Canadian Critical Minerals Inc.
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CCMI Announces Second Tranche Closing of LIFE Offering
TMX Newsfile· 2025-12-30 11:00
Core Viewpoint - Canadian Critical Minerals Inc. has successfully closed the second and final tranche of its private placement, raising a total of $162,785 through the issuance of 4,650,999 units, bringing the total gross proceeds from both tranches to $751,635 [1][2]. Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant exercisable into one common share at a price of $0.05 for five years [2]. - The offering is subject to final approval from the TSX Venture Exchange [2]. - The units were issued under the listed issuer financing exemption, allowing Canadian purchasers to trade the common shares and warrants freely under applicable Canadian securities laws [3]. Group 2: Financial Aspects - The company paid finders fees of $2,305 and issued 65,870 finders warrants, each allowing the purchase of one common share at $0.05 for two years [5]. - The proceeds from the offering will be used to restart the Bull River Mine project and for working capital [6]. Group 3: Company Overview - Canadian Critical Minerals Inc. focuses on copper production assets in Canada, with its main asset being the Bull River Mine project, which contains 150 million lbs of copper [8]. - The company also holds a 5.3% interest in XXIX Metal Corp., which owns the Thierry copper project and the Opemiska copper project [8].
Canadian Critical Minerals Generates USD$135,000 in Revenue from Bull River Mine
Newsfile· 2025-09-29 12:00
Core Insights - Canadian Critical Minerals Inc. (CCMI) reported revenues from the sale of stockpiled mineralized material at the Bull River Mine (BRM) project, generating approximately USD$135,000 from 1,448 dry metric tonnes of material shipped in August 2025 [1][2]. Company Overview - CCMI is primarily focused on copper production assets in Canada, with its main asset being the 100% owned Bull River Mine project, which contains 150 million lbs of copper along with gold and silver resources [3]. - The company also holds a 9% interest in XXIX Metal Corp., which owns the Thierry copper project in Ontario and the Opemiska copper project in Quebec [3]. Financial and Operational Updates - Proceeds from the sale of mineralized material will be utilized to cover ongoing care and maintenance costs at BRM and to support engineering studies for the final permit application to restart mill and underground operations [2]. - As of the end of August 2025, the ore sorter at BRM was decommissioned and returned to its owner in Idaho on September 10, 2025 [2].
Canadian Critical Minerals Closes $600,000 Flow-Through Financing
Newsfile· 2025-09-19 21:22
Financing Details - Canadian Critical Minerals Inc. (CCMI) has completed a flow-through financing raising gross proceeds of $600,000, consisting of 17,142,858 flow-through units priced at $0.035 each [1][2] - Each unit includes one flow-through share and one-half of a common share purchase warrant, which can be exercised at $0.05 per share for three years [1][2] - The company paid cash finders fees of $42,000 and issued 1,200,000 finder warrants, also exercisable at $0.05 per share for three years [2] Use of Proceeds - The proceeds from the financing will be allocated for exploration and development activities at the Bull River Mine project located near Cranbrook, British Columbia [2] Company Overview - CCMI is primarily focused on copper production assets in Canada, with its main asset being the 100% owned Bull River Mine project, which contains 150 million lbs of copper along with gold and silver resources [3] - The company also holds a 9% interest in XXIX Metal Corp., which owns the Thierry copper project in Ontario and the Opemiska copper project in Quebec [3]
Canadian Critical Minerals Announces $600,000 Flow-Through Financing
Newsfile· 2025-09-17 21:05
Group 1 - Canadian Critical Minerals Inc. (CCMI) announces a flow-through financing for gross proceeds of $600,000, consisting of 17,142,858 flow-through units priced at $0.035 per unit [1][2] - Each unit includes one flow-through share and one-half of a common share purchase warrant, exercisable at $0.05 per share for three years [1][2] - The financing proceeds will be allocated for exploration and development activities at the Bull River Mine project located near Cranbrook, B.C. [2] Group 2 - CCMI is primarily focused on copper production assets in Canada, with its main asset being the 100% owned Bull River Mine project, which contains 150 million lbs of copper [3] - The company also holds a 9% interest in XXIX Metal Corp., which owns the Thierry copper project in Ontario and the Opemiska copper project in Quebec [3]
Canadian Critical Minerals Generates USD$247,000 in Revenue from Bull River Mine
Newsfile· 2025-09-05 19:02
Group 1 - Canadian Critical Minerals Inc. (CCMI) reported revenues from the sale of stockpiled mineralized material at the Bull River Mine (BRM) project, with provisional payments of approximately USD$247,000 for July 2025 shipments [1][2] - In July 2025, CCMI trucked 1,580 dry metric tonnes of sorted mineralized material to New Afton, which graded 1.86% Cu, 0.71 g/t Au, and 14.4 g/t Ag [1] - Proceeds from the sale will be used to offset ongoing care and maintenance costs at BRM and to support engineering studies for the final permit application to restart mill and underground operations [2] Group 2 - CCMI's main asset is the 100% owned Bull River Mine project, which contains 150 million lbs of copper, along with gold and silver resources [3] - The company also holds a 9% interest in XXIX Metal Corp., which owns the Thierry copper project and the Opemiska copper project [3]
Canadian Critical Minerals Announces the Passing of Founder David W. Johnston
Newsfile· 2025-08-05 12:00
Calgary, Alberta--(Newsfile Corp. - August 5, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") is deeply saddened to share the news of the passing of David W. Johnston, founder of Braveheart Resources (now Canadian Critical Minerals Inc.). David was a true pioneer in the Canadian mining industry and an active member of the Calgary business community for many years. A former miner with Hudson Bay Mining and Smelting, David went on to become a successful entreprene ...
