Base Metals

(TheNewswire)

Noble Mineral Exploration Inc.

Noble Mineral Exploration Inc. (the "Company" or "Noble") (TSXV:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) announced that it has completed the debt settlement that was announced on April 14, 2022, having received approval of board its Board of Directors and the TSX Venture Exchange.  436,262 common shares of Noble were issued in that transaction in settlement of f $61,076.70 of debt at $0.14 per share.  The shares issued are subject to a 4-month hold period expiring August 19, 2022

Noble also announced that it was now able to provide additional details regarding the previously announced special in-kind distribution.  More details on that distribution can be found in the Company's news release of March 9, 2022.

Shareholders are reminded that the distribution is being made at the rate of 0.01725 of a share of Canada Nickel Company Inc. (trading symbol TSX-V: CNC) (" CNC ") per whole share of Noble held (the " Distribution ").  No fractional shares or cash in lieu thereof (or any other form of payment) will be payable as part of the Distribution (with the number of CNC shares due to any shareholder rounded down to the nearest whole share).  The close of business on Monday, April 18, 2022 (the " Record Date ") was established as the record date for the D istribution .

Based on the number of Noble shares outstanding at the close of business on the Record Date, approximately 3,737,269 CNC shares will be distributed through the D istribution , although due to rounding the final number will be slightly lower.  In connection with the Dividend, acting on authorization previously granted by Noble's shareholders, the Board of Directors implemented a reduction of Noble's stated capital.  Based on the closing price of $2.69 per CNC share on the Record Date, the Company will be treating $2.52 per whole CNC share as a return of capital to Noble's shareholders, and $0.17 per whole CNC share as income distributed to Noble's shareholders. However, Noble disclaims any responsibility for the tax treatment adopted by any or all shareholders with respect to the D istribution , as the tax position that applies to any shareholder will depend on a number of factors that are particular to that shareholder.  Shareholders are encouraged to seek their own advice as to the tax treatment of the Distribution applicable to them.

H. Vance White, President and CEO of Noble, added:  "We're very pleased to be completing this distribution.  Applying the closing price for CNC's shares on the Record Date, the D istribution results in more than $10 Million being distributed to Noble's shareholders.  If you factor in the distribution of CNC shares completed by Noble in 2020, at today's price nearly $37 Million of value will have been distributed by Noble to its shareholders in the form of CNC shares in recent years.  Noble will retain more than 2.9 million shares of CNC after the D istribution has been completed, and the D istribution has encouraged a number of Noble warrant-holders to exercise their warrants in recent weeks, leaving Noble with a healthy cash position of approximately $3mm."

Due Bill Trading In Effect

Shareholders are reminded that the D istribution will be paid on or about Monday April 25, 2022 (the " Distribution Payment Date "), and Noble's shares trade on a "Due Bill" basis from the opening of trading on April 14, 2022 (the last trading day before the Record Date) until the close of business on April 25, 2022 (the " Due Bill Period' ).  The Due Bill is effectively the entitlement to receive the D istribution .  Any shareholder who sells shares of Noble during the Due Bill Period will also sell the entitlement to the D istribution . The Company's common shares will begin trading on an ex- dividend basis, or without the entitlement to the D istribution , from the opening of trading on April 26, 2022 (being the next trading day after the D istribution Payment Date).

The Due Bills will be redeemed on April 27, 2022, once all trades with the attached Due Bills entered during the Due Bill Period have settled.

Registered holders of Noble entitled to the D istribution , being those holding Noble share certificates and/or Noble shares under the Direct Registration System (" DRS "), will receive the D istribution by way of DRS statements.  The Company is also coordinating arrangements with depositories for the issuance and distribution of the D istribution to those holding their Noble common shares through brokerage accounts.  Shareholders so holding their Noble shares through brokerage accounts should contact their brokers for further information regarding payment of the D istribution .

About Noble Mineral Exploration Inc.:

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd. and MacDonald Mines Exploration Ltd., and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario, will continue to hold approximately ~25,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81, as well as an additional ~11,000 hectares in the Timmins area and ~14,400 hectares of mining claims in Central Newfoundland.  Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration.  It will also hold its recently acquired ~14,600 hectares in the Nagagami Carbonatite Complex near Hearst, Ontario, as well as ~3,700 hectares in the Buckingham Graphite Property, ~518 hectares in the Laverlochere Nickel, Copper, PGNM property and ~482 hectares in the Cere-Villebon Nickel, Copper, PGM property, all of which are in the province of Quebec.  More detailed information is available on the website at www.noblemineralexploration.com .

