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-based junior exploration company with projects in Ontario and Quebec, and its news flow reflects ongoing exploration and corporate activity. The company’s flagship Gowganda West gold project in the Shining Tree Camp of the Abitibi Greenstone Gold Belt is a frequent focus, with updates on drilling campaigns, assay programs and geological observations from discovery hole W23-04 and surrounding targets.
News releases often detail Phase I drilling at Gowganda West, including metres drilled, hole locations, alteration styles and mineralization such as silica alteration, hematization, sericitization and pyrite or chalcopyrite occurrences. Investors can also follow information on the Ghost Mountain property near Kirkland Lake and the Carheil project in Quebec’s Northern Abitibi Greenstone Belt, both described by the company as exploration-stage assets.
Beyond technical exploration updates, iMetal’s news includes announcements of non-brokered private placements and flow-through financings, outlining unit structures, warrant terms and intended use of proceeds for exploration, potential acquisitions and working capital. The company also reports on corporate developments such as marketing and capital markets engagements, conference presentations and letters of intent, including a non-binding letter of intent related to a potential antimony–silver–zinc mining concession in Bosnia and Herzegovina.
Stock Titan’s IMRFF news page aggregates these releases so readers can follow exploration progress at Gowganda West, financing activities and any updates on the company’s broader project portfolio. Regularly reviewing this feed helps track how iMetal Resources advances its gold and multi-metal exploration strategy and how new technical or corporate disclosures may shape the company’s exploration narrative over time.
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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