Canadian Critical Minerals Generates Revenues of USD$130,000 from the Bull River Mine in June 2025
Newsfile· 2025-07-14 11:30
Canadian Critical Minerals Generates Revenues of USD$130,000 from the Bull River Mine in June 2025 This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information necessarily involve known and unknown risks, including, witho ...
Canadian Critical Minerals Announces Grant of Options
Newsfile· 2025-06-26 21:02
Company Overview - Canadian Critical Minerals Inc. (CCMI) is a mining company focused on copper production assets in Canada [2] - The main asset of CCMI is the Bull River Mine project, which contains 150 million lbs of copper, located near Cranbrook, British Columbia [2] - CCMI also holds a 10% interest in XXIX Metal Corp., which owns the Thierry copper project in Ontario and the Opemiska copper project in Quebec [2] Stock Option Grant - CCMI has granted 8,000,000 incentive stock options at an exercise price of $0.05 per share [1] - The stock options have an expiry date of three years from the date of issue and are granted to certain directors, officers, and employees of the company [1]
Canadian Critical Minerals Generates Record Revenues of USD$358,000 from Bull River Mine in May 2025
Newsfile· 2025-06-10 14:57
Core Insights - Canadian Critical Minerals Inc. (CCMI) reported record revenues of approximately USD$358,000 from the sale of stockpiled mineralized material in May 2025 [1][6] - The company trucked 1,437 dry metric tonnes of sorted mineralized material to New Afton, which included high-grade copper, gold, and silver [1][2] - The mineralized material sent to New Afton had a grade of 3.06% Cu, 0.78 g/t Au, and 22.9 g/t Ag [1] Company Overview - CCMI is primarily focused on copper production assets in Canada, with its main asset being the Bull River Mine project, which contains 150 million lbs of copper [3] - The company also holds a 10% interest in XXIX Metal Corp., which owns the Thierry copper project and the Opemiska copper project [3] Operational Context - The mineralized material was sorted and stockpiled during March and April 2025 due to road restrictions, and new material was processed in May 2025 [2] - The sale of mineralized material helps offset care and maintenance costs for the Bull River Mine and provides funding for the permit process to restart operations [3]
Canadian Critical Minerals Generates USD$140,000 in Revenue from Bull River Mine
Newsfile· 2025-05-21 17:31
Group 1 - Canadian Critical Minerals Inc. (CCMI) reported revenues from the sale of stockpiled copper, gold, and silver mineralized material at the Bull River Mine project, with provisional payments of approximately USD$144,000 for April 2025 shipments [1] - In April 2025, the company trucked 429 dry metric tonnes of sorted mineralized material to New Afton, which graded 2.87% Cu, 1.97 g/t Au, and 21.0 g/t Ag [1] - Road restrictions imposed by the Ministry of Transportation and Infrastructure of British Columbia were lifted in late April 2025, allowing the company to resume trucking operations [2] Group 2 - CCMI's main asset is the 100% owned Bull River Mine project, which contains 150 million lbs of copper and has a mineral resource that includes copper, gold, and silver [3] - The company also holds a 10% interest in XXIX Metal Corp., which owns the Thierry copper project and the Opemiska copper project [3]