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

 

(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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Lithium Universe Ltd  PV SOLAR CELL Recycling Acquisition Legal Due Diligence Complete

Lithium Universe Ltd PV SOLAR CELL Recycling Acquisition Legal Due Diligence Complete

Melbourne, Australia (ABN Newswire) - Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce that further to its announcement dated 18 June 2025 (Announcement), it has now completed legal due diligence to its absolute satisfaction. As such, the Company is now progressing towards completion of the Acquisition (defined below).

ACQUISITION DETAILS

As detailed in the Announcement, the Company has entered into a binding agreement to acquire the global rights to commercially exploit a patented photovoltaic (PV) solar panel recycling technology known as Microwave Joule Heating Technology. The rights will be secured via an exclusive licensing agreement with Macquarie University (MQU), held through an Australian-incorporated holding company, New Age Minerals Pty Ltd (NAM). The transaction will be effected by the Company acquiring 100% of the issued share capital of NAM (Acquisition).

As disclosed in the Announcement, completion of the Acquisition was conditional on the Company completing legal due diligence. This has now been completed to the satisfaction of the Company.

Completion was also conditional on the Company, NAM and MQU entering into a variation to the licensing agreement to reflect the change in ownership of NAM. The parties have since agreed in writing to waive this condition to allow completion of the Acquisition to proceed, with the variation to be entered into with MQU as soon as practicable following completion.

The Company will now proceed to the acquisition of NAM.

 

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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Western Uranium & Vanadium Announces Results of AGM and Appoints New Transfer Agent

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Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) ("Western" or the "Company") is pleased to announce the results of the Company's Annual General and Special Meeting of shareholders (the "Meeting") held in Nucla, Colorado on June 27, 2025.

 

Proxy votes were cast for common shares representing approximately 51% of the issued and outstanding common shares of the Company as at the record date for the Meeting. Each of the other matters put forward before shareholders for consideration and approval at the Meeting, as described in the Company's management information circular dated May 22, 2025, was duly approved by the requisite number of votes.

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