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In my Clayton valley sweep I am trying to pick up some Pure Energy, they hold prim o property in the valley but the big money is going into Spearmint.
Watch out with Cypress, was in it a few years ago and a visit to their office was less than impressive, but things change.. have not followed it.
You do have a point there, a typical Vancouver mining company burns through all the cash then comes out with a lame excuse and then folds..
I think this one is different.. there are some smart geologists behind this one and some smart money too..
I have a position but hold a little back in-case we get a dip, long termer for this one and well worth it...
Company current market cap $14 million, lith carb in the ground at $8 billion total. possibly $1 billion recoverable...
Morning news was kinda fluffy but necessary.. but the final statement caught my eye>>
We will remain active on at least three projects within Canada and anticipate beginning a phase 3 drilling program on our flagship Clayton Valley Lithium project as well to further build upon our recently released resource estimate which included a total of 1,006,000 tonnes of Lithium Carbonate Equivalent (LCE)."
https://finance.yahoo.com/news/spearmint-completes-initial-program-escape-070100324.html
and you know that because???
The lithium miner next door, in the same valley
Stock Price NYSE: ALB $187.25
Resource estimate... $6,384,000,000. if all the Lith Carb was sold at $8000 per ton.
now do you see why I am tucking this one away for two to five years.
In 2020, the average price of a battery-grade lithium carbonate was an estimated $8,000 U.S. dollars per metric ton. Lithium is a highly reactive soft and silvery-white alkali metal. As the third element in the periodic table, they have 3 protons in its nucleus and three electrons around it. As a result of being highly reactive, it cannot be found in its pure form in nature. Additionally, it is also very flammable and can cause burns if it comes into contact with skin. Furthermore, it is necessary that it is stored in mineral oil because otherwise it will react with air or water. It is the least dense of solid elements and the lightest out of all metals.
I love it when I am the only one taking out the daily volume...
This is classed as a long term hold with what I think is amazing potential!!!!
Spearmint’s Clayton Valley Lithium Clay Project 43-101 Technical Report includes a maiden resource estimate of 798,000 indicated tonnes and 213,000 inferred tonnes for a total of 1,011,000 tonnes of Lithium Carbonate Equivalent (LCE). Recently, Spearmint has discovered Lithium in all 10 out of 10 drill holes of the phase II drill program on its Clayton Valley Lithium Clay Project in Nevada achieving a 100% success rate,
yes he is another survivor, right now I have 171k @.09 average, but I prefer long term capital gains at .10% rather than the .37% I pay for short termers...
Soooo....., if it ten bags I will stop looking at it for a year... yea right.
On that word I grabbed another 100k. You are very rarely wrong so I will go with it.
BoxC Logistics, Inc. was a part of Batch 6 of 500 Startups in Mountain View, CA.
BoxC allows shippers and logistics providers access to an open international shipping network that is more reliable than postal carriers and cheaper than express carriers. All pay as you go. Unlike a traditional infrastructure, international shipping is available without the burdens of capacity planning, carrier contracts, partner integration, and fragmented customs clearance and tax requirements.
The open international shipping network is accessible to every shipper and logistics provider through BoxC’s platform. No matter if you're building a large, complex shipping network, expanding your delivery service area, or needing better international shipping for your packages.
15c-2-11 kicks in Sept 28 so they are easing into it.
You will not be allowed to buy any stock less than pink current unless you are a qualified investor ( 1mil in assets )
This is going to happen across the entire market not only MYRX
market makers have nothing to do with it, it is all automated based on logarithms of buy and sell pressure, right now the sell pressure has the momentum.
CALGARY, Alberta, July 06, 2021 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) is pleased to announce updates from its newly acquired Solid Ultrabattery subsidiary (SUB):
The company is pleased to announce that it has successfully fabricated its proprietary CMC-1 solid-state electrolyte (SSE) separator in a laboratory environment. The CMC-1 SSE was thermal tested against a commercial polymeric separator which is typically found in today’s competitor lithium-ion battery technology.
The results show that the CMC-1 SSE maintained its structural integrity at elevated temperatures of 200°C with no loss of structural support. The commercial polymeric membrane was observed losing structural integrity at 120°C and subsequently appeared to disintegrate by 200°C. This loss of structural integrity in the current technology can result in a battery fire, due to internal short circuits when the polymeric membrane is breached. Commercialized lithium-ion battery technologies using polymeric membranes require a strict thermal management regiment and typically require battery management systems to begin limiting battery discharge well below 70°C at the cell level for an adequate margin of safety against thermal events.
