Delrey Metals Corp. is pleased to announce it has entered into and closed a share purchase agreement dated December 12, 2018 with WEM Western Energy Metals Ltd., a private arm's length corporation, to acquire all the issued and outstanding share capital of WEM. Pursuant to the terms of the Share Purchase Agreement, the Company issued 4,250,000 common shares of the Company (each, a "Share"). All securities issued pursuant [...]
Delrey Metals Corp. is pleased to announce it has entered into and closed a share exchange agreement dated December 6, 2018 with BC Vanadium Corp. to acquire all the issued and outstanding share capital of BCVC. Pursuant to the terms of the Share Exchange Agreement, the Company issued 5,500,000 common shares of the Company and repaid debt of $10,000 owed to a creditor of BCVC. All securities issued pursuant to the Share [...]
Delrey Metals Corp. announces that, effective November 23, 2018, its board of directors has appointed Alastair Brownlow as the Company's new Chief Financial Officer. Mr. Brownlow succeeds Ming Jang who has resigned from his positions as director and Chief Financial Officer of the Company. The Company wishes to thank Mr. Jang for his service and contributions as the former CFO and as a director of the Company.
Delrey Metals Corp. is pleased to announce that it has successfully completed its initial public offering of 7,500,000 common shares in the capital of the Company at a price of $0.20 per Share for total gross proceeds of $1,500,000. Leede Jones Gable Inc. acted as agent for the IPO. The Company paid the Agent, and members of its selling syndicate, a cash commission of $135,000 and granted an aggregate of 675,000 agent's [...]
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