202610 releases
Lightning Resource Corp. Completes Acquisition ...
The acquisition of non-Yukon assets from Prospector Metals Corp. — the Savant, Devon, Whitton and TooGood projects in Ontario and Newfoundland — closed effective September 2, 2026, with Lightning Resource Corp. issuing 29,400,000 common shares as consideration. Gross proceeds of $4,000,000 from the Financing were released, as 8,000,000 subscription receipts converted into 8,000,000 shares and 4,000,000 warrants exercisable at $0.62 until September 2, 2027. The board was reconstituted with Rob Carpenter as Chair and Interim CEO.
AcquisitionProspector Metals and Lightning Resource Announ...
A closing timeline has been set for the previously announced transaction under which Lightning Resource Corp. (formerly BeMetals) will acquire Prospector Metals' remaining non-Yukon assets — the Savant, TooGood, Whitton and Devon Projects, 5,367,000 TooGood Gold Corp. shares, a geological database and $150,000 cash — for 29,400,000 Lightning shares. Closing is set pre-market September 2, 2026, with a September 4 record date and September 10 payable date for the return-of-capital distribution at 0.174977 shares per Prospector share.
NewsProspector Metals and Lightning Resource Corp. ...
Prospector Metals Corp. and Lightning Resource Corp. (formerly BeMetals Corp.) have extended to August 31, 2026 both the escrow release deadline for the $4,000,000 private placement of 8,000,000 subscription receipts completed July 24, 2026, and the outside date for closing the acquisition of Lightning Exploration Corp. (formerly Prospector Subco Ltd.) under the April 15, 2026 share purchase agreement. Lightning began trading under the new name and symbol LTNG at the market open. All other terms remain unchanged.
NewsBeMetals Announces Effective Date of Name Chang...
TSX Venture Exchange approval has been received to change BeMetals Corp.'s name to Lightning Resource Corp., effective at the start of trading on July 31, 2026, when shares will trade under the symbol LTNG with new CUSIP/ISIN numbers 531965101/CA5319651017. No shareholder action or certificate exchange is required. The previously announced acquisition of Prospector Metals Corp.'s non-Yukon mineral exploration projects, via Lightning Exploration Corp., for 29,400,000 common shares remains pending. A new rolling up to 10% Omnibus Incentive Plan was also adopted following shareholder approval on July 3, 2026.
NewsProspector Closes Subscription Receipt Financin...
Lightning Subreceipt Financing Corp., a wholly owned subsidiary of Prospector Metals, closed an offering of 8,000,000 subscription receipts at $0.50 each for gross proceeds of $4,000,000, with proceeds held in escrow pending closing conditions including TSXV approval and release on or before July 31, 2026. Each receipt converts into a unit of one share and a half warrant exercisable at $0.62 for one year. Prospector received a June 24, 2026 BC Supreme Court order permitting the return of capital, and BeMetals shareholders approved all meeting matters on July 3, 2026, including the change of management.
FinancingProspector and BeMetals Announce Subscription R...
A non-brokered private placement of up to 8,000,000 subscription receipts at $0.50 each for gross proceeds of up to $4,000,000 will be completed by Prospector Metals and BeMetals, issued through Finco, Lightning Subreceipt Financing Corp. Proceeds are held in escrow pending conditions including TSXV and Court approval and closing of the previously announced acquisition of Prospector Subco for 29,400,000 BeMetals shares, by July 31, 2026. Each receipt converts to a unit with a half warrant exercisable at $0.62 for one year.
NewsBeMetals Provides Update on Proposed Acquisitio...
Conditional TSX Venture Exchange acceptance has been received for the proposed acquisition of Prospector Metals' remaining non-Yukon exploration projects and certain marketable securities in exchange for 29,400,000 post-consolidation BeMetals shares, under the April 15, 2026 share purchase agreement. BeMetals completed a 1-for-10 share consolidation on May 8, 2026 and will seek disinterested shareholder approval at its meeting on July 3, 2026, covering the share issuance to non-arm's length parties and a board reconstitution to five directors. A technical report on the Savant Gold Project in Ontario is being completed.
CorporateBeMetals Announces Resumption of Trading on TSX...
Trading of BeMetals common shares on the TSX Venture Exchange will resume at the open of market on May 5, 2026, and the TSXV has approved a share consolidation on the basis of one new common share for every ten common shares. The Consolidation takes effect at the start of trading on May 8, 2026, reducing 294,423,604 shares outstanding to approximately 29,442,360, trading under symbol BMET with new CUSIP/ISIN 081379307/CA0813793076.
NewsBeMetals Announces Agreement to Acquire Prospec...
A share purchase agreement dated April 15, 2026 will see BeMetals acquire all of Prospector Metals' non-Yukon exploration projects — the Savant, Devon and Whitton properties in Ontario, the TooGood project in Newfoundland, 5,000,000 TooGood shares and $150,000 of government grant funding — for 29,400,000 post-consolidation shares, about 49.9% of BeMetals. BeMetals will consolidate shares 1-for-10, leaving roughly 58,842,360 shares outstanding, and rename itself Lightning Resource Corp. with Rob Carpenter as interim CEO. B2Gold would hold 28.4%. Closing requires TSXV, shareholder and BC court approvals.
AcquisitionBeMetals Surface Sampling Returns High-Grade Go...
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