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Firestone (OTC:FSVEF) signed a 1-year Memorandum of Understanding with Aurania Resources and RSA to evaluate tailings at the former Balangero asbestos mine (25 km NNW of Turin) for two purposes: 1) test extraction of nickel, cobalt, chromium, iron and copper by Aurania and 2) test ex-situ carbon mineralization by Firestone to neutralize asbestos. RSA estimates ~60 million m3 of serpentinite tailings in a ~250 m pile. Dr. Chiara Boschi will lead laboratory carbonation work; theoretical full conversion could bind ~70–73 million tonnes CO2, but actual capacity depends on mineralogy and lab results. If favourable, parties may negotiate a commercial agreement after the 1-year study.
Firestone Ventures (OTC:FSVEF) warns shareholders that the ongoing Canadian Union of Postal Workers strike may delay delivery of its Meeting Materials for the annual general and special meeting scheduled for October 23, 2025. The company states it mailed the information circular, notice of meeting and proxy materials in accordance with regulatory requirements, but materials may not arrive before the Meeting due to the strike.
The Meeting Materials are filed on SEDAR+ and available at the company website. Shareholders can still vote by proxy: registered shareholders should call the transfer agent at 1-800-564-6253; non-registered shareholders should contact their intermediary. Proxy voting deadline is 11:00 AM EST on October 21, 2025.
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