202615 releases
Neotech Metals Engages DRA to Deliver Maiden Resource Estimate and Preliminary Economic Assessment at Hecla-Kilmer
DRA Global Limited has been engaged to prepare the first NI 43-101 compliant Mineral Resource Estimate and a subsequent Preliminary Economic Assessment for the 100%-owned Hecla-Kilmer rare earth project in Ontario, Canada. The MRE will incorporate results from the 2024 and 2025 drill programs plus historical data, with work beginning with a gap analysis of geological, metallurgical and infrastructure data. The PEA is expected to integrate metallurgical results from Dorfner Anzaplan GmbH and assess coproducts including magnetite, niobium, gallium, tantalum and purified phosphoric acid.
Resource updateNeotech Metals Commences Inaugural Drill Program at Torrance
Drilling has begun at the Torrance Project in Ontario, Canada, with a fully-funded, up to 2,000-metre diamond drill program testing geophysical targets, alongside regional basal till sampling, outcrop mapping and sampling, and geochemical soil sampling. Data compilation, interpretation and permitting since the project's acquisition from Kenorland Minerals Ltd. earlier in 2026 identified eight priority target areas, focused on a ring-shaped magnetic feature covering roughly 10 square kilometres. Torrance lies about 70 kilometres south of Neotech's Hecla-Kilmer project.
Drill resultsNeotech Metals Commences Metallurgical Process Development Program with Dorfner Anzaplan
A metallurgical process development program has begun with Dorfner ANZAPLAN GmbH of Hirschau, Germany, to develop a preliminary processing flowsheet for the Hecla-Kilmer rare earth project in Ontario, partially funded by Ontario's Critical Mineral Innovation Fund. The bench-scale program uses reject material from the 2025 drill program in three phases: mineral processing optimization, production of about 60 kg of REE-bearing concentrate, and hydrometallurgical development including purified phosphoric acid evaluation. Prior 2025 work returned approximately 75% total rare earth oxide and 89% phosphate recoveries. A final report is expected on completion.
Study resultsNeotech Metals Approved for $500k CMIF Grant
A $500,000 non-dilutive grant has been awarded to Neotech Metals Corp. under Ontario's Critical Minerals Innovation Fund, the maximum available per project. The funding reimburses 50% of qualified expenditures up to $1,000,000 in total program costs for metallurgical, hydrometallurgical and processing test work at the Hecla-Kilmer Rare Earth, Niobium and Phosphate Project in Northern Ontario. Details on the test work scope and results will be disclosed in future releases.
CorporateNeotech Metals Announces Close of Private Placement
A non-brokered private placement closed for gross aggregate proceeds of $3,080,138, comprising 4,199,422 non-flow-through units at $0.28 for $1,175,838 and 4,882,820 flow-through units at $0.39 for $1,904,300, each unit including one common share and one-half warrant exercisable at $0.45 for three years. Finder's fees of $5,382 and 13,800 finder's warrants were paid to Canaccord Genuity Corp., and an insider subscribed for 25,500 FT Units for $9,945. Flow-through proceeds fund qualified mineral property expenditures; NFT proceeds fund working capital.
FinancingNeotech Metals Announces Upsized Private Placement Offering
A previously announced private placement has been upsized to up to 4,000,00 non-flow-through units at $0.28 for gross proceeds of approximately $1,120,000 and up to 5,641,025 flow-through units at $0.39 for gross proceeds of up to $2,200,000. Each unit includes one share and one-half warrant exercisable at $0.45 for three years, subject to acceleration if shares close above $0.60 for 10 consecutive trading days. Closing is expected on or about June 12, 2026.
FinancingNeotech Metals Announces Private Placement Offering
A non-brokered private placement, in one or more tranches, of up to 2,142,857 non-flow-through units at $0.28 for gross proceeds of approximately $600,000 and up to 5,128,205 flow-through units at $0.39 for up to $2,000,000. Each unit includes one common share and one-half warrant exercisable at $0.45 for 36 months, subject to acceleration if shares close above $0.60 for 10 consecutive trading days. Flow-through proceeds will fund qualified expenditures on the Company's mineral properties; non-flow-through proceeds for working capital.
FinancingNeotech Metals Continues to Expand Near-Surface Mineralization at Hecla-Kilmer with 17.4 Metres of 0.95% TREO
Final assay results from the 2025 10,000-metre drilling and sampling campaign at the 100%-owned Hecla-Kilmer Rare Earth Project in Ontario included hole HK25-044 grading 0.43% TREO and 2.0% P₂O₅ over 100.8 metres from 45.2 metres, including 17.4 metres at 0.95% TREO and 2.5% P₂O₅. HK25-046 returned 109.1 metres of 0.42% TREO, 2.8% P₂O₅ and 0.09% Nb₂O₅, plus 175.5 metres of 0.31% TREO and 0.15% Nb₂O₅ to end of hole; HK25-045 returned 60 metres of 0.4% TREO from surface.
Drill resultsNeotech Metals Corp. Confirms 600-Metre Northern Extension of Pike Zone Mineralization at Hecla-Kilmer
Assay results from the 2025 10,000 metre drilling and sampling campaign at the wholly-owned Hecla-Kilmer rare earth project in Ontario extended Pike Zone mineralization northward, with drilling now connecting mineralization from the southern extent of the Pike Zone to the north over a strike length approaching 1,600 metres. Intervals include 76 m of 0.71% TREO and 3.7% P₂O₅ from 212 m in HK25-50, and 372 m of 0.4% TREO from 24 m in HK24-042. Results will feed a maiden resource estimate expected in 2026.
