Annuncio • Feb 21
Supreme Critical Metals Inc. Announces Board Changes Supreme Critical Metals Inc. announces the appointment of Glen R. Watson to its Board of Directors, effective 20 February 2026. The Company also announced the resignation of George Tsafalas from its Board of Directors. Glen R. Watson is a capital-markets and corporate-development executive with 30+ years of experience across the mining and energy sectors. He is currently President and Chief Executive Officer of Supreme Critical Metals Inc., where he leads the Company's corporate strategy, capital-markets initiatives, and overall growth execution. He brings senior leadership experience from multiple public companies, where he has overseen corporate finance, mergers and acquisitions, business development, and market-expansion initiatives. Glen's background also spans investor relations, project finance, and capital-markets outreach, contributing to successful equity financings, strategic partnerships, and early-stage operational ramp-ups. Previously, Glen served as President, CEO, and Director at junior exploration companies, leading corporate strategy and investor engagement. He brings deep expertise in junior-exploration dynamics, Canadian capital-markets practice, and regulatory compliance, along with strong relationships across institutional and retail investors. Known for disciplined governance and pragmatic execution, he is focused on advancing exploration programs and delivering shareholder value. Annuncio • Feb 18
Supreme Critical Metals Inc. announced that it has received CAD 1.141 million in funding On February 17, 2026, the company closed the transaction by closing its second and final tranche. The second tranche consists of 1,730,000 Units at a price of CAD 0.10 per Unit for gross proceeds of CAD 173,000. The LIFE offering resulted in the issuance of a total of 11,410,000 Units and a raise of gross aggregated proceeds to the Company of CAD 1,141,000. The LIFE Offering was oversubscribed from the originally announced maximum of 10,000,000 Units at a rate of 114.1%. The Company paid CAD 2,130 in finder's fees and issued 23,100 finder's warrants in connection with this tranche of the LIFE offering . The Finder's Warrants entitle the holder thereof to acquire one additional Common Share in the capital of the Company at a price of CAD 0.20 for a period of 24 months from the closing of the second tranche of the LIFE offering. Closing of the LIFE offering was conditionally approved by the Canadian Securities Exchange, and the securities issued under the LIFE offering will not be subject to a four-month and one-day statutory hold period. Annuncio • Jan 28
Supreme Critical Metals Inc. announced that it expects to receive CAD 1 million in funding Supreme Critical Metals Inc. announced non-brokered private placement under the listed issuer financing exemption to issue minimum of 6,000,000 units at a price of CAD 0.10 for minimum gross proceeds of CAD 600,000 and maximum of 10,000,000 units at a price of CAD 0.10 for gross proceeds of CAD 1,000,000 on January 27, 2026. Under the LIFE offering, each offered unit will consist of one common share of the company and one-half of one common share purchase warrant. Each whole warrant will be exercisable for a period of 24 months from the closing date and will entitle the holder thereof to purchase one additional common share prior to the expiry of the expiry period at an exercise price of CAD 0.20 per warrant. The securities issued pursuant to the listed issuer financing exemption will not be subject to a hold period in accordance with applicable Canadian securities laws. The company may pay finders' fees or issue compensation securities to finders on a portion of the LIFE offering in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. The closing of the LIFE offering is anticipated to occur on or about February 15, 2026, or such other date(s) as may be determined by the company, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the conditional approval of the Canadian Securities Exchange. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 (Prospectus Exemptions), the LIFE offering is being made to purchasers resident in all provinces of Canada, except Quebec, Newfoundland and Labrador, and Prince Edward Island pursuant to the listed issuer financing exemption under Part 5A of NI 45-106. Annuncio • Dec 16
