Mason Resources is pleased to announce a fully-subscribed non-brokered private placement for gross proceeds of $1.4 million. The Company is also pleased to confirm that Mr. Fahad Al Tamimi, Chairman of the Board of Directors, intends to participate in the Offering, which will result in an increase in his ownership stake to approximately 19.2% on a partially diluted basis. The net proceeds of this Offering shall be used [...]
Mason Resources Inc. , reports, in accordance with the policies of the TSX Venture Exchange, that the nominees listed in the Management Information Circular dated October 30, 2024 for the Annual General and Special Meeting of Shareholders of the Company were elected as directors of the Company. Over 50% of all of the issued and outstanding shares of the Company were represented at the Meeting. The Company elected seven [...]
Mason Resources Inc. , reports that while its management information circular was mailed in advance of the labour disruption, due to the ongoing postal strike in Canada , certain shareholders may have experienced a delay in the delivery of the Circular and related materials for the annual general and special meeting of Mason shareholders, to be held at 10:00 a.m. on Thursday, December 19, 2024 virtually. The Circular [...]
Mason Resources Inc. is pleased to announce that on October 29, 2024, it made an investment of CAD $1 million in Sand Minerals Inc. , a recently established private company. Sand Minerals was founded by William Randall and the former team of Arena Minerals Inc. , which was acquired by Lithium Americas Corp., in a CAD $311 million transaction. Members of this team were also part of Lithium-X Energy Corp., which was sold to [...]
Mason Resources highlights the Commercial Agreement between Black Swan Graphene, of which Mason owns 39% and Broadway Colour. As part of the Agreement, Broadway will utilize Black Swan's graphene nanoplatelets in the manufacture of their Graphene Enhanced Masterbatches, bringing the remarkable benefits of graphene to their diverse customer base in plastic manufacturing. Both parties will leverage their commercial teams to [...]
Mason Resources highlights the announcement from Black Swan Graphene, of which Mason owns 39%: Black Swan and Graphene Composites, a leading advanced materials engineering company, are pleased to announce having initiated a commercial partnership for the supply of Black Swan's graphene used in the fabrication of GC Shield®, a patented ballistic protection technology. Furthermore, Black Swan is excited to report having [...]
Mason Resources is pleased to announce that it invested $1,000,000 in NorthX Nickel, formerly known as Archer Exploration, under a private agreement transaction as part of a private placement of $2,275,000 in units of NorthX announced by NorthX on April 26, 2024. Pursuant to the Transaction, Mason subscribed to 4,166,667 Units at a price of $0.24 per Unit, each Unit being comprised of one common share of NorthX and one [...]
Mason Resources congratulates Black Swan Graphene on the successful launch of their groundbreaking Graphene-Enhanced Commercial Masterbatches. Black Swan's graphene enhanced masterbatch products, GraphCore, offer price-performance improvements without any supply chain disruption and are available in volume both directly from Black Swan or through globally represented value-added distributors: Thomas Swan & Co, Gerdau [...]
Mason Resources Inc. congratulates Nouveau Monde Graphite Inc. on its truly groundbreaking milestones, securing unprecedented binding offtake agreements with both Panasonic Energy and GM, as well as securing strategic financings. Mason is proud to be a 9.25% strategic shareholder of NMG . The three press releases issued earlier today can be found on NMG's website at the following: NMG Announces Offtake Agreement with GM [...]
Mason Resources Inc. is pleased to announce that it closed today the sale of the Lac Guéret Property, targeted for the development of the Uatnan Mining Project, pursuant to the previously announced asset purchase agreement dated January 21, 2024 with Nouveau Monde Graphite Inc. . In consideration for the sale of the Lac Guéret Property, Mason received 6,208,210 common shares of NMG, representing approximately 9.25% of the [...]
Mason Resources Inc. is pleased to announce having entered into an asset purchase agreement dated January 21, 2024 with Nouveau Monde Graphite Inc. for the sale of the Lac Guéret Property, targeted for the development of the Uatnan Mining Project. In consideration for the sale of the Lac Guéret Property, Mason will receive 6,208,210 common shares of NMG, representing a 143% premium on the implied market value of the Lac [...]
Mason Resources announced that the new rolling stock option plan of the Company was approved by the shareholders of the Company at its annual general meeting of shareholders held on December 19, 2023. The New Stock Option Plan is a "rolling" stock option plan under Policy 4.4 - Security Based Compensation of the TSX Venture Exchange that allows for a number of options to purchase common shares of the Company to be granted [...]