Cornish Metals Inc will issue 800,000 options over common shares to its chief development officer Fawzi Hanano. The options have an exercise price of £0.18 per share, the same as those granted earlier in 2023 and the investment price paid by Vision Blue Resources in the £40.5 million fundraise in May 2022. The granted options […]
Tag: copper-tin
Cornish Metals plans 18-month drill at United Downs
Cornish Metals Inc announced it would conduct its first drill programme at its copper-tin project at United Downs, Cornwall. It will also undertake initial field work on other high priority exploration targets within transport distance of South Crofty. The Canadian miner will use funds raised for the operations from a private placing which raised £8.2 […]
Cornish Metals narrows losses
Cornish Metals Inc ended its last financial year with a low cash balance but narrowed losses at its copper-tin projects in South Crofty and United Downs, Cornwall. In its financial results for the year ended 31 January 2021, the Canadian exploration and development company recorded a cash balance of CA$353,601 [£207,000] (31 Jan 2020: $1,305,253). […]