Spey Resources Corp. is pleased to announce that the Ministerio de Produccion y Desarrollo Sustentable? has approved the Company's drill permits for Pocitos Salar projects 1 and 2. As mentioned in the Company's press release dated October 6, 2022, the drill camp, internet, diesel tanks and geological offices have been constructed in the town of Pocitos. Drill Rigs Mobilizing To Pocitos Salar, Argentina Phil Thomas, CEO of [...]
Spey Resources Corp. is pleased to announce that Harry Nijjar has joined Spey as Chief Financial Officer, effective October 12, 2022. Mr. Nijjar is currently a managing director with Malaspina Consultants Inc. and provides chief financial officer and strategic financial advisory services across many industries. His experience has allowed him to help companies successfully navigate regulatory and financial environments [...]
Spey Resources Corp. is pleased to announce, further to its news release dated September 28, 2022, that it has completed the acquisition of 100% of the issued and outstanding share capital of Lithium Energy Metal Corporation from all of the former shareholders of LEM . In consideration for the Acquisition, the Company issued an aggregate 8,900,000 common shares in the capital of the Company to the LEM Shareholders . The [...]
Spey Resources Corp. announces that it has mobilised the drill rig and completed camp preparations for drilling its 400m exploration well in its 600has Pocitos 2 concession. The camp, internet, diesel tanks and geological offices have been constructed in the town of Pocitos. The drilling work permit has been processed and we are waiting on official certification of the permit due next week. Fig 1 Diesel tank storage in [...]
Spey Resources Corp. is pleased to announce that it has settled outstanding indebtedness of the Company in the aggregate amount of ?$377,772.09? , pursuant to the terms of debt settlement agreements with three arm's length creditors and Abbey Abdiye, the Company's Chief Financial Officer . In settlement of the debt, the Company has issued an aggregate of ?2,158,696? units of the Company. Each Unit consists of one common [...]
Spey Resources Corp. is pleased to announce that Phillip Thomas has joined Spey as Chief Executive Officer, effective October 3, 2022. Mr. Thomas is a highly specialised lithium brine geologist with significant experience in salt lake exploration, hydrology, estimation and production chemical engineering. He has had more than 30 years experience in the capital markets as a mining focussed investment banker with Macquarie [...]
Spey Resources Corp. is pleased to announce that it has entered into an agreement to acquire all of the shares of Lithium Energy Metal Corporation , which owns the following four projects in the James Bay Region of Quebec: The 454 Block Project - consists of 10 contiguous claims . The claims occur within the Archean Langelier Complex, which are the oldest rocks in the Le Grand sub-province of the regional Superior [...]
Spey Resources Corp. is pleased to announce, further to its news release dated September 7, 2022, that it has closed its non-brokered private placement , having issued 22,141,496 units at a price of $0.175 per Unit, for gross proceeds of $3,874,761.80. Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant , with each Warrant entitling the holder to acquire one Share at [...]
Spey Resources Corp. , is pleased to announce that it intends to complete a non-brokered private placement consisting of units of the Company at a price of $0.175 per unit for aggregate gross proceeds of up to C$2,750,000, with each Unit comprised of one common share of the Company and one-half of one common share purchase warrant of the Company , with each whole Warrant entitling the holder to acquire one Share at a [...]
Spey Resources Corp. , is pleased to announce the achievement of certain development milestones and planned future activities regarding the Incahuasi Salar property and Pocitos Salar property, respectively. Incahuasi Salar On March 23, 2022, the Company acquired an 80% interest in the Candela II project by paying USD$1,000,000 and continues to have the right to option the other 20%; On August 10, 2022, the Company [...]
Spey Resources announces that the British Columbia Securities Commission has revoked the cease trade order which was issued against the Company, effective August 12, 2022, in connection with certain continuous disclosure deficiencies. The Company filed various rectifying continuous disclosure documents on August 8, 2022, which documents are available via SEDAR.
Spey Resources announces that as a result of a review by the BCSC, we are issuing the following press release to clarify our disclosure. The Company has been subject to a continuous disclosure review with the BCSC as a result of a cease trade order imposed on August 27, 2021 for failure of the Company to file certain disclosure documents regarding its acquisition of Tech One Lithium Resources Corp.