Tectonic to hold Webcast on July 18th with Kevin Smith, Founder and Chief Investment Officer of Crescat Capital, to discuss 2023 Exploration Program in Detail and Answer Questions Tectonic Metals Inc. a mineral exploration company focused on acquiring, exploring, and developing district-scale projects in politically stable jurisdictions, today announced the scope of the Company's inaugural 2023 drill program for the Flat [...]
Second Tranche of Private Placement Launched TectonicMetals Inc. today launched the second tranche of the financing previously announced on May 9, 2023, with Crescat Capital committing to an additional investment of up to $2,000,000 ahead of Tectonic's 2023 Flat Drill Program also announced today. Unless otherwise noted, all amounts are expressed in Canadian dollars. "We are making a strong, unwavering commitment to [...]
Tectonic Metals Inc. a mineral exploration company focused on acquiring, exploring, and developing district-scale projects in politically stable jurisdictions, today announced that it has entered into an agreement with Market Climber Inc. for investor relations services, subject to TSX Venture Exchange acceptance. In accordance with TSXV Corporate Finance Policy 3.4 , MCI has been engaged to enhance the capital market's [...]
Tectonic Metals Inc. is pleased to announce that the Company has closed the first tranche of a private placement initially announced on May 9, 2023 for aggregate gross proceeds of $3,346,784.76 consisting of the issuance of 30,425,316 units of the Company at a price of $0.11 per Unit. The brokered portion of the Offering was completed pursuant to an agency agreement with Canaccord Genuity Corp. and Research Capital [...]
Tectonic Metals Inc. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. , pursuant to which the Lead Agent, on behalf of a syndicate of agents will act as lead agent for the Company on a 'best efforts' agency basis in connection with a private placement of units of the Company at a price of C$0.11 per Unit for gross proceeds to the Company of up to C$6,000,000 . The Offering has been [...]
Tectonic Metals Inc. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. , pursuant to which the Lead Agent, on behalf of a syndicate of agents will act as lead agent for the Company on a 'best efforts' agency basis in connection with a private placement of units of the Company at a price of C$0.11 per Unit for gross proceeds to the Company of up to C$6,000,000 . The Offering has been [...]
Tectonic Metals Inc. today announced metallurgical test results from the Company's Flat Gold Project , an intrusion-hosted, bulk tonnage gold system located in southwestern Alaska. As part of the Company's first year exploration program at Flat, metallurgical samples were selected by Tectonic from historically drilled diamond core determined to be representative of the known drilled mineralization and five composites [...]
Tectonic Metals Inc. today announced its decision to terminate the mineral lease agreement on the Company's Seventymile Gold Project in accordance with the terms of the lease agreement with Doyon, Limited . Tony Reda, Tectonic President & CEO, commented: "The decision to terminate the Seventymile lease agreement was not an easy one especially given our exploration results to date have been positive. So why terminate a [...]
Tectonic Metals Inc. today announced the completion of the Company's inaugural field program at the Flat Gold Project , an intrusion-hosted, bulk tonnage gold project located in the Kuskokwim Mineral Belt of southwestern Alaska, some 40 kilometres north of the Donlin Gold Project. Tectonic's surface field program at Flat represents the first exploration work at the property in more than 20 years and comprised [...]
Tectonic Metals Inc. ; ; is pleased to announce that the Company has closed its non-brokered private placement financing initially announced on October 27, 2022, with a subsequent announcement on November 15, 2022 regarding the upsize of the private placement. The Company closed the private placement by issuing 38,761,250 units of the Company at a price of C$0.08 per Unit, for aggregate gross proceeds of C$3,100,900 [...]
Tectonic Metals Inc. is pleased to announce that the non-brokered private placement of units previously announced on October 27, 2022 has been upsized from total gross proceeds of up to C$2,000,000 to total gross proceeds of up to C$3,100,900 . The Offering will now consist of up to 38,761,250 Units at a price of C$0.08 per Unit. Each Unit is comprised of one common share of Tectonic and one common share purchase warrant [...]
Tectonic Metals Inc. is excited to announce that strategic shareholder, Crescat Capital , in association with renowned geologist, Dr. Quinton Hennigh, is anchoring a C$2,000,000 non-brokered private placement of units issued by Tectonic. The Offering The Company is conducting a non-brokered private placing of up to 25,000,000 Units at a price of C$0.08 per unit for aggregate gross proceeds of up to C$2,000,000 . Each unit [...]
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