SUDBURY, ON, Nov. 17, 2014 /CNW/ - Transition Metals Corp. (XTM TSX.V) ("Transition", "the Company"), is pleased to announce that it has resumed drilling on its Sunday Lake discovery located 25 kilometres north of Thunder Bay, Ontario. The Sunday Lake discovery was announced on January 27, 2014 with additional results reported on June 4th and August 7th, 2014. In addition, the Company announces that it has staked a [...]
SUDBURY, ON, Oct. 14, 2014 /CNW/ - Sudbury Platinum Corporation (SPC) and Transition Metals Corp. (XTM TSX.V) ("Transition") are pleased to announce additional financing of $2,000,000 and the commencement of drilling at their 100% owned Aer-Kidd Project located within the Sudbury mining camp. The 2014 drill program will consist of 4,500m designed to test high-conductance electromagnetic targets identified on the [...]
SUDBURY, ON, Sept. 24, 2014 /CNW/ - Transition Metals Corp. (XTM TSX.V) ("Transition", "the Company"), is pleased to announce resumption of exploration at its Sunday Lake Project, located near Thunder Bay, Ontario. The Sunday Lake Project is a joint venture between Transition and Impala Platinum Holdings Ltd. (Implats) of South Africa that is solely funded by Implats until the completion of a Feasibility Study. The [...]
SUDBURY, ON, Aug. 25, 2014 /CNW/ - Sudbury Platinum Corporation (SPC) and Transition Metals Corp. (Transition) announce that SPC has completed the purchase of 100% interest in the mineral rights of Aer-Kidd project from CaNickel Mining Company Limited (CaNickel) for a cash payment of $1,250,000. Consequently, the underlying option agreement dated October 1, 2012 that had required SPC to spend $10.0 million to earn a 70 [...]
SUDBURY, ON, Aug. 13, 2014 /CNW/ - Transition Metals Corp. (XTM TSX.V) is pleased to announce that the results of a versatile time domain electromagnetic (VTEM) and horizontal magnetic gradiometer survey of the Janice Lake property, Saskatchewan, completed by Aeroquest Airborne, have led to the initiation of a ground follow-up program. A total of 700 line-kilometres of geophysical data were acquired during late May and [...]
SUDBURY, ON, Aug. 11, 2014 /CNW/ - Sudbury Platinum Corporation (SPC) and Transition Metals Corp. (Transition) announce that SPC has closed a non-brokered private placement for gross proceeds of $637,500. SPC issued 1,720,000 units and 830,000 flow through shares each at a price of $0.25. Each unit consisted of one common share and one common share purchase warrant entitling the holder to purchase an additional common [...]
SUDBURY, ON, Aug. 7, 2014 /CNW/ - Transition Metals Corp. (XTM TSX.V) ("Transition", "the Company"), is pleased to provide an update on activities at the Sunday Lake Project, located near Thunder Bay, Ontario. The Sunday Lake Project is a joint venture between Transition and Impala Platinum Holdings Ltd. (Implats) of South Africa that is fully funded by Implats. To date, the joint venture has completed 11 holes for a [...]
SUDBURY, ON, July 23, 2014 /CNW/ - Transition Metals Corp. (XTM TSX.V) ("Transition", "the Company"), is pleased to announce that through its strategic alliance partnership with Nunavut Resources Corporation (NRC), an additional 433 square kilometres of high potential gold and base metal exploration properties have been acquired in Nunavut. The properties along what has been termed the Izok-Grays Bay road [...]
SUDBURY, ON, June 4, 2014 /CNW/ - Transition Metals Corp. (XTM TSX.V) ("Transition", "the Company"), is pleased to announce initial assay results from the 2014 diamond drill program completed at the company's Sunday Lake Project, located near Thunder Bay, Ontario. The Sunday Lake Project is a joint venture between Transition and Impala Platinum Holdings Ltd. (Implats) of South Africa. The results are from the first [...]
SUDBURY, ON, April 25, 2014 /CNW/ - Transition Metals Corp. (TSXV: XTM) ("Transition" or "the Company") announces it has granted a total of 1,454,375 incentive stock options to directors, management and employees of the Company pursuant to the Company's stock option plan and subject to regulatory approval. The options are exercisable for a period of five years at a price of $0.40 per share. The shares issuable upon [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ SUDBURY, ON, April 16, 2014 /CNW/ - Transition Metals Corp. (XTM TSX.V) ("Transition" or "the Company") announces that it has closed the previously announced non-brokered private placement financing of 6,894,999 units (the "Units") of the Company, at a price of $0.30 per Unit, for gross proceeds of $2,068,500. Due to [...]
SUDBURY, ON, April 14, 2014 /CNW/ - Sudbury Platinum Corp. (the "Company, SPC) announced today that it has closed a non-brokered private placement with Royal Nickel Corporation (RNC) of 6,000,000 units at a price of $0.25 for gross proceeds of $1,500,000. Each unit consists of one common share and one common share purchase warrant entitling the holder to purchase an additional common share in the Company at $0.45 per [...]