SRG Mining Inc. is pleased to announce that it has closed the first tranche of a private placement in the form of a convertible debt financing for USD$7.5M with Sprott Private Resource Lending II. The Financing is the first portion of financial resources the Company will raise should it be successful in its bid to acquire the North American Lithium [...]
SRG Mining is pleased to announce the closing of a non-brokered private placement. The Company has issued a total of 2,000,000 units of SRG at a price of $0.50 per Unit for gross proceeds of CAD$1,000,000. “During these unique and unprecedented financial times caused by the ongoing COVID-19 pandemic, the Company decided to capitalize on strong [...]
SRG Mining Inc. is pleased to announce that all resolutions as set out in the Company’s notice of meeting and information circular dated May 15, 2020, were passed by the requisite majority at its annual general meeting held in Mont-Royal Quebec on June 19, 2020 PricewaterhouseCoopers LLP, Chartered Professional Accountants were re-appointed as [...]
SRG Mining today provides an update on recent activities related to its Lola graphite project. The Company has recently signed its 6th offtake agreement for 8,000 tonnes over a three-year period. This brings the total signed off-take agreements to 136,000t over three years. These agreements represent approximately 90% of the Company’s anticipated [...]
SRG Mining today provides an update on recent activities related to its Lola graphite project. The Company has recently signed its 5th offtake agreement for 10,000 tonnes per year for a three-year period. This brings the total signed off-take agreements to 128,000t over three years. These agreements represent approximately 85% of the Company’s [...]
SRG Mining Inc. is pleased to announce that, pursuant to its Stock Option Plan and subject to regulatory acceptance, it has granted an aggregate total of 1,108,493 incentive stock options to certain directors, officers and consultants of the Company, subject to certain vesting provisions. These options will be exercisable at a price of $0.37 per [...]
SRG Mining is pleased to announce that DRA Global has been selected as the provider of Engineering, Procurement and Construction Management services for SRG's Lola Graphite Project in Guinea. This selection is the result of a competitive tender process where several international engineering firms were invited and responded with qualifying and [...]
SRG Mining Inc. is pleased to provide a market update on its ongoing operations. First and foremost, as part of the worldwide effort to fight the spread of the COVID-19 pandemic, SRG is committed to the health and safety of its employees and stakeholders and has taken all necessary and recommended best practices to respond dynamically and [...]
SRG Mining Inc. is pleased to announce the closing of the second tranche of a non-brokered private placement that was originally announced on Thursday March 5. Together with the first tranche, the Company has issued a total of 4,788,000 units of SRG at a price of $0.50 per Unit for gross proceeds of CAD$2,394,000. Each Unit is comprised of one [...]
SRG Mining Inc. is pleased to announce the closing of the first tranche of a non-brokered private placement. The Company has issued a total of 3,894,000 units of SRG at a price of $0.50 per Unit for gross proceeds of CAD$1,947,000. Based on current market demand and ongoing discussions with investors, the Company expects to close on a second [...]
SRG Mining Inc. today provides an update on recent activities related to its Lola graphite project. After two years of work on sales agreements, the Company has signed four, three-year firm off-take agreements for a total of 89,000t over that period. These agreements represent approximately 60% of the Company's anticipated production over that [...]
SRG Mining Inc. today is pleased to announce it has been formally awarded the mining permit for its Lola graphite project near the town of Lola in eastern Guinea, West Africa. The fifteen year renewable permit was officially granted by the Government of Guinea through presidential decree in conformity with the Company's request of March 22, 2019 [...]
