Athabasca Nuclear announces that it intends to conduct a non-brokered financing of up to $525,000 consisting of 3,500,000 common shares at price of $0.15 per common share. Proceeds of the Financing will be used for expenditures related to the Corporation’s mineral properties and for general working capital purposes. The Corporation may pay cash finder’s fees equal to 7% of the gross proceeds of the Financing.
Athabasca Nuclear is pleased to report that it has closed its previously announced financing for gross proceeds of $510,000. The Private Placement and its terms were originally announced on May 17, 2016. Securities issued under the Private Placement are subject to a four-month hold period from the date of issuance in accordance with applicable securities laws. Under the Private Placement, the Corporation paid $25,340 in [...]
Athabasca Nuclear is pleased to report that it has acquired the Sun Valley PGE Project, a large scale platinum group element exploration project located in Quebec. “The Sun Valley PGE Project is well situated and substantial in scale. Importantly, it provides robust exploration potential for PGE’s, which we believe have a valued role as part of our clean commodity platform. Reflective of market capitalization already [...]
Athabasca Nuclear Corporationis pleased to report that it has closed the acquisition of the claims hosting the Phoenix and Torp Lake lithium pegmatites as originally announced by news release dated May 2, 2016. For more information, visit spodumene.ca.
Athabasca Nuclear is pleased to report that it has acquired a large scale lithium project in Nova Scotia’s highly prospective lithium district near Yarmouth. “Securing the largest part of the Brazil Lake region for ASC is a significant achievement. Beyond the area already having been identified as hosting one of North America’s richest spodumene lithium occurrences it is also systemically underexplored. This new lithium [...]
Athabasca Nuclear is pleased to announce that it intends to conduct a financing consisting of a brokered flow-through component of up to 2,500,000 units at a price of $0.10 per unit for gross proceeds of $250,000 and a non-brokered common share component of up to 3,250,000 units at price of $0.08 per unit for gross proceeds of $260,000.
Athabasca Nuclear is pleased to announce that it has entered into a binding letter of intent with North Arrow Minerals to acquire the Torp Lake and Phoenix claims which host the McAvoy, Big Bird and Curlew lithium pegmatite bodies. “Today’s announcement represents an exciting and fundamental step forward for ASC’s lithium portfolio. In one step, we advance from lithium exploration assets to now also becoming a company [...]
Athabasca Nuclear is pleased to report that it has acquired the Beaverhill Lithium Brine Project located in the Swan Hills area of west-central Alberta. Within the region, formation waters associated with oil and gas wells are known to contain highly elevated concentrations of lithium, potassium, boron and other commodities. “The acquisition of the Beaverhill property provides ASC with access to a lithium brine project [...]
Athabasca Nuclear announces that it has filed its annual audited Financial Statements and its Management Discussion and Analysis for the period ended December 31, 2015. These documents are available on SEDAR at www.sedar.com under Athabasca Nuclear’s profile.
Athabasca Nuclear is pleased to announce that it has acquired the domain name spodumene.ca. ASC will be developing www.spodumene.ca as an online resource for shareholders to follow our Quebec spodumene lithium projects (as announced April 18, 2016) and as a general information portal for spodumene lithium. The Corporation also reports that it has simultaneously acquired Brines.ca, which shall be developed if and when a [...]
Athabasca Nuclear is pleased to announce that it intends to conduct a non-brokered private placement of up to 10,000,000 common share units at a price of $0.10 per unit to raise gross proceeds of up to $1,000,000. Net proceeds of the Financing will be used to advance ASC’s district-scale Quebec lithium projects in the Whabouchi Lithium District, to fund potential new acquisitions of additional lithium assets and for [...]
Athabasca Nuclear is pleased to report that it has established a large-scale position in the Whabouchi Lithium District located in Quebec by way of 356 claim applications. Upon approval of these applications by the Government of Quebec, ASC expects to become the largest mineral tenure holder in the Whabouchi Lithium District, which hosts Nemaska Lithium Inc.’s proposed Whabouchi spodumene lithium mine. In total, ASC [...]