Core Viewpoint - New Age Metals Inc. has made significant advancements in its mineral exploration and development activities, including stock option grants, conference participation, and strategic acquisitions in critical metal projects across North America [1][2][3]. Stock Options and Corporate Governance - The company granted 1,850,000 incentive stock options to various stakeholders at an exercise price of $0.50 per share for five years, pending acceptance by the TSX Venture Exchange [1]. Conference Participation - New Age Metals will attend the Vancouver Resource Investment Conference on January 25-26, 2026, and the PDAC Convention in Toronto from March 1-4, 2026, to engage with investors and stakeholders [2][3]. Project Divisions - The company operates three divisions: Platinum Group Elements (PGM), Lithium/Rare Metals, and Antimony-Gold, focusing on critical green metal projects [4]. PGM Division - The PGM Division includes the River Valley Project, one of North America's largest undeveloped PGM projects, and the Genesis PGM-Cu-Ni Project in Alaska [5]. Antimony-Gold Division - The Antimony-Gold division in Newfoundland covers 20,950 hectares across 11 properties, with ongoing exploration delineating multiple gold-antimony trends [6][7]. Recent Acquisitions - On January 21, 2026, the company announced the acquisition of the Northern Shield PGM-Copper-Nickel Project in Ontario's Ring of Fire, marking a strategic expansion [8]. Bonanza Ridge Project Expansion - The Bonanza Ridge Gold and Critical Metals Project has been expanded through option agreements for additional properties, increasing the total land package to approximately 8,500 hectares [9]. Field Operations Hub - A new field operations hub is being established in Kenora, Ontario, to enhance exploration activities across Northwestern Ontario and Eastern Manitoba [10]. Lithium Division Development - The Lithium Division is exploring hard rock lithium and rare elements in the Winnipeg River Pegmatite Field, in partnership with Mineral Resources Ltd., with a budget approved for ongoing projects [11]. Research Collaborations - The company is involved in multiple research collaborations, including a $1.5 million NSERC Alliance grant focused on advancing Canada's critical metals sector [12][13][14]. International Expansion - Management is actively seeking new mineral acquisition opportunities on an international scale, aiming to generate projects for major and junior mining companies [19].
New Age Metals Grants Stock Options
Thenewswire·2026-01-23 22:30