Supreme Critical Metals Inc. announced that it expects to receive CAD 1 million in funding Supreme Critical Metals Inc. announced a non-brokered private placement to issue minimum of 3,600,000 units at an issue price of CAD 0.15 for minimum gross proceeds of CAD 540,000 and maximum of 6,666,667 units at an issue price of CAD 0.15 for maximum gross proceeds of CAD 1,000,000.05 on December 15, 2025. Each offered unit will consist of one common share of the company and one common share purchase warrant. Each whole warrant will be exercisable for a period of 12 months from the closing date and will entitle the holder thereof to purchase one additional common share prior to the expiry of the expiry period at an exercise price of CAD 0.21 per warrant. The securities issued pursuant to the listed issuer financing exemption will not be subject to a hold period in accordance with applicable Canadian securities laws. The closing of the offering is anticipated to occur on or about January 15, 2026, or such other date(s) as may be determined by the company and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the conditional approval of the Canadian Securities Exchange. Annuncio • Nov 28
Supreme Critical Metals Inc. announced that it expects to receive CAD 2 million in funding Supreme Critical Metals Inc. is undertaking two non-brokered private placement financings on November 26, 2025. The company announced that it has issued 6,666,666 hard-dollar units (non-flow-through units) at a price of CAD 0.15 per unit for gross proceeds of CAD 999,999.9 and 4,651,162 flow-through units at a price of CAD 0.215 per unit for gross proceeds of CAD 999,999.83; aggregate gross proceeds of CAD 1,999,999.73. Each non-flow-through unit will comprise one common share and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one additional common share at a price of CAD 0.021 per common share for a period of two years following the closing date of the offering, subject to the company's right to accelerate expiry and flow-through unit consists of one common share and one-half of one common share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at an exercise price of CAD 0.30 for 24 months. The closing date of the offering is to occur on or about December 8, 2025 or such later date or dates as the company may determine; and the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including approval from the Canadian Securities Exchange.
On November 27, 2025. The company announced Non-Flow-Through Unit financing is exercisable to purchase one additional common share at a price of CAD 0.21 for a period of 24 months from the date of issuance. Annuncio • Sep 23
Supreme Critical Metals Inc., Annual General Meeting, Nov 19, 2025 Supreme Critical Metals Inc., Annual General Meeting, Nov 19, 2025. Annuncio • Sep 19
Supreme Critical Metals Inc. announced that it has received CAD 1.086182 million in funding On September 18, 2025, Supreme Critical Metals Inc. closed the transaction. The company announced that it has 10,861,820 common shares of the Company (the “Shares”) at a price of CAD 0.10 per share for gross proceeds of CAD 1,086,182. The Company paid finder’s fees on the Offering to qualified finder’s of CAD 55,094.56 and 350,000 common shares. Annuncio • Jun 04
Supreme Critical Metals Inc. announced that it expects to receive CAD 0.3522 million in funding Supreme Critical Metals Inc. announced a non-brokered private placement of a maximum of 2,935,000 units of the company at a price of CAD 0.06 per unit for the gross proceeds of CAD 176,100 and 2,935,000 non- life units of the company at a price of CAD 0.06 per unit for the gross proceeds of CAD 176,100 for the total gross proceeds of CAD 352,200 on June 4, 2025. Each offered unit will consist of one common share of the company and one common share purchase warrant. Each whole warrant will be exercisable for a period of 24 months from the closing date and will entitle the holder thereof to purchase one additional common share prior to the expiry of the expiry period at an exercise price of CAD 0.08 per warrant. The securities issued pursuant to the listed issuer financing exemption will not be subject to a hold period, in accordance with applicable Canadian securities laws. Each non-LIFE unit will consist of one common share and one warrant, with each whole warrant entitling the holder thereof to purchase one additional common share prior to the expiry of the expiry period at an exercise price of CAD 0.08 per warrant. The closing of the offering and the concurrent offering is anticipated to occur on or about July 18, 2025, or such other date(s) as may be determined by the company, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the conditional approval of the Canadian Securities Exchange. Annuncio • Feb 23
