DNI Metals Inc. $DMNKF Fact Sheet (as of 06/01/16)
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Posted On: 06/01/2016 6:14:16 PM
DNI Metals Inc. $DMNKF Fact Sheet (as of 06/01/16)
DNI Metals Inc. is a Canadian-based junior resources company focused on developing a vertically integrated graphite extraction, refining, and wholesale business. As an integral part of this process, and after recognizing the high quality of graphite from central-eastern Madagascar, it acquired the Vohitsara graphite property, and has commenced exploration to delineate a commercially viable graphite resource.
Initial surface exploration has returned encouraging results, and DNI is now preparing to undertake resource delineation drilling and bulk sampling programs. The property has a full mining permit, and further development and drilling are scheduled to commence later this year. The Company formed DNI Madagascar Sarl, a wholly owned subsidiary in Madagascar, in order to carry out business in that country.
DNI Metals is focused on becoming a cash-flow positive company, with the addition of a fully operating commercial mining-related laboratory.
The 37,000 sq. ft. technical lab and testing facility, located in the Greater Toronto Area, is fully permitted - up to and including Uranium/Radioactive Materials - and is currently being used by mining and clean tech companies for assay work, pilot plant modeling, technical studies and environmental work. More than 62 Canadian & US patents have been developed at this facility.
They also have a wholesale graphite business shipping material from high-quality producers in Brazil to North America. The Company currently has an agreement to provide Great Lakes Graphite (GLK.V & GLKIF) 34,000 tonnes of –100 mesh +95 graphitic carbon over a five year period.
Additional mineral assets, include: the Alberta polymetallic black shale SBH Property, consisting of twenty-one metallic and industrial mineral permits that comprise a 1,218 square kilometer land position in the Athabasca region of northeast Alberta; and a 0.5% net smelter return royalty interest against future production proceeds from the Cane Springs Property and the Kiewit Project Area, Utah.
Other interests include: the Attawapiskat Property, consisting of around 16 square kilometer land position in the Attawapiskat region, located in the James Bay Lowlands in Ontario; a 50% interest in claims located to the east of the Louvicourt Mine in Val-d'Or, Quebec; and certain patented claims in the Red Lake Gold District, Ontario.
Website: http://dnimetals.com
Corporate Office:
DNI Metals Inc.
2036 Salvator Blvd.
Oakville, Ontario
L6L 1M7
Contact Information:
Investor Relations: ir@dnimetals.com
Phone: (+1) 416-595-1195
Social Media:
YouTube: https://www.youtube.com/dnimetals
Twitter: https://twitter.com/dnimetals
Facebook: https://www.facebook.com/DNI-Metals-Inc-776517402459407
Management Team:
Daniel J. Weir, Chairman, CEO, President, and Secretary
Raymond E. Mitchell, Director
Paul Gorman, Director
Brian Howlett, Interim CFO
Steven Goertz, Manager (Madagascar)
Peter Eriksson, Manager (Brazil)
Paul L. Hart, Director
Dr. Ravi B. Gopal, Director
Terry Loney, Special Advisor
Harrison O. Cookenboo, Advisor
John Gillett, Advisor
Financial Position: (as of Dec. 31, 2015, expressed in Canadian Dollars)
Current Assets: $ 92,440
Equipment: $ 2,191
Exploration & Evaluation Properties: $ 8,039,242
Total Assets: $ 8,133,873
Accounts Payable & Accrued Liabilities: $ 542,819
Capital Stock: $ 26,364,757
Reserves: $ 481,940
Warrants: $ 235,122
Deficit: $ (19,490,765)
Shareholder's Equity: $ 7,591,054
Auditor: McGovern Hurley Cunningham, LLP ( http://www.mhc-ca.com )
Capitalization: (as of May 19, 2016)
Issued & Outstanding: 39,424,204
Reserved for Issuance: 7,537,707
Float: 29,568,000 (estimated)
(Management, Board, and Advisors own ~ 25% of the Company)
Warrants, from Private Placements: (in Canadian Dollars)
6,600,000 at $0.20 (Expire Dec 2016)
2,000,000 at $0.10 (Expire Jul 2017)
1,601,000 at $0.10 (Expire Sep 2017)
4,924,000 at $0.10 (Expire Oct 2017)
1,475,000 at $0.10 (Expire Nov 2017)
Options: (in Canadian Dollars)
725,000 at $0.09
280,000 at $1.50 (and higher)
Transfer Agent: Equity Financial Trust Company ( http://equityfinancialtrust.com )
Stock Symbols:
DNI (DNI.CN) on CSE (Canadian Securities Exchange) http://thecse.com/en/listings/mining/dni-metals-inc
DMNKF on OTC (Pink Sheets) http://www.otcmarkets.com/stock/DMNKF/quote
DG7N on FWB (Frankfurt Stock Exchange) http://bfrank.ariva.de/en/equities/dni+metals...3327V2084/
Quotes: http://dnimetals.com/quote/
DNI Metals Inc. is a Canadian-based junior resources company focused on developing a vertically integrated graphite extraction, refining, and wholesale business. As an integral part of this process, and after recognizing the high quality of graphite from central-eastern Madagascar, it acquired the Vohitsara graphite property, and has commenced exploration to delineate a commercially viable graphite resource.
