Clean Air Metals appoints BBA as Prime Engineering Consultant for Prefeasibility Study of the Thunder Bay North Critical Minerals Project and Provides Corporate Update

Clean Air Metals Inc. (“Clean Air Metals” or the “Company”) (TSXV: AIR) (OTCQB: CLRMF) (FRA: CKU) is pleased to announce that Sudbury and Montreal-based BBA E&C Inc. (“BBA”) has been selected as the prime engineering consultant to lead the execution of the remaining Pre-Feasibility Study (PFS) work packages on the Thunder Bay North Critical Minerals Project. read more

Clean Air Metals Files Q3/22 Interim Financial Statements

Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (FRA: CKU) (OTCQB: CLRMF) announces that it has filed its unaudited consolidated interim financial statements and management’s discussion and analysis for the nine-month period ended October 31, 2022, available for viewing on www.sedar.com. read more

CLEAN AIR METALS CLOSES FIRST TRANCHE OF C$15 MILLION ROYALTY FINANCING AGREEMENT ON THUNDER BAY NORTH CRITICAL MINERALS PROJECT WITH TRIPLE FLAG PRECIOUS METALS CORP.

 Clean Air Metals Inc. (“Clean Air Metals”) (the “Company”) (TSXV: AIR) (OTCQB: CLRMF) (CKU: DB) has closed the first tranche in the amount of C$10 million of a C$15-million mineral royalty financing agreement (the “TF Royalty Agreement”) effective December 16, 2022 (the “Effective Date”) with Triple Flag Precious Metals Corp. (“Triple Flag”).  The TF Royalty Agreement features a 2.5% net smelter returns (“NSR”) mining royalty for all mineral product produced on the Thunder Bay North Critical Minerals (Platinum, Palladium, Copper, Nickel) Project in Northern Ontario, Canada, temporarily excepting the Escape claims. read more

Grid Metals Completes 14 Drill Holes at Makwa Nickel Deposit, Manitoba Canada

Intersects Nickel Bearing Massive Sulphides Underneath The Past-Producing Dumbarton Nickel Deposit
Grid Metals, GRDM.V
Hole IDFrom (m)To (m)Length (m)Ni (%)Cu (%)Co (%)Pd (g/t)Pt (g/t)Au (g/t)NiEq* (%)
MAK22-02174.76190.0215.260.390.290.040.010.010.020.64
inc.181.00189.008.000.500.360.040.010.010.020.81
and inc.183.00186.553.550.790.280.070.020.010.011.14
and inc.184.53186.552.020.970.240.080.020.020.011.34
with184.53185.110.581.630.120.120.020.010.012.07
and with186.19186.550.361.530.120.120.030.030.011.97

Grid Metals Corp. (the “Company“) (TSXV:GRDM)(OTCQB:MSMGF) today provided a drill update on its Makwa Nickel Property. Makwa which is part of the Makwa Mayville Ni-Cu-PGM Project located in southeastern Manitoba – where the Company has just completed 14 exploration drill holes. The current Makwa drill program focused on four geophysical targets (MK02-MK05) all located close to the 2014 pit-constrained Makwa Ni-Cu-PGM resource. Results from the first drill hole at the MK02 target intersected two separate intervals of <1 metre of massive sulfide mineralization with nickel grades greater than 1.5% within a broader mineralized package including 15 metres of 0.64% and 3.5 metres of 1.14% nickel equivalent grade. Drilling at Makwa is ongoing. Drilling is also continuing at the Company’s Donner Lake Lithium Project located 35 km north. read more

CLEAN AIR METALS ANNOUNCES UPSIZING OF PREVIOUSLY ANNOUNCED BEST EFFORTS PRIVATE PLACEMENT TO $12.5 MILLION

Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (OTCQB: CLRMF) (FRA: CKU) is pleased to report that in connection with its previously announced “best efforts” private placement offering, the Company and a syndicate of agents led by Paradigm Capital Inc. (the “Lead Agent“), and including Beacon Securities Inc., Echelon Wealth Partners Inc., and Hannam & Partners (collectively, the “Agents“), have agreed to increase the size of the offering to total gross proceeds of $12.5 million (“The Offering“).  The Company will now issue (i) 23,150,400 flow-through units (“FT Units“), of which 10,869,600 will be issued at a price of $0.23 per FT Unit (the “FT Issue Price”) and 12,280,800 of which will be issued at a price of $0.285 (the “Premium FT Issue Price”), and (ii) 32,250,000 non-flow-through units (“Units“) at a price of $0.20 per Unit (the “Unit Issue Price“). read more

CLEAN AIR METALS ANNOUNCES $9 MILLION BEST EFFORTS PRIVATE PLACEMENT

Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (OTCQB: CLRMF) (FRA: CKU) is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. on behalf of a syndicate of agents (collectively, the “Agents“), in connection with a “best efforts” private placement financing (the “Offering“) for gross proceeds of up to $9 million, consisting of up to  (i) 17,887,200  flow-through units (“FT Units“) of the Clean Air Metals Inc. (the “Company“), of which 10,869,600 will be issued at a price of $0.23 per FT Unit (the “FT Issue Price”) and  7,017,600 of which will be issued at a price of $0.285 (the “Premium FT Issue Price”), and (ii) 22,500,000 non-flow-through units (“Units“) at a price of $0.20 per Unit (the “Unit Issue Price“). read more

Clean Air Metals Files Preliminary Economic Assessment Technical Report for the Thunder Bay North Property on SEDAR

Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (OTCQB: CLRMF) (FRA: CKU) is pleased to announce that, further to its news release dated December 1, 2021, the Company has filed a technical report detailing the Preliminary Economic Assessment of the Thunder Bay North Project near Thunder Bay, Ontario (the “PEA“). read more

Clean Air Metals Drill Results from the Thunder Bay North Project includes 31.0m averaging 3.9 g/t Pt, 5.1 g/t Pd, 1.7% Cu, 0.63% Ni. 2022 drilling set to restart

Figure 1: 2021 Drill Hole Intercepts in the Escape Lake Deposit Area (CNW Group/Clean Air Metals Inc.)

Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (FRA: CKU) (OTCQB: CLRMF) is pleased to announce new assay results from the 2021 drill campaign from the Escape and Current PGE-Cu-Ni Deposits at the Company’s Thunder Bay North Project near Thunder Bay, Ontario, Canada (the “Project“). Drilling operations are set to resume on January 6, 2022. read more