Latest news with #NeotechMetalsCorp
Yahoo
2 days ago
- Business
- Yahoo
Neotech Metals Appoints Cushing as Advisor & Issues Options
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2025) - Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) (FSE: V690) ("Neotech" or the "Company"), a mineral exploration company, is pleased to welcome Dr. Alexander Cushing (PhD, MFin, as a technical advisor to the board. Dr. Alexander Cushing joins is a highly respected metallurgist with a proven track record bridging academic innovation and real-world application in mineral processing. With multiple published works on alternative metallurgical processes including adsorption techniques critical to unlocking value in the rare earth and critical minerals sector—Dr. Cushing brings a depth of technical insight that directly supports the advancement of Neotech's portfolio of projects. His industry experience includes tenure at SGS Lakefield, one of the world's leading metallurgical laboratories, and his current role as an independent consultant advising on complex mining projects worldwide. In this capacity, he evaluates metallurgical performance, underwrites reclamation bonds, and assesses both technical and financial risk across precious metals, base metals, and rare earth developments, positioning him to play a key role in maximizing the economic potential of Neotech's projects. "We're excited to welcome Dr. Cushing to the team as we continue to strengthen our technical expertise," said Reagan Glazier, CEO. "His depth of metallurgical knowledge and industry experience will be instrumental in advancing our projects, driving innovation in processing, and ultimately unlocking significant future value for our shareholders." The Company also announces it has granted 1,525,000 options to directors, officers, employees and consultants of the Company. The options vest of a period of 12 months are exercisable at $0.40 for a five-year term. For more Information, please contact:Reagan Glazier, Chief Executive OfficerE-mail: info@ 403-815-6663 About Neotech Metals Corp. Neotech Metals Corp. is a mineral exploration company dedicated to discovering and developing valuable mineral resources in promising regions around the world. With a strong commitment to environmental stewardship and sustainable practices, Neotech is positioned to make a positive impact while maximizing the potential of its exploration properties. The Company is a mineral exploration company based in Vancouver, B.C., and owns 100% of it's TREO Rare Earth Element Property, located 90km North East of Prince George, British Columbia, and 100% of it's Foothills project located near the Monashee Mountain Range. The Company also holds options on the EBB nickel-cobalt property in British Columbia, Canada. Forward-Looking Statements Certain of the statements and information in this press release constitute "forward-looking information". Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "anticipates", "believes", "plans", "estimates", "intends", "targets", "goals", "forecasts", "objectives", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be considered forward-looking information. The Company's forward-looking information is based on the assumptions, beliefs, expectations and opinions of management as of the date of this press release and include but are not limited to information with respect to achieving a construction decision, and the timing and results thereof. Other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking information if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information. For the reasons set forth above, investors should not place undue reliance on forward-looking information. The CSE has not reviewed, approved, or disapproved the contents of this press release. To view the source version of this press release, please visit
Yahoo
14-05-2025
- Business
- Yahoo
Neotech Metals Announces $1 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 14, 2025) - Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) (FSE: V690) ("Neotech" or "the Company") is pleased to announce that it intends to complete a non-brokered private placement (the "Offering") , in one or more tranches, of up to 6,666,666 units of the Company (the "Units"), at a price of $0.15 per Unit, for gross proceeds of up to $1,000,000 (the "Offering"). The Company reserves the right to increase the size of the Offering, subject to Canadian Stock Exchange ("CSE") approval. Each Unit will be comprised of one common share and one common share purchase warrant (a "Warrant"), with each Warrant entitling the holder to purchase