Clean Air Metals Inc. is pleased to announce new assay results from the 2022 drill campaign from the Escape PGE-Cu-Ni Deposit at the Company's Thunder Bay North Project near Thunder Bay, Ontario. New assays from the Escape Deposit Steepledge extension includes: Hole ELR22-115 which intersected 15.0m grading 1.73g/t Platinum, 1.92g/t Palladium, 0.70% Copper and 0.30% Nickel from 237.5m-252.5m downhole including 2.8m [...]
Clean Air Metals Inc. is pleased to announce the appointment of Mr. Kris Tuuttila as Director of Sustainability, Permitting and Community Relations for the Company. In addition, Dr. Geoff Heggie has been promoted to VP-Exploration for the Company. The Company has also initiated a search for a Chief Operating Officer who will lead the technical studies to advance the Thunder Bay North project towards execution. Immediate [...]
Clean Air Metals Inc. is pleased to announce that it has closed the previously announced best efforts private placement for total proceeds of approximately $12.5 million, consisting of 23,150,400 flow-through units, of which 10,869,600 were issued at a price of $0.23 per FT Unit and 12,280,800 at a price of $0.285, and 32,250,000 non-flow-through units at a price of $0.20 per Unit . In connection with the Offering [...]
Clean Air Metals Inc. is pleased to report that in connection with its previously announced "best efforts" private placement offering, the Company and a syndicate of agents led by Paradigm Capital, and including Beacon Securities, Echelon Wealth Partners, and Hannam & Partners, have agreed to increase the size of the offering to total gross proceeds of $12.5 million. The Company will now issue 23,150,400 flow-through [...]
Clean Air Metals Inc. is pleased to announce that it has entered into an agreement with Paradigm Capital on behalf of a syndicate of agents, in connection with a "best efforts" private placement financing for gross proceeds of up to $9 million, consisting of up to 17,887,200 flow-through units of the Clean Air Metals, of which 10,869,600 will be issued at a price of $0.23 per FT Unit and 7,017,600 of which will be issued [...]
Clean Air Metals Inc. is pleased to announce the conclusion of a comprehensive review of Environmental, Social and Governance factors related to its mining exploration and development operations at its Thunder Bay North Project, Ontario, Canada. The ESG report was prepared from data provided by Clean Air Metals to Onyen Corporation, using Onyen's innovative software solution and on-line ESG Platform. The report, titled [...]
Clean Air Metals Inc. is pleased to announce that, further to its news release dated December 1, 2021, the Company has filed a technical report detailing the Preliminary Economic Assessment of the Thunder Bay North Project near Thunder Bay. The technical report was independently prepared for Clean Air Metals by Nordmin Engineering Ltd. The report, titled "NI 43-101 ONTARIO" has been filed on the Company's profile on SEDAR [...]
Clean Air Metals Inc. is pleased to announce new assay results from the 2021 drill campaign from the Escape and Current PGE-Cu-Ni Deposits at the Company's Thunder Bay North Project near Thunder Bay. Drilling operations are set to resume on January 6, 2022. New assays from the Escape South High Grade Zone includes: Hole ELR21-083A which intersected 46.0m grading 19.6 g/t PtEq1 composed of 3.03g/t Platinum , 3.94g/t [...]
Clean Air Metals Inc. announces that it has filed its condensed consolidated interim financial statements and management's discussion and analysis for the nine-month period ended October 31, 2021, available for viewing on www.sedar.com. Q3 Financial Highlights Total assets as at October 31, 2021 of $36,713,683 Total cash as at October 31, 2021 of $4,597,966 Working capital as at October 31, 2021 of $1,909,343 [...]
Clean Air Metals Inc. is pleased to announce results from an independent Preliminary Economic Assessment that was completed for its Thunder Bay North Platinum Group Element - Copper - Nickel Project near Thunder Bay, Ontario, Canada. The PEA was prepared by Nordmin Engineering Ltd. of Thunder Bay, Ontario, and includes a new stand-alone milling complex and waste storage facility with mill feed from both the Current [...]
Clean Air Metals Inc. is pleased to announce that, further to its press release dated October 12, 2021, it has made the final payment of CAD $1 Million, for and on behalf of Benton Resources Inc. , directly to Rio Tinto Exploration Canada Inc. , pursuant to the terms of the definitive option agreement entered into by the Company and Benton in order to satisfy a payment requirement of Benton under its pre-existing option [...]
Clean Air Metals Inc. is pleased to announce the appointment of Shannin Metatawabin to its Board of Directors effective immediately. Mr. Metatawabin is currently the CEO of the National Aboriginal Capital Corporations Association which is an umbrella organization for a network of 59 Aboriginal Financial Institutions across Canada. Over the last 30 years the AFI network has provided nearly $3 billion to support economic [...]