Battery Metals

Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to provide an asset update on its current royalty portfolio

Brendan Yurik, CEO of Electric Royalties, commented: "We are seeing rapid progress across many of our lithium royalty interests, and we are confident that our commitment to clean energy metal royalties remains a solid business proposition. As an example, Sayona Mining is steadily advancing its North American Lithium (NAL) operation and the planned integration of the Authier project. NAL is projected to be the only producing lithium mine in Canada by early next year, and will potentially be a steady and long-life cashflow generator for Electric Royalties at such time as it commences production. All of our lithium royalties to date are on hard rock lithium spodumene deposits in Eastern Canada and were acquired when lithium spodumene prices were less than $500 per tonne; recent prices have reached over $7,500 per tonne1, representing an increase of 1,400%. As a royalty company, our expected revenue from royalties is directly proportional to metal prices. We're looking forward to production at Authier, potentially in 2023, along with the expected economic study for Seymour Lake and an initial resource estimate at Cancet. The advancement of the Mont Sorcier vanadium royalty towards feasibility stage and Battery Hill towards pre-feasibility during the next 12 months are also exciting milestones that we are anticipating at Electric Royalties."

Highlights since the Company's previous update on August 23, 2022:

  • Authier Lithium Project(0.5% Gross Metal Royalty) - Sayona Mining Limited (ASX:SYA) ("Sayona") announced on September 16, 2022 that it has further advanced its planned restart of spodumene (lithium) production at the North American Lithium (NAL) operation in Québec, Canada, with permitting applications 95% complete and procurement at 94%, with most major procurement items already on‐site. Construction activities have also ramped up, with the installation of cone crushers underway, among other items.

Additionally, Sayona announced on September 27, 2022 that Québec company L. Fournier & Fils was awarded an approximately C$200 million contract for the supervision of all stripping and drilling, blasting, loading and transportation of ore and waste rock, maintenance of mining roads, and all other services related to operations at NAL. The contract is expected to generate 120 new jobs.

Sayona announced on October 4, 2022 that it has launched a pre-feasibility study (PFS) to examine the option of producing lithium carbonate from spodumene produced at NAL, where production of spodumene concentrate is scheduled to commence in Q1 2023. According to Sayona, the potential move downstream could enhance the long‐term value and profitability of the NAL operation. Major engineering firm Hatch will undertake the lithium carbonate PFS, targeting completion by March 2023.

Sayona plans to combine mineralized material produced from Authier with mineralized material at the nearby NAL site, with a goal to facilitate improvement in plant performance and economics. A PFS for NAL integrates Authier, on which Electric Royalties holds a 0.5% gross metal royalty, with the NAL operation into Sayona's Abitibi Lithium Hub.

  • Cancet Lithium Project (1.0% Net Smelter Royalty) - Winsome Resources Limited (ASX:WR1) ("Winsome") announced on September 26, 2022 that it has completed Stage 1 environmental studies of the Cancet lithium project in Québec, Canada. Completion of environmental studies marks a step towards progressing ongoing exploration activity and the mining approval process. The survey and field work carried out by First Nations-led consultancy Niigaan helps to inform an environmental map database covering the Cancet property. Winsome expects the full environmental dataset to be completed in 2023.

On October 5, 2022, Winsome announced that one of the approximately 15 pegmatite outcrops identified during previous field exploration work will be targeted in drilling to begin in October. This reverse circulation drilling program is due to conclude at Cancet in December, and based on results of the campaign, one or more diamond drill rigs will be brought to site to conduct more thorough drilling of the new targets, as well as to infill and extend drilling on the main mineralized body.

  • Battery Hill Manganese Project (2.0% Gross Metal Royalty) - Manganese X Energy Corp. (TSXV:MN) ("Manganese X") announced on October 4, 2022 that has filed a provisional patent on the manganese purification process in preparation for its upcoming pilot project at the Battery Hill manganese project in New Brunswick, Canada. As the next step to fast track the development of Battery Hill, Manganese X has started the development of the field pilot plant with the goal of demonstrating its proprietary process for treating Battery Hill mineralization under near commercial-scale operating conditions that incorporates a modular design.

On October 11, 2022, Manganese X announced plans to commence the Battery Hill pre-feasibility study in-fill and step-out drilling program. Tendering for the proposed drilling program is underway with commencement tentatively scheduled for late October 2022. The goal of the drill program is to in-fill and expand the measured and indicated resources in preparation for the pre-feasibility study by upgrading the inferred category resource included in the mine plan in the preliminary economic assessment.

