Tillkännagivande • Jul 19
Champion Electric Metals Inc. Announces CFO Changes Champion Electric Metals Inc. announced the appointment of Hatem Kawar, P. Eng, MBA, as Chief Financial Officer ("CFO"). Mr. Kawar has served as a controller and/or CFO for several public mining companies in Canada for the past 20 years and acted as a project manager for an industrial minerals operation in Saudi Arabia. The appointment of Mr. Kawar follows the retirement of Donna McLean, who is stepping down as CFO. Ms. McLean has served as CFO and Controller for numerous publicly traded and private companies, managing financial reporting and controls as well as corporate secretarial administration for established and emerging businesses across a variety of sectors. Tillkännagivande • Jun 17
Champion Electric Metals Inc., Annual General Meeting, Aug 12, 2026 Champion Electric Metals Inc., Annual General Meeting, Aug 12, 2026. Tillkännagivande • Nov 09
Champion Electric Metals Inc. Announces Resignation of Paul Fornazzari as A Member of the Company's Board of Directors Champion Electric Metals Inc. announced that, effective immediately, Paul Fornazzari has stepped down from his position as a member of the Company's Board of Directors. The Company's Board of Directors will continue with the three remaining members until a suitable candidate is appointed. Tillkännagivande • Sep 10
Champion Electric Metals Inc. Collects Significant Lithium in Samples from its Trenching Program at Western Prospect of Quebec Lithium Project in Heart of Eeyou Istchee James Bay Territory Champion Electric Metals Inc. announced significant lithium in samples collected from its trenching program at the Western Prospect of the Quebec Lithium Project in the heart of the Eeyou Istchee James Bay territory. The two strongest intervals reported from the program to date are 10.5 metres averaging 0.96% Li2O and 8.5 metres that averaged 1.17% Li2O. The 2024 program trenching effort focused on less than half of the 1,700 metre-long boulder field identified early in the field season. The team excavated a total of 12 trenches, exposing spodumene-mineralized pegmatite dikes at three locations over a strike length of 340 metres. Systematic channel sampling yielded 143 samples of nominal one metre length each. The length- weighted average grade of all channel samples in pegmatite is 0.47% Li20, while the length-weighted average of the 45 samples grading more than 0.40% Li2O is 1.09% Li2O. The highest Li2O content for a one-metre channel sample is 2.39% Li2O from channel EIQCH24-24 in Trench 8. To date, lithium analyses for 128 channel samples have been received and analyses remain pending for an additional 15 samples. Highlights of the Exposed Spodumene-Bearing Pegmatite Dikes: The thickness of glacial sedimentary cover encountered in trenches ranges from one metre to more than five metres, the maximum reach of the excavator. Once exposed, the bedrock surface in the trenches tends to vary in depth, usually exposing only 10-20 metres at a time; and certain of the trenches failed to reach any bedrock. In most cases, groundwater flows into the trenches to cover the low lying areas. Once a mineralized pegmatite dike was encountered, the team then used the excavator to pursue the exposure as far as practical along strike. The geological team completed systematic mapping and channel sampling of pegmatite dikes with the aid of a two-bladed diamond saw. Channel sampling effectively approximates a "horizontal drill hole", which can be used to constrain the extent of the spodumene mineralized pegmatite dikes by using the geological and sample data. Visual estimates of spodumene content in pegmatite dike trench exposures range 2-10% with significant variability recognized over short distances along strike. Spodumene crystals are pale green in color with a maximum observed length of approximately 80 cm. Pegmatite dikes typically exhibit fine-grained selvages of a few tens of centimetres width at their contacts with amphibolite host rock; these selvages are absent of spodumene and are interpreted as chill margins. Spodumene crystals can locally exhibit crude alignment that is suggestive of the flow direction of the igneous melt. The spodumene pegmatite dikes exposed in trenches are provisionally interpreted to correlate to the mineralized dike intercept in drill hole EIQ24-007. A minimum strike length of 340 metres is indicated for this pegmatite dike that remains open in three directions, northeast, southwest, and at depth. Overview of the 2024 Field Program: The Company's Quebec Lithium Project lies near notable