one common share (a "Warrant Share") at a price of $0.25 for a period of two years. The Warrants will be subject to an acceleration provision whereby, if for any 10 consecutive trading days following the closing of the Offering, the closing price of the Company's common shares (the "Shares") exceeds $0.40 per Share on the CSE, the Company may announce by way of news release that the expiry date of the warrants will be accelerated to 30 days thereafter. The Units, including all underlying securities thereof, will have a hold period of four months and one day from the date of issue. Finder's fees may be payable to arm's length parties who introduce subscribers to the Company, in accordance with the policies of the CSE. The Offering is expected to close on or about June 26, 2025. The Offering is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the CSE. The Company may pay finder's fees in respect to the Offering. The Company intends to use the net proceeds from the Offering for exploration expenditures at the Company's projects, as well as corporate and general working capital purposes. Closing of the Offering is subject to certain customary conditions. The securities to be issued under the Offering will be offered by way of private placement in such provinces or territories of Canada and such other jurisdictions as may be determined by the Company, in each case, pursuant to applicable exemptions from the prospectus requirements under applicable securities laws. Securities issued under the Offering will be subject to a statutory hold period which will expire four months and one day from the date of closing of the Offering. The securities subject to the Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. ON BEHALF OF THE BOARDReagan Glazier, Chief Executive Officer and DirectorNeotech Metals Corp. About the Neotech Metals Neotech Metals Corp. is a mineral exploration company dedicated to discovering and developing valuable mineral resources within promising jurisdictions around the world. With a strong commitment to environmental stewardship and sustainable practices, Neotech is positioned to make a positive impact while maximizing the potential of its exploration properties. The company has a diversified portfolio of Rare-Earth Element and Rare Metals projects, including the Hecla-Kilmer, located 20 km from the Otter Rapids 180MW hydroelectric power generation station and active Ontario Northway railway, along with its TREO and Foothills projects located in British Columbia. All three projects are 100% wholly-owned. Qualified Person Technical Information for this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101. Jared Galenzoski VP Exploration, and Qualified Person, has reviewed and approved all of the data and statements made for this news release. Contact Information Reagan Glazier, CEO and Directorreagan@ 403-815-6663 *TREO (Total Rare-Earth Oxides) has been used to express the results in the press release. TREO is calculated by converting the elemental ppm to Rare-Earth Oxides using a conversion factor and is the summation of CeO2 + La2O3 + Pr6O11 + Nd2O3 + Sm2O3 + Eu2O3 + Gd2O3 + Tb4O7 + Dy2O3 + Ho2O3 + Er2O3 + Tm2O3 + Yb2O3 + Lu2O3 + Y2O3. **PMREO (Permanent Magnet Rare-Earth Oxides) has been used to express the results in the press release. TREO is calculated by converting the elemental ppm to Rare-Earth Oxides using a conversion factor and is the summation of Pr6O11 + Nd2O3 + Tb4O7 + Dy2O3 Forward Looking Statements Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will", "will be" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. The CSE has not reviewed, approved, or disapproved the contents of this press release. NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES To view the source version of this press release, please visit
Yahoo
24-02-2025
- Business
- Yahoo
Neotech Metals Corp. Drills 86 Meters of 1.06% TREO from Bedrock Surface Approximately 300 Meters from the Pike Zone Mineralized Corridor in Its Inaugural Drill Program at Hecla-Kilmer
