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MASON RES INC - MGPHF STOCK NEWS

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Mason Resources Inc. (MGPHF) is a Canadian corporation focused on seeking investment opportunities in the natural resource sector. It owns a significant stake in Nouveau Monde Graphite Inc. and is the largest shareholder of Black Swan Graphene Inc. Mason invests primarily in battery-related metals, precious and base metals, and green technologies. With strategic partnerships and investments, Mason aims to contribute to the sustainable energy revolution by supporting innovative projects in the industry.

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Mason Resources has announced a CAD $1 million investment in Sand Minerals, a private company focused on lithium brine projects in Argentina. Sand Minerals was founded by William Randall and the former team of Arena Minerals, which was previously acquired by Lithium Americas Corp. for CAD $311 million. The team was also involved in Lithium-X Energy Corp., which sold for CAD $265 million.

As part of the investment, Mason has secured rights to nominate one director to Sand Minerals' board when maintaining a 10% ownership threshold. The strategic timing of this investment aligns with the current undervaluation of lithium assets in the market.

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Mason Resources Inc. highlights a significant Commercial Agreement between Black Swan Graphene Inc and Broadway Colours . The agreement focuses on utilizing Black Swan's graphene nanoplatelets (GNP) in Broadway's Graphene Enhanced Masterbatches (GEMs) for plastic manufacturing. This collaboration aims to bring graphene's benefits to a wider customer base in the plastics industry.

Key aspects of the agreement include:

  • Joint marketing initiatives to promote eco-friendly products
  • Leveraging both companies' commercial teams to advocate for GEMs in global markets
  • Utilizing research and development capabilities and application support

Mason Resources owns 39% of Black Swan Graphene, making this agreement potentially significant for Mason's stakeholders as well.

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Mason Resources highlights a new commercial partnership between Black Swan Graphene and Graphene Composites for ballistic protection technology. Black Swan, in which Mason owns a 39% stake, will supply graphene for GC Shield, a patented ballistic protection product. GC Shields offer lightweight, resilient protection against multiple ballistic threats and are used in law enforcement and defense. The graphene-enhanced masterbatch products have garnered significant interest, and high-profile customer initiatives are underway. Black Swan ensures quality, cost, and production reliability through its ISO-certified processes and competitive pricing.

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Mason Resources announced a $1,000,000 investment in NorthX Nickel Corp. (formerly Archer Exploration Corp.) under a $2,275,000 private placement. Mason acquired 4,166,667 units at $0.24 per unit, each consisting of one common share and one share purchase warrant exercisable at $0.36 until May 14, 2027. This investment gives Mason a 14.6% stake in NorthX, potentially increasing to 25.5% if all warrants are exercised. Mason committed to not exceeding 19.9% of NorthX’s shares through warrant exercises. The investment aligns with Mason’s focus on Quebec's battery materials sector, leveraging the Grasset Project's high-grade nickel resource.

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Mason Resources Inc. congratulates Black Swan Graphene on the successful launch of their Graphene-Enhanced Commercial Masterbatches called GraphCore, which offer price-performance improvements without supply chain disruption. The products are available through globally represented distributors and are currently undergoing external industrial trials in various polymers.

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Mason Resources Inc. congratulates Nouveau Monde Graphite Inc. on securing groundbreaking milestones with binding offtake agreements with Panasonic Energy and GM, along with strategic financings. Mason is a 9.25% strategic shareholder of NMG. NMG's recent press releases detail significant partnerships and investments.
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Mason Resources Inc. closed the sale of the Lac Guéret Property to Nouveau Monde Graphite Inc. in exchange for 6,208,210 common shares of NMG, representing approximately 9.25% of the issued and outstanding common shares of NMG.
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Nouveau Monde Graphite Inc. (NMG) has agreed to acquire 100% of Mason Resources’ Lac Guéret graphite deposit, positioning itself as a leading graphite producer. The Uatnan Mining Project shows strong economic potential, with a targeted production of 500,000 tonnes of graphite concentrate per annum over a 24-year life of mine. The acquisition aims to meet the growing demand for battery-grade graphite, especially in North America, and solidify NMG's position in the market.
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Mason Resources Inc. (LLG) has entered into an asset purchase agreement with Nouveau Monde Graphite Inc. (NMG) for the sale of the Lac Guéret Property, providing Mason shareholders with a 143% premium on the implied market value of the property. The agreement includes the receipt of 6,208,210 common shares of NMG and an additional $5,000,000 in cash. The deal strategically positions Mason for future gains and exposure to NMG's commercial discussions with tier-1 battery and electric vehicle manufacturers. The transaction eliminates future financing requirements and care and maintenance costs related to the Lac Guéret Property, reinforcing NMG's fully vertically integrated production model in North America.
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Mason Resources Inc. (LLG) Announces Approval of New Rolling Stock Option Plan
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FAQ

What is the current stock price of MASON RES (MGPHF)?

The current stock price of MASON RES (MGPHF) is $0.0633 as of October 15, 2024.

What is the market cap of MASON RES (MGPHF)?

The market cap of MASON RES (MGPHF) is approximately 7.6M.

What is Mason Resources Inc. focused on?

Mason Resources Inc. is focused on seeking investment opportunities in the natural resource sector, with a primary focus on battery-related metals, precious and base metals, and green technologies.

What companies does Mason Resources Inc. have significant ownership in?

Mason Resources Inc. holds a significant ownership stake in Nouveau Monde Graphite Inc. and is the largest shareholder of Black Swan Graphene Inc.

What is Mason Resources Inc.'s role in the sustainable energy revolution?

Mason Resources Inc. aims to contribute to the sustainable energy revolution by supporting innovative projects in the industry through strategic investments and partnerships.

What sectors does Mason Resources Inc. target with its investments?

Mason Resources Inc. primarily targets the natural resource sector, focusing on battery-related metals, precious and base metals, and green technologies with its investments.

What is Mason Resources Inc.'s approach to investment?

Mason Resources Inc. strategically invests in projects and companies to support advancements in the natural resource and sustainable energy sectors, aiming to make a positive impact in the industry.

MASON RES INC

OTC:MGPHF

MGPHF Rankings

MGPHF Stock Data

7.56M
103.99M
14.36%
23.24%
Other Industrial Metals & Mining
Basic Materials
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United States of America
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