Canada Silver Closes $1,805,000 Flow-Through Private Placement

Canada Silver Closes $1,805,000 Flow-Through Private Placement

 

(TheNewswire)

 
     
  Canada Silver Cobalt Works Inc. 
    
 

October 19, 2022 TheNewswire - Coquitlam, BC, Canada - Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the "Company" or "Canada Silver Cobalt") announces that, further to its news release dated October 18, 2022, the Company has closed a fully subscribed for non-brokered private placement raising gross proceeds of $1,805,000.

 

  The Company issued 13,681,819 Quebec flow-through units ("QFT Units") at a price of $0.11 per QFT Unit. The Company also issued 3,000,000 FT Units ("FT Units") at a price of $0.10 per FT Unit raising gross proceeds of $300,000.  

 

  Each QFT and FT Unit is comprised of one flow-through common share of the Company and one half of one share purchase warrant.  Each whole warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.15 per share, for a period of two years from closing, subject to final approval of the TSX Venture Exchange ("Exchange").  

 

  The proceeds of the FT private placement will be used for ongoing drilling of the Company's Eby-Otto property located near Kirkland Lake, Ontario.   The proceeds of the QFT private placement will be used for the Company's Lowney-Lac Edouard property, located in central Quebec.  

 

  GloRes Securities Inc., the lead finder for the financing, was paid $102,350 in cash and 938,637 finder's warrants.  An additional $42,000 cash and 400,409 finder warrants were also paid to Qwest Investment Fund Management Ltd.   The finder's warrants are at an exercise price of $0.11 per share, for a period of two years from closing.   The finder's fees paid in connection with the private placement are subject to Exchange approval.  

 

  All securities issued in connection with the private placement will be subject to a four‐month and a day hold period expiring on February 20, 2023 in accordance with applicable Canadian Securities Laws.  

 

  About Canada Silver Cobalt Works Inc.  

 

  Canada Silver Cobalt Works released the first-ever resource in the Gowganda Camp and greater Cobalt Camp.   The Castle Property is 15 km east of Aris Gold Corp's Juby gold deposit, 30 km due south of Alamos Gold's Young-Davidson mine, 75 km southwest of Kirkland Lake Gold's Macassa Complex, and 100 km southeast of new gold discoveries in the Timmins West area.  

 

  Canada Silver Cobalt Works released the first-ever resource in the Gowganda Camp and greater Cobalt Camp in May 2020.  A total of 7.56   million ounces of silver in Inferred resources comprising very high-grade silver (8,582 grams per tonne un-cut or 250.2 oz/ton) in 27,400 tonnes of material from two sections (1A and 1B) of the Robinson Zone beginning at a vertical depth of approximately 400 meters were identified. The discovery remains open in all directions   (mineral resources that are not mineral reserves do not have demonstrated economic viability)   (refer to Canada Silver Cobalt Works Press Release May 28, 2020)   Report reference: Rachidi, M. 2020,   NI   43-101 Technical Report Mineral Resource Estimate for Castle East, Robinson Zone, Ontario, Canada   , with an effective date of May 28, 2020, and a signature date of July 13, 2020).  

 

  Canada Silver Cobalt's flagship Castle mine and 78 sq. km Castle Property features strong exploration upside for silver, cobalt, nickel, gold and copper in the prolific past producing Gowganda high-grade Silver District of Northern Ontario. With underground access at Castle, a pilot plant to produce cobalt-rich gravity concentrates on site, a processing facility (TTL Laboratories) in the town of Cobalt, and a proprietary hydrometallurgical process known as Re-2Ox for the creation of technical grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations, Canada Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space.   More information at     www.canadasilvercobaltworks.com    

 

  "Frank J. Basa"  

 

  Frank J. Basa, P. Eng.  

 

  Chief Executive Officer  

 

  For further information, contact:  

 

  Frank J. Basa, P.Eng.  

 

  Chief Executive Officer  

 

  416-625-2342  

 

  Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements.  

 

Copyright (c) 2022 TheNewswire - All rights reserved.

 

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Canada Silver Announces Effective Date of Name Change to "NORD PRECIOUS METALS MINING INC."

Canada Silver Announces Effective Date of Name Change to "NORD PRECIOUS METALS MINING INC."

 

(TheNewswire)

 
     
  Canada Silver Cobalt Works Inc. 
          
 

January 19, 2024 TheNewswire - Coquitlam, BC, Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce that further to its news release dated January 4, 2024, the TSX Venture Exchange has accepted the name change to " Nord Precious Metals Mining Inc. ".

