EMP Metals Corp. announces that the board of directors has granted incentive stock options to acquire up to an aggregate of 1,800,000 common shares. Of the options granted, 450,000 have been granted to directors and executives of the Company. The options are exercisable at a price of $0.65, have a term of five years and may be subject to certain vesting provisions as determined by the board of directors. The Company also [...]
EMP Metals Corp. is pleased to announce that it has closed its non-brokered private placement financing of 8,333,333 units of the Company at a price of $0.60 per Unit for aggregate gross proceeds of $5,000,000 . Rob Gamley, EMP CEO, commented, "We are pleased to complete this financing with the continued support of our existing shareholders and strengthen our shareholder base with new institutional investors. We are [...]
EMP Metals Corp. is pleased to announce subsidiary company Hub City Lithium Corp. has closed the sale of 33 sections of undeveloped land in the Kindersley area to Grounded Lithium Corp. . As consideration for the sale, HCL received $175,000 in cash and 779,557 GLC common shares based on the 10-day volume-weighted average trading price of the Shares on the TSXV Venture Exchange as of the closing date. The Shares are [...]
EMP Metals Corp. is pleased to announce an increase to its previously announced non-brokered private placement financing from 5,000,000 units of the Company to 8,333,333 Units at a price of $0.60 per Unit for aggregate gross proceeds of up to $5,000,000 . Each Unit will continue to consist of one common share of the Company and one-half of one share purchase warrant , with each Unit Warrant entitling the holder to [...]
EMP Metals Corp. is pleased to announce subsidiary company Hub City Lithium Corp. has entered into a purchase and sale agreement with Grounded Lithium Corp. to sell 33 sections of undeveloped land in the Kindersley area . Total consideration for the purchase of the Assets is $425,000 comprised of cash consideration of $175,000 and the issuance of $250,000 of GLC common shares based on the 10-day volume weighted average [...]
EMP Metals Corp. is pleased to announce a non-brokered private placement financing of up to 5,000,000 units of the Company at a price of $0.60 per Unit for aggregate gross proceeds of up to $3,000,000 . Each Unit will consist of one common share of the Company and one-half of one share purchase warrant , with each Unit Warrant entitling the holder to purchase one additional Common Share at a price of $0.90 per Unit [...]
EMP Metals Corp. is pleased to announce the successful drilling and a multi-layer perforation and swab test of a wellbore strategically located on of Hub City Lithium Corp.'s Subsurface Crown Mineral Dispositions located in the Viewfield Area of Saskatchewan. Third-party laboratory testing returned lithium concentrations in the Duperow formation of up to 259 mg/l . According to public records, these Test Results are the [...]
EMP Metals Corp. announces that it has entered into a securities exchange agreement with the shareholders of Hub City Royalty Corp. whereby the Company will acquire all of the shares of Hub City Royalty. Hub City Royalty holds a 25% interest in the net profits of the Company's subsidiary Hub City Minerals Corp. . Rob Gamley, CEO of EMP Metals, stated, "Our acquisition of Hub City Royalty enhances shareholder value by [...]
EMP Metals Corp. is pleased to announce positive results from the recently completed flow test of its second test well, 14-36-009-13W2/0, in the Mansur permit area located in southeast Saskatchewan . Third-party laboratory testing returned lithium concentrations in the Duperow formation up to 148 mg/l.1 The flow test confirmed high lithium concentrations ranging from 77 to 148 mg/l within 3 zones targeted for future [...]
EMP Metals Corp. is pleased to announce that it has obtained approval from the OTC Markets Group for listing of its common shares on the OTCQB under the symbol "EMPPF". It is anticipated that EMP Metals' uplisting to the OTCQB will provide greater liquidity and a more seamless trading experience for U.S. shareholders. Trading on the OTCQB will begin December 21, 2022. EMP Metals' common shares will continue to trade on [...]
EMP Metals Corp. is pleased to announce that Hub City Lithium Corp., a subsidiary company to EMP, has acquired an additional wellbore in its Mansur Permit Area. The new well, 141/08-03-009-13 W2M , is located at the Mansur Permit Area of southeast Saskatchewan and is approximately half a mile from the Company's first test well in the Mansur which confirmed concentrations of up to 96.3 mg/l in the Duperow zone and [...]
EMP Metals Corp. is pleased to announce Hub City Lithium Corp. , a subsidiary company to EMP, has spud its first targeted lithium well in Viewfield, Saskatchewan. Drilling operations are expected to be completed by November 14th, 2022. Following drilling, testing of the Duperow formation to evaluate brine concentration and flow rates will commence. Brine sampling of a vertical wellbore on HCL's Mansur property returned [...]
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