Metalite Resources Inc. is pleased to announce that it has entered into a non-binding letter of intent with Cachee Gold Mines Corp. dated March 23, 2026, to acquire all of the issued and outstanding shares of Cachee's wholly-owned subsidiary, Launay Gold Corp. , which owns a 100% interest in a large Abitibi-based gold property . About Launay Gold Property: Launay Gold Property is comprised of 352 claims covering [...]
Metalite Resources Inc. is pleased to announce that it has closed its previously announced non-brokered private placement of 4,900,669 units of the Company for total gross proceeds of $735,100. Each Unit was sold at a price of $0.15 and comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common Share, at [...]
Metalite Resources Inc. is pleased to announce that due to strong investor demand, the Company is upsizing its previously announced non-brokered private placement of units of the Company at a price of $0.15 per Unit from total gross proceeds of up to $465,000 to total gross proceeds of up to $700,000, or such other lesser or greater amount as the Company may determine. Concurrent with the closing of the Private Placement [...]
Metalite Resources Inc. announces today that it is undertaking a non-brokered private placement, to be completed in one or more tranches, of up to 3,100,000 units of the Company at a price of $0.15 per Unit, for aggregate gross proceeds of up to $465,000, with the ability to further upsize at the Company's sole discretion ) . Each Unit will be comprised of one common share and one-half of one Common Share purchase warrant [...]
Metalite Resources is pleased to announce that the Government of New South Wales, Australia, has approved the renewal of Exploration Licence EL 9144, held by its wholly owned Australian subsidiary, Great Southern Precious Metals Pty Ltd. The licence has been renewed over the full 14-unit area for a further term of two years, effective from July 25, 2025 to April 30, 2027. This renewal ensures continued access to a [...]
Metalite Resources has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every ten pre-consolidated common shares. As a result, the number of outstanding shares will be reduced to approximately 3,103,510 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on July 29, 2025 [...]
Metalite Resources announces the consolidation of the outstanding common shares in the capital of the Company on the basis of one post-consolidation Common Share for every ten pre-consolidation Common Shares as at July 25, 2025. It is anticipated that the Common Shares will begin trading on a consolidated basis at market opening on July 30, 2025. The new CUSIP of the Common Shares will be 591236302 and the new ISIN will [...]
Metalite Resources is pleased to announce that its Board of Directors has appointed Mr. Kyle Appleby as Chief Financial Officer effective June 11, 2025. "We are pleased to welcome Mr. Appleby to the team," said Chris Hazelton, CEO of Metalite. "He is a highly experienced CFO with more than two decades of expertise in finance, accounting, auditing, and regulatory compliance. His leadership will be a valuable asset to the [...]
Metalite Resources is pleased to announce that it has completed the previously announced shares for debt transactions to settle an aggregate of $126,490.69 of indebtedness owing to three arm's length consultants. Pursuant to the shares for debt settlements a total of 5,749,576 common shares in the capital of Metalite were issued at a deemed price of $0.022 per share. The Settlement Shares were issued subject to prospectus [...]
Metalite Resources is pleased to announce that the Company has arranged shares for debt transactions to settle an aggregate of $126,490.69 of indebtedness owing to three arm's length consultants. Pursuant to the shares for debt settlements a total of 5,749,576 common shares will be issued at a deemed price of $0.022 per share. The Settlement Shares will be issued subject to prospectus exemptions available pursuant to [...]
Metalite Resources announces changes to its board of directors as part of its strategic pivot towards the uranium sector. Jeremy Goldman has resigned from the board of directors, effective January 8th, 2025, to make way for Bill van Breugel, whose extensive expertise in mineral exploration aligns with Metalite's strategic focus. The Company expresses its deep gratitude to Mr. Goldman for his valuable service and [...]
Metalite Resources Inc. is pleased to announce that further to the Metalite's press release dated November 27, 2024 that the proposed acquisition of a 100% interest in Lyra Mining Corp. , a private company with which Metalite signed a binding letter of intent will also include the Aerobus Lake Project . The Aerobus Lake Project, which was not previously owned by Lyra, will be vended into Lyra as part of the acquisition [...]