DNI Metals Inc. is a Canadian-based junior resources company focused on developing a vertically-integrated graphite company, with a three-pronged approach:
1. Exploration & Extraction
2. Refining & Processing
3. Wholesale Distribution
After recognizing the high quality of natural flake graphite from central-eastern Madagascar, it acquired the Vohitsara graphite property, received a full mining permit, and commenced exploration to delineate a commercially viable graphite resource.
In March 2017, DNI signed a DA (Definitive Agreement), with Australian-based Cougar Metals NL (ASX: CGM) to develop the Vohitsara Graphite Project.
Cougar has recently begun a 3,000 meter drilling program, including a 1,000 meter trenching program, a NI 43-101 resource study, and a NI 43-101 PEA (Preliminary Economic Assessment). Pursuant to the DA, this work should be completed by late 2017. Upon completion of the PEA, a 50/50 Joint Venture will be immediately formed between DNI & Cougar. Preliminary samples of strong graphitic carbon head-grade results (3% to 13.14% Cgr) from four trenches covering a strike length of 700 meters, averaging 300 to 400 meters in width, at Vohistara, yielded the following results:
Flake Distribution, Description, and Size
25.3% Jumbo +30 mesh / +595 microns
29.5% Jumbo +50 mesh / +297 microns
12.6% Large +70 mesh / +210 microns
9.9% Medium +100 mesh / +149 microns
5.8% Small +140 mesh / +105 microns
16.9% Small -140 mesh / -105 microns The Company formed DNI Madagascar Sarl, a wholly owned subsidiary in Madagascar, in order to carry out business in that country. They are also in the process of forming a Mauritian company for investment and tax advantages. DNI plans to start output at 10,000 to 12,000 metric tons per year, which will enable them to be extremely competitive in the current graphite market owing to its lower CapEx and OpEx costs, as the ore can go straight into the flotation process following excavation - this is The Saprolite Advantage.
DNI Metals is focused on becoming a cash-flow positive company, with the pending purchase of a fully operating commercial mining-related laboratory: Process Research ORTECH Inc.
The 37,000 sq. ft. technical lab and testing facility, located in the Greater Toronto Area, is fully permitted - up to and including Uranium/Radioactive Materials - and is currently being used by mining and clean technology companies for assay work, pilot plant modeling, technical studies and environmental work. 62 Canadian & US patents have been developed at this facility to date.
Developing a large flake graphite project requires a significant amount of money being spent at laboratories. Drilling assays, and pilot plant/metallurgical work must be done. By having its own lab, DNI will be able to fast track the development of the Vohitsara property, and save the company and its shareholders thousands of dollars, while providing its customers with a secure, reliable, and consistent supply of graphite. Upgrading the graphite in-house will result in higher profit margins for DNI in both the expandable and spherical graphite markets.
In addition, 20% of the building is rented out at competitive rates, already generating income, and this acquisition will add about CAD $ 3.5 million of hard assets to DNI's balance sheet.
They also have a wholesale graphite business importing high-quality natural crystalline flake graphite to North America. DNI currently has an agreement to provide Great Lakes Graphite (GLK.V & GLKIF) 34,000 metric tons of -100 mesh 95% Carbon, over a five year period, for their micronized graphite product line.
DNI Metals has established a distribution network that currently sources graphite material from Nacional de Grafite, a private Brazilian company, which has annual production capacity of over 70,000 metric tons.

Additional assets include a 0.5% net smelter return gold royalty interest against future production proceeds from the Cane Springs Property and the Kiewit Project Area, Utah. SBH Property, Alberta
The Company’s 100% undivided direct interest in 21 metallic and industrial mineral permits, over 1,218 square kilometers located in the Athabasca region gives DNI the exclusive right to explore for metallic and industrial minerals for a fourteen year term subject to traditional bi-annual assessment work performance requirements. The SBH/Buckton Project contains long-term sources of molybdenum, nickel, uranium, vanadium, zinc, copper, cobalt, specialty metals, like: scandium, lithium, thorium, and rare earth elements.
Currently, there are two potential buyers, and the Company is assessing all potential opportunities.
Other interests include: the Attawapiskat Property, consisting of around 16 sq. km. land position in the Attawapiskat region, located in the James Bay Lowlands in Ontario; a 50% interest in claims located to the east of the Louvicourt Mine in Val-d'Or, Quebec; and certain patented claims in the Red Lake Gold District, Ontario.

Website
Corporate Office:
DNI Metals Inc.
119 Pinewood Trail
Mississauga, Ontario
L5G 2L2
Contact Information:
Investor Relations
Phone: (+1) 416-595-1195
Videos:
YouTube
Management Team:
Daniel J. Weir, Chairman, CEO, President, Secretary, and Interim CFO ( LinkedIn )
Paul L. Hart, Director
Dr. Ravi B. Gopal, Director
Keith Minty, Director
Raymond E. Mitchell, Director
Steven Goertz, Manager (Madagascar)
Peter Eriksson, Manager (Brazil)
John Carter, Special Advisor
John Gillett, Inforrmation Manager
Subsidiaries:
Dumont Mining Company (Utah)
DNI Metals Madagascar Sarl
Pending: "Mauritian Company"
Financial Position: (as of December 31, 2016, in Canadian Dollars)
Total Assets: $ 4,400,435
(Note: Includes a capital impairment charge on the SBH Alberta Property of $4,153,548 based on a third party valuation.)
Total Liabilities: $ 992,103
Shareholder's Equity: $ 3,408,332
Auditor: McGovern Hurley Cunningham
Company Documents @ SEDAR
Capitalization: (as of July 05, 2017)
Issued & Outstanding: 62,968,155
Reserved for Issuance: 24,934,542
As of December 31,2016:
Shareholders: Over 3,000. 25 to 30 own 300,000 shares or more. 5 to 7 shareholders own more than 1,000,000. Dan Weir controls 5,878,300.
BOD, Management, and Advisors collectively hold ~ 25%.
Warrants: 10,423,984 at exercise price of CAD 0.10, expiring July to November 2017
Options: 2,151,500 at exercise prices of CAD 0.06 to 4.40, expiring May 2017 to Jun 2021
Transfer Agent: Equity Financial Trust Company
Stock Symbols:
$DNI (DNI.C) on CSE (Canadian Securities Exchange)
$DMNKF on OTC (Pink Sheets)
$DG7N on FWB (Frankfurt Stock Exchange)
[Last updated on: July 05, 2017]