Metalite Resources is pleased to announce that the Government of New South Wales, Australia, has approved the renewal of Exploration Licence EL 9144, held by its wholly owned Australian subsidiary, Great Southern Precious Metals Pty Ltd. The licence has been renewed over the full 14-unit area for a further term of two years, effective from July 25, 2025 to April 30, 2027. This renewal ensures continued access to a [...]
Metalite Resources has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every ten pre-consolidated common shares. As a result, the number of outstanding shares will be reduced to approximately 3,103,510 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on July 29, 2025 [...]
Metalite Resources announces the consolidation of the outstanding common shares in the capital of the Company on the basis of one post-consolidation Common Share for every ten pre-consolidation Common Shares as at July 25, 2025. It is anticipated that the Common Shares will begin trading on a consolidated basis at market opening on July 30, 2025. The new CUSIP of the Common Shares will be 591236302 and the new ISIN will [...]
Metalite Resources is pleased to announce that its Board of Directors has appointed Mr. Kyle Appleby as Chief Financial Officer effective June 11, 2025. "We are pleased to welcome Mr. Appleby to the team," said Chris Hazelton, CEO of Metalite. "He is a highly experienced CFO with more than two decades of expertise in finance, accounting, auditing, and regulatory compliance. His leadership will be a valuable asset to the [...]
Metalite Resources is pleased to announce that it has completed the previously announced shares for debt transactions to settle an aggregate of $126,490.69 of indebtedness owing to three arm's length consultants. Pursuant to the shares for debt settlements a total of 5,749,576 common shares in the capital of Metalite were issued at a deemed price of $0.022 per share. The Settlement Shares were issued subject to prospectus [...]
Metalite Resources is pleased to announce that the Company has arranged shares for debt transactions to settle an aggregate of $126,490.69 of indebtedness owing to three arm's length consultants. Pursuant to the shares for debt settlements a total of 5,749,576 common shares will be issued at a deemed price of $0.022 per share. The Settlement Shares will be issued subject to prospectus exemptions available pursuant to [...]
Metalite Resources announces changes to its board of directors as part of its strategic pivot towards the uranium sector. Jeremy Goldman has resigned from the board of directors, effective January 8th, 2025, to make way for Bill van Breugel, whose extensive expertise in mineral exploration aligns with Metalite's strategic focus. The Company expresses its deep gratitude to Mr. Goldman for his valuable service and [...]
Metalite Resources Inc. is pleased to announce that further to the Metalite's press release dated November 27, 2024 that the proposed acquisition of a 100% interest in Lyra Mining Corp. , a private company with which Metalite signed a binding letter of intent will also include the Aerobus Lake Project . The Aerobus Lake Project, which was not previously owned by Lyra, will be vended into Lyra as part of the acquisition [...]
Metalite Resources Inc. is pleased to announce that it has entered into a binding letter of intent dated November 26, 2024 to acquire 100% interest in Lyra Mining Corp. , a private arm's length company incorporated in Ontario, which holds a key land position in the historic Elliot Lake Uranium Mining District in Ontario . Chris Hazelton, CEO of Metalite, commented: "We are excited to announce our proposed strategic debut [...]
Metalite Resources Inc. announces that Paul L. Jones and Mario Miranda have resigned from the board of directors of the Company and Jeff Berman and Jeremy Goldman have been appointed to the board of directors effective June 26, 2024. The Company thanks Mr. Jones and Mr. Miranda for their service to the Company and welcomes Mr. Berman and Mr. Goldman as new independent members of the board, who will also serve on the [...]
Metalite Resources Inc. is pleased to announce the appointment of Chris Hazelton as Chief Executive Officer and Director of the Company effective immediately. Mr. Hazelton is an experienced finance professional with more than 20 years of operational and advisory experience in various capacities and industries. Mr. Hazelton continuously offers his expertise to publicly listed and private companies in Canada and the United [...]
Metalite Resources Inc. is pleased to announce that Osprey Advanced Materials, a wholly-owned subsidiary of Cachee Gold Mines entered into contract mining agreement dated April 7, 2024 with Ferromin Inc. on Osprey's advanced stage critical metals project located in Flett and Angus townships, Ontario. David Melling, Interim CEO and Director of Metalite commented: "We are very pleased to announce this key milestone, as we [...]