New Risk • May 18
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$452k 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$452k free cash flow). Shares are highly illiquid. Negative equity (-CA$356k). Earnings have declined by 23% per year over the past 5 years. Shareholders have been substantially diluted in the past year (87% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.51m market cap, or US$1.09m). New Risk • Mar 04
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$504k 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$504k free cash flow). Negative equity (-CA$247k). Earnings have declined by 42% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.17m market cap, or US$857.4k). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). New Risk • Nov 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$504k 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$504k free cash flow). Negative equity (-CA$247k). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (120% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.69m market cap, or US$1.20m). Anuncio • Sep 17
Scotch Creek Ventures Inc. announced that it expects to receive CAD 0.3 million in funding Scotch Creek Ventures Inc. announced a private placement financing of up to 6,000,000 units at CAD 0.05 per Unit for gross proceeds of up to CAD 300,000 on September 16, 2025. Each Unit consists of one common share of the Company and one share purchase warrant (each a “Warrant”), with each Warrant entitling the holder to purchase one additional common share for a period of two years from the date of the issue at an exercise price of CAD 0.05 per share. New Risk • Aug 31
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$599k 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$599k free cash flow). Shares are highly illiquid. Negative equity (-CA$90k). Earnings have declined by 43% per year over the past 5 years. Shareholders have been substantially diluted in the past year (120% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.08m market cap, or US$1.52m). Anuncio • May 21
Scotch Creek Ventures Inc. announced that it has received CAD 0.40945 million in funding On May 20, 2025, Scotch Creek Ventures Inc. closed the transaction. The company announced that it has issued 8,189,000 units at an issue price of CAD 0.05 per unit for gross proceeds of CAD 409,450. Each Unit consists of one common share of the Company and one half of one share purchase warrant, with each whole Warrant entitling the holder to purchase one additional common share for a period of eighteen months from the date of the issue at an exercise price of CAD 0.075 per share. The transaction is oversubscribed. Anuncio • May 20
Scotch Creek Ventures Inc., Annual General Meeting, Jul 29, 2025 Scotch Creek Ventures Inc., Annual General Meeting, Jul 29, 2025. New Risk • May 09
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$443k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-CA$443k). Earnings have declined by 34% per year over the past 5 years. Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$803.6k market cap, or US$577.3k). Board Change • May 01
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. 2 experienced directors. 3 highly experienced directors. Independent Director Bob Marvin was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Anuncio • Mar 27
Scotch Creek Ventures Inc. announced that it expects to receive CAD 0.315 million in funding Scotch Creek Ventures Inc. announced a private placement of up to 7,000,000 units at a price of CAD 0.045 per unit for the gross proceeds of CAD 315,000 on March 26, 2025. Each Unit consists of one common share of the Company and one half of one share purchase warrant, with each whole Warrant entitling the holder to purchase one additional common share for a period of eighteen months from the date of the issue at an exercise price of CAD 0.075 per share. Board Change • Mar 25
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. 2 experienced directors. 3 highly experienced directors. Independent Director Bob Marvin was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Anuncio • Mar 16
Scotch Creek Ventures Inc. announced that it has received CAD 0.24 million in funding On March 14, 2025, Scotch Creek Ventures Inc. closed the transaction. The company issued 1,670,000 units at issue price of CAD 0.04 per unit for gross proceeds of CAD 66,800 in its second and final tranche. Board Change • Feb 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. 2 experienced directors. 3 highly experienced directors. Independent Director Bob Marvin was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Anuncio • Apr 13
Scotch Creek Ventures Inc., Annual General Meeting, Jun 18, 2024 Scotch Creek Ventures Inc., Annual General Meeting, Jun 18, 2024. Anuncio • Jan 06