Supreme Critical Metals Inc. Announces CFO Changes Supreme Critical Metals Inc. announced the appointment of Chris Gulka as Chief Financial Officer after the resignation of Tatiana Kovaleva. The Company wishes Tatiana well in her retirement and thanks her for her services over the past many years. Christopher Gulka brings over 30 years of experience in capital markets and public markets. In 1999, he founded Working Capital Corporation, a corporate finance firm specializing in valuations, due diligence, corporate finance, and management consulting. Mr. Gulka's previous roles include serving as CFO and director of Inner Spirit Holdings Ltd., a retailer and franchisor of Spiritleaf recreational cannabis stores across Canada, which was acquired by Sundial Growers Inc. in a transaction valued at approximately $130 million. Over the years, he has held CFO and director positions with various public companies across sectors such as mining, oil and gas, cannabis, and industrial. Formerly, Mr. Gulka worked as a Financial Securities Analyst at the Alberta Securities Commission and as a staff accountant at Ernst &Young. He holds a Bachelor of Commerce with Distinction from the University of Alberta (1990) and is a Chartered Financial Analyst (CFA) and Chartered Professional Accountant (CPA). Annuncio • Jul 18
Victory Battery Metals Corp. announced that it expects to receive CAD 0.675 million in funding Victory Battery Metals Corp announced a non-brokered private placement of up to 20,454,545 units at an issue price of CAD 0.033 per unit for the gross proceeds of CAD 674,999.985 on July 17, 2024. Each unit consisting of one share and one-half a warrant. Each whole warrant entitles the holder to additional share for two years at a price of CAD 0.10. In connection with the offering, the company may pay finders' fees in cash or securities or a combination of both, as permitted by the policies of the Canadian Securities Exchange and applicable securities laws. The common shares and warrants comprising the units will be subject to a four-month-and-one-day hold period. Annuncio • Apr 17
Victory Battery Metals Corp. announced that it expects to receive CAD 0.5 million in funding Victory Battery Metals Corp. announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.05 for the gross proceeds of CAD 500,000 on April 16, 2024. Each unit consisting of one share and one half a warrant. Each whole warrant entitles the holder to additional share for 2 years at a price of CAD 0.10. In connection with the Offering, the company may pay finder’s fees in cash or securities or a combination of both, as permitted by the policies of the Canadian Securities Exchange and applicable securities laws. The common shares and warrants comprising the units will be subject to a four-month and one-day hold period. Annuncio • Feb 13
Victory Battery Metals Corp. announced that it expects to receive CAD 0.5 million in funding Victory Battery Metals Corp announced a private placement financing of up to 10,000,000 units at an issue price of CAD 0.05 per Unit for aggregate gross proceeds of up to CAD 500,000 on February 12, 2024. Under the Offering, each Unit will be comprised of one common share and one Common Share purchase warrant. Each Warrant entitles the holder thereof to purchase one additional Common Share at a price of CAD 0.065 per Common Share for a period of three years following the closing date of the Offering. In connection with the Offering, the Company may pay finder’s fees in cash or securities or a combination of both, as permitted by the policies of the Canadian Securities Exchange (the “CSE”) and applicable securities laws. The Common Shares and Warrants comprising the Units will be subject to a four-month and one-day hold period. Annuncio • Jan 20
Victory Battery Metals Corp. announced that it expects to receive CAD 0.4 million in funding Victory Battery Metals Corp. announced a private placement of 8,000,000 units at a price of CAD 0.05 per warrant for the gross proceeds of CAD 400,000 on January 19, 2024. Each Unit will be comprised of one common share in the capital of the company and one share purchase warrant. Each warrant entitles the holder thereof to purchase one additional common share at a price of CAD 0.065 per common share for a period of three years following the closing date of the offering, subject to accelerated expiry as described herein. The transaction is expected to occur on or about February 28, 2023. The transaction are subject to certain conditions including, but not limited to, the receipt
