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Fuse Battery Metals Inc - FUSEF STOCK NEWS

Welcome to our dedicated page for Fuse Battery Metals news (Ticker: FUSEF), a resource for investors and traders seeking the latest updates and insights on Fuse Battery Metals stock.

Fuse Battery Metals Inc. is a Canadian-based exploration company trading under the symbols FUSE on the TSX Venture Exchange. The company's focus is on exploring high-value metals used in battery manufacturing. They currently hold interests in lithium properties in Nevada and cobalt properties in Ontario. Their recent achievements include successful drill programs that have shown promising results of cobalt mineralization. Fuse Battery Metals Inc. aims to create shareholder value by expanding their exploration projects and advancing them into long-term assets.

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Fuse Battery Metals Inc. announces plans for the 2024 mineral exploration season in Nevada, focusing on lithium projects.
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Fuse Battery Metals Inc. (TSXV:FUSE)(OTCQB:FUSEF)(FRA:43W3) provides an update to its Shareholders, expressing gratitude for their support and discussing the development of their North American lithium and cobalt properties.
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Fuse Battery Metals Inc. has completed the first phase of its exploration program at its Monitor Valley Lithium Property in Nevada. The program included soil sampling and a geophysical survey to predict lithium accumulation locations. The company will now interpret the data and prepare a new technical report.
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Fuse Battery Metals Inc. announces an Arrangement Agreement with its subsidiary Ignition Battery Metals Inc. Fuse will transfer its interests in Teledyne and Glencore Bucke cobalt properties to SpinCo in exchange for common shares. The Spin-Out Transaction requires shareholder and court approval. Fuse shareholders will receive a share dividend in the new public company.
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Fuse Battery Metals Inc. has expanded its exploration holdings with the acquisition of the Monitor Valley North Lithium Project in Nevada, consisting of 97 placer claims over approximately 770 hectares. The Purchase and Sale Agreement, dated March 22, 2023, includes a reimbursement of $30,081 and the issuance of 500,000 shares upon TSX acceptance. Initial surface samples in the project area showed average lithium values of 664 ppm, with potential linked to geothermal activity. The new CEO, Tim Fernback, expressed optimism about evaluating the project's lithium potential, alongside plans for a NI #43-101 Technical Report.

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Fuse Battery Metals Inc. has announced the acquisition of a new lithium exploration project in Nevada, specifically the Lithium Springs Project, as of February 14, 2023. The company secured a 100% interest in 108 placer claims covering approximately 858 hectares, located in Washoe County. As part of the transaction, Fuse will reimburse the vendor $33,982 and issue 500,000 shares upon TSX Venture Exchange acceptance. Previous exploration revealed lithium values ranging from 82.8 to 520 ppm, with plans for further exploration, including geophysical surveys and drilling. CEO Tim Fernback emphasized the area's potential due to nearby geothermal activity.

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Fuse Cobalt Inc. has announced a name change to Fuse Battery Metals Inc., effective February 2, 2023. The trading symbol FUSE remains unchanged, while the new CUSIP number will be 36112C102. The decision, ratified by the Board of Directors on January 19, 2023, aligns with the company's focus on high-value metals essential for battery manufacturing. Fuse's exploration properties include the Glencore Bucke and Teledyne Projects, both in Ontario, which have significant historical cobalt production potential. Further news regarding a new website and social media presence will be announced soon.

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Fuse Cobalt Inc. (FUSEF) has provided a shareholder update outlining its focus on cobalt and lithium exploration for 2023. The company emphasizes the growing demand for electric vehicle (EV) battery metals driven by increasing EV adoption and supportive legislation like the Inflation Reduction Act. Fuse is actively seeking lithium exploration assets in Nevada and plans to change its name to Fuse Battery Metals Inc.. Recent drilling at the Glencore Bucke Property revealed cobalt mineralization in multiple holes. The company holds approximately CAD$2 million in funds, positioning it well for future exploration projects.

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Fuse Cobalt Inc. (FUSEF) has successfully closed a non-brokered private placement, securing $1,500,000 from the sale of 30 million units at $0.05 per unit. Each unit comprises one share and one warrant, exercisable at $0.065 for five years. The funds will be allocated for exploration, development, and working capital.

Additionally, insider participation amounted to 2,330,000 units, relying on exemptions under Multilateral Instrument 61-101. Finder's fees included cash and share-based compensation.

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Fuse Cobalt Inc. announced the appointment of Tim Fernback to its Board of Directors effective November 10, 2022. Fernback previously served as President & CEO from 2017 to 2018, bringing extensive experience in financing and management from his roles at Wolverton Securities and Discovery Capital. He has significantly raised capital in the past, overseeing over $750M in corporate financing and more than 50 IPOs. This leadership change aims to bolster Fuse's strategic direction in cobalt exploration, particularly in Ontario's mining sector.

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FAQ

What is the current stock price of Fuse Battery Metals (FUSEF)?

The current stock price of Fuse Battery Metals (FUSEF) is $0.0203 as of February 27, 2025.

What is the market cap of Fuse Battery Metals (FUSEF)?

The market cap of Fuse Battery Metals (FUSEF) is approximately 1.1M.

What is the focus of Fuse Battery Metals Inc.?

Fuse Battery Metals Inc. is focused on exploring high-value metals used in battery manufacturing, with current interests in lithium properties in Nevada and cobalt properties in Ontario.

What recent achievements has Fuse Battery Metals Inc. had?

Fuse Battery Metals Inc. has successfully completed drill programs showing promising results of cobalt mineralization on their Ontario properties.

How does Fuse Battery Metals Inc. plan to create shareholder value?

Fuse Battery Metals Inc. aims to expand their exploration projects and advance them into long-term assets, benefiting all shareholders.

What properties does Fuse Battery Metals Inc. hold?

Fuse Battery Metals Inc. holds interests in lithium properties in Nevada and cobalt properties in Ontario.

What is the trading symbol of Fuse Battery Metals Inc. on the TSX Venture Exchange?

Fuse Battery Metals Inc. trades under the symbol FUSE on the TSX Venture Exchange.

What is the recent exploration focus of Fuse Battery Metals Inc. in Nevada?

Fuse Battery Metals Inc. has been focusing on lithium exploration in Nevada, with successful initial exploration work programs at the Monitor Valley and Lithium Springs Projects.

What outcomes have been achieved from the exploration work programs at the Monitor Valley Lithium Project?

The initial exploration work programs at the Monitor Valley Lithium Project have provided valuable geological insights that will guide future exploration programs, potentially leading to an initial drilling program.

Who is the Qualified Person overseeing the exploration programs at Fuse Battery Metals Inc.?

Mr. Steven McMillin, P.G., is the Qualified Person overseeing the exploration programs at Fuse Battery Metals Inc.

What geophysical surveys are being conducted by Fuse Battery Metals Inc.?

Fuse Battery Metals Inc. has contracted KLM Geoscience to perform Magnetotelluric (MT) geophysics surveys at their Lithium Springs Project in Nevada.

What is the exploration plan for the Lithium Springs Project in 2024?

The 2024 exploration plan for the Lithium Springs Project includes surface geochemical sampling, MT geophysical surveys, and potential drilling programs to evaluate lithium accumulation targets.
Fuse Battery Metals Inc

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