Highlights Firm commitments received for ~A$7.8 million placement at an issue price of A$0.36 per share to advance Winsome's Adina Lithium Project into development. Strong support provided by existing shareholders alongside new domestic and global investors underpins Winsome's pathway to production strategy. The Company intends to undertake a share purchase plan for existing shareholders to raise up to A$2.5 million on [...]
Highlights Winsome has submitted the Preliminary Information Statement for the Adina Lithium Project with the Quebec authorities. This filing officially commences a well defined provincial regulatory process in the Eeyou Istchee James Bay region associated with permitting the proposed mine at Adina, as well as the proposed modifications to the Renard Operation. Following review of the Preliminary Information Statement [...]
Highlights Reduction of initial payment upon exercise of the option from C$15 million to C$1 million. The balance of the Renard consideration payment delayed until 2026 and 2027. Renard Option restructure preserves shareholder value by deferring material payments by 12 months and extending the payment consideration period to 30 months from exercise. Option to Acquire the Renard Project extended to 28 February 2025, at a [...]
Winsome Resources is pleased to announce that it has filed the technical PEA study report on its 100% owned Adina Lithium Project, based on the proposed acquisition of the Renard diamond mine and on a National Instrument 43-101 - Standards of Disclosure for Mineral Projects compliant MRE. The full technical report, which has been prepared in accordance with NI 43-101, is available on SEDAR+ under the Company's issuer [...]
Winsome Resources is pleased to announce the positive results of a PEA on its 100% owned Adina Lithium Project, based on the proposed acquisition of the Renard diamond mine and on a National Instrument 43-101 – Standards of Disclosure for Mineral Projects compliant MRE. The full technical report, which is being prepared in accordance with NI 43-101, will be available on SEDAR+ under the Company's issuer profile within the [...]
Winsome Resources pleased to provide an update regarding project studies underway at its 100% owned Adina Lithium Project including due diligence activities relating to the proposed acquisition of the Renard Operation. As previously announced1 Winsome secured an exclusive option to acquire, at its election, the assets comprising the Renard diamond mine, processing facility and associated infrastructure or all of the [...]
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