of all necessary approvals, including approval from the Canadian Securities Exchange. Annuncio • Aug 04
Victory Battery Metals Corp. Announces Stingray Property Phase One Work Program to Focus on Ground Bordering Two Azimut Exploration Properties Victory Battery Metals Corp. excited to outline its phase one work program for its Stingray array, which will focus on its Lac Block and Riviere Block, directly to the east and south of Azimut Exploration Inc.’s Kaanaayaa and Corvet lithium properties, for which Rio Tinto Exploration Canada Inc. has just signed “two (2) Option to Joint Venture Agreements” with Azimut Exploration. The company announced that its exploration team has outlined a comprehensive work program highlights include: Helicopter access for a full team of up to four Geologists and four technicians to conduct comprehensive program. In deploying a large team, the program can be conducted with the most efficient and cost-effective use of helicopter support; Extensive review of Quebec Government lake sediment data is in progress to be followed by the prospecting and till sampling program on the ground Area of interest focuses on Victory’s Lac Block and Riviere Block which are bordered by Azimut’s Kaanaayaa and Corvet directly to the east and south; It must be noted that the crew and equipment have been selected, however, timing is dependent on the resolution of extensive forest fires in the area. The James Bay Region of Quebec is composed of the Superior Province. This Archean craton has been deformed by various orogens over time and contains gold, lithium, copper, zinc, and silver mineralization. CV5, Corvette Property, James Bay, Quebec, Spodumene Pegmatite is firmly established as the lithium pegmatite mineral resource in the Americas and the 8th globally. 109.2 Mt at 1.42% Li2O and 160 ppm Ta2O5 inferred, (0.40% Li2O cut-off grade). Based on 163 core holes totaling 56,385 m.2. Annuncio • Jul 18
Victory Battery Metals Corp. Provides Update on its Completed Work Program on its Georgia Lake Lithium Property in Ontario’s Proven and Highly Accessible Thunder Bay Lithium District Victory Battery Metals Corp. provided its shareholders with an update on the Company’s recently completed work program on its Georgia Lake Lithium property in Ontario’s proven and highly accessible Thunder Bay Lithium district. Victory’s exploration team has recently completed its summer work program on its Georgia Lake Lithium property and have identified a previously unmapped intrusive unit, a feldspar porphyry, and granitic rock trending towards the property. The significance of the newly noted discoveries is that they show the potential of the property to host previously unmapped intrusives (including pegmatites). There is one belt of intrusives striking northeast towards the property from the Rock Tech ground and two other granitic belts mapped as approaching the property from the east. From all indications, the newly found intrusive body is on trend with the southern of those granitic belts. The exploration team took a total of 62 soil and till samples. The bulk of the samples taken were commonly taken from 0.5 m depth along several east west lines across the southern part of the property. These lines are perpendicular to the dominant ice flow direction and down ice from the inferred intrusive trends. Some deeper till samples and a large, screened stream sediment were also taken. This sampling is intended to be an orientation survey towards a more thorough till sampling program. Pending lab assays from the just completed work program the company will finalize the next phase of development. Annuncio • Jun 27
Victory Battery Metals Corp. Plans Follow-Up Exploration on High-Grade Lithium Assay Results for Smokey Lithium Project Victory Battery Metals provided additional information from its Phase 2 drilling program at its Smokey Lithium Nevada property, demonstrating high-grade Li claystone mineralization over significant widths, comparing favorably to American Lithium's previously reported "high-grade" in-fill drilling results for their TLC claystone Li deposit. Victory is currently planning a follow-up exploration and drilling program on their 100% owned Smokey Lithium Project in Nevada, where a thick sequence of high-grade claystone lithium mineralization was reported in diamond drill hole 23-01. Highly attractive high-grade Li claystone deposits of the rich Esmerelda lithium belt in mining-friendly Nevada are represented by large volumes of open-pittable, near-surface, relatively flat laying, free digging lithium mineralization amenable to