Canada Silver Reminds Shareholders to Vote in Favour of the Plan of Arrangement and Related Matters

Canada Silver Reminds Shareholders to Vote in Favour of the Plan of Arrangement and Related Matters

(TheNewswire)

Canada Silver Cobalt Works Inc.

- Canada Silver Cobalt to transfer the Graal property located in Québec to its subsidiary Coniagas Battery Metals with the intention of Coniagas becoming a supplier to the electric vehicle ("EV") market

- Annual and special meeting of shareholders to be held on October 31, 2023 to approve the transaction

Coquitlam, BC TheNewswire - October 20, 2023 Canada Silver Cobalt Works Inc. (TSXV:CCW) (OT C: CCWOF) (Frankfurt:4T9B) (the "Company" or "Canada Silver Cobalt") announces that further to the Company's news release dated September 26, 2023 the Company will hold an annual and special meeting of shareholders on October 31, 2023 to approve the plan of arrangement, among other things.  A copy of the Company's management information circular is available on the Company's website at www.canadasilvercobaltworks.com and under the Company's profile on SEDAR+ at www.sedarplus.ca . An Arrangement Agreement entered into between the Company and Coniagas and the plan of arrangement will be annexed to the circular as schedules. If shareholders approve the plan of arrangement and related matters at the meeting, the Company will seek a final order for the plan of arrangement from the British Columbia Supreme Court on November 3, 2023.

The Company encourages all shareholders to review the circular and its schedules and to vote their shares prior to the meeting.

How to Vote

If you are a registered Canada Silver Cobalt shareholder your vote by proxy must be received before 10:00 am pacific standard time on October 27, 2023, or, if the Meeting is adjourned or postponed, at least 48 hours (excluding Saturdays, Sundays and statutory holidays in the Province of British Columbia) before the beginning of any adjourned or postponed meeting.

If you are a Non-Registered Canada Silver Cobalt Shareholder (for example, if you hold Canada Silver Cobalt Shares in an account with an intermediary), you should follow the voting procedures described in the form of proxy or voting instruction form provided by your intermediary or call your intermediary for information as to how you can vote your Canada Silver Shareholder Shares. Note that the deadlines set by your intermediary for submitting your form of proxy or voting instruction form may be earlier than the dates described above.

Your vote is important. If you have any questions regarding the terms of the Proxy Solicitation or requests for assistance relating to the procedures for delivering instructions, please contact Frank Basa, CEO of the Company at 416-625-2342 or by email at frank@grupomoje.com or Wayne Cheveldayoff, Corporate Communications at 416-710-2410 or by email at waynecheveldayoff@gmail.com

About Canada Silver Cobalt Works Inc.

Canada Silver Cobalt Works Inc. recently discovered a major high-grade silver vein system at Castle East located 1.5 km from its 100%-owned, past-producing Castle Mine near Gowganda in the prolific and world-class silver-cobalt mining district of Northern Ontario. The Company has completed a 60,000 m drill program aimed at expanding the size of the deposit with an update to the resource estimate underway.

In May 2020, based on a small initial drill program, the Company published the region's first 43-101 resource estimate that contained 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 Castle East Robinson Zone, beginning at a vertical depth of approximately 400 meters. Note that mineral resources that are not mineral reserves and do not have demonstrated economic viability. Please refer to Canada Silver Cobalt Works Press Release May 28, 2020, for the resource estimate. 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.

The Company also has: (1) 14 battery metals properties in Northern Quebec where it has recently completed a nearly 16,000-metre drill program on the Graal property; (2) the prospective 1,000-hectare Eby-Otto gold property close to Agnico Eagle's high-grade Macassa Mine near Kirkland Lake, Ontario where it is exploring; and (3) lithium property – 230 square kilometers of greenfield exploration ground focussed along a significant volcanic sedimentary rock – Archean granite contact near Cochrane, Ontario contiguous to Power Metals' Case Lake Lithium properties.

