Armory Mining would like to provide a corporate update. The Company holds a portfolio of prospective projects that encompasses antimony, gold, silver and lithium projects. The Ammo Project is an ~3,000-ha gold-antimony prospect located in Nova Scotia, proximal to the past-producing West Gore Antimony-Gold Mine. Armory is planning a Multispectral Survey as part of an initial work program. The Company will pursue multiple [...]
Armory Mining would like to announce the appointment of Alex Klenman as Chief Executive Officer. Mr. Klenman is replacing Nader Vatanchi who has resigned as Chief Executive Officer and also as a director of the Company to pursue other opportunities. Mr. Klenman is an experienced junior mining executive whose career spans over 30 years in the private and public sectors, with an emphasis on business development, marketing [...]
Armory Mining Corp. is pleased to announce that it has closed its previously announced non-brokered private placement LIFE offering by issuing 5,016,111 common shares at a price of $0.135 per share for aggregate gross proceeds of $677,175. In connection with the Offering, the Company paid cash finder's fees of $65,017, issued 481,611 finder's warrants, and issued 370,500 finder's shares to eligible arm's length finders [...]
Armory Mining Corp. is pleased to announce a non-brokered private placement LIFE offering for total gross proceeds of a minimum of $500,000 and up to a maximum of $680,000, consisting of a minimum of 3,703,703 common shares of the Company and up to a maximum of 5,037,037 Common Shares at a price of $0.135 per Common Share . In connection with the Offering, the Company may pay finder's fees consisting of: cash finder's [...]
Armory Mining Corp. is pleased to announce that it has closed a non-brokered private placement offering , previously announced by the Company on November 19, 2024, by issuing 5,000,000 units at a price of $0.10 per Unit for aggregate gross proceeds of $500,000. The Company is seeking alternative non-dilutive financing arrangements. Each Unit will be comprised of one common share and one-half of one transferrable common [...]
Armory Mining Corp. is pleased to announce, further to its news release dated November 9, 2024, that it has completed the acquisition of Antimony Assets Inc. pursuant to a share exchange agreement dated November 8, 2024 among the Company, Antimony, and the shareholders of Antimony . The Company completed the acquisition from the Shareholders of all of the issued and outstanding common shares of Antimony in exchange for [...]
Spey Resources Corp. is pleased to announce that it has entered into a share exchange agreement dated November 8, 2024 with Antimony Assets Inc. and the shareholders of Antimony to acquire 100% of the issued and outstanding common shares of Antimony in consideration for an aggregate of 4,975,000 common shares of the Company at a deemed price of $0.0675 per share . Antimony is a privately held arm's length party that holds [...]
Spey Resources is pleased to announce that it has signed an option agreement with American Salars Lithium, whereby the Company has granted American Salars the option to acquire the Company's 80% interest in the Candela II Lithium Brine Project. Under the terms of the Agreement made between the Company, Amercian Salars and A.I.S. Resources, the Company and AIS shall sell their proportion of shares held in Spey Resources [...]
Spey Resources announces that the board of directors of the Company has approved the adoption of an advance notice policy to provide shareholders, directors and management of Spey with a clear framework for nominating directors. The Policy is meant to: facilitate an orderly and efficient annual and/or special meeting process; ensure all shareholders receive adequate notice of director nominations and sufficient [...]
Spey Resources Corp. is pleased to announce the appointment of Nader Vatanchi as Chief Executive Officer of the Company. Mr. Vatanchi has served on the Company's Board of Directors since May 2021 and was formerly Chief Executive Officer of the Company from March 2021 to October 2022. The Company wishes to thank Philip Thomas for his tenure as Chief Executive Officer during the past year and wishes him all the best in [...]
Spey Resources Corp. announces that the NI 43-101 Mineral Resource Estimate has been completed on the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina? by WSP Australia Pty Limited which is estimated to contain lithium metal of 86,000 tonnes which equates to 457,520 tonnes of in-situ Lithium Carbonate Equivalent and a lithium yield of 48,000 tonnes of LCE from 9,000 tonnes of [...]
Spey Resources Corp. announces that it has received the results from its June 23 soil sampling, rock chip and reconnaissance work on its 42 claims west of the town of Kaslo, BC Canada. Figure 1 Kaslo property overview with 2023 sampling and mapping locations, showing historical mines The area is of interest owing to the historical mining activity and its structural-geological setting. The main target areas of the 2023 [...]
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