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CMC Metals Ltd. (CMCXF) is a growth stage exploration company focused on high-grade polymetallic deposits in British Columbia, Yukon, and Newfoundland. The company's flagship project, the Silverknife Property in the Rancheria Silver District, shows great promise for silver-lead-zinc CRD prospects. With additional projects like Amy, Silver Hart, Bridal Veil, and Logjam, CMC Metals Ltd. is dedicated to sustainable and responsible mining practices, exploring technologies like DMS and ore sorting for enhanced efficiency and productivity.
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CMC Metals Ltd. has filed for TSX Venture Exchange approval to close a financing round for $364,450. The company will issue 1,330,833 flow-through units at 12 cents and 2,047,500 non-flow-through units at 10 cents. Insiders are subscribing for a total of $61,200. The net proceeds will be used for exploration and general working capital.
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CMC Metals Ltd. to close second tranche of financing on September 15th, raising up to C$500,000. First tranche closed for $214,250. Resignation of Mr. Kristian Whitehead from Board of Directors.
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CMC Metals Ltd. files for approval to close first tranche of financing for $214,250. Participation from insiders. Proceeds to fund exploration program and working capital.
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CMC Metals Ltd. is repricing its non-brokered private placement to raise C$500,000. The new terms include selling flow-through units at C$0.12 per share and non-flow-through units at C$0.10 per share. Each unit will also include one-half of one transferrable non-flow-through share purchase warrant. The proceeds will be used for exploration programs and general working capital.
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CMC Metals Ltd. announces the terms of its proposed non-brokered private placement, aiming to raise up to C$750,000. The offering includes flow-through units priced at C$0.15 per unit and non-flow-through units priced at C$0.13 per unit. The proceeds from the sale of flow-through units will be used for Canadian exploration expenses, while the net proceeds from the sale of non-flow-through units will fund the company's exploration program and general working capital.
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FAQ
What is the current stock price of CMC METALS ORD (CMCXF)?
The current stock price of CMC METALS ORD (CMCXF) is $0.0117 as of October 11, 2024.
What is the market cap of CMC METALS ORD (CMCXF)?
The market cap of CMC METALS ORD (CMCXF) is approximately 3.2M.
What is CMC Metals Ltd. focused on?
CMC Metals Ltd. is focused on high-grade polymetallic deposits in British Columbia, Yukon, and Newfoundland, particularly the Silverknife Property in the Rancheria Silver District.
What technologies is CMC Metals Ltd. exploring?
CMC Metals Ltd. is exploring technologies like Dense Media Separation (DMS) and ore sorting for enhanced mineral processing efficiency.
What are some of the company's flagship projects?
The company's flagship projects include the Silverknife Property in the Rancheria Silver District, along with Amy, Silver Hart, Bridal Veil, and Logjam properties.
What sets CMC Metals Ltd. apart in the mining industry?
CMC Metals Ltd. stands out for its dedication to sustainable and responsible mining practices, utilizing cutting-edge technologies for increased efficiency and productivity.
How is CMC Metals Ltd. contributing to the mining sector's sustainability?
By exploring technologies like DMS and ore sorting, CMC Metals Ltd. aims to enhance the sustainability and environmental responsibility of its mining projects.
CMC METALS LTD ORD
OTC:CMCXF
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CMCXF Stock Data
3.15M
149.22M
5.86%
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