13:28:52 EDT Thu 23 May 2024
Enter Symbol
or Name
USA
CA



Nord Precious Metals Mining Inc
Symbol NTH
Shares Issued 302,994,947
Close 2024-03-13 C$ 0.035
Market Cap C$ 10,604,823
Recent Sedar Documents

Nord's Coniagas changes listing date to March 18

2024-03-13 17:34 ET - News Release

Mr. Frank Basa reports

REVISED DATE OF LISTING FOR CONIAGAS BATTERY METALS ON THE TSX VENTURE EXCHANGE

Coniagas Battery Metals Inc. has changed the date of when it anticipates it will start trading on the TSX Venture Exchange to Monday, March 18, 2024, as of market open. Coniagas will trade under the symbol COS.

Nord Precious Metals Mining Inc. also announces that shareholders of record at the close of business on March 6, 2024 (the distribution record date), will receive on March 14, 2024, one Coniagas common share and one-half of a Coniagas common share purchase warrant for every 51.5771 Nord shares held.

As previously announced, 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 number of issued and outstanding common shares of Nord on the distribution record date. No fractional Coniagas common shares or warrants will be 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 "NI 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 NQ drilling; (ii) metallurgical testing -- develop process engineering flowsheet and pilot plant tests; and (iii) assessment report and consultations with first nations of Pessamit & 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 EV (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 Metals Mining 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.

In May, 2020, based on a small initial drill program, the company published the region's first National Instrument 43-101 resource estimate that contained a total of 7.56 million ounces of silver in inferred resources, comprising very high-grade silver (8,582 grams per tonne uncut or 250.2 ounces/ton) in 27,400 tonnes of material from two sections (1A and 1B) of the Castle East Robinson zone, beginning at a vertical depth of approximately 400 metres. Note that mineral resources that are not mineral reserves and do not have demonstrated economic viability. Please refer to Nord's press release dated May 28, 2020, for the resource estimate.

The company also has: (1) 14 battery metals properties in Northern Quebec where it has recently completed a nearly 16,000-metre drill program on the Graal property; (2) the prospective 1,000-hectare Eby-Otto gold property close to Agnico Eagle's high-grade Macassa mine near Kirkland Lake, Ont., where it is exploring; and (3) St. Denis-Sangster lithium project -- 260 square kilometres of greenfield exploration ground with numerous pegmatites focused along a significant volcanic sedimentary rock -- Archean granite contact near Cochrane, Ont., contiguous to Power Metals' Case Lake lithium properties.

Nord's flagship silver-cobalt Castle mine and 78-square-kilometre Castle property feature strong exploration upside for silver, cobalt, nickel, gold and copper. With underground access at the fully owned Castle mine, an exceptional high-grade silver discovery at Castle East, a pilot plant to produce cobalt-rich gravity concentrates, a processing facility (TTL laboratories) in the town of Cobalt, and a proprietary hydrometallurgical process known as Re-2Ox (for the creation of technical-grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations), Nord is strategically positioned to become a Canadian leader in the silver-cobalt space.

We seek Safe Harbor.

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