In addition to this drilling program, Manganese X is scoping the engineering, environmental and social studies to support the PFS work program. Geotechnical and hydrogeological drilling is planned for early 2023 for open-pit mine design and to advance the understanding of ground conditions in proposed infrastructure sites. Additional environmental baseline data will continue to be collected through 2022 and 2023.

  • Mont Sorcier Iron and Vanadium Project (1.0% Gross Metal Royalty) - Voyager Metals Inc. (TSXV:VONE) ("Voyager") announced on September 27, 2022 that it has retained DRA Americas Inc. to act as project integrator for the NI 43-101 feasibility study of the Mont Sorcier iron and vanadium project located near Chibougamau, Québec, Canada, along with the responsibility for future mineral resource and mineral reserve estimates. All other key consultants remain unchanged. Voyager also revised its timeline for the feasibility study to the end of Q2 2023.
  • Seymour Lake Lithium Project (1.5% Net Smelter Royalty) -On August 22, 2022, Green Technology Metals Limited (ASX: GT1) ("Green Technology Metals") provided an update on diamond drilling activity at the Seymour Lake lithium project in Ontario, Canada.

The drilling focus at Seymour Lake now moves to testing for lateral repeats of the North Aubry deposit to the north and drilling the multiple mapped pegmatite targets across the Pye Complex.

Figure 1: Location map of northern area of the Seymour Lake project showing North and South Aubry deposits, Central Aubry zone and Pye prospect. Source: Green Technology Metals.

Electric Royalties Ltd., Thursday, October 13, 2022, Press release picture
  • Chubb Lithium Project (2.0% Gross Metal Royalty) - Newfoundland Discovery Corp. (CSE:NEWD) ("Newfoundland Discovery") announced on October 4, 2022 that it has entered into a binding letter of intent whereby it has granted Mining Equities Pty Ltd. ("Mining Equities"), an Australian company, the right to acquire a 100% interest in the Chubb property, consisting of thirty-five mineral claims comprising approximately 15 km2, located in Québec, Canada.

Newfoundland Discovery has granted Mining Equities an exclusive due diligence period of forty-five days in consideration of a non-refundable payment of C$10,000. The closing of the transaction is subject to the satisfaction of the certain conditions set out in Newfoundland Discovery's October 4 news release.

David Gaunt, P.Geo., a qualified person who is not independent of Electric Royalties, has reviewed and approved the technical information in this release.

1https://tradingeconomics.com/commodities

About Electric Royalties Ltd.
Electric Royalties is a royalty company established to take advantage of the demand for a wide range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper) that will benefit from the drive toward electrification of a variety of consumer products: cars, rechargeable batteries, large scale energy storage, renewable energy generation and other applications.

Electric vehicle sales, battery production capacity and renewable energy generation are slated to increase significantly over the next several years and with it, the demand for these targeted commodities. This creates a unique opportunity to invest in and acquire royalties over the mines and projects that will supply the materials needed to fuel the electric revolution.

Electric Royalties has a growing portfolio of 20 royalties, including one royalty that currently generates revenue. The Company is focused predominantly on acquiring royalties on advanced stage and operating projects to build a diversified portfolio located in jurisdictions with low geopolitical risk, which offers investors exposure to the clean energy transition via the underlying commodities required to rebuild the global infrastructure over the next several decades towards a decarbonized global economy.

For further information, please contact:
Brendan Yurik
CEO, Electric Royalties Ltd.
Phone: (604) 364‐3540
Email: Brendan.yurik@electricroyalties.com
www.electricroyalties.com

Scott Logan
Renmark Financial Communications Inc.
Phone: (416) 644-2020 or (212) 812-7680
Email: slogan@renmarkfinancial.com
www.renmarkfinancial.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor any other regulatory body or securities exchange platform, accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements Regarding Forward-Looking Information and Other Company Information

This news release includes forward-looking information and forward-looking statements (collectively, "forward-looking information") with respect to the Company within the meaning of Canadian securities laws. This news release includes information regarding other companies and projects owned by such other companies in which the Company holds a royalty interest, based on previously disclosed public information disclosed by those companies and the Company is not responsible for the accuracy of that information, and that all information provided herein is subject to this Cautionary Statement Regarding Forward-Looking Information and Other Company Information.Forward looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. This information represents predictions and actual events or results may differ materially. Forward-looking information may relate to the Company's future outlook and anticipated events and may include statements regarding the financial results, future financial position, expected growth of cash flows, business strategy, budgets, projected costs, projected capital expenditures, taxes, plans, objectives, industry trends and growth opportunities of the Company and the projects in which it holds royalty interests.

