Capella Minerals announces that the Company and Polar Transition Minerals AS, following the elapse of the long stop date, have agreed an immediate termination of the asset sale agreement as previously announced on October 17, 2023 and subsequently amended on April 9, 2024. Under such Transaction, Polar would have acquired Capella's central Norway copper portfolio by the agreed long stop date of July 7, 2024. Eric Roth [...]
Capella Minerals and JV partner Austral Gold Ltd are pleased to announce entering in to a Share Purchase Agreement with Unico Silver Ltd through which Unico will acquire a 100% interest in Sierra Blanca, the Argentine subsidiary whose sole asset is the Sierra Blanca gold-silver project. Capella and Austral currently own 45.31% and 54.69% interests, respectively, in Sierra Blanca. Under the terms of the SPA, Sierra Blanca [...]
Capella Minerals announces that the Company and Polar Transition Metals have mutually agreed on a 90-day extension of the long-stop date in order to close the asset sale agreement previously announced on Oct 17, 2023. The amended long-stop date to close the Agreement is now July 7, 2024. This extension paves the way for the ongoing Initial Public Offering of Polar on Euronext Growth in Oslo. Julien Balkany, Chairman of [...]
Capella Minerals Ltd. is pleased to announce that it has entered in to a Property Acquisition Agreement with Prospector Metals Corp. through which Prospector will acquire a 100% interest in the Savant Gold Project in Ontario, Canada. Prospector has been exploring the Savant Gold Project through an Earn-In Agreement announced in September, 2020, and has defined a number of high-grade gold targets from work conducted within [...]
Capella Minerals Ltd. notes today's News Release from Joint Venture partner European Energy Metals Corp. in which it confirms that it has completed CAD 1 million in exploration expenditures on the Central Finland Lithium Project , being a key requirement for earning-in to an initial 51% interest in the Project as per the original Earn-In Agreement . European Energy's field teams completed extensive summer/autumn 2023 [...]
Capella Minerals Ltd. is pleased to announce that it has been granted an additional exploration permit covering the Killero West copper-gold target within the Company's highly-prospective Central Lapland Greenstone Belt portfolio, Northern Finland. The Killero West permit complements the five exploration permits which were previously granted in May, 2023, including the Killero East permit where exceptional historical Base [...]
Capella Minerals Ltd. wishes to advise that it has completed its previously announced non-brokered private placement. Further to that news release, the Company was able to negotiate the sale of an aggregate 41,775,000 units at $0.03 per unit for gross proceeds of C$1,253,250 and has issued the shares and warrants to participants. The shares issued are subject to a hold period trading restriction expiring March 10, 2024 [...]
VANCOUVER, BC, Oct. 17, 2023 /CNW/ - Trading resumes in: Company: Capella Minerals Ltd. TSX-Venture Symbol: CMIL All Issues: Yes Resumption : 8:00 AM 10/18/2023 CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment [...]
VANCOUVER, BC, Oct. 17, 2023 /CNW/ - Capella Minerals Ltd. is pleased to announce that it has entered into a binding asset sale agreement with NickelX AS , a private Norwegian mining company, through which it will divest its interests in the Hessjøgruva, Kjøli, and Løkken copper-zinc-cobalt projects located in Trøndelag Province, central Norway . NickelX currently holds 100% interests in 4 nickel exploration projects in [...]
VANCOUVER, BC, Oct. 17, 2023 /CNW/ - The following issues have been halted by CIRO Company: Capella Minerals Ltd. TSX-Venture Symbol: CMIL All Issues: Yes Reason: Pending News Halt Time : 9:37 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]
Capella Minerals Ltd. wishes to advise that the Company has received TSXV Exchange acceptance to extend closing of the placement until September 25, 2023. The private placement was previously announced as a non-brokered private placement of up to 33M units at a price of C$0.03 per unit for gross proceeds up to C$1,000,000 . All other terms of the Private Placement remain the same. This news release does not constitute an [...]
Capella Minerals Ltd. announces that it has initiated a non-brokered private placement of up to 33M units at a price of C$0.03 per unit for gross proceeds up to C$1,000,000 . The Company has secured an initial commitment of C$400,000 from an existing European-based shareholder with a focus on the metals required for the green energy transition. Each unit of the Private Placement shall consist of one common share in the [...]