Scotch Creek Ventures Inc. Discovers Lithium-Enriched Sandstone at Miranda Project Scotch Creek Ventures Inc. announced the results of the soil sampling program has confirmed the presence of lithium on the 5,360-acre Miranda project. The work program conducted by the Scotch Creek team focused on the Southern portion of the property and consisted of 69 samples. The results indicate a lithium anomaly extending over 2 kilometers by 1 kilometer on the near surface of the property. The anomalous samples range in value from 102 to 223 parts per million (PPM) lithium with an average lithium content of 57 PPM. In both the Clayton Valley and the nearby Gemini property, sandstones are interleaved within the target claystone layers of the Esmeralda Formation. In Clayton Valley, these sandstones are primarily situated in the uppermost section of the Esmeralda rock sequence, forming a resistant cap rock with anomalous lithium and concealing potentially stronger lithium mineralization in the underlying claystones. Given the limited surface exposures at Miranda, the Scotch Creek team believes drilling will be essential to ascertain the nature of the Esmeralda rocks on the property. This discovery sheds light on the presence of lithium-enriched sandstones and claystones located beneath a thin gravel cover in the southern portion of the property and within the Esmeralda Formation. The team will use the data gathered from the soil sampling program and Hybrid-Source Audio-Magnetotellurics to highlight potential drill targets on the Miranda project. About the Miranda project: The 100% owned Miranda project located in Jackson Valley, Nevada, a relatively closed arid basin with similar characteristics to Clayton Valley. The Miranda project is situated in an area near known lithium deposits, a preliminary soil sample program completed by Nevada Sunrise Metals Corp. confirms the presence of lithium. Anuncio • Oct 12
Scotch Creek Ventures Inc. Announces Additional Work Programs on Miranda Project Scotch Creek Ventures Inc. announced the plan to commence a comprehensive soil sampling and geological mapping initiative on the 5,360-acre Miranda property situated in Jackson Valley, Nevada. The soil sampling and geological mapping program aims to enhance the Company's comprehension of potential lithium deposits within this highly promising project. Within October of 2022, the Scotch Creek team conducted a Hybrid-source Audio-Magnetotellurics (HSAMT) and high-quality seismic reflection surveys on the property. The data compiled from these work programs will be instrumental in identifying potential drill targets and gaining a more profound understanding of the project. The 100% owned Miranda project is located in Jackson Valley, Nevada, a relatively closed arid basin with similar characteristics to Clayton Valley. The unexplored Miranda project is situated in an area near known lithium deposits. New Risk • Jul 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% 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$4.0m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 66% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$6.88m market cap, or US$5.20m). Minor Risk Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Anuncio • Jun 21
Scotch Creek Ventures Inc., Annual General Meeting, Aug 22, 2023 Scotch Creek Ventures Inc., Annual General Meeting, Aug 22, 2023. Anuncio • Feb 09
Scotch Creek Ventures Inc. Provides an Update on Its Ongoing Macallan East Lithium Drill Program Scotch Creek Ventures Inc. provided an update on its ongoing Macallan East Lithium drill program. The property is located in the Southeast portion of Clayton Valley, representing a sizeable region with minimal subsurface exploration for lithium or other salar minerals. Recently, nearby Scotch Creek's Macallan East project a limited and relatively shallow drill program by Sienna Resources has shown the presence of lithium rich claystones lying beneath gravel cover deposits. The completion of the two deep core holes has allowed Scotch Creek to obtain a greater understanding of the lithologic and structural geology of the Southeast Clayton Bench. The Company believes the lower ash zone intersected in the second hole MCD-2 represents a previously unknown target sequence beneath the property. This section likely represents an older section of Clayton Valley's basin development containing deeper section of the prospective Esmeralda Formation. The strong fault zone intersected near the bottom of MCD-2 may be the southern extension of the Angle Island Fault Zone. The Angle Island structure is an important internal fault within the Clayton Valley, which lies proximal to recently discovered lithium rich claystone deposits within the Clayton Valley to north of the property. Scotch Creek is working to compile the data resulting from the completed holes as part of the necessary process to target additional drilling at the property. Anuncio • Jan 10
Scotch Creek Ventures Inc. Successfully Completes Second Drill Hole At Its Macallan East Lithium Project Scotch Creek Ventures Inc. announced the completion of the second drill hole on the Companies 100% owned Macallan East Project ("Macallan") for a total depth of 1107 feet. The Macallan East project is located on the South- Southeast Trend of the Clayton Valley and looks to extend along a world-class rich lithium claystone belt. Thirty-three segments of core samples were taken for analysis to greater understand the geological and geochemical characteristics of a thick section of volcanic ash-rich evaporative lake-bed sediments intersected at Macallan. Anuncio • Dec 15
