Sunday, September 26, 2010 6:12:32 PM
http://www.google.com/finance/company_news?q=CVE:FMM
http://www.marketwatch.com/story/full-metal-issues-options-to-employees-and-consultants-of-company-2010-09-13?reflink=MW_news_stmp
http://www.reuters.com/finance/stocks/keyDevelopments?rpc=66&symbol=FMM.V×tamp=20100923130100
Full Metal Minerals Ltd. Signs Option Agreement With Anglo American plc's Subsidiary
Thursday, 23 Sep 2010 09:01am EDT
Full Metal Minerals Ltd. announced that it has signed an Option Agreement, dated September 9, 2010, with Pebble Limited Partnership (PLP), a 50:50 partnership between a wholly owned subsidiary of Anglo American plc and a wholly owned affiliate of Northern Dynasty Minerals Ltd. pursuant to which PLP can an earn a 60% interest in Full Metal's 351 km(2) Pebble South Property. PLP may earn a 60% interest in the Property by funding USD3.0 million in exploration expenditures over three years, in addition to the recently completed ZTEM survey funded by PLP. Additionally, PLP will make annual cash payments to Full Metal of USD50,000 per year for the duration of the earn in period. PLP at its sole discretion may purchase claims outside of specified exclusion areas (the highest priority exploration areas), by paying Full Metal $25 per acre, with total acreage not to exceed 20,000 acres, following appropriate condemnation work. The Option Agreement is subject to PLP completing its due diligence review on or before October 11, 2010.
Full Metal Minerals Ltd. Announces Private Placement Financing
Tuesday, 13 Jul 2010 12:10pm EDT
Full Metal Minerals Ltd. announced a non brokered private placement, subject to regulatory approval, of up to 11,200,000 units at a price of $0.18 per unit. Each unit will consist of one common share and one half of one transferable share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share exercisable for a period of two years following the closing of the private placement at a price of $0.25 per common share. A finder's fee of 6% of the gross proceeds may be payable in cash or shares on a portion of the financing. The net proceeds from the financing will be used for exploration expenses on the Company's projects and for general working capital.
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