Nortec Minerals Corp. is pleased to announce a Versatile Time Electromagnetic geophysical survey at the Sturgeon Lake VMS Project in Ontario has started and is expected to conclude later this month. "An ongoing GIS targeting compilation has identified eleven exploration target areas at the Sturgeon Lake VMS Project. The current VTEM survey is the first modern survey to be flown over the property, and will aid in targeting [...]
Nortec Minerals Corp. is pleased to announce drilling at the Kietyönmäki Lithium Project in Finland for which United Lithium Corp. is the project operator. Highlights Reported by United Lithium Corp. Diamond drilling commenced in September 2022 A 10-hole program is planned with holes averaging 100 meters in length. The program is designed to confirm the current geological knowledge of the project. The objective of the [...]
Nortec Minerals Corp. announces that it has closed its previously announced private placement financing through the issuance of 4,513,665 units of the Company at a price of $0.075 per Unit for gross proceeds of approximately $338,525. Each Unit consists of one common share on a post-Consolidation basis and one-half of one post-Consolidation Common Share purchase warrant . Each FT Share will be issued as a "flow-through [...]
Nortec Minerals Corp. announces that the TSX Venture Exchange has approved a share consolidation of the outstanding common shares of the Company on the basis of five pre-Consolidation Common Shares for one post-Consolidation Common Share . The Consolidation will be effective at the open of the market on December 23, 2022 . The Company will not change its name as part of the Consolidation but the post-Consolidation Common [...]
Nortec Minerals Corp. Is pleased to announce a five to one share consolidation and a non-brokered private placement to raise aggregate gross proceeds of up to $350,000 . SHARE CONSOLIDATION The Company announces that it intends to consolidate the issued common shares in the authorized share structure of the Company on a five pre-Consolidation Common Shares for one post-Consolidation Common Share basis. The Company [...]
Nortec Minerals Corp. is pleased to report that it has completed its previously announced acquisition of a private Ontario corporation which holds 100% of the interests in the Sturgeon Lake VMS Property and the Mattagami River Zinc Property , both located in Ontario, Canada. . Pursuant to the share purchase agreement dated June 10, 2022, as amended on July 14, 2022, between Nortec, PropertyCo and the all of the [...]
Nortec Minerals Corp. . Further to the Company's press release of June 14, 2022, the Company wishes to provide an update on its proposed acquisition of the Sturgeon Lake VMS Property and Mattagami River Zinc Property, both located in Ontario, Canada . The Company has filed with the TSX Venture Exchange documentation requesting conditional acceptance of the Transaction and is diligently working to address the comments of [...]
Nortec Minerals is pleased to announce that it has entered a share purchase agreement to acquire the Sturgeon Lake VMS Property and Mattagami River Zinc Property, both located in Canada. "Why Zinc? Zinc is a Critical Mineral and part of the building blocks for the clean and digitized economy. Zinc is essential for renewable energy and clean technology applications, and is a required input for critical infrastructure. The [...]
Nortec Minerals Corp. : The Company announces that it has received an extension to its non-brokered private placement announced on November 9, 2021 of up to 12,500,000 units at a price of $0.02 per unit to raise gross proceeds of up to $250,000 . The extended final date for acceptance of the Offering is March 28, 2022. Each Unit will consist of one common share and one common share purchase warrant entitling the holder to [...]
Nortec Minerals Corp. : The Company announces that it intends to complete a non-brokered private placement of up to 12,500,000 units at a price of $0.02 per unit to raise gross proceeds of up to $250,000 , subject to receipt of TSX Venture Exchange approval. Each Unit will consist of one common share and one common share purchase warrant entitling the holder to purchase one additional common share at an exercise price [...]
Nortec Minerals Corp. : Further to the Company's news release of July 13, 2021, the Company advises that it has been unable to complete its previously disclosed non-brokered private placement. Consequently, Nortec was unable to renew the unpatented mining claims for the Cottonwood Uranium-Vanadium Project located in Garfield County, Southeast Utah, USA. Nortec is currently evaluating new opportunities in the mining sector [...]
Nortec Minerals Corp. is pleased to announce significant values of 1% Vanadium and 0.69% Uranium from reconnaissance rock sampling on its Cottonwood Uranium-Vanadium Project located in Garfield County, Southeast Utah, USA. James Rasmussen, Senior Consultant at North American Mining Services said, "These elevated uranium and vanadium values are very promising since they are contained within orientation samples collected [...]