New Risk • Mar 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (CA$10.6m market cap, or US$7.63m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Bekanntmachung • Mar 24
BTU Metals Corp. announced that it has received CAD 0.6639 million in funding On March 23, 2026. BTU Metals Corp. announces that it has closed the transaction. It has issued 11,065,000 units priced at a price of CAD 0.06 per unit for gross proceeds of CAD 663,900. In connection with the oversubscribed offering, the company paid finders' fees to eligible finders consisting of CAD 16,981.20 in cash and 283,020 non-transferable common share purchase warrants. Each finder warrant is exercisable to acquire one common share in the capital of the company at an exercise price of CAD 0.075 per common share for a period of 12 months from the date of issuance. A senior officer of the corporation has subscribed for an aggregate of 170,000 units as part of the private placement. The securities issued under the offering and any shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities. Closing of the offering is subject to approval of the TSX-V. Bekanntmachung • Mar 18
BTU Metals Corp. announced that it expects to receive CAD 0.63 million in funding BTU Metals Corp. announces a non-brokered private placement to issue 10,500,000 units at a price of CAD 0.06 per unit for gross proceeds of CAD 630,000 on March 17, 2026. Each unit shall comprise one common share of the company and one-half of one common share purchase warrant. Each whole warrant shall entitle the holder thereof to acquire one common share of BTU at a price of CAD 0.10 for a period of 12 months following the closing of the offering. Finders' fees will be payable on the private placement. Closing of the offering is subject to approval of the TSX Venture Exchange. The securities issued under the offering and any shares that may be issuable on exercise of any such securities will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities. Bekanntmachung • Nov 25
BTU Metals Corp. announced that it has received CAD 0.885 million in funding On November 24, 2025, BTU Metals Corp. closed the transaction. The company announced that it has over-subscribed non-brokered private placement of flow-through common shares by the issuance of 17,700,000 flow-through shares at a price of CAD 0.05 per FT Share for gross proceeds of CAD 885,000. In connection with the oversubscribed offering, the company paid finders' fees to eligible finders consisting of CAD 58,450 in cash and 1,106,000 non-transferable common share purchase warrants. Each finder warrant is exercisable to acquire one common share in the capital of the company at an exercise price of $0.05 per common share for a period of 12 months from the date of issuance. Closing of the offering is subject to approval of the TSX Venture Exchange. The securities issued under the offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities. Bekanntmachung • Nov 12
BTU Metals Corp. announced that it expects to receive CAD 0.6 million in funding BTU Metals Corp. announced a non-brokered private placement of 12,000,000 of Flow-Through Shares at a price of CAD 0.05 of the company for aggregate gross proceeds of up to CAD 600,000 on November 11, 2025. The FT shares will entitle the holder to receive the tax benefits applicable to flow-through shares in accordance with provisions of the Income Tax Act. Each flow-through unit shall be composed of one common share of the company issued on a flow-through basis and one-half of one common share purchase warrant to be issued on a non-flow-through basis. Each whole warrant shall entitle the holder thereof to acquire one common share of BTU at a price of nine cents for a period of 12 months following the closing of the offering. The flow-through shares will qualify as flow-through shares (within the meaning of Subsection 66(15) of the Income Tax Act (Canada) and Section 359.1 of the Taxation Act. Closing of the offering is subject to approval of the TSX Venture Exchange. The securities issued under the offering, and any shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities. Bekanntmachung • Sep 09
BTU Metals Corp., Annual General Meeting, Nov 13, 2025 BTU Metals Corp., Annual General Meeting, Nov 13, 2025. Location: british columbia, vancouver Canada Bekanntmachung • Sep 10
