Cornish Metals Inc. is pleased to announce that it has released its annual financial statements and management, discussion and analysis for the year ending 31 January, 2021. The reports are available under the Company's profile on SEDAR and on the Company's website and have been posted to shareholders today. Highlights for the year ended January 31, 2021 and for the period ending May 13, 2021 Gross proceeds of $2,352,500 [...]
, is pleased to report that it has commenced diamond drilling at its United Downs copper-tin project in Cornwall UK. As stated previously, the objective of the drilling programme is to follow-up the high-grade copper-tin mineralisation in drill hole GWDD-002 that intersected 14.69 metres at 8.45% copper and 1.19% tin . The drilling programme has been contracted to Priority Drilling Ltd., under the supervision of Cornish [...]
Cornish Metals Inc. is pleased to announce it will commence an exploration drilling programme at its United Downs project in Cornwall UK, on April 6, 2021, after receiving confirmation of its permitted development rights. The aim of the drill programme is to follow-up on the discovery of high-grade copper-tin mineralisation in drill hole GWDD-002 that recorded 14.69 metres at 8.45% copper and 1.19% tin , as first reported [...]
Cornish Metals Inc. is pleased to announce it will commence an exploration drilling programme at its United Downs project in Cornwall UK, on April 6, 2021, after receiving confirmation of its permitted development rights. The aim of the drill programme is to follow-up on the discovery of high-grade copper-tin mineralisation in drill hole GWDD-002 that recorded 14.69 metres at 8.45% copper and 1.19% tin , as first reported [...]
Cornish Metals Inc. is pleased to announce the following: An agreement has been reached with Brownfield Investments Ltd and Roskear Minerals LLP to lease a 1.2 hectare site surrounding New Roskear Shaft in Camborne for up to 23 years; An agreement has also been reached to lease the mineral rights owned by Roskear Minerals LLP within the South Crofty Underground Permission Area for up to 25 years; and A binding heads of [...]
Cornish Metals Inc. is pleased to announce the following: An agreement has been reached with Brownfield Investments Ltd and Roskear Minerals LLP to lease a 1.2 hectare site surrounding New Roskear Shaft in Camborne for up to 23 years; An agreement has also been reached to lease the mineral rights owned by Roskear Minerals LLP within the South Crofty Underground Permission Area for up to 25 years; and A binding heads of [...]
Cornish Metals Inc. is pleased to announce the closing of the Company's previously announced agreement in principle with Osisko Gold Royalties whereby Osisko has converted its C$7.17 million senior secured convertible note dated January 26, 2018 into: a 1.5% Net Smelter Return royalty with respect to the South Crofty tin project, and; a 0.5% NSR royalty on other mineral rights held by the Company in Cornwall . In [...]
Cornish Metals Inc. is pleased to announce the following: Admission of its Common Shares to trading on the AIM Market of the London Stock Exchange; Dealings will commence at 08:00am GMT today, Tuesday, 16 February 2021, under the ticker "CUSN". The Company's Common Shares will continue to be listed and traded on the TSXV; Closing of the oversubscribed ?8.0 million placing of Common Shares with institutional and other [...]
Cornish Metals Inc. is pleased to announce that, further to its announcement on February 5, 2021, the Company has received conditional approval from the TSX Venture Exchange for the proposed placing and subscription of its common shares with new and existing investors raising proceeds in an aggregate amount of ?8.2 million. The Fundraising remains subject to, among other things, admission to trading of its Common Shares [...]
Cornish Metals Inc. is pleased to announce that, further to its announcement on January 13, 2021, the Company has conditionally raised ?8.0 million through a placing and subscription of common shares with new and existing investors, and an additional investment of approximately ?206,000 through an offer to high net worth investors by Minexia Limited, representing an aggregate ?8.2 million. Completion of the Placing and [...]
Cornish Metals Inc. is pleased to announce that Barkerville Gold Mines , a wholly owned subsidiary of Osisko Development Corp. , has exercised 9,577,143 previously issued common share purchase warrants for gross proceeds of $670,400 to the Company. Such warrants were issued pursuant to the Company's private placement financing completed on February 3, 2020. As a result of the exercise, Barkerville now owns 53,833,333 [...]
Cornish Metals Inc. is pleased to announce that, subject to certain conditions, one being a successful listing on London’s AIM exchange , it has reached an agreement with Osisko Gold Royalties Ltd. to convert the outstanding amount of C$7.17 million under the 2018 note financing into a royalty. Upon listing on AIM the Note will convert into a 1.5% Net Smelter Return royalty on the South Crofty Tin Project and a 0.5% NSR [...]
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