Initial surface exploration has returned encouraging results, and DNI is now preparing to undertake resource delineation drilling and bulk sampling programs. The property has a full mining permit, and further development and drilling are scheduled to commence later this year. The Company formed DNI Madagascar Sarl, a wholly owned subsidiary in Madagascar, in order to carry out business in that country.
DNI Metals is focused on becoming a cash-flow positive company, with the addition of a fully operating commercial mining-related laboratory.
The 37,000 sq. ft. technical lab and testing facility, located in the Greater Toronto Area, is fully permitted - up to and including Uranium/Radioactive Materials - and is currently being used by mining and clean tech companies for assay work, pilot plant modeling, technical studies and environmental work. More than 62 Canadian & US patents have been developed at this facility.
They also have a wholesale graphite business shipping material from high-quality producers in Brazil to North America. The Company currently has an agreement to provide Great Lakes Graphite (GLK.V & GLKIF) 34,000 tonnes of –100 mesh +95 graphitic carbon over a five year period.
Additional mineral assets, include: the Alberta polymetallic black shale SBH Property, consisting of twenty-one metallic and industrial mineral permits that comprise a 1,218 square kilometer land position in the Athabasca region of northeast Alberta; and a 0.5% net smelter return royalty interest against future production proceeds from the Cane Springs Property and the Kiewit Project Area, Utah.
Other interests include: the Attawapiskat Property, consisting of around 16 square kilometer land position in the Attawapiskat region, located in the James Bay Lowlands in Ontario; a 50% interest in claims located to the east of the Louvicourt Mine in Val-d'Or, Quebec; and certain patented claims in the Red Lake Gold District, Ontario.
Website: http://dnimetals.com
Corporate Office:
DNI Metals Inc.
2036 Salvator Blvd.
Oakville, Ontario
L6L 1M7
Contact Information:
Investor Relations: ir@dnimetals.com
Phone: (+1) 416-595-1195
Social Media:
YouTube: https://www.youtube.com/dnimetals
Twitter: https://twitter.com/dnimetals
Facebook: https://www.facebook.com/DNI-Metals-Inc-776517402459407
Management Team:
Daniel J. Weir, Chairman, CEO, President, and Secretary
Raymond E. Mitchell, Director
Paul Gorman, Director
Brian Howlett, Interim CFO
Steven Goertz, Manager (Madagascar)
Peter Eriksson, Manager (Brazil)
Paul L. Hart, Director
Dr. Ravi B. Gopal, Director
Terry Loney, Special Advisor
Harrison O. Cookenboo, Advisor
John Gillett, Advisor
Financial Position: (as of Dec. 31, 2015, expressed in Canadian Dollars)
Current Assets: $ 92,440
Equipment: $ 2,191
Exploration & Evaluation Properties: $ 8,039,242
Total Assets: $ 8,133,873
Accounts Payable & Accrued Liabilities: $ 542,819
Capital Stock: $ 26,364,757
Reserves: $ 481,940
Warrants: $ 235,122
Deficit: $ (19,490,765)
Shareholder's Equity: $ 7,591,054
Auditor: McGovern Hurley Cunningham, LLP ( http://www.mhc-ca.com )
Capitalization: (as of May 19, 2016)
Issued & Outstanding: 39,424,204
Reserved for Issuance: 7,537,707
Float: 29,568,000 (estimated)
(Management, Board, and Advisors own ~ 25% of the Company)
Warrants, from Private Placements: (in Canadian Dollars)
6,600,000 at $0.20 (Expire Dec 2016)
2,000,000 at $0.10 (Expire Jul 2017)
1,601,000 at $0.10 (Expire Sep 2017)
4,924,000 at $0.10 (Expire Oct 2017)
1,475,000 at $0.10 (Expire Nov 2017)
Options: (in Canadian Dollars)
725,000 at $0.09
280,000 at $1.50 (and higher)
Transfer Agent: Equity Financial Trust Company ( http://equityfinancialtrust.com )
Stock Symbols:
DNI (DNI.CN) on CSE (Canadian Securities Exchange) http://thecse.com/en/listings/mining/dni-metals-inc
DMNKF on OTC (Pink Sheets) http://www.otcmarkets.com/stock/DMNKF/quote
DG7N on FWB (Frankfurt Stock Exchange) http://bfrank.ariva.de/en/equities/dni+metals...3327V2084/
Quotes: http://dnimetals.com/quote/
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