Drill resultsNeotech Metals Signs Agreement to Acquire the Torrance Project from Kenorland Minerals
An agreement with Kenorland Minerals Ltd. will give Neotech Metals a 100% interest in the Torrance Project in northern Ontario, 580 mining claims covering about 12,270 hectares roughly 70 kilometres from its Hecla-Kilmer project and 125 kilometres north of Timmins, prospective for carbonatite-hosted niobium–tantalum–REE mineralization. Consideration is 1,000,000 shares locked up for 24 months, plus a commitment to drill at least 2,000 metres within three years of closing. A 2.0% NSR royalty remains, with 1% buyable for $5,000,000.
AcquisitionNeotech Metals Drills 408.4m of 0.53% TREO, 4.2% P₂O₅, 21.5 g/t Ga₂O₃, and 0.13% Nb₂O₅ at Hecla-Kilmer
Additional assays from the 2025 10,000 metre drilling and sampling campaign at the 100%-owned Hecla-Kilmer rare earth project in Ontario include hole HK24-038, which returned 755 m of 0.38% TREO, 3% P₂O₅ and 0.1% Nb₂O₅ from 42 m to the 797 m end of hole, including 408.4 m of 0.53% TREO, 4.1% P₂O₅ and 0.13% Nb₂O₅ from 362.75 m. HK25-046 returned 297.9 m of 0.29% TREO from 116.1 m, including 29.9 m of 0.64% TREO and 4.6% P₂O₅. Results are to be incorporated into a maiden resource estimate expected in 2026.
Drill resultsNeotech Metals Drills 214m of 0.67% TREO, 21.2 g/t Gallium, 21.9 g/t Tantalum and 0.1% NbO at Hecla-Kilmer
Hole HK25-048 at the Southern Pike Zone of the 100%-owned Hecla-Kilmer rare earth project in Ontario returned 214.9 m of 0.67% TREO, 21.1 g/t Ga₂O₃, 21.9 g/t Ta₂O₅ and 0.1% Nb₂O₅ from 95.5 m; other holes included HK25-040 with 90.13 m of 0.47% TREO and 0.11% Nb₂O₅, and HK25-051 with 131 m of 0.51% TREO. The 2025 campaign totalled 20 holes and about 8,000 m, plus re-assay of roughly 1,980 m of historical core, with results to feed a maiden resource estimate in 2026.
Drill resultsNeotech Metals Receives 200K Grant From OJEP
Funding of up to C$200,000 has been approved under the Ontario Junior Exploration Program for eligible 2025 exploration expenditures at Neotech Metals' 100%-owned Hecla-Kilmer apatite-hosted rare earth and niobium project in Ontario, located 15 kilometres from the Otter Rapids 180MW hydroelectric facility. The grant covers up to 50% of eligible costs to a maximum of C$400,000. Neotech completed roughly 8,000 metres of drilling in 2025 and re-logged about 1,900 metres of prior core; assays are pending and a maiden resource estimate is expected in 2026.
CorporateNeotech Metals Corp. Appoints DGWA as European Government and Financial Markets Advisor
Frankfurt-based DGWA GmbH has been appointed as Neotech Metals' European government consulting and financial markets advisor under a twelve-month agreement commencing immediately, with fees of €5,000 per month for total consideration of €60,000 plus 300,000 three-year stock options vesting one-third monthly and priced at the grant-date close. DGWA will also receive 8% of gross equity raise receipts and 7% (3.5% cash, 3.5% warrants) on grants, debt, offtakes or royalties, capped at €1,000,000 per transaction.
ManagementNeotech Metals Releases VR Resourses Shares from Escrow, Receives Funds from Warrant Exercise
Escrow terms in the February 12, 2024 letter of intent with VR Resources Ltd. covering the Hecla-Kilmer property in Ontario have been amended so that all shares issued to VR under the LOI are released from escrow and free-trading immediately, replacing a 30-month escrow release period. Neotech also received C$133,500 from warrant exercises. The company completed roughly 8,000 metres of drilling at Hecla-Kilmer this year and re-logged and re-assayed about 1,900 metres of VR core drilled 2020-2023 for the full rare earth suite, for inclusion in a maiden resource estimate expected in 2026; assays are pending.
Corporate
202519 releases
Neotech Metals Announces Distinct Apatite-Dominant Rare Earth Mineralization at Hecla-Kilmer
An independent SGS Lakefield mineralogical study of the 100%-owned Hecla-Kilmer rare earth and critical minerals project in northern Ontario found apatite hosts up to 98% of total rare earth elements, with seven of eight samples containing 85% or more, and apatite abundance of 28% to 56%. Apatites contain 7.4% TREO, with discrete rare earth minerals only in trace amounts, including synchysite (0.36%), monazite (0.05%) and bastnäsite (0.01%). Eight samples came from a 361-metre interval in hole HK22-13. A maiden resource estimate is expected in 2026.
Drill resultsNeotech Metals Corp Completes Hecla-Kilmer Resource Definition Drill Campaign
The 2025 resource definition and delineation drill campaign at the 100%-owned Hecla-Kilmer Rare Earth Project in Ontario has been completed, totaling approximately 8,000 metres of new drilling, with core being logged and sampled on site and assay results expected in the coming weeks. Nearly 2,000 metres of historical drill core has also been submitted for full rare earth element suite assays or re-assays. Results will feed into a maiden Mineral Resource Estimate planned for 2026. Baseline environmental water sampling has commenced.
Drill resultsNeotech Metals Corp. Confirms Multiple Mineralized Intervals During Maiden Drilling Program at TREO Project in BC and Announces New Board Members from the AGM
Four diamond drill holes at three locations, totalling 991 m, were completed in 2025 at the TREO rare earth project about 80 km northeast of Prince George, British Columbia, with all holes intersecting mixed carbonatites and dolomites interbedded with schists and phyllites and visible rare earth mineralization; core logging, sampling and Actlabs assays are complete. Justin Daley and Cameron McDonald joined the board, replacing Robert Krause, each receiving 250,000 options at $0.35 for three years. Over 6,000 m has been drilled in 2025 at Hecla-Kilmer. Additional finder's fees total $59,755 cash and 170,728 warrants.