lithium occurrences, such as Patriot Battery Metals' Shaakichiuwaanaan Project (formerly Corvette Project) and Winsome Resources' Cancet Discovery. Fieldwork for 2024 began northeast of the recent mineralized pegmatite discovery and moved quickly to locate a source for the spodumene found in till samples and boulders. The program included fill-in till sampling (closer spacing), boulder prospecting, mapping, trenching, and channel sampling with overburden clearing at the new boulder field. The recent work with the excavator has uncovered large areas of pegmatite dike beneath overburden, and the most recent trench results have included significant lithium content over widths of up to 10.5m. Sampling techniques and QA/QC: Under the supervision of senior staff, geologists collected samples from diamond saw-cut channels in bedrock using rock hammer and chisel. The location for each series of contiguous samples was recorded using a Trimble GPS instrument with 50-centimeter accuracy. Geologists placed the samples in plastic bags which were then organized into larger rice bags to facilitate transport to the lab. Certified standards and blanks were inserted at regular intervals as part of the in-field QA/QC protocols. Champion geologists or contractors maintained secure custody of the samples until transporting them to Activation Laboratories ("Actlabs") in Val d'Or, Quebec for sample preparation and analysis. New Risk • Sep 01
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$20k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (81% average weekly change). Negative equity (-CA$20k). Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€4.44m market cap, or US$4.91m). Minor Risk Shareholders have been diluted in the past year (6.2% increase in shares outstanding). Tillkännagivande • Aug 20
Champion Electric Metals Inc. announced that it has received CAD 1 million in funding On August 19, 2024. Champion Electric Metals Inc. has closed private placement of $800,000. The Company paid a cash finder's fee of $56,000 and 1,120,000 broker warrants to the finder. Tillkännagivande • Jul 31
Champion Electric Metals Inc. announced that it expects to receive CAD 1 million in funding Champion Electric Metals Inc. announced a private placement of up to 25,000,000 flow through shares at a price of CAD 0.04 per FT Share for gross proceeds of up to CAD 1,000,000 on July 30, 2024. The private placement is expected to close on or about August 14, 2024. In accordance with applicable Canadian securities laws, all securities issued pursuant to the private placement with be legended with a hold period of four months and one day from the date of issuance. Completion of the private placement remains subject to the receipt of all necessary regulatory approvals, including approval of the Canadian Securities Exchange. Tillkännagivande • Jul 12
Champion Electric Metals Inc. Reports High Lithium in Boulders from Initial 2024 Sampling at Quebec Lithium Project, James Bay Territory Champion Electric Metals Inc. announced that the company has received results of high-grade lithium from initial geochemical analyses for rock samples from the 2024 field program at the Quebec Lithium Project in the heart of the Eeyou Istchee James Bay territory. The rock samples were taken from the recently reported boulder fields which included boulders up to 5m X 4m X 2m that stretched 1.7 km up ice and up to 50 metres wide. The sample inventory consisted of 39 rock samples that were collected in conjunction with geologic mapping. These samples were submitted to Activation Laboratories in Val d'Or, Quebec along with embedded blind quality assurance samples and certified reference materials. Highlights of Significant Results: Mineralized pegmatite boulders now define a glacial dispersal train of at least 1.7 km along a NE-SW corridor, defining the Western Prospect, which encompasses 2023 till sample EIQ-001 (+52,000 spodumene grains). Clusters of boulders within this glacial dispersal train are angular to sub-angular and range 0.3 to 5m in diameter and contain pale green spodumene crystals to a maximum observed dimension of 35 cm; Grab samples collected from these boulders yielded highly anomalous lithium content, such as 5.83%, 5.78%, and 4.62% lithium oxide (Li2O). These lithium values are the highest encountered to date by Champion Electric at the Quebec Lithium Project; Of the 30 grab samples collected from spodumene-bearing boulders, 23 assayed greater than 1.0% Li2O; Sampling continues to better define additional targets through favorable chemistry, including the key potassium-rubidium ratio ("K/Rb"), at other pegmatite occurrences, such as the Power Line target and elsewhere on the Charles target which are located on the western and eastern portions, respectively, of this large land package; Trenching with an excavator is underway in the western target corridor based on the recently reported drill results and the lithium pegmatite boulder field. Company geologists will collect systematic channel samples using diamond saws across mineralized outcrops encountered in the trenches. Tillkännagivande • Jun 06
