New Risk • Jun 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.0m (US$9.31m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Market cap is less than US$10m (CA$13.0m market cap, or US$9.31m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Tillkännagivande • Apr 21
Aventis Energy Intersects Anomalous Radioactivity in Multiple Drill Holes At the Corvo Uranium Project and Concludes Inaugural Drill Program Aventis Energy Inc. announced that drilling activities have been completed at the Company’s Corvo Uranium Project (“Corvo” or the “Project”) located near Wollaston Lake in northeastern Saskatchewan. The inaugural drill program (the “Program”) was designed to begin testing the Manhattan, Brooklyn and Tribeca target areas for basement hosted uranium mineralization. The Project is currently under a three-year earn-in option agreement (the “Option Agreement”) with Standard Uranium Ltd. (“Standard”). Pursuant to the Option Agreement, the Company has been granted an option (the “Option”) to earn a 75% interest in the Project by funding CAD 6 Million in exploration expenditures over three (3) years. The winter 2026 drill program was funded by the Company and operated by Standard. The winter drill Program was comprised of 2,457 metres across ten (10) drill holes, seven of which intersected anomalous radioactivity within multiple intervals. One (1) drill hole was restarted due to difficult ground conditions. The inaugural Program began testing three (3) high-priority target areas defined by data integration and modeling of a Project-wide Time-Domain Electromagnetic (“TDEM”) survey, a 5,185-station ground gravity survey, and surficial geological information. Targets were selected and prioritized through an iterative approach working in collaboration with Convolutions Geoscience Corporation, targeting compelling geophysical signatures and favorable geological/structural settings. Recent prospecting and mapping across the Project outlined multiple mineralized outcrops and boulders, including the Manhattan showing which returned results up to 8.10% U3O8 at surface. The nine (9) completed drill holes encountered highly favorable geological settings for basement-hosted uranium deposits, including: Twenty-three (23) metres of anomalous radioactivity (>300 cps) intersected across multiple intervals in seven (7) drill holes, often associated with structurally disturbed and altered rock. Fault zones were encountered in multiple holes, many featuring prominent brittle reactivation features including breccias, cataclasites, fault gouge, strong fracturing and local shearing all of which are consistent with uranium mineralization in the region. Drill core samples have been collected systematically throughout all drill holes for whole-rock multi-element geochemical analysis and samples from zones of anomalous radioactivity have been submitted to SRC Geoanalytical Laboratories in Saskatoon for U3O8 and Rare Earth Element (“REE”) assay. These analytical results will be integrated with the detailed logging information and geophysical datasets to prioritize follow-up target areas for future drill testing, in addition to testing of numerous other priority regional targets. The Company believes the Project is highly prospective for the discovery of shallow, high-grade basement-hosted uranium mineralization akin to the Rabbit Lake deposit and the recently discovered GMZ and Ackio zone. Located just outside the current margin of the Athabasca Basin, Corvo boasts more than twenty-nine (29) km of structural corridors with multiple untested drill targets with minimal cover of glacial till. This first pass drill program marks the first drilling on the Project in more than forty (40) years, and the results confirm critical metal fertility across multiple target areas. The Company and Standard will incorporate the results of the 2026 Program into the exploration strategy at Corvo for follow-up exploration programs targeting basement hosted uranium mineralization. New Risk • Apr 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (84% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (CA$16.7m market cap, or US$12.0m). Tillkännagivande • Feb 12
Aventis Energy Inc. Initiates Winter Drill Program At Corvo Uranium Project, Southeast Athabasca Basin Aventis Energy Inc. announced that drilling activities have commenced at the Company's 12,364-hectare Corvo Uranium Project located near Wollaston Lake in northeastern Saskatchewan. Field crews arrived at the Project on February 6th, and drilling commenced on schedule on February 9th. Drilling Underway: Drilling activities began on February 9th, 2026. Approximately 2,500-3,000 metres are planned across eight to ten drill holes targeting shallow high-grade basement-hosted uranium mineralization, beginning with the Manhattan target area. The Program is anticipated to span five to six weeks. Robust & Shallow Drill Targets: Drill plans are comprised of road accessible skid-supported diamond drilling focused on high-priority uranium targets refined by geophysical work completed by the Company in 2025, led by recent prospecting and confirmation of strong radioactivity at surface (up to 8.10% U3O8 grab samples at Manhattan) within ideal uranium host rocks. Untapped Uranium Potential: One diamond drill will focus on high-priority target areas along prospective Xcite™? electromagnetic ("EM") corridors overlain by high-resolution ground gravity data with the proven exploration thesis of focusing on major conductor trends associated with cross-cutting faults and surficial radioactivity expressions. Fully Funded: The Company is funding 100% of the Program and Standard Uranium Ltd. ("Standard") is acting as operator. Tillkännagivande • Feb 06
Aventis Energy Set to Drill the Corvo Project Including the High-Grade Manhattan Uranium Showing with 8.10% U3O8 Surface Sample Aventis Energy Inc. announced that mobilization is underway for the maiden diamond drilling campaign at the Company's Corvo Uranium Project ("Corvo" or the "Project"), located in the eastern Athabasca Basin region. The winter 2026 program will focus on the Manhattan Showing, an area characterized by significant surface mineralization with outcrop samples grab samples returning up to 8.10% U3O8 along a NE-SW trending electromagnetic ("EM") corridor coincident with low gravity anomalies. Mobilization & Site Access Initiated: Base diamond drilling personnel have commenced road construction to establish Project access. The drilling crew is currently finalizing preparations and is scheduled to be route to the site by the end of this week. High-Priority Shallow Drill Targets identified: The Program will be comprised of approximately three thousand (3,000) metres of skid-supported diamond drilling, partitioned across eight (8) to ten (10) drill holes. Operations will focus on high-priority uranium targets, which were rigorously refined through integration and interpretation of the Company's 2025 high-resolution geophysical surveys and historical data. Drilling to Test High-Grade Manhattan Showing: For the first time, the Company will drill test the Manhattan Showing, which returned a maximum surface sample grade of 8. 10% U3O8.1 This priority target is characterized by a confluence of mineralization, EM conductors, and newly defined density anomalies - classic signatures of Athabasca-style uranium mineralization. Additionally, the upcoming program is designed to explore the untapped potential of the northwestern EM corridor, which extends along strike from the showing for several kilometres. The Company is working to advance its Corvo Uranium & Sting Copper Project. The Corvo Uranium property has historical drill holes intersected multiple intervals of uranium mineralization, notably along a strike length of 800 metres between historical drill holes TL-79-3 (0.116% U3O8 over 1.05 m) and TL-79-5 (0.065% U3O8 over 0.15 m)2. High-grade Uranium at Surface with the Manhattan showing (1.19 to 5.98% U3O8) and SMDI showing 2052 (0.137% U3O8 and 2,300 ppm Th). The Sting Copper Project covers approximately 12,700 hectares and recently had results of 54.8m at 0.32% Cu starting at a depth of 27.0m, with higher-grade intervals including six samples (0.5m length) ranging from 0.96% to 5.43% Cu. High grade samples of 0.5m at 2.85% Cu and 0.5m at 1.92% Cu with an additional broader interval of 31.1m at 0.27% Cu. Tillkännagivande • Jan 13
Aventis Energy Inc. Prepares to Mobilize for Inaugural Drill Program and Announces Completion of Ground Gravity Survey on the Corvo Uranium Project Aventis Energy Inc. announced the completion of an extensive high-resolution ground gravity survey across the Corvo Uranium Project. Additionally, the Company and Standard Uranium are pleased to announce that final planning is complete for the inaugural winter drill program on the Corvo Uranium Project ("Corvo", or the "Project"), situated in the prolific eastern Athabasca Basin region. Exploration teams will be mobilizing to the field in early February, ahead of schedule. Uranium target zones on the Project lie within less than 200 - 300 metres below surface. Untapped Uranium Potential: One diamond drill will focus on the highest-priority target area along the northern EM corridor, investigating the never-before-drilled Manhattan Showing (8.10% U3O8 at surface), coincident with modeled electromagnetic conductors for the first time. Fully Funded: Aventis will be funding 100% of the program to meet the year-one expenditure requirements under the Option Agreement. Key Vendors Secured: The Company has engaged all key contracts for the program and diamond drilling crews will mobilize to the Corvo Project in January to begin constructing Project access. MWH completed the geophysical grid in early January 2026, and the survey comprised more than 5,000 individual gravity measurement stations. A skid-assisted diamond drill program totaling approximately 3,000 metres is planned for winter 2026, which will mark the first drill program on the Project in more than 40 years. Drilling will target high-priority areas including the never-before-drilling Manhattan Showing and other newly-identified radioactive occurrences across the property. The Company is working to advance its Corvo Uranium & Sting Copper Project. The Corvo Ura nium property has historical drill holes intersected multiple