DNI Metals - Signs Binding Agreement with Korea Graphite to...

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NYyank

22 Posts.

16/01/18

04:05

Post #: 30327101
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Originally posted by usc75 ↑

DNI Release More Drill Results: Share Price Spikes!

Toronto, Ontario--(Newsfile Corp. - January 10, 2018) - DNI Metals Inc. (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company")

Highlights

VHTDD017: 12.90m @ 4.71% GC; from 3.20m (incl. 5.40m @ 7.44% GC; from 10.70m)

VHTDD014: 11.25m @ 5.38% GC; from 38.64m (incl. 3.46m @ 7.42%GC; from 43.54m);

http://www.stockhouse.com/news/pres...4-of-28-diamond-core-holes-received-including

Note: What's disturbing for CGM shareholders is DNI states: "Receipt of the third and fourth batches of drilling assay results from its recent diamond core drilling programme at DNIs 100%-owned Vohitsara Graphite Project in Madagascar..."

So, for CGM it's back to Court Cases, Litigation, Arbitration possibly Negotiation.

The "Possibly" Outstanding News for CGM Shareholders: "All the aforementioned drill and trench samples from the 2017 Vohitsara drilling programme are at the Laboratory and further results are expected in the near term."

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DNI Metals - Signs Binding Agreement with Korea Graphite to Supply Flake Graphite for Korean End Users Subject to Korea Graphite Finalising Offtake Agreements with Korean End Users
C.DNI | 1 hour ago

Toronto, Ontario--(Newsfile Corp. - January 15, 2018) - DNI Metals Inc. (CSE: DNI) (OTC Pink: DMNK) (FSE: DG7N) ("DNI" or the "Company") has signed a binding supply letter agreement ("Binding Supply Agreement"), with Korea Graphite Co. Ltd ("Korea Graphite" or "KGL") a 100% owned subsidiary of Peninsula Mines Ltd ("Peninsula", ASXSM), that includes a commitment by DNI to supply up to 24,000 tonnes per year of flake graphite to Korea Graphite, subject to Korea Graphite finalising offtake agreements with Korean end users commencing Q4, 2018.

Read more at http://www.stockhouse.com/news/pres...-to-supply-flake-graphite#wqOK9ZtE1ts5Qs84.99
CGM Price at posting: 1.3¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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