Comet Lithium is pleased to announce that the Board of Directors of the Corporation has confirmed that the annual and special meeting of shareholders of the Corporation will be held on Tuesday, May 28, 2024 at 10:00 a.m. at the Offices of Fasken Martineau DuMoulin LLP, 800 Square-Victoria, Suite 3500, Montreal. The Corporation is also pleased to announce two new nominees for election as directors of the Corporation at the [...]
Extensive surface exploration program on the Liberty Lithium Property Highlights: Work has been completed to identify targets for the spring and summer exploration programs. Technical field teams have been appointed to investigate the recently defined geophysical and geochemical anomalies, as well as the AI targets defined with VRIFY. A comprehensive field program to begin, including field mapping and the collection of [...]
Comet Lithium is pleased to announce the successful completion of the Induced Polarization survey on its 100% owned, 92 km² Troilus East property, situated in the Frotet Evans greenstone belt, approximately 130 kilometres north of Chibougamau, Québec. Additionally, the Corporation is thrilled to report that the review and reinterpretation of historical work programs have identified multiple lithium and gold priority [...]
Comet Lithium is pleased to announce that its Board of Directors has approved today a grant of an aggregate of 230,000 restricted share units to the three officers of the Corporation and consultant of the Corporation, 220,000 deferred share units to the non-management directors of the Corporation, and stock options in respect of an aggregate of 650,000 common shares to the non-management directors, three officers of the [...]
Comet Lithium is pleased to announce that it is collaborating with VRIFY Technology Inc. to, among other things, generate targets from a proprietary machine learning algorithm. The algorithm will be trained using previously disclosed data along with other publicly available information related to the Comet Lithium properties. It will generate multiple scenarios, which will be continually refined as new data becomes [...]
Comet Lithium is pleased to report and provide results from the gravity field survey completed in 2023 on its 100% owned flagship lithium Liberty property . Comet Lithium has identified multiple high-priority drill targets in the southwestern corner of the Liberty Property. Vincent Metcalfe, Executive Chair and CEO of Comet Lithium, commented "Our 2023 gravity survey yielded monumental results, revealing a target akin to [...]
Comet Lithium is pleased to report and provide results from the maiden field program that was conducted on the Liberty property in September 2023. The field team spent a total of 14 days on the Property, which also included some work on the Galli project located approximately 15 kilometres east from Patriot Battery Metals' Corvette project. The field team followed the north-east trend previously identified by the magnetic [...]
Comet Lithium is pleased to provide a summary of the key exploration developments in 2023 as well as its exploration perspective for 2024. As we enter 2024, and following the significant work completed by the Corporation in 2023, Comet Lithium is well positioned to stand out as a significant explorer due to its extensive portfolio of assets within the very active James Bay region of Québec. Our key lithium assets include [...]
Comet Lithium announces the appointment of Mr. Vincent Metcalfe as President and Chief Executive Officer of the Company, in replacement of Mr. Mansoor Jan Niazi who had been acting as Interim CEO and President since September 2023, effective January 1, 2024. Mr. Metcalfe is a director of the Company and the current Executive Chairman of the Board of Directors. He has extensive domestic and international experience in the [...]
Comet Lithium is pleased to announce that it has held a second and final closing of a non-brokered private placement in which it issued 1,048,000 common shares at a price of $0.50 per Share, and 76,461 "flow-through" common shares at a price of $0.85 per Flow-Through Share, for aggregate gross proceeds to Comet Lithium of $588,991.85. Comet Lithium will use the net proceeds from the sales of the Shares for general and [...]
Comet Lithium is pleased to announce that it has held a first closing of a non-brokered private placement in which it issued 1,673,000 common shares at a price of $0.50 per Share, and 1,356,836 "flow-through" common shares at a price of $0.85 per Flow-Through Share, for aggregate gross proceeds to Comet Lithium of $1,989,810.60. Comet Lithium will use the net proceeds from the sales of the Shares for general and [...]
Comet Lithium congratulates Winsome Resources Limited on the maiden Mineral Resource Estimate at its wholly-owned Adina Property. The MRE at Adina has established it as one of the largest lithium pegmatite mineral resource in the Americas, returning 59 million tonnes at 1.12% Lithium Oxide of Inferred Resources, at a cut-off grade of 0.6% Li2O, for a total of 1.62 million tonnes contained lithium carbonate equivalent. The [...]