Sterling Metals Corp. is pleased to announce that it has been named to the 2021 TSX Venture 50, a ranking of top performing companies traded on the TSX Venture Exchange. Sterling was ranked third in the Mining Sector with a market cap increase of 1,387% and a share price increase of 580% during the calendar year of 2020. The TSX Venture 50 is an annual program showcasing the top performing listed companies from five [...]
Sterling Metals Corp. is very pleased to report on the results of the 2020 soil sampling program from its Sail Pond Silver Project located on the Great Northern Peninsula of Newfoundland. The multi-element soil results, as illustrated in Figure 1, confirm the presence and expand upon the Company's expectations of multi-kilometer scale linear silver, copper, zinc and lead soil anomalies in the central core of the Project [...]
Sterling Metals Corp. is pleased to announce that, further to its press release of December 18, 2020 and pursuant to the terms of a definitive option agreement dated September 23, 2020 between the Company and Altius Resources Inc. , a wholly-owned subsidiary of Altius Minerals Corp., the Company has settled $200,000 owing to Altius through the issuance of an aggregate of 606,061 common shares at a deemed price of $0.33 [...]
Sterling Metals Corp. is very pleased to announce the results of its initial reconnaissance prospecting program on its recently acquired Sail Pond project located in northwestern Newfoundland. Following acquisition of the Project in October 2020, the Company immediately initiated a work program comprised of prospecting, along with bedrock mapping, B-horizon soil sampling, and a 60 km2 LiDAR and orthoimagery survey . The [...]
Sterling Metals Corp. is very pleased to announce the results of its initial reconnaissance prospecting program on its recently acquired Sail Pond project located in northwestern Newfoundland. Following acquisition of the Project in October 2020, the Company immediately initiated a work program comprised of prospecting, along with bedrock mapping, B-horizon soil sampling, and a 60 km2 LiDAR and orthoimagery survey . The [...]
Sterling Metals Corp. is pleased to announce the formation of an advisory board to provide advice and recommendations to the Company's Board of Directors and management. In conjunction with the formation of the advisory board, the Company is pleased to announce that it has appointed Denis Laviolette, Kelly Malcolm and Mark Raguz as its first members. Mathew Wilson, CEO, commented, "I am extremely pleased to welcome [...]
Sterling Metals Corp. is pleased to announce that it has completed its previously announced "best efforts" brokered private placement of 3,701,296 units at a price of $0.30 per Unit, 4,364,213 flow-through units at a price of $0.35 per FT Unit, and 2,564,103 charity flow-through units at a price of $0.39 per Charity FT Unit, for aggregate gross proceeds of $3,637,863.52. The Offering was led by StephenAvenue Securities [...]
Sterling Metals Corp. is pleased to announce that further to its press release of November 23, 2020, the Company has agreed with StephenAvenue Securities Inc. to increase the size of the flow-though and charity flow-through portions of its "best efforts" private placement for gross proceeds of up to $3,750,864, through the issuance of additional flow-through units at a price of $0.35 per FT Unit and charity flow-through [...]
Sterling Metals Corp. is pleased to announce that it has entered into an agreement with StephenAvenue Securities Inc. , as sole agent and sole bookrunner, in connection with a "best efforts" private placement through the issuance of units at a price of $0.30 per Unit, flow-through units at a price of $0.35 per FT Unit and charity flow-through units at a price of $0.39 per Charity FT Unit for aggregate gross proceeds of up [...]
Latin American Minerals Inc. is pleased to announce that it has filed articles of amendment to change its name to "Sterling Metals Corp." and consolidate its issued and outstanding common shares on the basis of ten pre-consolidation Common Shares for one post-consolidation Common Share . The Name Change and Consolidation were approved by shareholders of the Company at its annual and special meeting held on October 20 [...]
Latin American Minerals Inc. is pleased to announce that, further to its press release of August 24, 2020, it has entered into a definitive option agreement dated September 23, 2020, with Altius Resources Inc, a wholly-owned subsidiary of Altius Minerals Corp. , to purchase a 100% interest in the Sail Pond silver-copper-lead-zinc project on the Great Northern Peninsula of Newfoundland. Under the terms of the option [...]
Latin American Minerals Inc. is pleased to announce that it has executed a Letter of Intent to purchase 100% of the Sail Pond silver-copper-lead-zinc project on the Great Northern Peninsula of Newfoundland from Altius Resources Inc, a wholly-owned subsidiary of Altius Minerals Corp. . In consideration for the purchase of the Project, on signing of a Definitive Agreement , the Company will issue to Altius 19.9% of the [...]
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