Canadian Metals is very pleased to announce positive project economics of the Langis prefeasibility study, with opportunities to further optimize the project during the next stage of the project development and this way enhance the economics. Table 10: Sensitivity Analysis Table 11: Sensitivity Analysis The Prefeasibility Study was prepared by [...]
MONTREAL, April 04, 2018 -- Canadian Metals Inc. announced today that it has entered into an Economic Development Rate Agreement with Hydro-Québec. As the Company seeks to build a ferrosilicon production plant which would use Quartz from the Langis property, this Agreement would entitle the Company to benefit from the following rate [...]
CSE: CME MONTRÉAL, March 21, 2018 /CNW/ - Canadian Metals Inc. is pleased to announce that, further to its news releases dated December 7 and 28, 2017, it has closed a second and final tranche of its previously announced brokered private placement offering . The Final Tranche closing consisted of the issuance of a total of 400 unsecured [...]
MONTREAL, March 19, 2018 -- Canadian Metals Inc. The company has decided to develop diversified resources focused on creating a shareholder value through the development of large-scale industrial mineral portfolios in specific commodities and jurisdictions that will fuel the new energy economy. With this decision, the company is pleased to announce [...]
CSE: CME MONTREAL, March 13, 2018 /CNW/ - Canadian Metals Inc. is pleased to announce that it has closed a first tranche of its non-brokered private placement of units, announced on February 28, 2018, with three investors, namely the Québec Government, acting through its Fonds Capital Mines Hydrocarbures, managed by Ressources Québec [...]
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 one additional Share at a price of [...]
Canadian Metals Inc. is pleased to announce the appointment of Mr. Pierre Monet as Vice-President Finance and Chief Financial Officer of the company effective immediately. Mr. Monet will replace Mr. Robert Boisjoli who will be stepping down going forward. In addition, the company announces the appointment of Mr. Pascal Vallée as Director [...]
Canadian Metals Inc. is pleased to announce that it has filed on SEDAR a Technical Report in compliance with National Instrument 43-101 on a mineral resources update of the Company's 100% owned Langis near Amqui, Quebec. The technical report was prepared by Goldminds Geoservices Inc. . Highlights: High-grade silica sandstone deposit at surface [...]
Canadian Metals Inc. announces the closing of the non-brokered private placement, in the amount of $1,275,500. Under this offering, the Corporation issued 17,006,666 units at the priced at $0.075 each. Each unit is comprised of one common share and one common share purchase warrant having an exercise price of $0.15 and a term of 2 years from the [...]
Canadian Metals is pleased to announce the closing of a non-brokered private placement at which it issued an aggregate of 2,850,180 flow-through common shares of the Company at a price of $0.11 per Flow-Through Share, for gross proceeds of $313,520. Focus is also pleased to announce the closing of a second tranche of its previously announced [...]
Canadian Metals is pleased to announce that, further to its news release dated December 7, it has closed a first tranche of its previously announced brokered private placement offering. The First Tranche closing consisted of the issuance of 3,363,636 common shares issued on a flow-though basis at a price of CDN$011 per Share for gross proceeds of [...]
Canadian Metals is pleased to announce that the Company has received the results of its preliminary investigation of the La Chesnaye Lake 11km north of Baie-Comeau, in the province of Québec. Highlights: Exploration target of 2.5 to 3.5 Million tonnes of high silica Quartzite near surface with grade ranging from 98.34% to 99.0% SiO2