Welcome to our dedicated page for Envirometal Technologies news (Ticker: EVLLF), a resource for investors and traders seeking the latest updates and insights on Envirometal Technologies stock.
EnviroMetal Technologies Inc (EVLLF) pioneers sustainable precious metal recovery solutions for modern mining operations. This dedicated news hub provides investors and industry professionals with essential updates on corporate developments, technological advancements, and strategic initiatives.
Access authoritative coverage of EVLLF's proprietary non-cyanide extraction processes, including operational milestones, partnership announcements, and environmental compliance achievements. Our curated news collection features:
• Technology Implementation Updates
• Strategic Corporate Partnerships
• Environmental Certification Milestones
• Operational Efficiency Reports
Bookmark this page for real-time access to verified press releases and objective analysis of EVLLF's water-based metal recovery solutions. Stay informed about developments shaping the future of sustainable mineral extraction technologies.
EnviroMetal Technologies announced several management and board changes effective June 1, 2024. Jason Leikam, previously VP Business Development, has been appointed CFO, replacing Nathalie Pillon who resigned in January 2023. Additionally, board members Court Anderson and Alexander Ruckdaeschel have resigned. EnviroMetal specializes in non-cyanide, water-based metal recovery technologies for the gold mining sector, aiming to reduce both operational costs and environmental impact.
EnviroMetal Technologies Inc. (CSE:ETI)(OTCQB:EVLLF) announced new test results showcasing the economic advantages of its patented, cyanide-free gold recovery process. Recent bulk tests revealed that gold grades from the EnviroMetal Process exceeded standard assay estimates by up to 43 grams per tonne. Key findings indicated:
- Gold recovered was 58 grams more than purchased from a 1,671 kg sample.
- Final calculated gold grade reached 485 gpt, compared to an assayed grade of 450 gpt.
- This indicates a potential revenue increase of around US$2,100 to US$2,550 per tonne.
The results highlight the risks of relying on conventional assay methods and underscore the need for miners to adopt the EnviroMetal Process.
EnviroMetal Technologies Inc. (CSE:ETI, OTCQB:EVLLF, FSE:7N2) has announced an agreement with Jemini Capital for strategic investor relations and financial communications services. Jemini, a merchant bank with experience in natural resources and tech sectors, will receive a monthly fee of $3,000 and stock options for 200,000 shares at $0.15 each, subject to vesting and regulatory approval. Additionally, the company issued convertible notes totaling CA$215,200 at 12% interest, maturing in 120 days. If an equity financing occurs before maturity, notes convert to equity; if not, they convert to units at maturity, including common shares and warrants.