Welcome to our dedicated page for Metalite Resources news (Ticker: JNCCF), a resource for investors and traders seeking the latest updates and insights on Metalite Resources stock.
Metalite Resources Inc. (JNCCF) is a Canadian junior exploration company actively developing precious metals portfolio while expanding into critical minerals. This news hub provides authorized updates on corporate developments and project milestones essential for tracking the company's evolution.
Investors will find verified information on strategic initiatives including share structure changes, debt-to-equity conversions, and acquisition progress for the Ontario critical metals project. The repository also covers financial updates such as private placement details and auditor changes, providing complete visibility into corporate governance.
Bookmark this page for direct access to Metalite's official communications, enabling informed analysis of their exploration programs and capital management strategies. Check regularly for updates as the company advances its dual focus on precious and critical metal assets.
Metalite Resources Inc. (OTC: JNCCF) has announced shares for debt transactions to settle $126,490.69 of outstanding debt owed to three arm's length consultants. The company will issue 5,749,576 common shares at a deemed price of $0.022 per share. The Settlement Shares will be subject to a four-month hold period following their issuance and will be issued under prospectus exemptions according to Canadian securities law.