Champion Electric Metals Inc. Mobilizes Crew for Field Program Following Recent Lithium Discovery at Its Lithium Property in James Bay, Quebec Champion Electric Metals Inc. reported that it has commenced preparations for the spring field program following discovery of lithium in its maiden drilling program at its Lithium Property in James Bay, Quebec, with the crew on its way to the site. The maiden field program led to the discovery of the first buried lithium pegmatite on the western portion of the property by following up on the discovery of spodumene in till samples. Drill holes EIQ24-007 and EIQ24-008 passed through shallow glacial cover and encountered significant intervals of coarse spodumene crystals and potentially economic lithium mineralization over two to three metres. Given that pegmatite dykes occur in clusters and that this initial drilling may have just cut the narrow tail of much larger dykes, the Champion Electric technical team has designed a follow-up field program to target the likely continuation of the pegmatite mineral system. Champion Electric's field work will commence immediately to the northeast of the recently discovered mineralized pegmatite with prospecting, mapping, geophysics, and excavation and channel sampling. The team will also continue with additional till sampling along the pegmatite trend. Field crews will be clearing overburden and road building to prepare for the next round of drilling, for which permits have been received and drill contracts assigned. New Risk • May 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.70m (US$9.42m) 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 Less than 1 year of cash runway based on free cash flow trend (-CA$5.4m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 9.8% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€8.70m market cap, or US$9.42m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). Tillkännagivande • Apr 19
Champion Electric Metals Inc. Announces Completion of Maiden Exploration Drilling At Its Lithium Property in James Bay, Quebec Champion Electric Metals Inc. reported that it has completed its maiden exploration drill program at the Lithium Property in James Bay, Quebec (the "Property"). Champion Electric's drill program successfully completed 10 diamond drill holes totaling 2,263 metres. Drill hole EIQ24-007 intersected a span of approximately 18.8 m of spodumene-rich pegmatite, stretching from 7.30 m to 26.10 m downhole. This mineralized zone was found underneath 6 m of overburden. Drill hole EIQ 24-008 also intersected spodumene-rich Pegmatite over 5.90 m from 16.15 m to 22.05 m downhole. The mineralization consists of light green coloured spodumene. The presence of spodumene was confirmed by LIBS readings. Drilling concentrated on the Western Prospect following encouraging results from initial prospecting, various geophysical surveys, and till sampling. Integrated targeting based on multiple data sets identified a high-priority pegmatite target directly up-ice from the previously reported spodumene grains in till discovery. The Western Prospect lies close to the Trans-Taiga Road and relatively close to neighbouring advanced projects run by Patriot Battery Metals and Winsome Resources. Two drill holes EIQ24-007 and EIQ24-008 encountered spodumene-bearing pegmatite near surface. All the drill holes intersected a combination of mafic volcanic rocks, magnetite-rich iron formations, gabbro dikes and minor felsic porphyry dykes and tonalite. These rock types show a range in rheology contrast which is favourable for the development of dilational zones during deformation which create preferred sites for pegmatite dikes and sills. Drilling reached an average vertical depth of 173 metres from surface. All the drill holes intersected a combination of mafic volcanic rocks, magnetite-rich iron formations, gabbro dikes and minor felsic porphyry dykes and tonalite. These rock types show a range in rheology contrast which is favourable for the development of dilational zones during deformation which create preferred sites for pegmatite dikes and sills. Drilling reached an average vertical depth of 173 metres from surface. New Risk • Mar 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.79m (US$9.48m) 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 Less than 1 year of cash runway based on free cash flow trend (-CA$4.9m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 5.2% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€8.79m market cap, or US$9.48m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). Tillkännagivande • Jan 24