While management considers these assumptions to be reasonable, based on information available, they may prove to be incorrect. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company or these projects to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving the renewable energy industry; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the mining industry generally, the Covid-19 pandemic, recent market volatility, income tax and regulatory matters; the ability of the Company or the owners of these projects to implement their business strategies including expansion plans; competition; currency and interest rate fluctuations, and the other risks.

The reader is referred to the Company's most recent filings on SEDAR as well as other information filed with the OTC Markets for a more complete discussion of all applicable risk factors and their potential effects, copies of which may be accessed through the Company's profile page at www.sedar.com and at otcmarkets.com.

SOURCE: Electric Royalties Ltd.



View source version on accesswire.com:
https://www.accesswire.com/720261/Electric-Royalties-Provides-Update-on-Royalty-Portfolio

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CORRECTION FROM SOURCE; Electric Royalties To Acquire 0.75% GRR on Producing Tin-Tantalum Mine in Spain

CORRECTION FROM SOURCE; Electric Royalties To Acquire 0.75% GRR on Producing Tin-Tantalum Mine in Spain

This news release contains amendments to the paragraph below the Financing section heading, and the year production commenced at the Penouta Mine. Complete corrected text follows

Electric Royalties Ltd. (TSXV:ELEC) (OTCQB:ELECF) ("Electric Royalties" or the "Company")is pleased to announce the signing of an agreement with Strategic Minerals Europe Corp. (NEO: SNTA) (OTCQB: SNTAF) ("Strategic Minerals") to acquire a newly granted 0.75% Gross Revenue Royalty (the "0.75% GRR") on the producing Penouta tin-tantalum mine in Spain (the "Project" or "Penouta") in exchange for a cash payment of C$1,000,000 and 500,000 common shares of Electric Royalties. In addition, the Company will have an option for a period of 7 months from closing to acquire an additional 0.75% GRR (the "0.75% Option GRR") on Penouta in exchange for an additional cash payment of C$1,250,000. The royalty rates will be reduced to 0.5% respectively once certain minimum royalty payments have been made.

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CORRECTION FROM SOURCE: Electric Royalties to Acquire 0.75% GRR on Producing Tin-Tantalum Mine in Spain

CORRECTION FROM SOURCE: Electric Royalties to Acquire 0.75% GRR on Producing Tin-Tantalum Mine in Spain

This news release has been amended to add "(Mt)" in Table 1. Complete corrected text follows

Electric Royalties Ltd. (TSXV:ELEC) (OTCQB:ELECF) ("Electric Royalties" or the "Company")is pleased to announce the signing of an agreement with Strategic Minerals Europe Corp. (NEO: SNTA) (OTCQB: SNTAF) ("Strategic Minerals") to acquire a newly granted 0.75% Gross Revenue Royalty (the "0.75% GRR") on the producing Penouta tin-tantalum mine in Spain (the "Project" or "Penouta") in exchange for a cash payment of C$1,000,000 and 500,000 common shares of Electric Royalties. In addition, the Company will have an option for a period of 7 months from closing to acquire an additional 0.75% GRR (the "0.75% Option GRR") on Penouta in exchange for an additional cash payment of C$1,250,000. The royalty rates will be reduced to 0.5% respectively once certain minimum royalty payments have been made.

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STRATEGIC MINERALS ENTERS INTO A LETTER OF INTENT FOR A PROPOSED GROSS REVENUE ROYALTY ON THE PENOUTA MINE

STRATEGIC MINERALS ENTERS INTO A LETTER OF INTENT FOR A PROPOSED GROSS REVENUE ROYALTY ON THE PENOUTA MINE

Strategic Minerals Europe Corp. (NEO: SNTA) (FRA: 26K0) (OTCQB: SNTAF) ("Strategic Minerals" or the "Company"), a company focused on the production, development, and exploration of tin, tantalum and niobium, announces that it has entered into a letter of intent (the "LOI") with Electric Royalties Ltd. (TSXV: ELEC) (OTCQB: ELECF) ("Electric Royalties") with respect to the proposed grant to Electric Royalties of a gross revenue royalty on the Company's Penouta tin-tantalum mine in Spain (the "Proposed Transaction").

