TORONTO, ONTARIO--(Marketwired - Feb 17, 2015) - Pele Mountain Resources Inc. (TSX VENTURE:GEM) (OTCQX:GOLDF) ("Pele" or the "Company") announced today that it is advancing its monazite recycling strategy to kick-start the sustainable development of a low cost, early-to-market, Canadian-based rare earth supply chain in Elliot Lake, Ontario. Pele [...]
TORONTO, ONTARIO--(Marketwired - Feb 12, 2015) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") announced that it has granted a total of 4,550,000 incentive stock options to members of management and the directors of the Company, which are exercisable at $0.05 per share and expire on December 31, 2019. The [...]
Pele Mountain announced the closing of a non-brokered private placement offering comprised of 1,757,029 units at a price of $0.05 each for aggregate gross proceeds of $87,851.45. Each Unit consists of one (1) common share of the Corporation issued on a "flow-through" basis and one (1) warrant (a "Warrant"), with each Warrant exercisable to acquire [...]
TORONTO, ONTARIO--(Marketwired - Dec 2, 2014) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") announced today that the Mayor and Council of the City of Elliot Lake have unanimously approved the issuance of a Letter of Support for Pele's recently announced initiative to recycle high-grade rare earth bearing [...]
TORONTO, ONTARIO--(Marketwired - Nov 7, 2014) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") is pleased to announce that it has entered into shares-for-debt agreements with certain creditors. Upon approval of requisite filings, Pele will issue 3,680,922 common shares, at a deemed price of $0.05 per common [...]
TORONTO, ONTARIO--(Marketwired - Oct 7, 2014) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") today announced an expansion of its business model to include recycling of high-grade rare earth bearing monazite, in Elliot Lake. "We firmly believe that Canada can be a global leader in the sustainable production [...]
TORONTO, ONTARIO--(Marketwired - Sep 25, 2014) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") is pleased to announce the appointment of Martin S. Cooper to the position of Vice-President of Aboriginal Affairs. Mr. Cooper is a Professional Archaeologist with over 30 years of experience in the area of [...]
TORONTO, ONTARIO--(Marketwired - Sep 11, 2014) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") announced today that it has acquired a key mining lease (the "Mining Lease") for the mining rights on certain lands (the "Leased Lands") below small lakes located within the boundaries of Pele's Eco Ridge Mine [...]
TORONTO, ONTARIO--(Marketwired - Sep 2, 2014) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") announced today that a sample from its Eco Ridge Mine Rare Earth and Uranium Project ("Eco Ridge") has been delivered to CanmetMINING ("Canmet") for mineralogical characterization and processing amenability [...]
TORONTO, ONTARIO--(Marketwired - Jul 8, 2014) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele") today announced its participation in a panel discussion on sustainable development, held at the Lester B. Pearson Civic Centre in Elliot Lake, Ontario on the evening of July 2. The panel included representatives of local First [...]
Pele Mountain Resources today announced that the Standing Committee on Natural Resources in Canada's House of Commons has published "The Rare Earth Elements Industry in Canada". The Committee commenced its study late last year to "gain a better understanding of the challenges and opportunities related to the development of REE in Canada and around [...]
TORONTO, ONTARIO--(Marketwired - Jun 24, 2014) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") announced the closing of a non-brokered private placement offering ("Offering") comprised of 700,000 units (the "Units") at a price of $0.06 each for aggregate gross proceeds of $42,000. Each Unit consists of one [...]