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2025) - Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) (FSE: V690) ("Neotech" or "the Company") is pleased to announce preliminary geochemical assay results from its exploratory diamond drilling program of the Niobium and Rare Earth Element ("REE") carbonatites located at the Hecla-Kilmer ("H/K") Project near Otter Rapids in the James Bay Lowlands of Northern, Ontario. A total of 12 new drill holes (of which 11 are still to be reported) were completed in 2024 by Neotech to supplement the 24 legacy drillholes completed by VR Resources ("VR") in previous exploration campaigns. The 2024 drillholes (see Map Figure 1) were designed to test for intervals of Total Rare Earth Oxide ("TREO") and Niobium Oxide ("Nb2O5") within the alkaline intrusive carbonatite complex, targeting 3 primary areas identified through historical magnetic and gravity surveys. Target areas include the Pike Zone (7 drill holes, 3061 meters), Northeast Zone (3 holes, 1281 meters), and South Rim Zone (2 holes, 698 meters). Drill hole locations and assays reported in the press release are shown on Map 1. Hole HK24-034, located approximately 300m south of the Pike Zone region, have confirmed the presence of multiple mineralized intervals that contain elevated levels of niobium and/or rare earth elements. These intervals are coincident with altered and/or mineralized intervals that were identified visually by Neotech core loggers in the field. The results for this hole include: Highlights from HK24-034 From (m) To (m) Interval (m) TREO* (%) PMREO** (%) 44 130 86 1.06 0.18 184 208 24 0.64 0.12 Sample analysis and data compilation remains ongoing, and any additional mineralized intervals identified in the remaining drill holes will be reported in subsequent news releases. "The discovery of bedrock-surface mineralization near the Pike Zone presents significant opportunities for the Hecla-Kilmer Project," stated CEO Reagan Glazier. "The strong PMREO values in HK24-034 are consistent with previous intercepts and highlight a clear path to enhancing the project's overall value." Map Figure 1 - Drill Map of Hecla-Kilmer's Pike Zone from 2024 Drill Season To view an enhanced version of this graphic, please visit: Methodology and Quality Assurance/Quality Control ("QA/QC") Drillholes were drilled at various inclined angles with the assay intervals as total core widths. The material produced from the diamond drillholes was sampled at two metre intervals with the core split in half, resulting in average sample sizes of 2-4 kg. Half of the core is sent to the analytical laboratory, and the other half is kept in storage as required by industry standards and by Ontario provincial regulations. The original core was logged, photographed, and sampled on location by Neotech personnel. The bagged and catalogued samples were delivered to Activation Laboratories Ltd. ("Actlabs") in Timmins, Ontario, for initial preparation and final analysis. All sample preparation and analytical work referenced in this report were conducted by Actlabs, an independent geoanalytical laboratory accredited to ISO-IEC 17025:2017 and ISO 9001:2015 standards. In addition to Actlabs' internal QA/QC protocols, Neotech Metals incorporated its own control samples in each batch submitted for analysis. Quality control samples, including blanks, duplicates, and standards (Certified Reference Materials) were inserted into the sample series at set intervals. For all analysis methods, the minimum number of QA/QC samples was two CRM standards per hole, one duplicate and/or one blank for every 10 samples taken, for a total of 10% QA/QC samples for the entire dataset. The procedures were implemented during the sample collection, preparation and analytical stages to ensure the robustness and reliability of the analytical results. QA/QC data was also verified by an independent third party to ensure the validity of the datasets. All analytical results reported herein have passed internal QA/QC review and compilation. All assay results of drill core samples were provided by Actlabs, a Certified Laboratory, which performed their measure of the concentration of rare earth elements (REE) with the analytical method that uses lithium borate fusion prior to the second stage sodium peroxide fusion and Inductively Coupled Plasma Mass Spectrometry (ICP-MS). Major Element Oxides were done using the lithium borate analytical method and Inductively Coupled Plasma Optical Emission Spectroscopy (ICP-OES). Upcoming 2025 Exploration Season Neotech is currently developing plans for an expansion/resource-definition drilling program and preliminary mineralogical-metallurgical test work on the diamond drill core from this program. Ongoing geological modelling and targeting will continue as the Company receives additional assays. ON BEHALF OF THE BOARDReagan Glazier, Chief Executive Officer and DirectorNeotech Metals Corp. About the Neotech Metals Neotech Metals Corp. is a mineral exploration company dedicated to discovering and developing valuable mineral resources within promising jurisdictions around the world. With a strong commitment to environmental stewardship and sustainable