Welcome to our dedicated page for Imetal Res news (Ticker: IMRFF), a resource for investors and traders seeking the latest updates and insights on Imetal Res stock.
iMetal Resources Inc. (IMRFF) is a Canadian junior exploration company advancing gold and multi-metal projects in Ontario and Quebec's prolific mining regions. This page provides investors and stakeholders with direct access to all official news releases and regulatory filings, offering a transparent view of the company's exploration progress and strategic decisions.
Stay informed on critical developments including drilling results from flagship projects like Gowganda West, financial updates from private placements, and operational milestones across its portfolio. The curated news collection serves as a reliable resource for tracking resource estimates, partnership announcements, and technical advancements in line with industry standards.
Bookmark this page to monitor IMRFF's exploration trajectory through verified updates. Check regularly for new filings that reflect the company's ongoing commitment to gold discovery and responsible resource development in Canada's premier mining jurisdictions.
iMetal Resources (OTCQB: IMRFF) has announced a non-binding letter of intent to acquire a mining concession in Bosnia and Herzegovina's Fojnica municipality. The Cemernica Mine project spans 0.97 square kilometers and contains a historical estimate of 305,000 tonnes at 4.05% Antimony, 6% Zinc, and 112 g/t Silver.
The company also provided updates on its private placement, confirming the issuance of 15,350,800 units at $0.10 and announcing a new placement at $0.105 per unit. Each unit includes one common share and one warrant exercisable at $0.20 for 24 months, with an acceleration clause if the stock exceeds $0.50 for ten consecutive trading days.
iMetal Resources (OTCQB: IMRFF) has engaged Spark Newswire Inc. for marketing consulting services. The six-month agreement, commencing July 1, 2025, involves a monthly fee of US$25,000. Spark, based in Vancouver, will provide promotional and marketing services to enhance investor engagement and market awareness for iMetal.
Spark is known for its selective approach, working exclusively with one organization per market sector and focusing on companies with strong reputations. The firm will integrate with iMetal's core brand narratives and assist in building shareholder equity and market awareness for the company's gold and critical minerals projects.
iMetal Resources (OTCQB: IMRFF) has successfully closed the first tranche of its non-brokered private placement, raising $1,525,330 through the issuance of 15,253,300 units at $0.10 per unit. Each unit comprises one common share and one transferable warrant exercisable at $0.20 until July 15, 2027.
The company plans to complete a second tranche at $0.105 per unit, targeting total gross proceeds of $5 million. The proceeds will fund exploration activities, potential acquisitions, and working capital. Additionally, iMetal granted 1.5 million stock options at $0.14 and 1 million restricted share units to directors, officers, and consultants.
The placement included insider participation of 1.5 million units, with finders' fees of $74,153 and 741,531 warrants paid to third parties.iMetal Resources (OTCQB: IMRFF) has announced a non-brokered private placement offering of up to 50,000,000 units at $0.10 per unit, aiming to raise gross proceeds of up to $5,000,000.
Each unit consists of one common share and one transferable share purchase warrant. The warrants allow holders to purchase additional shares at $0.20 per share for 24 months, with an acceleration clause if the stock price exceeds $0.50 for ten consecutive trading days.
The company plans to use the proceeds for exploration of current properties, potential new acquisitions, and general working capital. The offering is subject to regulatory approvals, and securities will have a four-month hold period.
iMetal Resources (TSXV: IMR) (OTCQB: IMRFF) has announced the granting of 700,000 incentive stock options to its directors, officers, and consultants. The options are immediately vested and can be exercised at $0.21 per share with an expiration date of February 5, 2030. This grant is in accordance with the company's stock option plan.
iMetal Resources (IMRFF) has completed the first tranche of its non-brokered private placement, raising $670,002.90 through the issuance of 4,466,686 Units at $0.15 per Unit. Each Unit includes one common share and one transferable warrant, exercisable at $0.20 for two years. The proceeds will fund exploration work and general working capital. The securities have a hold period until April 21, 2025.
The company paid finders' fees totaling $21,577.50 and issued 143,850 Warrants to various financial firms. Company insiders participated in the placement, acquiring 666,667 Units, constituting a related party transaction exempt from formal valuation requirements under MI 61-101.
iMetal Resources has announced a non-brokered private placement offering to raise up to $1.5 million through the sale of 10 million units at $0.15 per unit. Each unit includes one common share and one transferable share purchase warrant, with each warrant allowing the purchase of an additional share at $0.20 for two years from closing. The proceeds will fund exploration and drilling at the company's properties and general working capital. The securities will have a four-month and one-day hold period, and finder's fees may be paid subject to TSX Venture Exchange approval.
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