DeepRock Minerals Inc. , is pleased to announce that it has signed a letter agreement dated June 14, 2024 with Allied Critical Metals Corp. , which provides the general terms and conditions of the spin-out transaction of Deep and subsequent reverse takeover of the Company by Allied Critical Metals , pursuant to the policies of the Canadian [...]
DeepRock Minerals Inc. , announces today that further to its news releases dated March 20, 2024 and May 31, 2024, on the offering of up to 25,000,000 units at $0.02 each , it has now closed the first tranche of the non-brokered private placement Offering of 9,350,000 units , at a price of $0.02 per Unit for gross proceeds of $187,000.00 . The Units [...]
DeepRock Minerals Inc. , announces today that pursuant to its news release dated March 20, 2024, it intends to close the first tranche of its non-brokered private placement on or around Monday June 10, 2024. The private placement is an offering of Units at $0.02 each for gross proceeds of up to $500,000. Each Unit will consist of one common share [...]
DeepRock Minerals is pleased to announce amendments to its option agreements concerning the Fall Grid Property and the Lugar Property, comprising the Golden Gate Project. Under these amendments, there is no change in the total cash payments, however, the transactions will involve the issuance of shares and eliminate all commitments on exploration [...]
DeepRock Minerals is pleased to announce a letter agreement signed with Allied Critical Metals Corp. to acquire a net profits stream for the Vila Verde Tungsten-Tin Project Test Plant to process stockpiled tungsten mineralized material at the quarry. This stream delivers near-term financing to accelerate ACM's plans for its tungsten processing [...]
DeepRock Minerals is pleased to welcome Mr. Roger Baer as a new member of its board of directors. With a wealth of over 35 years in accounting and financial management, Mr. Baer brings extensive expertise primarily garnered within the mining industry. Notably, Mr. Baer's experience spans both the coal and hard-rock metals sectors, encompassing [...]
DeepRock Minerals announces an offering of convertible debentures with an aggregate principal of up to $2,000,000. Proceeds of the Offering will be used to finance potential acquisitions of assets or businesses in the mineral resource sector, advance the Company's current exploration projects, and for general working capital. The Debentures will [...]
DeepRock Minerals is proposing a plan to "spin out" its Canadian mineral properties - the Ralleau VMS Project in Quebec and the Golden Gate Project in New Brunswick - into one company, and its Zapozilor Polymetallic Project in Romania to another company. The Spin-Out will allow DeepRock to continue as a single entity solely focused on the [...]
DeepRock Minerals is pleased to announce it has entered into an option agreement to acquire a 100% interest in the Galileia Lithium Property with ANTARES MINERAIS ENERGÉTICOS LTDA, a limited company incorporated and existing under the laws of Brazil. The Galileia Property covers 6,600 ha comprising 4 exploration permits and is in Brazil's [...]
DeepRock Minerals is pleased to announce it has entered into an option agreement to acquire a 100% interest in the Galileia Lithium Property with ANTARES MINERAIS ENERGÉTICOS LTDA, a limited company incorporated and existing under the laws of Brazil. The Galileia Property covers 6,600 hectares comprising 4 exploration permits and is in [...]
DeepRock Minerals announces that the Company and Augustine Trading Professionals SRL have mutually agreed to terminate the property purchase agreement between them dated August 31, 2021, whereby the Company was to purchase from Augustine a mineral property in Romania known as the Dragon Valley Property. DeepRock had advanced $275,000 of the [...]
DeepRock Minerals announces that it intends to extend the expiry date of an aggregate of 13,100,00 common share purchase warrants by approximately 7 months to Feb 4, 2024. The Warrants were issued pursuant to a private placement which closed on July 9, 2021, and are currently set to expire on July 9, 2023. Each Warrant entitles the holder thereof [...]