low-cost, sustainable mining methods. The current January 2023 Mineral Resource Estimate and Technical Report published recently by Stantec Consulting Services Inc. ("Stantec"), for American Lithium Corp.'s TLC deposit reported a Measured Resource of 4.2 Mt Lithium Carbonate Equivalent ("LCE") (860 Mt @ 924 ppm Li), an Indicated Resource of 4.63 Mt LCE (1192 Mt @ 727 ppm Li) and an Inferred Resource of 1.86 Mt LCE (486 Mt @ 713 ppm Li)using a cut-off grade of 500 ppm Li to an open pittable vertical depth limit of 274 meters. Victory is now planning to define the subsurface extensions of the thick claystone interval discovered in DDH 23-01. A geophysical approach will be taken to map basement faults and potentially conductive claystone units to outline the depth and continuity of favourable thick high-grade lithium claystone units present on the property prior to the next phase of drilling. Annuncio • Jun 15
Victory Battery Metals Announces the Drill Results from Its Phase 2 Drilling Program At Its Smokey Lithium Nevada Property Victory Battery Metals announced the drill results from its Phase 2 drilling program at its Smokey Lithium Nevada property, which include a strong correlation to its Phase 1 2022 drill program confirming a significant area of interest and positive indications for continued exploration. Highlights: Hole 23-01 – From 264 feet to end of hole 536.5 feet, intersected 695 parts per million (“ppm”) lithium in claystone, including 858 ppm Li over 210 feet from 327 feet to 537 feet, 1023 ppm Li over 137 feet from 391 feet to 528 feet, and 1267 ppm Li over 85 feet from 434 feet to 519 feet. Hole 23-01 maximum intercept of 1620 ppm Li occurred over 8 feet from 464 feet to 472 feet. Hole 23-01 compares favourably to Hole 22-09 from the company's previous drill program, correlating in lithology but with higher Li ppm values to 22-09, achieving a main objective of this drill program to test the bottom of the claystone, noting that 2022’s Hole-09 ended in significant claystone hosted lithium mineralization at 417 feet. Planned for a 3-hole program, the Company expanded to 4 holes as announced on 25 April 2023.1 Hole 23-02 reaching claystone at 11 feet and being terminated at 155 feet due to adverse ground conditions that involved swelling clay and the collapse of the hole. Hole 23-03 was drilled to a depth of 617.5 feet, averaging 218 ppm Li for 64.5 feet from 203.5 feet to 268 feet. Hole 23-05 intersected claystone at surface and averaging 303 ppm Li from surface to 220 feet, with highest intercepts of 620 ppm Li for 9.5 feet from 77.5 feet to 87 feet, 530 ppm Li for 9.5 feet from 134.5 feet to 144 feet, and 410 ppm Li for 9 feet from 192 feet to 201 feet. Analysis and Statement of Qualified Person: Drilling of the property is still at an early stage with 7 holes now completed. Strong lithium mineralization within claystone units of the Esmeralda Formation have been intersected at depth below gravel cover in holes 22-09 and 23-01. Encouragingly, the final hole of the spring 2023 program intersected mineralized claystone at surface in hole 23-05. This hole is a large step out from the mineralized area around 22-09 and 23-01. While the mineralization was hit in the first drill interval in 23-05, thin soil cover obscures the presence of these lithium mineralized claystone units at the ground surface. Hole 23-05 opens a new area for exploration of on the property and within the new extension to property recently staked. This portion of the property has not been a focus area from prospecting previously and when combined with the large extension to the property via the newly staked 2000+ acres of ground, a high priority target area presents itself. The at surface position of the claystones in 23-05 opens up a new avenue for exploration where, for instance, shallow soil sampling with an auger could be used to quickly map new areas of thinly concealed mineralization over a large area in the southwest portion of the property. The Company continues to analyze its overall results from all exploration activities, combining two drill programs, field mapping, surface sampling, and Tromino passive seismic studies, to develop the most complete picture for ongoing exploration plans at Smokey Lithium. The project area and surrounding lands show strong lithium mineralization with the Esmeralda Formation at surface. When combined the project area is highly prospective. Annuncio • Jun 13