Pursuant to the LOI, it is proposed that Electric Royalties will acquire a 0.75 percent gross revenue royalty on the production of the Company's Penouta mine in consideration for a cash payment of C$1.0 million and the issuance of 500,000 common shares in the capital of Electric Royalties to the Company. Electric Royalties will also have the option for a period of seven months from the closing date of the Proposed Transaction to acquire an additional 0.75 percent royalty at the Penouta mine in consideration for a further cash payment of C$1.25 million . The royalty rates will be reduced to 0.5 percent respectively once C$1.67 million in royalty revenues have been paid to Electric Royalties.

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Electric Royalties to Acquire 0.75% GRR on Producing Tin-Tantalum Mine in Spain

Electric Royalties to Acquire 0.75% GRR on Producing Tin-Tantalum Mine in Spain

Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to announce the signing of an agreement with Strategic Minerals Europe Corp. (NEO: SNTA) (OTCQB: SNTAF) ("Strategic Minerals") to acquire a newly granted 0.75% Gross Revenue Royalty (the "0.75% GRR") on the producing Penouta tin-tantalum mine in Spain (the "Project" or "Penouta") in exchange for a cash payment of C$1,000,000 and 500,000 common shares of Electric Royalties. In addition, the Company will have an option for a period of 7 months from closing to acquire an additional 0.75% GRR (the "0.75% Option GRR") on Penouta in exchange for an additional cash payment of C$1,250,000. The royalty rates will be reduced to 0.5% respectively once certain minimum royalty payments have been made

Brendan Yurik, CEO of Electric Royalties commented: "We are tremendously excited about adding this producing tin-tantalum royalty to our metals portfolio. The Penouta Mine is currently the largest tin and tantalum producer in all of Europe1. The operations team at Strategic Minerals has a proven track record of building and operating mines. Penouta has been steadily increasing production since the start of 2022. The mine's best quarter was in September with production of 80 tonnes of primary concentrate of tin and tantalum. Our capital is expected to be well utilized for mine improvements, as well as allowing Strategic Minerals to potentially add additional revenue streams from Penouta.

"We're delighted to partner with Strategic Minerals on this royalty financing and to get our first cash flow exposure to tin. Commodity research firm Roskill forecasts that total market demand for refined tin will exceed 515 kilotonnes by 2030, most of it accounted for by electronic and industrial solder (40%), and also the substantial rise of lithium-ion batteries (9%). Demand increases will require substantial amounts of new refined supply, requiring additional tin feedstock sources2."

Penouta Tin-Tantalum Royalty Acquisition Highlights

  • Europe's biggest producer of tin and tantalum.
  • Proven operations team with a track record of successfully building and operating mines.
  • September production of 66 tonnes of cassiterite concentrate with a tin content of 70.2% and 14 tonnes of tantalite/columbite concentrate containing 25.5% tantalite and 24.8% columbite.
  • Q2 2022 revenues of US$4.7 million, a significant increase year over year. Adjusted EBITDA reached US$1.2 million or 25.8% as a percentage of sales for the second quarter3.
  • Additional potential opportunities to add new revenue streams from high-grade feldspar and rare earths extraction from historical tailings.
  • Long potential mine life based on total measured and indicated resources of 76.3 million tonnes (see Table 1).

Penouta Mine Overview

The Penouta Mine is located in the north-western Spanish province of Ourense. The project has been mined since Roman times, with small underground workings following mineralized quartz veins within the leucogranite. In the early 1900s, a small mining lease was granted, primarily for kaolin, followed by a number of other mining leases in the area. The Penouta Mine was operated by a previous owner between 1976 and 1982, extracting cassiterite and tantalum mineralization by open pit methods.

Table 1: Pit-constrained SRK Mineral Resource Statement for the Penouta tin-tantalum hard rock deposit, effective date March 5, 20214.