Drill resultsNeotech Metals Corp. Announces Commencement of the 2025 Hecla-Kilmer Exploration Program, Launches Critical Minerals Flow-Through Financing
Drilling has begun on a second exploration program at the Hecla-Kilmer niobium and rare earth project near Otter Rapids, Ontario, with up to 10,000 metres planned across the Pike, Northeast and South Rim zones through Q4 2025 and assay results expected in early 2026. The program, designed with Dahrouge Geological Consulting, follows 12 holes drilled by Neotech in 2024 and 24 legacy VR Resources holes. A concurrent non-brokered private placement of up to 11,428,571 Critical Minerals Flow-Through shares at $0.35 seeks up to $4,000,000 CAD, each with a half warrant exercisable at $0.45 for 24 months.
Drill resultsNeotech Metals Commences Drilling at Hecla-Kilmer, Appoints Jared Galenzoski as Director
Drilling and environmental baseline studies have commenced at the 100%-owned Hecla-Kilmer rare earth project in Ontario, with a program of up to 10,000 metres focused on infill definition and proximal extensional targets in the Pike Zone, targeting a maiden resource estimate in 2026. Historic VR Resources drill core will be re-logged and selectively assayed. Jared Galenzoski, P.Geo., VP Exploration, joins the Board, replacing Brian Thurston. Assays from the TREO project drill program in British Columbia are pending.
Drill resultsNeotech Metals Successfully Completes Inaugural Drill Program at its TREO Project, Increases Marketing Efforts and Extends Warrants
The inaugural drill program at the 100%-owned TREO project in central British Columbia has been completed, totaling 991 metres of core across four holes from three pad locations. All four holes intersected mixed carbonatites and dolomites interbedded within schists and phyllites with visible rare earth mineralization; core logging and sampling conclude next week, with assays pending. European marketing with Munich Mining Partners GmbH increases from $28,000 to $38,500 per month, and 6,510,263 warrants at $0.60 were extended from October 6, 2025 to October 6, 2026.
Drill resultsNeotech Metals Announces Close of Over Subscribed Private Placement and Receives Funds from Warrant Exercises
A non-brokered private placement closed for gross proceeds of $1,472,338, comprising 660,810 units at $0.17 for $112,338 and 5,440,000 flow-through units at $0.25 for $1,360,000, each with one warrant exercisable at $0.35 for two years, subject to acceleration if shares close above $0.50 for 20 consecutive trading days. No finder's fees were paid. Flow-through proceeds fund qualified mineral property expenditures; unit proceeds fund working capital. A further $533,885 was received from warrant exercises during August.
FinancingNeotech Metals Appoints Cushing as Advisor & Issues Options
Dr. Alexander Cushing (PhD, MFin, P.Eng), a metallurgist formerly with SGS Lakefield and currently an independent consultant, has been appointed technical advisor to the board of Neotech Metals Corp. The Company also granted 1,525,000 options to directors, officers, employees and consultants, vesting over 12 months and exercisable at $0.40 for a five-year term. Neotech holds 100% of the TREO Rare Earth Element Property and the Foothills project in British Columbia, plus options on the EBB nickel-cobalt property.
ManagementNeotech Metals Commences Drilling at Its TREO Project in British Columbia
Field crews are mobilizing this week to begin the inaugural exploration drilling program at the 100%-owned TREO Project in British Columbia's Wicheeda Rare Earth District. The drill holes will test high-priority targets identified by regional sampling and mapping, where bedrock grab samples returned up to 28.97% Total Rare Earth Oxides and 2.91% Nb₂O₅, and will evaluate mineralized corridors and their relationship to the nearby Wicheeda Rare Earth deposit being advanced by Defense Metals.
Drill resultsNeotech Metals Announces Private Placement Offering
A non-brokered private placement in one or more tranches will raise up to approximately $1,100,000 through up to 588,235 non-flow-through units at $0.17 each for about $100,000 and up to 4,000,000 flow-through units at $0.25 each for up to $1,000,000. Each unit includes one common share and one warrant exercisable at $0.35 for two years, subject to acceleration if shares close above $0.50 for 20 consecutive trading days. Flow-through proceeds fund qualified exploration expenditures; unit proceeds fund working capital.
FinancingNeotech Metals Corp Engages Munich MiningPartners GmbH
Frankfurt-based Munich MiningPartners GmbH has been engaged to provide marketing and investor relations services in Europe, including content creation, web development, digital marketing, publication services and media buying. The month-to-month engagement begins July 10, 2025 at $28,500 per month, paid from working capital, with services performed by Peter Krah. MMP is at arm's length and holds no interest in the Company or its securities; the engagement is subject to CSE filing requirements.
CorporateNeotech Metals Announces Close of Private Placement and Announces Marketing Contract
A previously announced private placement has closed through the issuance of 5,528,194 units at $0.15 per unit for gross proceeds of $829,229, each unit comprising one share and one two-year warrant exercisable at $0.25, subject to a hold period expiring October 19, 2025. An insider subscribed for 100,000 units for $15,000, and 1,650 finder's warrants were issued with no cash fees. Proceeds will fund exploration and working capital. Neotech also engaged 1001103323 Ontario Inc. for marketing from June 23, 2025 to Feb 23, 2026 for CAD$70,000.