Solid Ultrabattery’s CMC-1 SSE superior thermal performance at wider temperature ranges ensures better stability while maintaining good ionic conductivity resulting in better capability to prevent internal short circuits. A higher level of product safety can be realized as this configuration will substantially lower the probability of thermal runaway. The CMC-1 SSE batteries will enable battery pack designers to employ lower cost thermal management strategies for failsafe operation of our lithium metal battery.
“We are extremely pleased to have such a promising result early in our development phase and are excited with our future prospects in the rechargeable energy storage space. The potential safety aspect of this battery design exceeds all present commercialized technology. I look forward to the startup and commissioning of our new facility in Guelph, Ontario, where we will rapidly build and validate our technology on a larger scale,” quotes Dr. William Pfaffenberger.
The results of these tests can be found at www.subattery.com.
On behalf of the Board of Directors
Saint Jean Carbon Inc.
William Pfaffenberger, Chairman of the Board and President
Information Contact:
Email: info@saintjeancarbon.com
Tel: (250) 381-6181
Without a public share count it is impossible to put any kind of intrinsic value on the share price. Bottom could drop out with any kind of impatience right now, and no updates means impatience.
KEERAP, missed it at 03, wait for the flip turds to finish with it and it will be back under 05
new company, pay attention here.
Silver Mountain Mines Inc. Completes RTO to Become NevGold Corp. and Closes C$6.3M Financing
CALGARY, Alberta, June 24, 2021 (GLOBE NEWSWIRE) -- Silver Mountain Mines Inc. (the “ Company ”) (TSXV), announces that it has completed the acquisition (the “ Transaction ”) of the privately held NevGold Corp. (“ NevGold ”). In accordance with the terms of the Transaction, NevGold has amalgamated with a wholly-owned subsidiary of the Company, 1288412 BC Ltd., pursuant to the terms of a definitive amalgamation agreement dated February 17, 2021, as amended, among NevGold, the Company and 1288412 BC Ltd., and the Company has changed its name to “NevGold Corp.” (the “ Name Change ”). The Transaction constitutes a reverse take-over of the Company pursuant to the policies of the TSX Venture Exchange (the “ Exchange ”). The common shares of the Company are expected to recommence trading on the Exchange at the opening of the markets on June 28, 2021 under the new ticker symbol “NAU”. The Transaction is subject to the final acceptance of the Exchange.
Brandon Bonifacio, President, CEO, and Director of NevGold, commented: “We are very pleased with the support from our existing and new shareholder base and the level of interest with a financing that was well over our minimum target. Our team is excited to advance and de-risk our highly prospective, district-scale asset base in Nevada and British Columbia by leveraging our strong operational track record of project development success to deliver value for all of our stakeholders. We now look forward to commencing our field programs at the Limousine Butte, Cedar Wash, and Ptarmigan properties over what will be a very active remainder of 2021 for NevGold.”
Steve Konopelky, President, CEO, and Director of Silver Mountain, and incoming Director of NevGold: “I’d like to thank NevGold’s team for all of their continued efforts and all SMM shareholders for their continued support in this transaction. We are very excited about the coming together of two great companies with untapped potential, and a driven management team. We can now move forward and deliver from our assets: people and projects.”
In connection with completion of the Transaction, NevGold completed a brokered financing (the “ Financing ”) through the issuance of 15,662,333 subscription receipts (each, a “ Subscription Receipt ”) at a price of $0.40 per Subscription Receipt, for gross proceeds of $6,264,933.20 with Red Cloud Securities Inc. acting as lead agent, and a syndicate including Haywood Securities Inc. (collectively, the “ Agents ”). Immediately prior to completion of the Transaction, each Subscription Receipt was automatically converted into securities of NevGold, that were exchanged in the Transaction for one common share of the Company and one-half of one common share purchase warrant of the Company (a “ Warrant ”). Each Warrant is exercisable for a period of two years to acquire an additional common share of the Company at an exercise price of $0.60. The proceeds of the Financing were released from escrow concurrently with the completion of the Transaction. Following the release of the proceeds, NevGold paid cash commission of $234,135.90 to the Agents, and issued in aggregate 549,969 broker warrants (the “ Broker Warrants ”). Each Broker Warrant entitles the holder thereof to acquire one common share in the capital of the Company at an exercise price of $0.40 until June 22, 2023.
Following completion of the Transaction, the Company has 49,634,552 common shares issued and outstanding. Following the Name Change, the CUSIP number of the Company’s common shares has changed to 641536107 and its ISIN to CA6415361071.
