Canadian Metals announces today's appointment of Kelly Malcolm to the Board of Directors and as Chairman of the Board. Effective immediately, Mr. Quentin Yarie has resigned from the Board of Directors of CME. The Company would like to thank Mr. Yarie for his brief tenure on the board of CME. Mr. Malcolm is a Professional Geologist who is currently President and CEO of Borealis Mining, he also was recently the Vice [...]
Canadian Metals is pleased to report the 2023 exploration program results and upcoming exploration plans on multiple properties located in New Brunswick, Canada near the prolific Bathurst Mining Camp where VMS style deposits were mined between 1957 and 2013; for a historical production of approximately 179 Mt, with an average grade of 3.12% lead, 7.91% zinc, 0.47% copper, and 93.9 g/t silver. See Figure 1 for a map of [...]
Toronto, Ontario-- - Canadian Metals Inc. has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every five pre-consolidated common shares. As a result, the outstanding shares of the company will be reduced to approximately 31,224,204 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close [...]
Canadian Metals announces further to its news releases dated December 13, 2022 and April 24, 2023, the Corporation will implement the consolidation of all its issued and outstanding common shares in its share capital on a basis of every five pre-consolidated common shares for one post-consolidated common share. The Consolidation has been approved by the shareholders of the Corporation via a special resolution at the [...]
Canadian Metals Inc. is pleased to announce the appointment of Quentin Yarie, P.Geo as Director and Chairman of the Board. In addition, Michel Gagnon has stepped down as Chairman of the Board and will remain as a Director. Mr. Yarie is an experienced geophysicist and a successful mining entrepreneur. He has more than 25 years of industry experience in senior executive roles, founding and leading companies domestically and [...]
Canadian Metals Inc. is pleased to announce current and upcoming exploration plans on multiple properties located in New Brunswick, Canada near the prolific Bathurst Mining Camp where VMS style deposits were mined between 1957 and 2013; for a total production of approximately 179 Mt, with an average grade of 3.12% Pb, 7.91% Zn, 0.47% Cu, and 93.9 g/t Ag[1]. See Figure 1 for a map of CME's properties in the Bathurst Mining [...]
Canadian Metals is pleased to announce that it will hold an annual general and special meeting of shareholders on May 17, 2023. The record date for the shareholders entitled to vote at the Meeting has been set as shareholders of record as at the close of business on April 12, 2023. At the Meeting, the shareholders will be asked: to consider a special resolution to approve to continue the Corporation under the Canada [...]
Canadian Metals is pleased to announce that it has completed the second and final tranche of its previously announced non-brokered private placement of up to $2,500,000.00. The Second Tranche consisted in the issuance of 5,528,556 NFT Units. Private Placement The Private Placement comprises flow-through units in the capital of the Corporation at a price of $0.0316, and units of the Corporation also at a price of $0.0316 [...]
Canadian Metals is pleased to announce that it has closed a first tranche of $2,325,297.41 of a non-brokered private placement of up to $2,500,000.00, which was upsized from the previously announced maximum amount. The Private Placement comprises common shares in the capital of the Corporation issued on a "flow-through" basis at a price of $0.0316, and units of the Corporation also at a price of $0.0316 . Under the First [...]
Canadian Metals Inc. is pleased to announce that it intends to complete a non-brokered private placement for gross proceeds of up to $1,700,000 through the issuance of up to 53,797,468 flow-through units at a price of $0.0316 per FT Unit. Each FT Unit will be comprised of one common share in the capital of the Corporation issued on a "flow-through" basis and one common share purchase warrant . Each Warrant will entitle [...]
Canadian Metals Inc. announces the appointment of Mr. Beat Frei, as its Interim President and Chief Executive Officer, replacing Mr. Stephane Leblanc. Mr. Frei, who has been involved with the Corporation since 2020 as Vice President Development and Project Finance, has over 20 years experience as a Director with Credit Suisse, holding various positions in Domestic and International Finance, Export Financing and Structured [...]
Canadian Metals Inc. announces the resignation of Mr. Yves Rougerie as a director of the Corporation, effective August 19, 2022. The board of directors of the Corporation expresses its appreciation for Mr. Rougerie's contributions to the Corporation and wishes him the best with his future endeavours. The Corporation's management will seek the appointment of a new independent director to fill in the vacancy created by Mr [...]
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