Category

Tonnes

Grade

Metal

Ta2O5 Eq (ppm)

Tin (ppm)

Tantalum (ppm)

Ta2O5 (ppm)

Tin (kt)

Tantalum (kt)

Measured

7.6

184

600

85

103

4.6

0.6

Indicated

68.6

145

426

72

88

29.2

4.9

Total Measured & Indicated

76.3

149

443

73

89

33.8

5.6

Inferred

57

129

389

62

76

22

4

Notes:

  1. Mineral resources are not mineral reserves and do not have demonstrated economic viability.
  2. All figures are rounded to reflect the relative accuracy of the estimate; numbers may not add up due to rounding.
  3. The standard adopted in respect of the reporting of Mineral Resources for the Project is in accordance with the terminology, definitions and guidelines given in the Canadian Institute of Mining, Metallurgy and Petroleum Standards on Mineral Resources and Mineral Reserves (CIM Code).
  4. SRK reasonably expects portions of the Penouta deposit to be amenable to open pit mining methods. Open pit Mineral Resources are constrained to within a Whittle optimized pit and reported based on a Ta2O5Eq Resource cut-off which considers processing costs and G&A costs totalling US$7.79/t. Pit slope angles were set to 45 degrees.
  5. Resources are reported at an open pit cut-off grade of 60 ppm Ta2O5Eq.
  6. Cut-off grades are based on a price of US$178/kg and recoveries of 75% for Ta2O5, and US$24/kg and recoveries of 75% for tin.
  7. It is reasonably expected, but not guaranteed, that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.
  8. Inferred Resources are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves.

In January 2021, Strategic Minerals re-commenced open pit production of tin and tantalum and in June 2022, it received an exploitation permit to mine for 30 years, renewable for up to 75 years. The mineral concentrate contains approximately 70% tin (cassiterite) and 30% tantalum. In September, the company achieved the highest monthly production levels of the year (see Table 2).

Table 2: Penouta Mine production, Q2 2021 to September 2022.

Q2 2021

Q2 2022

July 2022

August 2022

Sept 2022

Total Concentrate (tonnes)

107.0

181.7

63.1

63.0

80.2

Cassiterite (tonnes)

80.0

153.3

54.8

53.1

66.2

Tin %

63.7

71.2

70.6

70.8

70.2

Tantalite / Columbite (tonnes)

27.0

28.4

8.3

9.9

14.0

Tantalite (%)

15.5

23.0

22.3

25.5

25.5

Columbite (%)

16.7

23.0

24.7

26.8

24.8

Acquisition Terms

Electric Royalties is acquiring the 0.75% GRR on the Penouta tin-tantalum mine for a total consideration of C$1,000,000 cash and 500,000 common shares of the Company ("Consideration Shares"). Upon receiving C$1,666,667 in royalty revenues from the 0.75% GRR, the royalty rate will be reduced to a 0.5% GRR. Electric Royalties will also have the option for a period of 7 months to acquire an additional 0.75% Option GRR in exchange for C$1,250,000 cash. Assuming exercise of the option, upon payment of C$1,667,666 in royalty revenues from the 0.75% Option GRR, the Option GRR rate will be reduced to 0.5%.

The transaction noted herein is subject to completion of due diligence, approval of the TSX Venture Exchange and other customary conditions.

Financing

The Company has entered into a financing commitment, to be drawn at the election of the Company, with a significant shareholder of the Company. The commitment is C$2 million convertible loan facility with a term of 3 years, bearing interest at 15%, with interest payments capitalized into the principal and due at the end of the loan term. At the discretion of the shareholder, the loan is convertible into common shares of Electric Royalties at C$0.50 per share if the Company's shares trade over that price for a period of five consecutive trading days throughout the term. The funds, if required, would be used to fund the cash portion of the acquisition payment for the producing Penouta royalty and will be secured over Electric Royalties' interest in that royalty. This loan facility is subject to the approval of the TSX Venture Exchange, the completion of loan documentation and other customary closing conditions.

David Gaunt, P.Geo., a Qualified Person who is not independent of Electric Royalties, has reviewed and approved the technical information in this release.

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Electric Royalties Investor Increases Stake to 15.4% as Positive Cash Flow Comes into Sight

Electric Royalties Investor Increases Stake to 15.4% as Positive Cash Flow Comes into Sight

Stefan Gleason (the "Acquiror"), a private investor, today announced that he is filing another early warning report in connection with his acquisition of an additional 2% in outstanding shares of Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company"), taking his stake in the Company to approximately 15.4

"I am thrilled to continue snatching up steeply undervalued shares of this first-mover battery metals company, especially as its royalty portfolio appears poised to spin off several million dollars in annual cash flow within the next three years," said Gleason. "Management has demonstrated it can ink accretive deals while carefully guarding shareholder interests. Well positioned for today's inflationary environment, Electric Royalties' efficient business model has a bright future."

