Xmet Inc (XMTTF) 0.0430 $XMTTF
Xmet Announces Closing of Brokered Second Tranche of Private Placement Offering
Marketwire - Thu Jul 24, 8:35AM CDT
Xmet Inc. ("Xmet" or the "Company"
(TSX VENTURE: XME) is pleased to announce that it has completed a brokered second tranche of a private placement offering of units ("Units" of the Corporation (the "Offering". In connection with the first tranche of the Offering, the Company issued 2,727,273 Units at $0.11 per Unit on April 11, 2014 for aggregate gross proceeds of $300,000. In connection with the current tranche, the Company issued 2,700,000 Units at a price of $0.05 per Unit, for aggregate gross proceeds of $135,000. The Unit price for the current tranche is being sold at a premium to the Company's closing share price on July 22, 2014. Each Unit issued under this current tranche consists of one common share in the capital of the Corporation (each, a "Common Share" and one common share purchase warrant (each, a "Warrant". Each Warrant is exercisable into one Common Share at a price of $0.05 for a period ending July 23, 2019. The Units and underlying securities will be subject to a four month hold period following closing of the current tranche, expiring on November 24, 2014. To facilitate the financing, the Chairman of the Company, Alexander Stewart loaned 2,700,000 free trading Common Shares to the subscriber under this current tranche and, in return, received a pledge of an equal number of restricted Common Shares acquired by the subscriber pursuant to this current tranche.
Xmet to Commence Ground Geophysics on Blackflake West 'All Channel' EM Target
Marketwire - Thu Jul 10, 1:02PM CDT
Xmet Inc. ("Xmet" or the "Company" (TSX VENTURE: XME) is pleased to announce that it has engaged Abitibi Geophysics to commence the ground geophysical program on its Blackflake West 'All Channel' Electromagnetic ("EM" target in the next few days.
Xmet Outlines Plans for Its 100% Owned Grasset Property which forms the Eastern Extension of Balmoral Resources' Grasset
Marketwire - Mon Jun 23, 9:05AM CDT
Xmet Inc. ("Xmet" or the "Corporation" (TSX VENTURE: XME) is pleased to update its shareholders on its plans for its 100% owned Grasset Property which forms the eastern extension of Balmoral Resource's Grasset Project along the Detour-Sunday Lake Deformation Zone. Xmet's Grasset Project covers the south part of Grasset Lake and is accessible from Matagami via the Phelps Dodge Deposit road across the Allard River bridge using a winter forestry road. The Grasset Property consists of 114 claims covering a total of 6,326 hectares.
Xmet Management to Host Live Online Presentation and Q&A on Its All Channel EM Graphite Target on June 25, 2pm EST
Marketwire - Fri Jun 20, 9:20AM CDT
Xmet Inc. ("Xmet" or the "Corporation" (TSX VENTURE: XME) is pleased to announce that it will be holding a live web streaming event where Management will present its latest plans for development of its 'All Channel' Graphite target on its Blackflake project.
Xmet Acquires Western Extension of 'All Channel' Graphite Target on Blackflake West
Marketwire - Wed Jun 18, 3:00PM CDT
Xmet Inc. ("Xmet" or the "Corporation" (TSX VENTURE: XME) is pleased to announce that it has acquired a 50% interest in 29 claim units in four claims on the western boundary of the Blackflake West property. These claims appear to host a possible western extension of Blackflake West's 'All Channel' Electromagnetic graphite target. Xmet also has the option to increase its interest to 65% in the near term by flying EM over the new claims within the next four months.
Metals Creek Resources Corp.: Blackflake (Feagan Lake) Property "All Channel" EM Graphite Target receives Drilling and Ground Geophysics Permit from MNDM
Marketwire - Mon Jun 16, 8:03AM CDT
Metals Creek Resources (TSX VENTURE: MEK) is pleased to announce that it has received its Drilling and Ground Geophysics Exploration Permit from the Ministry of Northern Development and Mines (MNDM) on its Blackflake West (Feagan Lake) Graphite Project. Metals Creek discovered several conductive electromagnetic targets on the Blackflake West (Feagan Lake) Graphite property. These new electromagnetic (EM) conductive responses were flown with the VTEM plus time domain system targeting previously identified magnetic lows that resulted in the discovery of several new exploration targets exhibiting similar features to that of Zenyatta's hydrothermal graphite discovery. One of the EM responses in particular returned a strong conductive response on all channels with an associated magnetic low. Metals Creek recently optioned the property to Xmet Inc. (TSX-V: XME).