Champion Electric Metals Inc. Launches Gravity Survey to Identify Source of Spodumene in Till Samples at its James Bay, Quebec, Lithium Property Champion Electric Metals Inc. has initiated a gravity survey to pinpoint the pegmatite source rock of the spodumene (a primary lithium-bearing mineral) boulder and hundreds of spodumene rock fragments found in the till sampling from the Company's initial regional exploration at the western part of its more than 500 km2 James Bay lithium property in Eeyou Istchee, Quebec. The pristine nature of the spodumene boulder and the delicate crystal fragments discovered in shallow till sampling suggests that they did not travel great distances from their source. The western end of the Property abuts Winsome Resources' property, on which a large lithium resource discovery called Cancet has been announced. To the east, the Company's Property abuts Patriot Battery Metals' property which also announced a large lithium discovery. The same greenstone belt that hosts these large lithium discoveries runs on the Company's Property. The recent spodumene discovery made during surface rock and till sampling will be the focus of a high- resolution ground gravity survey, which Champion Electric's technical team has already commenced. Gravity has been shown to be an effective tool to map buried pegmatites with no surface showings, and applied at this scale, it is targeted to yield definitive drill targets. The Survey encompasses the sample site that yielded the spodumene (lithium-rich) boulder and hundreds of spodumene fragments and extends up-ice (the opposite direction of glacial ice movement) for more than 1.5 kilometres. Ground gravity readings will be collected on a 20m x 80m grid pattern along the Trans-Taiga Road and covering an area of approximately 1.35 km2. The Company engaged local geophysical provider Abitibi Geophysics to complete the two-week-long program under the supervision of NewGen Geo, a consultancy specialising in the latest geophysical techniques in pegmatite exploration. About High-Resolution Gravity and Subsequent Drilling: The gravity method is a low-impact technique that measures spatial variations in the Earth's gravitational field caused by contrasts in rock density. The intrusion of a mineralised pegmatite into metamorphosed basalt basement rocks is expected to produce a detectable gravity response even through snow and shallow transported glacial cover. Detailed ground gravity surveying has a proven successful track record for Li-bearing pegmatite exploration in the region (Neroni, 2023). Results from the gravity survey are expected to be available at the beginning of February. Gravity anomalies indicative of a possible pegmatite body will be considered high-priority targets for imminent drill testing. The team already has selected drill permits in place and is currently considering drilling contractors. Drilling at the Western prospect can be done from the Trans-Taiga Road and could be scheduled as early as mid to late March 2024. New Risk • Dec 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$4.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.9m free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 5.2% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (49% increase in shares outstanding). Market cap is less than US$100m (€12.7m market cap, or US$13.8m). Tillkännagivande • Aug 12
