Tectonic Metals Inc. today announced the completion of the Company's inaugural field program at the Flat Gold Project , an intrusion-hosted, bulk tonnage gold project located in the Kuskokwim Mineral Belt of southwestern Alaska, some 40 kilometres north of the Donlin Gold Project. Tectonic's surface field program at Flat represents the first exploration work at the property in more than 20 years and comprised [...]
Tectonic Metals Inc. ; ; is pleased to announce that the Company has closed its non-brokered private placement financing initially announced on October 27, 2022, with a subsequent announcement on November 15, 2022 regarding the upsize of the private placement. The Company closed the private placement by issuing 38,761,250 units of the Company at a price of C$0.08 per Unit, for aggregate gross proceeds of C$3,100,900 [...]
Tectonic Metals Inc. is pleased to announce that the non-brokered private placement of units previously announced on October 27, 2022 has been upsized from total gross proceeds of up to C$2,000,000 to total gross proceeds of up to C$3,100,900 . The Offering will now consist of up to 38,761,250 Units at a price of C$0.08 per Unit. Each Unit is comprised of one common share of Tectonic and one common share purchase warrant [...]
Tectonic Metals Inc. is excited to announce that strategic shareholder, Crescat Capital , in association with renowned geologist, Dr. Quinton Hennigh, is anchoring a C$2,000,000 non-brokered private placement of units issued by Tectonic. The Offering The Company is conducting a non-brokered private placing of up to 25,000,000 Units at a price of C$0.08 per unit for aggregate gross proceeds of up to C$2,000,000 . Each unit [...]
Tectonic Metals Inc. is pleased to announce the appointment of Mr. Oliver Foeste, CPA, CA as Chief Financial Officer and Corporate Secretary of the Company, effective immediately. Mr. Foeste is the founder and Managing Partner of Invictus Accounting Group LLP and has significant executive, director, finance, and public company compliance experience across a number of industry sectors including mining. Prior to Invictus [...]
Tectonic Metals Inc. is pleased to announce that Tectonic shareholders approved all matters voted on at the Annual General and Special Meeting of Shareholders held on Thursday, September 22, 2022, in person and online, including: the re-election of Antonio Reda, Curtis J. Freeman, Allison Rippin Armstrong, Joseph J. Perkins and Michael W. Roper to the Tectonic Board of Directors; the re-appointment of Davidson & Company [...]
Tectonic Metals Inc. today announced drill assay results from the 2022 Reverse Circulation drill program at the Company's Seventymile Gold Project , an underexplored >40 kilometre long late Paleozoic greenstone belt located in eastern Alaska. Tectonic's drill program was very focused and consisted of nine holes over 1,412 metres with all holes intersecting gold mineralization, including a drill highlight hole of 59.4 [...]
Tectonic Metals Inc. today announced the initiation of a baseline metallurgical testwork program on the Company's Flat Gold Project , an intrusion-hosted, bulk tonnage gold system located in southwestern Alaska, 40km north of the Donlin Gold Project , owned equally by Barrick Gold Corporation and NovaGold Resources Inc. . Metallurgical samples were selected by Tectonic from historically drilled diamond core samples with [...]
Tectonic Metals Inc. ; ; is pleased to announce the appointment of Mr. Joseph J. Perkins to the Company's Board of Directors as an independent director. Over the course of his 40-year legal career, Mr. Perkins, in some capacity, has been involved with every major resource project in Alaska, including the Greens Creek, Fort Knox, Red Dog, and Pogo mines and many high-profile transactions. He has represented mining [...]
Tectonic Metals Inc. announces that the Company has closed the second tranche of the non-brokered private placement financing previously announced on April 25, 2022, by issuing 7,183,339 units of the Company at a price of C$0.06 per Unit, for aggregate gross proceeds of C$431,000 . Tectonic's President & CEO, Tony Reda, commented, "As we close our financing, I am humbled by the trust our investors have placed in us [...]
Tectonic Metals Inc. is excited to announce that drilling has kicked off on the Company's district-scale Seventymile Gold Project , an underexplored >40 kilometre long late Paleozoic greenstone belt located in eastern Alaska. Tectonic's drill program is specifically designed to test two targets with each drill hole: the newly interpreted main gold-bearing shear zone feeding the historically drilled tension veins carrying [...]
Tectonic Metals Inc. is pleased to announce that the TSX Venture Exchange has granted a 30-day extension to complete its non-brokered private placement financing previously announced on April 25, 2022. The conditional approval period for the Offering will now expire on July 8, 2022. Tectonic closed the first tranche of the Offering on May 30, 2022 for aggregate gross proceeds of C$1,931,140 . The Offering The TSX-V has [...]