Canada Silver Cobalt Works is pleased to announce that it has commenced drilling at its Lowney-Lac Edouard property as part of the first phase of an exploration program targeting prospective areas identified previously in an airborne geophysical survey. The drilling is being conducted in the center and southern part of the 7,237-hectare property in areas where five electromagnetic anomalies were identified by a Geotech [...]
Canada Silver Cobalt Works announces that it is proposing to amend the terms of an aggregate 23,380,092 outstanding common share purchase warrants by amending the exercise price to $0.06 per share. 7,377,274 of the Warrants were issued pursuant to a private placement that closed on Dec 1, 2022. The Warrants have an exercise price of $0.15 and expire on Dec 1, 2024. The Company intends to amend the Warrant exercise price [...]
Canada Silver Cobalt Works is pleased to announce that its wholly-owned subsidiary Coniagas Battery Metals Inc. has obtained conditional listing from the TSX Venture Exchange in connection with the previously-announced "spin-out" by the Company of shares and warrants of Coniagas to the shareholders of the Company by way of plan of arrangement under the Canada Business Corporations Act. The Company will now apply to the [...]
Canada Silver Cobalt Works is pleased to announce that it has recently acquired, by online designation, a total of 2,334.95 hectares in 40 claims close to the Company's existing Lowney-Lac Edouard claim block approximately 100 km northwest of Quebec City. The Lac Guay property is approximately 5 km south of the Lowney-Lac Edouard block of claims and is accessible by a well-travelled gravel road dissecting it north to [...]
Canada Silver Cobalt Works announces that further to its news release dated Nov 2, 2023 and Nov 6, 2023 the Company has closed a 2nd and final tranche of a non brokered private placement by way of issuing 18,250,000 Quebec flow-through units at $0.04 per QFT Unit, for total gross proceeds of $730,000. The Company raised a total of $1,630,000 in both tranches of the financing. Each QFT Unit is comprised of one common share [...]
Canada Silver Cobalt Works is pleased to announce the commencement of a new 1,500-meter drill program at its Castle Property this week focusing on both gold and silver targets following the recent success of gold stripping activities in the Miller Lake area. The Summer 2023 stripping program to the south and west of previous drilling identified a significant opportunity to evaluate gold prospects with the discovery from [...]
Canada Silver Cobalt Works announces that further to its news release dated November 2, 2023 the Company has closed a 1st tranche of a non brokered private placement by way of issuing 10,000,000 Quebec flow-through units at $0.04 per QFT Unit, and 12,500,000 flow-through units at $0.04 per FT Unit for total gross proceeds of $900,000. Each QFT Unit and FT Unit is comprised of one common share and one half of one share [...]
Canada Silver Cobalt Works announces that further to its news release dated October 30, 2023 announcing a private placement of 10,000,000 QFT units at $0.04 for $400,000, pursuant to the policies of the TSX Venture Exchange, the Company is re-announcing the terms of the private placement to ensure pricing is reserved and increasing the amount of funds to be raised. The Company will be issuing 37,500,000 combined Quebec [...]
Canada Silver Cobalt Works is pleased to announce that at the annual and special meeting of shareholders of the Company held today, all matters set out in its management information circular dated September 25, 2023 were passed, including approval of the proposed plan of arrangement for the previously-announced "spin-out" by the Company of shares and warrants of its wholly-owned subsidiary Coniagas Battery Metals Inc. to [...]
Canada Silver Cobalt Works announces a non-brokered private placement offering by issuing 10,000,000 Quebec Flow-Through Units at a price of $0.04 per QFT Unit raising gross proceeds $400,000. Each QFT Unit is comprised of one flow-through common share of the Company and one half of one share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one additional common share of the Company at an [...]
Canada Silver Cobalt Works is pleased to provide a significant update on the ongoing lithogeochemical mapping and exploration efforts in the St. Denis and Sangster claims located in Ontario directly south of James Bay near the Quebec border contiguous to Power Metals' Case Lake Lithium properties and accessible by roads from Cochrane and Timmins . The St-Denis Project area is 26,373 hectares and is one of the largest land [...]
Canada Silver Cobalt Works announces that further to the Company's news release dated September 26, 2023 the Company will hold an annual and special meeting of shareholders on Oct 31, 2023 to approve the plan of arrangement, among other things. A copy of the Company's management information circular is available on the Company's website and under the Company's profile on SEDAR+. An Arrangement Agreement entered into [...]