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CMC Metals Ltd. - $CMCXF STOCK NEWS

Welcome to our dedicated page for CMC Metals Ltd. news (Ticker: $CMCXF), a resource for investors and traders seeking the latest updates and insights on CMC Metals Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CMC Metals Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CMC Metals Ltd.'s position in the market.

News
CMC Announces Changes in Board of Directors
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CMC Metals Ltd. announces change in Board of Directors
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CMC Metals Ltd. Provides Update on Its 2023 Exploration Results in the Rancheria Silver District
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CMC Metals Ltd. provides review of exploration activities in Rancheria Silver District, Yukon and British Columbia. Focus was on Silverknife Property, with 11 drill holes completed. Cassiar granite and Kechika limestone encountered. Assay results expected in 6-8 weeks. Company purchased industrial camp to support future exploration efforts. Evaluation report for Silver Hart property expected in 4-6 months. Warrants issued to placees are transferable.
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-12.5%
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CMC Sells it Subsidiary Company 0877887 BC Ltd. Including the Bishop Mill To 1436132 B.C. Ltd.
Rhea-AI Summary
CMC Metals Ltd. has entered into a share purchase agreement to sell its subsidiary company 0877887 BC Ltd. and the Bishop Mill for a total consideration of US$270,000 in cash and CAD$600,000 in shares or cash equivalent. The sale is subject to a 30-day due diligence period. The primary asset of 087 BC is the Bishop Mill, which has a flotation circuit designed to process up to 96 tons per day. The buyer, 1436132 B.C. Ltd., plans to operate the mill in the near to medium term. The sale is subject to TSX Venture Exchange approval.
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CMC Closes Private Placement – Raises $364,450
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CMC Metals Ltd. has filed for TSX Venture Exchange approval to close a financing round for $364,450. The company will issue 1,330,833 flow-through units at 12 cents and 2,047,500 non-flow-through units at 10 cents. Insiders are subscribing for a total of $61,200. The net proceeds will be used for exploration and general working capital.
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CMC to Close Second Tranche in Ten Days and Announces Resignation of Director
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CMC Metals Ltd. to close second tranche of financing on September 15th, raising up to C$500,000. First tranche closed for $214,250. Resignation of Mr. Kristian Whitehead from Board of Directors.
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CMC Seeks Approval of First Tranche - $214,250 Raised
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CMC Metals Ltd. files for approval to close first tranche of financing for $214,250. Participation from insiders. Proceeds to fund exploration program and working capital.
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CMC Adjusts Terms of Private Placement Units to Raise C$500,000
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CMC Metals Ltd. is repricing its non-brokered private placement to raise C$500,000. The new terms include selling flow-through units at C$0.12 per share and non-flow-through units at C$0.10 per share. Each unit will also include one-half of one transferrable non-flow-through share purchase warrant. The proceeds will be used for exploration programs and general working capital.
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CMC Metals Ltd. Identifies Gravity Anomalies at the Silverknife Prospect Area within its Silverknife Property, Northern British Columbia
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CMC Announces Terms Private Placement Units to Raise C$750,000
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CMC Metals Ltd. announces the terms of its proposed non-brokered private placement, aiming to raise up to C$750,000. The offering includes flow-through units priced at C$0.15 per unit and non-flow-through units priced at C$0.13 per unit. The proceeds from the sale of flow-through units will be used for Canadian exploration expenses, while the net proceeds from the sale of non-flow-through units will fund the company's exploration program and general working capital.
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CMC Metals Ltd. Intersects Mineralization at its Silverknife Property, North-central British Columbia and Provides Exploration Update
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CMC Metals Ltd.

OTC:CMCXF

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CMCXF Stock Data

4.96M
140.52M
4.03%
Crushed and Broken Limestone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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