Scotch Creek Commences Drilling on Its Macallan East Lithium Project Concurrently with Highlands West Drill Program in Clayton Valley, Nevada Scotch Creek Ventures Inc. announced that a thorough analysis of a recently completed gravity survey has further advanced the understanding of the geological model of one of the world's most prolific lithium claystone belts. The Macallan project lies on trend South-Southeast in Clayton Valley. As such, the Company has initiated drilling on several new high-priority targets that follow along this world-class rich lithium claystone belt. Anuncio • Nov 17
Scotch Creek Ventures Inc. (CNSX:SCV) acquired 54 claims adjacent to Macallan East Lithium Project. Scotch Creek Ventures Inc. (CNSX:SCV) acquired 54 claims adjacent to Macallan East Lithium Project on November 16, 2022.Scotch Creek Ventures Inc. (CNSX:SCV) completed the acquisition of 54 claims adjacent to Macallan East Lithium Project on November 16, 2022. Anuncio • Nov 04
Scotch Creek Begins Phase 1 Drilling At Highlands West Lithium Project, Bordering North Americas Only Lithium Producing Mine Scotch Creek Ventures Inc. announced the commencement of the Phase I drill program on the 100% owned Highlands West Lithium Project ("Highlands").The Highlands project is directly adjacent to Albemarle's Silver Peak lithium mine, North Americas only producing lithium operation. Recent positive geophysics results from the detailed gravity, seismic, and Hybrid-Source Audio-Magnetotellurics (HSAMT) surveys identified key subsurface features within the central area of the Highlands property, subsequently triggering the company's decision to expand the Highlands claims by an additional 400 acres and design the phase one drill program. The combined results of the comprehensive geophysical survey carried out at Highlands show a subsurface dominated by strongly layered basin-fill units. These highly prospective sedimentary rocks are interpreted to be claystones, mudstones and volcanic beds which have accumulated in a series of fault-bounded basins underlying the property. Anuncio • Oct 13
Scotch Creek Ventures Inc. Completes Geophysical Program on Its Miranda Lithium Project in Nevada Scotch Creek Ventures Inc. announced that the geophysical program commenced in June 2022, has successfully been completed on the Company's 5,360-acre Miranda Project. The significant work program consisted of a detailed Hybrid-Source Audio-Magnetotellurics and high-quality seismic reflection surveys carried out by Hasbrouck Geophysics Inc. Scotch Creek's Miranda lithium brine project lies within the south-central portion of a world-class lithium brine and claystone belt. This lithium belt extends from the North Tonopah lithium claystone deposits over 100 km south to the Bonnie Claire lithium brine and claystone project. Recent discoveries within this belt have occurred in the Clayton Valley, Smokey Valley, the Lida Wash, and further south in the Sarcobatus flat. In addition, the Company granted a total of 300,000 stock options to consultants. The options were granted at a price of $0.23 cents per share and are exercisable for a period of two years from the date of grant. The options will expire on the earlier of termination of consultation or two years from issuance. Anuncio • Sep 08
Scotch Creek Ventures Inc. Identifies Multiple Brine Drill Targets on the Highlands West Lithium Project in Clayton Valley, Nevada Scotch Creek Ventures Inc. announce that it has identified multiple lithium brine drill targets on the Highlands West Project ("Highlands property") in Clayton Valley, Nevada. A drill program is being finalized based on a thorough analysis of the recently completed seismic survey, previously completed detailed gravity survey, and Hybrid-Source Audio-Magnetotellurics (HSAMT) survey. The extensive surface work completed to date has revealed key subsurface features within the central area of the Highlands property, which merits a drill program to test the structures identified to date. Scotch Creek Ventures Highlands property 5,960-acre claim block sits on the western margin of the Clayton Valley in a position that has outcropping Esmeralda Formation and bedded volcanic ash units exposed immediately west of the claim block. These units are both lithium source rocks as well as lithium brine traprocks. These units have been faulted down to the east and are interpreted to lie in the subsurface of the Highland placer claims. Anuncio • Sep 07
Scotch Creek Completes New Round of Geophysical Exploration on Its Highlands West Lithium Project Scotch Creek Ventures Inc. announced that the Reflection Seismic Survey work program announced on May 11, 2022 on its Highlands West lithium project in Clayton Valley, Nevada, has now been completed and the data is currently being compiled and assessed. Provide a greater understanding of the Highlands subsurface geology of both a strong, closed gravity low as well as the West, Northwest striking margins of the low as discovered by our recently completed detailed gravity survey,Advance the understanding of the geology by shedding light on basin lithologies underlying the property, bedrock topography, and structures within the basin sediments and in volcanic below the basin sediments. Collect data that could distinguish potential lithium-bearing aquifers; Outline any potential fault orientations on Highlands; The results of the reflection seismic survey and other recently completed geophysical campaigns can provide the information necessary to identify precise drill targets for any upcoming programs on Highlands. Anuncio • Sep 01