FinancingNeotech Metals Announces $1 Million Private Placement
A non-brokered private placement of up to 6,666,666 units at $0.15 per unit for gross proceeds of up to $1,000,000 is planned, in one or more tranches. Each unit includes one common share and one two-year warrant exercisable at $0.25, subject to acceleration if shares close above $0.40 for 10 consecutive trading days. Closing is expected on or about June 26, 2025, with proceeds for exploration expenditures and general working capital.
FinancingNeotech Metals Corp. Reports 190 Meters of 0.23% Nb2O5 and 0.41% TREO Including 54 Meters of 0.32% Nb2O5 and 0.54% TREO at the Western Pike Zone Boundary at Hecla-Kilmer and Completes Debt Conversion
Drilling at the Hecla-Kilmer project near Otter Rapids, Northern Ontario returned 190 metres of 0.23% Nb2O5 and 0.41% TREO, including 54 metres of 0.32% Nb2O5 and 0.54% TREO, in hole HK24-028 in the Western Pike Zone. Results were also reported from HK24-030 (South Rim) and HK24-025 (Northeast Rim), part of a 12-hole, 5,047-metre Fall 2024 campaign. Separately, $139,313.23 of debt was settled through the issuance of 1,160,944 common shares at a deemed price of $0.12.
Drill resultsNeotech Metals Corp. Reports Positive Metallurgical Results Demonstrating High Leachability of Rare Earths at its Hecla-Kilmer Project in Ontario, Canada
Metallurgical testing by SGS-Lakefield on the Hecla-Kilmer project in Ontario returned 97–99% of REEs deported into solution during a 6-hour digestion at 50°C using 36% hydrochloric acid. Eleven batch flotation tests produced 75.0% Total Rare Earth Oxide recovery, 78.0% niobium (Nb₂O₅) recovery via gravity separation and 89.1% phosphate (P₂O₅) recovery, with 100% of phosphate reporting to solution. The work, based on a 200 kg composite from hole HK22-013, is the project's first metallurgical campaign, with further flotation and optimization testing planned.
Study resultsNeotech Metals Corp. Reports 342 meters of 0.50% TREO Including 58 meters of 1.06% TREO from Bedrock Surface on the Pike Zone Extension at Hecla-Kilmer
Drilling at the Pike Zone extension of the Hecla-Kilmer project in the James Bay Lowlands of Northern Ontario returned 342 metres of 0.50% TREO, including 58 metres of 1.06% TREO, from bedrock surface. The assays come from holes HK24-033 and HK24-031, part of a 12-hole, 5,047-metre program completed in Fall 2024. Samples were analysed by Activation Laboratories Ltd. in Timmins, Ontario, with remaining holes to be reported later; a resource-definition drilling program and metallurgical test work are being planned.
Drill resultsNeotech Metals Corp. Drills 86 Meters of 1.06% TREO from Bedrock Surface Approximately 300 Meters from the Pike Zone Mineralized Corridor in Its Inaugural Drill Program at Hecla-Kilmer
Drill hole HK24-034, located approximately 300 metres south of the Pike Zone at the Hecla-Kilmer project near Otter Rapids in Ontario's James Bay Lowlands, returned 86 metres of 1.06% TREO from bedrock surface. The hole is one of 12 drilled in 2024, with 11 still to be reported, across the Pike Zone (7 holes, 3,061 m), Northeast Zone (3 holes, 1,281 m) and South Rim Zone (2 holes, 698 m). Neotech is planning expansion/resource-definition drilling and preliminary mineralogical-metallurgical test work.
Drill resultsNeotech Metals Corp. Engages Dahrouge Geological for Targeting and Modelling at Hecla-Kilmer
An agreement was entered into on February 4, 2025 with Dahrouge Geological Consulting Ltd. for geological modelling, targeting and database review at the Hecla-Kilmer niobium and rare earth element project in Ontario, at a projected cost of $51,000. Dahrouge will evaluate geochemical, structural and lithological boundaries and assist in planning future drill campaigns. Preliminary 2024 exploration findings are still being assessed and will be confirmed with Dahrouge in Q1 2025, with additional work expected in the summer 2025 season.
CorporateNeotech Metals Corp. Receives Exploration Permit for its TREO Project
A mineral exploration permit has been granted by the BC Mines Office for Neotech Metals' 100%-owned TREO Project, about 80 kilometers northeast of Prince George, British Columbia. The permit authorizes drilling at 10 pad locations identified in previous exploration programs, with work expected in the summer 2025 exploration season. The 2024 field season returned bedrock samples grading up to 28.97% TREO and 2.91% Nb₂O₅.
Corporate
202428 releases
Neotech Metals Corp. Samples 28.97% TREO and 2.91% Nb2O5 at the TREO Project
Rock sampling from the 2024 field reconnaissance program at the 100%-owned TREO Project, 85 km northeast of Prince George, British Columbia, returned a peak value of 28.97% TREO and a peak of 2.91% Nb2O5. Of 113 rock samples collected, 17 assayed above 1.0% TREO and 20 exceeded 0.15% Nb2O5, all taken from bedrock and outcrop exposures within mapped carbonatites, altered phyllites and syenites. Off-season 3D modelling to define drill targets and further reconnaissance work next season are planned.
Drill resultsNeotech Metals Corp. Completes Inaugural Drill Program at Hecla-Kilmer
The maiden drill program at the Hecla-Kilmer project has been completed, with nearly 5,000 metres drilled and all core to be assessed, sampled, split and sent to laboratories for assays. The fully-funded program aimed to extend laterally from holes including HK24-013, which intercepted 361m of 1.0% TREO (20% PMREOs) from bedrock surface, and HK24-008, with 120m of 0.5% TREO and 0.20% Nb2O5 in the Pike Zone. The South Rim zone and peripheral targets were also tested, with no safety incidents.
