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 [...]
SRG Mining Inc. today announced that Coris Capital SA has filed an early warning report regarding the exercise of 1,125,000 share purchase warrants at a price of $0.50 per warrant share , thereby securing beneficial ownership of, or control and direction over an additional 1,125,000 common shares . Mr. Abdoul Aziz Nassa, General Director of Coris [...]
SRG Mining Inc. today provides an update on recent activities related to its Lola graphite project . "We continue to progress on the development of our Project with several work streams currently ongoing. We are diligently proceeding towards achieving our ultimate goal of building a mine and concentrator capable of producing 54,000tpa of [...]
SRG Mining Inc. is pleased to announce that today, it has filed the Feasibility Study for the development of the Lola graphite project in the Republic of Guinea, West Africa, for which the results were announced on July 4th, 2019. The FS was prepared by Montréal-based DRA/Met-Chem, a division of DRA Americas Inc. . All dollar figures are [...]
SRG ENTERS INTO US$5,000,000 SRG Mining Inc. is pleased to announce that a US based industrial firm with significant experience in West Africa has entered into a Share Purchase Agreement to acquire 8,300,000 of the 24,658,267 common shares held by Sama Resources Inc. in the share capital of SRG, for an aggregate purchase price of US$5,000,000 [...]