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Canada Silver Announces Name Change to Nord Precious Metals Mining Inc.

Canada Silver Announces Name Change to Nord Precious Metals Mining Inc.

 

(TheNewswire)

 
     
  Canada Silver Cobalt Works Inc. 
          
 

Coquitlam, BCCanada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the "Company" or "Canada Silver Cobalt is pleased to announce that shareholders at the Annual and General Meeting held on October 31, 2023 voted in favour to change the Company's name to "Nord Precious Metals Mining Inc".  The new name will better reflect the direction of the Company.  The name change is subject to TSX Venture Exchange ("Exchange") approval.

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Canada Silver Cobalt Works Reflects on a Productive Year of Achievements

Canada Silver Cobalt Works Reflects on a Productive Year of Achievements

 

(TheNewswire)

 
     
  Canada Silver Cobalt Works Inc. 
          
 

  New discoveries of precious and battery metals and progress towards surfacing value for shareholders through a spinout of a potentially large nickel-copper-cobalt property in Quebec  

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Canada Silver Cobalt Begins Drilling at Lowney-Lac Edouard in Quebec, Targeting Nickel-Copper-Cobalt Mineralization

Canada Silver Cobalt Begins Drilling at Lowney-Lac Edouard in Quebec, Targeting Nickel-Copper-Cobalt Mineralization

 

(TheNewswire)

 
     
  Canada Silver Cobalt Works Inc. 
          
 

  The property has many yet-to-be-drilled targets and prospective electromagnetic anomalies identified by an airborne geophysical survey.  

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Canada Silver Cobalt to Reprice Warrants

Canada Silver Cobalt to Reprice Warrants

 

(TheNewswire)

 
     
  Canada Silver Cobalt Works Inc. 
          
 

Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the " Company " or " Canada Silver Cobalt ") announces that it is proposing to amend the terms of an aggregate 23,380,092 outstanding common share purchase warrants ("Warrants") by amending the exercise price to $0.06 per share

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Brunswick Exploration Has Now Identified Four Major New Dykes in 2025 at Mirage

Brunswick Exploration Has Now Identified Four Major New Dykes in 2025 at Mirage

 

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; " BRW " or the " Company ") is pleased to report the final set of results obtained as part of the 2025 Winter drill campaign conducted on its Mirage Project. The Mirage Project is located in the Eeyou Istchee–James Bay region of Quebec, approximately 40 kilometers south of the Trans-Taiga Road. This press release primarily focuses on the drilling work carried out in the eastern extension of the MR-6 dyke and the "Stacked Dyke" zone.

 

  Highlights include:  

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SAGA Metals Confirms Significant Oxide Layering in the Northwest of the 100% owned Radar Titanium Project in Labrador, Canada

SAGA Metals Confirms Significant Oxide Layering in the Northwest of the 100% owned Radar Titanium Project in Labrador, Canada

 

Saga Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) a North American exploration company focused on critical mineral discovery, is pleased to announce SAGA's geophysics team has confirmed significant oxide mineralization in the northwest section of the 100% owned Radar Titanium Property (the "Property) over the site previously drilled back in 1996.

 

  Northwest Zone, Radar Property  

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Lithium Universe Ltd  Interview with Executive Chairman

Lithium Universe Ltd Interview with Executive Chairman

Melbourne, Australia (ABN Newswire) - Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce an interview with Executive Chairman, Iggy Tan at the recent Lithium Supply & Battery Raw Materials Conference in Las Vegas. The interview was conducted by The Rock Stock Channel.

Interview Highlights

- Discussions with potential spodumene feedstock offtakers ongoing

- Further talks with potential OEMs on battery grade lithium carbonate offtake

- All work completed on Becancour Lithium Project - waiting for lithium market recovery

- Acquisition of global rights photovoltaic (PV) solar panel recycling technology

- "Microwave Joule Heating Technology" (MJHT) from Macquarie University

- Utilizes microwave technology to selectively heat and delaminate PV cells

- Today only 15% of waste solar cells are recycled, rest end up in land fill

- Difficult to recycle, high temperature furnace, toxic chemicals, low recovery

- To investigate further recovery of silver, silicon, gallium and indium

To Watch the Interview, please visit:
https://www.abnnewswire.net/lnk/S0S4T95N

 

About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe's mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.

 

 

Source:
Lithium Universe Ltd

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