Noble's common shares trade on the TSX Venture Exchange under the symbol "NOB."

Cautionary Statement:

Neither 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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

The foregoing information may contain forward-looking statements relating to the future performance of Noble Mineral Exploration Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators.  Noble Mineral Exploration Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts:

H. Vance White, President

Phone:        416-214-2250

Fax:        416-367-1954

Email:

Investor Relations

Email: ir@noblemineralexploration.com

Copyright (c) 2022 TheNewswire - All rights reserved.

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Noble Mineral

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Noble Mineral Exploration Update

Noble Mineral Exploration Update

(TheNewswire)

Noble Mineral Exploration Inc.

Toronto, Ontario TheNewswire - May 19, 2022 Noble Mineral Exploration Inc. ( "Noble" or the "Company" ) (TSXV:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) is pleased to report on the proposed programs for a number of its active projects.

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Noble Mineral Exploration Inc.: Exploration Update

Noble Mineral Exploration Inc.: Exploration Update

(TheNewswire)

Noble Mineral Exploration Inc.

Noble Mineral Exploration Inc. ( "Noble" or the "Company" ) (TSXV:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) is pleased to report on the proposed programs for a number of its active projects

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Noble Minerals Acquires a Copper-Precious Metal Prospect near Hearst, Ontario

Noble Minerals Acquires a Copper-Precious Metal Prospect near Hearst, Ontario

(TheNewswire)

Noble Mineral Exploration Inc.

140 kg Boulder Discovered Containing 71.8% Copper, 252 g/t Silver, 3.79 g/t Gold and 6.65 g/t Platinum Group Metals

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Noble Closes Transactions with Canada Nickel

Noble Closes Transactions with Canada Nickel

(TheNewswire)

Noble Mineral Exploration Inc.

Toronto, Ontario TheNewswire - April 20, 2022 - Noble Mineral Exploration Inc. (the "Company" or "Noble") (TSXV:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) announced that it has closed the Sale Transaction and Option Transaction with Canada Nickel Company Inc. which were approved at the shareholders' meeting held on March 14, 2022. For further details on the Sale Transaction and Option Transaction, please refer to the news releases issued on November 22, 2021, February 24, 2022, and March 15, 2022.

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Noble Undertakes Shares for Debt Settlement

Noble Undertakes Shares for Debt Settlement

(TheNewswire)

Noble Mineral Exploration Inc.

Toronto, Ontario TheNewswire - April 13, 2022 - Noble Mineral Exploration Inc. (the "Company" or "Noble") (TSXV:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) announces that it has reached an agreement with a creditor to settle a total of $61,076.70 of debt through the issuance of common shares, at a valuation of $0.14 per share.  The transaction remains subject to approval of the TSX Venture Exchange and to the Board of Directors of Noble.  If approved and completed, a total of 436,262 common shares would be issued in this transaction.

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Stillwater Critical Minerals Announces Participation in THE Mining Investment Event of the North, Canada's First Tier I Mining Conference

Stillwater Critical Minerals Announces Participation in THE Mining Investment Event of the North, Canada's First Tier I Mining Conference

 Stillwater Critical Minerals (TSXV: PGE), focused on battery, catalytic and precious metals at the Company's flagship Stillwater West project in Montana, USA, is pleased to announce that it will be participating in THE Mining Investment Event of the North, which will be held IN PERSON and will take place on June 19-21, 2022, at the Fairmont Chateau Frontenac and Voltigeurs de Quebec Armoury in Quebec City, Canada.

CEO, Michael Rowley will be presenting at 2:50PM ET on June 20th. Management from Stillwater Critical Minerals will also be holding one-on-one investor meetings throughout the three-day conference. Interested parties should contact Nancy Larned at nlarned@vidconferences.com to inquire about registering to attend.

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Ellis Martin: Name Change for Major Battery Metals and Platinum Group Elements Company in a Premiere US Mining District

Ellis Martin: Name Change for Major Battery Metals and Platinum Group Elements Company in a Premiere US Mining District

Malibu, CA, United States (ABN Newswire) - Join Ellis Martin for a conversation with Michael Rowley, the President and CEO of Stillwater Critical Minerals Corp. (CVE:PGE)(OTCMKTS:PGEZF)(FRA:5D32).

Group Ten Metals Announces Name Change to Stillwater Critical Minerals Corp.

