Fuse Battery Metals announces that it has completed the first phase of its summer / fall exploration program at its Monitor Valley Lithium Property. At the Monitor Valley Lithium Project, the Company contracted the services of Rangefront Geological to perform both a detailed soil sampling on a 100 m X 100 m spacing and KLM Geoscience LLC to perform a CSAMT geophysical survey to obtain information about subsurface [...]
Fuse Battery Metals is pleased to announce that the Company has entered into an Arrangement Agreement with its wholly owned subsidiary Ignition Battery Metals Inc. In accordance with the terms of the Arrangement Agreement, Fuse will transfer to SpinCo ownership of its interests in its Teledyne and Glencore Bucke cobalt properties in Ontario, in exchange for approximately 9,397,440 common shares of SpinCo . Fuse will spin [...]
Fuse Battery Metals is pleased to announce the Company has received assay results from the recently completed drill program at the Glencore Bucke Project located just outside Cobalt Ontario and near the cobalt refinery of Electra Battery Metals Corporation. “We are pleased with the drill results from GB22-55 to GB22-58 as they suggest structures are continuing southward towards the Teledyne property. GB22-56 has 2 [...]
Fuse Battery Metals is pleased to announce that effective today, it has appointed Mr. Ryan Cheung as a Director and Audit Committee member of the Company. Ryan Cheung, CPA, CA, is the founder and managing partner of MCPA Services Inc, Chartered Professional Accountants, in Vancouver. Mr. Cheung serves as a director and/or officer and consultant for several publicly traded companies, providing financial reporting, taxation [...]
Fuse Battery Metals is pleased to announce expansion of our exploration land holdings with the inclusion of a new lithium exploration project in Nevada, the Monitor Valley North Project. The Company has entered into a Purchase and Sale Agreement with J. Malcolm Bell dated March 22, 2023 whereby the Company becomes the legal and beneficial owner of 97 placer claims covering approximately 770 hectares of alluvial sediments [...]
Fuse Battery Metals is pleased to announce the expansion of our exploration land holdings with the inclusion of a new lithium exploration project in Nevada, the Lithium Springs Project. The Company has entered into a Purchase and Sale Agreement dated February 14, 2023, to acquire a 100% interest in 108 placer claims from Malcolm J. Bell. The claims cover approximately 858 hectares of playa and alluvial fan located at the [...]
Fuse Battery Metals announces the grant of stock options exercisable to purchase an aggregate of 2,250,000 common shares of the Company to certain directors and officers. The stock options are granted pursuant to the terms of the Company's stock option plan, and the requirements of the TSXV. The Stock options are exercisable at a price of $0.0525 per share for a period of five years from the grant date. The stock options [...]
Fuse Cobalt announces that further to its news release dated January 24, 2023, that as permitted by the Company's Articles, the Board of Directors approved by consent resolution the name change to "Fuse Battery Metals Inc." on January 19, 2023 The Company's shares will commence trading under the new name effective, February 2, 2023. The Company's trading symbol "FUSE" will remain the same. The Company's new CUSIP number [...]
Fuse Cobalt would like to provide its shareholders with additional information regarding the current status of the Company and its properties, as well as, its proposed operating plan for 2023. As many are aware, the electric vehicle industry is experiencing explosive growth due to recent demand from consumers. As combustion engine use declines, the shift to EVs has provoked unparalleled activity in battery manufacturing [...]
Fuse Cobalt Inc. would like to provide its shareholders with additional information regarding the current status of the Company and its properties, as well as, its proposed operating plan for 2023. As many are aware, the electric vehicle industry is experiencing explosive growth due to recent demand from consumers. As combustion engine use declines, the shift to EVs has provoked unparalleled activity in battery [...]
Fuse Cobalt Inc. announces that effective today, in order to balance his collective business responsibilities, Mr. Greg Reimer has resigned as both Director and Chairman of the Company. Mr. Reimer has agreed to continue to support Fuse and will remain as an active member of the Fuse Corporate Advisory Board. Mr. Robert Setter, Fuse Director states "Greg has helped the Company out considerably in his role of Director and [...]
Fuse Cobalt announces that it has closed a non-brokered private placement financing offering of 30,000,000 units at a price of $0.05 per Unit for gross proceeds of $1,500,000. Each Unit is comprised of one common share and one share purchase warrant. Each Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.065 per share for a period of five years from [...]