BTU Metals Corp., Annual General Meeting, Nov 14, 2024 BTU Metals Corp., Annual General Meeting, Nov 14, 2024. Location: british columbia, vancouver Canada Bekanntmachung • Aug 02
Btu Metals Corp. Commences Exploration At Extensive Gold Properties Adjacent to Alamos Gold and Red Pine Exploration in the Active Wawa Gold District BTU METALS CORP. announced it has commenced exploration on its 100% held extensive gold exploration land in the active Wawa gold area of northern Ontario. The Company's recently acquired gold exploration projects are located adjacent to the Alamos Gold Inc. ("Alamos") Island Gold District Project in the northern portion of the Wawa gold area and adjacent to the Red Pine Exploration Inc. ("Red Pine") Wawa Gold Project in the southern part of the Wawa Gold District. The southern Wawa projects are comprised of the Hubcap Gold Project adjacent to south and southwest of Red Pine and the Centennial Project adjacent to the south of Red Pine. The Company has posted an updated presentation on its website that includes additional information on the Wawa projects as well as the Company's project adjacent to the Great Bear project being developed by Kinross. Each of the Wawa projects covers areas of historic gold mineralization and none of the projects has been the subject of significant or comprehensive exploration in recent years. Importantly, no company has ever assembled the entire land positions as they are currently constituted. With the entire land position assembled, the Company is uniquely positioned to determine the full potential of the projects. The Echum property is adjacent along trend of the Island Gold Mine property operated by Alamos and the Hubcap and the Centennial projects are situated adjacent along the geological trend of the gold mineralization that has been extensively drill tested by Red Pine. Each project is adjacent to an active, large scale gold exploration/development project. The projects host historic gold mineralization; Echum, the northern property, covers the extension of geological host rocks that occur on the adjacent Alamos Island Gold Mine property; Hubcap, just south of the town of Wawa and located immediately south and southwest of Red Pine, covers the extension of the geological trends on the Red Pine property, starting approximately 1200m from their historic Darwin Grace gold mine. The project was first mined around 1900; Only two drill holes have been drilled on the entire property position in the past 6 years; The Company is working to leverage all existing data sets and work by neighbouring companies to allow the Company to vector in on the best exploration targets in a timely and cost-effective manner; Exploration work on Echum will include line cutting, geophysics, prospecting, trenching and channel sampling, all in advance of a follow-up drilling program that will be planned based on this phase of work. The projects have excellent proximity to infrastructure that includes roads, highways (including Trans Canada Highway), town of Wawa, airport, water, power, mining aware population and a mining labour pool; The properties cover more than 750 mining claims over a total of 16,048 hectares. New Risk • Jul 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.3m free cash flow). Share price has been highly volatile over the past 3 months (31% average weekly change). Earnings have declined by 38% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.70m market cap, or US$2.72m). Minor Risk Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Bekanntmachung • Jun 14
BTU Metals Corp. (TSXV:BTU) completed the acquisition of 100% stake in Two Extensive Gold Properties from Kingsview Minerals Ltd. (CNSX:KVM) for CAD 0.18 million. BTU Metals Corp. (TSXV:BTU) agreed to acquire 100% stake in Two Extensive Gold Properties from Kingsview Minerals Ltd. (CNSX:KVM) for CAD 0.18 million on May 7, 2024. As part of consideration BTU Metals Corp. (TSXV:BTU) will pay CAD 0.025 million and 5 million BTU treasury common shares. The transaction subject to customary closing conditions, including corporate and regulatory approvals and approval of the TSX-V and the shareholders of BTU and Kingsview the vendor which is anticipated to be received in not more than 60 days.
