TORONTO, ONTARIO--(Marketwired - Jan 6, 2014) - Xmet Inc. (TSX VENTURE:XME)(OTCQX:XMTTF) ("Xmet") is pleased to announce that it has staked an additional 298 claim units immediately adjacent to its existing land package that comprises the Blackflake Project bringing its total land package to over 21,000 acres. "As a result of our recent success in [...]
Xmet is pleased to announce that, subject to the acceptance of the TSX Venture Exchange, it has closed a second and final tranche of a non-brokered private placement offering of 1,600,000 common shares and 120,000 share purchase warrants in the capital of Xmet at a price of $0.125 per Share for aggregate gross proceeds of $200,000 (the "Second [...]
Xmet is pleased to announce that, subject to the acceptance of the TSX Venture Exchange, it has closed a non-brokered institutional private placement offering of 4,000,000 common shares in the capital of Xmet issued on a flow through basis at a price of $0.125 per FT Share for aggregate gross proceeds of $500,000. Xmet will leave the offering open [...]
Durango is pleased to announce it has acquired a 100% interest in mineral claims located in northern Ontario adjacent to XMET Inc., and Zenyatta Ventures Inc., graphite properties including ZEN's Albany deposit. The newly acquired claims are sandwiched between XME and ZEN, adjoining both the ZEN Albany graphite deposit and the XME Blackflake [...]
Alexander Stewart, Chairman and CEO is pleased to announce that Xmet's Board of Directors has appointed Stephen Stewart as President of Xmet. Stephen will also joined the Board of Directors which now consists of seven members. Stephen has nearly 15 years of experience in the resource and finance industries where he has evaluated and successfully [...]
Xmet is pleased to report that it has flown a second EM survey over its newly staked land position disclosed in the December 3rd, 2013 news release and it has evaluated the preliminary results from the new 116 line kilometre MAG-TDEM survey. Xmet's CEO, Alexander Stewart says, "As a result of this second EM survey, Xmet has discovered a new strong [...]
Xmet is pleased to report that it has staked an additional 44 claim units to expand its 100% owned Blackflake Project. The Blackflake Project is located approximately 60 kilometers northwest of Hearst, in Northern Ontario and is adjacent to Zenyatta's Albany graphite project. Xmet considers its initial geophysical work including magnetics and VTEM [...]
Xmet is pleased to report that it has received and evaluated preliminary Versatile Time Domain Electromagnetic survey results from Aeroquest on its 100% owned Blackflake Project, located approximately 60 kilometers northwest of Hearst, in Northern Ontario. Xmet considers the initial results to be very encouraging towards its objective of [...]
Xmet is pleased to announce it has contracted Aeroquest International of Aurora Ontario to complete a helicopter airborne Versatile Time Domain Electromagnetic and Horizontal Magnetic Gradiometer Geophysical Survey on its 100% owned Blackflake Project, located approximately 60 kilometers northwest of Hearst, in Northeastern Ontario. The Blackflake [...]
Xmet reports that it has more than doubled its land position at the Blackflake project by staking a second large block of 111 claim units located 7 km due east of the Zenyatta's Albany "hydrothermal" graphite diatremes. Xmet's Chairman and CEO Alexander Stewart stated that "the additional staking is 100% owned and covers two significant magnetic [...]
Xmet is pleased to announce that it has acquired the following two contiguous blocks of claims, totalling 70 claim units, tied onto the northwestern portion of Zenyatta Ventures Ltd's ("Zenyatta") Albany Project including; (a) a staked 100% ownership interest in 46 claim units contiguous to Zenyatta's northwest boundary; and (b) an optioned 100 [...]
Xmet announces that its annual meeting was held on June 27, 2013. All directors were re-elected, the appointment of auditors was approved, the company's stock option plan was approved for the ensuing year and the creation of a class of preferred shares issuable in series was approved. The voting details will be posted on Sedar.
