Azarga Metals Corp.

Azarga Metals Corp. is pleased to announce the appointment of Gordon Tainton as a director and as the Company President and Chief Executive Officer, succeeding Michael Hopley who has stepped down to pursue other interests. Mr. Tainton is an experienced, successful business leader who, since the early 2000's has held senior management and board positions in both public and private companies within the mining and extractive [...]

Azarga Metals Corp. as announced on 12 April 2021, the Company has issued to Baker Steel Resources Trust Limited a total of 1,505,730 common shares to settle its semi-annual interest payment of C$188,216 on a US$3.5 million convertible loan. About Azarga Metals Corp. Azarga Metals is a mineral exploration and development company that owns 100% of the Unkur Copper-Silver Project in the Zabaikalsky administrative region in [...]

Azarga Metals Corp. has delivered a notice to Baker Steel Resources Trust Limited indicating that it wishes to exercise its option to pay the semi-annual interest owed on the US$3.5 million convertible debt to BSRT in shares. Interest owed on 10 April 2021 is C$188,216 that will be settled by the issue of 1,505,730 common shares priced at $0.125 per share, being the closing price on 8 April 2021. Pursuant to the loan [...]

Azarga Metals Corp. is pleased to announce that the Preliminary Economic Assessment , incorporating an updated Mineral Resource estimate for Azarga Metals 100% owned Unkur Copper-Silver Project in Eastern Russia being completed by consultants Wardell Armstrong International continues to progress. The PEA study will now consider various operating scenarios at Unkur including a low capital and operating cost heap-leaching [...]

Azarga Metals Corp. has now closed its non-brokered private placement as announced by the Company on February 16 and February 24, 2021. The Company has issued 20,833,329 units at a price of $0.06 per Unit raising proceeds totaling $1,250,000 . Each Unit consists of one common share of the Company and one-half of one Share purchase warrant . One Warrant entitles the holder thereof to purchase one Share of the Company at a [...]

Azarga Metals Corp. is pleased to announce that due to strong market demand Azarga Metals has increased its planned non-brokered private placement announced on February 17, 2021 from up to $500,000 to up to $1,300,000. On closing the private placement, the Company will issue up to 21,666,666 units at a price of C$0.06 per unit . Each Unit consists of one common share of the Company and one-half of one Share purchase [...]

Azarga Metals Corp. is pleased to announce that Wardell Armstrong International has been awarded a contract to complete an updated Preliminary Economic Assessment for the Company's 100% owned Unkur Copper-Silver Project in Eastern Russia. Michael Hopley, President and CEO said: "We are enthusiastic about Wardell Armstrong's involvement in the Unkur project because of their wide international experience and their knowledge [...]

Azarga Metals Corp. is pleased to announce that results from its reconnaissance geochemical exploration program have shown previously unknown areas of copper and silver mineralization on both the eastern and western limbs of the Unkur syncline on its 100% owned Unkur Copper-Silver Project located in Eastern Russia. Dr. Alexander Yakubchuk, VP Exploration said: "These results confirm that mineralization at Unkur is more [...]

Azarga Metals Corp. as announced on 9 October 2020, the Company has issued to Baker Steel Resources Trust Limited a total of 2,747,575 common shares to settle its semi-annual interest payment of C$192,330 on a US$3.5 million convertible loan . BSRT Early Warning Disclosure Pursuant to the conversion of C$192,330 in interest owing to BSRT by Azarga Metals pursuant to the Loan, BSRT acquired 2,747,575 common shares of [...]

Azarga Metals Corp. reports that a reconnaissance geochemical exploration program has started on its 100% owned Unkur Copper-Silver Project located in Eastern Russia. The object of the work is to identify additional areas of copper and silver mineralization outside of the current Mineral Resource and its extension, particularly on the eastern side of the 5,390 hectare property, which remains underexplored. Michael Hopley [...]