Xmet is pleased to announce that it has granted incentive stock options to all of its directors and officers in consideration of their services as such during 2014. Stock options to purchase an aggregate of 2,100,000 common shares have been granted pursuant to the Xmet's Stock Option Plan. The options are priced at $0.06 per share and expire five [...]
Xmet is pleased to announce that it has completed the second tranche of a non-brokered private placement for gross proceeds of $79,000. This amount represents the balance of funding that was not ready for the closing of our first tranche of financing of $1,133,000 on November 21st, 2014. The funds will be used to continue the advancement of the [...]
TORONTO, ONTARIO--(Marketwired - Dec 11, 2014) - Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME) is pleased to announce that it has entered into a contract with Asinii Drilling to carry out its drill program on its Blackflake West Project. The drill program will focus on the project's All Channel electromagnetic response target which was [...]
TORONTO, ONTARIO--(Marketwired - Dec 10, 2014) - Xmet Inc. (TSX VENTURE:XME) ("Xmet") is pleased to announce that it has engaged Geotech (formerly Aeroquest International) to complete the first airborne Versatile Time Domain Electromagnetic ("VTEM") and Magnetic Gradiometer Survey on its 100% owned Grasset Project. The airborne survey is scheduled [...]
TORONTO, ONTARIO--(Marketwired - Nov 21, 2014) - Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME) is pleased to announce that it has completed a non-brokered private placement for gross proceeds of $1,133,000. The funds will be used to continue the advancement of the Company's Blackflake West and Grasset projects and for working capital. "We [...]
TORONTO, ONTARIO--(Marketwired - Nov 5, 2014) - Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE:XME) is pleased to announce that it has completed its induced polarization (IP) and resistivity ground surveys. This is the final stage of the company's ground geophysical program enabling moving towards designing the drill program for Blackflake [...]
TORONTO, ONTARIO--(Marketwired - Oct 31, 2014) - Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE:XME) is pleased to announce that it will be holding a live web steaming event where Management will present the developments and upcoming drill programs on its Blackflake West and Grasset Projects. Management will run through the Company's [...]
TORONTO, ONTARIO--(Marketwired - Oct 23, 2014) - Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME) is pleased to announce that it has elected to proceed with Phase Two of the Blackflake West Option Agreement with Metal Creek Resources Corp. (TSX VENTURE:MEK). Xmet has paid to Metals Creek the sum of $15,000 and has issued a further 1,000,000 [...]
TORONTO, ONTARIO--(Marketwired - Oct 21, 2014) - Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME) is pleased to announce that, having completed the necessary eight kilometres of line cutting, it has commenced the second phase of its ground geophysical program on its Blackflake West 'All Channel' Electromagnetic ("EM") targets. The program is [...]
TORONTO, ONTARIO--(Marketwired - Oct 14, 2014) - Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE:XME) is pleased to announce that it has staked and acquired a 100% interest in 10 claim units on the northern boundary of the Blackflake West property. These claims appear to host a northern extension of Blackflake West's 'All Channel [...]
TORONTO, ONTARIO--(Marketwired - Sep 29, 2014) - Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE:XME) is pleased to report it has successfully completed its Versatile Time Domain Electromagnetic Surveying ("VTEM") survey, comprising 215 line kilometres, over the Blackflake West project. The results indicate that four conductors were [...]
TORONTO, ONTARIO--(Marketwired - Sep 17, 2014) - Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE:XME) reports that the company has consolidated an additional 36 claim units covering 1,440 acres of ground west of Zenyatta's Albany graphite deposit through an option agreement with Alibaba Graphite Corp. These claims are located along trend from [...]
