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METALITE RESOURCES INC - $JNCCF STOCK NEWS

Welcome to our dedicated page for METALITE RESOURCES news (Ticker: $JNCCF), a resource for investors and traders seeking the latest updates and insights on METALITE RESOURCES 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 METALITE RESOURCES'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 METALITE RESOURCES's position in the market.

Rhea-AI Summary
Metalite Resources Inc. subsidiary Next Generation Resources Inc. files for bankruptcy under Section 49 of the Bankruptcy and Insolvency Act (Canada), with a meeting of creditors scheduled for February 27, 2024.
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Metalite Resources Inc. announces a change in auditors and the granting of incentive stock options. The Former Auditor, Crowe MacKay LLP, has been replaced by DNTW Toronto LLP. The Company has also granted 1,150,000 common shares in the capital of the Company as Options, with 900,000 Options granted to certain directors and officers. All Options are fully vested and exercisable for a five-year term at an exercise price of $0.05.
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Metalite Resources Inc. has announced a non-binding letter of intent with Cachee Gold Mines Corp. to acquire an interest in an advanced stage critical metals project located in Ontario. The company's Interim CEO and Director, David Melling, expressed optimism about the acquisition, citing its potential to create shareholder value.
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Metalite Resources Inc. (CSE:METL)(OTC PINK:JNCCF)(Frankfurt:5VHA) announces entering into settlement agreements with certain creditors to issue an aggregate amount of 10,431,813 common shares in the capital of the Company at a deemed issue price of $0.03 per Common Share and 331,800 Common Shares at a deemed issue price of $0.05 per Common Share to settle bona fide debts of the Company in the aggregate amount of $329,544.39.
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Metalite Resources Inc. announces share consolidation effective October 20, 2023.
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881.82%
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Metalite Resources Inc. announces share consolidation at a ratio of 10:1, resulting in a reduction of outstanding common shares from 145,219,150 to approximately 14,521,915. Fractional shares will be rounded down with no cash consideration. The consolidation aims to provide greater flexibility for business development and growth. No change of business or name is associated with the consolidation. Next Gen principal to cancel 12,400,000 common shares. Company terminates VP Exploration's employment.
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Metalite Resources announces resignation of Dale Schultz from board of directors for health reasons.
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Metalite Resources Inc. appoints Mr. Paul L. Jones as Chairman of the board of directors. Mr. Jones has over 40 years of project management and corporate experience in the mineral exploration industry. He replaces David Kol who recently resigned.
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25%
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METALITE RESOURCES INC

OTC:JNCCF

JNCCF Rankings

JNCCF Stock Data

530.46k
14.25M
4.36%
0.04%
Gold
Basic Materials
Link
United States of America
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