Welcome to our dedicated page for Eureka Lithium news (Ticker: UREKF), a resource for investors and traders seeking the latest updates and insights on Eureka Lithium stock.
Eureka Lithium Corp. reports on critical minerals exploration projects in Canada, including the Cabin Lake polymetallic silver-lead-zinc-gold project in British Columbia and the Tyee Titanium-Vanadium project in Quebec. Company updates include technical reporting under NI 43-101, exploration portfolio changes, and mineral-claim disclosure for the Nunavik project areas.
Recurring news also covers Eureka's capital structure and governance, including LIFE offering and private placement financings, warrant and share issuances, debt settlements, leadership appointments, material change reporting, and securities-regulator disclosure clarifications.
Eureka Lithium (OTCQB: UREKF) plans to change its name to Eureka Metals Corp., reflecting a strategy expanding beyond lithium. The shift aligns with its acquisition of Stairway Mining, adding the Tyee Titanium and Cabin Lake polymetallic projects. Shares keep existing symbols; new CUSIP/ISIN are 298601105/CA2986011054.
Eureka Lithium Corp (OTCQB: UREKF) filed an NI 43-101 Technical Report for its Cabin Lake polymetallic project in the Omineca Mining District, British Columbia, effective May 5, 2026. Jeremy Hanson, P.Geo., authored the independent report as the Qualified Person.
The report reviews geology, historical exploration, and recommends future work programs. Eureka holds an option to acquire a 100% interest in the Cabin Lake project, which has access to infrastructure. A copy is available on SEDAR+.
Eureka Lithium (OTCQB: UREKF / CSE: ERKA) closed an oversubscribed non-brokered financing on April 27, 2026, raising approximately $6.3 million through a LIFE Offering and two concurrent private placements.
The LIFE Offering issued 5,899,501 units at $0.42 per unit; concurrent non-FT and FT offerings issued 4,515,243 units at $0.42 and 3,954,981 FT units at $0.48. Proceeds are earmarked for exploration in British Columbia and Quebec and for general corporate purposes.
Eureka Lithium (OTCQB: UREKF) filed an amended LIFE offering document effective April 21, 2026, upsizing the LIFE Offering to $2,500,000. The non-brokered LIFE Offering permits up to 5,952,380 units at $0.42 each, each unit containing one share and one warrant exercisable at $0.50 for 24 months.
The company also plans two concurrent non-brokered placements: up to $2,000,000 of Concurrent Private Placement Units at $0.42, and up to $2,000,000 of flow-through FT Units at $0.48 with FT warrants exercisable at $0.60 for 24 months.
Eureka Lithium (OTCQB: UREKF) appointed Danny Matthews as Chief Executive Officer and director effective April 20, 2026. The move follows Eureka's acquisition of the Stairway assets and signals a focus on disciplined exploration and advancing multiple prospective projects.
Matthews brings capital-markets, merchant-banking and securities-law experience, and has led early-stage resource companies including Stairway Mining Corp., which was recently acquired by Eureka.
Eureka Lithium (OTCQB: UREKF) clarifies that, following a BCSC review, it allowed approximately 3,?500 mineral claims across Nunavik projects to lapse and now retains about 158 Remaining Claims. The company said the cost to renew lapsed claims would have been $680,570, and renewing Remaining Claims would cost $26,544.
Eureka filed amended material change and MD&A reports and reminded investors it recently acquired 100% interests in the Cabin Lake and Tyee projects.
Eureka Lithium (OTCQB: UREKF) completed acquisition of 100% of Stairway Mining, securing the Cabin Lake polymetallic project (approx. 2,363 hectares, BC) and the Tyee titanium-vanadium project (approx. 10,136 hectares, Quebec).
Eureka issued 9,100,000 common shares as consideration and agreed a pro rata contingent cash Milestone Payment of CAD $1,000,000 payable if three technical milestones are met within set timelines. Consideration shares carry a four-month-and-one-day hold.
Eureka Lithium Corp (OTCQB: UREKF) has announced multiple debt settlement agreements totaling $145,200. The company will settle these debts through the issuance of common shares at $0.1425 per share. The settlements include:
- First Debt Settlement: $99,450 to be settled through 697,894 shares
- Second Debt Settlement: $30,000 to be settled through 210,526 shares
- Third Debt Settlement: $15,750 with CEO David Bowen through 110,526 shares
The third settlement qualifies as a related party transaction but is exempt from formal valuation and minority shareholder approval requirements under MI 61-101.
Eureka Lithium Corp has completed two private placements: a flow-through offering raising $150,040 through the issuance of 682,000 shares at $0.22 per share, and a non-flow-through placement of 100,000 units at $0.15 per unit. For the flow-through placement, the company paid $9,002.40 in finder's fees and issued 40,920 finder's warrants exercisable at $0.22 until December 27, 2026. The non-flow-through units include one common share and one warrant exercisable at $0.205 for 24 months. The flow-through proceeds will be used for Canadian exploration expenses, which will be renounced to subscribers under the Income Tax Act.
Eureka Lithium Corp (CSE: ERKA) (OTCQB: SCMCF) has announced a non-brokered private placement of up to 1,363,636 flow-through common shares at $0.22 per share, aiming to raise approximately $300,000 in gross proceeds. The closing is expected around December 27, 2024, subject to regulatory approvals.
The proceeds will be used to advance the Company's Raglan West, Raglan South and New Leaf Camps. The flow-through shares will have a four-month and one-day hold period from issuance. Finders' fees may be paid to eligible arm's length persons for certain subscriptions.