Clean Air Metals Inc. (CLRMF)
Clean Air Metals Starts Winter Drilling at the Current Deposit
THUNDER BAY, ON / ACCESSWIRE / January 7, 2025 / Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSX.V:AIR)(FRA:CKU)(OTCQB:CLRMF) is pleased to announce that a 2000-metre drilling program at its Thunder Bay North Critical Minerals ("TBN") project (the ‘Project') will commence next week. Twelve holes (Figure 1) are planned to target near-surface high-grade zones at the Current deposit ("Current"), including new targets identified from recent geophysical models (see October 30, 2024 news release).
Clean Air Metals Closes Flow-Through Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES THUNDER BAY, ON / ACCESSWIRE / December 20, 2024 / Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSXV:AIR)(OTCQB:CLRMF)(FRA:CKU) announces that it has closed a non-brokered private placement (the "FT Private Placement") for gross proceeds of $1,096,080 through the issuance of 18,268,000 common share of the Company that qualifies as a flow-through share (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the "FT Shares") at a price of$0.06 per FT Share (the "Offering"). The gross proceeds of the FT Shares will be used to incur eligible "Canadian exploration expenses" that will qualify as "flow-through mining expenditures" as such terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") related to the Company's projects in Ontario.
Clean Air Metals Files Interim Financial Statements for the Nine Months Ended October 31, 2024
THUNDER BAY, ON / ACCESSWIRE / December 19, 2024 / 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, 2024, available for viewing on www.sedarplus.ca. Financial Highlights Total assets as at October 31, 2024 of $37,234,144 Total cash as at October 31, 2024 of $3,121,173 Working capital as at October 31, 2024 of $212,518 Shareholder's equity as at October 31, 2024 of $33,555,754 Mike Garbutt, CEO of the Company, commented, "The third quarter marked a period where we activated a drill program to expand on higher grade pods at the Current deposit, and outlined a revised development path for the asset as a high-grade, low tonnage project.
Clean Air Metals Announces Positive Results from Innovative Seismic Survey at the Escape Deposit Down-Plunge Extension
THUNDER BAY, ON / ACCESSWIRE / November 21, 2024 / Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSXV:AIR)(FRA:CKU)(OTCQB:CLRMF) is pleased to announce the results of its Ambient Noise Tomography ("ANT") Survey conducted over the Escape conduit during the summer of 2024. The survey corroborated a potential one-kilometer down-plunge extension of the deposit.
Clean Air Metals Reports 50.7 m Grading 4.52 g/t Pt, 4.38 g/t Pd, 0.99% Cu and 0.53% Ni in Latest Near Surface High-Grade Drilling Results
THUNDER BAY, ON / ACCESSWIRE / October 3, 2024 / Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSXV:AIR)(FRA:CKU)(OTCQB:CLRMF) is pleased to announce additional high-grade drilling results from the Current deposit at its 100%-owned Thunder Bay North Critical Minerals Project ("TBN"). Assay highlights include: 50.7 m of 4.52 g/t Pt, 4.38 g/t Pd, 0.99% Cu and 0.53% Ni(13.74 g/t Pt.eq1; 4.36% Cu.eq2) from 82.0 m downhole in Hole CL24-010, including 6.35 g/t Pt, 6.10 g/t Pd, 1.32% Cu and 0.69% Ni over 30.7 m from 102 m, 38.4 m of 3.38g/t Pt, 3.26g/t Pd, 0.72% Cu and 0.45% Ni (10.32 g/t Pt.eq1; 3.27% Cu.eq2) from 153 mdownhole in Hole CL24-005, including 13.2 m of 8.39g/t Pt, 8.09 g/t Pd, 1.75% Cu, 0.95% Ni from 178.2 m.
Clean Air Metals Files Interim Financial Statements for the Six Months Ended July 31, 2024
THUNDER BAY, ON / ACCESSWIRE / September 30, 2024 / 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 six-month period ended July 31, 2024, available for viewing on www.sedarplus.ca. Financial Highlights Total assets as at July 31, 2024 of $37,635,700 Total cash as at July 31, 2024 of $4,194,919 Working capital as at July 31, 2024 of $922,959 Shareholder's equity as at July 31, 2024 of $33,677,958 Mike Garbutt, CEO of the Company, commented, "We are comfortable with our current financial position for project development activities through the end of 2025 and we look forward to meaningful progress over this period.
Clean Air Metals Intersects 51.79 m Grading 4.92 g/t Pt, 4.66 g/t Pd, 1.07% Cu and 0.55% Ni Expanding the Near-Surface High-Grade Mineralization at the Thunder Bay North Project
THUNDER BAY, ON / ACCESSWIRE / September 10, 2024 / Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSXV:AIR)(FRA:CKU)(OTCQB:CLRMF) is pleased to announce assay results from the first two (2) holes drilled this summer at its 100%-owned Thunder Bay North Critical Minerals Project ("TBN"). Assay highlights include: 51.79 m of 4.92 g/t Pt, 4.66 g/t Pd, 1.07% Cu and 0.55% Ni from 86 m downhole in Hole CL24-001, including 11.51 g/t Pt, 10.64 g/t Pd, 2.61% Cu and 1.25% Ni over 9.29 m from 128 m, and 25.82 g/t Pt, 24.50 g/t Pd, 6.94% Cu and 3.87 % Ni over 0.97 m from 136.3 m (Massive Sulphides).
Clean Air Metals Announces Drilling Program at Thunder Bay North
THUNDER BAY, ON / ACCESSWIRE / August 6, 2024 / Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSXV:AIR)(FRA:CKU)(OTCQB:CLRMF) is pleased to announce an upcoming 1,600-metre drilling program at its Thunder Bay North Critical Minerals ("TBN") project (the ‘Project') (14.0 Mt Indicated resource 1.31g/t Pt, 1.37g/t Pd, 0.41% Cu, 0.25% Ni - NI 43-101 dated June 19, 2023 ). The program is comprised of up to ten short holes (100 to 185 metres in depth) that will target near-surface high-grade zones within the Current deposit to better define their lateral continuity and tonnage potential.
Clean Air Metals Grants Stock Options
THUNDER BAY, ON / ACCESSWIRE / July 9, 2024 / Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSXV:AIR)(FRA:CKU)(OTCQB:CLRMF) announces that it has granted an aggregate of 2,000,000 incentive stock options to certain officers, employees and consultants of the Company, subject to regulatory approval. The stock options are exercisable at $0.055 for a period of 5 years from the grant date and subject to vesting terms.
Clean Air Metals Announces Planned CEO Transition and Files Audited Annual Financial Statements
THUNDER BAY, ON / ACCESSWIRE / May 30, 2024 / Clean Air Metals Inc. ("Clean Air Metals," "Clean Air" or the "Company") (TSXV:AIR);(OTCQB:CLRMF);(FRA:CKU) is pleased to announce the appointment of Mike Garbutt as its new President and Chief Executive Officer (CEO) effective July 1, 2024. Mr. Garbutt, a seasoned mining professional with a record of success, has significantly contributed to the Company's strategic vision and development as COO over the past few years.