Champion Electric Explores Possible Extension of Iron Creek Trend Onto Its Twin Peaks Cobalt Project in Idaho Champion Electric Metals Inc. announced that the Company has received the final reports and fully processed data for the UAV-based aeromagnetic survey conducted by MWH Geo-Surveys at the Twin Peaks Project, Lemhi County, ID. The principal findings from the Survey support a possible southeasterly continuation along strike of the favourable rocks and structures that host known copper-cobalt mineralization at the Iron Creek Project, which is located adjacent to the Twin Peaks Project. The new high-resolution magnetics data revealed a sharp discrimination between magnetite-bearing and magnetite-deficient metasedimentary strata in the western portion of the Twin Peaks Project. This magnetic contrast approximates the contact of the Coarse Unit with the overlying Banded Unit of the Apple Creek Formation. The lower portion of the Banded Unit is host to significant copper-cobalt mineralization at the adjacent Iron Creek Project of Electra Battery Materials, including both the Iron Creek resource and the Ruby Zone discovery. Superposition of UAV-based aeromagnetic data at the Twin Peaks Project onto regional USGS aeromagnetic coverage allows recognition of the stratigraphic interval at Twin Peaks Project that is inferred to have the greatest potential to host additional Iron Creek-style copper-cobalt mineralization. The survey comprises 630 km of east-west flight lines and over 1.4 million readings at approximately one-half metre spacing. Average sensor height was 32 m above ground level and flight line spacing was 50 m. The data have been examined for quality assurance and subjected to additional processing and interpretation by James Wright, Wright Geophysics (Spring Creek, NV). In addition to aeromagnetic data, MWH Geo-Surveys completed aeroradiometric data acquisition over a 4.75 km2 test area, providing coverages for potassium, uranium, thorium, and total count. Drone-based radiometrics is a new technology that may lower the cost and increase the efficacy of this important mapping tool. The prominent potassium linear shown in Figure 3 will be examined in the field during the Phase II exploration program. The Twin Peaks Project comprises 2,761 hectares (6,820 acres) and includes both the historical Twin Peaks Copper Mine and the Badger Basin Prospect (refer to the Idaho Champion Press Release of March 23, 2023). The property is at an early stage of exploration but located approximately 3 kilometres southeast from Electra Battery Metals' advanced exploration stage Iron Creek Project, which boasts an indicated resource of 4.4 Mt grading 0.19% cobalt (Co) and 0.73% copper (Cu) and 1.2 Mt grading 0.08% Co and 1.34% Cu in the inferred category. Tillkännagivande • Jul 28
Champion Electric Metals Inc. (CNSX:LTHM) acquired Griesbach Lithium Project. Champion Electric Metals Inc. (CNSX:LTHM) acquired Griesbach Lithium Project on July 27, 2023. As part of the agreement, Champion Electric acquired 55 claims for 1,700,000 common shares of the Company. Half of the common share consideration included in the agreement incorporate a voluntary escrow of 18 months from the date of issuance. Additionally, the Vendors retain a 2% net smelter royalty. The Company has the option to repurchase 1% of the NSR from the Vendors for $1 million.Champion Electric Metals Inc. (CNSX:LTHM) completed the acquisition of Griesbach Lithium Project on July 27, 2023. Tillkännagivande • Jul 27
Champion Electric Metals Inc. Identifies Critical Metal Ultramafic-Hosted Nickel Sulphide Targets on Its Lithium Project in James Bay, Quebec Champion Electric Metals Inc. announced the interpretation and modelling of the airborne Time-Domain Electromagnetic (EM) data collected at the beginning of the spring 2023 exploration program at the Champion Electric Lithium Project located in the pegmatite-rich Eeyou Istchee James Bay territory of Quebec. The EM interpretation identified three high-priority complementary critical metal EM bedrock conductors located within mapped ultramafic rocks of the Lac Guyer greenstone belt. Interpretation identified a string of three discrete mid to late-time conductive anomalies which are interpreted as moderately to steeply NNW dipping plate-like conductors extending 450m x 160m, 190m x 260m and 240m x 530m respectively (Figure 1). The interpreted dip is consistent with structural data available from nearby outcrops which is a strong argument that these conductors are of likely bedrock origin and parallel to stratigraphy. The interpreted conductors are believed to start at the base of the thin overburden (< 10m deep) and are deemed possibly indicative of sulphide mineralisation. The EM conductors are hosted within a mapped ultramafic unit adjacent to an iron formation prominent in both the airborne EM and magnetics datasets. Nearby historical rock samples (#2009050866, #2009050874 and #2009050868 in Quebec's Ministry of Natural Resources and Forests database) from the host ultramafic unit returned maximum geochemical values of 0.21% Ni, 0.46% Cr2O3 and 139 ppm Co. Two of these samples were historically mapped as komatiite in the government's database, but this has not been confirmed by the Champion Electric team yet. The nature, geometry and distribution of the EM bedrock conductors located within a mapped nickel-rich ultramafic horizon make them high-priority nickel sulphide targets. These new targets will be evaluated on the ground concurrently with the planned exploration efforts for lithium-bearing pegmatites once fieldwork resumes. Tillkännagivande • Jul 18
