Namibia Critical Metals Inc.

Namibia Critical Metals Inc. announced today, pursuant to the requirements of the TSX Venture Exchange, that its board of directors approved the granting of incentive stock options under its stock option plan as part of the overall remuneration and incentive program for its employees, officers and directors. A total of 1,825,000 Options were granted to newly appointed officers of the Company. As previously announced [...]

Japan Oil, Gas and Metals National Corporation elects to move to Term 2 of Lofdal JV Agreement with option to earn 40% interest in Lofdal Project JOGMEC approves initial provision for an additional $2,063,000 budget for further development and metallurgical work through to July 31, 2021 An updated 43-101 resource report expected in late April 2021 Namibia Critical Metals Inc. today announced that its JV Partner, Japan [...]

Namibia Critical Metals Inc. is pleased to provide an update on exploration activities on its 95% owned Grootfontein Project. The Grootfontein Project consists of two large Exclusive Prospecting Licences with a total area of 163,784 ha and covers ground prospective for orogenic gold, magmatic copper-nickel and carbonate-hosted lead-zinc-silver-copper-vanadium mineralisation. The company has launched multiple geophysical [...]

Namibia Critical Metals Inc. today announced it has closed the non-brokered private placement announced on March 5, 2021 and March 8, 2021 . A total of 2,650,000 units were issued at a price of $0.25 per unit. Each unit consists of one common share and one warrant. Each whole warrant is exercisable for one common share at a price of $0.35 until March 12, 2022. A maximum of 5,300,000 common shares of Namibia Critical [...]

Namibia Critical Metals Inc. announced that, as a result of investor interest, the Company is increasing the non-brokered private placement previously announced on March 3, 2021 from a maximum of Cdn$500,000 to a maximum of Cdn$662,500. The private placement is for units with each unit consisting of one common share and one warrant. Each whole warrant will be exercisable for one common share at a price of $0.35 for a [...]

Namibia Critical Metals Inc. today announced it intends to complete a non-brokered private placement in the amount of up to $500,000 consisting of units offered at a price of $0.25 per unit representing a 11% discount to the closing price of the common shares of the Company on March 1, 2021. Each unit will consist of one common share and one warrant. Each whole warrant will be exercisable for one common share at a price [...]

Namibia Critical Metals Inc. is pleased to provide an update with final drill results from the Area 2B satellite deposit on the Lofdal Heavy Rare Earth Project in northern Namibia . Lofdal is a joint venture between the Company and Japan Oil, Gas and Metals National Corporation which is operating under a Term 1 budget of CD$4,100,000 . Area 2B is the first satellite deposit at Lofdal which underwent resource drilling. It [...]

Namibia Critical Metals Inc. today announced that it has completed a second draw-down of $100,000 pursuant to a draw-down equity financing facility with Alumina Partners Ltd. , an affiliate of New York-based private equity firm Alumina Partners, LLC. entered into on August 24, 2020. The Alumina facility is structured to provide Namibia Critical Metals with timely access to private placement financing as and when required [...]

Namibia Critical Metals Inc. is pleased to provide an update with further drill results from the Area 2B satellite deposit on the Lofdal Heavy Rare Earth Project in northern Namibia . Lofdal is a joint venture between the Company and Japan Oil, Gas and Metals National Corporation which is operating under a Term 1 budget of CD$4,100,000 . Since the Company's previous update progress highlights are summarized as follows [...]

Namibia Critical Metals Inc. is pleased to provide an update on its gold exploration programs on the Grootfontein and Erongo projects which cover 1,950 km2 in the Central Namibian Gold Belt. Both projects underwent regional exploration with the objective of identifying orogenic gold deposits. Progress to date is reported as follows: Three gold targets defined at Grootfontein based on low detection limit gold anomalies, up [...]