BTU Metals Corp. (TSXV:BTU) completed the acquisition of 100% stake in Two Extensive Gold Properties from Kingsview Minerals Ltd. (CNSX:KVM) on June 13, 2024. Bekanntmachung • May 09
BTU Metals Corp. (TSXV:BTU) agreed to acquire 100% stake in Two Extensive Gold Properties from Kingsview Minerals Ltd. (CNSX:KVM) for CAD 0.18 million. BTU Metals Corp. (TSXV:BTU) agreed to acquire 100% stake in Two Extensive Gold Properties from Kingsview Minerals Ltd. (CNSX:KVM) for CAD 0.18 million on May 7, 2024. As part of consideration BTU Metals Corp. (TSXV:BTU) will pay CAD 0.025 million and 5 million BTU treasury common shares. The transaction subject to customary closing conditions, including corporate and regulatory approvals and approval of the TSX-V and the shareholders of BTU and Kingsview the vendor which is anticipated to be received in not more than 60 days. New Risk • Mar 20
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.5m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 38% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.58m market cap, or US$2.64m). Bekanntmachung • Oct 14
BTU Metals Corp., Annual General Meeting, Nov 23, 2023 BTU Metals Corp., Annual General Meeting, Nov 23, 2023. Bekanntmachung • Nov 30
BTU Metals Corp. Provides Update and Identifies New Target Areas BTU METALS CORP. provided an update as the Company continues to explore for gold and copper-gold-silver across its ~230km2 Dixie Halo property that shares a >35km common boundary with Kinross Gold Corporation's (K-TSX) recently acquired Great Bear project. Through the combination of re-mapping on the property, the autumn field program and a new Artificial Intelligence report, the Company has identified multiple new target areas. New mapping by the BTU geological team incorporates the full scope of work to date, including drilling in which almost all holes hosted anomalous gold, till sampling that yielded high pristine gold grain counts, SGH targets, as well as other sampling, and geophysical work. Artificial Intelligence provider,Windfall Geotek, is in the process of completing a revised report based on new information available from both sides of the border, (Kinross's Dixie project and BTU's Dixie Halo). Additionally, the team recently returned from site and has mapped and sampled some previously un-surveyed areas. The team is currently planning the next field program expected to take place in the new year in order to hone in and prioritize targets within these areas. Because the Company focused on drilling wide spaced step-out holes targeting the geophysical signature at the time, there were few holes drilled in the immediate area of the discovery. The nearest drill holes along strike were drilled ~260 metres north and ~370 metres south of discovery hole 13, thus a minimum of ~630 m of strike length in the immediate vicinity of the discovery has not been follow-up drill tested along strike. To date, most of the work done following the TNT discovery focused on the area south of the discovery. Future work will focus on the relatively unexplored areas to the north of, and in the immediate vicinity of the TNT discovery. Anomalous gold was encountered in most of the drill holes in the TNT area and there are strong similarities between the rock units and alteration at the TNT area and the LP Fault area that hosts the world class gold mineralization on the Kinross Dixie project to the northwest. The extension of the LP Fault structure, if it continues to the southeast on the Kinross project and beyond would be through the area north of the TNT discovery and the associated broad alteration that accompanies the mineralization. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. Independent Director Margot Naudie was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Bekanntmachung • Sep 10
BTU Metals Corp., Annual General Meeting, Nov 17, 2022 BTU Metals Corp., Annual General Meeting, Nov 17, 2022. Board Change • Aug 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. Independent Director Margot Naudie was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Bekanntmachung • May 12
