Bolt Metals Corp. is pleased to announce that it has entered into an agreement with an arms-length party , pursuant to which the Company may acquire a 100% ownership interest in and to the New Britain antimony and gold property in the Slocan Mining Division, BC, Canada . Property Highlights: Historic chip sample across 0.6 metre of vein material assayed 10.4% antimony, 9.7 g/t gold, 2358 grams per tonne silver , and 29.9 [...]
Bolt Metals Corp. is pleased to announce that Branden Haynes will join the Company as its President and Chief Executive Officer and also be appointed to its board of directors. Mr. Haynes has over 20-years of experience as an entrepreneur and capital markets professional, successfully raising funds for microcap companies across diverse industries with a focus on mineral exploration. Mr. Haynes was most recently CEO of [...]
Bolt Metals Corp. announces that further to its news release dated August 16, 2024 and clarifying and amending news release dated August 19, 2024, it has issued a total of 648,148 common shares at a price of $0.3375 per common share to settle outstanding indebtedness in the aggregate amount of $218,750.00 pursuant to debt settlement agreement with the Company's President, CEO and Director . All securities issued by the [...]
Bolt Metals announces its intention to complete a debt settlement with the Company's President, CEO and Director on account of accrued management fees in the aggregate amount of $218,750.00. The Debt was incurred in respect of accrued fees over a period of approximately four years. In consideration for the settlement of the Debt, the Company proposes to issue to the Creditor a total of 875,000 common shares at an issue [...]
Bolt Metals Corp. announces it has closed a non-brokered private placement announced May 12, 2023, by issuing 714,928 units at CAD$0.35 per Unit for gross proceeds of CAD$250,225 . Each Unit is comprised of one common share in the capital of the Company and one transferable Common Share purchase warrant . Each Warrant entitles the holder to acquire one Common Share at CAD$0.50 until June 5, 2025. The Company intends to [...]
Bolt Metals announces it intends to complete a non-brokered private placement of up to 714,286 units at CAD$0.35 per Unit for gross proceeds of up to CAD$250,000. Each Unit is comprised of one common share in the capital of the Company and one transferable Common Share purchase warrant. Each Warrant entitles the holder to acquire one Common Share at CAD$0.50 for two years from the date of issuance. In connection with the [...]
Bolt Metals Corp. is pleased to announce it has entered into a new conditional share sale and purchase agreement , pursuant to which Nickel Industries Ltd. has agreed to acquire 100% of the Company's interest in the Cyclops nickel-cobalt project . The Company and NIL had in December 2021 entered a similar agreement which did not close within its agreed timelines due to the decision by the Indonesian Government to revoke [...]
Bolt Metals announces it has implemented a consolidation of its issued share capital on the basis of one new common share for every ten currently outstanding common shares. Trading of the common shares on a post-Consolidation basis on the Canadian Securities Exchange and OTCQB will commence at market open on March 6, 2023. Immediately prior to the Consolidation, the Company had 14,981,415 issued and outstanding common [...]
Bolt Metals has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every ten pre-consolidated common shares. As a result, the outstanding shares of the company will be reduced to approximately 1,498,141 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on March 3, 2023 [...]
Bolt Metals announces it intends to consolidate the Company's issued share capital on a ratio of one new post-consolidated common share for every ten old pre-consolidated common shares. The Company currently has 14,981,415 issued and outstanding common shares and on completion of the Consolidation there is expected to be 1,498,141 issued and outstanding common shares, no fractional shares will be issued. Any fractional [...]
Bolt Metals Corp. announces its Indonesian subsidiary still awaits a decision from the Head of BKPM /Minister of Investment for Indonesia regarding possible reinstatement of the mining permit for the Cyclops nickel/cobalt Project. The Company's Indonesian advisors assisted in drafting an objection notice and have implemented additional measures to have the IUP extended. When available, the Company will provide updates [...]
Bolt Metals Corp. announces it is postponing the annual general and special meeting scheduled for March 29, 2022 . Bolt will post notice of a new meeting and record date once one is chosen in accordance with regulatory requirements. About Bolt Metals Bolt Metals is a Canadian‐based exploration company focused on the acquisition and development of production grade nickel and cobalt deposits, key raw material inputs for the [...]