Red Metal Resources Ltd. is pleased to announce the start of the Company's 2022 exploration program. Red Metal has confirmed a drill contractor to execute a 2,000-metre diamond drill program expected to start on January 25th. Drill targets will be split between the known Farellon zone, previously drilled in 1996, 1997, 2009 and 2011, and targets identified along strike through surface sampling programs executed in 1996 [...]
Red Metal Resources Ltd. is pleased to announce the appointment of Mr. Carlos Chamale as Exploration Manager at the Carrizal Property in the Coastal Cordillera, Chile. Mr. Chamale is an experienced Canadian geologist with over fifteen years in the mineral exploration industry across multiple commodities and geological terranes, with a strong focus on copper and gold exploration, from project generation to property [...]
Red Metal Resources Ltd. is pleased to announce that it has obtained final approval from the Canadian Securities Exchange for the listing of its common shares under the ticker symbol "RMES". The Common Shares will commence trading on the CSE at market open on November 25, 2021. Red Metal is also pleased to announce that it has closed the previously announced subscription receipt offering for gross proceeds of $969,030 [...]
Red Metal Resources Ltd. is pleased to announce that it has obtained conditional approval from the Canadian Securities Exchange for the listing of its common shares . In connection with the listing, the Company has filed and received a receipt for a final non-offering prospectus with the B.C. Securities Commission to become a reporting issuer in the province of British Columbia. Red Metal is in the process of delivering [...]
Red Metal Resources Ltd. is pleased to announce that it has filed a Preliminary Non-Offering Prospectus with the British Columbia Securities Commission. No securities are being sold pursuant to this prospectus and no proceeds are being raised. Red Metal is also pleased to announce that is has applied to list its common shares on the Canadian Securities Exchange . Listing and trading of the Common Shares will be subject to [...]
Red Metal Resources Ltd. is pleased to announce that the board of directors of the Company has approved a 10% rolling stock option plan pursuant to which such number of common shares of the Company equal to ten percent of the issued and outstanding Shares of the Company from time to time are reserved for issuance. The Stock Option Plan has been established by the Board to provide the Company with a share-related mechanism [...]
Red Metal Resources Ltd. is pleased to announce that it has closed its oversubscribed non-brokered private placement of 6,460,872 subscription receipts at a price of $0.15 per subscription receipt , previously announced on February 17, 2021 for gross proceeds of $969,131 . Further to the news release dated May 19, 2021 announcing the closing of the unit offering ,with a lead order from AlphaNorth Asset Management, the [...]
Red Metal Resources Ltd. is pleased to announce that it has closed its non-brokered private placement of 3,849,668 units at a price of $0.15 per unit , previously announced on February 17, 2021, for gross proceeds of CAD$577,450.20 . Each unit consists of one common share of the Company and one common share purchase warrant , with each Warrant exercisable to acquire an additional common share of the Company at a price of [...]
Red Metal Resources Ltd. is pleased to announce the appointment of Mr. Rodney Stevens as Vice President, Corporate Finance for the Company, subject to any required regulatory approvals. Mr. Stevens is a Chartered Financial Analyst charterholder with over a decade of experience in the capital markets, first as an investment analyst with Salman Partners Inc. and subsequently as a merchant and investment banker. While at [...]
Red Metal Resources Ltd. is pleased to announce that the Company will be exhibiting at the annual PDAC 2021 Convention, the world's premier mineral exploration and mining event, which will be held virtually this year from Monday, March 8th until Thursday, March 11th. The General Public will be able to visit the Company's virtual booth in the Investor Exchange to view Red Metals' most up-to-date presentation and to arrange [...]
Red Metal Resources Ltd. is pleased to announce that the Company held its Annual and Special Meeting of Shareholders on February 9, 2021, pursuant to which the following matters were voted upon and approved by 99.9% of the shareholder votes at the Meeting: the approval of the Plan of Conversion to change the corporate jurisdiction of the Company from the state of Nevada to British Columbia ; the election of five members [...]
Red Metal Resources Ltd. is pleased to provide its shareholders with the corporate update on the Company's activities which include the following highlights: In order to provide the Company with additional flexibility for future capital raising purposes and as a step towards a future listing on a recognized Canadian stock exchange, of which there is no assurance, the management of the Company is looking to redomicile the [...]