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Infinity Stone Announces Winter Drill Program on Buda Lithium Project

Infinity Stone Announces Winter Drill Program on Buda Lithium Project

Highlights

  • Infinity Stone announces Winter Drill Program with intended commencement on December 5, 2022.
  • Winter Drill Program follows the recovery of grab samples assaying up to 367 ppm Li, 2,090 ppm Rb, and 4,200ppm Be, and channel samples up to 1,408 ppm Rb over 4 metres.
  • The Winter Drill Program will cover 400 to 600 metres, depending on initial results.

Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: GEMSF) (FSE: B2I) (the "Company" or "Infinity Stone"), is pleased to announce its winter drill program on the Buda Lithium Project ("Winter Drill Program"), to test pegmatite layers perpendicular to outcrop zones. The Company anticipates having pre-drill surveying of roads, trails and pads completed by November 30, 2022, with mobilisation of drill equipment following thereafter and commencement by December 5th, 2022.

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ACME Lithium to Present at the Emerging Growth Conference 45

ACME Lithium to Present at the Emerging Growth Conference 45

ACME Lithium Inc. (CSE: ACME) (OTCQX: ACLHF) (the "Company", or "ACME") is pleased to announce that the Company will be presenting at the Emerging Growth Conference 45.

This live, interactive online event will give shareholders and the investment community the opportunity to attend a presentation by President and CEO, Stephen Hanson followed by a Q and A.

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CANADA SILVER COBALT Amends Warrants and Announces Warrant Exercise Incentive Program

CANADA SILVER COBALT Amends Warrants and Announces Warrant Exercise Incentive Program

(TheNewswire)

Canada Silver Cobalt Works Inc.

Coquitlam, BC TheNewswire - November24, 2022 - 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 September 19, 2022, it is amending the terms of an aggregate of 3,798,800 outstanding common share purchase warrants ("Warrants") issued pursuant to a private placement that closed on November 25, 2020. The Warrants have an exercise price of $0.80 and an expiry date of November 27, 2022. The Company will amend the Warrant exercise price to $0.1125 per share and extend the Warrant expiry date by two years to November 27, 2024.

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Andrew Lyons Director and CFO at Foremost Lithium Forfeits His 3 Million PSUs

Andrew Lyons Director and CFO at Foremost Lithium Forfeits His 3 Million PSUs

Andrew Lyons, current director and CFO of Foremost Lithium Resource & Technology Ltd. (CSE: FAT) ("the Company") announces he is forfeiting his total allocated 3 million unvested Performance Share Units (PSUs) pursuant to the Company's Performance Share Unit Plan.

Andrew Lyons will retain his previously awarded and vested 500,000 PSUs.

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Nevada Silver Corporation Plans Name Change to Reference Its Battery and Technology-Related Minerals Portfolio

Nevada Silver Corporation Plans Name Change to Reference Its Battery and Technology-Related Minerals Portfolio

Nevada Silver Corporation (TSXV: NSC) (OTCQB: NVDSF) ("NSC" or the "Company") is pleased to announce plans for a corporate name change to "Electric Metals (USA) Limited" ("Electric Metals"). The Company feels that the change of name, which will be subject to all required regulatory, TSX Venture Exchange ("TSXV"), and shareholder approvals, will better reflect the entirety of its value proposition as a developer of battery and technology-related minerals, including its US manganese and silver properties.

NSC's CEO Gary Lewis commented, "our existing portfolio of assets includes the Emily Manganese Project in Minnesota, which contains a high-grade manganese deposit. We believe there is burgeoning domestic US demand for metals and materials essential to the operation of electric vehicles, rechargeable batteries, and other high-tech industries. As a result, a corporate name that only references the "silver" aspect of our operations is no longer appropriate for the Company."

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TINONE COMPLETES ACQUISITION OF THE RATTLER RANGE TIN PROJECT IN TASMANIA, AUSTRALIA

TINONE COMPLETES ACQUISITION OF THE RATTLER RANGE TIN PROJECT IN TASMANIA, AUSTRALIA

TSX.V: TORC   OTCQB: TORCF

TinOne Resources Inc. (TSXV: TORC) (" TinOne " or the " Company ") is pleased to announce that further to its news release on August 30, 2022 the Company has now acquired a 100% undivided interest in the Rattler Range tin project (" Rattler Range ") in northeastern Tasmania, Australia .

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