intervals of uranium mineralization, notably along a strike length of 800 metres between historical drill holes TL-79-3 (0.116% U3O8 over 1.05 m) and TL-79-5 (0.065% U3O8 over 0.15 m)2. High-grade Uranium at Surface with the Manhattan showing (1.19 to 5.98% U3O8) and SMDI showing 2052 (0.137% U3O8 and 2,300 ppm Th). This news release contains "forward-looking information" within the meaning of the Canadian securities laws. Statements, other than statements of historical fact, may constitute forward looking information and include, without limitation, statements with respect to the Project and its mineralization potential; the Company's objectives, goals, or future plans with respect to the Project; the Company's anticipated exploration programs at the Project; the expected benefits of receiving the Permits; and completion of the Programs. With respect to the forward-looking information contained in this news release, the Company has made numerous assumptions regarding, among other things, the geological, metallurgical, engineering, financial and economic advice that the Company has received is reliable and are based upon practices and methodologies which are consistent with industry standards. Additionally, there are known and unknown risk factors which could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of well results and the geology, continuity and grade of uranium, copper, gold and other metal deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; the need for cooperation of government agencies in the exploration and development of properties and the issuance of required permits; the Company has received is reliable. Tillkännagivande • Nov 27
Aventis Energy Inc. Receives Drill Permits and Initiates Ground Gravity Survey on the Corvo Uranium Project Aventis Energy Inc. announced exploration permits have been received for the Corvo Uranium Project. Work programs under the 18-month permits will include high-resolution geophysical surveys and the Company’s first drill program on the Project beginning in January 2026. The Company contracted MWH Geo-Surveys (Canada) Ltd. to complete an extensive 50 m x 200 m ground gravity survey covering more than twenty-nine kilometers of conductive strike length, which will aid in identifying density anomalies that may represent hydrothermal alteration systems coinciding with uranium fertile electromagnetic conductor trends. MWH mobilized to the Project on November 24, 2025, and the survey will be comprised of more than five thousand individual gravity measurement stations. Following completion of the gravity survey, a skid-assisted diamond drill program totalling approximately three thousand metres is planned for January 2026, which will mark the first drill program on the Project in more than forty years. Drilling will target high-priority areas including the never-before-drilled Manhattan Showing and other newly identified radioactive occurrences across the Project. Outcrop grab samples collected earlier this year returned uranium assays reaching a maximum of 8.10% U3O8 at the Manhattan Showing. The Project is located 60 km due east of Cameco’s McArthur River mine and 45 km northeast of Atha Energy’s Gemini Mineralized Zone. Earlier this year, the Company contracted Axiom Exploration Group Ltd. in partnership with New Resolution Geophysics to carry out a helicopter-borne Xcite time domain electromagnetic and total field magnetic survey over the Project. The survey totalled approximately 1,380 line-kms with a traverse line spacing of 100 m and tie-line spacing of 1,000 m. The airborne TDEM survey outlines several kilometers of conductive anomalies and magnetic features in bedrock, effectively enhancing the resolution of more than twenty-nine kilometres of conductive trends on the Project. Ongoing geophysical interpretation and modeling is being completed to integrate historical surveys with newly collected datasets, which will provide high-priority drill targets and significantly derisk the Project prior to modern drilling in 2026. In July of 2025, Standard Uranium Ltd. as operator completed the Company’s first prospecting and mapping program on the Project with the objective of ground-truth sampling historical uranium showings including the Manhattan Showing, which returned results up to 59,800 ppm uranium (total digestion). The Company identified zones of off-scale radioactivity (>65,535 cps on a handheld RS-125 Super-Spec) and collected hand samples which returned results ranging from 0.72% to 8.10% U3O8, the highest grades ever reported on the Project. New drill targets were developed based on previously undocumented radioactive showings, and an NI 43-101 technical report was filed on the Project, highlighting high-grade surface mineralization at the Manhattan Showing. The Company believes the Project is highly prospective for the discovery of shallow, high-grade basement-hosted uranium mineralization akin to the Rabbit Lake deposit and the recently discovered GMZ. Located just outside the current margin of the Athabasca Basin, the Project boasts shallow drill targets with bedrock under minimal cover of glacial till. Tillkännagivande • Nov 11
Aventis Energy Bolsters Targets Along Uranium Trends At the Corvo Uranium Project with Korrai Technologies Aventis Energy Inc. announced that, in partnership with KorrAI Technologies Inc. it has identified hotspots of biogeochemically stressed vegetation that may be linked to the presence of radiogenic compounds and radon related to uranium mineralization at the Corvo Project. The Project is comprised of 12,265 hectares of uranium exploration real estate located along the eastern margin of Saskatchewan's Athabasca Basin. KorrAI completed a satellite-based remote sensing study powered by geology-driven artificial intelligence (the Program). Hyperspectral data were analyzed and processed to identify potential areas of biogeochemically stress vegetation potentially caused by environmental stressors such as radiogenic compounds. Indicated incidences of elevated biogeochemical stress - Class 1 interpretation. According to KorrAI, these anomalies may correspond closely with favourable basement lithologies and faulted graphitic horizons previously identified through airborne geophysics and surface mapping. The results reinforce the Project area's potential to host shallow-cover, basement-hosted uranium mineralization analogous to other Athabasca region deposits. Tillkännagivande • Nov 01
Aventis Energy Inc. announced that it has received CAD 1.5 million in funding On October 31, 2025, Aventis Energy Inc. closed the transaction. The company announced that it has received 3,658,537 flow-through shares at a price of CAD 0.41 per FT Share for gross proceeds of CAD 1,500,000.17. In connection with the closing of the Offering, the Company paid an aggregate of CAD 37,500 in cash finder’s fees and issued an aggregate of 98,684 finder’s shares at CAD 0.38 per share. All securities issued in connection with the Offering are subject to a statutory hold period of four months and one day. Tillkännagivande • Oct 22
Aventis Energy Inc. announced that it expects to receive CAD 2.6 million in funding Aventis Energy Inc announced a non-brokered private placement to issue 6,341,463 flow-through shares at a price of CAD 0.41 per FT share for aggregate gross proceeds of CAD 2,599,999.83 on October 21, 2025. The FT Shares will be subject to a statutory hold period in Canada ending on the date that is four months plus one day following the closing date of the Offering. Tillkännagivande • Oct 21
Aventis Energy Inc. Announces Final Assay Results from its 2025 Exploration Program at the Corvo Uranium Project Aventis Energy Inc. announced final assay results from its 2025 exploration program at the Corvo Uranium Project, currently under a three-year earn-in option agreement with Standard Uranium Ltd. From July 4 to July 16, 2025, the Company completed a detailed mapping and sampling program across historical uranium showings and zones of interest on the Project. Assay results confirm uranium mineralization across the Project, including high-grade surface mineralization at the Manhattan Showing. Highlights: High-Grade Uranium at Surface: Verification of surficial uranium mineralization across the Project., including the historical Manhattan Showing with assay results returning uranium grades ranging from 0.72% to 8.10% U3O8 in outcrop grab samples. Discovery of New Radioactive Showings: Scintillometer prospecting uncovered previously undocumented radioactive occurrences across the Project in favorable rock types for uranium and Rare Earth Element ("REE") mineralization. Ongoing Exploration: An extensive ground gravity survey is scheduled for December 2025, designed to identify density anomalies potentially representing hydrothermal alteration systems coincident with newly refined EM conductor trends across the Project. A diamond drill program is being planned for first quarter 2026 to begin testing targets developed and ranked through the successful programs executed in 2025. The discovery of new radioactive showings in favorable host rocks highlights the strong potential for both uranium and rare earth element mineralization across the Project. With a ground gravity survey scheduled for December and a maiden drill program planned for early 2026, the Standard technical team completed a detailed mapping, prospecting, and sampling program to ground-truth historical uranium showings at surface on the Project. Corvo Exploration: Supplementary geophysical surveys across the Project have been designed to further refine drill targets for an inaugural drill program in 2026. The Company will complete a high-resolution ground gravity survey across the main conductive trends on the Project, aiming to identify potential hydrothermal alteration halos which could be related to basement-hosted uranium mineralization. Ongoing geophysical interpretation and modeling is being completed to integrate historical surveys with newly collected datasets, which will provide high-priority drill targets and significantly derisk the Project prior to modern drilling in 2026. Tillkännagivande • Sep 23