BTU Metals Corp. Announces the Completion of Drilling of Four Holes BTU METALS CORP. announced the completion of drilling of four holes, totalling 1,299 metres, in an area immediately south of the Kinross Dixie-BTU border and adjacent to Dixie Creek, which trends northwest from the drilling area towards the LP fault mineralization approximately 2 km away. The holes are targeting an interpreted structure which forms a series of breaks in geophysical features extending toward the LP fault and following the trend of Dixie Creek. Drill core from the four holes is currently being logged and sampled in Red Lake. Logging and sampling will be completed in the next two weeks. The rocks encountered in the drill program that have been logged to date range from metasediments in the north, into mafic to intermediate volcanics, and back to metasediments to the south. Strong to moderate shearing is ubiquitous. Quartz, quartz-carbonate, and calcite veins, veinlets and stringers are also ubiquitous, ranging from a few percent in most units and up to 25% in areas of stockwork veining. Alteration is variable, with many units exhibiting moderate to strong alteration. Alteration types observed include sericite, silicification, carbonate, chlorite, and biotite. Pyrite is the dominant mineralization seen in the drill holes, minor chalcopyrite also occurs in all holes, and minor arsenopyrite was noted in some holes. Four holes were drilled on the ice on Pakwash Lake in February, to test three separate geophysical targets. Core from the holes has been logged and sampled. Assays results are pending for all holes. This drill program was partially funded by the Ontario Junior Exploration Program. Ten holes, totaling 1,717 metres, were drilled in widely spaced holes in the Rose Lake, Hiewall Lake, and Tooth areas of the property. Hole 76 had the highest assay result of 682 ppb Au over 0.5 metres (41.3 to 41.8 m). Hole 76 had several other notable intercepts, including: 270 ppb Au (94-95 m); 184 ppb Au (95-96 m); 223 ppb Au (96-96.9 m); 448 ppb Au (113.85-114.3 m); and 166 ppb Au (146.75-148.05 m). The holes provided useful geological information in areas which had never been drilled before and which are largely covered with overburden. Bekanntmachung • Apr 08
BTU Metals Corp. Begins Gold Exploration Drill Program At Tooth Area BTU METALS CORP. announced the mobilization of a diamond drill on the Tooth area of the Dixie Halo project located near its northern border, immediately south of Great Bear Resources/Kinross LP fault gold discovery area. The area of immediate focus is towards the eastern part of the Tooth area which has never been tested. This area remains a significant target in the northern part of the property where a completely overburden covered area nearly 2 km east-west and about 1 km north-south remains completely untested. This area is located adjacent to the boundary of the Kinross Dixie project, about 2km to the southeast of the LP fault area gold zone, and immediately east of where BTU intersected gold values up to 2 g/t. A significant topographic lineament trends southeasterly from the LP gold discovery area to the target area on the BTU property. There are structural offsets of magnetic trends in the area and areas of magnetic destruction both of which indicate the location of significant structures which may be gold bearing. Bekanntmachung • Apr 01
BTU Metals Corp. announced that it has received CAD 0.44149 million in funding On March 31, 2022, BTU Metals Corp. closed the transaction. The company issued 4,905,445 flow through units at a price of CAD 0.09 per unit for gross proceeds of CAD 441,490.05 on March 31, 2022. The company paid finder's fees of CAD 12,250 and finder's warrant CAD 136,111. All securities issued are subject to a four-month and a day hold period expiring August 1, 2022. The transaction is subject to final approval from the TSX Venture Exchange. Bekanntmachung • Feb 10
BTU Metals Corp. Commences Drilling on Gold and Copper Targets At Pakwash North BTU METALS CORP. announced the commencement of drilling on the Pakwash North target area of the Dixie Halo project located in Red Lake, Ontario. This current program is focused on untested high quality geophysical targets with potential to host base metal (copper-zinc) and gold-silver mineralization in the Eastern part of the ~230 km2 Dixie Halo property area. The Company's Dixie Halo project shares over 35 km of common boundaries with Great Bear Resources' Dixie project. Kinross Gold Corporation has recently entered into an agreement, valued at approximately $1.8 billion, that will see it purchase Great Bear Resources Ltd. Drilling operations are being carried out by Forage Fusion Drilling Ltd. of Hawkesbury, Ontario. Drilling will cover the southeastern part of BTU's 100% owned land package (immediately proximate to the TNT area) as well as on the Pakwash North property that was acquired in 2021 via an earn in agreement. Geological, geochemical, and geophysical studies and evaluations were completed for the TNT and Pakwash North areas last year. The studies indicate that the TNT area mineralization clearly has direct copper-zinc-silver correlation with gold potential, similar to some known high temperature base metal mineralization and the studies indicate the mineralization is associated with strong alteration including some areas with sodium depletion