EML previously issued 5,319,149 Units to Quail Bend for gross proceeds of $1,250,000. EML has entered into subscription agreements for the purchase and sale of an additional 15,957,447 units for additional proceeds of $3,750,000, subject to, among other things, shareholder and TSX Venture Exchange approval. Electric Metals Ltd. , further to its press releases of May 16, 2023 and June 19, 2023, is pleased to announce it [...]
Electric Metals is pleased to announce that it has elected to accelerate the expiry date of the common share purchase warrants issued on January 5, 2023 pursuant to the warrant indenture between the Company and TSX Trust Companyand dated January 5, 2023, a copy of which is available under EML's profile on www.sedarplus.ca. The Warrants were issued in connection with a brokered private placement financing of 21,212,000 [...]
Drilling highlights from the most recent drill core assays1: 33.9 m of 17.93% Mn from 58.2m including 5.39m of 42.5% Mn from 62.9m 30.1 m of 18.2% Mn from 106.1m including 3.05m of 48.6% Mn from 109.12m 13.0 m of 18.9% Mn from 119.6m 30.5 m These holes extend previously drilled manganese along-trend and at depth. Electric Metals Limited is pleased to announce recent assay results of the current drill program at the [...]
EML's Technical Advisory Board comprises internationally recognized technical experts who each bring a depth of experience, leadership and specific expertise to project development. The team has a diverse knowledge-base encompassing resource growth, mine construction, metallurgical process design and chemical engineering to guide the Company through mineral explorer/developer to manganese chemical producer. Electric [...]
Drilling highlights from the first two diamond drill holes include2: 32.1 metres of 17.67% Mn from 106m including 4.3m of 44.47% Mn from 110.6m 34.9 metres of 21.19% Mn from 59.9m including 6.1m of 43.42% Mn from 66.0m 13 of the intercepts assayed above 40% Mn . Electric Metals Limited is pleased to announce first assay results of the inaugural drill program at the high-grade Emily Manganese Project , Minnesota, USA. The [...]
Nevada Silver Corp. , further to its press release of 8th May 2023, is pleased to announce that the effective date of its change of name to "Electric Metals Limited" will be 16th May 2023 . On that date, the Company will begin trading at the open on the TSX Venture Exchange under its new name and ticker symbol "EML". On the Effective Date, the new ISIN number for the Company will be CA28489D1024 and the new CUSIP number [...]
Elected as directors Mr. Oliver Lennox-King, Ms. Megan McElwain, Mr. John Kutkevicius, Dr. Henry Sandri and Mr. Gary Lewis; Reappointed Baker Tilly WM LLP, Chartered Accountants, as the Company's auditors; Approved the continued use of the Company's stock option plan in accordance with TSX Venture Exchange policies; Approved an amendment to the articles of the Company to add a provision permitting the directors to appoint [...]
Completes acquisition of all outstanding shares of North Star Manganese Inc via share exchange with minority NSM shareholders. Increases NSC shareholder exposure to 100% of the high-grade Emily Manganese Project in Minnesota, USA. Drilling progresses on schedule at the Emily Manganese Project with seven diamond core drill holes now completed and additional samples submitted for analyses. Assays from the initial three [...]
Three diamond core drill holes have been completed and samples submitted for analyses as drilling progresses on schedule. Drill holes have all intersected high-grade manganese mineralization close to anticipated depths. Metallurgical and battery test work will resume when the majority of planned drill holes in the eastern portion of the deposit are completed. Barr Engineering will undertake environmental studies on [...]
Signs lease and purchase option agreements covering two strategic blocks of land joining the Company's existing holdings. First company to consolidate land into one contiguous block covering much of the manganese-iron deposition previously drilled by US Steel and Pickands Mather. NSC to review drill program now underway to include additional holes to cover high-grade historical intercepts on this newly acquired ground [...]
Nevada Silver Corp. a US-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy, is pleased to announce that the Company's Minnesota subsidiary, North Star Manganese Inc has received all necessary approvals and has commenced drilling at its Emily Manganese Project , Minnesota, USA. The Emily Project is located in the Cuyuna Iron Range of central Minnesota [...]
Nevada Silver Corp. , is pleased to announce that Mr. Oliver Lennox-King has been appointed to the NSC board as Non-Executive Chairman, with immediate effect, replacing Mr. John Kutkevicius who has held the position in an interim capacity since the summer of 2022. Mr. Lennox-King has had a long and distinguished career in the mineral resource industry and has a wide range of experience in financing, research, and [...]