Welcome to our dedicated page for Cleghorn news (Ticker: CLGMF), a resource for investors and traders seeking the latest updates and insights on Cleghorn stock.
Cleghorn Minerals Ltd. reports exploration and governance developments for a mineral exploration company focused on properties in northeastern Ontario's Abitibi Greenstone Belt. Company updates include work on the 100%-owned Meech Lake - Matachewan Prospect, including surface channel sampling and mapping tied to nickel-copper-PGE and gold-silver-zinc mineralization.
Recurring news also covers exploration agreements with First Nations, consultation and impact-mitigation arrangements, annual shareholder meeting results, board committee matters, auditor appointments, stock option incentive plan activity, and related capital-structure disclosures.
Cleghorn Minerals (CLGMF) announced the acquisition by staking of 73 claims covering 4,156 hectares in NTS Map Sheet 22A/11, forming the Rocco Copper Prospect in the Gaspé peninsula of eastern Quebec. The property lies about 100 km from Port-Daniel and Murdochville, with road access via forestry roads.
The claims were acquired for their geological potential, which management considers prospective for a porphyry copper-skarn system. The prospect comprises Ordovician and Devonian sedimentary units cut by porphyry dykes of the Lemieux intrusive suite, described as geologically similar to the environment of the historic Gaspé Copper Mountain Mine. No formal mineral occurrences are recorded on the property, though historical reports mention malachite and other copper minerals nearby.
Cleghorn plans a compilation of historical geology, geochemistry and geophysics, followed by an inaugural field prospecting program in fall 2026, to be executed by IOS Geosciences. Cleghorn now holds a 100% interest in both the Meech Lake-Matachewan Prospect in Ontario and the newly acquired Rocco Copper Prospect in Quebec.
Cleghorn Minerals (TSXV:CZZ) closed a non-brokered private placement on July 17, 2026, raising gross proceeds of $524,400 through the issuance of 8,740,000 Units at $0.06 per Unit. Each Unit includes one common share and one non-transferable warrant exercisable at $0.10 until July 17, 2029.
The Offering was oversubscribed by 2,073,333 Units, adding $124,399.98 to the previously announced amount. Two insiders subscribed for $149,500.02, relying on Multilateral Instrument 61-101 exemptions. No finder's fees were paid. All securities are subject to a hold period until November 18, 2026. Proceeds will be used for general corporate purposes.
Cleghorn Minerals (CLGMF) signed an Exploration Agreement dated October 15, 2025 with Matachewan First Nation and Mattagami First Nation (Wabun Tribal Council) covering the company's operational areas in northeastern Ontario's Abitibi Greenstone Belt.
The agreement outlines consultation, impact mitigation, and community benefits including contracts, jobs, and training during exploration. Subject to TSX Venture Exchange approval, Cleghorn will issue 50,000 common shares and 50,000 incentive options to each First Nation (options exercisable at $0.06 for five years). The agreement remains until an Impact Benefit Agreement is concluded. A signing ceremony in Timmins will be scheduled.
Cleghorn Minerals (OTC:CLGMF) announced a reduction in incentive stock options granted to Adelaide Capital Markets from 100,000 to 64,800 options.
The options are exercisable at $0.05 per share and expire on October 10, 2030. The change was made to comply with TSX Venture Exchange policies and will be documented in a stock option agreement between the company and the consultant.
Contact: Glenn J. Mullan; note that the TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the adequacy or accuracy of this release.
Cleghorn (CLGMF) retained Adelaide Capital for investor relations and capital markets advisory services effective October 10, 2025. The engagement is a 12-month investor relations agreement with a monthly fee of up to C$3,000 plus a grant of 100,000 stock options under the company's option plan.
The Options carry an exercise price of C$0.05, expire five years from issuance, and vest in four equal portions every three months over 12 months. The agreement is subject to TSX Venture Exchange approval. Adelaide is arm's length, principally owned by Deborah Honig, and holds no current interest in Cleghorn securities.
Cleghorn Minerals (OTC:CLGMF) reported results of its annual general and special meeting held on October 3, 2025 in Val-d'Or and by conference call. Shareholders re-elected four incumbent directors: Joseph Groia, Glenn J. Mullan, Karen Rees and Christian Wirth. The meeting also approved amendments to the company's 10% rolling stock option incentive plan and appointed Raymond Chabot Grant Thornton LLP as auditor.
Following the meeting the board reconstituted key committees and reappointed officers, naming Glenn J. Mullan as president and CEO and Isabelle Gauthier as CFO and corporate secretary. The board granted incentive stock options to directors, officers and consultants for an aggregate of 970,000 common shares at an exercise price of $0.05 per share with a five-year term.
Cleghorn Minerals has reported significant channel sampling results from its Meech Lake - Matachewan Prospect in northeastern Ontario. The Phase II exploration program revealed notable findings at three main mineralized zones:
At the Kell's Showing, samples yielded 4.91% copper, 1.35% nickel, 1.53 ppm platinum and 4.49 ppm palladium over 0.5 metres. The Waterhole Showing produced 2.08 ppm Gold, 5.2 ppm Silver & 1.08% Zinc over 0.7 metres. The exploration confirmed two separate mineralized systems: the Kell's Ni-Cu-PGE Showing and the Waterhole Au-Ag-Zn Showing, defined over 45 metres and 370 metres respectively.
Cleghorn Minerals (TSXV: CZZ) held its annual general and special meeting on October 18, 2024, in Val-d'Or, Québec. Shareholders re-elected four incumbent directors and appointed Raymond Chabot Grant Thornton LLP as the company's auditor. The 10% rolling stock option incentive plan was re-approved. Shareholders also approved the creation of Glenn J. Mullan and Joseph Groia as Control Persons, subject to TSX Venture Exchange policies.
The company's articles were altered to include mandatory procedures for director nominations. Following the meeting, the Board reconstituted its committees and reappointed officers. Glenn J. Mullan was reappointed as President and CEO, while Isabelle Gauthier was named CFO and Corporate Secretary. The Board granted 950,000 incentive stock options to directors, officers, and consultants at $0.05 per share for a 5-year period.
Summary not available.