Nine Mile Metals Ltd.- announces the closing of the oversubscribed Non-Brokered Flow Through Private Placement financing . The Company issued 20,000,000 units at a price of $0.02 per Unit, for proceeds of $400,000. The original size announced was $250,000. Each Unit consists of one common share of the Company and one common share purchase warrant , with each Warrant entitling the holder thereof to purchase one common [...]
Nine Mile Metals Ltd. is pleased to announce Wedge Phase 2 - XRF results for volcanogenic massive sulphide mineralization ore samples collected from the upcoming northwestern drill area on the Wedge VMS Project, in the world-famous Bathurst Mining Camp, New Brunswick, Canada . Highlights: Hi-Grade Sample Results Up to Cu 17.41% Cu. Of the 35 Ore Samples taken, 16 samples returned results 4% Cu or higher, 24 samples [...]
Nine Mile Metals Ltd. announces its intention to complete a new Flow-through and Non-flow-through private placement for proceeds of up to $400,000 . The FT private placement will consist of the sale of up to 12,500,000 units at a price of $0.02 per Unit for gross proceeds up to $250,000. Each Unit will be comprised of one common share and one Common Share purchase warrant , with each Warrant entitling the holder thereof [...]
Nine Mile Metals Ltd. announces that it has proceeded with its third anniversary payment under its option to Purchase the remaining 50% of the Nine Mile Brook Project, dated November 28th, 2021, with Fiddlehead Mining Corp. . On January 17th, 2025, the Company received an extension from Fiddlehead until March 28th, 2025. To maintain the Option, the Company was required to pay $50,000 cash payment and complete $150,000 [...]
Nine Mile Metals Ltd. is pleased to announce it has received a $ 40,000 grant from the New Brunswick Department of Natural Resources and Energy Development for continued exploration on the Company's California Lake East VMS Project. In April 2025, the Company submitted a proposal to the Department of Natural Resources and Energy Development Junior Mining Assistance Program for specific exploration on the California Lake [...]
Nine Mile Metals Ltd. is pleased to announce the addition of Mike Dufresne to the Nine Mile Metal's Technical Advisory Committee, effective June 4th, 2025. Mike Dufresne, MS, P.GEO - Technical Advisory Committee Mr. Dufresne is the President and Co-Founder of APEX Geoscience Ltd., Edmonton, Alberta, Canada. A world leading firm with over 100 geological and geophysical professionals operating in over 35 countries. He is a [...]
Nine Mile Metals Ltd. is pleased to announce the appointment of Mr. Jonathan Holmes to the Board of Directors effective April 16, 2025. Jonathan Holmes, B.A.- Board of Directors Mr. Holmes is a partner at Dig Media Inc., the Vancouver-based parent company of the Industry Leader Marketing Company - Investing News Network "INN". With over 15 years navigating INN, he has been instrumental in shaping the company's capital [...]
Nine Mile Metals Ltd. announces completion of the second tranche of a private placement announced on January 21, 2025. The Company issued 6,309,699 units at a price of $0.021 per Unit, for proceeds of $132.503. The Company fully closes the original Offering of $157,500 and the debt conversion in the first tranche previously announced February 4th, 2025 for total combined Unit issuance value of $388,653. The Company is [...]
Nine Mile Metals Ltd. announces that it has proceeded with its second anniversary payment under its option to Purchase 100% of the Wedge Project, dated February 9, 2023, with SLAM Exploration Ltd. . The Company has approved and paid the renegotiated Cash Payment of $9,000 and also authorized and issued the allotment of 200,000 common shares as part of the Option Agreement with an additional 1,000,000 common shares in lieu [...]
Nine Mile Metals Ltd. is pleased to announce several key management, board, and financial services appointments: Mr. Jimmy Jeon, CPA, has been appointed as Chief Financial Officer , effective February 10th, 2025. Mr. Brett Wallace, LLB, has been appointed to the Board of Directors, effective February 17th, 2025. Marrelli Support Services Inc. has been engaged to provide full corporate financial services support. Mr. James [...]
Nine Mile Metals Ltd. announces that it has completed a first tranche private placement financing for cash proceeds of $25,000 and bona fide debt conversion of $231,150 . The Company issued 12,197,619 units at a price of $0.021 each. Each unit consists of one common share and one common share purchase warrant . Each Warrant will entitle the holder to purchase one Common Share at a price of $0.05 per Common Share for a [...]
Nine Mile Metals Ltd. announces its intention to complete a private placement of up to 18,507,143 units at a price of $0.021 per Unit. Each Unit will be comprised of one common share and one Common Share purchase warrant , with each Warrant entitling the holder thereof to acquire one Common Share in the capital of the Company at a price of $0.05 per Common Share for a period of 5 years from the date of issuance . Up to [...]