and strong potassium enrichment rather typical of volcanogenic massive sulphide mineralization ("VMS") systems. Work by the group has identified several targets with the potential to be base metal bearing and that warrant drill testing. Induced Polarization ("IP") geophysical survey work on Pakwash Lake identified a significant chargeability target and a coincident resistivity low feature that extends for at least 600 metres and remain open to the north. Follow-up Pulse Electromagnetic ("PEM") survey work on the target confirmed the interpretation from the IP survey. Such features are often an indication of the presence of accumulations of sulphide minerals. Additionally, the PEM survey identified a secondary weaker target just to the west of the strong new target. Initial plans are to drill 4 holes to test these targets. Bekanntmachung • Jan 07
BTU Metals Corp. Announces the Restart of Its Drill Program on Its Dixie Halo and Pakwash North Properties BTU Metals Corp. announced the restart of its drill program on its Dixie Halo and Pakwash North properties. Assay results for samples from 10 drill holes completed prior to the end of 2021 on the Dixie Halo property remain pending. Drilling in the first quarter of 2022 will focus on the exploration for gold and copper-gold-silver across its ~230km2 property that shares a >35km common boundary with Great Bear Resources Ltd. The drilling crew and equipment will be mobilized this month and are expected to continue drilling operations until Spring breakup which is typically April in the Red Lake area. Focus will be on the Dixie Creek area and the Tooth Area, both immediately south of Great Bear, which has recently received a takeover offer from Kinross for a minimum of $1.8 billion. Additionally, as soon as conditions permit, drilling will commence on the Pakwash North project and on the Eastern part of the Dixie Halo property to test a large geophysical target generated from an extensive geochemical and geophysical data review. BTU is currently waiting on assay results from ActLabs for 10 holes drilled in the Hiewall Lake, Rose Lake, and The Tooth areas which are geologically similar to the LP Fault with several kilometres of contact between clastic metasediments and felsic and mafic volcanic rocks. The Company is also awaiting assays on prospecting samples, on outcrops across the property including the Pakwash North area. Bekanntmachung • Nov 25
BTU Metals Corp. announced that it has received CAD 0.2745 million in funding On November 23, 2021, BTU Metals Corp. closed the transaction. The transaction included participation from 5 investors. The company has paid finder's fees of CAD 6,300 to Canaccord Genuity Corp. and CAD 945 to Leede Jones Gable Inc. The filing documentation with respect to the transaction has been accepted by TSX Venture Exchange. Bekanntmachung • Aug 28
Btu Metals Corp. Provides Exploration Update BTU Metals Corp. announces assay results from the most recent ten drill holes covering 3086.5 meters have been received. This program was focused on the northeast portion of the Dixie Halo property in the general area of the southeast extension of the stratigraphic units that host the LP fault gold mineralization on the adjacent Great Bear Resources (Great Bear) Dixie project. While all ten holes intersected anomalous gold, assays were not significant. It should be noted that the anomalous values are located in association with alteration and sulphide mineralization that includes pyrite, arsenopyrite and pyrrhotite. These 10 drill holes were widely spaced in areas of little to no outcrop and they provide important geological information and there remains good potential to find higher gold values in the areas where anomalous up to over 1 gram per tonne gold were intersected. Bekanntmachung • Jun 02
BTU Metals Corp.Provides Exploration Update at TNT Target Area BTU Metals Corp. announces the completion of drill hole BTU-21-66 in the TNT target area which was drilled to 589 meters. The hole is currently being logged, cut, and samples are being sent for fire assay (gold) and geochemical analysis (multi-element). Of the 10 drill holes targeting gold in the recently completed program, all have now been logged, and all but two have been sampled and are in the lab for analysis. Samples from the remaining two holes will be in the lab for analysis shortly. Highlights include; On the gold targets - arsenopyrite mineralization, up to 40m thick, intersected along a magnetic low geophysical trend. Arsenopyrite intersected in all holes on this structure, including holes 800m apart along strike, samples are in the lab and results are expected shortly, The arsenopyrite bearing geophysical structure has 2.4km of strike on BTU ground and extends