Battery Mineral Resources Corp. announced today that Lazaros Nikeas, current Executive Chairman, has been appointed as Non-Executive Chairman and Chief Executive Officer of the Company and Martin Kostuik has departed the positions of Chief Executive Officer and director of the Company. BMR would like to thank Mr. Kostuik for this dedication and years of service with the Company. Martin Kostuik, stated, "Reflecting on the [...]
Battery Mineral Resources Corp. is pleased to announce that the Company has received the final C$450,000 cash payment in connection with the closing of the previously announced royalty sale to Electric Royalties Ltd. , whereby Minera BMR SpA, the Company's wholly-owned Chilean subsidiary, has granted a 0.75% Gross Revenue Royalty on its producing Punitaqui copper mine in Chile in exchange for total cash consideration of [...]
Battery Mineral Resources Corp. is pleased to announce encouraging drill core assay results from the new 2024 underground exploration and in-fill drill program at the Punitaqui mine complex in Chile. Highlights Assay results from drillholes SAM-24-06, 07, 08, 09,10, 11 and 12 have returned with encouraging results as follows: SAM-24-06: 2.9 meters at 0.92% total copper and 27.3 g/t grams per tonne silver and 1.8m at 2.76 [...]
Battery Mineral Resources Corp. is pleased to announce the continued production and shipment of copper concentrates produced at its mineral processing facility at Punitaqui, Chile. The Company supplied a total of 2,755 dry metric tonnes of copper concentrates in the months of September, October and November 2024. 1,131 DMT were delivered to Anglo American Sur S.A.'s Chagres smelter in Catemu, Chile and are related to the [...]
Battery Mineral Resources Corp. is pleased to announce that the Company has received a C$3,050,000 cash payment in connection with the closing of the previously announced royalty sale to Electric Royalties Ltd. , whereby Minera BMR SpA, the Company's wholly-owned Chilean subsidiary, has granted a 0.75% Gross Revenue Royalty on its producing Punitaqui copper mine in Chile in exchange for total cash consideration of [...]
Definitive Agreement Signed with Electric Royalties, Raising C$3.5 Million in Financing via Sale of Non-Dilutive Royalty on Its Punitaqui Copper Mine in Chile; Commitments Obtained from Additional Investors for up to an Incremental C$3.5 Million in Royalty Financing Battery Mineral Resources Corp. is pleased to announce that the Company has entered into a definitive agreement with Electric Royalties Ltd. , to sell a 0.75 [...]
Battery Mineral Resources Corp. is pleased to announce the closing of a private placement of unsecured convertible debentures for total gross proceeds of US$200,000 . The proceeds from the Debentures will be applied towards the operations at the Company's Punitaqui copper project in Chile. Debenture Offering The Debentures will mature on September 30, 2026 and will bear interest at 10% per annum, compounding annually on [...]
Battery Mineral Resources Corp. is pleased to announce that, on September 25, 2024, the Company was advanced a loan in the amount of US$567,000.00 by Lazaros Nikeas , a director of the Company; and on October 9, 2024, Minera BMR Spa , was advanced a loan in the amount of US$2,500,000.00 by Weston Energy III, LLC , an investment entity controlled by Yorktown Partners LLC . Max Satel, Battery's CFO stated, "These additional [...]
Battery Mineral Resources Corp. is pleased to announce encouraging drill core assay results from the new 2024 underground exploration and in-fill drill program in the Cinabrio mine at the Punitaqui mine complex in Chile. Highlights Assay results from drillholes have returned with encouraging results as follows: Drillhole CM-24-04: 6.9 meters at 0.65% total copper and 2.1g/t grams per tonne silver. Drillhole CM-24-06: 3.9m [...]
Battery Mineral Resources Corp. is pleased to announce encouraging drill core assay results from the new 2024 underground exploration and in-fill drill program at the Punitaqui mine complex in Chile. Highlights Assay results from drillholes have returned with encouraging results as follows: Drillhole CM-24-11: 18.3 meters grading 2.6 percent copper total and 11 grams per tonne silver including 14.9m at 3.1% CuT & 13g/t Ag [...]
Battery Mineral Resources Corp. is pleased to announce the third shipment of copper concentrates produced at its mineral processing facility at Punitaqui, Chile. The Company supplied 1,198 dry metric tonnes of copper concentrates in the month of August. 351 DMT were delivered to Anglo's Chagres smelter in Catemu, Chile and are related to the Offtake Agreement with Anglo American Sur S.A. , a division of Anglo-American [...]
Proceeds to Be Applied Towards the Operations at Punitaqui Project, Chile Battery Mineral Resources Corp. is pleased to announce that, on June 26, 2024, the Company was advanced a loan in the amount of US$750,000 by Weston Energy II LLC , a portfolio company operated by Yorktown Partners LLC and an existing shareholder of the Company. The Loan matures on September 24, 2024 and accrues interest at a rate per annum equal to [...]
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