Aventis Energy Confirms Strong Radioactivity During Successful Exploration Program At the Corvo Uranium Project Aventis Energy announced an update from its 2025 exploration program at the Corvo Uranium Project ("Corvo", or the "Project"), currently under a three-year earn-in option agreement with Standard Uranium Ltd. From July 4 to July 16, 2025, the Company completed a detailed mapping and sampling program across historical uranium showings and zones of interest on the Project. Off-Scale Radioactivity at Surface: Verification of strong radioactivity at the historical Manhattan showing with handheld scintillometer measurements >65,535 counts per second ("cps") at surface, in addition to 112 further occurrences of highly anomalous radioactivity up to 13,500 cps across the Project. Discovery of New Radioactive Showings: Scintillometer prospecting uncovered previously undocumented radioactivity across the Project in favorable rock types for uranium and Rare Earth Element ("REE") mineralization. Ongoing Exploration: An extensive ground gravity survey is being planned for fourth quarter 2025, designed to identify density anomalies potentially representing hydrothermal alteration systems coincident with newly refined EM conductor trends across the Project. A diamond drill program is being planned for first quarter 2026 to begin testing targets developed and ranked through the detailed programs executed in 2025. Regional Map of the Corvo Uranium Project: Beginning July 4 and concluding July 16, 2025, the technical team completed a detailed mapping, prospecting, and sampling program to ground-truth historical uranium showings at surface on the Project: A total of 30 outcrop and boulder grab samples have been submitted to Saskatchewan Research Council Geoanalytical Laboratories in Saskatoon, SK for whole-rock, uranium, and REE geochemical analysis. Results will be released and incorporated into the first NI 43-101 technical report on the Project. Recent expansion of the Project adds multiple new data points of uranium anomalism in the south, including surface sample JJWLR011, returning 1,420 ppm U. Future Exploration Plans: Supplement geophysical surveys across the Project are being designed to further refine drill targets for an inaugural drill program. The Company plans to complete a high-resolution ground gravity survey across the main conductive trends on the Project, aiming to identify potential hydrothermal alteration halos which could be related to basement-hosted uranium mineralization. Ongoing geophysical interpretation and modeling is being completed to integrate historical surveys with newly collected datasets, which will provide high-priority drill targets and significantly derisk the Project prior to modern drilling in 2026. Tillkännagivande • Sep 05
Aventis Energy Announces Vtem Survey on the Sting Copper Project Aventis Energy announced that it has engaged Geotech Ltd. and completed a VTEM (Versatile Time-Domain Electromagnetic) survey on two of its prospective claim blocks within the Sting Copper Project located in western Newfoundland, Canada. The industry leading VTEM system employed by Geotech was deployed over a total of 311 planned line-km. Both targeted claim blocks have not previously been surveyed using airborne geophysics and the southern claim block has seen limited exploration activity since 1991, despite containing the southern extension of the basalt unit in the area considered to be favorable for hosting volcanogenic massive sulphide (VMS) mineralization. Tillkännagivande • Aug 01
Aventis Energy Commences KorrAI Technology Program At the Corvo Uranium Project Aventis Energy announced that it has commenced its KorrAI Technology Program with KorrAI Technologies Inc. at the Corvo Uranium Project located in the Athabasca Basin, Saskatchewan. The Company is working to advance its Corvo Uranium & Sting Copper Project. The Corvo Uranium property has historical drill holes intersected multiple intervals of uranium mineralization, notably along a strike length of 800 metres between historical drill holes TL-79-3 (0.116% U3O8 over 1.05 m) and TL-79-5 (0.065% U3O8 over 0.15 m)2. High-grade Uranium at Surface with the Manhattan showing (1.19 to 5.98% U3O8) and SMDI showing 2052 (0.137% U3O8 and 2,300 ppm Th). High grade samples of 0.5m at 2.85% Cu and 0.5m at 1.92% Cu with an additional broader interval of 31.1m at 0.27% Cu. Tillkännagivande • Jul 29
Aventis Energy Announces Intent to Complete NI 43-101 Technical Report on the Sting Copper Project Aventis Energy announced that it has contracted Dahrouge Geological Consulting Ltd. ("Dahrouge") to complete a Technical Report (the "Report") in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects on the Sting Copper Project ("Sting" or the "Project") located in western Newfoundland, Canada. Dahrouge and its predecessor, Halferdahl and Associates Ltd., have advised and assisted clients in identifying, exploring, and developing mineral projects since 1971. Dahrouge's team of geologists and dedicated support staff continue to build a fifty-year legacy, handling projects of all scopes from grassroots exploration, to resource delineation, to prefeasibility and feasibility level studies and are currently recognized worldwide for their expertise in the exploration and discovery of "critical" elements. The purpose of the Report is to provide a comprehensive update on the Project including all available historical data that the Company has gathered, in addition to strong copper grades retrieved from the fall 2024 drill program. The Report will offer valuable insights by compiling existing data, previous work, and new technology to better guide future programs. Sting Project Highlights including 2024 Drilling Program (see company news release January 14, 2025): VB24-001: 20.5m at 1.21% Cu including 5.0m at 2.22% Cu and 54.8m at 0.32% Cu, VB24-002: 78.0m at 0.24% Cu including 9.0m at 0.76% Cu, VB24-003: 0.50m at 2.85% Cu and 0.50m at 1.92% Cu and 31.1m at 0.27% Cu, VB24-004: 2.70m at 0.61% Cu, and VB24-005: 22.85m at 0.20% Zn including 3.5m at 0.51% Zn and 0.50m at 1.24% Cu and 0.60% Zn and 1.05m at 1.13% Cu and 0.12% Zn and 5.25m at 0.57% Cu. Historical channel samples at the Jumbo Lode within the Sting Copper Project assayed 14.3% Cu over 3.1 m and 9.0% Cu over 9.14 m. Historical grab samples assayed 6.4% Cu from the basal 0.3 m of the Jumbo lode and 0.13% Cu from the upper 1.5 m of the lode. Dean (1977) estimated grade and tonnage of high-grade ore within Jumbo as 14.7% Cu and 14,714 tons and disseminated ore as 6.0% Cu and ~26,956 tons. Tillkännagivande • Jul 23
Aventis Energy Announces Results of High-Resolution Tdem Survey At the Corvo Uranium Project in Northern Saskatchewan Aventis Energy provided a summary of results from an airborne Time Domain Electromagnetic ("TDEM") survey (the "Program") completed on its 12,265-hectare Corvo Uranium Project ("Corvo", or the "Project") earlier this year. Highlights: Refined EM Conductors: The modern TDEM dataset confirms and improves previously defined EM conductors on the Project, outlining 29 kilometres of prospective exploration strike length across the Project. Integrated Target Development: The results of the recent airborne TDEM survey are currently undergoing further digital processing and modeling to prioritize target areas for inaugural drilling in 2026. Maiden Drill Program: A diamond drill program is being planned for First Quarter 2026 to begin testing targets developed and ranked through the detailed exploration and geophysical programs executed in 2025. The helicopter-assisted survey was flown using the 30Hz Xcite™? TDEM system that simultaneously collects time domain electromagnetic, and magnetic data. The extensive survey was aimed to detect, locate, and characterize anomalous conductive and magnetic responses across the Project to aid in future exploration drill hole targeting. The survey was completed on schedule, on budget, and successfully gathered high-resolution data to depth that will be key to identifying exploration targets under glacial cover through the delineation of conductive trends possibly related to packages of graphite and/or sulphide-bearing metasedimentary rocks commonly associated with uranium mineralization. Subsequent inversion, interpretation, and modeling of the recently acquired data in 3D software will allow the Company to prioritize newly identified exploration targets for follow-up diamond drilling programs. The survey results confirm and improve upon the previously defined conductive corridors on the Project that overlap with historical geophysical and geochemical anomalies, in addition to drill holes with known uranium intercepts. The magnetic survey component of the TDEM survey contributes to definition of potential fault systems and structural trends not previously identified across the Project. Supplementary geophysical surveys are being designed to further refine drill targets for an inaugural drill program. The Company plans to complete a high-resolution ground gravity survey across the main conductive trends on the Project, aiming to identify potential hydrothermal alteration halos which could be related to basis-hosted uranium mineralization. Results will be released and incorporated into the first NI 43-101 technical report on the Project. Tillkännagivande • Jul 08
