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 [...]
Red Metal Resources Ltd. announces that on January 30, 2020, the Company entered into debt settlement agreement with Ms. Caitlin Jeffs, the Company's CEO, President, and a Director, whereby the Company agreed to convert USD$167,103.91 the Company owed to Ms. Jeffs under convertible notes payable into 3,713,420 shares of the Company's common stock at a deemed price of $0.045 per Share. The Shares were issued pursuant to [...]
Red Metal Resources Ltd. is pleased to announce that on February 28, 2019, its board of directors appointed Jeffrey Cocks and Cody McFarlane as directors of the Company. Jeffrey Cocks, age 56, has over 25 years of experience in consulting, sales, marketing, product development and branding, as well as corporate compliance including overseeing his company's accounting, compliance and finance departments and as a director [...]
Red Metal Resources is pleased to announce that it has completed an evaluation of the cobalt potential of its Carrizal Alto Project located in the historic Carrizal Alto Mining District. Red Metal owns, or has an option to own, 100% interest in both the Farellon and Perth properties that comprise its Carrizal Alto Project. Below are the highlights of the evaluation conducted by Red Metal. The Company also urges its [...]
Thunder Bay, Ontario--(Newsfile Corp. - March 1, 2017) - Red Metal Resources Ltd. (OTC Pink: RMES) ("Red Metal") is pleased to announce that it has signed a Letter of Intent (the"LOI") with Power Americas Minerals Corp. ("Power Americas") to sell on the exercise of three separate options a one hundred percent (100%) interest in the Farellon Property, a one hundred percent (100%) interest in the Perth Property and a one [...]
Thunder Bay, Ontario and Vallenar, Chile--(Newsfile Corp. - November 29, 2016) - Red Metal Resources Ltd. (OTC Pink: RMES) ("Red Metal", or the "Company"), a mineral exploration company with copper-gold assets in Chile, is pleased to provide an update on mining activities being conducted by a local mining contractor on the Farellon copper-gold project. The contractor is selling ore to Empresa Nacional de Mineria [...]