Resouro Strategic Metals Inc. is pleased to provide an update in relation to the Company's planned listing on the Australian Securities Exchange and announce that the concurrent placement has closed. The Company lodged a Prospectus with the Australian Securities and Investments Commission on May 1, 2024 to raise AUD$8.0 million via the offer of 16,000,000 CHESS Depository Interests over common shares in the capital of the [...]
Resouro Strategic Metals Inc. is pleased to provide an update on activities at the Tiros Rare Earths and Titanium project in Brazil . Highlights: Recommencing of drilling for infill drilling for calculation of a potential JORC compliant resource. Latest drill results include the following; FDTIR-05: Diamond drill, 13 meters at 5,512ppm TREO, 1,158NdPr and 16.73% TiO2 from 19 meters; FDTIR-12: Diamond drill, 20 meters at [...]
Resouro Strategic Metals Inc. is pleased to provide an update in relation to the Company's planned listing on the Australian Securities Exchange . The Company lodged a Prospectus with the Australian Securities and Investments Commission on May 1, 2024, to raise AUD$8.0 million via the offer of 16,000,000 CHESS Depository Interests over common shares in the capital of the Company at an offer price of AUD$0.50 per CDI . The [...]
Toronto, Ontario - - Resouro Strategic Metals Inc. is pleased to announce that the Company has lodged a prospectus with the Australian Securities and Investments Commission in relation to its proposed dual listing on the Australian Securities Exchange . Under the Prospectus the Company will offer 16,000,000 CHESS Depository Interests over common shares in the capital of the Company at an offer price of AUD$0.50 per CDI to [...]
Resouro Strategic Metals is pleased to provide an update on activities at the Tiros Rare Earths and Titanium project. Resouro has received additional assay results from Resource Definition Drilling and Regional Exploration Drilling from the 450 km2 Tiros Project. The resource target at Tiros is the Cabacete Formation that is at surface or near surface, flat lying layer of transported volcanoclastic material extends over [...]
Resouro Strategic Metals Inc. is pleased to announce that it closed its previously announced partially-brokered private offering of 3,571,428 common shares in the capital of the Company at a price of $0.42 per Common Share for aggregate gross proceeds of approximately $1,500,000. The Company would like to thank existing shareholders for their continued support of Resouro. This offering represents a 50% premium to [...]
Resouro Strategic Metals is pleased to announce that it intends to issue, by way of a partially-brokered private placement, common shares of the Company at a purchase price of $0.42 per Common Share for gross proceeds of up to $1,500,000. Resouro expects the Offering to close on or about March 21, 2024. The net proceeds of the Offering will be for general corporate purposes. The Offering Price and the Completion of the [...]
Resouro Strategic Metals is pleased to provide an update on activities at the Tiros Rare Earths and Titanium project. Highlights from the latest drilling results include: ACTIR33 - 40 m at 4,343ppm TREO 1,000ppm NdPr and 11.46% TiO2, from 10 metres ACTIR36 - 40 m at 4,576ppm TREO and 928ppm NdPr and 15.15% TiO2, from 6 metres Exploration The drilling campaign at Tiros has been designed to increase the geological [...]
Resouro Strategic Metals is pleased to announce that it has completed the previously announced fundamental acquisition of an interest in the Tiros Rare Earths and Titanium Project. On March 7, 2024, the Company received the approval from the TSX Venture Exchange of the documentation filed concerning the Tiros Acquisition. As previously announced, a proposed grant of 4,000,000 non-transferable options, pursuant to the [...]
Resouro Strategic Metals Inc. is pleased to provide an update on activities at the Tiros Rare Earths and Titanium project in Brazil . Key highlights from recent assays received include; 38 metres at 6,444 ppm TREO with 1,524 ppm NdPr and 17.5% TiO2 from 40m 34 metres at 4,216 ppm TREO with 1,020 ppm NdPr and 10.6% TiO2 from 24m 28 metres at 4,585 ppm TREO with 1,012 ppm NdPr and 12.7% TiO2 from 29m 12 metres at 8,150 ppm [...]
Resouro Strategic Metals Inc. announces that the board of directors of the Company have approved the adoption of a new stock option plan pursuant to the policies of the TSX Venture Exchange . The aggregate number of common shares which may be subject to issuance pursuant to options granted under the Amended and Restated Option Plan shall be 20% of the outstanding common shares of the Company as at December 15, 2023 or [...]
Resouro Strategic Metals, further to its press releases dated August 2, 2023 and October 19, 2023, is pleased to provide an update regarding the Company's acquisition of an interest in the Tiros Rare Earths and Titanium Project and other related corporate activities. The Company confirms that it has entered into definitive agreements relating to the Tiros Acquisition, however completion of the Tiros Acquisition remains [...]