Canadian Metals Inc. is pleased to announce it has entered into an arm’s length option agreement to acquire an undivided 100% interest in 11 mining claims adjacent to its Blackshale property located west of the Brunswick 12 mine. Pursuant to the terms and conditions of the Option, the Corporation will issue 450,000 common shares in the [...]
Canadian Metals Inc. is pleased to announce that it has closed a private placement of 2,500,000 units of the Corporation at a price of $0.10 per Unit for gross proceeds of $250,000. Each Unit consists of one common share and one-half of one Share purchase warrant. Each Warrant issued under this tranche will be exercisable by the holder to acquire [...]
Canadian Metals Inc. is pleased to announce that Mr. Michel G. Gagnon, CME’s director for several years, has been appointed Chairman of the Board of Directors. Michel G. Gagnon is a renowned businessman who has held numerous executive positions in the metal and energy businesses over the last 30 years. He has been quite instrumental in the [...]
Canadian Metals Inc. is pleased to announce that shareholders voted in favour of all resolutions presented in its management Information Circular at the annual meeting held on January 25, 2019. A total of 52,783,659 common shares were voted at the Meeting, representing 43.58% of the 121,112,837 outstanding common shares at record date of December [...]
Canadian Metals Inc. is pleased to announce that the Ministry of the Economy and Innovation has authorized funding to support the feasibility study for the construction of a silicon plant in Baie-Comeau. This financial assistance, in the form of a grant of up to a maximum of $1,000,000, will come from the Forest Industry Diversification Fund from [...]
CSE: CME MONTRÉAL, Nov. 28, 2018 /CNW/ - Canadian Metals Inc. announces today that it has entered into a related party royalty purchase agreement , pursuant to which CME will acquire the 3% NSR and 7% NTI royalty on the Langis property . Under the terms of the Royalty Purchase Agreement, the Corporation will: issue 500,000 common shares of [...]
Canadian Metals Inc. officially begins the definitive feasibility study on the Baie-Comeau Silicon industrial project, in partnership with Metix Ltd of South Africa , being a business unit of the SMS Group. They will supply the basic design and costing to establish an EPS price for a 25MW DC furnace. Scope of Work includes the furnace feed, DC [...]
Canadian Metals Inc. is pleased to announce the appointment of Mr. Pierre Renaud to the board of directors. Pierre Renaud Mr. Pierre Renaud, counsel and head of the Environmental Law Group for the Quebec region at McCarthy Tetrault LLP, has 31 years of experience in environmental law. He acts as a strategic advisor to clients and provides guidance [...]
Canadian Metals is pleased to announce it has completed its summer 2018 diamond drilling campaign at its TV Tower property in New Brunswick. The company is pending additional drill assay results from the latest 4 holes as well as extension of a fifth hole TV-18-14. Note: Position and direction by a legal surveyor. Note: Core length, additional [...]
Canadian Metals Inc. is pleased to announce the appointment of Mr. Roger Urquhart to the board of directors. Roger Urquhart is a graduate of McGill University in Montreal, he received his B.Eng./M.Eng. Metallurgy in 1968 and 1970. He also received his Ph.D. Metallurgy from the University of Witwatersrand, Johannesburg in 1973. He worked as Research [...]
MONTRÉAL, Sept. 06, 2018 -- Canadian Metals Inc. announces a non-brokered private placement of up to 30,000,000 units at a price of $0.10 per unit for aggregate gross proceeds of up to $3,000,000. Each Unit will consist of one common share and one-half of one Share purchase warrant . Each Warrant will be exercisable by the holder to acquire [...]
Canadian Metals Inc. is pleased to announce that it has signed a letter of intent to reserve a parcel of land of 43.1 hectares in the industrial sector of the city of Baie-Comeau, where the smelter will be built. The agreement is valid until December 31st, 2019 and is conditional upon agreement of standard terms and conditions. "This is a very [...]
