Welcome to our dedicated page for Bemetals news (Ticker: BMTLF), a resource for investors and traders seeking the latest updates and insights on Bemetals stock.
BeMetals Corp. explores and develops precious and base metals projects, with a portfolio that includes the Savant Gold Project in northwestern Ontario, the Pangeni Copper Project in the Zambian Copperbelt, and gold exploration projects in Japan. Company news commonly covers surface sampling and reconnaissance work, exploration planning, project-level technical updates, and acquisition evaluation within its mineral portfolio.
Recurring corporate updates also include flow-through financings for Canadian exploration expenditures, debt settlement, share consolidation and TSX Venture Exchange trading matters, investor relations arrangements, executive management changes, shareholder voting matters, governance updates, and operating and financial results.
Prospector Metals and BeMetals (OTCQB:BMTLF) plan a non-brokered private placement of up to 8,000,000 subscription receipts at $0.50, for gross proceeds up to $4,000,000. The financing supports BeMetals’ acquisition of Prospector’s non‑Yukon projects and a planned name change to Lightning Resource Corp.
Receipts convert into Finco units, then into Resulting Issuer shares and warrants after TSXV, shareholder, and court approvals.
BeMetals (OTCQB:BMTLF) provided an update on its proposed acquisition of Prospector Metals’ non-Yukon exploration projects and marketable securities for 29,400,000 post-consolidation shares. The company completed a 1-for-10 share consolidation, obtained conditional TSXV acceptance, and set a July 3, 2026 shareholder meeting for disinterested approval and board reconstitution. Subject Assets include a 100% interest in the Savant Gold Project, the Devon, Whitton and TooGood projects interests, a proprietary geological database, 5,000,000 TooGood Gold shares, potential future option payments, and $150,000 of Devon Project grant funding.
BeMetals (OTCQB: BMTLF) said trading on the TSX Venture Exchange will resume at market open on May 5, 2026. The company received TSXV approval for a 1-for-10 share consolidation effective at the start of trading on May 8, 2026.
Post-consolidation shares will trade under BMET with CUSIP/ISIN 081379307/CA0813793076 and issued shares will be reduced from 294,423,604 to approximately 29,442,360. Letters of transmittal and instructions for surrendering existing certificates will be distributed to registered holders.
BeMetals (TSXV:BMET) agreed to acquire Prospector Metals' non-Yukon exploration projects in exchange for 29,400,000 post-consolidation shares, representing ~49.9% of the post-close company. The deal includes a 10-for-1 share consolidation, a name change to Lightning Resource Corp., board reconstitution and continued major ownership by B2Gold.
Closing is subject to TSXV approval, shareholder or court orders and other customary conditions.
BeMetals (OTCQB:BMTLF) reported high‑grade surface sampling from its Savant Gold Project in northwestern Ontario on February 12, 2026. Highlights include a 34.7 g/t Au grab sample at Wiggle Creek, 68 grab samples assayed from October 2025, and a district‑scale land package of ~24,197.5 hectares.
The project sits along a 40‑km regional structure (Kashaweogama Lake Fault Zone), has year‑round highway access, nearby rail, power and mining service centres, limited historical drilling (59 holes, 6,357 m), and a spring/summer 2026 program planned for biogeochemical sampling, prospecting and drill target generation.
BeMetals (OTCQB:BMTLF) reached agreements with B2Gold to settle C$2,022,814 of outstanding debt by issuing 28,897,343 common shares at C$0.07, convert C$5,300,000 of convertible debentures into 21,200,000 shares, and convert C$838,208 of accrued interest into 3,352,832 shares. B2Gold also agreed to forgive US$4,414,054 of remaining debt. After the Transactions, B2Gold will hold 108,726,290 shares (≈36.93%) of a total 294,423,604 outstanding shares and the company will be debt-free.
The Debt Settlement and interest conversion have conditional TSXV approval pending a final bulletin expected on December 23, 2025.
BeMetals (TSXV:BMET / OTCQB:BMTLF) engaged WIN Expertise, operated by Suzette Ramcharan, to provide investor relations and corporate communications services, subject to TSX Venture Exchange acceptance.
The engagement runs for an initial six months at $6,000 per month, payable from working capital, with the company able to continue monthly thereafter. WIN is stated to be at arm's length and holds no interest in the company or its securities.
Separately, Derek Iwanaka, Vice President, Investor Relations and Corporate Development, resigns effective November 30, 2025.
BeMetals (OTCQB:BMTLF) closed a non-brokered flow-through private placement on October 24, 2025, issuing 12,126,284 FT shares at $0.07 per share for gross proceeds of C$848,840.
The company intends to spend the proceeds on Canadian exploration expenses at the Savant Gold Project in Ontario, with Qualifying Expenditures to be incurred on or before December 31, 2026 and renounced to subscribers effective no later than December 31, 2025. Securities are subject to a hold period expiring on February 25, 2026.
The company paid aggregate cash finder's fees of $39,821, and certain directors subscribed for 1,785,000 FT shares (gross proceeds $124,950), creating a related party transaction for which the company relied on MI 61-101 exemptions.
BeMetals (OTCQB: BMTLF / TSXV: BMET) raised approximately C$1,133,000 from sales of marketable securities, bringing its cash balance to about C$1,520,000. The company announced a non-brokered flow-through private placement of up to 10,700,000 FT shares at $0.07 per share for gross proceeds up to C$749,000 to fund qualifying Canadian exploration expenditures on the Savant Gold Project in Ontario.
Initial Savant field work (ground sampling and mapping) begins in early October. FT expenditures must be incurred by Dec 31, 2026 and renounced no later than Dec 31, 2025. Closing is subject to TSXV approval and FT shares carry a four-month hold.
BeMetals (OTCQB:BMTLF) announced significant executive management changes, with CEO John Wilton resigning effective September 30, 2025. Kristen Reinertson, a founding Director and Corporate Secretary since 2016, has been appointed as Interim CEO. The company granted her 300,000 incentive stock options at $0.05 per share.
The company provided updates on three key projects: The Savant Gold Project in Ontario, spanning 232 km² in a prolific gold-producing region; the Pangeni Copper Project in Zambia, which has outlined a 3-kilometer mineralized footprint; and the Kazan Gold Project in Japan, where BeMetals has secured an option agreement with a partner to fund and advance exploration while retaining project equity exposure.