Lomiko Metals arranges $750,000 in financings

Jun 22, 2016

LOMIKO METALS INC. ANNOUNCES PRIVATE PLACEMENTS Lomiko Metals Inc. has arranged a private placement to offer up to 10 million flow-through units of the company at a price of five cents per FT unit. Each FT unit shall consist of one flow-through common share and one share purchase warrant exercisable for 36 months at 7.5 cents. In addition, the company will offer 6.25 million units of the company at a price of four cents per unit, each unit shall consist of one common share of the company and...

read more

Sego to issue 7.85M shares for debt; grants options

Jun 21, 2016

SEGO RESOURCES INC. – SHARES FOR DEBT AND STOCK OPTIONS Sego Resources Inc. is proposing to issue shares for debt to certain non-arm’s-length individuals and has granted stock options. Shares for debt Sego proposes to issue 7,857,500 common shares at a price of five cents per share to settle debts totalling $392,875. Management of Sego is owed the following amounts: J. Paul Stevenson is owed from November, 2013, to May 31, 2016, management fees of $3,000 per month totalling...

read more

Avarone Metals begins drilling at Moab

Jun 21, 2016

AVARONE COMMENCES SHORT HOLE DRILLING AT ITS MOAB LITHIUM PROJECT Avarone Metals Inc. is currently executing phase two of its exploration program at its 100-per-cent-owned Moab lithium project in the South Big Smoky Valley, Nevada. The company has commenced drilling and plans on completing up to 16 holes utilizing a Vibracore drill and a Shaw diamond drill with large-diameter NQ rods (47.6-millimetre core diameter) as well as AQ rods (27 mm core diameter) for superior sample recovery to depths,...

read more

Evolving Gold buys Lithium Lakes for $40K, 300K shares

Jun 16, 2016

EVOLVING GOLD ACQUIRES 56 KM2 LITHIUM LAKES PROJECT NEAR NEMASKA LITHIUM’S WHABOUCHI DEPOSIT Evolving Gold Corp. has executed a purchase and sale agreement with an arm’s-length party to acquire 105 mineral claims in four blocks in Quebec. The Lithium Lakes Property is located about 10 kilometres (“km”) north of the “Route du Nord” and between 8 and 30 km from Nemaska Lithium’s Whabouchi Project. The Lithium Lakes main claim block extends 15 km in a...

read more

Avarone Metals samples up to 70 ppm Li at Moab

Jun 9, 2016

SURFACE LAYER OF MOAB PROJECT TESTS POSITIVE FOR LITHIUM Avarone Metals Inc. has received chemical assay results from its phase one surface sampling program on its 100-per-cent-owned Moab lithium project in the South Big Smoky Valley, Nevada. The sampling was carried out in April, 2016, to investigate lithium concentrations in the uppermost 1.5 metres of the playa and a total of 20 bulk samples were analyzed. The results of this sampling program not only confirmed the presence of lithium in...

read more