Champion Electric Metals Inc. Completes Phase One of 2023 Field Program At the Twin Peaks Cobalt Project in Idaho Champion Electric Metals Inc. announced that the Company has completed Phase I of the Twin Peaks Cobalt Project 2023 field program in the heart of the Idaho Cobalt Belt. The Phase 1 field program consisted of stream sediment and outcrop rock sampling in conjunction with geologic mapping. The Company has submitted samples to the ALS Global preparation lab in Twin Falls, ID and will begin a desktop study on recent findings. The Phase I program consisted of stream sediment and Outcrop rock sampling in conjunction with Geologic mapping. The Company has submit samples to the ALS Global preparation laboratory in Twin Falls, ID and is begin a desktop study on recent results. The 2023 Phase 1 field work also investigated the scale of the Twin Peaks Mine base and precious metals hydrothermal system located in the northeastern portion of the claim block. Georeferencing of historical underground geological mapping by Landreth (1964) was completed by capturing the GPS coordinates of the portals for Levels 1 and 2 south of Corral Creek. The minimum width and strike dimensions of the hydrothermal system are approximately 350 m and 500 m, respectively. Historical lead-copper-silver-gold production derived from a series of 1-2 m wide and northwest-striking chloritic shear zones within the larger hydrothermal system, which is hosted in the quartzite of the Apple Creek Formation. Assays are pending for seven samples of variably altered and mineralized rocks from waste dumps. Landreth further described copper prospects located both 1 km north and 1 km south of the Twin Peaks Mine. A dozer trench was completed at the northern prospect prior to 1964. Champion Electric geologists collected four samples of quartz veining with variable amounts of iron oxides and secondary copper minerals from the trench spoil pile for assay. The southern copper prospect is a 2 m diameter prospect pit identified from orthophotography following completion of Phase I field work; sampling of this occurrence is a priority for the Phase II program in July. Tillkännagivande • Jun 20
Champion Electric Metals Inc. Resumes Operations At Its Lithium Project in James Bay, Quebec Champion Electric Metals Inc. announced that it has commenced re-mobilization of the crew back into the field at its Lithium Project in the James Bay area, Quebec, following the forest fire ban lift by the Ministry of Natural Resources and Forestry. The Company is mobilizing the crew for a property-wide exploration program and expects a full resumption of activities in the next few days. Prior to the forest fire related evacuation, the team had completed an airborne Time-Domain Electromagnetic (TDEM) survey flown over base metals targets identified by the 2022 VLF-EM survey and the recent historical data review undertaken at the Project. An update will be provided when ongoing processing, modelling, and interpretation of the final TDEM data is completed. Targets generated will be evaluated on the ground concurrent with the planned exploration efforts for lithium-bearing pegmatites. The fires did not have an impact on the Company's properties. Champion Electric will continue to monitor the conditions of the field operations to ensure the safety of all personnel. The Company would like to extend its gratitude towards the emergency services staff that has helped tackle the wildfire situation in Quebec and elsewhere in Canada. Tillkännagivande • Jun 14
Champion Electric Metals Inc. announced that it has received CAD 4.17 million in funding On June 13, 2023, Champion Electric Metals Inc. closed the transaction. The company amended the terms of the transaction by oversubscribing for the gross proceeds of CAD 4,170,000. In connection with the private placement, the company paid a cash finder's fee of CAD 104,250. Tillkännagivande • May 19
