Group Ten Metals Inc. is pleased to announce that it has closed its previously announced non-brokered private placements with the issuance of a total of 15,413,724 units for gross proceeds of $2,472,000, subject to the final approval of the TSX Venture Exchange. Both non-flow-through and flow-through financings were significantly oversubscribed. Per the placements, as completed, the Company will issue 7,414,666 [...]
Group Ten Metals Inc. is pleased to announce concurrent non-brokered private placements with projected total gross proceeds to the Company of up to $1,770,000 through the issuance of up to 11,000,000 units. As part of this financing, Group Ten will issue up to 5 million non-flow-through units at a price of 15 cents per unit for total gross proceeds of $750,000, where each non-flow-through unit will consist of one common [...]
Group Ten Metals Inc. is pleased to announce the successful completion of its 2019 field exploration campaign at the Company’s flagship Stillwater West platinum group element-nickel-copper project , adjacent to Sibanye-Stillwater’s high-grade PGE mines in Montana, USA. Field work at Stillwater West consisted primarily of the following for 2019: Drilling – Group Ten completed its inaugural diamond drill [...]
Group Ten Metals Inc. is pleased to provide the following update on its 2019 exploration activities, including ongoing drill testing at the Company’s flagship Stillwater West platinum group element-nickel-copper project which is directly adjacent to Sibanye-Stillwater’s high-grade PGE mines in the Stillwater Igneous Complex, Montana, USA. Figure 1 – Drilling in progress at the HGR target in the Iron [...]
Group Ten Metals Inc. announces that it has closed its previously announced non-brokered private placement with the issuance of a total of 17,500,140 units for gross proceeds of $2,450,019.60. Each Unit consists of one common share and one half-share purchase warrant . Each full Warrant entitles the holder to acquire one common share at $0.21 per share for 36 months following closing. The financing was significantly [...]
Group Ten Metals Inc. announced today that it has commenced drilling at the Company’s flagship Stillwater West platinum group element-nickel-copper Project adjacent to Sibanye-Stillwater’s high-grade PGE mines in the Stillwater Igneous Complex, Montana, USA. Figure 1 – Drilling in progress at the HGR target in the Iron Mountain area of the Stillwater West PGE-Ni-Cu Project on August 22, 2019 is available [...]
Group Ten Metals Inc. announces that it has closed the first tranche of its previously announced non-brokered private placement by issuing 10,715,850 units at a price of $0.14 per Unit for gross proceeds of $1,500,499. Each Unit consists of one common share and one half-share purchase warrant . Each full Warrant entitles the holder to acquire one common share at $0.21 per share for 36 months following closing. The net [...]
Group Ten Metals Inc. is pleased to announce a non-brokered private placement for aggregate gross proceeds of up to $2 million through the issuance of approximately 14 million units of the Company at a price of $0.14 per Unit. Red Cloud Klondike Strike Inc. is acting as a finder in connection with the Offering. Each Unit consists of one common share of the Company and one half-share purchase warrant . Each full warrant [...]
Group Ten Metals Inc. is pleased to announce that it has signed a definitive earn-in agreement with Mount Cairnes Resources Corp. under which Mount Cairnes may acquire a 51% interest in Group Ten’s 93-square-kilometer Ultra PGE-Ni-Cu property in Canada’s Yukon Territory by completion of the following requirements over a four-year period: Cash payments totaling $750,000 to Group Ten; Issuance of three million [...]
Group Ten Metals Inc. is pleased to announce exploration plans for the 2019 season at the Company’s flagship Stillwater West PGE-Ni-Cu project in Montana, USA, including planned drilling at the three most advanced target areas where the Company sees potential to rapidly expand known mineralized zones towards resource delineation. In addition, recently completed advanced 3D modeling of geophysical data highlights the [...]
Group Ten Metals Inc. announces results from the Crescent and Cathedral target areas on the east side of the Stillwater West PGE-Ni-Cu Project, adjacent to Sibanye-Stillwater’s high-grade Platinum Group Element mines in Montana, USA. This is the fifth news release to report results of 2018 exploration programs and on-going data synthesis and modeling work at the Company’s flagship project. Highlights include [...]
Group Ten Metals Inc. announces results from the Iron Mountain target area on the east side of the Stillwater West PGE-Ni-Cu Project, adjacent to Sibanye-Stillwater’s high-grade Platinum Group Element mines in Montana, USA. This is the fourth in a series of planned news releases to report results of 2018 exploration programs and on-going data synthesis and modeling work at the Company’s flagship project [...]