Acquisition of the Limousine Butte and Cedar Wash Projects
Concurrently with the completion of the Transaction, the Company acquired the Limousine Butte and Cedar Wash projects in Nevada from McEwen Mining Inc. (“ McEwen ”) through the Company’s wholly-owned subsidiary Nevgold USA Inc. pursuant to the terms of asset purchase and sale agreement dated December 14, 2020, as amended, between NevGold, McEwen and certain of McEwen’s affiliates, as further described in the Information Circular (as defined below). On closing of the Transaction, the Company issued to McEwen 4,963,455 common shares of the Company and common share purchase warrants of the Company exercisable to acquire 2,481,727 common shares of the Company, which warrants have an exercise price equal to $0.60 per warrant share until June 22, 2023.
Board of Directors and Management
Following completion of the Transaction, the board of directors of the Company has been reconstituted to consist of Giulio Bonifacio (Chairman), Brandon Bonifacio, Victor Bradley, Steve Konopelky, Greg French, Tim Dyhr, and Morgan Hay.
Management of the Company has also been reconstituted to consist of Brandon Bonifacio as President and Chief Executive Officer, Bob McKnight as Chief Financial Officer and Executive VP Corporate Development, and Catherine Cox as Corporate Secretary.
Grant of Stock Options
In connection with the Transaction, the Company granted an aggregate of 3,800,000 stock options of the Company, effective as of the closing of the Transaction, to certain directors, officers and consultants of the Company as disclosed in the Information Circular. Each of the options is exercisable into one common share of the Company at an exercise price of $0.40 per share for a period of five years following the Transaction. All of the options vested on the date of grant.
Information Circular
The Company has filed an Information Circular on SEDAR (www.sedar.com) dated May 12, 2021, relating to the Transaction (the “ Information Circular ”). Readers are encouraged to review the Information Circular, which provides detailed information about the Transaction and the business of the Company. The Company is anticipated to be listed on the Exchange as a Tier 2 Mining Issuer, under the ticker symbol “NAU”. Trading in the common shares of the Company is currently halted pending completion of customary final filings with the Exchange in respect of the Transaction.
ON BEHALF OF THE BOARD
“Signed”
Brandon Bonifacio, President & CEO
Steve Konopelky, Director
For further information, please contact Brandon Bonifacio at bbonifacio@nev-gold.com or call 604-337-4997.
About the Company
The Company is an exploration and development company targeting large-scale mineral systems in the proven districts of Nevada and British Columbia. NevGold owns a 100% interest in the Limousine Butte and Cedar Wash Projects in Nevada, and the Ptarmigan silver polymetallic project in Southeast BC that was owned by the former Silver Mountain Mines.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release does not constitute an offer to sell and is not a solicitation of an offer to buy any securities in the United States. The securities of the Company and NevGold have not been and will not be registered under the United States Securities Act of 1933, as amended (the “ U.S. Securities Act ”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws unless pursuant to an exemption from such registration.
Cautionary Note Regarding Forward Looking Statements
This news release contains forward-looking statements that are based on the Company’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “suggest”, “indicate” and other similar words or statements that certain events or conditions “may” or “will” occur, and include, without limitation, statements regarding the anticipated date that the Company’s common shares will recommence trading on the Exchange and the final approval of the Exchange to the Transaction. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements, such as the Company not obtaining final Exchange acceptance. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
Primary Logo
GlobeNewswire
June 24, 2021 - 5:30 AM PDT
Silver Mountain Mines Inc. Completes RTO to Become NevGold Corp. and Closes C$6.3M Financing
CALGARY, Alberta, June 24, 2021 (GLOBE NEWSWIRE) -- Silver Mountain Mines Inc. (the “ Company ”) (TSXV), announces that it has completed the acquisition (the “ Transaction ”) of the privately held NevGold Corp. (“ NevGold ”). In accordance with the terms of the Transaction, NevGold has amalgamated with a wholly-owned subsidiary of the Company, 1288412 BC Ltd., pursuant to the terms of a definitive amalgamation agreement dated February 17, 2021, as amended, among NevGold, the Company and 1288412 BC Ltd., and the Company has changed its name to “NevGold Corp.” (the “ Name Change ”). The Transaction constitutes a reverse take-over of the Company pursuant to the policies of the TSX Venture Exchange (the “ Exchange ”). The common shares of the Company are expected to recommence trading on the Exchange at the opening of the markets on June 28, 2021 under the new ticker symbol “NAU”. The Transaction is subject to the final acceptance of the Exchange.
