QNB Metals Inc. is pleased to announce that it entered into an arm's length binding letter of intent dated June 17, 2022 with Analog Gold, with respect to a proposed transaction, whereby QNB Metals will acquire a 100% interest in Minagoldchoix SA de CV, Analog's 99.97% owned Mexican subsidiary, which owns the Tres Oros gold property and two other [...]
Toronto, Ontario-- - The common shares of QNB Metals Inc. have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the trading date. QNB Metals Inc. is an exploration and development company focused on creating shareholder value through the strategic acquisition of precious and base metals [...]
Canadian Metals Inc. is pleased to announce that it has closed its previously announced arrangement pursuant to an arrangement agreement dated June 17, 2021 between the Corporation and QNB Metals Inc. Pursuant to the Arrangement, the Corporation spun out its Lac Chesnaye property located in Québec to Spinco in exchange for the issuance of 4,299,961 [...]
Canadian Metals Inc. is pleased to announce that Arnab De has been appointed as the new Chief Financial Officer of CME and QNB Metals Inc., replacing Patsie Ducharme who has stepped down as the CFO but remains as consultant. Mr. De, CPA, CGMA, CMA, MBA, is a seasoned mining executive with nearly 20 years' experience in financial management, mine [...]
Canadian Metals Inc., further to its news release dated May 20, 2021, is please to provide an update on its proposed spin-out of its Lac La Chesnaye property located in Québec. On June 17, 2021, the Corporation entered into an arrangement agreement with its wholly-owned subsidiary QNB Metals Inc. The Arrangement Agreement, a copy of which will be [...]
Canadian Metals Inc. is pleased to announce that its Board of Directors has approved a strategic restructuring of the Corporation's assets pursuant to which CME would spin off its existing Lac Chesnaye property, located in Québec, into a separate entity. It is proposed that the transaction will be carried out by way of statutory plan of arrangement [...]