“A direct subscription from an investor will progress its recovery projects in Ontario.”
Tag: Fulcrum Metals plc
Fulcrum begins trading on OTCQB
“There is a natural opportunity to build a significantly broader North American shareholder audience,” – CEO Ryan Mee.
Fulcrum agrees proposed $20m financing
Fulcrum Metals plc has signed a non-binding US$20 million (£15m) royalty financing term sheet and a £200,000 subscription with Chancery Royalty Ltd for its Teck-Hughes tailings project in Ontario, Canada. GROWTH Under the proposals, Chancery receives a 5% net smelter royalty over Teck-Hughes gold production while Fulcrum retains the right to repurchase 2% of the […]
Fulcrum issues 466,667 new shares
Fulcrum Metals plc has issued 466,667 new ordinary shares of one pence each after receiving notice to exercise warrants, for a total of some £14,000. TVRs Following admission, the company’s total issued share capital will comprise 153,624,692 ordinary shares of one pence each, with one voting right each. Fulcrum does not hold any ordinary shares […]
Fulcrum signs pilot plant contract for Teck-Hughes
Fulcrum Metals plc has signed a contract for a standalone pilot plant to process material from the Teck-Hughes gold tailings project in Ontario, Canada. COMMERCIAL Test Design Implement Solutions LLC (TDI)’s plant will process 2.4 tonnes of material per day, and use Extrakt Process Solutions’ cyanide-free technology to recover metals from mine waste. The plant […]
Fulcrum defines ‘stand-out’ gold target at Big Bear
Fulcrum Metals plc has defined a “large-scale” gold target within a “wider gold corridor’ from soil sampling at its Big Bear exploration project in Ontario, Canada. EFFECTIVE Results include up to 1.46 grammes per tonne gold and also further advanced “multiple permitted, drill-ready targets”. The company said that the regional “stand-out” gold target was some […]