Group Ten Metals Inc. is pleased to announce that, effective at market opening on June 13, 2022, the common shares of the Company will trade on the TSX Venture Exchange under the name "Stillwater Critical Minerals Corp." to better reflect the commodity suite of battery, catalytic and precious metals at the Company's flagship Stillwater West project in Montana, USA. The project hosts a total of eight metals (nickel, cobalt, chromium, palladium, platinum, rhodium, iridium and ruthenium) designated as critical by the United States government with a mandate to secure domestic supplies based on economic and national security concerns. Stillwater West also hosts significant copper resources.

To listen to the Interview, please visit:
https://www.abnnewswire.net/press/en/110673/pge



About Stillwater Critical Minerals Corp.:

Stillwater Critical Minerals Corp. (CVE:PGE) (OTCMKTS:PGEZF) is a mineral exploration company focused on the development of high-quality platinum, palladium, nickel, copper, cobalt, and gold exploration assets in top North American mining jurisdictions. The Company's core asset is the Stillwater West project adjacent to Sibanye-Stillwater's high-grade PGE mines in Montana. Stillwater Critical Minerals also holds the high-grade Black Lake-Drayton Gold project adjacent to Treasury Metals' development-stage Goliath Gold Complex in northwest Ontario, and the Kluane PGE-Ni-Cu-Co project on trend with Nickel Creek Platinum's Wellgreen deposit in Canada‘s Yukon Territory.



Source:
Stillwater Critical Minerals Corp.

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Group Ten Metals Announces Name Change to Stillwater Critical Minerals

Group Ten Metals Announces Name Change to Stillwater Critical Minerals

Group Ten Metals Inc. (TSX.V:PGE; OTCQB:PGEZF; FSE:5D32) (the "Company" or "Group Ten") is pleased to announce that, effective at market opening on June 13, 2022, the common shares of the Company will trade on the TSX Venture Exchange under the name "Stillwater Critical Minerals Corp." to better reflect the commodity suite of battery, catalytic and precious metals at the Company's flagship Stillwater West project in Montana, USA. The project hosts a total of eight metals (nickel, cobalt, chromium, palladium, platinum, rhodium, iridium and ruthenium) designated as critical by the United States government with a mandate to secure domestic supplies based on economic and national security concerns. Stillwater West also hosts significant copper resources

Group Ten Metals Inc. , Thursday, June 9, 2022, Press release picture

President and CEO Michael Rowley commented "Rebranding Group Ten Metals to Stillwater Critical Minerals reflects our increasing focus on our flagship project and the great potential we see in the iconic and famously productive Stillwater mining district. With the recent addition of two renowned Bushveld and Platreef geologists to our team we are well positioned to advance the next phase of large-scale critical mineral supply from the district, building on past production of nickel, copper, and chromium, and the on-going production of platinum group and other metals by our neighbor, Sibanye-Stillwater. Our Platreef-style nickel and copper sulphide deposits contain a compelling suite of critical minerals and are open for expansion along trend and at depth. We look forward to further announcements including assay results from our 2021 resource expansion drill campaign and our 2022 exploration plans in the near term."

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Austral Resources Australia Ltd Complementary Exploration Earn-in Agreements with Glencore

Brisbane, Australia (ABN Newswire) - Copper producer Austral Resources Australia Ltd (ASX:AR1) is pleased to announce that the Company has entered into reciprocal non-binding exploration earn-in agreements ("Earn-in Agreements") with MIM, a subsidiary of one of the world's largest mining companies, Glencore.

The reciprocal nature of the Earn-in Agreements is value generating for both parties. For Austral, this will involve expanding its oxide exploration activity in both the Exploration Area and within MIM's prospective Russell Fault EPM. Under the Earn-in Agreements, the parties agree to share exploration data and certain resources.

Under the Earn-in Agreements, MIM will have the rights to earn-in up to a 65% interest of Austral's JV EPM's by spending A$6.3m over four years. Austral retains the right to explore for and commercially exploit oxide copper ore within the Exploration Area. Additionally, under the Earn-in Agreement with MIM, Austral is entitled to earn-in up to 65% interest within MIM's Russell Fault EPM by spending A$2.0m over four years, effectively increasing our copper exploration area by 116km2.

The Earn-in Agreements are non-binding and subject to formal documentation being entered into.

Austral will keep the market updated on its status as required.

