Welcome to our dedicated page for Lodestar Metals news (Ticker: SVTNF), a resource for investors and traders seeking the latest updates and insights on Lodestar Metals stock.
Lodestar Metals Corp. is a Canadian junior gold exploration company focused on the Gold Run Project in Nevada, a drill-ready property described by the company as located on a major Carlin-style gold trend. Company news centers on exploration work at Gold Run, including drill permitting, reverse-circulation drilling, target definition, historical gold-silver data, and mineral-property agreements such as the Black Diamond mining patent. Updates also cover non-brokered private placements, common-share and warrant units, use of proceeds for drilling and working capital, board changes, and stock-option grants.
Lodestar Battery Metals (TSXV: LSTR) (OTCQB: SVTNF) has appointed David W. Christie, P. Geo., as Strategic Advisor. Christie brings 38 years of experience in mining and finance, with a track record of successful company creation, acquisitions, and financing. His notable achievements include leading Orford Mining Corp to a 134% premium acquisition and facilitating a five-way merger for Eagle Hill Exploration Corp at a 258% premium.
The company has granted Christie options to purchase 400,000 common shares at $0.05 per share, fully vested with a five-year expiration. Additionally, Lodestar plans to change its name to 'Lodestar Metals Corp.' to better reflect its focus on base and precious metals properties, subject to TSX Venture Exchange approval.
Lodestar Battery Metals (TSXV: LSTR, OTCQB: SVTNF) has appointed Kyle Appleby as its new Chief Financial Officer, succeeding Killian Ruby. Appleby brings over 20 years of extensive experience in financial reporting, IPOs, fundraising, and corporate governance.
Additionally, Scott Margach has resigned as Executive Vice President but will remain as an independent director. Gary Prihar and Killian Ruby have also resigned as directors, leaving the board with three members: Lowell Kamin, Scott Margach, and Leo Horn, with Margach and Horn being independent.
The company has also granted options to purchase 800,000 common shares at $0.05 per share, fully vested and expiring in five years.
Lodestar Battery Metals (TSXV: LSTR, OTCQB: SVTNF) has provided a corporate update highlighting its upcoming exploration plans, grant receipts, and a new investor relations agreement.
The company plans an electromagnetic geophysical survey on its Peny Property, adjacent to Hudbay's BUR zone, which contains significant mineralization. The survey is set for summer 2024.
Lodestar received a $61,862 grant payment from the Manitoba Mineral Development Fund to support its exploration work.
It also engaged Grant Galloway for investor relations services at $25,000 per month for three months. The agreement can be terminated by either party under specific conditions.
Qualified Person Ty Magee has verified the scientific and technical details in the release.
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