Aventis Energy Announces Mobilization of Exploration Crews to the Corvo Uranium Project in Northern Saskatchewan Aventis Energy Inc. announced that Integrated Target Development: The results of the recent airborne TDEM survey are currently undergoing geophysical inversion, interpretation, and modelling to prioritize target areas for inaugural drilling. Inaugural Drill Program: A diamond drill program is being planned for first quarter 2026 to begin testing targets developed and ranked through the detailed programs that will be executed in 2025. Regional map of the Corvo Property. The Project is located 45 km northeast of Atha Energy's Gemini Mineralized Zone ("GMZ") and 60 km due east of Cameco's McArthur River mine. The Company's technical team mobilized to the Corvo Project on July 4, 2025, to undertake a detailed mapping, prospecting, and sampling program to ground-truth historical uranium showings at surface. collected grab samples will be transported to Saskatchewan Research Council Geoanalytical Laboratories in Saskatoon, SK for geochemical analysis. Results will be released and incorporated into the first NI 43-101 technical report on the Project. Supplementary geophysical surveys across the Project are being designed to further refine drill targets for an inaugural drill program. The Company plans to complete a high-resolution ground gravity survey across the main conductive trends on the Project, aiming to identify potential hydrothermal alteration halos which could be related to basement-hosted uranium mineralization. Earlier this year, the Company contracted Axiom Exploration Group Ltd. in partnership with New Resolution Geophysics to carry out a helicopter-borne Xcite time domain electromagnetic and total field magnetic survey over the Corvo Property. The magnetic survey component of the TDEM survey contributes to definition of potential fault systems and structural trends not previously identified across the project related to historical uranium showings at surface and in historical drill holes. Ongoing geophysical interpretation and modeling is planned throughout 2025 to integrate historical surveys with newly collected datasets, which will provide high-priority drill targets and significantly derisk the Project prior to modern drilling next year. The Company believes the Project is highly prospective for the discovery of shallow, high-grade basement-hosted uranium mineralized Zone. Any historical grab samples disclosed are selected samples and may not represent true underlying mineralization. Tillkännagivande • Jun 10
Aventis Energy Inc. Announces Exploration Plans At Its Corvo Uranium Project Aventis Energy Inc. provided a summary of 2025 exploration programs planned on its Corvo Uranium Project. Highlights: High-grade Uranium at Surface: A prospecting, mapping, and geochemical sampling program is planned for July 2025 to ground-truth historical uraniferous outcrops including the Manhattan showing (1.19 to 5.98% U3O8) and SMDI showing 2052 (0.137% U3O8 and 2,300 ppm Th). High-Resolution Geophysics: An extensive ground gravity survey is being planned for fourth quarter 2025, designed to identify density anomalies potentially representing hydrothermal alteration systems coincident with newly refined electromagnetic ("EM") conductor trends across the Project. Integrated Target Development: The results of the recent airborne TDEM survey and the planned ground gravity survey will be subject to geophysical inversion, interpretation, and modelling, and integrated with the Project's existing datasets, to prioritize target areas for inaugural drilling. Inaugural Drill Program: A diamond drill program is being planned for first quarter 2026 to begin testing targets developed and ranked through the detailed programs that will be executed in 2025. Samples will be shipped to Saskatchewan Research Council Geoanalytical Laboratories in Saskatoon, SK for geochemical analysis. Results will be released and incorporated into the NI 43-101 technical report on the Project. Supplementary geophysical surveys across the Project are being designed to further refine drill targets for an inaugural drill program. The Company plans to complete a high-resolution ground gravity survey across the main conductive trends on the Project, aiming to identify potential hydrothermal alteration halos which could be related to basement-hosted uranium mineralization. Ongoing geophysical interpretation and modeling is planned throughout 2025 to integrate historical surveys with newly collected datasets, which will provide high-priority drill targets and significantly derisk the Project prior to the anticipated modern drilling next year. The Company believes the Project is highly prospective for the discovery of shallow, high-grade basement-hosted uranium mineralisation akin to the Rabbit Lake deposit and the recently discovered Gemini Mineralized Zone. Any historical grab samples disclosed are selected samples and may not represent true underlying mineralization. The Company is working to advance its Corvo Uranium & Sting Copper Project. The Corvo Uranium property has historical drill holes intersected multiple intervals of uranium mineralization, notably along a strike length of 800 metres between historical drill holes TL-79-3 (0.116% U3O8 over 1.05 m) and TL-79-5 (0.065% U3O8 over 0.15 m)2. High-grade: Uranium at Surface with the Manhattan showing (1. 19 to 5.98%U3O8) and SM DI showing 2052 (0. 137% U3O8 and2,300 ppm Th). High grade samples of 0.5m at 2.85% Cu and 0.5m at 1.92% Cu with an additional broader interval of 31.1m at 0.27% Cu. Tillkännagivande • Jun 04
Aventis Energy Inc. Announces Appointment of Michael Mulberry to the Board of Directors Aventis Energy Inc. announced the appointment Mr. Michael Mulberry has been appointed to the board of directors of the Company. Mr. Mulberry has also been appointed as an independent member of the Audit Committee. Mr. Todd Hanas will be stepping down from his position as a board member, and the Company wishes him well in his future endeavors. Mr. Mulberry’s background includes several management positions such as President, CEO and Director of Roogold Inc. (2018-2022), and director and/or officer at Secova Metals Corp., Westkam Gold Corp. and World Organics Inc. Additionally, Mr. Mulberry has provided geo-technical services, project management, logistics and technical support to numerous mining exploration companies. Most recently, Mr. Mulberry was Founder, Director and President of FenexOro Gold Corp. (2017-2020) and Founder, Director, and Chief Financial Officer of Benjamin Hill Gold Corp. Tillkännagivande • May 21
Aventis Energy Provides Recent Exploration Insights At the Corvo Uranium Project Aventis Energy. provided a comprehensive summary of exploration insights and historical data gathered at its Corvo Uranium Project. Basement-hosted Uranium Prospect: Historical drill holes intersected multiple intervals of uranium mineralization, notably along a strike length of 800 metres between historical drill holes TL-79-3 (0.116% U3O8 over 1.05 m) and TL-79-5 (0.065% U3O8 over 0.15 m). High-grade Uranium at Surface: Prospecting, mapping, geochemical surveying, and drilling completed in the late 1970s and 80s identified graphitic metasedimentary rocks in outcrop along the conductive corridor and led to the discovery of multiple uraniferous outcrops including the Manhattan showing (1.19 to 5.98% U3O8) and SMDI showing 2052 (0.137% U3O8 and 2,300 ppm Th). F favorable Host Rocks: An airborne Time-Domain Electromagnetic ("TDEM") survey was recently completed to pinpoint graphitic rocks (conductors) favourable for hosting significant concentrations of uranium4. This modern electromagnetic survey will infill and improve upon historical surveys which have identified at least 25 km of combined conductor strike length. Several outcrop showings of mineralized veins and fractures are present on the Project, notably the Manhattan Showing that returned historical sample results up to 59,800 ppm U at surface3 and has never been drill tested. The Project is also prospective for rare earth element ("REE") mineralization, potentially providing additional value upside. Summary map showing low/EM conductor trends on the Corvo project and highlighting historical samples and drill holes with anomalous uranium and/or radioactivity, with first vertical derivative magnetics in the background. Earlier this year, the Company contracted Axiom Exploration Group Ltd. in partnership with New Resolution Geophysics to carry out a helicopter-borne Xcite time domain electromagnetic and total field magnetic survey over the Corvo project. The Company is planning supplementary geophysical surveys across the Project in 2025 to further refine drill targets for an inaugural drill program, in addition to a mapping, prospecting, and sampling program to ground-truth historical uranium showings at surface. Ongoing geophysical interpretation and modeling is planned to integrate historical surveys with newly collected datasets, which will provide high-priority drill targets and significantly derisk the Project prior to modern drilling. New Risk • May 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 44% This is considered a major 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 No financial data reported. Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Market cap is less than US$10m (CA$13.6m market cap, or US$9.73m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Tillkännagivande • May 09
Vital Battery Metals Inc. announced that it has received CAD 1.04 million in funding On May 8, 2025, Vital Battery Metals Inc. has closed the transaction. The company announced it has closed for gross proceeds of CAD 1,040,114.40.Each Unit consists of one (1) common share of the Company and one (1) transferable common share purchase warrant . Each Warrant entitles the holder to purchase one (1) common share at a price of CAD 0.10 per share until May 8, 2027. The Warrants contain an accelerated expiry clause (the "Acceleration Clause"). Pursuant to the Acceleration Clause, if the Shares of the Company close at or above CAD 0.20 for ten (10) consecutive trading days on the Canadian Securities Exchange, then the Company may accelerate the expiry date of the Warrants by issuing a news release announcing the accelerated Warrant term, pursuant to which the Warrants will expire on the 30th calendar day after the date of such news release. In connection with the closing of the Offering, an aggregate of CAD 35,742.87 was paid in cash and a total of 549,890 finder’s warrants were issued as finder’s fees. Each Finder’s Warrant entitles the holder thereof to acquire one common share of the Company at a price of CAD 0.10 per share until May 8, 2027.All securities issued pursuant to the Offering are subject to a statutory hold period of four months and one day, expiring on August 9, 2025. New Risk • Apr 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (CA$4.61m market cap, or US$3.25m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Tillkännagivande • Apr 03
Vital Battery Metals Inc. announced that it expects to receive CAD 1.083333 million in funding Vital Battery Metals Inc. announced a private placement of up to 16,666,667 units at a price of CAD 0.065 per unit for the gross proceeds of CAD 1,083,333 on April 2, 2025. Each Unit will consist of one common share of the Company and one transferrable common share purchase warrant. Each warrant shall be exercisable into one additional common share for a period of 2 years from the closing date at an exercise price of CAD 0.10. The company may pay finders' fees to eligible finders in connection with the placement, subject to compliance with applicable securities laws and the policies of the CSE. There will be a hold period of four months and one day on all securities issued under the Placement. Tillkännagivande • Jan 15
