Cornish Metals Inc.

Cornish Metals Inc. is pleased to announce the following: Admission of its Common Shares to trading on the AIM Market of the London Stock Exchange; Dealings will commence at 08:00am GMT today, Tuesday, 16 February 2021, under the ticker "CUSN". The Company's Common Shares will continue to be listed and traded on the TSXV; Closing of the oversubscribed ?8.0 million placing of Common Shares with institutional and other [...]

Cornish Metals Inc. is pleased to announce that, further to its announcement on February 5, 2021, the Company has received conditional approval from the TSX Venture Exchange for the proposed placing and subscription of its common shares with new and existing investors raising proceeds in an aggregate amount of ?8.2 million. The Fundraising remains subject to, among other things, admission to trading of its Common Shares [...]

Cornish Metals Inc. is pleased to announce that, further to its announcement on January 13, 2021, the Company has conditionally raised ?8.0 million through a placing and subscription of common shares with new and existing investors, and an additional investment of approximately ?206,000 through an offer to high net worth investors by Minexia Limited, representing an aggregate ?8.2 million. Completion of the Placing and [...]

Cornish Metals Inc. is pleased to announce that Barkerville Gold Mines , a wholly owned subsidiary of Osisko Development Corp. , has exercised 9,577,143 previously issued common share purchase warrants for gross proceeds of $670,400 to the Company. Such warrants were issued pursuant to the Company's private placement financing completed on February 3, 2020. As a result of the exercise, Barkerville now owns 53,833,333 [...]

Cornish Metals Inc. is pleased to announce that, subject to certain conditions, one being a successful listing on London’s AIM exchange , it has reached an agreement with Osisko Gold Royalties Ltd. to convert the outstanding amount of C$7.17 million under the 2018 note financing into a royalty. Upon listing on AIM the Note will convert into a 1.5% Net Smelter Return royalty on the South Crofty Tin Project and a 0.5% NSR [...]

Cornish Metals Inc. is pleased to announce its intention to apply for admission of its common shares to trading on the Alternative Investment Market of the London Stock Exchange . Concurrently with Admission, and subject to receipt of all necessary regulatory approvals, including approval of the TSX Venture Exchange , the Company is proposing to raise ?5 million by way of private placement of new Common Shares to advance [...]

Cornish Metals Inc. is pleased to report the second set of assays from the diamond drilling programme conducted by Cornish Lithium at the United Downs project earlier in 2020. HIGHLIGHTS Multiple zones of copper and / or tin mineralisation have been intersected Mineralisation extends over at least 750 metres vertical extent and is open along strike and to depth Identification of at least five new zones of copper and / or [...]

Cornish Metals Inc. is pleased to report the second set of assays from the diamond drilling programme conducted by Cornish Lithium at the United Downs project earlier in 2020. HIGHLIGHTS Multiple zones of copper and / or tin mineralisation have been intersected Mineralisation extends over at least 750 metres vertical extent and is open along strike and to depth Identification of at least five new zones of copper and / or [...]

Cornish Metals Inc. is pleased to report that warrant holders exercised a total of 6,272,857 warrants, of which 5,222,222 warrants were part of the early warrant exercise incentive program as announced October 1, 2020 , for total gross proceeds of $439,100. As of November 9, 2020, following completion of the Incentive Program, 140,091,442 common shares are outstanding. Related parties of the Company were restricted in [...]

Cornish Metals Inc. is pleased to announce the appointment of John McGloin to the Board of Directors as a non-executive Director. Mr. McGloin is based in the UK and currently serves as a non-executive Director of Perseus Mining Limited, and Amphi Capital Ltd., a non-executive independent Director of Caledonia Mining Plc., and the non-executive Chairman of Oriole Resources Plc, and is the former Chairman and Chief [...]