Drill resultsNeotech Metals Corp. Expands US Investor Access with OTCQB Uplist, Closes LIFE Financing, and Provides Drilling Update at Hecla-Kilmer
Approval to uplist to the OTCQB market has been received, and a LIFE financing has closed for CAD$1,351,450, which will fund the Company's rare earth element exploration projects in Canada. Over 3,600 metres have been drilled in the maiden campaign at the 100%-owned Hecla-Kilmer project in Northern Ontario, with core samples split and sent for assay. The drill program, funded by a previous flow-through financing, is expected to conclude this month, followed by geologic modeling, community engagement and planning for next season.
CorporateNeotech Metals Announces Closing of its LIFE Financing
A LIFE financing closed with the issuance of 9,009,665 units at $0.15 per unit for gross proceeds of $1,351,450, each unit consisting of one common share and one three-year warrant exercisable at $0.25. Finder's fees of $31,061 and 207,072 finder's warrants were paid. Warrants are subject to acceleration if the share price exceeds $0.50 for 10 consecutive trading days. Proceeds will fund exploration expenditures and corporate and general operating expenses.
FinancingNeotech Metals Corp. Commences Drilling at Hecla-Kilmer, Appoints Justin Daley, MSc, P.Geo as Technical Advisor
Drilling has begun at the 100%-owned Hecla-Kilmer rare earth element property in Northern Ontario after receipt of the exploration permit. The 5,000-metre campaign will target peripheral zones to the northeast and southeast plus extensional drilling around the Pike Zone, aiming to establish a maiden resource estimate. Justin Daley, MSc, P.Geo., CEO and President of VR Resources, has been appointed technical advisor and will receive 50,000 stock options exercisable at $0.30 for a three-year term.
Drill resultsNeotech Metals Corp. Commences Metallurgical Testing at its Hecla-Kilmer Property and Announces LIFE Offering
First-phase metallurgical testing has begun with SGS Laboratories at the Hecla-Kilmer property in Ontario, evaluating gravity, flotation and magnetic separation flowsheets for apatite-hosted rare earth and niobium mineralization and phosphate recoveries. A new non-brokered LIFE private placement was filed, replacing the offering announced June 24, 2024 and amended August 13, 2024, for a minimum of $1,350,000 (9,000,000 units) up to $2,500,000 (16,666,667 units) at $0.15 per unit, each with one 36-month warrant exercisable at $0.25.
Study resultsNeotech Metals Corp. Approved for $200,000 Ontario Junior Exploration Program Grant
A $200,000 grant from the Ontario Junior Exploration Program has been approved for Neotech Metals Corp. to fund exploration in Ontario. The funds will be applied to an upcoming drilling campaign targeting geophysical anomalies near the Pike and South Rim zones at the Hecla-Kilmer project, which the Company acquired in July 2024 and holds 100%.
CorporateNeotech Metals Announces Amended LIFE Financing
The terms of the non-brokered LIFE private placement first announced June 24, 2024 have been amended to raise a minimum of $1,350,000 and up to $2,500,000 through 9,000,000 to 16,666,667 units at $0.15 per unit, each unit comprising one common share and one warrant exercisable at $0.25 for 36 months, subject to acceleration if shares close above $0.50 for 10 consecutive trading days. Finders may receive up to 7% cash commission and 7% finder's warrants. Proceeds are for exploration expenditures and general operating expenses.
FinancingNeotech Metals Corp. Files Amended MD&A
An amended management's discussion and analysis has been filed for the condensed interim financial statements for the periods ended March 31, 2024 and 2023, following a continuous disclosure review by the British Columbia Securities Commission. The Amended MD&A is available under Neotech Metals' profile on SEDAR+ and should be read together with the March 31 interim financial statements.
CorporateNeotech Metals Corp. Completes Hecla-Kilmer REE Project Acquisition
The acquisition of the Hecla-Kilmer rare-earth element and niobium project in northwestern Ontario from VR Resources Ltd. has closed, with Neotech paying $1,000,000 in cash and issuing 4,000,000 common shares subject to staged resale restrictions ending between November 20, 2024 and January 19, 2027. Drilling by VR Resources intersected mineralization in 18 of 24 holes, including 361 m at 0.96% TREO from 83 m in HK22-013. A diamond drilling program is planned later this year, with metallurgical work at SGS laboratories this summer.
AcquisitionNeotech Metals Corp. Appoints Jared Galenzoski, P.Geo as Vice President Exploration
Jared Galenzoski, P.Geo, has been appointed Vice President Exploration of Neotech Metals Corp. effective June 27, 2024, and will also serve as the Company's Qualified Person under National Instrument 43-101. He was granted 300,000 stock options at an exercise price of $0.40 per share for a five-year term expiring June 27, 2029. Galenzoski has over 17 years' experience in the resource industry and is currently President of FIDES Strategic Resource Management Ltd.
ManagementNeotech Metals Announces LIFE Financing
A non-brokered private placement under the listed issuer financing exemption will raise a minimum of $1,500,000 and up to $2,500,000 through 6,000,000 to 10,000,000 units at $0.25 per unit, each unit comprising one common share and one warrant exercisable at $0.35 for 36 months. Warrants carry an acceleration provision if shares close above $0.50 for 10 consecutive trading days. Finders may receive up to 7% cash commission and 7% finder's warrants. Proceeds are for exploration expenditures and general operating expenses.
FinancingNeotech Metals Samples 3.26% TREO at Surface, Begins Summer Exploration Program at its British Columbia TREO Project
A grab sample (69233) from outcrop at the wholly-owned TREO rare earth project, 85 km northeast of Prince George, British Columbia, returned 3.26% TREO, with additional nearby samples returning anomalous values. Soil sampling, outcrop mapping and prospecting are now underway to verify and expand known zones of elevated REE values, targeting magnetic and radiometric trends from a 2010 survey. At the Foothills project, a regional program collecting over 695 samples concluded last week, with assays pending.