Idaho Champion Gold Mines Canada Inc. announced that it expects to receive CAD 4 million in funding Idaho Champion Gold Mines Canada Inc. announced a private placement of up to 20,000,000 flow through shares at the price of CAD 0.20 per flow through share for gross proceeds of up to CAD 4,000,000 on May 18, 2023. In accordance with applicable Canadian securities laws, all securities issued pursuant to the transaction will have a hold period of four months and one day from the date of issuance. Completion of the transaction remains subject to the receipt of all necessary regulatory approvals, including approval of the Canadian Securities Exchange. The transaction is expected to close on or about June 8, 2023. Tillkännagivande • May 09
Idaho Champion Gold Mines Canada Inc. announced that it expects to receive CAD 1 million in funding Idaho Champion Gold Mines Canada Inc. announced that it will issue 7,692,308 common shares at a price of CAD 0.13 for the gross proceeds of CAD 1,000,000 on May 8, 2023. The shares under the terms of the offering are priced at a 30 per cent premium to the share price as of the closing of the market on May 5, 2023, and will be subscribed to by the insider of the company. The shares with have a hold period of four months and one day from the date of issuance. Recent Insider Transactions • Mar 15
Director recently bought €272k worth of stock On the 10th of March, Paul Fornazzari bought around 4m shares on-market at roughly €0.068 per share. This transaction amounted to 71% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €360k more in shares than they have sold in the last 12 months. Board Change • Mar 02
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 Patrick Highsmith was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Feb 07
Idaho Champion Gold Mines Canada Inc., Annual General Meeting, Apr 13, 2023 Idaho Champion Gold Mines Canada Inc., Annual General Meeting, Apr 13, 2023. Tillkännagivande • Jan 20
Idaho Champion Gold Mines Canada Inc. Completes Work Program At Its Lithium Projects in Pegmatite-Rich James Bay District, Quebec Idaho Champion announced that it has completed the work program that was previously announced on November 10, 2022 on the Company's two 100%- owned lithium pegmatite projects (the IQ Projects) in the Eeyou Istchee James Bay territory of Quebec. The completed exploration program on Idaho Champion's prospective lithium pegmatite projects included high-resolution magnetic, VLF-electromagnetic, radiometric and LiDAR/imagery airborne surveys covering approximately 2,188 line-kilometres. Additionally, the Company's geology team completed a sampling program on the known exposed pegmatites on both the Blanches and Charles Projects. On Charles, the team encountered varied rock units, including amphibolite, metasediment, banded iron formation, ultramafic rocks, and pegmatite dykes. Whereas the pegmatite encountered on the Blanche project was mainly near or within metamorphosed intrusive rocks. The team delivered twenty-one (21) rock samples to ALS in Val D'Or for multielement analyses. Blanche is comprised of 256 claims totaling approximately 131 km2. The project lies within a volcano-sedimentary belt striking ENE. The bedrock geology at the Blanche project that is mainly composed of a broad east-northeast trending mafic band, interpreted as a metamorphosed basalt, hosted within large xenoliths of silvers of host rock within the tonalite and interbedded with narrow sections of magnesian basalt, komatiite, iron formation (silicate and/or oxide facies) and metasedimentary rocks. Three units of felsic intrusive rocks have been observed at Blanche: hornblende tonalite, granite and pegmatite dykes. Tonalite consists of feldspar, quartz, and biotite rich intrusive rocks. In the northwestern part of the project, the rocks are relatively homogenous and medium grained, containing 20 to 30% hornblende, with locally weak foliation. The granite is comprised of medium to coarse grained feldspar, plagioclase, quartz, and biotite. It is massive, homogeneous, and mostly non-magnetic. A few pegmatite dykes have also been identified as cross cutting felsic units. The dykes observed to date are typically less than two-meters wide and are often parallel to the schistosity in the mafic rocks. These pegmatites have a similar composition as the granites but show a texture ranging from coarse grained to pegmatitic with the presence of 5 to 7% muscovite. The Charles project is comprised of 61 claims covering approximately 31 km2. Less is known about this project, but the area exhibits variable topography with low rolling hills to very steep hills. The more prominent hills trend in an ENE-WSW direction and are defined by outcrops of felsic intrusives and iron formations within the northern and central parts of this project, there is thick cover of glacial sediment containing boulders of granite and pegmatite. 
