Metalite Resources Inc. announces changes to its board of directors as part of its strategic pivot towards the uranium sector. Jeremy Goldman has resigned from the board of directors, effective January 8th, 2025, to make way for Bill van Breugel, whose extensive expertise in mineral exploration aligns with Metalite's strategic focus. The Company expresses its deep gratitude to Mr. Goldman for his valuable service and [...]
Metalite Resources Inc. is pleased to announce that further to the Metalite's press release dated November 27, 2024 that the proposed acquisition of a 100% interest in Lyra Mining Corp. , a private company with which Metalite signed a binding letter of intent will also include the Aerobus Lake Project . The Aerobus Lake Project, which was not previously owned by Lyra, will be vended into Lyra as part of the acquisition [...]
Metalite Resources Inc. is pleased to announce that it has entered into a binding letter of intent dated November 26, 2024 to acquire 100% interest in Lyra Mining Corp. , a private arm's length company incorporated in Ontario, which holds a key land position in the historic Elliot Lake Uranium Mining District in Ontario . Chris Hazelton, CEO of Metalite, commented: "We are excited to announce our proposed strategic debut [...]
Metalite Resources Inc. announces that Paul L. Jones and Mario Miranda have resigned from the board of directors of the Company and Jeff Berman and Jeremy Goldman have been appointed to the board of directors effective June 26, 2024. The Company thanks Mr. Jones and Mr. Miranda for their service to the Company and welcomes Mr. Berman and Mr. Goldman as new independent members of the board, who will also serve on the [...]
Metalite Resources Inc. is pleased to announce the appointment of Chris Hazelton as Chief Executive Officer and Director of the Company effective immediately. Mr. Hazelton is an experienced finance professional with more than 20 years of operational and advisory experience in various capacities and industries. Mr. Hazelton continuously offers his expertise to publicly listed and private companies in Canada and the United [...]
Metalite Resources Inc. is pleased to announce that Osprey Advanced Materials, a wholly-owned subsidiary of Cachee Gold Mines entered into contract mining agreement dated April 7, 2024 with Ferromin Inc. on Osprey's advanced stage critical metals project located in Flett and Angus townships, Ontario. David Melling, Interim CEO and Director of Metalite commented: "We are very pleased to announce this key milestone, as we [...]
Metalite Resources Inc. announces today that the Company's subsidiary, Next Generation Resources Inc. has filed an assignment under Section 49 of the Bankruptcy and Insolvency Act , effective February 12, 2024. In connection with the above, S. Funtig and Associates Inc. has been appointed as the bankruptcy trustee. A meeting of creditors will be held by teleconference on February 27, 2024 at 11.00am EST. The Company will [...]
Metalite Resources Inc. announces today it has changed its auditor from Crowe MacKay LLP., Chartered Professional Accountants to DNTW Toronto LLP, Chartered Professional Accountants effective January 12, 2024. The Former Auditor resigned on its own initiative as the auditor of the Company, and the board of directors appointed the Successor Auditor as the Company's auditor, until the next annual General Meeting of the [...]
Metalite Resources Inc. is pleased to announce that it has entered into an arm's length non-binding letter of intent with Cachee Gold Mines Corp. dated January 19, 2024 to acquire an interest in an advanced stage critical metals project located in Flett and Angus townships, Ontario . David Melling, Interim CEO and Director of Metalite commented: " We are very pleased to announce this keystone acquisition for Metalite [...]
Metalite Resources Inc. announces today that it has entered into settlement agreements with certain creditors of the Company to issue an aggregate amount of 10,431,813 common shares in the capital of the Company at a deemed issue price of $0.03 per Common Share and 331,800 Common Shares at a deemed issue price of $0.05 per Common Share to settle bona fide debts of the Company in the aggregate amount of $329,544.39 . As [...]
Metalite Resources Inc. announces today that further to its news release dated October 2, 2023 regarding the consolidation of its commons shares on the basis of ten pre consolidated shares into one post consolidated common share , the effective date for the Share Consolidation will be October 20, 2023 and the record date for the Share Consolidation will be October 23, 2023 Effective October 20, 2023, the Company will [...]
Metalite Resources Inc. announces today it will be seeking the Canadian Securities Exchange's approval to consolidate all of its issued and outstanding common shares on the basis of 10:1, with each ten pre-consolidated Common Shares being consolidated into one post-consolidated Common Share . In accordance with the Company's articles, shareholder approval will not be required for the proposed Share Consolidation. The [...]
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