Drill resultsNeotech Metals Appoints Vieira as Director & Issues Options
Joao Alexandre Almeida Vieira has been appointed a director of Neotech Metals Corp. effective immediately, with Charn Deol stepping down. Vieira has over 15 years in mining exploration and owns an aviation business operating in Brazil, Africa and the United States; he holds a BBA from Anhembi Morumbi University. The Company also granted 2,200,000 options to directors, officers, employees and consultants, exercisable at $0.38 for a five-year term.
ManagementNeotech Metals Begins Field Work on its Foothills Project, British Columbia
A summer field program has started on the 100% owned Foothills rare-earth project in British Columbia, comprising ground-based geophysics, rock and stream sediment sampling, and geochemical soil and biogeochemical sampling targeting anomalous British Columbia Geological Survey stream-sediment samples. Work with Anomalous Exploration Ltd will collect regional-scale samples for assay ahead of a mapping and prospecting program planned for later this year. The BCGS survey ranks the region in the 98th percentile for rare-earth element concentrations provincewide.
Drill resultsNeotech Metals Amends Hecla-Kilmer Definitive Agreement
The closing date for Neotech's acquisition of a 100% interest in the Hecla-Kilmer REE property in Ontario from VR Resources Ltd. has been extended to June 30, 2024 under an amending agreement effective April 23, 2024. The extension accommodates a VR Resources shareholder vote at a Special Meeting on May 31, 2024, as required by TSX Venture Exchange policies. The original definitive agreement was entered into on March 8, 2024.
AcquisitionNeotech Metals Announces Closing of its Flow-Through Financing
A non-brokered flow-through financing has closed, with 1,142,858 flow-through units issued at $0.70 per unit for gross proceeds of $800,000. Each unit includes one flow-through common share and one-half warrant exercisable at $0.80 for three years, subject to acceleration if shares close above $1.00 for 15 consecutive trading days. Finder's fees of $56,000 in cash were paid, and net proceeds will fund qualified expenditures on the company's Canadian mineral properties.
FinancingNeotech Metals Corp. Announces Filing of Updated and Amended NI 43-101 Technical Report for TREO Rare Earth Property
An updated and amended NI 43-101 technical report has been filed for the wholly owned TREO Rare Earth Property, located 80 km northeast of Prince George, British Columbia, covering approximately 16,342 hectares across 38 unpatented mining claims. The report was prepared by Faarnad Geological Consulting Inc. and is available on the company's website and on SEDAR+. Neotech outlined a two-phase exploration program beginning with aerial and ground surveys, mapping and geochemical sampling, followed by prospecting and drill testing of priority targets.
Study resultsNeotech Metals Announces Flow-Through Financing, Financial Star News Contract, and Termination of Thor Agreement
A non-brokered private placement of up to 2,142,857 flow-through units at $0.70 per FT Unit for gross proceeds of up to $1,500,000, each unit comprising one flow-through share and one-half warrant exercisable at $0.80 for three years, with proceeds for qualified expenditures on Canadian mineral properties. The Company extended its marketing agreement with Financial Star News Inc. for up to six months from March 18, 2024, for USD $250,000 plus GST. It also terminated its option agreement on the Thor project in Nevada, with its December 2023 cash payment refunded and shares returned to treasury.
FinancingNeotech Metals Clarifies Technical Report Disclosure
Following a review by the British Columbia Securities Commission, the technical report entitled NI 43-101 Technical Report on the TREO Rare Earth Element Property, Cariboo Mining Division, East-Central British Columbia, Canada, NTS Reference 093J, dated effective December 10, 2023, is not compliant with National Instrument 43-101. Neotech Metals Corp. is working with the report's author on revisions to address the BCSC's comments and aims to file an amended technical report when complete.
CorporateNeotech Metals Signs Definitive Agreement for the Hecla-Kilmer Project from VR Resources
A definitive agreement has been signed with VR Resources Ltd. (TSXV: VRR) to acquire rights to the Hecla-Kilmer rare-earth element, niobium and phosphate project in northeastern Ontario, comprising 224 unpatented mining claims over 4,617 hectares. Consideration is $600,000 cash payable by April 8, 2024, $400,000 on the expected closing date of April 26, 2024, and 4,000,000 common shares issued in tranches of 500,000 (April 26, 2024), 1,500,000 (2025), 1,500,000 (2026) and 500,000 (October 26, 2026). The project lies 23 kilometres from the Otter Rapids hydroelectric station.
AcquisitionNeotech Metals to Acquire a 100% Interest in the Hecla-Kilmer Project from VR Resources Ltd.
A non-binding LOI signed February 12, 2024 with VR Resources Ltd. (TSXV: VRR) gives Neotech Metals the right to acquire a 100% interest in the Hecla-Kilmer rare-earth element, niobium and phosphate project in northeastern Ontario. The right is exercisable through the issuance of four million Neotech common shares over 30 months, priced at the Company's then market price, plus a $1 million payment. The early-stage project lies 23 kilometres from the Otter Rapids hydroelectric generating station.
AcquisitionNeotech Metals Finishes Surface Exploration Program at Thor, To Commence Field Program at Foothills Prospect
A field program at the wholly owned Thor Rare Earth Elements Project in Nevada's eastern Mojave Desert Region has been completed, with over 800 soil samples and 50 rock and chip samples collected over several weeks and now en route to the lab for analysis. A grassroots field program will begin at the newly staked Foothills project, 90 kilometers northeast of Kelowna, British Columbia, comprising nine mineral claims over 16,500 hectares, involving stream sampling, regional geological mapping and sampling.