Victory Battery Metals Announces Expansion Plans for Its Smokey Lithium, Nevada Property Victory Battery Metals announced that the Company initiated expansion plans for its Smokey Lithium, Nevada property upon preliminary analysis of sequentially delivered drill program data, and that its exploration team continues to analyze the overall drill program findings. The Company continues to analyze its overall results from all exploration activities, including its most recent drill results combined with 2022 drilling, field mapping, surface sampling, and Tromino passive seismic studies, to develop the most complete picture for ongoing exploration plans at Smokey Lithium. The project area and surrounding lands show strong lithium mineralization with the Esmeralda Formation at surface. When combined with the highly encouraging results from Victory's first round drilling (com completed in 2022) the project area is highly prospective. Annuncio • Jun 06
Victory Battery Metals Corp. Announces Exploration Team Is Onsite Conducting Its Summer Exploration Program At Its Georgia Lake Lithium Project in the Thunder Bay Mining District, Ontario Victory Battery Metals Corp. announced the Company’s exploration team is onsite conducting its summer exploration program at its Georgia Lake Lithium Project in the Thunder Bay Mining District, Ontario. The current exploration program consists of prospecting and sampling, as well as rock, till and stream sediment sampling directed towards identifying geological or geochemical indicators of Li bearing pegmatites on the Georgia Lake Property, and has been designed to build upon the information below: Muscovite bearing granites are associated with lithium bearing pegmatites on Rock Tech’s property, which lies 1.8 km west of Victory Battery Metal’s Georgia Lake Property. The majority of the lithium bearing pegmatites occur within the metasediments which underlie both properties. These granites are shown to the south and east of the Georgia Lake Property on Pye’s 1965 regional map. This is the only mapping that has been done over Victory’s ground and is likely based on widely spaced traverses that would not have covered the area in detail and As the property is underlain by metasediments, and muscovite granites occur close to the property to the west, south and east, Victory considers the Georgia Lake Property to be highly prospective for Li bearing pegmatites overlooked during regional mapping. Annuncio • May 20
Victory Battery Metals Corp. announced that it expects to receive CAD 0.3 million in funding Victory Battery Metals Corp. announced a private placement financing of up to 6,000,000 units of the company at a price of CAD 0.05 per unit for aggregate gross proceeds of up to CAD 300,000 on May 19, 2023. Each unit will be composed of one common share in the capital of the company and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one additional common share at a price of CAD 0.07 per common share for a period of two years following the closing date of the offering, subject to accelerated expiry as described herein. If, at any time, the closing price of the company's common shares is greater than CAD 0.20 per common share for 10 consecutive days, including days where there is no trading, the company may provide written notice to the holders that the expiry of the warrants shall be accelerated to a date that is not fewer than 30 days from the date of the warrant acceleration notice. In connection with the offering and as disclosed in the offering document, the company may pay finders' fees in cash, securities or a combination of both, as permitted by Canadian Securities Exchange policy and applicable securities laws. The closing date of the offering is expected to occur on or about May 25, 2023, or such later date or dates as the company may determine, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including approval from the Canadian Securities Exchange. Annuncio • May 18
Victory Battery Metals Corp. Completes Initial Mag Survey of its Recently Expanded Tahlo Lake Property in British Columbia’s Prolific Babine Copper-Gold Porphyry District Victory Battery Metals Corp. has completed its initial mag survey of its recently expanded Tahlo Lake Property in British Columbia’s prolific Babine Copper-Gold Porphyry District. The Tahlo Lake Property, recently expanded to 1,688 hectares, is located 8 km northwest of American Eagle Gold's NAK Property and lies 16 km NW of the Morrison Deposit. The property overlies a significant NNW trending magnetometer high within the Hazelton Group rocks and is adjacent to the same NNW trending fault as the Morrison deposit and the historic Bell and Granisle Mines. The mag survey, conducted by