Cruz Battery Metals Corp. wishes to announce the Company is planning to begin a Phase-3 drill program shortly on the 100-percent owned, 8,135-acre Solar Lithium Project in Nevada, directly bordering American Lithium Corp.'s TLC project . The Company has already received approval from the Bureau of Land Management for up to 22 additional holes. To date, every hole drilled on the 'Solar Lithium Project' has discovered [...]
Cruz Battery Metals Corp. wishes to announce that the Bureau of Land Management has given Cruz approval for up to 22 additional holes to be completed on the 100-percent owned Solar Lithium Project in Nevada, directly bordering American Lithium Corp.'s TLC project . To date, every hole drilled on the 'Solar Lithium Project' has discovered lithium, including values as high as 1,300 ppm Li . The Company is currently planning [...]
Cruz Battery Metals has granted a total of 1,300,000 stock options to its directors, officers and consultants at an exercise price of 10 cents per share for a period of 12 months. The Company also granted a total of 7,080,000 restricted share units to its directors, officers and consultants. The RSUs vest as follows: 40% on the date of grant, 20% on 3 months, 20% on six months and 20% on 9 months. The options and the RSUs [...]
Cruz Battery Metals Corp. has granted a total of 2,850,000 stock options to its directors, officers and consultants at an exercise price of 13 cents per share for a period of 12 months. The Company also granted a total of 2,900,000 restricted share units to its directors, officers and consultants. The RSUs vest as follows: 40% on the date of grant, 20% on 3 months, 20% on six months and 20% on 9 months. The options and [...]
Cruz Battery Metals Corp. is pleased to announce that, further to its News Release dated August 24, 2022, it has completed its private placement , pursuant to which it issued an aggregate of 34,653,465 units at a price of $0.101 per Unit for aggregate gross proceeds of $3,500,000. Each Unit is comprised of one common share and one transferrable share purchase warrant . Each Warrant entitles the holder thereof to acquire [...]
Cruz Battery Metals Corp. is pleased to announce a private placement financing to raise gross proceeds of $3,500,000 through issuance of 34,653,465 units at a price of $0.101 per Unit. Each Unit will be comprised of one common share in the capital of the Company and one transferrable share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional Share at a price of $0.15 per Warrant Share [...]
Cruz Battery Metals Corp. wishes to announce that all the matters contemplated at the AGM, held on May 16, 2022, including the Company's omnibus equity incentive plan, have been approved by the shareholders. In addition, Cruz would like to welcome Ms. Negar Adam to the board of directors. About Cruz Battery Metals Corp. Cruz currently has several projects located throughout North America. Cruz's Nevada lithium projects [...]
Cruz Battery Metals Corp. wishes to announce that it has received the final drill results from the phase II drill program on the 100-percent owned, 8,135 total contiguous acre 'Solar Lithium Project' in Nevada. Hole-6 was drilled more than 4 km's to the North of any previous hole drilled to date on the Solar Lithium Project. Drill hole-6 discovered values as high as 630 parts per million lithium . To date, every hole [...]
Cruz Battery Metals Corp. wishes to announce that it has received drill results from three holes of the phase II drill program on the 100-percent owned, 8,135 total contiguous acre 'Solar Lithium Project' in Nevada. Hole-3 achieved values as high as 900 parts per million Lithium , hole-4 achieved a high value of 790 ppm Li, and hole-5 achieved a high value of 820 ppm Li. Cruz is still awaiting further drill results from [...]
Cruz Battery Metals Corp. is pleased to announce that every drill hole of the phase II drill program on the 100-percent owned, 8,135 total contiguous acre 'Solar Lithium Project' in Nevada, has encountered the targeted potential lithium-bearing claystone. The samples have been sent for assaying on a rush basis to ALS labs in Reno. The 'Solar Lithium Project' directly borders American Lithium Corp.'s TLC project. On May [...]
Cruz Battery Metals Corp. is pleased to announce that every drill hole of the phase II drill program on the 100-percent owned, 8,135 total contiguous acre 'Solar Lithium Project' in Nevada, has encountered the targeted potential lithium-bearing claystone. The samples have been sent for assaying on a rush basis to ALS labs in Reno. The 'Solar Lithium Project' directly borders American Lithium Corp.'s TLC project. On May [...]
Cruz Battery Metals Corp. is pleased to announce that the first hole of the phase II drill program on the 100-percent owned, 8,135 total contiguous acre 'Solar Lithium Project' in Nevada, has encountered 700 continuous feet of the targeted potential lithium-bearing claystone. This 700-foot claystone intercept is more than double the length of any previous claystone intercept encountered on Cruz's phase I drill program and [...]