Drill resultsNeotech Metals Commences Surface Exploration Program on Thor Property in Nevada
Phase 1 of a surface exploration program began January 31 at the Thor Rare Earth Elements Project in Nevada's eastern Mojave Desert Region, with Anomalous Exploration Corp. contracted to carry out the work. The program includes rock outcrop sampling and mapping, verification of past mineralized zones along the 2,500-metre Lopez Trend, and regional soil sampling to define targets for a planned shallow drill program. Airborne geophysical surveys are planned later in the program.
Drill resultsNeotech Metals Stakes Strategic Foothills REE Prospect in Central British Columbia
Nine claims totalling 16,517 hectares have been staked as the Foothills REE prospect, located 95 km northeast of Kelowna in Central British Columbia, with year-round road access. The staking followed a January 2024 British Columbia Geological Survey publication using multi-element stream-sediment geochemical data that flagged the region, where rare-earth element concentrations exceed background levels by multiples. Neotech plans exploration to verify the historical results and expand its understanding of the area.
CorporateNeotech Metals Unveils Comprehensive ESG Strategy for Sustainable Growth, Targets Exploration Program to Advance Economic Potential of TREO Property and Extends Marketing Agreement
An ESG strategy covering environmental stewardship, community engagement in Prince George and Bear Lake, and governance was released alongside planned exploration at the TREO Property in Northern British Columbia and the Thor REE Project in the eastern Mojave Desert, including airborne radiometric and magnetic geophysics, geological and geochemical mapping/sampling, and drilling, with the TREO summer program pending permits. A marketing agreement with Financial Star News Inc. runs up to six months from January 17, 2024, for USD $500,000 plus GST, with no securities issued.
CorporateNeotech Metals Corp. Begins Data Compilation Program at Thor Property
A data compilation and review has begun at the Thor property, a 22-claim mid-stage exploration property in the eastern Mojave Desert Region about 119 kilometers south of Las Vegas, ahead of fieldwork starting at the end of January. Anomalous Exploration Corp. is assisting with the compilation, review and fieldwork planning. Planned work includes preliminary sampling and mapping of rock outcrops, prospecting and regional soil sampling, with airborne geophysical surveys to follow to help select drill targets.
NewsNeotech Metals Further Clarifies Technical Disclosure and Confirms Shares will Resume Trading on January 9, 2024
Technical disclosure relating to the TREO Property contained in news releases dated November 9, 2023, December 1, 2023 and December 12, 2023, the 2023 investor presentation and the company website — previously retracted or clarified on December 28, 2023 — is also retracted in full from all disclosures made by marketing services provider The Financial Star News, across all distribution channels. Neotech Metals shares will resume trading at market open on January 9, 2024.
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202317 releases
Neotech Metals Clarifies Technical Disclosure
Following a British Columbia Securities Commission review, technical disclosure in news releases dated November 9, December 1 and December 12, 2023, the 2023 investor presentation and the company website relating to the TREO Property in northern British Columbia has been clarified. Reported figures from the preliminary economic assessment on Defense Metals' adjacent Wicheeda Property are retracted in their entirety, with the company reiterating that Wicheeda's proximity does not indicate similar mineralization at TREO. Data verification and QA/QC procedures for the Fall 2023 sampling program were also disclosed.
CorporateNeotech Metals Unaware of any Material Change
Management is unaware of any material change in the Company's operations that would account for recent increased market activity, in a statement made at the request of the Canadian Investment Regulatory Organization. Neotech Metals holds options over the EBB nickel-cobalt property and owns 38 rare earth mineral claims, all located in British Columbia, Canada.
NewsNeotech Metals Corp. Announces Strategic Option of the Thor REE Project
An option agreement dated December 13, 2023 with Willoughby & Associates PLLC gives Neotech the right to acquire a 100% interest in 22 mining claims comprising the Thor REE Project in the eastern Mojave Desert, approximately 119 kilometres south of Las Vegas and about 30 kilometres from MP Materials' Mountain Pass Mine. Consideration totals USD$200,000 cash and USD$400,000 in common shares payable in stages on or before December 1, 2025. Grab samples returned up to 10.6% total REE+Y and 1.45% Th, with an 11-metre channel sample averaging 1.00% total REE+Y along the 2,500-metre Lopez Trend. A Phase I program of geophysics, trenching, sampling and shallow drilling is planned.
AcquisitionNeotech Metals Corp. Announces Filing of NI 43-101 Technical Report for TREO Rare Earth Property
An NI 43-101 technical report has been filed for the wholly owned TREO Rare Earth Property, 80 km northeast of Prince George, British Columbia, covering approximately 16,286.30 hectares across 40 unpatented mining claims. Historical drilling returned intercepts including 4.7% TREO over 0.9 m and 1.39% TREO over 37.3 m. A 2023 program collected 1,493 soil, 75 stream sediment and 42 rock samples, with results pending; phase one of a two-phase exploration program is budgeted at approximately $600,817.
Study resultsNeotech Metals Corp. Announces Extension of Marketing Agreement
An extension of an investor relations agreement with Financial Star News Inc. of Vancouver, BC takes effect December 1, 2023, covering online advertising campaigns, keyword research, landing pages and promotion on www.thefinancialstar.com, social media and Google. Neotech Metals will pay USD $500,000 plus GST, with no securities issued as compensation; FSN is at arm's length and holds no company securities. Neotech owns 40 rare earth claims (the TREO Property) and an option on the EBB nickel-cobalt property in British Columbia.