Vital Battery Metals Inc. Drills 20.5m of 1.21% Cu Including 5.0m of 2.22% Cu at Sting Copper Project Vital Battery Metals Inc. reported assay results from its fall 2024 drilling campaign at the Company’s Sting Copper Project (“Project”), located in western Newfoundland, Canada. A total of 912 meters were drilled in five holes, and all assay results have been received and are reported herein. Initial drilling targeted the Jumbo showing, previously reported as 9.0% Cu across 9.1m (Assessment File 012G/08/0002). Key results include: VB24-001: Intersected 54.8m at 0.32% Cu starting at a depth of 27.0m, with higher-grade intervals including six samples (=0.5m length) ranging from 0.96% to 5.43% Cu. The main mineralized zone, likely extending from the Jumbo showing, begins at 81.8m, yielding 20.5m at 1.21% Cu, with chalcopyrite-rich zones up to 7.12% Cu over 0.5m. · VB24-002: Drilled westward under the Jumbo showing, intersecting broad, lower-grade mineralization with 78.0m at 0.24% Cu, including 9.0m at 0.76% Cu. VB24-003 and VB24-004: Targeted a prominent chargeability anomaly to the east. VB24-003 returned multiple high-grade samples, including 0.5m at 2.85% Cu and 0.5m at 1.92% Cu with an additional broader interval of 31.1m at 0.27% Cu. · VB24-005: Intersected the basalt-gabbro contact above the main mineralization zone. Key intercepts include 22.85m at 0.20% Zn (with 3.5m at 0.51% Zn), and copper bearing intervals including 0.5m at 1.24% Cu and 0.6% Zn, 1.05m at 1.13% Cu, and 5.25m at 0.57% Cu. These results demonstrate the potential of the Sting Copper Project to host significant copper and zinc mineralization. The discovery of high-grade zones alongside broader lower-grade intervals may provide vectors for additional zones of interest. Contact angles of sulphide mineralization and quartz veining suggest the true thicknesses of mineralized intercepts in VB24-001 may be approximately 25-50% of the original drilled thickness. Intercepts in VB24-003 and VB24-005 are believed to be close to the true thickness, while orientations in VB24-002 and VB24-004 could not be determined with confidence. Collected diamond drill core was logged and sampled using industry best standards in Gander, Newfoundland. Sample lengths ranged from a minimum of 0.5m in well mineralized zones to 1m in moderately mineralized areas and a maximum of 2.0m outside of these zones. Standards, blanks, and quarter duplicates were part of the sample stream in 4% abundances each, respectively. Cut samples were delivered to SGS Canada Inc. in Grand Falls-Windsor, Newfoundland for initial preparatory work. Samples were prepared under code PRP89 and then shipped to Burnaby, British Columbia for analysis under codes GE_ICM90A50 (55 elements, sodium peroxide fusion, ICP-AES/ICP-MS finish) and GE_FAA30V5 (Au fire assay, AAS finish). Copper overlimits were analyzed under code GO_ICP90Q100 (ore grade sodium peroxide fusion, ICP-AES finish). Tillkännagivande • Nov 20
Vital Battery Metals Announces Assay Results on Its Sting Copper Project Including 9.3% Cu, 15.8 G/T Ag and 6.7% Zn Vital Battery Metals Inc. announced results from its 2024 summer prospecting and soil sampling program at the Company’s Sting Copper Project, located in western Newfoundland, Canada. The collection of 38 outcrop samples, 583 soil samples, and 11.64 meters of channel samples from 8 individual channels on the Jumbo-Red Lode and North Sting claim blocks resulted in the discovery of new prospective areas for VMS-style mineralization and confirmed the presence of multiple exciting drill targets in the Jumbo-Red Lode claim block. Assay Result Highlights: Soil sampling east of the Jumbo showing (9.0% Cu across 9.1m) (Assessment File 012G/08/0002) covering prospective ground with no previous soil sampling has revealed an extensive east-west oriented 300+ meter long Cu-Zn-As anomaly, further extending the extent of the soil sample anomalies previously recognized on this claim block. A new zone located 200 meters to the east of the Jumbo showing, which no grab samples have previously been taken from, was found to contain rusty chalcopyrite bearing basalt outcrop exposure with a grab sample returning 9.3% Cu. Taken together with the anomalous soil sampling results and the sizable chargeability anomalies recognized by Vital’s recently completed IP survey, the area east of the Jumbo showing is highly prospective to contains VMS-style mineralization. Additional grab and channel samples taken from quartz-carbonate veining bearing outcrops downslope from the Red Lode showing have confirmed the presence significant gold values including 15.8 g/t Au from a grab sample and 6.0 g/t Au over 0.34 m in a channel sample. Structural measurements and vein orientations suggest northeast-southwest vein orientations with a southeasterly dip, possibly following regional structures such as the immediately adjacent Gregory River fault. A grab sample south of the Friar Tuck (3.7 g/t Au over 0.9 m, Assessment File 012G/08/0078) showing within a 50+ cm wide outcrop of massive sulphide along Gregory River, the full extent of which is obscured by overburden, returned 6.7% Zn. This outcrop alongside with the IP chargeability anomalies upslope to the west from this outcrop demonstrate that this area, still to be drill tested, represents an area of significant future potential for Vital. Vital recently completed its inaugural drill program at the Sting Copper Project for a total of 912 meters drilled in 5 drill holes. Vital is eagerly anticipating the assay results from this program and will update the market with these results as they become available. Sample Collection and Analysis Procedures: Grab and soil samples were collected, described, photographed, and placed in labelled bags. Standards appropriate to the sample type and quartz blanks were added at regular intervals to the sample stream. Channels were cut using a portable saw and key information regarding each channel (azimuth, width, depth, sample lengths, locations) were carefully recorded. Each channel sample was processed in an identical manner to grab samples with description and photographs being collected for each. All samples were delivered to the SGS Canada Inc. facility in Grand Falls-Windsor, Newfoundland for initial preparatory work. Grab and channel samples were prepared under code PRP89 and soil samples were prepared under code PRP104. Prepared material was then shipped to Burnaby, British Columbia where it was analyzed under codes GE_ICM90A50 (55 elements, sodium peroxide fusion, ICP-AES/ICP-MS finish) and GE_FAA30V5 (Au fire assay, AAS finish) for grab and channel samples and under code GE_ARM3V25 (49 element package, aqua regia digest, ICP-MS finish) for soil samples. Overlimit results for Au were analyzed using fire assay with a gravimetric finish (GO_FAG30V) while overlimit analyses for Cu and Zn were analyzed using sodium peroxide fusion with an ICP-AES finish (GO_ICP90Q100). Tillkännagivande • Nov 05
Vital Battery Metals Inc. Completes Inaugural Drill Program and Intersects Copper Mineralization at Sting Copper Project Vital Battery Metals Inc. announced the completion of its fall 2024 drilling campaign at the Company's Sting Copper Project ("Project" or "Sting"), located in western Newfoundland, Canada. Over the course of the program, a total of 912 meters have been drilled in 5 drill holes, that all successfully intersected zones with chalcopyrite and pyrite mineralization ranging in form from disseminations and stringers to semi-massive zones associated with veining or regional lithological contacts and faulting. Drilling during this program focused on areas surrounding and to the immediate east of the Jumbo showing with areas surrounding the Red Lode (2.5% Cu across 1.8m) (Assessment File 012G/08/0002) and Lode 9 (6.1% Cu across 2.8m, Assessment File 012G/08/0078, readers are cautioned that mineralization hosted on adjacent properties is not necessarily indicative of mineralization hosted on Vital’s claim block) showings, both associated with anomalous soil and grab sample results, remaining to be drill tested. Tillkännagivande • Sep 18
Vital Battery Metals Inc., Annual General Meeting, Nov 18, 2024 Vital Battery Metals Inc., Annual General Meeting, Nov 18, 2024. Tillkännagivande • Aug 23
Vital Battery Metals Inc. announced that it has received CAD 0.5 million in funding On August 22, 2024, Vital Battery Metals Inc closed the transaction. Tillkännagivande • Jul 26
Vital Battery Metals Inc. announced that it expects to receive CAD 0.5 million in funding Vital Battery Metals Inc. announced a non-brokered private placement to issue 4,347,826. units at a price of CAD 0.115 per unit for the gross proceeds of CAD 499,999.99 on July 25, 2024. Each unit will consist of one common share and one-half of one transferable warrant. Each warrant will entitle the holder to purchase one common share for 24 months at a price of CAD 0.15 per share. Closing of the private placement is subject to the Canadian Securities Exchange approval. The company may pay finders' fees consisting of 6% cash and 6% warrants in connection with the private placement. The warrants shall bear the same terms as the warrants issued under the units pursuant to the private placement. Tillkännagivande • Jul 11
