Perseverance Metals Inc. announces that it has issued incentive stock options under the Company's Long-Term Incentive Plan to certain Officers, Directors, Advisors, employees, and consultants of the Company. An aggregate of 1,775,000 Options have been issued at an exercise price of $0.65 per share. All of the Options are subject to vesting over 36 months and will expire 60 months from the date of issuance. The Options are [...]
Perseverance Metals Inc. is pleased to announce that it has closed the second and final tranche of a non-brokered private placement for aggregate gross proceeds of $4,715,503. The Company previously announced a First Tranche closing of the Private Placement on March 10, 2026 for aggregate gross proceeds of $3,499,987. Together with proceeds from the first tranche, the Company has raised total gross proceeds of $8,215,490 [...]
Perseverance Metals Inc. is pleased to announce that it has closed the first tranche of a non-brokered private placement for aggregate gross proceeds of $3,499,987 and upsized the second tranche to $4,715,503 for expected total gross proceed of $8,215,490. The First Tranche was comprised of: i) 4,615,385 hard dollar units of the Company priced at $0.65 per HD Unit for gross proceeds of $3,000,000; and ii) 641,008 Ontario [...]
Perseverance Metals Inc. is pleased to announce that it has expanded its previously announced private placement of units from C$3,500,000 to up to C$7,500,000 . Teck Resources Ltd. , a leading Canadian resource company and existing investor in Perseverance Metals, and NQ Investissement Minier , a regional institutional mining investment fund created to support the development of the mining industry in Northern Quebec [...]
Perseverance Metals Inc. is pleased to announce that it has expanded its previously announced private placement of units from C$3,000,000 to up to C$3,500,000 . The Offering will be comprised of: i) up to 4,615,385 hard dollar units of the Company priced at C$0.65 per HD Unit for gross proceeds of up to C$3,000,000; and ii) up to 641,025 Ontario flow-through units of the Company priced at C$0.78 per Ontario FT Unit for [...]
Perseverance Metals Inc. announces that it will complete a non-brokered private placement financing of up to C$3,000,000 . The Offering will consist of up to C$3,000,000 in hard dollar units priced at C$0.65 per HD Unit. Each HD Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder to acquire one additional common share at a price [...]
Perseverance Metals is pleased to provide a review of its accomplishments in 2025 and outline its objectives for 2026. 2025 was a watershed year that saw the Company raise over $8M for exploration, complete a public listing on the TSXV, and deliver numerous high-grade Ni-Cu-Co-PGE discoveries at its Lac Gayot project. The Company is poised to continue to deliver early and ongoing shareholder value in 2026 through the [...]
Perseverance Metals is pleased to provide assay results from nine diamond drill holes from the Lac Gayot project. These holes were drilled to follow up on the Nasique Zone magmatic Ni-Cu-Co-PGE mineralization first intersected in 2024 where discovery drilling intersected 1.61% Ni, 0.11% Cu and 0.48 g/t Pt+Pd+Au over 5.10 m. The Nasique Zone Discovery is part of the 6km long by 2km wide Venus East Mineralized Trend in the [...]
Perseverance Metals is very pleased to provide assay results from six additional diamond drill holes, including 2.1m of massive sulphides previously announced. These holes were drilled to target Ni-Cu-Co-PGE magmatic sulphide mineralization within the Baseline Zone Discovery, part of the 6km long by 2km wide Venus East Mineralized Trend in the eastern portion of the district scale Lac Gayot project. The first 2 holes from [...]
Perseverance Metals is very pleased to announce that it has executed an agreement with Keweenaw Land Association to lease 1,286 hectares of highly prospective mineral titles in the Upper Peninsula of Michigan, increasing its overall land position in the region to 69,275 ha. Numerous drill targets closely analogous to the Eagle mine have been identified by Perseverance Metals and are slated for drill testing in the first [...]