Canada Silver Cobalt's flagship silver-cobalt Castle mine and 78 sq. km Castle property feature strong exploration upside for silver, cobalt, nickel, gold, and copper. With underground access at the fully owned Castle Mine, an exceptional high-grade silver discovery at Castle East, a pilot plant to produce cobalt-rich gravity concentrates, 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 is available 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

or:

Wayne Cheveldayoff,

Corporate Communications

P: 416-710-2410

E: waynecheveldayoff@gmail.com  

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements

This news release may contain forward-looking statements regarding Canada Silver Cobalt Works Inc. (the "Company") and Coniagas Battery Metals Inc. ("Coniagas") 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 the proposed distribution of common shares and common share purchase warrants of Coniagas to the shareholders of the Company, the proposed private placement by Coniagas and proposed listing of Coniagas on a Canadian stock exchange, resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. No assurance can be given that any of the foregoing will be achieved. 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. A detailed discussion of the risk factors in connection with the proposed plan of arrangement will be set out in the Company's management information circular, which will be available under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website .

Copyright (c) 2023 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

CCW:CA
The Conversation (0)
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. ".

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
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.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
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

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
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.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
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

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
E-Power Resources Inc. Announces Closing of a Third and Final Tranche of Oversubscribed Private Placement

E-Power Resources Inc. Announces Closing of a Third and Final Tranche of Oversubscribed Private Placement

E-Power Resources Inc. (CSE: EPR) ("E-Power" or the "Company") announces that it has closed a third and final tranche of the private placement previously announced on September 24, 2024 (the "Private Placement"). The oversubscribed private placement was originally announced for $420,000, but a total of $526,264 was raised in all three tranches.

An aggregate of 3,150,000 units (the " Units") of the Company were issued in the third and final tranche at a price of $0.05 per Unit for gross proceeds of $157,500, each Unit being comprised of one common share in the capital of the Company (each a "Common Share") and one-half common share purchase warrant (each a "Warrant"), each Warrant entitling its holder thereof to acquire one additional common share (each a "Warrant Share") at a price of $0.10 per Warrant Share for a period of 60 months from the closing date. (the "Offering").

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
SAGA Metals Announces Assay Results from North Wind Iron Ore Project

SAGA Metals Announces Assay Results from North Wind Iron Ore Project

Saga Metals Corp. (" TSXV: SAGA ") (" FSE: 20H" ) (" SAGA " or the " Company "), a North American exploration company focused on discovering critical minerals, is pleased to announce the results from its initial field program at the North Wind High-Purity Iron Ore project in west central Labrador, Canada.

Key Field Program Highlights

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Mawson Finland Limited Presents Downhole EM  Geophysics: Multiple Deep Conductors Newly Identified at Rajapalot

Mawson Finland Limited Presents Downhole EM Geophysics: Multiple Deep Conductors Newly Identified at Rajapalot

Mawson Finland Limited ("Mawson" or the "Company") (TSXV:MFL) is pleased to announce results from downhole electro-magnetic "DHEM" geophysical surveys conducted at the Rajapalot gold-cobalt project in Finland

Highlights:

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Canadian Investment Regulatory Organization Trade Resumption - EDDY

Canadian Investment Regulatory Organization Trade Resumption - EDDY

Trading resumes in:

Company: Edison Lithium Corp.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Edison Lithium Arranges Sale of Interest in Argentinian Lithium Properties for US$3.5 Million

Edison Lithium Arranges Sale of Interest in Argentinian Lithium Properties for US$3.5 Million

Edison Lithium Corp. (TSXV: EDDY) (OTC Pink: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to announce that, effective November 12, 2024, it has accepted a non-binding purchase offer letter from Mava Gasoil LLC ("Mava"), a corporation based in Houston Texas, for the sale of 100% of the interest in the Company's Argentina subsidiary, Resource Ventures S.A. ("ReVe"), in consideration for USD$3,500,000. One of the LEXI claims owned by ReVe and the royalties on that mining property, and the PINAC mining properties owned by ReVe are excluded from the sale and will be retained by Edison.

ReVe controls the rights to prospective lithium brine claims in the province of Catamarca, Argentina. The claims are principally located in the two geologic basins known as the Antofalla Salar and the Pipanaco Salar. ReVe's assets on closing of the disposition to Mava will include 30 mining concessions covering approximately 104,538 hectares area in Catamarca Province, Argentina. The Company will retain and focus its Argentinian efforts on 8 mining concessions covering approximately 35,000 hectares area in Catamarca Province, Argentina, which are not subject to the sale and amount to approximately 25% of the claims currently held by ReVe.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Argentina Lithium Announces Cancellation of the Non-Brokered Private Placement

Argentina Lithium Announces Cancellation of the Non-Brokered Private Placement

/NOT FOR DISTRIBUTION TO UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/

TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FSE): OAY3
OTCQX Venture Market: LILIF

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×