13:43:45 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Clean Air Metals Inc
Symbol AIR
Shares Issued 223,861,123
Close 2023-10-02 C$ 0.045
Market Cap C$ 10,073,751
Recent Sedar Documents

Clean Air Metals puts itself on the block

2023-10-03 12:48 ET - News Release

Mr. Jim Gallagher reports

CLEAN AIR METALS EXPLORING STRATEGIC ALTERNATIVES

Clean Air Metals Inc. has formalized a process to explore strategic alternatives to maximize the value of the company's common shares, including strategic financing, strategic partnerships or joint ventures, the possible divestiture of all of the company's outstanding common shares, or other potential transactions. As part of that process, the board of directors of the company has formed a special committee of the board to review and advise on these strategic alternatives. Paradigm Capital Inc. is providing financial advisory services to Clean Air Metals in connection with this mandate.

There can be no assurance that the exploration of strategic alternatives will result in any agreements or transactions and no timetable has been set for its completion. The company does not intend to disclose developments with respect to the exploration of strategic alternatives unless and until its board has approved a definitive agreement or transaction or there are material developments to report.

About Clean Air Metals Inc.

Clean Air Metals' flagship asset is the 100-per-cent-owned, high-grade Thunder Bay North critical minerals project, a platinum, palladium, copper, nickel project located near the city of Thunder Bay, Ont., and the Lac des Iles mine owned by Impala Platinum.

We seek Safe Harbor.

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