Vital Battery Metals Inc. Provides Update on Phase 1 of Its 2024 Exploration Program At Its Sting Copper Project Vital Battery Metals Inc. provided an update on Phase 1 of its exploration work at the company's Sting Copper Project ("Project" or "Sting"), located in western Newfoundland. Surface exploration work was managed by Dahrouge Geological Consulting Ltd., it included geologic mapping, rock and soil geochemical surveys, and prospecting during a three week period in May and June of 2024. Exploration targeted areas adjacent to known high-grade copper mineralization at both Jumbo (9.0% Cu across 9.1m) and Red Lode (2.5% Cu across 1.8m) (Assessment File 012G/08/0002), as well as the underexplored North Sting claim block. 134 soil samples collected from the Jumbo-Sting claim block, east of the Jumbo showing, to define the extent of Jumbo, and in an underexplored section near the Gregory River area. Where unit orientations were available, channel samples were collected perpendicular to the mineralization so as to represent true thickness. Upcoming Work: Phase 1 exploration will continue with a ~13 line-km IP survey and associated line cutting, which will be completed in late July and early August of 2024. The Company has engaged Eastern Geophysics Ltd., a geophysical company based nearby in Corner Brook, NL and with experience in the area, to conduct the survey. Induced polarization (IP) surveys are commonly used to detect the occurrence of sulphide rich ore bodies at depth and the survey is expected to help the Company refine its current geological model for massive sulphide occurrences within the property. All soil, grab, and channel samples have been submitted for geochemical analysis to SGS Canada Inc.'s Grand Falls-Windsor division. Analytical results, along with field observations and IP survey data, will guide a 1,000+ meter drill program anticipated to begin in September 2024. Inset picture shows the 200-meter distance separating the Jumbo showing and the massive sulphide in Jumbo Brook. These QAQC samples will be supplemented by internal lab QAQC analyses. Management cautions that prospecting surface rock samples and associated assays, as discussed herein, are selective by nature and represent a point location, and therefore may not necessarily be fully representative of the mineralized horizon sampled. In addition, assay results from the exploration program have not yet been received and may change the interpretation of exploration results. Tillkännagivande • Apr 24
Vital Battery Metals Announces 2024 Exploration & Drilling Program on Its Sting Copper Project Vital Battery Metals Inc. announced upcoming comprehensive summer Work Programs at the Company’s Sting Copper Project ocated in western Newfoundland. Vital holds a commanding 123 km2 land package within 7 claim blocks located north of the Bay of Islands which contain northerly extensions of the lithologic units host to the past producing York Harbour Mine (recent drilling of up to 5.25% Cu over 29m, York Harbour Metals news release March 26, 2022) found southwards from the Property. The exploration programs will be led by Dahrouge Geological Consulting Ltd. In preparation for the spring/summer 2024 field exploration programs at Sting, Dahrouge has reviewed historical and recently acquired exploration data, which have indicated that the rocks within the Property have the potential to contain both copper and gold mineralization as Cyprus-type Cu-Zn (+/- Au, Ag) VMS deposits as well as structurally controlled Cu and Au mineralization. The 2024 field exploration will target three prospective Areas within two claim blocks. A first phase of exploration will include mapping and sampling over both claim blocks as well as an IP survey at Jumbo-Lode. Following receipt and interpretation of results from the first phase a follow-up drilling program is targeted for the fall of 2024 at Jumbo-Lode. Highlights of the proposed 2024 work program include: Jumbo-Lode Claim Block: Follow-up soil sampling and prospecting, close to the historical, previously channel sampled, Jumbo (9.0% Cu across 9.1m), Red Lode (2.5% Cu across 1.8m) (Assessment File 012G/08/0002), and Friar Tuck (3.7 g/t Au over 0.9 m, Assessment File 012G/08/0078) showings will confirm mineralized trends and highlight targets for future drilling. The Lode 9 copper occurrence has also been channel sampled (6.1% Cu across 2.8m, Assessment File 012G/08/0078) and is located <250m to the north of the Jumbo-Lode Claim Block (readers are cautioned that mineralization hosted on adjacent properties is not necessarily indicative of mineralization hosted on Vital’s claim block). An IP survey in the southwest and northeast corners of the claim block will focus on areas with anomalous Cu and Au soil samples results and further aid in drill targeting. As previously reported (company news release, October 26, 2023), outcrop samples with quartz veining downslope of the Red Lode showing returned up to 9.51 g/t Au and up to 2.53% Cu .These outcrops will be channel sampled and re-examined to aid in drill targeting. North Sting Claim Block: The North Sting Claim Block hosts the northerly extension of the prospective mineralized trend within the Jumbo-Lode Claim Block. The company considers this area to be underexplored and prospective for further discoveries. Additional soil geochemical surveys and prospecting will be completed in this area. A VTEM survey will be flown over this claim block to define prospective areas for more detailed targeting. Drill Program: It is anticipated that the company will complete a fall 2024 drill program, pending receipt of drill permits at the Jumbo-Lode Claim Block and after data from the 2024 surface exploration program has been received. Drilling at the Jumbo-Lode Claim Block will test the subsurface extent of multiple targets, including historic showings, soil anomalies, and mineralized outcrops. Previous drilling results obtained outside of the Sting Property include (a) 2.12% Cu across 7.2m (DDH GR-91-2), immediately adjacent to the Lode 9 mineral occurrence (Assessment file 012G/08/0098) and (b) 1.19g/t Au, 10.2g/t Ag, 1.05% Zn, and 0.78% Cu over 8.29 m (DDH GGR-06-04) near the boundary of Sting Group Claims) to the northeast of Red Lode in 2006 (Assessment file 012G/08/0127, readers are cautioned that mineralization hosted on adjacent properties is not necessarily indicative of mineralization hosted on Vital’s claim block). The Drilling Program will test for extensions of these mineralized zones within the Sting Property. Historical and recently acquired field data both support mineralized zones in the Jumbo-Lode Claim Block having northerly trends and moderate to steep westerly dips. Field teams will work within the Project to confirm these observations. Future Drill Programs will target the approximate true widths of this mineralization. New Risk • Jan 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.1m (US$9.74m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (CA$13.1m market cap, or US$9.74m). Minor Risk Shareholders have been diluted in the past year (10% increase in shares outstanding). Tillkännagivande • Jan 23
Vital Battery Metals Inc. Announces Results from the Soil Sampling and Surficial Geological Study Vital Battery Metals Inc. announced results from the soil sampling and surficial geological study recently completed on the Sting project (the "Project"), located in northwestern Newfoundland. The mafic rocks that underlie the coincident Cu-Au-Zn soil anomaly are part of the Bay of Islands Complex that is host to copper and copper/zinc deposits such as the York Harbour Mine, a former producer located 35 km to the south-southeast. Within the Project, the contact between these volcanic rocks and associated intrusive rocks, known as the Gregory River fault, has been to shown to host copper, gold and zinc mineralization, evidenced by rock sampling results from the recently completed prospecting program that returned <0.001 to 9.50 ppm gold, <1 to 48,400 ppm copper and 4 to 19,700 ppm zinc from outcrop located on the soil anomaly's southwestern flank. A detailed surficial geology study over the core claims comprising the Project was undertaken by Dr. Derek Turner, M.Sc., Ph.D., P.Geo. (B.C.) on behalf of the Company and has revealed that the soil anomaly strongly correlates with colluvial surficial material, indicating that the anomaly is likely derived from underlaying bedrock with little mechanical or gravitational dispersion. Immediately west of the anomaly, till veneers (< 1 m depth) and till blankets (> 1 m depth) likely mask potential indications of bedrock mineralization. In total, 404 soil samples were collected. Results ranged from < 0.001 to 1.96 ppm Au, 4 to 2,675 ppm Cu, and 4 to 4,164 ppm Zn. Soil samples were collected from the B-horizon, where available, in pits dug with a spade-bladed long handle rock hammer. Approximately 200-400 g of material was placed into brown kraft paper bags, tied closed with flagging tape, and then each bag was assigned a unique sequential identifying number denoting the location and the sampler. Samples were hand-delivered to the SGS Labs prep facility in Grand Falls, Newfoundland and prepared with code PRP104, where samples are dried to 60°C, and then screened through an 80 mesh. Prepared material was then shipped to SGS's main lab in Burnaby, B.C. where samples were analyzed using method GE_ARM3V25 which involves analysis by ICP-MS following a 2-acid digestion producing a 49-element suite Thomas Hawkins, P. Geo (1000315), a "Qualified Person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release. Tillkännagivande • Dec 29
Vital Battery Metals Inc. announced that it has received CAD 0.75285 million in funding On December 28, 2023, Vital Battery Metals Inc. closed the transaction. The company issued 1,673,000 flow-through units for gross proceeds of CAD 752,850. The company has paid finder’s fees of CAD 34,987.50 and issued 77,750 finder’s warrants to an arm’s-length party, entitling the holder to acquire one share at a price of CAD 0.45 per share for a period of 24 months. All securities issued pursuant to the private placement will be subject to a hold period expiring April 29, 2024. Tillkännagivande • Dec 20
Vital Battery Metals Inc. announced that it expects to receive CAD 0.8 million in funding Vital Battery Metals Inc. announced a non-brokered private placement to issue 1,777,777 flow-through units at an issue price of CAD 0.45 per unit for the gross proceeds of CAD 799,999.65 on December 19, 2023. Each FT Unit will consist of one common share and one-half of one transferable common share purchase warrant. Each Warrant will entitle the holder to acquire one additional common share at an exercise price of CAD 0.60 for a period of 24 months from the closing date. Finder’s fees may be payable in accordance with the policies of the Canadian Securities Exchange. There will be a hold period of four months and one day on all securities issued under the Placement. Tillkännagivande • Oct 27