CorporateNeotech Metals Corp. Announces Further Strategic Addition of Claims, Extending the TREO Property
Two claims totalling 338 hectares have been acquired adjacent to the TREO rare earth property in British Columbia, increasing the land package from 15,948 hectares to 16,286 hectares across 40 claims. The claims were purchased from Steven Scott for $5,000 and 20,000 common shares, subject to a four-month hold period. The southern claim block adjoins a claim block recently acquired by Defense Metals.
CorporateNeotech Metals Corp. Strengthens its Team with the Appointment of Geoscientist Dr. David James Turner as Strategic Advisor for TREO Rare Earth Project
Dr. David James Turner, PhD, P.Geo., has been appointed Strategic Advisor to Neotech Metals Corp., focusing on the TREO rare earth property adjacent to Wicheeda in British Columbia. Turner, owner and principal geoscientist of Turner Geoscience Consulting Ltd. since 2006 and a Senior Geoscientist at Regeneration Enterprises, was granted 50,000 stock options vesting 100% on March 20, 2024, exercisable for two years from issuance at $0.90 per share.
ManagementNeotech Metals Corp. Engages Ninja Media LLC
Ninja Media LLC of Casper, Wyoming has been engaged to provide investor relations services for a fee of US$25,000, beginning November 20, 2023. Services include a video review and a link to the Company's website and social media site, with Neotech Metals dealing at arm's length with Ninja. Neotech owns 38 rare earth mineral claims (the TREO Property) and holds an option on the EBB nickel-cobalt property, both in British Columbia, Canada.
CorporateNeotech Metals Corp. Concludes 2023 Regional Sampling Program at its flagship TREO Property
A regional sampling program at the TREO rare earth property in British Columbia has been completed, comprising more than 1,700 soil samples, 75 stream sediment samples and 30 rock samples from high-priority targets selected using historical drilling data. Samples are under analysis with assay results expected in the coming weeks, and the data will guide a scaled-up 2024 exploration program along an interpreted 25 km-long REE trend, including additional airborne geophysics.
Drill resultsNeotech Metals Announces Additional TREO Claims Staked
Five new claim units totalling 4,887 hectares have been staked contiguous to Neotech Metals' TREO claim group, increasing the project's footprint to over 15,500 hectares. The company, formerly Caravan Energy Corporation, holds options over the EBB nickel-cobalt property and owns 38 rare earth mineral claims in British Columbia, Canada.
CorporateNeotech Metals Announces New Trading Symbol on the OTC: NTMFF
The OTC ticker symbol for Neotech Metals Corp., formerly Caravan Energy Corporation, has changed to NTMFF; the company also trades as CSE: NTMC and FRA: V690. Neotech is a Vancouver-based mineral exploration company holding options over the EBB Nickel-Cobalt Property and owning 33 rare earth mineral claims, all located in British Columbia, Canada.
CorporateNeotech Metals Announces Marketing Agreement
Financial Star News Inc. of Vancouver has been engaged to provide marketing services for up to six months commencing October 17, 2023, with the term subject to extension or shortening at management's discretion. Neotech Metals will pay USD $500,000 plus GST, with no securities issued as compensation; FSN holds no securities of the Company and is at arm's length. Promotional activity will occur on www.thefinancialstar.com, social media and Google.
CorporateCaravan Announces Planned Name Change to Neotech Metals Corp. (CSE: NTMC)
Caravan Energy Corporation plans to change its name to Neotech Metals Corp. and its ticker symbol from CNRG to NTMC, subject to Canadian Securities Exchange approval. The changes are expected to take effect on October 26, 2023, with the common shares beginning to trade under the new name and symbol on that date. The Vancouver-based company holds options over the EBB Nickel-Cobalt Property and owns 33 rare earth mineral claims in British Columbia, Canada.
CorporateCaravan Announces Appointment of New Corporate Secretary and Equity Compensation Grants
Stephanie Sharma has been appointed Corporate Secretary of Caravan Energy Corporation, replacing Philip Ellard, who stepped down to focus on his role as Chief Financial Officer. The Company also granted an aggregate of 275,000 stock options and 4,000,0000 restricted share units to certain directors, officers and consultants under its equity compensation plan. Caravan holds options over the EBB Nickel-Cobalt Property and owns 33 rare earth mineral claims in British Columbia, Canada.
ManagementCaravan Announces Closing of Equity Financing & Mineral Claims Acquisitions
A non-brokered private placement closed for gross proceeds of $6,050,251, comprising 7,262,524 units at $0.42 and 6,000,000 flow-through units at $0.50, each with a half warrant exercisable at $0.60 for two years; finders received $348,994 cash and 766,800 broker warrants. Caravan Energy also closed the acquisition of 33 rare earth claims totalling 11,134 hectares near Prince George, British Columbia for $250,000 cash, 5,509,090 shares and 2% NSR royalties, including five claims from CEO Reagan Glazier.
FinancingCaravan Energy Announces Appointment of Reagan Glazier as CEO and Director
Reagan Glazier has been appointed Chief Executive Officer and a Director of Caravan Energy (CSE: CNRG), effective immediately, while Charn Deol has resigned as President and CEO but remains on the board. Glazier is the vendor of the rare earth TREO properties near Prince George, British Columbia, comprising 5 mineral claims totaling 6,449 hectares, for which the Company has agreed to pay $50,000 cash, 100,000 common shares and a 2% NSR royalty, with a 50% buy-back right for $1,000,000. The acquisition will be a related party transaction under MI 61-101.
ManagementCaravan Energy to Commence Trading on the OTCQB® Venture Market
Caravan Energy Corp. (CSE: CNRG) has been approved to begin trading on the OTCQB Venture Market on July 12, 2023, under the symbol CENCF at market open. The Vancouver-based mineral exploration company holds options over the EBB Property in British Columbia, Canada.
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