CMC Metals Ltd. is pleased to announce that it has raised $1,199,902 by way of a non-brokered flow-through private placement. Two placees purchased 5,454,100 flow-through units at a price of C$0.22 per unit, subject to TSX Venture Exchange approval. Each FT Unit will consist of one common share of the Company to be issued as a "flow-through share [...]
CMC Metals Ltd. is pleased to announce that Mr. Kristian Whitehead, B.Sc., P.Geo is joining the Advisory Board. Kristian has over 19 years of exploration experience in senior geological roles throughout the Americas, including Yukon, British Columbia, Alaska, Guyana, Mexico, and Brazil. He is the founder and owner of Infiniti Drilling Corporation [...]
CMC Metals Ltd. is pleased to announce that it has received all required permits for its Terra Nova Property in central Newfoundland and as the exploration operator for its option partner Highbank Resources Ltd. will now be commencing field activities. Field crews are being mobilized to the Terra Nova property which consists of 71 claims located 30 [...]
CMC Metals Ltd. is pleased to announce that new exploration efforts including a pilot Induced Polarization Survey and additional soil geochemical surveys are planned for its polymetallic-gold property at its Bridal Veil Property in Central Newfoundland. A small induced-polarization pilot grid of approximately 7.5 line kilometers will be conducted [...]
CMC Metals Ltd. is pleased to announce the commencement of an initiative to develop Company policies and a manual relating to environmental, social and governance issues. John Bossio, Chairman notes, "This initiative is a great first step in addressing our collective will to ensure our corporate philosophy and operational plans serve to mitigate [...]
CMC Metals Ltd. is pleased to announce that an additional ground magnetometer survey will be completed on the northern half of its Rodney Pond Property, Central Newfoundland . Preliminary exploration efforts at Rodney Pond have identified a large area of exploration interest with the nature of mineralization and alteration on the property [...]
CMC Metals Ltd. is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company in the United States. The Company's shares trade on the OTCQB under the symbol CMCXF. The DTC is a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and [...]
- CMC Metals Ltd. has oversubscribed its private placement announced September 6th 2022 by raising gross proceeds of $1,412,660.02, subject to TSX Venture Exchange approval. On receipt of the TSX Venture Exchange approval, the company will issue 4,975,889 flow-through units at $0.18 and 3,231,250 non-flow-through units at $0.16 Each FT unit [...]
CMC Metals Ltd. has filed for approval to close the first tranche of the financing for aggregate gross proceeds of $726,659.98, subject to TSX Venture Exchange approval. On receipt of the TSX Venture Exchange approval to close this first tranche, the company will issue 1,815,758 flow-through units at 18-cent and 2,575,000 non-flow-through units at [...]
CMC Metals Ltd. announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group to provide market-making services in accordance with TSX Venture Exchange policies. ITG will trade shares of the Company on the TSX-V and all other trading venues with the objective of maintaining a reasonable market and [...]
CMC Metals Ltd. is pleased to announce the terms to its proposed non-brokered private placement. The proposed terms are to sell flow-through units of the Company at a price of C$0.18 per FT Unit and non-flow-through units of the Company at a price of C$0.16 per Unit for aggregate gross proceeds of up to C$1,250,000 . Red Cloud Securities Inc. will [...]
CMC Metals Ltd. is pleased to announce that the current drilling program has intersected carbonate replacement style mineralization in a 500 by 900-meter area at its flagship Silver Hart Property. The ongoing drilling program was focussed on identifying CRD style mineralization at Silver Hart with the objective of identifying as potential higher [...]
