Not for distribution to U.S. news wire services or dissemination in the United States. Electric Metals Ltd. is pleased to announce its intention to complete a non-brokered private placement of up to a maximum of 10,000,000 common shares of the Company at a price of CAD$0.10 per Share for maximum gross proceeds of CAD$1,000,000 . The Shares issued [...]
Electric Metals Ltd. announces that it has granted an aggregate of 793,376 deferred share units to its non-management directors for consideration for services rendered, and 200,000 incentive stock options to an officer of the Company. The DSUs were granted at an average grant price of C$0.11 per unit. The stock options have an exercise price of [...]
Electric Metals Ltd. announces that it has granted, under its Omnibus Equity Incentive Plan, a total of 7,500,000 stock options to directors and officers. One million of the stock options vest on February 1, 2025 and have an exercise price of C$0.25. Six million of the stock options vest based on key performance metrics with an exercise price of [...]
Leach Extractions of 95% or Higher Were Achieved Electric Metals Ltd. is pleased to announce the successful results of metallurgical testing on the Emily manganese deposit, located in Minnesota, United States. Kemetco Research Inc. conducted the testing program, successfully demonstrating the capability of producing high-purity manganese sulfate [...]
Electric Metals Ltd. announces that it has accepted the resignations of Megan McElwain and John Kutkevicius from the board as they pursue other endeavors. The Company would like to thank Ms. McElwain and Mr. Kutkevicius for their service to the Electric Metals board and wishes them well. The Company also announces the appointment of Michèle [...]
Electric Metals Ltd. is pleased to announce it will present at the Battery & Precious Metals Virtual Investor Conference July 23rd. The Company will also host 1x1 meetings with investors during the event. DATE: July 23rd through July 26th, 2024 PRESENTATION: July 23rd, 12:30 PM Eastern REGISTRATION LINK: Battery & Precious Metals Investor [...]
Electric Metals Ltd. is pleased to announce the results of its annual and special meeting held on June 26, 2024 . At the Meeting, shareholders approved the appointment of Baker Tilly WM LLP, Chartered Accountants, as auditor of the Corporation, the expansion of the Board of Directors to seven persons and the election of all of management's nominees [...]
Electric Metals Ltd. is pleased to announce that Dr. Quinton Hennigh and Mr. Tyson Hall will stand for election as directors at the Company's upcoming annual general and special meeting to be held on June 26, 2024 at 12 noon EST , along with incumbents Brian Savage , Dr. Henry Sandri, John Kutkevicius, Megan McElwain and Steve Durbin. "We are [...]
• At a 10% cutoff grade, Indicated Resources increased by 20.9% to 6.2 million metric tons, with a grade of 19.27% manganese, and Inferred Resources increased by 596.5% to 4.9 million metric tons, with a grade of 17.50% manganese • Large tonnage expansion associated with eastern in-fill and central step-out drill holes, the western zone [...]
Current direct leaching results successful in achieving high manganese extractions of more than 90% using a reductant Previous leach test work confirmed +80% recovery of manganese and produced a number of chemical grade manganese products including EMD, EMM, and MnCO3 in the lab Focus is now on developing a viable optimized flow sheet [...]
Electric Metals Ltd. is pleased to announce that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will receive a fee of [...]
20.9% increase in total Indicated Resources to 6.2 million tonnes with average manganese grade of 19.27% and 596.5% increase in Inferred Resource to 4.9 million tonnes with average manganese grade of 17.50%, using a 10% cutoff grade 64.2% increase in total Indicated Resources to 14.5 million tonnes with average manganese grade of 12.06% and 800.1 [...]