Scotch Creek Ventures Inc. Announces the Detailed Gravity Geophysical Survey Completed on Its 100% Owned, 3,180-Acre Macallan East Property Scotch Creek Ventures Inc. announced the detailed gravity geophysical survey commenced on August 8, 2022 has been completed on its 100% owned, 3,180-acre Macallan East property. The Scotch Creek technical team is currently reviewing the results to potentially identify new targets for further drilling at the property. In addition, Scotch Creek announced that the exploratory drill results sampled on the Companies Macallan East project have now been received and analyzed. Scotch Creek's first drill hole at the Macallan East lithium project was targeted at a conductivity high seen in high-quality Hybrid-Source Audio-Magnetotellurics (HSAMT) data. Theconductivity high is a lithium brine target. The core hole, DDCV-1 was drilled to also map and sample the basin fill rocks above and within the HSAMT anomaly in an area of southeast Clayton Valley, where limited exploration drilling has occurred. The drill hole was successfully drilled through the conductivity high. Drill-return water conductivity sampling at the drill site showed a strong anomaly of 64.8 milli siemens at a downhole depth of 1178 feet.A water sample SCDD-01 was also collected at this point. The assay result for lithium was diluted in the extraction process and was weakly anomalous. Scotch Creek remains optimistic about the brine potential of the property which requires additional evaluation. The anomalous sample was collected while drilling through an interbedded sequence of volcanic ash, silty ash, and claystone units. This geology is similar to descriptions of brine-bearing stratigraphy discovered elsewhere in the Clayton Valley. Anuncio • Aug 26
Scotch Creek Ventures Inc., Annual General Meeting, Oct 27, 2022 Scotch Creek Ventures Inc., Annual General Meeting, Oct 27, 2022. Agenda: Annual General Meeting. Anuncio • Jul 24
Scotch Creek Ventures Inc. Announces Board Changes Scotch Creek Ventures Inc. Announced that Robert D. Marvin, P.Geo, has agreed to join its Board of Directors. Mr. Marvin brings over 40 years of mineral exploration experience and was instrumental in the exploration and discovery of Cypress Development Corp.'s lithium deposit. Mr. Marvin will further assist Scotch Creek in both the advancement of its exploration objectives, as well as expanding its portfolio of lithium projects. In connection with the appointment of Mr. Marvin, Scotch Creek Ventures Inc. announces the resignation of Donald Archibald as Director effective immediately to focus on other business commitments. Robert D. Marvin: Mr. Marvin, P.Geo, a Qualified Person under National Instrument 43-101, has been involved in mineral exploration as a professional geologist and consultant since 1979. His exploration experience ranges from gold, copper, zinc, lithium to uranium and has spanned throughout the Americas and Asia. Mr. Marvin has worked for dozens of companies including major mining companies and aggressive junior exploration companies. Discoveries made in gold, base metals, and most recently in identifying the lithium potential of mudstones on the east flank of Clayton Valley, resulted in the discovery of a world-class lithium resource in Nevada. Robert has also served on several junior company boards as Vice President of Exploration and remains active in the field acquiring properties by staking and conducting drill exploration with a strong focus on cost-effective successes through old school field methods and optimisms. Anuncio • Jun 02
Scotch Creek Completes First Drill Hole At the Macallan East Lithium Project Scotch Creek Ventures Inc. announced that it has completed the first drill hole on its 100% owned Macallan East Lithium project located in Clayton Valley, Nevada. The Company has submitted core samples for analysis and is awaiting results. Clayton Valley is home to multiple known lithium sources, most notably Albemarle Corporation's Silver Peak mine, America's only producing lithium source. Anuncio • May 14
Scotch Creek Ventures Inc. Commences Geophysical Exploration on Its Highlands West Lithium Project, Clayton Valley Scotch Creek Ventures Inc. announced that the proposed reflection seismic survey, announced on April 20th, 2022, has now commenced on its Highlands West ("Highlands") lithium project in Clayton Valley, Nevada. The reflection seismic survey is being executed by Hasbrouck Geophysics Inc. ("Hasbrouck") on the company's 5,960-acre Highlands property. The results of the survey will provide a more detailed understanding of the geological formation on the property, including: Basin lows; Bedrock topography; Volcanic basin sediments; Defining shapes and boundaries of the infilled basins; Identifying structures & formations that are present within the infill sediments. The reflection seismic survey is an important step in generating a detailed map of the property's sub-terranean floor. In turn, the company can utilize these results to determine a list of potential drill targets. Anuncio • Apr 21
