Capella Minerals Ltd. wishes to advise that the Company has received TSXV Exchange acceptance to extend closing of the placement until September 25, 2023. The private placement was previously announced as a non-brokered private placement of up to 33M units at a price of C$0.03 per unit for gross proceeds up to C$1,000,000 . All other terms of the [...]
Capella Minerals Ltd. announces that it has initiated a non-brokered private placement of up to 33M units at a price of C$0.03 per unit for gross proceeds up to C$1,000,000 . The Company has secured an initial commitment of C$400,000 from an existing European-based shareholder with a focus on the metals required for the green energy transition [...]
Capella Minerals Ltd. is pleased to announce that it has been granted exploration permits covering five priority gold-copper targets on its Northern Finland Gold-Copper project. The Company's initial priorities will be on the evaluation of potential extensions to Outokumpu Oy's former Saattopora gold-copper mining operation , together with initial [...]
Capella Minerals Ltd. is pleased to provide the following update on exploration activities being undertaken on the Company´s 100%-owned copper-zinc-cobalt projects in the Hessjøgruva-Kjøli District, Trøndelag Province, central Norway. The Hessjøgruva-Kjøli District consists of the advanced exploration-stage Hessjøgruva VMS Project, the former [...]
Capella Minerals Ltd. is pleased to advise that its application for Corporate membership in Euromines was accepted at the Euromines General Assembly held in Brussels last week. Euromines is the recognized representative of the European metals and minerals mining industry, with the associations main objective being to promote the industry and to [...]
Hilo Mining Ltd. is pleased to announce that it has entered into a definitive earn-in agreement with Capella Minerals Ltd. to earn up to an 80% interest in a portfolio of lithium and rare-earth element pegmatite reservations held by Capella in central Finland . The portfolio consists of five lithium and rare-earth element pegmatite reservations in [...]
Capella Minerals Ltd. is pleased to provide the following update on its maiden scout core drill program at the Company's 100%-owned Kjøli copper-cobalt-zinc massive sulfide project in Trøndelag province, central Norway. Six holes for 1,080m of drilling have been completed to date on targets along the Kjøli Mine trend and at Kjøli Deeps [...]
Capella Minerals Ltd. is pleased to announce that a scout diamond drill program has been initiated at the Company's 100%-owned Kjøli copper-cobalt-zinc massive sulfide project in Trøndelag province, central Norway. The Kjøli project is located in the northern portion of the former Røros copper mining district, and 20km NE of Capella's advanced [...]
Capella Minerals Ltd. is pleased to provide the following update on exploration and drill targeting activities at the Company's 100%-owned Løkken copper-cobalt-zinc massive sulfide project in Trøndelag province, central Norway. Recent exploration activities have been focused on the 5 priority satellite targets that surround the former Løkken copper [...]
Capella Minerals Ltd. is pleased to announce that it has closed its previously announced private placement and that the placement has been upsized to accommodate the oversubscribed non-brokered placement. The Company has successfully completed the sale of an aggregate 26,893,333 units at a price of C$0.06 per unit for gross proceeds of C$1,611,600 [...]
Capella Minerals Ltd. is pleased to announce that it has entered in to a binding letter agreement with elementX Finland Oy for the acquisition of a 100% interest in a portfolio of seven lithium pegmatite and rare-earth element reservations in southern Finland . The elementX projects are predominantly focused on LCT pegmatite complexes located [...]
Capella Minerals Ltd. advises that it has informed EMX Royalty Corp of its intention to return 7 gold exploration claims that constitute approximately 90% of the original Southern Gold Line property package in northern Sweden. However, Capella will retain a 100% interest in an eighth licence covering an area of 44 sq. km and which is currently [...]