Makenita Resources Inc. wishes to announce the following company updates. The Company is expecting to commence operations in Ontario in the coming months now that the listing on the CSE is complete. An update on the exact timing of this will be forthcoming. Makenita has granted a total of one million nine hundred and forty thousand stock options to its directors, officers and consultants at an exercise price of ten and [...]
Cruz Battery Metals and Makenita Resources announce that, further to Cruz's news release dated Dec 17, 2024, the previously announced plan of arrangement, involving the spin-off of Makenita from Cruz, closed today. In addition, Makenita has received conditional approval from the Canadian Securities Exchange for the listing of its common shares on the CSE, subject to customary requirements of the CSE, including receipt of [...]
Cruz Battery Metals has announced a plan of arrangement consisting of a sale and transfer of all the Issuer's interest in its Hector Silver-Cobalt Project to its wholly-owned subsidiary, Makenita Resources Inc. in consideration for shares of Makenita. In connection with the Transaction, the Issuer will among other things rename and re-designate its common shares as 'Class A Common Shares without par value'; and create a [...]
Cruz Battery Metals announces that, further to its news releases dated August 1, Sept 6, Oct 4 and Oct 25, 2024, it is proceeding to complete its previously announced plan of arrangement to be effected under Part 9, Division 5 of the Business Corporations Act with its wholly-owned subsidiary, Makenita Resources Inc. On Oct 29, 2024, the Company obtained an interim order from the British Columbia Supreme Court authorizing [...]
Cruz Battery Metals announces that, further to its news releases dated August 1, Sept 6, Oct 4 and Oct 25, 2024, it is proceeding to complete its previously announced plan of arrangement to be effected under Part 9, Division 5 of the Business Corporations Act with its wholly-owned subsidiary, Makenita Resources. On Oct 29, the Company obtained an interim order from the British Columbia Supreme Court authorizing the [...]
Cruz Battery Metals wishes to announce that, further to its news release dated August 1, 2024 and Sept 6, 2024 it has entered into an arrangement agreement with its wholly-owned subsidiary, Makenita Resources, pursuant to which the Company intends to: transfer all of its rights, title and interest in and to its Hector Silver-Cobalt Project, consisting of 126 contiguous unpatented mineral claims totaling 2,243 ha, located [...]
Cruz Battery Metals wishes to announce that, further to its news release dated August 1 and Sept 6, 2024 it has entered into an arrangement agreement with its wholly-owned subsidiary, Makenita Resources, pursuant to which the Company intends to: transfer all of its rights, title and interest in and to its Hector Silver-Cobalt Project, consisting of 126 contiguous unpatented mineral claims totaling 2,243 ha and spin-out [...]
Cruz Battery Metals is pleased to announce that, further to its news release dated August 1 and Sept 6, 2024 it has entered into an arrangement agreement with its wholly-owned subsidiary, Makenita Resource, pursuant to which the Company intends to: transfer all of its rights, title and interest in and to its Hector Silver-Cobalt Project, consisting of 126 contiguous unpatented mineral claims totaling 2,243 ha and spin-out [...]
Cruz Battery Metals is pleased to announce that, further to its news release dated August 1 and Sept 6, 2024 it has entered into an arrangement agreement with its wholly-owned subsidiary, Makenita Resources, pursuant to which the Company intends to: transfer all of its rights, title and interest in and to its Hector Silver-Cobalt Project, consisting of 126 contiguous unpatented mineral claims totaling 2,243 ha and [...]
Cruz Battery Metals is pleased to announce that, further to its news release dated August 1, 2024, it has entered into an arrangement agreement dated Sept 5, 2024 with its wholly-owned subsidiary, Makenita Resources, pursuant to which the Company intends to: transfer all of its rights, title and interest in and to its Hector Silver-Cobalt Project, consisting of 126 contiguous unpatented mineral claims totaling 2,243 ha [...]
Cruz Battery Metals is pleased to announce that, further to its news release dated August 1, it has entered into an arrangement agreement dated Sept 5, 2024 with its wholly-owned subsidiary, Makenita Resources, pursuant to which the Company intends to: transfer all of its rights, title and interest in and to its Hector Silver-Cobalt Project and spin-out all of the securities of Makenita received in consideration for the [...]
Cruz Battery Metals is pleased to announce its intention to undertake a strategic reorganization of certain of the Company's mineral exploration assets pursuant to which the Company proposes to spin-out its Hector Silver-Cobalt Project, into a recently incorporated, wholly-owned subsidiary, Makenita Resources Inc. James Nelson, President of Cruz states, "This spinout makes sense for our shareholders. To unlock the value [...]
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