05:58:07 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Nord Precious Metals Mining Inc
Symbol NTH
Shares Issued 302,994,947
Close 2024-03-11 C$ 0.035
Market Cap C$ 10,604,823
Recent Sedar Documents

Nord's Coniagas to begin TSX-V trading March 13

2024-03-11 10:18 ET - News Release

Mr. Frank Basa reports

NORD PRECIOUS METALS ANNOUNCES LISTING OF CONIAGAS BATTERY METALS ON THE TSX VENTURE EXCHANGE

The common shares of Nord Precious Metals Mining Inc.'s subsidiary, Coniagas Battery Metals Inc., have been approved for listing on the TSX Venture Exchange. Coniagas is expected to begin trading on the TSX-V under the trading symbol COS as of market open on March 13, 2024.

Effective today, Nord's shareholders of record at the close of business on March 6, 2024, will receive one Coniagas common share and one-half of a Coniagas common share purchase warrant for every 51.5771 Nord shares held. Nord's shareholders of record on the distribution record date will receive an aggregate of 5,874,600 Coniagas common shares and 2,937,300 Coniagas common share purchase warrants on a pro rata basis based on the 302,994,947 common shares of Nord issued and outstanding on the distribution record date. No fractional Coniagas common shares or warrants are being distributed to Nord's shareholders; all fractional amounts will be rounded down to the next whole number without any compensation therefor. Any Coniagas common shares or warrants not distributed as a result of rounding down will be held by Nord. Each full warrant will entitle the holder thereof to purchase one additional Coniagas common share at a price of 40 cents for a period of two years.

A copy of Coniagas's TSX Venture Exchange listing application is available under the SEDAR+ profiles of Nord and Coniagas.

About Coniagas Battery Metals Inc.

Following the closing of its previously announced plan of arrangement, Coniagas Battery Metals will be a publicly traded exploration and mining company focused on nickel, copper and cobalt in Northern Quebec. Coniagas has a near-term goal of completing the work program set out in the National Instrument 43-101 Technical Report Graal Nickel & Copper Project, Saguenay-Lac-St-Jean, Quebec, Canada dated Jan. 17, 2024, which has the following goals: (i) diamond drilling program for 2,000 metres of diamond drilling; (ii) metallurgical testing -- develop process engineering flowsheet and pilot plant tests; and (iii) assessment report and consultations with the first nations of Pessamit and Masteuiash.

Coniagas's strategy is to focus on creating value for stakeholders through the development of its mineral properties for the purpose of mineral exploration and exploitation, with the intention to develop Coniagas into a supplier to the electric vehicle market. At present, Coniagas is an exploration-stage company with no producing properties or material assets.

About Nord Precious Metals Mining Inc.

Nord Precious Metal (formerly Canada Silver Cobalt Works Inc.) recently discovered a major high-grade silver vein system at Castle East located 1.5 kilometres from its 100-per-cent-owned, past-producing Castle mine near Gowganda in the prolific and world-class silver-cobalt mining district of Northern Ontario. The company has completed a 60,000-metre drill program aimed at expanding the size of the deposit with an update to the resource estimate under way.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.