Stelmine Canada Ltd.

Stelmine Canada is pleased to announce that crews are now mobilizing for diamond drilling at the Company's 100%-owned Courcy Property in northeastern Quebec to follow up on the discovery of near-surface high-grade gold in "Zone 1" where the last historical drill hole returned 42 metres grading 4.2 g/t Au including 105 g/t over 1.5 metres within a section of 12.3 g/t Au over 13.5 metres. The 42-metre discovery intercept [...]

Stelmine Canada is pleased to announce that an ongoing field program ahead of first-ever drilling at its 100%-owned Mercator Project in northern Quebec supports the preliminary analysis from a recently completed geophysics survey of a potentially large-scale orogenic gold system. New Mercator Highlights: Additional sampling has extended the length of the Main Zone to 2.5 km from 1.9 km. A shallow dipping mineralized slab [...]

Stelmine Canada is pleased to announce that it has entered into an agreement with MarketSmart Communications Inc., pursuant to which MarketSmart will provide investor relations services to Stelmine for an initial term of 12 months. Stelmine will pay MarketSmart a fee of $7,000 per month, plus applicable taxes, and MarketSmart will also be granted stock options to purchase 500,000 common shares of Stelmine at a price of 28 [...]

Stelmine Canada is pleased to announce that it has arranged a non-brokered hard dollar private placement with strategic investors at $0.25 per unit to raise total gross proceeds of up to $3,250,000 . Net proceeds from this private placement will be used for an upcoming drill program at the Company's 100%-owned district-scale Courcy and Mercator properties in Quebec's newest gold district east of James Bay and Newmont's [...]

Stelmine Canada is pleased to announce the discovery of a potentially large gold system at its Mercator Property spanning 389 sq. km in Quebec's newest gold district east of James Bay and the Eleonore mine. The Phase 1 summer 2021 exploration program, now in progress, includes geophysics and extensive sampling in preparation for potential maiden drilling during this second half of 2021. Mercator is one of several [...]

Stelmine Canada is pleased to announce that it has closed its recently announced non-brokered private placement. A total of 5,384,614 units of Stelmine were issued at a price of $0.13 per unit for gross proceeds of $700,000. Each Unit comprised one common share of Stelmine and one-half of a common share purchase warrant. Each full warrant entitles the holder to acquire one common share of the Company at $0.20 for a period [...]

Stelmine Canada has arranged a non-brokered private placement at 0.13 cents per unit, for total gross proceeds of $700,000, to accommodate strong demand from investors following its just-completed private placement at 0.09 cents per unit . This new financing will consist of the sale of up to 5,384,615 units of Stelmine at a price of $0.13 per Unit with each Unit comprising one common share of Stelmine and one half of a [...]

Stelmine Canada is pleased to announce that it has closed its recently announced non-brokered private placement. A total of 7,777,778 units of Stelmine were issued at a price of $0.09 per unit for gross proceeds of $700,000. Each Unit comprised one common share of Stelmine and one common share purchase warrant. Each warrant entitles the holder to acquire one common share of the Company at $0.11 for a period of 36 months [...]

Stelmine Canada has arranged a non-brokered placement. The financing will consist of the sale of up to 7,777,778 units of Stelmine at a price of $0.09 per Unit for gross proceeds of up to $700,000 . Each Unit shall comprise one common share of Stelmine and one common share purchase warrant. Each warrant will entitle the holder to acquire one common share of the Company at $0.11 for a period of 36 months from issuance. The [...]

QU?BEC CITY, March 30, 2021 -- Stelmine Canada today announced the results of the annual meeting of its shareholders held on zoom on this date . During the Meeting, the candidates recommended by management, being Andr? Proulx, Isabelle Proulx, Jacinthe Baril, Julie Lemieux, Michel Boily and Normand Goulet, were elected as directors of the Company. Brunet Roy Dub?, CPA S.E.N.C.R.L, were appointed as the Company's [...]