practices, Neotech is positioned to make a positive impact while maximizing the potential of its exploration properties. The company has a diversified portfolio of Rare-Earth Element and Rare Metals projects, including the Hecla-Kilmer, located 20 km from the Otter Rapids 180MW hydroelectric power generation station and active Ontario Northway railway, along with its TREO and Foothills projects located in British Columbia. All three projects are 100% wholly-owned. Qualified Person Technical Information for this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101. Jared Galenzoski VP Exploration, and Qualified Person, has reviewed and approved all of the data and statements made for this news release. Contact Information Reagan Glazier, CEO and Directorreagan@ 403-815-6663 *TREO (Total Rare-Earth Oxides) has been used to express the results in the press release. TREO is calculated by converting the elemental ppm to Rare-Earth Oxides using a conversion factor and is the summation of CeO2 + La2O3 + Pr6O11 + Nd2O3 + Sm2O3 + Eu2O3 + Gd2O3 + Tb4O7 + Dy2O3 + Ho2O3 + Er2O3 + Tm2O3 + Yb2O3 + Lu2O3 + Y2O3. **PMREO (Permanent Magnet Rare-Earth Oxides) has been used to express the results in the press release. TREO is calculated by converting the elemental ppm to Rare-Earth Oxides using a conversion factor and is the summation of Pr6O11 + Nd2O3 + Tb4O7 + Dy2O3 Forward-Looking Statements Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will", "will be" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. The CSE has not reviewed, approved, or disapproved the contents of this press release. To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
27-01-2025
- Business
- Yahoo
Neotech Metals Corp. Receives Exploration Permit for its TREO Project
Vancouver, British Columbia--(Newsfile Corp. - January 27, 2025) - Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) (FSE: V690) ("Neotech" or the "Company") is pleased to announce that it has received a mineral exploration permit (the "Permit") from the BC Mines Office for its 100%-owned TREO Project, located approximately 80 kilometers northeast from Prince George, British Columbia. The Permit authorizes Neotech to conduct drilling on 10 pad locations, identified through previous exploration programs. This work follows the 2024 field season, which yielded significant results, including bedrock samples with grades of up to 28.97% TREO* and 2.91% Nb₂O₅. "I'm pleased to share these exciting developments for our Company," said CEO Reagan Glazier. "We're eager to advance these prospective exploration targets, with emphasis on high-grade, near-surface mineralization identified in earlier programs." Work is expected to be conducted in the summer 2025 exploration season. Further updates with ongoing developments will be provided in the future. ON BEHALF OF THE BOARDReagan Glazier, Chief Executive Officer and DirectorNeotech Metals Corp. About the Neotech Metals Neotech Metals Corp. is a mineral exploration company dedicated to discovering and developing valuable mineral resources within promising jurisdictions around the world. With a strong commitment to environmental stewardship and sustainable practices, Neotech is positioned to make a positive impact while maximizing the potential of its exploration properties. The company has a diversified portfolio of Rare-Earth Element and Rare Metals projects, including the Hecla-Kilmer, located 20 km from the Otter Rapids 180MW hydroelectric power generation station and active Ontario Northway railway, along with its TREO and Foothills projects located in British Columbia. All three projects are 100% wholly-owned. Qualified Person Technical Information for this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101. Jared Galenzoski VP Exploration, and Qualified Person, has reviewed and approved all of the data and statements made for this news release. Contact Information Reagan Glazier, CEO and Directorreagan@ 403-815-6663 *TREO (Total Rare-Earth Oxides) has been used to express the results in the press release. TREO is calculated by converting the elemental ppm to Rare-Earth Oxides using a conversion factor and is the summation of CeO2 + La2O3 + Pr6O11 + Nd2O3 + Sm2O3 + Eu2O3 + Gd2O3 + Tb4O7 + Dy2O3 + Ho2O3 + Er2O3 + Tm2O3 + Yb2O3 + Lu2O3 + Y2O3. Forward Looking Statements Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will", "will be" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. The CSE has not reviewed, approved, or disapproved the contents of this press release. To view the source version of this press release, please visit Sign in to access your portfolio