Xmet Receives Drilling and Ground Geophysics Permits from MNDM on Blackflake West's 'All Channel' EM Graphite Target
Marketwire - Mon Jun 16, 8:02AM CDT
Xmet Inc. (TSX VENTURE: XME) ("Xmet" is pleased to announce that it has received all of the necessary permits from Ontario's Ministry of Northern Development and Mines ("MNDM" to begin its ground geophysics work program and drill testing on the Blackflake West's 'All Channel' Electromagnetic graphite target.
Xmet Updates on Blackflake West Work Program; Mails Management Information Circular for June 25, 2014 Annual Meeting
Marketwire - Thu Jun 05, 2:11AM CDT
Xmet Inc. ("Xmet" or the "Corporation" (TSX VENTURE: XME) is pleased to provide its shareholders with an update Blackflake West and its pending work program. The 'All-Channel' EM response target was discovered close to the western boundary of Zenyatta's Albany graphite diatreme. Geotech, who flew the VTEM survey in March 2014, concluded in their final report that the anomaly appears to be 'a steeply dipping conductor'. This priority target contains the following interesting features:
Xmet Filing First Quarter 2014 Financials; Proceeding on Blackflake West
Marketwire - Fri May 30, 11:30AM CDT
Xmet Inc. ("Xmet" or the "Corporation" (TSX VENTURE: XME) is pleased to announce that today it is filing its First Quarter 2014 Financial Statements for the period ending March 31, 2014. The documents will be available for viewing on Sedar.com later today. As per the financial statements Xmet had positive working capital of $677,714 as at the period end. This has been augmented by the Company's financing in the gross amount of $300,000 completed in April 2014 (see news release April 11, 2014).
Xmet to Continue Aggressive Exploration Program on Blackflake and Provides Company Update
Marketwire - Thu May 29, 10:03AM CDT
Xmet Inc. ("Xmet" or the "Company" (TSX VENTURE: XME) is pleased to provide a comprehensive update on its Blackflake East and West projects and other corporate items.
Xmet Announces Closing of Brokered Second Tranche of Private Placement Offering
Marketwire - Thu Jul 24, 8:35AM CDT
Xmet Inc. ("Xmet" or the "Company"
(TSX VENTURE: XME) is pleased to announce that it has completed a brokered second tranche of a private placement offering of units ("Units" of the Corporation (the "Offering". In connection with the first tranche of the Offering, the Company issued 2,727,273 Units at $0.11 per Unit on April 11, 2014 for aggregate gross proceeds of $300,000. In connection with the current tranche, the Company issued 2,700,000 Units at a price of $0.05 per Unit, for aggregate gross proceeds of $135,000. The Unit price for the current tranche is being sold at a premium to the Company's closing share price on July 22, 2014. Each Unit issued under this current tranche consists of one common share in the capital of the Corporation (each, a "Common Share" and one common share purchase warrant (each, a "Warrant". Each Warrant is exercisable into one Common Share at a price of $0.05 for a period ending July 23, 2019. The Units and underlying securities will be subject to a four month hold period following closing of the current tranche, expiring on November 24, 2014. To facilitate the financing, the Chairman of the Company, Alexander Stewart loaned 2,700,000 free trading Common Shares to the subscriber under this current tranche and, in return, received a pledge of an equal number of restricted Common Shares acquired by the subscriber pursuant to this current tranche. Xmet to Commence Ground Geophysics on Blackflake West 'All Channel' EM Target
Marketwire - Thu Jul 10, 1:02PM CDT
Xmet Inc. ("Xmet" or the "Company"
(TSX VENTURE: XME) is pleased to announce that it has engaged Abitibi Geophysics to commence the ground geophysical program on its Blackflake West 'All Channel' Electromagnetic ("EM" target in the next few days. Xmet Outlines Plans for Its 100% Owned Grasset Property which forms the Eastern Extension of Balmoral Resources' Grasset
Marketwire - Mon Jun 23, 9:05AM CDT
Xmet Inc. ("Xmet" or the "Corporation"
