Toronto, Ontario--(Newsfile Corp. - January 29, 2016) - DNI Metals Inc. (CSE: DNI) ("DNI" or the "Company") announces that, further to its news release dated January 29, 2016, the Company has closed, subject to final Regulatory approval, the first tranche (the "First Tranche") of its non-brokered private placement financing (the "Private Placement"). The First Tranche comprises 2,000,000 units of the Company (the "Units [...]
TORONTO, ON / ACCESSWIRE / January 29, 2016 / DNI Metals Inc. (CSE: DNI) (FSE: DG7N) The Corporation's Board of Directors has approved a Private Placement allowing it to complete a non-brokered private placement of up to 10,000,000 Units at a price of $0.05 per Unit for gross proceeds of $500,000.00 (the "Private Placement"). Subject to regulatory approval. Each unit consists of one Common share and one purchase Warrant [...]
DNI Metals will acquire 100% of the shares of CR Capital Corp., a publicly listed company, and 100% of a privately owned Canadian company. Both companies are currently operating in the mineral exploration business. Under terms of the LOI, shareholders of CR will receive two (2) common shares of DNI for every one (1) share of CR they currently own for a total of 16,654,674 common shares of DNI; and the shareholders of the [...]
DNI Metals announces that it has received approval to list its common shares on the Canadian Stock Exchange, and intends to voluntarily delist its common shares from the TSX Venture Exchange with trading anticipated to commence on the CSE on Thursday, December 24th 2015, under the symbol "DNI". The Symbol, Transfer Agent and CUSIP will remain the same. The Company expects the transition will be completed in a seamless [...]
DNI Metals Inc. (DNI : TSX-Ven) (DG7N : Frankfurt) TORONTO, Nov. 24, 2015 /CNW/ - The Corporation's Board of Directors has approved a Private Placement allowing it to complete a brokered private placement, led by D&D Securities Inc., of up to $3 million in Convertible Debentures. The terms for the placement are as follows: Each Debenture is defined as a Principal Amount of $1,000 Five year term 12 % coupon per annum [...]
(DNI : TSX-Ven) (DG7 : Frankfurt) TORONTO, Oct. 20, 2015 /CNW/ - DNI Metals Inc. 'DNI' (DNI-V) is pleased to announce that it has completed the Due Diligence process to purchase an established Laboratory and Technology Facility, located in the Greater Toronto Area, as outlined in the non-binding Letter of Intent, stated in the Press Release of Aug. 25, 2015 [...]
(DNI : TSX-V)(DG7N : Frankfurt) TORONTO, Oct. 7, 2015 /CNW/ - Further to DNI's press release dated October 7, 2015, IIROC has requested clarification of some of the information. DNI would like to retract the following: 1. DNI retracts the use of the terms "super Jumbo" and "world-class" in reference to the flake size of the graphite subject to testing on the Company's Madagascar Property. 2. DNI would like to [...]
DNI Metals Inc. (DNI : TSX-V)(DG7N : Frankfurt) TORONTO, Oct. 7, 2015 /CNW/ - Further to DNI Metals Inc. ("DNI") Press release dated September 24, 2015 < http://www.newswire.ca/news-releases/dni-metals-inc-700-meters-strike-length---ranging-from-3-13-from-4-trenches-529113871.html > which reported strong graphitic carbon head-grade results (3% to 13.14% Cgr) from 4 trenches covering a strike length of 700 metres [...]
TSX Venture Exchange Symbol: DNI TORONTO, Sept. 24, 2015 /CNW/ - DNI Metals Inc., 'DNI', has received its final assay (head grade) results from its initial Phase 1 development program over its 100%-owned Vohitsara graphite project in Madagascar. This phase was comprised of ground (i.e. EM & magnetic) geophysics over and close to the historical French mine workings, and the excavation of several trenches over selected [...]
TSX Venture Exchange Symbol: DNI TORONTO, Sept. 11, 2015 /CNW/ - DNI Metals Inc., 'DNI', is pleased to announce that it has received initial assay results from two (2) of the trenches that were completed during the initial field campaign at its fully permitted 'Vohitsara' Graphite project in Madagascar. On July 29, 2015, DNI announced that it had completed its initial Phase 1 development program over the Vohitsara [...]
DNI Metals Inc. (DNI : TSX-Ven)(DG7 : Frankfurt) TORONTO, Aug. 25, 2015 /CNW/ - Further to DNI's press release dated August 25, 2015, IIROC has requested clarification of this proposed non-binding transaction. The transaction is subject to definitive agreement, that will define the final terms of the acquisition. The Letter of Intent, 'LOI', did not contemplate issuing any shares to the vendors of the asset. Subject to [...]
DNI Metals Inc. (DNI : TSX-Ven)(DG7 : Frankfurt) TORONTO, Aug. 25, 2015 /CNW/ - DNI Metals Inc. 'DNI' is pleased to announce that is has signed a non-binding Letter of Intent, to purchase a company that vertically integrates DNI's developing Graphite business. This acquisition when completed, DNI's graphite trading business, and a gold royalty will give DNI three sources of cash-flow. This cash-flow will assist DNI in [...]