Vital Battery Metals Field Program Returns 9.5 ppm Gold, 4.84% Copper and 1.97% Zinc in Outcrop on the Sting Project in Newfoundland Vital Battery Metals Inc. announced results from the mapping and rock sampling program completed on the Sting project in northwestern Newfoundland. Significant gold, copper and zinc values in rock were encountered along a contact between mafic volcanic and intrusive rocks, a regional structure referred to as the Gregory River Fault that is known to host precious and base metal mineralization. Highlighted results include 9.5 g/t gold, 0.5% copper and 2.0% zinc discovered in outcrop. Significant results in outcrop across a regional NE trending zone of high copper, gold, and zinc. On trend with the York Harbour Copper Mine – Regional magnetic geophysics clearly shows the faulted contact between the mafic marine volcanics and hypabyssal intrusive rock, referred to as the Gregory River Fault, running through the center of the Sting group of claims and the York Harbour Copper Mine. Cluster of highly anomalous samples taken over 350 m from an area with no documented mineral showing. Claim package comprises prospective geology covering 123 km2 in mining-friendly Newfoundland. Structural analysis and soil sample interpretation are ongoing. The company is currently planning for the next phase of exploration that will continue to expand upon and refine the encouraging geochemical results discussed above, with the ultimate aim to produce drill targets. The mafic rocks that underlie the Jumbo Lode Prospect, the key focus for the recent exploration program, are part of the Bay of Islands Complex that is host to copper and copper/zinc deposits such as the York Harbour Mine, a former producer located 35 km to the south-southeast. The contact between the volcanic and intrusive rocks of the Bay Island Complex has been to shown to host copper, gold and zinc mineralization and is evidenced by sampling results from the recently completed program in the area of the Jumbo Lode prospect that returned <0.001 to 9.50 ppm gold, <1 to 48400 ppm copper and 4 to 19700 ppm zinc. Sampling teams collected 99 rock samples and 404 soil samples over four grids across the property. Soil samples were collected at 25-metre intervals along lines and lines were 100-200 metres apart. Soil sampling results from the program are currently being interpreted in conjunction with a structural study and will be discussed in a subsequent news release. Regional magnetic geophysics clearly shows the faulted contact between the mafic marine volcanics and hypabyssal intrusive rock, referred to as the Gregory River Fault, running through the center of the Sting group of claims. The spring field program was managed by Coast Mountain Geological Ltd. (CMG) of Vancouver, B.C. The rock and soil samples collected by the field team were submitted by CMG personnel directly to SGS Labs in Grand Falls Windsor, Newfoundland where they were analysed under analytical codes GE and ARM3V25. Vital Battery Metals is working to advance its Schofield Lithium, Dickson Lake Lithium, Sting Copper Project, and Vent Copper-Gold Projects. The Schofield Lithium Project covers 8,824 hectares and is adjacent to Brunswick Exploration’s Hearst Lithium Project. The Schofield Lithium Project is located ~60 km south of Hearst, Ontario. The Dickson Lake Lithium Project covers 464 single-cell mining claims and approximately 9,780 hectares and is near a Brunswick Exploration Lithium Project, Imagine Lithium’s Jackpot Deposit and Rock Tech’s Georgia Lake Deposit. The Sting Copper Project covers approximately 12,300 hectares and hosts multiple historic Newfoundland and Labrador Government documented mineral occurrences and is located within a 50-km corridor known for significant volcanogenic massive sulfide (VMS), copper quartz vein lode and low sulphation epithermal gold showings. The Vent Copper-Gold project covers 1,562 hectares in British Columbia. Vital continues to evaluate value-add assets to bolster its project portfolio. Tillkännagivande • Sep 16
Vital Battery Metals Inc. Completes Phase 1 Work Program At the Vent Copper Project Vital Battery Metals Inc. announced the successful completion of the Phase 1 Exploration Program (the ‘Program’) at its Vent Copper Project (the ‘Project’) in the Alberni Mining Division, located in southwest British Columbia. The Program was executed in collaboration with Geomap Exploration Inc. and was aimed at acquiring essential data for the development of high- priority drill targets. Over the course of four weeks in May and June 2023, the Program encompassed prospecting, mapping, sampling, and ground geophysical surveys. Target areas identified in the 2021 technical report were thoroughly investigated. Notably, special attention was given to the Vent-Ken showings, which had previously demonstrated high copper and silver values in sampling. A comprehensive sampling and mapping program over other claims blocks was also conducted to further evaluate these areas. Geological mapping and soil sampling efforts spanned the entire Project, focusing on regions where magnetic surveys indicated the presence of near-surface features. Vital remains committed to unlocking the full potential of the Project and will continue to provide updates on the progress of this exciting endeavor. The exploration data is being compiled by the Company and will be reported as soon as available. New Risk • Aug 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major 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 No financial data reported. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Market cap is less than US$10m (CA$10.4m market cap, or US$7.64m). Tillkännagivande • Jul 14
Vital Battery Metals Inc. Commences Schofield Lithium Work Program in Northwestern Ontario Vital Battery Metals Inc. announced that it has commenced its initial Exploration Program at its Schofield Lithium Project in Northwestern Ontario. The Program is being led by Clark Exploration Consulting Inc. who has been providing geological consulting services in Ontario, Canada as well as in many other jurisdictions both in Canada and Internationally since 1987. Highlights of the Project include: There are 17 mapped pegmatite outcrops on the Project which have not been thoroughly tested for LCT mineralization. The Project is strategically situated adjacent to Brunswick Exploration's Hearst Lithium Project. Located 15km north of the Quetico-Wawa subprovince terrane boundary, the Project benefits from deep-seated regional structures know to influence LCT pegmatite mineralization. Located within the Quetico subprovince, the Project comprises a variety of evolved S-type granitoids and pegmatites hosted by metamorphosed sediments (paragneisses) and metavolcanics. Historical chip samples from Brunswick Exploration's Hearst package have shown 5.15% Li2O. The Project's exploration phase will consist of a 16-day 3-stage prospecting Program. Like the Company's previously announced program for the Dickson Lake Lithium Project, the aim of the current Program will be to locate, delineate and sample pegmatite dikes on the Project. Crews will take one day to locate and explore all historic roads on the Project establishing which are usable and which are not. The next stage will be a prospecting and sampling phase. Crews will take the next 7 to 10 days to traverse the Project attempting to locate and sample pegmatites noted in historic reports but also new ones that weren't previously reported. The last stage of the Program will involve hand stripping and channel sampling. Stripping targets will be selected based on their prospectivity, overburden as well as location. Crews will take the rest of the time to hand strip, detail map and channel sample and channel sample an exposure. Samples collected will be brought to AGAT Laboratories in Thunder Bay, Ontario. Tillkännagivande • Jun 09
Vital Battery Metals Announces Dickson Lake Lithium Work Program Vital Battery Metals Inc. announced that it has commenced its initial Exploration Program at its Dickson Lake Lithium Project in Northwestern Ontario. The Program will be led by Clark Exploration Consulting Inc. who has been providing geological consulting services in Ontario, Canada as well as in many other jurisdictions both in Canada and Internationally since 1987. Highlights of the Project include: Neighbouring to Rock Tech Lithium's Georgia Lake Project, which has an indicated & inferred mineral resource of 14.8MT of Li2O(1). Neighboring Imagine Lithium's Jackpot Deposit, which has a historical resource of 2 MT of Li2O and is currently being drilled for additional lithium targets(2), and to potentially expand the resource. Existence of 25 mapped pegmatite outcrops on the Project, which have not been thoroughly tested for LCT (lithium, cesium and tantalum) mineralization. Mapped pegmatites on the Project are hosted in metasedimentary migmatites/paragneisses and within felsic intrusives, a geological environment similar to other successful LCT pegmatite discoveries in the Quetico subprovince (Lowther, Georgia Lake). Presence of lake sediment anomalies (Lithium/Cesium) in the northeast part of the Project, indicating the potential for LCT mineralization. The goal of the program will be to locate, delineate and sample pegmatite dikes on the property. The Company will begin the Program by focusing on previous mapping that indicates that there are at least 25 pegmatite outcroPS on the Project(3). These are primarily composed of white and pink pegmatite with minor aplite (garnet, biotite and tourmaline). The pegmatites mapped vary in size from single small outcrops to areas that measure 1,000m long and 100m wide. Additionally, the Company will also work to identify new pegmatite outcrops and conduct detailed sampling and mapping across the Project. Samples collected will be sent to AGAT Laboratories in Thunder Bay, Ontario for analysis. Tillkännagivande • Jun 03