Brandon Bonifacio, President, CEO, and Director of NevGold, commented: “We are very pleased with the support from our existing and new shareholder base and the level of interest with a financing that was well over our minimum target. Our team is excited to advance and de-risk our highly prospective, district-scale asset base in Nevada and British Columbia by leveraging our strong operational track record of project development success to deliver value for all of our stakeholders. We now look forward to commencing our field programs at the Limousine Butte, Cedar Wash, and Ptarmigan properties over what will be a very active remainder of 2021 for NevGold.”
Steve Konopelky, President, CEO, and Director of Silver Mountain, and incoming Director of NevGold: “I’d like to thank NevGold’s team for all of their continued efforts and all SMM shareholders for their continued support in this transaction. We are very excited about the coming together of two great companies with untapped potential, and a driven management team. We can now move forward and deliver from our assets: people and projects.”
In connection with completion of the Transaction, NevGold completed a brokered financing (the “ Financing ”) through the issuance of 15,662,333 subscription receipts (each, a “ Subscription Receipt ”) at a price of $0.40 per Subscription Receipt, for gross proceeds of $6,264,933.20 with Red Cloud Securities Inc. acting as lead agent, and a syndicate including Haywood Securities Inc. (collectively, the “ Agents ”). Immediately prior to completion of the Transaction, each Subscription Receipt was automatically converted into securities of NevGold, that were exchanged in the Transaction for one common share of the Company and one-half of one common share purchase warrant of the Company (a “ Warrant ”). Each Warrant is exercisable for a period of two years to acquire an additional common share of the Company at an exercise price of $0.60. The proceeds of the Financing were released from escrow concurrently with the completion of the Transaction. Following the release of the proceeds, NevGold paid cash commission of $234,135.90 to the Agents, and issued in aggregate 549,969 broker warrants (the “ Broker Warrants ”). Each Broker Warrant entitles the holder thereof to acquire one common share in the capital of the Company at an exercise price of $0.40 until June 22, 2023.
Following completion of the Transaction, the Company has 49,634,552 common shares issued and outstanding. Following the Name Change, the CUSIP number of the Company’s common shares has changed to 641536107 and its ISIN to CA6415361071.
Acquisition of the Limousine Butte and Cedar Wash Projects
Concurrently with the completion of the Transaction, the Company acquired the Limousine Butte and Cedar Wash projects in Nevada from McEwen Mining Inc. (“ McEwen ”) through the Company’s wholly-owned subsidiary Nevgold USA Inc. pursuant to the terms of asset purchase and sale agreement dated December 14, 2020, as amended, between NevGold, McEwen and certain of McEwen’s affiliates, as further described in the Information Circular (as defined below). On closing of the Transaction, the Company issued to McEwen 4,963,455 common shares of the Company and common share purchase warrants of the Company exercisable to acquire 2,481,727 common shares of the Company, which warrants have an exercise price equal to $0.60 per warrant share until June 22, 2023.
Board of Directors and Management
Following completion of the Transaction, the board of directors of the Company has been reconstituted to consist of Giulio Bonifacio (Chairman), Brandon Bonifacio, Victor Bradley, Steve Konopelky, Greg French, Tim Dyhr, and Morgan Hay.
Management of the Company has also been reconstituted to consist of Brandon Bonifacio as President and Chief Executive Officer, Bob McKnight as Chief Financial Officer and Executive VP Corporate Development, and Catherine Cox as Corporate Secretary.
Grant of Stock Options
In connection with the Transaction, the Company granted an aggregate of 3,800,000 stock options of the Company, effective as of the closing of the Transaction, to certain directors, officers and consultants of the Company as disclosed in the Information Circular. Each of the options is exercisable into one common share of the Company at an exercise price of $0.40 per share for a period of five years following the Transaction. All of the options vested on the date of grant.
Information Circular
The Company has filed an Information Circular on SEDAR (www.sedar.com) dated May 12, 2021, relating to the Transaction (the “ Information Circular ”). Readers are encouraged to review the Information Circular, which provides detailed information about the Transaction and the business of the Company. The Company is anticipated to be listed on the Exchange as a Tier 2 Mining Issuer, under the ticker symbol “NAU”. Trading in the common shares of the Company is currently halted pending completion of customary final filings with the Exchange in respect of the Transaction.
ON BEHALF OF THE BOARD
“Signed”
Brandon Bonifacio, President & CEO
Steve Konopelky, Director
For further information, please contact Brandon Bonifacio at bbonifacio@nev-gold.com or call 604-337-4997.
