Arizona Metals Corp. is pleased to announce that the exploration drill program at its Kay Mine Project in Arizona will resume on Thursday, May 21st, 2020. The Phase 1 drill program at the Kay Mine Project was temporarily suspended on March 27th, 2020 as the result of a "stay-at-home" order issued by the State of Arizona in response to the Covid-19 pandemic. On May 12th, 2020, the Governor of Arizona announced that the [...]
Arizona Metals Corp. is pleased to announce that in connection with the previously announced bought deal private placement, the Company, Stifel GMP and Canaccord Genuity Corp. have agreed to upsize the Underwriters' Option to up to 4,650,000 Units. The Underwriters have agreed to purchase on their own behalf, 4,650,000 units of the Company at a price of $0.65 per Unit for gross proceeds to the Company of $3,022,500 . Each [...]
Arizona Metals Corp. is pleased to announce further to the press release issued yesterday evening, the Company has reached an agreement to replace the previously announced non-brokered private placement financing with a bought deal financing whereby Stifel GMP and Canaccord Genuity Corp. have agreed to purchase on their own behalf, 4,650,000 units of the Company at a price of $0.65 per Unit for gross proceeds to the [...]
Arizona Metals Corp. is pleased to announce a non-brokered private placement financing of up to 4,615,385 units at a price of $0.65 per unit for gross proceeds of up to $3 million . Each Unit will consist of one common share of the Company and one-half of one non-transferable Common Share purchase warrant , with each Warrant exercisable to purchase one additional Common Share of the Company for a period of 18 months from [...]
Arizona Metals Corp. is pleased to announce assay results of the first drill hole completed at the South Zone of its Kay Mine Project, located near Black Canyon City, Arizona. The Company will be hosting Webinars to discuss the drill results and future exploration plans on Tuesday, May 5th, 2020 at 11am and Tuesday, May 12th, 2020. Registration details below. Prior to the temporary suspension of the Phase 1 drill program [...]
Arizona Metals Corp. is pleased to announce assay results of the first seven drill holes completed at its Kay Mine Project, located near Black Canyon City, Arizona. The first seven holes of the drill program, KM-20-01 to KM-20-07, were drilled to test the shallowest part of the North Zone which starts at a vertical depth of approximately 100m . Holes KM-20-01 through KM-20-06 all intersected massive sulphide [...]
Arizona Metals Corp. is pleased to announce that during February, 2020, the Company completed site visits that included Karen Fann , Noel Campbell , Bob Thorpe , Tom Thurman , representatives of the town of Black Canyon City, and members of the Daisy Mountain Fire Department and Yavapai County Sheriff's office. The purpose of the visits was to familiarize attendees with the Company's drill operations, as well as measures [...]
Arizona Metals Corp. announces the temporary suspension the Kay Mine drill program, located near Black Canyon City, Arizona, in order to protect the safety of employees, contractors, and the local community in response to the COVID-19 pandemic. No cases of infection have been reported in any of the Company's employees or contractors working at the Kay Mine site. Arizona Metals' employees and contractors are safely [...]
Arizona Metals Corp. , would like to announce that, further to its press release dated November 18, 2019, it has completed the repricing of 6,117,999 of the Company’s outstanding warrants expiring on August 1, 2022 from an exercise price of $0.60 per Warrant to an exercise price of $0.50 per Warrant . The Warrant Repricing is effective as of February 24, 2020. For additional information about the Warrant Repricing [...]
Arizona Metals Corp. , is pleased to announce that, further to its press releases dated January 16, 2020 and January 20, 2020, it has a closed an oversubscribed non-brokered private placement offering of 4,741,000 common shares of the Company at a purchase price of $0.50 per Common Share, for aggregate gross proceeds of $2,370,500 . Net proceeds of the Offering will be used for general corporate and working capital [...]
Arizona Metals Corp. , is pleased to announce that due to additional demand the Company has increased the size of its previously announced non-brokered private placement of common shares from aggregate gross proceeds of up to $1,500,000 to aggregate gross proceeds of up to $2,000,000 . Pursuant to the Offering, the Company will issue an aggregate of up to 4,000,000 Common Shares at a price of $0.50 per Common Share to [...]
Arizona Metals Corp. , is pleased to announce that it will conduct a non-brokered private placement offering of up to 3,000,000 common shares of the Company at a purchase price of $0.50 per Common Share, for aggregate gross proceeds of up to $1,500,000. Net proceeds of the Offering will be used for general corporate and working capital purposes. The Offering is subject to TSX Venture Exchange acceptance of regulatory [...]