Vital Battery Metals Inc. Commences Sting Copper Project Work Program Vital Battery Metals Inc. announced, in partnership with Coast Mountain Geological Ltd. ("CMG"), that it has commenced its summer Exploration Program (the "Program") at its Sting Copper Project in northwestern Newfoundland. The Company has previously reported assay results of grab samples at its Sting Copper Project including 14.2% Cu, 11.6% Cu, 14.2% Cu, 13.9% Cu, with complimentary gold values ranging from 7 to 470 ppb. Vital is targeting high grade copper and precious metals in western Newfoundland on its Sting Copper Project. The mafic rocks that underlie the Jumbo Lode Prospect are part of the Bay of Islands Complex that is host to copper and copper/zinc deposits such as the York Harbour Mine, a former producer located 35 km to the south-southeast. Additionally, York Harbour Metals recently reported final results of its Phase 4 drilling program which included a drill hole (YH22-73) that intersected 44.93 meters of 1.292% copper including 5.36 meters of 2.938% copper. The current work Program is designed to follow-up from the previous encouraging results and to expand known mineralized zones. The Program also includes gridded prospecting, mapping and geochemical sampling to provide coverage over underlying favorable regional geology and geophysics. The three separate grids include the North Sting, Jumbo-Lode and South Sting grids. The North Sting grid covers 240 ha of ground and is draped over the NE-trending contact between mafic volcanic rocks and mafic intrusive rocks, a regionally important lineament for copper mineralization. The Jumbo-Lode area has historically compelling copper anomalies which surround and extend from the Jumbo, Red Love and Lode 9 mineral showings. The team will infill, expand upon, and verify the historical results, as well as test the eastern contact between mafic volcanic/intrusive rocks for copper anomalies. The South Sting grid provides coverage over the same lineament further south, where no record of exploration work exists. Tillkännagivande • Feb 01
Vital Battery Metals Announces Additional Exploration Results, Including A Grab Sample of 14.2% Copper At Its Sting Copper Project in Newfoundland Vital Battery Metals Inc. provide additional exploration results for the initial exploration program at its Sting Copper Project North of York Harbour, Newfoundland. The objective of this program is to confirm the previously reported high copper grades in mineralization at Jumbo Lode Prospect (“Jumbo”) and prospect for adjacent mineralized zones. The exploration program continues to confirm the very high copper grade of the massive sulfide at Jumbo as well as demonstrating the anomalous gold values associated with the mineralization. An old trench was located 90m south of Jumbo at an elevation 30m above the Jumbo massive sulfide consisting of strongly altered mafic rock that returned elevated copper, gold, cobalt values and suggests that alteration and mineralization extends well beyond the known showing. Vital is targeting high grade copper and precious metals in western Newfoundland on its Sting Copper Project. This news release covers additional rock sample results from the first pass at Jumbo Lode Prospect, the most significant occurrence within the Sting Copper Project. The mafic rocks that underlie the Jumbo Lode Prospect are part of the Bay of Islands Complex that is host to high grade copper and copper/zinc deposits including the York Harbour Mine, a former producer located 35 km to the south-southeast. The western part of the claim blocks is underlain by leucogabbro and sheeted dykes and similar gabbro underlies the eastern part of the property. Massive and pillowed basalt flows are exposed along the north-northeast trending Gregory River which defines a probable regional gently plunging syncline. The basalt is structurally and conformably above the gabbros and depositional features indicate sub-horizontal stratigraphy. The Jumbo occurrence is characterized by black chloritic altered gabbro and mafic dykes locally with silicification, disseminated sulfides and lenses of massive pyrite and chalcopyrite. Prospecting near the Jumbo Lode along Gregory River showed basalt displays strong chloritic alteration locally with heavy pyrite and minor chalcopyrite. Altered mafic rock was located south of Jumbo suggesting that alteration and mineralization extends well beyond the area of the prospect. Vital adheres to strict Quality Assurance and Quality Control protocols. The rock samples are kept under secure control by the prospector and delivered directly to Eastern Analytical at 403 Little Bay Road, Springdale, NL. The rock samples are assayed for 34 elements utilizing a four acid digestion and analyzed by ICP-OES. Gold is analyzed by fire assay (30g) utilizing an AA finish (Code Au (Fire assay) @ 30g + ICP-34). Ore grade analysis provides a higher dissolution with a higher metal content and was carried out for samples with greater than 10,000 ppm Cu and greater than 6 ppm Ag. Eastern Analytical is I.S.O. 17025 Accredited in Fire Assay Au and multi-acid ore grade assays in Cu, Pb, Zn, Ag, Fe and Co. Samples are analyzed with strict quality control utilizing blanks, duplicates and standard reference material. Tillkännagivande • Jan 05
Vital Battery Metals Announces Initial Exploration Results At Its Sting Copper Project Vital Battery Metals Inc. provided the exploration results for the initial exploration program at its Sting Copper Project. The objective of this program is to confirm the previously reported high copper grades in mineralization at Jumbo Lode Prospect (“Jumbo”) and prospect for adjacent mineralized zones. The exploration program confirmed the very high copper grade of the massive sulfide at Jumbo as well as demonstrating the anomalous gold values associated with the mineralization. A mineralized zone was located 1 km northeast of Jumbo exposed on Gregory River with high gold values and elevated silver and zinc. Vital is targeting high grade copper and precious metals in western Newfoundland on its Sting Copper Project. This news release covers the first pass at Jumbo Lode Prospect, the most significant occurrence within the Sting Copper Project. The mafic rocks that underlie the Jumbo Lode Prospect are part of the Bay of Islands Complex that is host to high grade copper and copper/zinc deposits including the York Harbour Mine, a former producer located 35 km to the south-southeast. The western part of the claim blocks is underlain by leucogabbro and sheeted dykes and similar gabbro underlies the eastern part of the property. Massive and pillowed basalt flows are exposed along the north-northeast trending Gregory River which defines a probable regional gently plunging syncline. The basalt is structurally and conformably above the gabbros and depositional features indicate sub-horizontal stratigraphy. The Jumbo occurrence is characterized by black chloritic altered gabbro and mafic dykes locally with silicification, disseminated sulfides and lenses of massive pyrite and chalcopyrite. Prospecting near the Jumbo Lode along Gregory River showed basalt displays strong chloritic alteration locally with heavy pyrite and minor chalcopyrite. Samples were collected near the east boundary of license 027460M. Tillkännagivande • Dec 31
VITAL BATTERY METALS INC. Announces Change of CFO VITAL BATTERY METALS INC. announced it has appointed Bryce Clark as Chief Financial Officer of the Company, effectively December 28, 2022. Mr. Clark is the principal of Bryce A. Clark & Associates Ltd., A CPA firm in Vancouver BC engaged in public account. Mr. Clark is a member in good standing of the Chartered Professional Accountants Association and brings more than 20 years of board experience in both private and public companies. The Company wishes to thank Dong Shim for his services as Chief Financial Officer and wishes him all the best in future endeavours. The Company wishes to thank Dong Shim for his services as Chief Financial Officer and wishes him all the best in future endeavours. Tillkännagivande • Dec 01
Vital Battery Metals Inc. Announces Board Changes Vital Battery Metals Inc. has appointed Paul Chung as a director of the Company, effective immediately. Mr. Paul Chung holds a Bachelor of Science Degree in Geology from the University of British Columbia and received a Master of Business Administration from Athabasca University. Mr. Chung is a co-founder of Altaley Mining Corporation, which owns two operating poly-metallic mines in Mexico. Mr. Chung was also on the team that discovered the Mariana lithium project located at Salar de Llullaillaco in Argentina, which is expected to produce 10,000 tonnes of lithium carbonate equivalent per year, for 25 years. Mr. Chung is a former director of Patriot Battery Metals Inc., one of the most significant lithium discoveries in North America. Mr. Chung is experienced in project management and possesses extensive skills in bringing companies to the public markets and negotiating international transactions. He has conducted operations throughout North and South America and was responsible for asset acquisitions, project oversight, strategic planning, government liaison, and ensuring strategic alignment between parent and subsidiary. The Company also announced the resignation of director Trevor Doerksen. Board Change • Nov 17
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 10
Vital Battery Metals Inc. announced that it has received CAD 2.3 million in funding On November 9, 2022, Vital Battery Metals Inc. closed the transaction. The company has amended the terms of the transaction. The company has issued 9,200,000 units at a price of CAD 0.25 per unit for gross proceeds of CAD 2,300,000. The company has paid finder’s fees of CAD 58,975 nd issued 235,900 finder’s warrants to arm’s-length parties, entitling the holder to acquire one share at a price of CAD 0.35 per share for a period of 24 months. All securities issued pursuant to the transaction will be subject to a hold period expiring March 9, 2023. Tillkännagivande • Sep 22
Vital Battery Metals Inc. announced that it expects to receive CAD 2.5 million in funding Vital Battery Metals Inc. announce a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.25 per unit for gross proceeds of up to CAD 2,500,000 on September 21, 2022. Each unit will consist of one common share and one transferable common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at an exercise price of CAD 0.35 for a period of 24 months from the closing date. Finder’s fees may be payable in accordance with the policies of the Canadian Securities Exchange. There will be a hold period of four months and one day on all securities issued under the transaction.