Scotch Creek Ventures Inc. Advances Geophysical Exploration on Its Highlands West Lithium Project, Clayton Valley Scotch Creek Ventures Inc. announced the proposed seismic spring work program on the 5,960-acre Highlands West, lithium project in Clayton Valley, Nevada, has been finalized. The seismic program was designed by incorporating the recently completed gravity survey results announced on March 29th, 2022. Scotch Creek has contracted Hasbrouck Geophysics Inc. to commence the reflection seismic survey. The reflection seismic survey will advance company's understanding of Highlands geology by shedding light on the map stratigraphy, bedrock topography (depending on depth), structures within the sediments, and bedrock (similarly depending on depth), the dip, continuity, and extent of aquifer units. In addition, the seismic line layout has been positioned to give the Company detailed data on the subsurface geology of both a strong, closed gravity low as well as the West, Northwest striking margins of the low. Anuncio • Feb 25
Scotch Creek Ventures Inc. Receives Final Approval to Drill the `Macallan East' Lithium Project Scotch Creek Ventures Inc. announced that it has received final approval from the U.S. Bureau of Land Management for the upcoming exploration and initial drill plan under a Notice of Intent for its 100% owned Macallan East Lithium Project in Clayton Valley, Nevada. The NOI allows for drilling and additional exploration activities on the Property. The drill program at Macallan East will focus on the highlighted lithium targets outlined in the recent geophysical work. In addition, the BLM has accepted A USD 18,773 bond to cover up to 3.65 acres of permitted disturbance on Macallan's upcoming drill program. The 3,180-acre Macallan East project is located on the Southeast side of the Southern Clayton Valley. The claim block sits directly on trend with outcropping, lithium mineralized, volcanic ash-rich, basin lakebed sedimentary rocks which project towards the project area from the NNE. The projected presence of these mineralized units in the subsurface at Macallan strongly suggests that porous ash units, associated with these rocks elsewhere in the basin, should exist below the surface on the claims. Anuncio • Feb 03
Scotch Creek Ventures Inc. (CNSX:SCV) acquired a 5,360 acre Miranda Lithium project in Nevada for $1.9 million. Scotch Creek Ventures Inc. (CNSX:SCV) acquired a 5,360 acre Miranda Lithium project in Nevada for $1.9 million on February 2, 2022. As per the terms of the transaction, Scotch Creek Ventures shall pay $0.12 million in cash and issuance of 3.1 million shares of Scotch Creek Ventures Inc.
Scotch Creek Ventures Inc. (CNSX:SCV) completed the acquisition of a 5,360 acre Miranda Lithium project in Nevada on February 2, 2022. Anuncio • Jan 22
Scotch Creek Ventures Inc. (CNSX:SCV) acquired 3,180 acres additional 159 lode claims Macallan East project Located Southern Clayton Valley, Nevada. Scotch Creek Ventures Inc. (CNSX:SCV) acquired 3,180 acres additional 159 lode claims Macallan East project Located Southern Clayton Valley, Nevada on January 20, 2022.
Scotch Creek Ventures Inc. (CNSX:SCV) completed the acquisition of 3,180 acres additional 159 lode claims Macallan East project Located Southern Clayton Valley, Nevada on January 20, 2022. Anuncio • Dec 22
Scotch Creek Ventures Inc. announced that it has received CAD 6.53005 million in funding On December 21, 2021, Scotch Creek Ventures Inc. closed the transaction. The company issued a total of 13,030,100 units for gross proceeds of CAD 6,530,050 in the transaction and 440,000 units for proceeds of CAD 220,000 in its second and final tranche. The securities issued under the transaction are subject to a statutory hold period of four months and one day in accordance with applicable securities laws. No additional finder’s fees or warrants were paid out on the final tranche of transaction. Anuncio • Sep 24
Scotch Creek Ventures Inc. Macallan East Project Geophysics Survey Identifies New Lithium Targets Scotch Creek Ventures Inc. announced the results of the recent Hybrid-Source-Audio-Magnetotellurics (HSAMT) Geophysical Survey, completed on its Macallan East, Clayton Valley lithium project. The survey has identified multiple areas that merit future exploration, outlining key potential drill targets of greater than 500 meters in thickness in an unexplored area of the Valley. No electromagnetic noise interferences were encountered during data collection and the overall data was of very good quality. Resistivity values (inverse of conductivity) were measured to four ohm-meters which indicates a highly conductive system of interbedded claystone and mudstone sediments with possible volcanic ash and evaporites, all geologic units potentially affected by brine. This indicates a sedimentary ore body with potentially high lithium concentrations and possible brine presence. Values of low resistivity are encountered across the claims package from 100 meters to deeper than 600 meters. The thickness of the potential ore body is thus greater than 500 meters. The geophysical results are encouraging and the data suggests opportunities for a drill program. Scotch Creek Ventures is currently designing the drill program and preparing required permits. Board Change • Jul 31
