Perseverance Metals Completes Oversubscribed $4.6M Financing and Launches $3.0M Go-Public Financing
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2025) - Perseverance Metals Inc. ("Perseverance" or the "Company") is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") for aggregate gross proceeds of $4,618,869* - oversubscribed by over $1,600,000.The Private Placement is the first of the Company's two go-public financings and included pro-rata or increased strategic investments from existing shareholders Teck Resources Limited ("Teck"), a leading Canadian resource company, and Crescat Capital, a global macro asset management...
2025-06-26 7:30 AM EDT
Perseverance Metals Announces New Critical Mineral Discoveries from the Lac Gayot Nickel-Copper-PGE Project, Quebec
Vancouver, British Columbia--(Newsfile Corp. - October 29, 2024) - Perseverance Metals Inc. ("Perseverance" or the "Company") is pleased to provide additional results from the summer 2024 exploration program at the Lac Gayot nickel-copper-PGE project, Québec.Nickel-Copper-PGE Highlights:Up to 1.54% nickel (1.89% NiEq*1) in surface bedrock samples at the new Macaque discovery located ~1,500 metres northeast (see Figure 1 below) of the Company's Nasique nickel discovery (1.82% NiEq over 5.1 metres; see Company NR Sept 19, 2024) within the Upper Komatiite sequence.
2024-10-29 7:30 AM EDT
Perseverance Metals Discovers New Nickel Zone, Yields 1.82% NiEq over 5.1 Meters at Lac Gayot Project, Quebec, Canada
Vancouver, British Columbia--(Newsfile Corp. - September 19, 2024) - Perseverance Metals Inc. ("Perseverance" or the "Company") is pleased to announce results from the 2024 field season at the Lac Gayot project, Quebec. Highlights:New nickel zone discovered - the Nasique showing. First nickel sulphide showing ever discovered in the upper volcanic series, opening the entire +20km package of ultramafic volcanic strata for additional discovery (Figures 1 & 2). The first drill hole into this showing yielded: 1.61% Ni, 0.11% Cu and...
2024-09-19 7:30 AM EDT
Perseverance Metals Completes C$1.8M Private Placement; Exploration Program in Full Swing at Lac Gayot, Québec
Vancouver, British Columbia--(Newsfile Corp. - August 7, 2024) - Perseverance Metals Inc. ("Perseverance" or the "Company") is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") for aggregate gross proceeds of C$1,822,235. The Private Placement included pro rata strategic investments from Teck Resources Limited ("Teck"), a leading Canadian resource company, and from SIDEX, LP ("SIDEX"), a resource-focused fund in Québec.The Private Placement was comprised of 667,104 common shares of the Company (the "Hard Dollar Shares")...
2024-08-07 7:30 AM EDT
Perseverance Metals Strengthens Its Board of Directors, Management and Advisory Teams with the Addition of Directors Filip Papich & Edie Thome, CFO Anil Jiwani, and Advisor Darwin Green
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2024) - Perseverance Metals Inc. ("Perseverance" or the "Company") is pleased to announce that it appointed: i) Filip Papich and Edie Thome to its Board of Directors; ii) Anil Jiwani as Chief Financial Officer, and iii) Darwin Green as an Advisor to the Company.Michael Gray, Chairman of Perseverance, commented, "We are very pleased to welcome Filip Papich and Edie Thome to the Perseverance Board as new Independent Directors. They bring strong financial and...
2024-05-13 7:15 AM EDT
Perseverance Metals Completes C$2.8M First Tranche of Private Placement, including a 9.9% Strategic Investment from a Major Canadian Mining Company
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2023) - Perseverance Metals Inc. ("Perseverance" or the "Company") is pleased to announce that it has closed the first tranche (the "First Tranche") of its non-brokered private placement (the "Private Placement") for aggregate gross proceeds of C$2,848,066. The First Tranche included a 9.9% strategic investment from Teck Resources Limited (TSX: TECK.A) (TSX: TECK.B) (NYSE: TECK) ("Teck"), one of Canada's leading mining companies, and significant investments from two prominent resource-focused funds in Québec: SIDEX,...
2023-11-28 7:15 AM EST
Perseverance Metals Enters into Option Agreement with Altius Minerals and Bitterroot Resources to Acquire the Voyageur Nickel Project in Michigan, USA
Vancouver, British Columbia--(Newsfile Corp. - August 1, 2023) - Perseverance Metals Inc. ("Perseverance" or the "Company") is pleased to announce that it has entered into a purchase option agreement (the "Option Agreement") with Altius Minerals Corp. ("Altius", 50.1% owners) and Bitterroot Resources Ltd. ("Bitterroot", 49.9% owners) to acquire a 100% interest in the 680 square kilometre (260 square mile) Voyageur nickel-copper-cobalt-PGM Project (the "Voyageur Project") in the Upper Peninsula of Michigan, approximately 65 kilometres west of Lundin Mining's Eagle nickel-copper-cobalt-PGM...
2023-08-01 7:15 AM EDT