Canadian Metals Inc. is pleased to announce that it has amended its previously announced option agreement with FeTiV Minerals Inc., a private exploration company which owns an 80% undivided interest in the Mouchalagane, Silicates Lake, Seignelay, Lac Robot and Baie-Trinité iron projects, located in the Province of Québec, with CME [...]
Canadian Metals Inc. is pleased to announce the appointment of Louis Dionne as the Company’s Director of the board effective immediately. Mr. Dionne is a highly regarded mining engineer and one of the original members of Barrick Gold Corporation. Mr. Dionne was mine manager at Camflo Mines in Quebec, which eventually became part of Barrick [...]
Canadian Metals Inc. has completed its review of the industrial feasibility study for its Baie-Comeau silicon project. SMS Metix was responsible for the design and costing of a single submerged arc furnace with a production capacity of 22,000 mt per year and all other process equipment. Mesar provided preliminary engineering for buildings [...]
Canadian Metals Inc. is pleased to announce that further to its news release dated July 15 and September 4, 2019, the Company will consolidate its common shares on a ten for one basis with the record date of September 17, 2019 and will begin trading on the Canadian Securities Exchange on a post-consolidated basis effective September 16, 2019. Upon [...]
Canadian Metals Inc. announces that it has received strong support from its shareholders for the consolidation of its common shares on the basis of one new common share for up to ten common shares outstanding . Of the votes cast by shareholders at the CME special shareholder meeting, 93.1% voted in favor of Consolidation. The Board has established [...]
Canadian Metals Inc. reviews its progress and accomplishments during 2019 and announces its strategic objectives for 2020. Major accomplishments during fiscal year ended July 31, 2019 Baie-Comeau Silicon Project: The Baie Comeau project was modified from ferrosilicon to silicon production with emphasis for the aluminum and polysilicon industry. The [...]
Canadian Metals Inc. announces its intention to seek the necessary approvals to consolidate its common shares. The benefit of the planned consolidation is to reduce further dilution at current price when future financing is required to advance the large Iron deposits optioned recently . The Company’s recent acquisition of three large Iron [...]
Canadian Metals Inc. is pleased to announce that it has entered into an option agreement with FeTiV Minerals Inc. , a private exploration company, to acquire a 100% interest in the Mouchalagane, Silicates Lake, Seignelay, Lac Robot and Baie-Trinité iron projects , located in the Province of Québec. Principal Terms of the Option [...]
Canadian Metals Inc. is pleased to announce that it has received the first payment of $500,000 from Les Minéraux Industriels du Québec Inc in relation to the closing of the May 2, 2019 agreement. This payment represents the first installment of a total of staged cash payments of $ 2,250,000 to be made by MIQ in accordance with the [...]
Canadian Metals Inc. is pleased to announce the appointment of Gerald Panneton as the Company’s Director of the board effective May 22, 2019, replacing Ghita Ouaziz. Mr. Panneton is a geologist with over 30 years experience in mineral exploration and development, and was the founder, President and CEO of Detour Gold Corporation from its [...]
Canadian Metals Inc. is pleased to announce that it has entered into a definitive agreement with a strategic and experienced quarry operator, Les Minéraux Industriels du Québec Inc., pursuant to which CME intends to sell all its right, titles and interest in and to the Langis property, in exchange of a long-term quartz price lock-in [...]
Canadian Metals Inc. Mr. Robert Wares announced today that he has filed an early warning report in respect of the Company’s last private placement. Mr. Robert Wares acquired 2,500,000 Units for total consideration of $250,000. Prior to the Offering, Mr. Wares beneficially owned 6,800,000 Shares. The Units were acquired by Mr. Wares for [...]
