Here is the last updates on 30 of May from BMR:
- IPO process well-advanced; BMO Nesbitt Burns ('BMO Capital Markets') appointed lead underwriter to a global banking syndicate.
- Yorktown Partners, through its investee companies, invests C$19M in BMR.
- Process facility and cobalt supply agreement signed with ESI Energy Services.
- Maiden cobalt resource declared at McAra.
- C$12M exploration and development expenditure planned for the next 6 months:
1. Maiden drilling programs commenced at Iron Mast(Ontario Cobalt) and Panamint (California Lithium);2. Drilling planned at McAra, Island 27, Growganda tailings and abre.
- George Pirie, Canadian-based, broadly experienced international mining executive appointed to Board o Directors; further appointments imminent.
- Expanded technical team with key appointments to the land management, geological and metallurgical team.
- Presentations to potential investors in Europe and North America.
For Tony, I think Dr. Tunks had mentioned that Tony was working on a part-time basis with $MEI
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Here is the last updates on 30 of May from BMR: IPO process...
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