New Age Metals announces that it has received acceptance from the TSX Venture Exchange for an extension to complete its non-brokered private placement for gross proceeds of up to $1,500,000. The Company oversubscribed its second tranche and increased its financing from $1,200,000 to $1,500,000. Financing terms and conditions can be found in the [...]
1.NAM's Platinum Group Metals Division, more specifically our River Valley PGM Project in Sudbury, Ontario, is the largest undeveloped primary platinum group metal project in North America. Management has director approval to advance the project towards its first economic study, a Preliminary Economic Assessment . 2. NAM has engaged P&E Mining [...]
1.NAM exercised its option agreement with Mustang Minerals to explore on the Cat 4 claim, which will be added to the Lithium Two Project and contains the western extension of the Eagle Pegmatite. An agreement to clarify terms and conditions has been signed. 2.New Age Metals and its Option/Joint-Venture Partner Azincourt Energy Corp. plan to explore [...]
-On May 7th, 2018, New Age Metals announced a non-brokered private placement . -The original placement was set for $1.2 Million dollars which is now oversubscribed. -Management of NAM closed on $920,550 on the first tranche of this PP. The company has since raised an additional $326,027 in the second tranche, for a total of $1,246,577. -The [...]
The New Age Metal/Azincourt Option - Joint Venture is the largest claim holder of Lithium Projects in the Winnipeg River Pegmatite Field with over 14,000 hectares . The Option/Joint Venture has eight projects in this large pegmatite field and are exploring for lithium-bearing pegmatites and Rare Metals. - Field exploration is underway which [...]
River Valley Platinum Group Metals Project, Sudbury Ontario 1.New Age Metals flagship project is the River Valley Project, which is the largest undeveloped primary PGM resource in North America, with 4.6 Moz PdEq in Measured Plus Indicated including an additional 2.6 Moz PdEq in Inferred. The River Valley PGM Project is located in Ontario and has [...]
1.Lithium Canada Development is the 100% owned subsidiary of New Age Metals who presently has an agreement with Azincourt Energy whereby AAZ will now commit an additional $250,000 in exploration expenditures and issue NAM an additional 250,000 shares of AAZ. This increases AAZ's initial 50% exploration expenditure earn in for AAZ from $2.6 million [...]
1.New Age Metal's board gave the authority for management to complete the River Valley Projects first economic study, a Preliminary Economic Assessment, which is slated to be completed before the end of Q1 2019 2.The PEA will evaluate the Project at a high-level engineering and financial study. The mineralization will be interrogated with pit shell [...]
Lithium Canada Development is the 100% owned subsidiary of New Age Metals who presently has an agreement with Azincourt Energy whereby AAZ will now commit an additional $250,000 in exploration expenditures and issue NAM an additional 250,000 shares of AAZ. This increases AAZ's initial 50% exploration expenditure earn in for AAZ from $2.350 million [...]
- River Valley is the largest undeveloped primary PGM resource in Canada, the March 2018 NI 43-101 has updated the 2012 resource. The River Valley PGM Project has excellent infrastructure and is within 100 kilometers of the Sudbury Metallurgical Complex. The project is 100% owned by New Age Metals. - 4,626,250 PdEq ounces, with 2,713,933 ounces in [...]
New Age Metals Inc. announces a non-brokered private placement of up to $1,200,000 by way of combined non-flow-through units at a price of $0.09 per Unit and flow-through units at a price of $0.11 per Unit of the Company. Each NFT Unit will consist of one common share and one half of one non-transferable share purchase warrant with each whole [...]
1. Lithium Canada Development is the 100% owned subsidiary of New Age Metals who presently has an agreement with Azincourt Energy whereby AAZ will now commit an additional $250,000 in exploration expenditures and issue NAM an additional 250,000 shares of AAZ. This increases AAZ's initial 50% exploration expenditure earn in for AAZ from $2.1 million [...]
