Announcement • Mar 23
Major Precious Metals Corp. announced that it expects to receive CAD 0.75 million in funding Major Precious Metals Corp. announces private placement of 30,000,000 units at an issue price of CAD 0.025 per unit for gross proceeds of CAD 750,000 on March 22, 2024. Each unit consists of one common share and one transferable common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one additional Share for a period of five years from closing the Private Placement at a price of CAD 0.05 per Share. The Shares issued pursuant to the Private Placement will be subject to a hold period of four months and a day from the closing date of the placement. Announcement • Nov 18
Major Precious Metals Corp., Annual General Meeting, Jan 26, 2024 Major Precious Metals Corp., Annual General Meeting, Jan 26, 2024. Board Change • Sep 15
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Steve Stine was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 11
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Steve Stine was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Director Overboarding • Sep 10
Director Fred Tejada has joined 7th company board Independent Director Fred Tejada has been appointed to the board of Volatus Capital Corp. (CNSX:VC). Tejada now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Volatus Capital Corp. (CNSX:VC), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Sep 10
Director Fred Tejada has joined 7th company board Independent Director Fred Tejada has been appointed to the board of Volatus Capital Corp. (CNSX:VC). Tejada now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Volatus Capital Corp. (CNSX:VC), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Sep 10
Director Fred Tejada has joined 7th company board Independent Director Fred Tejada has been appointed to the board of Volatus Capital Corp. (CNSX:VC). Tejada now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Volatus Capital Corp. (CNSX:VC), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Sep 10
Director Fred Tejada has joined 7th company board Independent Director Fred Tejada has been appointed to the board of Volatus Capital Corp. (CNSX:VC). Tejada now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Volatus Capital Corp. (CNSX:VC), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Sep 10
Director Fred Tejada has joined 7th company board Independent Director Fred Tejada has been appointed to the board of Volatus Capital Corp. (CNSX:VC). Tejada now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Volatus Capital Corp. (CNSX:VC), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Sep 10
Director Fred Tejada has joined 7th company board Independent Director Fred Tejada has been appointed to the board of Volatus Capital Corp. (CNSX:VC). Tejada now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Volatus Capital Corp. (CNSX:VC), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Sep 10
Director Fred Tejada has joined 7th company board Independent Director Fred Tejada has been appointed to the board of Volatus Capital Corp. (CNSX:VC). Tejada now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Volatus Capital Corp. (CNSX:VC), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Is New 90 Day High Low • Dec 24
New 90-day high: CA$0.33 The company is up 43% from its price of CA$0.23 on 24 September 2020. The Canadian market is up 12% 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. Announcement • Nov 07
Major Precious Metals Corp. Applies for 754 sq Km of Added Exploration Licence Area Around Skaergaard Major Precious Metals Corp. ("Major Precious Metals" or the “Company”) announced that it has filed an application for a new Mineral Exploration Licence (“MEL”) adjacent to the Skaergaard Project (“Skaergaard”) with the Mineral Licence and Safety Authority (“MLSA”) within the Greenland Ministry of Mineral Resources. The MEL application area (MLSA-292) is approximately 754 square kilometres (km2) in size and was filed under Skaergaard A/P, the wholly-owned Greenland-based subsidiary of the Company. This new area will represent an approximate 7-fold increase in the Company’s licence position once the Skaergaard acquisition has been completed. The MEL application is located on the southeast coast of Greenland, on the eastern and western shore of the Kangerlussuaq Fjord, midway between the townships of Ittoqqortoormiit and Tasiilaq (500 km southwest) and immediately adjacent to MEL 2007/01 (107 km2) and MEL 2012/25 (16 km2) that comprise the Skaergaard Project. The Company has applied for an MEL in this area to expand its regional footprint for exploration of gold, palladium, platinum and other minerals near the Skaergaard intrusion. Importantly, this new area may be examined for potential sites for future infrastructure as part of the upcoming Preliminary Economic Assessment (PEA) for Skaergaard. Once the MEL application has been approved, the Company plans to complete reconnaissance geological mapping and prospecting in this area to determine its mineralization potential as part of its planned summer 2021 exploration and drilling program at Skaergaard. According to the MLSA, mineral exploration licences are typically granted no later than 3 months after the registration of a complete application, and the Company has been informed that the required 3-week consultation period has already commenced. MEL’s are granted for a period of 5 years and are renewable, and require yearly exploration expenditure commitments calculated based on the size of the licence area and the licence age. The Company will issue a further news release upon receiving final approval of this MEL from the MLSA. Announcement • Sep 29
Greenland Government Approves Transfer of Skaergaard Licences to Major Precious Metals of Major Precious Metals Corp Major Precious Metals Corp. announced that the Greenland Government has approved the transfer of the Skaergaard Exploration Licences (EL 2007/01 and EL 2012/25) to Major Precious Metals. This concludes all due diligence and property specific process and transfer items. Major Precious Metals is also pleased to report that RPA Inc. will be completing their site visit for the Skaergaard Project starting on September 10, 2020 with September 11 being a backup date in case of weather delays. The RPA team will also review historical drill core from the Skaergaard Project located at a core storage facility in Reykjavik, Iceland, and amongst other things, complete interval sampling for titanium, vanadium and gallium and other anomalous elements that could potentially contribute positively to the value and economics of the Skaergaard Project as part of an expanded dataset for a Preliminary Economic Assessment. The full and final closing of the Skaergaard acquisition ("Acquisition") now remains subject only to the approval of the Canadian Securities Exchange ("CSE" or the "Exchange") and customary closing items for a transaction of this nature. The CSE has concluded that the acquisition constitutes a fundamental change for the Company in accordance with the policies of the Exchange. As a result, the acquisition also requires approval of the shareholders of the Company. The Company intends to obtain such approval by way of written consent of the holders of the majority of the outstanding share capital of the Company. Holders consenting to the acquisition will be asked to confirm that they would vote in favour of the acquisition in the event it was presented for approval at a meeting of the shareholders of the Company. The Company believes that this should expedite the process of moving forward to focus on its asset base. Is New 90 Day High Low • Sep 18
New 90-day low: CA$0.28 The company is down 32% from its price of CA$0.42 on 19 June 2020. The Canadian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 28% over the same period.