Welcome to our dedicated page for Pace Metals news (Ticker: BGADF), a resource for investors and traders seeking the latest updates and insights on Pace Metals stock.
Brigadier Gold Ltd Ord (BGADF) is a mining company based in Vancouver, BC. The company specializes in exploration and development of lithium-bearing mineralization, with a focus on their Nemaska2 Lithium Property in James Bay, Quebec. Recently, the company resumed exploration activities at Nemaska2 after easing emergency fire evacuation orders. Brigadier aims to prove the existence of bulk tonnage, near-surface lithium mineralization through their ongoing Phase-1 program.
The company has partnered with Géologica Groupe-Conseil, a technical expert in the field, to conduct the exploration activities. With a strong commitment to the James Bay region and a promising lithium market, Brigadier Gold is dedicated to discovering and developing high-quality lithium deposits.
Pace Metals (BGADF) has entered into a definitive agreement for a reverse takeover with Compton Mining Corp. The transaction involves a three-cornered amalgamation where Compton shareholders will receive approximately 20,500,000 shares at $0.25 per share. Following the completion, Pace will be renamed to Total Metals Corp.
The deal is subject to several conditions, including Compton completing a $1,250,000 private placement at $0.25 per unit, with each unit including a warrant exercisable at $0.35 for 2 years. The new management team will be led by Tyler Thorburn as CEO, Brandon Schwabe as CFO, and Michael Dehn as Independent Director.
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