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 [...]
Bolt Metals Corp. announces it's Indonesian subsidiary received notification from the Head of BKPM /Minister of Investment for Indonesia that the mining permit for the Cyclops nickel/cobalt Project has been revoked. Bolt, through its Indonesian subsidiary has, for the last 4-years, been working with government agencies to register its license into the Directorate General Mineral and Coal, Ministry of Energy and Mineral [...]
Bolt Metals Corp. is pleased to announce it has entered into a conditional share sale and purchase agreement , pursuant to which Nickel Mines Limited has agreed to acquire 100% of the Company's interest in the Cyclops nickel-cobalt project . Pursuant to the Agreement and subject to approval of the Transaction by the shareholders of Bolt, Bolt and its subsidiaries will receive cash payments in the aggregate amount of [...]
Bolt Metals Corp. provides update on the Company's 100% controlled, 5,000-hectare Cyclops nickel-cobalt project located in Papua province, Indonesia . The Company has commenced processing the extension of the Cyclops mining license with the Directorate General Minerals and Coal "Minerba", as the current license is scheduled for renewal at the end of December 2021. Progress to date has been positive with the Company [...]
British Columbia, April 30, 2021 -- Bolt Metals Corp. today provided an update on the Company's 100-per-cent-controlled, 5,000-hectare Cyclops nickel-cobalt project located in Papua province, Indonesia. During 2020 the Company's planned development activities for Cyclops were put on hold as travel in Indonesia and access to the project were rendered virtually impossible due to the COVID-19 pandemic. The Company did [...]
Bolt Metals Corp. announces that it has made application to the Canadian Securities Exchange , to reduce the exercise price of common share purchase warrants that were issued under the Company's private placement of units completed on February 6, 2020 from $1.04 per common share in the capital of the Company to $0.365 per Common Share , being the closing trading price of the Company's Common Shares on the Exchange prior [...]
Bolt Metals Corp. announces that it has made application to the Canadian Securities Exchange , to extend the term of common share purchase warrants that were issued under the Company's private placement of units completed on February 6, 2020, that were set to expire on February 6, 2021. The Warrants had an exercise price of $0.16 per common share and there were 6,184,704 issued and outstanding prior to the 6.5 to 1 share [...]
Bolt Metals Corp. announces that it has mutually agreed with 1261799 BC Ltd. to terminate the letter of intent announced September 17, 2020. 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 growing lithium‐ion battery industry. Visit https://boltmetals.com/ to find out more. [...]
Bolt Metals Corp. announces that at market open on Thursday, September 24, 2020, its common shares will begin trading on a six and one-half old for one new share consolidated basis. There are currently 79,467,726 common shares issued and outstanding. Upon consolidation, there will be approximately 12,225,804 common shares issued and outstanding. The exact number of post-consolidated shares will vary depending on the [...]
Bolt Metals Corp. announces the signing of a letter of intent for the acquisition of 1261799 BC Ltd. which will provide Bolt with an option to earn 100% ownership of the Cherry Creek Property, Nevada USA . Concurrent with the Proposed Transaction Bolt will complete a 6.5 old for 1 new share consolidation. Cherry Creek Property The Cherry Creek Property consists of 24 contiguous patented mineral claims in White Pine [...]
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