Critical Metals

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VanadiumCorp Closes First Tranche of Financing
Thenewswire· 2025-07-11 21:10
Core Viewpoint - VanadiumCorp Resource Inc. has received conditional approval for a non-brokered private placement financing of up to $500,000 from the TSX Venture Exchange [1][3] Financing Details - The financing consists of up to 4,545,455 units priced at $0.11 each, with each unit comprising one common share and one common share purchase warrant [2] - Each warrant is exercisable for an additional common share at $0.15 for a period of two years from the date of issue [2] - The first tranche of the financing has been closed, issuing 1,590,909 units for total gross proceeds of $174,999.99 [3] - The financing is subject to final approval from the Exchange, and all securities issued will be under a four-month hold from the date of issue [3] - Proceeds from the financing will be used for working capital and general corporate purposes [3] Company Overview - VanadiumCorp is a Canadian critical metals exploration company that owns 100% of two strategic properties in Quebec: The Iron T and the flagship Lac Doré property [5] - The company is advancing innovative technologies to extract vanadium-titanium and potentially high-grade iron from its vanadiferous titanomagnetite projects [5] - Successful implementation of these technologies is expected to ensure a stable, long-term supply of critical metal deposits, including vanadium feedstock for electrolyte production [5] - The initial electrolyte facility located in Val-des-Sources, Quebec, will evaluate output quality and facilitate initial electrolyte production [5] - The company plans to expand electrolyte production for the international market, specifically for long-duration Vanadium Flow Batteries (VRBs) [5]
OTC Markets Group Welcomes MTM Critical Metals Ltd to OTCQX
Globenewswire· 2025-07-10 11:00
NEW YORK, July 10, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced MTM Critical Metals Ltd (ASX: MTM; OTCQX: MTMCF), a pioneer in sustainable critical metals processing and recovery, has qualified to trade on the OTCQX® Best Market. MTM Critical Metals Ltd upgraded to OTCQX from the OTCQB® Venture Market. MTM Critical Metals Ltd begins trading today on OTCQX under the symbol “MTMCF.” U.S. inves ...
TMC Announces Appointment of Michael Hess and Alex Spiro to its Board of Directors
Globenewswire· 2025-06-16 20:05
Core Viewpoint - TMC the metals company Inc. has appointed Michael Hess and Alex Spiro to its Board of Directors to advance its plans for commercial recovery of polymetallic nodules in international waters under U.S. regulations [1][4]. Group 1: Appointments and Expertise - Michael Hess brings over 15 years of experience in evaluating, financing, and developing energy infrastructure, having co-founded the Bison Companies and currently serving as Chief Investment Officer of Hess Capital [2][5]. - Alex Spiro, a well-known litigator and investor, has extensive experience in corporate governance, public markets, and regulatory affairs, advising major corporations on high-priority issues [3][5]. - The appointments are seen as strategic moves to strengthen TMC's Board as the company focuses on its U.S. strategy and accelerates progress toward commercial recovery of polymetallic nodules [5]. Group 2: Strategic Importance - TMC aims to unlock a multi-generational domestic supply of critical metals essential for energy, defense, manufacturing, and infrastructure, aligning with America's strategic interests [3][4]. - The company is responding to a new Executive Order that designates seabed minerals as critical to U.S. national, economic, and energy security, which also authorizes the expediting of the permitting process [4][5].
Blue Moon Metals Completes First Blast on Nussir Access Portal Ahead of Schedule
Globenewswire· 2025-06-16 10:45
TORONTO, June 16, 2025 (GLOBE NEWSWIRE) -- Blue Moon Metals Inc. (“Blue Moon” or the “Company”) (TSXV: MOON; OTCQX: BMOOF), is pleased to announce that the company has commenced underground construction on the Nussir Mine completing the first blast on the access portal on June 12, 2025; ahead of schedule. Nussir’s mining contractor, Leonhard Nilsen & Sonner AS (“LNS”) will extend the decline approximately 2,500 meters providing a platform for further underground exploration. The exploration work to be compl ...
Allied Critical Metals Announces Frankfurt Stock Exchange Listing
Thenewswire· 2025-05-15 21:50
Company Overview - Allied Critical Metals Inc. is a Canadian-based mining company focused on the expansion and revitalization of its 100% owned past producing Borralha and Vila Verde tungsten projects in northern Portugal [3] - Tungsten has been designated a critical metal by the United States and other western countries, with China and Russia representing 90% of the total global supply and reserves [3] Market Context - The tungsten market is estimated to be valued at approximately $5 - $6 billion USD and is utilized in various industries such as defense, automotive, manufacturing, electronics, and energy [3] Recent Developments - Allied's common shares are now trading on the Frankfurt Stock Exchange under the symbol "0VJ0", which is expected to broaden the shareholder base in Europe and increase trading activity [1] - The listing coincides with Allied's presentation of its tungsten projects at the Deutsche Goldmesse investor conference in Frankfurt on May 16 & 17, 2025 [2]
Quantum Critical Metals to Attend at Kamloops Exploration Group Conference April 7 & 8
Thenewswire· 2025-04-07 20:00
Core Insights - Quantum Critical Metals Corp. is participating in the annual Kamloops Exploration Group conference on April 7th and 8th, 2025, to discuss its properties and projects [1][2] - The company focuses on advancing critical metals projects essential for next-generation technologies, with a portfolio that includes several promising assets [7] Industry Overview - Critical metals are vital for modern technologies, including renewable energy systems and advanced electronics, with both the U.S. and Canada identifying specific critical minerals for economic and national security [4] - Recent geopolitical developments, particularly China's export bans on critical minerals, have raised concerns about supply chain security, emphasizing the need for diversification and domestic sourcing of critical metals [5]
Rockland Resources Acquires the Claybank Beryllium Project Near the Spor Mountain Beryllium Mine
Thenewswire· 2025-03-25 12:00
Company Overview - Rockland Resources Ltd. has acquired the Claybank Beryllium Project in Juab County, Utah, which is strategically located near the largest global beryllium producer, Materion Corp's Spor Mountain [1][11] - The acquisition strengthens Rockland's position in the niche global beryllium market, aligning with the growing global demand for beryllium [2][11] Project Details - The Claybank Beryllium Project consists of two unpatented claims covering approximately 16 hectares (40 acres) [3] - Historical drilling in 1987 identified a beryllium mineralization zone approximately 70 meters long, with drillhole intercepts ranging from 0.25% to 0.65% Be [3][7] - A spring reconnaissance surface sampling and mapping program will commence once weather conditions allow [7] Acquisition Terms - The acquisition was finalized on March 19, 2025, involving cumulative cash payments of $400,000 USD and the issuance of one million warrants at $0.15 CAD [8] - A 2.5% Net Smelter Return (NSR) will be granted to the vendor, with an option for Rockland to buy back 1% for $1 million USD [8] Future Plans - The company plans to confirm historical results at Claybank with the intent to expand the historic mineralized zone [2][11] - Rockland has also set 25,000 options for a consultant at $0.15 for a period of two years [9]