Jet Metal and Canada Jetlines Ltd. are pleased to announce that Mr. Stan Gadek, BSc., MBA, has agreed to join the Board of Directors of Jet Metal on completion of the previously announced business combination transaction between Jet Metal and Jetlines. On completion of the Transaction, Jet Metal will be a publicly traded holding company that will [...]
Jet Metal and Canada Jetlines are pleased to announce that the parties have received the official Ministerial Order from the federal Minister of Transport, Marc Garneau providing for an exemption from current foreign ownership rules for Canadian airlines. The effect of the Exemption Order is that the parties will be permitted to conduct domestic [...]
Jet Metal and Canada Jetlines are pleased to announce that Jim Scott, CEO of Jetlines and Mark Morabito, President & CEO of Jet Metal applauded today's announcement by federal Transport Minister, Marc Garneau, that will allow Jetlines to move one step closer to becoming operational as Canada's first true ULCC airline. Minister Garneau announced [...]
Jet Metal is pleased to announce that it has entered into a letter of intent with Canada Jetlines Ltd. with respect to a business combination of Jetlines and Jet Metal. Jetlines is a start-up airline aiming to become Canada's first ultra-low cost carrier. "With this transaction Jetlines will have the working capital to move forward in earnest and [...]
Jet Metal announces that Mr. Jim Crawford has resigned as President & CEO of the Company, effective immediately. Mr. Crawford has been with the Company since September 2012 and the Board thanks him for his efforts during this time. Mr. Mark J. Morabito has been appointed as President & CEO. Mr. Morabito previously served as the Company's President [...]
Jet Metal announces that it has subscribed for common shares in a private placement, acquiring 1,000,000 common shares of Unloot Enterprises Inc. at a price of $0.20 per common share for an aggregate purchase price of $200,000. Unloot is developing mobile applications and software platforms to meet the investment expectations of millennial [...]
Jet Metal is pleased to announce the appointment of Mr. Stewart Wallis as non-executive Chairman to the Board of Directors, as well as the appointment of Mr. Ken Brophy to the Board of Directors. Mr. Wallis was initially appointed to the Board in June, 2003 and has also served as an Officer of the Company in a variety of capacities, most recently [...]
Jet Metal announces that its previously issued warrants will commence trading on the TSXV on Monday, January 19, 2015 under the symbol "JET.WT". The Warrants were issued on September 16, 2014 as part of the Company's private placement of 20,000,000 units and each Warrant is exercisable to acquire one common share of the Company for a period of 5 [...]
Jet Metal announces that, further to its news release dated September 17, 2014, it has received TSX Venture Exchange approval to issue 1,640,416 common shares of the Company at a deemed price of $0.15 per common share in order to settle $246,062.40 of outstanding debt. The shares were issued as of December 9, 2014 and are subject to a statutory [...]
Jet Metal is pleased to announce that it has completed its previously announced private placement. Pursuant to the Offering, 20,000,000 units were issued at a price of $0.15 per Unit for total gross proceeds of $3,000,000. Each Unit consists of one common share and one common share purchase warrant. Each Warrant shall be exercisable to acquire one [...]
Jet Metal announces that, further to the Company's August 18, 2014 news release regarding the amendment to the terms of the private placement, the Company is pleased to announce that it has made an application to the TSX Venture Exchange to list the warrants issuable under the private placement for trading on the TSXV. The listing of the warrants [...]
Jet Metal announces that it has amended the terms of the non-brokered private placement financing, initially announced on July 11, 2014, to increase the size of the offering to up to $3,000,000. The private placement will now consist of up to 20,000,000 units at a price of $0.15 per Unit for gross proceeds of up to $3,000,000. Each Unit will be [...]
