The Corporation's Board of Directors has approved a Private Placement allowing it to complete a non-brokered private placement of up to 38,461,538 Units at a price of $0.065 per Unit for gross proceeds of $2,500,000.00 . Each unit consists of one Common share and a half purchase Warrant. Each warrant entitles the bearer to purchase one Common Share of the company at an exercise price of C$.10 per share for a period of 18 [...]
DNI Metals is pleased to announce the following: A tax treaty has been signed between Canada and Madagascar, see details below. Royalties for mining assets in Madagascar are as follows: a) 2 percent of gross exports of raw commodities b) 1 percent if minerals are processed locally before export DNI has started the process of forming a Mauritian company, in which ownership of DNI Metals Madagascar SARL, will be [...]
DNI Metals is pleased to announce the following: The Definitive Agreement "DA" was finalized and signed on Friday March 24, 2017 with Cougar Metals in which Cougar can earn into 50% of DNI's Madagascar Graphite Project. Cougar has completed a financing in which it has sufficient funds to complete the earn-in. NI 43-101 Resource Report must be completed by June 30, 2017 NI 43-101 PEA (Preliminary Economic [...]
DNI Metals has a commercial Mining Permit over its Vohitsara graphite project in Madagascar. Originally an artisanal mining permit at the time of the transaction, the Mining permit was granted by the Madagascar Minister for Mines through the national mining cadastre office. The BCMM is the government agency responsible for administrative oversight of all mining tenements in Madagascar. The obtaining of a c...
DNI Metals will deliver 2,320 metric tonnes of graphite to a customer's facility in the United States. Monthly Shipments will commence in July and completed by December 2017. About DNI Metals Certain, advisors and directors of DNI have built and worked at historical hard rock graphite mines in Canada and Australia. Between them, they have built three processing plants and designed two others, all which were shut down in [...]
TORONTO, ON / ACCESSWIRE / March 1, 2017 / DNI Metals Inc. (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company") On February 23, 2017, DNI travelled with one of its graphite wholesale clients to Brazil DNI is purchasing graphite from a producer in Brazil. Purpose was to finalize the graphite shipment schedule for 2017 and inspect the mine and processing plant. The mine is the largest graphite mine in the [...]
Toronto, Ontario--(Newsfile Corp. - March 1, 2017) - DNI Metals Inc. (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company") On February 23, 2017, DNI travelled with one of its graphite wholesale clients to Brazil DNI is purchasing graphite from a producer in Brazil. Purpose was to finalize the graphite shipment schedule for 2017 and inspect the mine and processing plant. The mine is the largest graphite mine [...]
Toronto, Ontario--(Newsfile Corp. - February 9, 2017) - DNI Metals Inc. (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company") is pleased to announce: Drilling rig dispatched from Brazil and will arrival in Madagascar within the next 21 days. Drilling to commence in March. The project is permitted for production. Local communities engaged and supportive of exploration and potential mining activities [...]
Toronto, Ontario--(Newsfile Corp. - January 26, 2017) - DNI Metals Inc. (CSE: DNI) ("DNI" or the "Company"): Certain, advisors and directors of DNI have built and worked at historical mines in Canada (Ontario and Quebec) and Australia. They built three graphite processing plants and designed two others, all which were shut down in the 1990's due to increased Chinese competition. It was our team's understanding of the high [...]
TORONTO, ON / ACCESSWIRE / December 23, 2016 / DNI Metals Inc. (CSE: DNI) ("DNI" or the "Company") completes a Letter Of Intent "LOI", with BullRun Capital, whereas BullRun plans to purchase DNI's, Alberta Mining project known as the SBH or Buckton project. BullRun Capital plans to complete an IPO or RTO into a public company "Pubco" with DNI's SBH project and other projects. Terms of the Deal 1. $150,000 cash paid to [...]
Toronto, Ontario--(Newsfile Corp. - December 23, 2016) - DNI Metals Inc. (DNI: CSE) ("DNI" or the "Company") completes a Letter Of Intent "LOI", with BullRun Capital, whereas BullRun plans to purchase DNI's, Alberta Mining project known as the SBH or Buckton project. BullRun Capital plans to complete an IPO or RTO into a public company "Pubco" with DNI's SBH project and other projects. Terms of the Deal 1. $150,000 cash [...]
Toronto, Ontario--(Newsfile Corp. - December 16, 2016) - DNI Metals Inc. (DNI : CSE) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company"). The following clarification and retraction has been requested by IIROC. DNI has not completed a NI-43-101 resource or PEA for its Madagascar Graphite project, known as the Vohitsara project. DNI plans to complete these documents in 2017, as per the agreement with Cougar Metals. DNI [...]
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