Helicopter-borne high resolution aeromagnetic data, utilized geophysical instrumentation attached directly to the helicopter. The company choose to fly in a systematic low-level grid pattern with magnetic sensors mounted in a non-magnetic and non-conductive nose stinger configuration. Compared to conventional slung bird-type survey systems, this innovative design allowed the survey to be safely flown at reduced terrain clearance to minimize noise, improve resolution, and reduce the need for complex corrections to the data. Geophysical data and preparation of maps deployed industry standard Geosoft algorithms and mapping software to show the geomagnetic properties of the survey area. A regional geochemical survey silt sample in the center of the property returned over the 96th percentile for Cu and over the 98th percentile for Zn. The surrounding RGS samples form a cluster of elevated Cu and Zn values. Noranda reported a linear soil anomaly approximately 50 m x 500 m, trending NNW, with Cu values ranging from 60 to 720 ppm Cu to the southwest of the area drained by the highly anomalous silt sample site. Noranda never followed up on the anomaly and no work has been reported since. A regional till sample taken about half a kilometer east of the soil anomaly returned elevated Cu and highly anomalous Zn over the 98th percentile. A till sample about 2 km down ice from this site returned over the 95th percentile for Au. Another till sample on the newly staked property returned 49 ppb Au, which is over the 98th percentile for the region. Annuncio • Feb 16
Victory Battery Metals Corp. (CNSX : VR) acquired 280 New Claims in James Bay Lithium District for CAD 0.34 million. Victory Battery Metals Corp. (CNSX : VR) acquired 280 New Claims in James Bay Lithium District for CAD 0.34 million on February 15, 2023. As part of consideration, Victory Battery paid $100 and issued 3 million shares.
Victory Battery Metals Corp. (CNSX : VR) completed the acquisition of 280 New Claims in James Bay Lithium District on February 15, 2023. Annuncio • Feb 15
Victory Battery Metals Corp. Outlines Initial Plans for Its Stingray Exploration Program in James Bay Lithium District Victory Battery Metals Corp. announced initial plans related to future exploration on its Stingray Property array in the James Bay Lithium District, adjacent to Patriot Battery Metals (PMET) Corvette Lithium discoveries, and that the Company has closed the first tranche of its recently announced financing. Victory Resources has acquired a large ground position in an underexplored area within an emerging lithium district. The Stingray Project encompasses several claim blocks south of Patriot Battery Metals Corvette Property. The Stingray claim blocks range from adjacent to the Corvette to several kilometers away and span over 25 km of east to west strike length. Victory Resources intends to carry out an initial program of prospecting, reconnaissance mapping and geochemical sampling. The goal of the program would be to discover pegmatites similar to those reported on several nearby properties, such as the Corvette Lake North Property. The James Bay Region of Quebec is composed of the Superior Province. This Archean craton has been deformed by various orogens over time, creating large fault zones containing gold, lithium, copper, zinc, and silver mineralization. The majority of the new Stingray claims lie along the same rock unit that has been previously mapped by Patriot Battery Metals Inc., contains lithium-bearing pegmatites up to 20 km in length with Li2O values as high as 1280 ppm. Patriot Battery Metals Corvette property "hosts significant lithium potential highlighted by the 2.6 km long CV5 spodumene pegmatite with drill intercepts of 156.9 m at 2.12% Li2O, including 25.0 m at 5.04% Li2O or 5.0 m at 6.36% Li2O (CV22-083), 159.7 m at 1.65% Li2O (CV22-042), 131.2 m at 1.96% Li2O (CV22-100), and 52.2 m at 3.34% Li2O, including 15.0 m at 5.10% Li2O (CV22-093)."2 The Company also announced that it has closed the first tranche of its previously announced private placement of units. 5,600,000 units were issued at $0.08 per unit. Each unit consists of one common share and one common share purchase warrant exercisable at $0.12 for a two year period, subject to the right of the Company to accelerate expiry upon 30 days' notice if the common shares trade at $0.17 or higher for a period of 10 days. One insider participated in this closing. The Company is relying upon exemptions contained in MI61-101 from the requirements for an independent evaluation and minority shareholder approval. 