north-west onto Great Bear's property where it follows the Dixie Creek for ~1.8km to the area of the LP Fault gold mineralization, Drilling of hole BTU-21-66 in the TNT target area completed, minor sphalerite and chalcopyrite mineralization intersected supporting a possible VMS ("Volcanogenic Massive Sulphide") thesis. The strongest geophysical targets from the TNT geochemical-geophysical study are on the Pakwash North property and plans are being made to drill these targets in the coming months. Field program underway to generate new targets on the 230 square km property. Drill holes BTU-21-56 to BTU-21-65 were drilled in the Dixie Creek area (northeast corner) targeting gold mineralization. The Dixie Creek area is `up-ice' from several high gold-grain-in-till anomalies, many of which have a high proportion of pristine gold grains indicating a potential bedrock source is nearby. The area is also on trend with Great Bear Resources' LP Fault gold discoveries, where they recently reached 300 reported drill holes and are spending $45M on exploration this year. Bekanntmachung • May 16
BTU Metals Corp. Commences Drilling New High Priority Targets South of the TNT Copper-Silver-Gold Discovery BTU Metals Corp. announced drilling is now underway and the current drilling is designed to test various new targets at the TNT area on the Dixie Halo properties near Red Lake, Ontario. The drill targets have been defined using all available geological information as well as all available geophysical data including from recently completed surveys. All newly developed geochemical data and analysis was also used in the extensive re-interpretation of the area to develop the new targets. Bekanntmachung • Feb 09
BTU Metals Corp. Announces Start of its 1st Drill Program for Early 2021 on its Dixie Halo Property in Red Lake, Ontario BTU Metals Corp. announced the start of its 1st drill program for early 2021 of 3,500 meters on its 200km2 Dixie Halo property in Red Lake, Ontario. Recent Developments and Results: Four of the recent five drill holes completed in late 2020 returned anomalous (greater than 100 ppb concentrations of gold) in a variety of geological settings. Drill hole BTU-20-51 returned 1.1 grams per tonne Au over 0.70 m. Drill hole BTU-20-53 returned 1.5 grams per tonne Au over 1.1 m. A number of new till sample results point to an untested area with potential to host gold in bedrock toward the northeast corner of the property. Company has more than $2 million in cash and has many well supported early-stage high priority gold target areas to be evaluated. The area of more detailed till sampling has been expanded to the east of the previous focus area for gold in till sampling. Despite the lack of widespread, easily accessible good sample material (basal till) they have identified an area of anomalous gold in till in the east - northeast part of the property (Dixie Creek target area) in an area where there has been limited work completed to date. One of the only drill holes completed in this area was BTU-19-01 which intersected strong sericite carbonate alteration, green mica, quartz veining and sulphide mineralization. The company anticipates completing additional work in this underexplored area of the property. The Red Lake mining area was extremely busy in 2020 with the highlights being the purchase of the Newmont Mining assets in the camp by Evolution Mining, the progression of several properties toward commercial production as well as the establishment of the Great Bear Resources gold discoveries as significant new areas and styles of gold mineralization that have the potential to rewrite the geology of this high-grade gold camp that has already produced nearly 30 million ounces of gold. The area where Great Bear Resources has been busy outlining strong gold mineralization on the Dixie property is not far from the BTU Dixie Halo property in an area that was historically under-explored and poorly understood largely due to the extensive overburden cover. As exploration by Great Bear and others like BTU progresses in the area, and the geology and controls on gold mineralization are better understood, new gold discoveries will almost certainly be outlined. Great Bear Resources is very well funded with a recently announced bought deal $70 million flow through financing, and is rapidly defining gold mineralization for upcoming resource evaluation work which clearly makes the area a focus for gold exploration in Ontario, with BTU being the closest neighbour to the Great Bear discoveries. BTU staff collected and processed samples and securely sealed and shipped them to SGS Canada Inc. ("SGS") in Red Lake, Ontario for sample preparation that includes drying (105° C), crushing until 75% passes a 2 mm