Bolt Metals Corp. successfully completed a debt settlement, issuing common shares and warrants at a price of CAD $0.05 per Unit. The company aims to preserve its cash for working capital. Bolt Metals is a North American mineral acquisition and exploration company focused on developing high-upside precious and base metal properties.
”) at a deemed price of CAD $0.05 per Unit. Each Unit will consist of one common share of the Company , with each Warrant being exercisable for one Common Share for a period of two years, at a price of CAD $0.
05. All securities issued pursuant to the Settlement Agreements will be subject to a four month and one day hold period, pursuant to National Instrument 45-106 – Prospectus Exemptions. The board of directors of the Company determined that it is in the best interests of the Company to complete the Debt Settlement in order to preserve the Company's cash for working capital.Bolt Metals Corp. is a North American mineral acquisition and exploration company focused on the development of quality precious and base metal properties that are drill-ready with high-upside and expansion potential. Based in Vancouver, BC, Bolt’s portfolio of strategic properties provides target-rich diversification and also include Soap Gulch, a copper SEDEX project in Montana, and Switchback, a copper-silver project located in British Columbia. Bolt trades on the CSE Exchange under the symbol BOLT, the OTCQB Exchange under the symbol PCRFC and in Germany under the WKN A3D8AK.looking information”. The words “may”, “potential”, “should”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect”, and similar expressions, are intended to identify such forwardhe recent consolidation of claims by Gold Fields, setting the stage for a very exciting time, confidence that by applying modern exploration techniques to these claims, it won’t be long before announcing the next major discovery, anomalies that are interpreted as being likely to host economic mineralization,looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forwardlooking statements. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.Global Lithium management resigns ahead of AGM Management alleged that non-executive director Dianmin Chen was working with a group of foreign-linked investors holding between 30% and 40% of shares to take control of the board.The miner reported an 838% surge in first-half profits on Thursday, driven by higher sales of aluminum and copper and strong commodity prices.Chinese lithium firms take over copycat Nigeria refinery projectMcEwen Copper requests major tax breaks for Los Azules mine in ArgentinaLithium stocks drop as CATL’s refinery restart weighs on pricesThe move comes as traders worldwide rush to deliver bullion to the US ahead of potential tariffs on the metal.
Finance BOLT Metals Corp Debt Settlement Common Shares Warrants Working Capital Mineral Exploration
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