About the Company
The Company is an exploration and development company targeting large-scale mineral systems in the proven districts of Nevada and British Columbia. NevGold owns a 100% interest in the Limousine Butte and Cedar Wash Projects in Nevada, and the Ptarmigan silver polymetallic project in Southeast BC that was owned by the former Silver Mountain Mines.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release does not constitute an offer to sell and is not a solicitation of an offer to buy any securities in the United States. The securities of the Company and NevGold have not been and will not be registered under the United States Securities Act of 1933, as amended (the “ U.S. Securities Act ”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws unless pursuant to an exemption from such registration.
Cautionary Note Regarding Forward Looking Statements
This news release contains forward-looking statements that are based on the Company’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “suggest”, “indicate” and other similar words or statements that certain events or conditions “may” or “will” occur, and include, without limitation, statements regarding the anticipated date that the Company’s common shares will recommence trading on the Exchange and the final approval of the Exchange to the Transaction. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements, such as the Company not obtaining final Exchange acceptance. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
Primary Logo
GlobeNewswire
June 24, 2021 - 5:30 AM PDT
This should light up again with the Rob McEwen investment here and it is public again.. in it for the long haul at this point
A Rob McEwen investment, alt ticker V.NAU. Do the due.
that's what I should have done, I hit the bid and now I am all stinky...
Might just leave it there, gtc worth a shot.
Public Bandito fills the boat, now we ride the wave...
4.5 milly market cap and we know who the company is...
does it get any easier that this?
sure ok.
OK you can believe that, I have experienced different results. FINRA is very much involved prior to any filing, they are the lawyers that protect the public.. the OTC filing is the filing side of a company where the proof is laid bare.
I would like to give you another thought.
As an ex CEO of a public company, I will tell you that lawyers and accountants are on speed dial, legal is saying shut the hell up and accountants are saying how do we verify these 5 year old numbers to pass FINRA inspection.
It is not easy, especially if the goal here is to get to the TSX or NASDAQ, those inspectors do a deep dive into a company and any hint of promotion will blow a cold wind up the company skirt.
The other side to this is Mark has a public company in his pocket to use any which way he wishes, or not at all.
I am holding 800k shares for a long term gain. Next year, or the year after, no matter. I put faith in people which I study from their motives..
Good lord, how many small buys does it take to get a position here, I am getting 10k at a time, someone dump a boatload so I can get my position filled. I am here for the long term, only like to pay 10% cap gains.... the magic is in the research.. we have some time but get ready to get ready.
This one is gonna rip, with a market cap of 2.5 million and 81 million shares out this will easily 10 bag through the process of going public again.
What I am waiting for now is for finra to verify the share count then the process of transfer of ownership of this public shell can be completed.
43-101 report:
4 billion high grade asset
.4 billion low grade asset
2.3 million total tonnage deposit
From the web site
Bank feasibility & piloting complete on graphite
Off-take agreement in place valued at $200 million for material distribution
Off-take offers on the table via the Indian Market
Process flow-design complete
Construction Infrastructure phase has become
Solar Power Plant contract signed
construction teams mobilized
Infrastructure support application submitted to government
Asian development bank application started
This is a district scale opportunity
The market cap represents a companies value, it must be based on something tangible.
hope is not tangible, but I do hope we get there, where-ever there is.
I follow stories not empty shells, but thanks anyway
way too early for excitement, still a riverboat gamble that I am willing to take.. give this one a year.
what I meant by that was ... there are no day flippers on this one, yet, ... when they find it intrinsic value is lost and it all becomes a hype story for as long as they do not loose patience with it.
Find them early hold them long... it seems to be working for me anyway.
Up 25% today and not one cheerleader to be found.. Lovin this one, climbing on intrinsic value
Thank you!! added to the pile, transfer agent verified the share structure yesterday, but we have a prohibited service provider that will need to be dealt with.
Time line, who cares, add the dips on this one
with all my r/m plays I do not get caught up in the story too much, just that there is a story moving forward, they are usually a one to two year play and this one is still early stage.
R/M's has given me a zip code change so I will check in after my move in about two weeks, GOOD LUCK WITH IT.
there is none listed, you better hope this is not just a pocket listing for someone for some future use yet to be determined...
It could sit like this for years.
If time is not your enemy then you will be fine. I would like to see verification of share structure by the market maker of record. From there it gets cleaned up and flipped into something that makes money and pays a dividend.
currently it is, all quotes will disappear and no buying available after Sept 28, unless they show an effort to get current.
share count has not been verified since 2013, that will be one of the first things you will see, it is a FINRA requirement for the market maker of record to verify the share structure