process on the Green Energy Lithium Property and any other project that it deems suitable on a project by project basis. Equitorial and Voltaic intend to work to locate other projects that would be suitable for the Process and proceed on a 50/50 JV basis.