(TSX VENTURE: XME) is pleased to update its shareholders on its plans for its 100% owned Grasset Property which forms the eastern extension of Balmoral Resource's Grasset Project along the Detour-Sunday Lake Deformation Zone. Xmet's Grasset Project covers the south part of Grasset Lake and is accessible from Matagami via the Phelps Dodge Deposit road across the Allard River bridge using a winter forestry road. The Grasset Property consists of 114 claims covering a total of 6,326 hectares. Xmet Management to Host Live Online Presentation and Q&A on Its All Channel EM Graphite Target on June 25, 2pm EST
Marketwire - Fri Jun 20, 9:20AM CDT
Xmet Inc. ("Xmet" or the "Corporation"
(TSX VENTURE: XME) is pleased to announce that it will be holding a live web streaming event where Management will present its latest plans for development of its 'All Channel' Graphite target on its Blackflake project. Xmet Acquires Western Extension of 'All Channel' Graphite Target on Blackflake West
Marketwire - Wed Jun 18, 3:00PM CDT
Xmet Inc. ("Xmet" or the "Corporation"
(TSX VENTURE: XME) is pleased to announce that it has acquired a 50% interest in 29 claim units in four claims on the western boundary of the Blackflake West property. These claims appear to host a possible western extension of Blackflake West's 'All Channel' Electromagnetic graphite target. Xmet also has the option to increase its interest to 65% in the near term by flying EM over the new claims within the next four months. Metals Creek Resources Corp.: Blackflake (Feagan Lake) Property "All Channel" EM Graphite Target receives Drilling and Ground Geophysics Permit from MNDM
Marketwire - Mon Jun 16, 8:03AM CDT
Metals Creek Resources (TSX VENTURE: MEK) is pleased to announce that it has received its Drilling and Ground Geophysics Exploration Permit from the Ministry of Northern Development and Mines (MNDM) on its Blackflake West (Feagan Lake) Graphite Project. Metals Creek discovered several conductive electromagnetic targets on the Blackflake West (Feagan Lake) Graphite property. These new electromagnetic (EM) conductive responses were flown with the VTEM plus time domain system targeting previously identified magnetic lows that resulted in the discovery of several new exploration targets exhibiting similar features to that of Zenyatta's hydrothermal graphite discovery. One of the EM responses in particular returned a strong conductive response on all channels with an associated magnetic low. Metals Creek recently optioned the property to Xmet Inc. (TSX-V: XME).
Xmet Receives Drilling and Ground Geophysics Permits from MNDM on Blackflake West's 'All Channel' EM Graphite Target
Marketwire - Mon Jun 16, 8:02AM CDT
Xmet Inc. (TSX VENTURE: XME) ("Xmet"
is pleased to announce that it has received all of the necessary permits from Ontario's Ministry of Northern Development and Mines ("MNDM" to begin its ground geophysics work program and drill testing on the Blackflake West's 'All Channel' Electromagnetic graphite target. Xmet Updates on Blackflake West Work Program; Mails Management Information Circular for June 25, 2014 Annual Meeting
Marketwire - Thu Jun 05, 2:11AM CDT
Xmet Inc. ("Xmet" or the "Corporation"
(TSX VENTURE: XME) is pleased to provide its shareholders with an update Blackflake West and its pending work program. The 'All-Channel' EM response target was discovered close to the western boundary of Zenyatta's Albany graphite diatreme. Geotech, who flew the VTEM survey in March 2014, concluded in their final report that the anomaly appears to be 'a steeply dipping conductor'. This priority target contains the following interesting features: Xmet Filing First Quarter 2014 Financials; Proceeding on Blackflake West
Marketwire - Fri May 30, 11:30AM CDT
Xmet Inc. ("Xmet" or the "Corporation"
(TSX VENTURE: XME) is pleased to announce that today it is filing its First Quarter 2014 Financial Statements for the period ending March 31, 2014. The documents will be available for viewing on Sedar.com later today. As per the financial statements Xmet had positive working capital of $677,714 as at the period end. This has been augmented by the Company's financing in the gross amount of $300,000 completed in April 2014 (see news release April 11, 2014). Xmet to Continue Aggressive Exploration Program on Blackflake and Provides Company Update
Marketwire - Thu May 29, 10:03AM CDT
Xmet Inc. ("Xmet" or the "Company"
(TSX VENTURE: XME) is pleased to provide a comprehensive update on its Blackflake East and West projects and other corporate items. 