Key details of the Earn-in Agreements are contained in the balance of this announcement. The Earn-in Agreements with MIM are the culmination of negotiations held with several parties eager to joint venture into portions of Austral's highly prospective exploration tenure and obtain an option to participate in the Company's future growth potential.

Austral's Chief Executive Officer, Steve Tambanis, commented:

"We are excited to collaborate with Glencore on this exploration JV in Queensland's Northwest Minerals Province. Both parties hold a significant tenure position within the region, and it makes absolute sense to combine the tenure for an intensive exploration programme. Glencore are our offtake partners for 40,000t of our Anthill copper cathode and we look forward to working together from an exploration perspective.

This is a win-win transaction for both Austral and Glencore with the potential to discover new orebodies that can extend operations of both companies in the region. Glencore is focussed on discovering new base/precious metal orebodies in this metal-rich area and Austral believes there is excellent potential to define additional oxide copper resources to be processed at its nearby Mt Kelly SXEW plant.

The prospectivity of the area has been significantly enhanced by two new geophysical datasets (Heli-VTEM and a separate fixed wing Falcon Gravity survey) flown by Glencore in late 2021 and processed earlier this year. This new data has generated a number of priority targets for the JV and drilling is expected to commence within months.

Of note, Austral has retained its rights to explore for oxide copper mineralisation on its own tenure and has negotiated the right to explore MIM's tenure for oxide copper mineralisation. We believe that the increased drilling activity in this area will yield more shallow copper oxide mineralisation.

Of Austral's 2,100km2 of EPM tenure, this Earn-in agreement applies to a 330km2 portion immediately about the Lady Loretta Mine (Figure 1*). Austral retains 1,800km2 of EPMs for other exploration initiatives.

Austral recently commenced processing ore from its Anthill Copper Mine - building to rate of 10,000tpa of copper cathode from mid-2022 for a four-year period. This will now allow the Company to increase the pace of its exploration and development activities.

We look forward to further updating shareholders as we build copper production from Anthill and scale-up exploration and development activities."

*To view full details of the transaction, please visit:
https://abnnewswire.net/lnk/037YMZ16



About Austral Resources Australia Ltd:

Austral Resources Australia Ltd (ASX:AR1) is a copper cathode producer operating in the Mt Isa region, Queensland, Australia. Its Mt Kelly copper oxide heap leach and solvent extraction/electrowinning (SXEW) plant has a nameplate capacity of 30,000tpa of copper cathode. Austral is developing its Anthill oxide copper mine which has an Ore Reserve of 5.06Mt at 0.94% Cu. The Company expects to produce 40,000t of copper cathode over a four-year period from mid-2022.

Austral owns a significant copper inventory with a JORC compliant Mineral Resource Estimate of 60Mt at 0.7% Cu and 1,940km2 of highly prospective exploration tenure in the heart of the Mt Isa district, a world class copper and base metals province. The Company is implementing an intensive exploration and development programme designed to extend the life of mine and increase then review options to commercialise its copper resources.



Source:
Austral Resources Australia Ltd

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Cobalt Supply Growth to Come from These 5 Key Assets

According to a Cobalt Institute report, supply growth is likely to lag behind demand in the medium term, with the market expected to shift into a deficit by 2024.

“Rising prices over the last 12 months have incentivized further supply side investments but these are currently insufficient to meet the rate of demand growth,” the document states. “Mined supply will continue to see healthy increases year-on-year in 2022 and 2023 before starting to fall away from 2024 onwards.”

After falling in 2020, cobalt mine supply rose 12 percent year-on-year to reach 160,000 metric tons (MT) in 2021. The Democratic Republic of Congo (DRC) remained the top producer of the commodity, accounting for 74 percent of global output and 87 percent of annual growth.

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Sherritt Announces Results of Modified Dutch Auction to Purchase Secured Notes and Fixed Price Tender Offer to Purchase Junior Notes

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Sherritt International Corporation (" Sherritt " or the " Corporation ") (TSX:S) announced today the results of its offers to purchase (i) its outstanding 8.50% senior second lien secured notes due 2026 (the " Secured Notes ") pursuant to a modified Dutch auction process (the " Secured Notes Dutch Auction ") and (ii) its outstanding 10.75% unsecured PIK option notes due 2029 (the " Junior Notes ", and collectively with the Secured Notes, the " Notes ") pursuant to a fixed price tender offer process (the " Junior Notes Fixed Price Tender Offer " and, together with the Secured Notes Dutch Auction, the " Offers " or the " Transaction ").

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