sieve, then splitting (250 g) and pulverizing to 85% passing 75 µm. The resulting pulps are analysed for gold by fire assay in Red Lake, and for geochemistry by a multi-element aqua regia ICP-OES technique in Burnaby, British Columbia. All assay data have undergone internal validation of QAQC; noting there is an established sampling control program with blind insertion of assay blanks, certified industry standards and sample duplicates. A QAQC program is also in place at SGS and includes insertion of blanks, standards, and duplicate reanalysis of selected samples. SGS is a Canadian assay laboratory and is accredited under ISO/IEC 17025 and ISO 9001. Overlimit protocols are in place for gold, silver, and copper. Intervals in this release are drilled intervals. True widths could not be determined at this early stage of target evaluation. The Company's exploration work at its Red Lake, Ontario projects remains largely on schedule with no major disruption due to the COVID-19 government guidelines. The Company continues to monitor this situation, continues to be careful to conduct all work in compliance with COVID-19 guidelines and will adjust its activities and timelines as deemed appropriate. Bruce Durham, P. Geo., a qualified person as defined by National Instrument 43-101 has reviewed and approved the technical information in this press release. Bekanntmachung • Jan 06
BTU Metals Corp. Provides New Year Update, Sets Out Exploration BTU Metals corp. provided a corporate update and lays out its exploration plan including 1st drill program for early 2021 on its 200km2 Dixie Halo property in Red Lake, Ontario. At New Year, 2021: Five (5) holes logged, cut and at the SGS lab in Red Lake, ON including BTU-20-53 with VG, gold assays expected early in the new year. Further results from 2020 till sampling program expected early in the new year. Drilling will restart in January and will be focused on various well spread-out gold targets in the central and northeast portions of the property. 3D geochemical-geophysical interpretation of TNT expected early new year. More than $2 million in cash and many strong early-stage high priority target areas to be evaluated. Bekanntmachung • Oct 10
BTU Metals Corp. announced that it has received CAD 2.0625 million in funding from SSI Asset Management AG On October 8, 2020, BTU Metals Corp. (TSXV:BTU) closed the transaction. The company will pay finder’s fee of CAD 40,000 is payable by way of 200,000 common shares of the company at a deemed price of CAD 0.20 per share. Bekanntmachung • Sep 30
BTU Metals Announces Commencement of Drilling in Red Lake Adjacent to Great Bear Resources Ltd BTU Metals Corp. announced the commencement of core drilling operations on its Dixie Halo property adjacent to the Great Bear Resources Ltd. Dixie property near Red lake, Ontario. The Company’s exploration work at its Red Lake, Ontario projects remains largely on schedule with no major disruption due to the COVID-19 government guidelines. The Company continues to monitor the situation, continues to be careful, and will adjust its activities and timelines as deemed appropriate. The Company's exploration work at its Red Lake, Ontario projects remains largely on schedule with no major disruption due to the COVID-19 government guidelines. The Company continues to monitor the situation, continues to be careful, and will adjust its activities and timelines as deemed appropriate. Bekanntmachung • Sep 22
BTU Metals Corp. announced that it expects to receive CAD 2.0625 million in funding from SSI Asset Management AG BTU Metals Corp. (TSXV:BTU) announced a non-brokered private placement of 7,500,000 flow-through units at price of CAD 0.275 per unit for gross proceeds of CAD 2,062,500 on September 21, 2020. The transaction will include participation from new investor, SSI Asset Management AG. Each flow through unit consists of one common share and one-half of one common share purchase warrant. Each warrant shall entitle the holder to purchase one common shares of the company at price of CAD 0.30 for a period of 36 months following the closing of the transaction. The warrants issued with the units will be subject to an acceleration provision. The company has the option to provide notice to the warrant holder that their warrants will expire if they are not exercised within 30 days if the company shares trade above CAD 1 for 10 consecutive trading days after four months have elapsed from closing of the transaction. The company will pay finder fees in relation to the transaction. The closing of the transaction is subject to approval of the TSX Venture Exchange. All the securities to be issued are subject to a hold period of four months and one day from the date of closing of the transaction. 
