Welcome to our dedicated page for Vortex Metals news (Ticker: VMSSF), a resource for investors and traders seeking the latest updates and insights on Vortex Metals stock.
Vortex Metals Inc. (VMSSF) is a copper-focused exploration and development company with a diverse portfolio of projects in Chile and Mexico. The company, parent to Empresa Minera Acagold in Mexico, owns high-potential copper-gold properties. Recent achievements include seeking TSX Venture Exchange approval to upscale private placements. Current projects include the Illapel Copper Project in Chile, after receiving final Exchange approval for an 80% interest acquisition. Vortex is committed to systematic exploration, detailed mapping, and environment-friendly mining practices.
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Vortex Metals Inc. has successfully closed an upsized non-brokered private placement, issuing 19,369,411 Units at $0.09 per Unit, generating gross proceeds of $1,743,249.99. The Units consist of one common share and one-half of one non-transferable Share purchase warrant, with each warrant entitling the holder to purchase an additional share at $0.135 per share. Insiders subscribed for 1,570,300 Units, totaling $141,327. The company paid finder's fees of $24,184.01 and issued 276,711 Broker Warrants. The net proceeds will be used for general working capital and exploration expenses.
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Vortex Metals Inc. announces an upsized $1.75 million non-brokered private placement, increasing the size of the financing to 19,444,444 units at $0.09 per unit. Each unit consists of one common share and one-half of one non-transferable common share purchase warrant. The warrants are exercisable to acquire one additional common share for $0.135 per share within 24 months of issuance.
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Vortex Metals Inc. Announces Non-Brokered Private Placement Offering
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Vortex Metals Inc. receives authorization for mineral exploration activities in Oaxaca, Mexico, marking a significant milestone in community relations and project advancement.
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Vortex Metals Inc. (VMSSF) announces significant achievements in 2023 including the acquisition of the Illapel Copper Project in Chile, expansion of asset portfolio in Mexico, and global market expansion. The company aims to enhance shareholder value by advancing towards permitting VMS projects in Mexico and drilling the highly prospective Illapel project in Chile in 2024.
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Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTCQB: VMSSF) announces the signing of a definitive agreement to acquire up to an 80% interest in the Illapel Copper Project in Chile. The project boasts favorable geology, exploration permits, access to infrastructure, and a prospective land package. The company plans to commence drilling in 2024, targeting stratabound copper-silver mineralization and epithermal gold targets.
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Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTCQB: VMSSF) announces participation in the 121 Mining Investment Conference in London. The event will host over 175 mining companies and 500 investors for targeted meetings, providing a unique opportunity to showcase its projects and initiatives. Vikas Ranjan, Co-founder and CEO, highlights the significance of the event for engaging with industry leaders and fostering strategic partnerships.
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Vortex Metals to participate in 121 Mining Investment Conference in New York City
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Vortex Metals Inc. initiates field studies at the Riqueza Marina project in southern Oaxaca, focusing on the Rhyolite Dome area and copper-bearing gossans of the Laminas zone. Six trenches have been completed totaling 188 meters and 117 rock chip samples. Sampling results anticipated in October. The Company aims to provide better geologic context for Cu-bearing gossan at Las Laminas and the geophysical anomaly in the Rhyolite Dome target area. Ongoing compilation of historic rock sampling suggests an easterly dip for the mineralized package. Additional mapping, sampling, hyperspectral studies, and geophysics planned. Vortex Metals Inc. is the parent company of Mexican subsidiary Empresa Minera Acagold, S.A. de C.V., which owns high-potential copper-gold VMS properties in Oaxaca. Forward-looking statements caution investors of inherent risks and uncertainties.
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Vortex Metals to attend CM-Equity AG's 23rd Investment Conference in Munich, Germany
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FAQ
What is the current stock price of Vortex Metals (VMSSF)?
The current stock price of Vortex Metals (VMSSF) is $0.0391 as of February 28, 2025.
What is the market cap of Vortex Metals (VMSSF)?
The market cap of Vortex Metals (VMSSF) is approximately 4.2M.
What is Vortex Metals Inc. involved in?
Vortex Metals Inc. is a copper-focused exploration and development company with a diversified portfolio of projects in Chile and Mexico.
What recent achievement has Vortex Metals Inc. made?
Vortex Metals Inc. has applied for TSX Venture Exchange approval to increase the size of its previously announced private placement financing.
What are the current projects of Vortex Metals Inc.?
Vortex Metals Inc. is actively working on the Illapel Copper Project in Chile after receiving final Exchange approval for an 80% interest acquisition.
What is the commitment of Vortex Metals Inc. towards exploration?
Vortex Metals Inc. is committed to advancing its projects through systematic exploration, detailed mapping, and environmentally sustainable mining practices.
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