High number of new directors Member of Strategic Advisory Board Bob Marvin was the last director to join the board, commencing their role in 2021. Anuncio • May 14
Scotch Creek Ventures Inc. Announces Completion of Ni 43-101 Technical Report on the Macallan East Lithium Project and Highlights Potential Targets for A Drill Program Scotch Creek Ventures Inc. announced that it has received the first NI43-101 technical report on the Macallan lithium brine property, located in the Clayton Valley Nevada, that assesses the technical merit of the project identifying areas of interest for additional exploration. The report was prepared by Robert D. Marvin, P.Geo. Mr. Marvin has more than 35 years of experience as an independent consultant and has had experience both in lithium exploration and within the Clayton Valley. In the report Mr. Marvin comments "the Clayton Valley has an enormous measured and inferred endowment of lithium and is rapidly emerging as one of the world's large concentrations of lithium. The combination of a highly favorable geological setting and unexplored nature of the Macallan claim block make the ground an ideal location for a relatively low cost, first round drill program." The report recommends a drill program that targets lithium rich brines hosted within sedimentary and evaporite stratigraphy common to the Clayton Valley. Four holes are recommended to be drilled in a first pass evaluation of the rocks in the subsurface at Macallan. The Company's Macallan East project borders Pure Energy Minerals Ltd. property, which has had successful drill results and recently announced its intention to begin construction of a pilot plant for lithium brine extraction. The Macallan acquisition consists of 157 20-acre claims and is located on the southeast side of the Clayton Valley Recent exploration on the north-east flank of the Clayton Valley from Noram Ventures Inc. and Cypress Minerals Corp., all which have had positive results, thus reinforcing the geological trend line and exploration potential running through these claims. Additionally, The Company is expecting a second 43-101 technical report on the Highlands West project within the next two weeks. The Highlands West project consists of 333 20-acre placer claims and is located nearby Albermarle's Silver Peak mine, which is currently the only lithium producing operation in the United States. With expanded interestin electrical vehicles, Albermarle recently announced plans to invest an additional $30 to $50 million, to double itscurrent production at this site by 2025 and begin a program to both evaluate clays and optimize lithium extraction from its brine resources. Scotch Creek's total land position within Clayton Valley is approximately 9,100 acres establishing it as one of the largest stakeholders in the valley. Anuncio • Mar 14
Scotch Creek Ventures Inc. announced that it expects to receive CAD 2 million in funding Scotch Creek Ventures Inc. (CNSX:SCV) announced a private placement of up to 5,714,286 units of CAD 0.35 per unit for the gross proceeds of CAD 2,000,000.1 on March 12, 2021. Each unit consists of one common share and one common share purchase warrant. Each warrant can be exercised to acquire one common share at a price of CAD 0.50 per share for a period of two years from the closing date, subject to regulatory approvals. The company has the right to accelerate the expiry date of the warrants if, at any time, the trading price of the company’s common shares is equal to or greater than CAD 1.00 for 10 consecutive trading days. The company may pay commissions to registered brokers or investment dealers of up to 7% cash and 7% warrants in connection with the offering. Finder’s warrants will be exercisable at CAD 0.50 for a period of 12 months from the date of issue. Is New 90 Day High Low • Feb 27
New 90-day high: CA$0.55 The company is up 244% from its price of CA$0.16 on 27 November 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 1.0% over the same period. Recent Insider Transactions • Feb 13
CEO, President & Director recently sold CA$180k worth of stock On the 8th of February, David Ryan sold around 2m shares on-market at roughly CA$0.12 per share. This was the largest sale by an insider in the last 3 months. David has been a seller over the last 12 months, reducing personal holdings by CA$181k. Recent Insider Transactions Derivative • Feb 07
CEO, President & Director exercised options to buy CA$300k worth of stock. On the 1st of February, David Ryan exercised options to buy 2m shares at a strike price of around CA$0.12, costing a total of CA$180k. This transaction amounted to 71% of their direct individual holding at the time of the trade. Since March 2020, David's direct individual holding has increased from 1.52m shares to 2.12m. Company insiders have collectively bought CA$359k more than they sold, via options and on-market transactions, in the last 12 months. 