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BeMetals Corp : BeMetals Completes Acquisitions in Japan and $7 5M Investment from B2Gold
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BeMetals Returns Further Positive Drilling Results from Pangeni Copper Project
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BeMetals Corp.: BeMetals Returns Further Positive Drilling Results from Pangeni Copper Project
BeMetals Corp.
(TSXV:BMET)(OTCQB:BMTLF)(Frankfurt:1OI.F) (the Company or BeMetals) is pleased to announce it has received encouraging exploration drilling results from its 2020 field program at the Pangeni Copper Project ( Pangeni or the Project or the Property ) in Zambia. The laboratory results from the 2020 drilling campaign highlight both the compelling focused exploration potential at the D-Prospect and generated additional priority targets for testing during this year s field program.
The Pangeni Project is located on the prospective western extension of the Central African Copperbelt in Zambia (the Zambian Copperbelt ) where copper mineralization discovered on the Property is covered by a thin veneer of Kalahari sand.
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VANCOUVER, BC / ACCESSWIRE / February 17, 2021 / BeMetals Corp.
(TSXV:BMET)(OTCQB:BMTLF)(Frankfurt:1OI.F) (the Company or BeMetals) is pleased to announce that it has signed an Amalgamation Agreement (the Agreement )
to acquire privately owned Kronk Resources Inc. ( Kronk ) and its wholly owned subsidiary Kazan Resources ( Kazan ), which holds the rights to a highly prospective portfolio of advanced and early stage gold exploration projects in Japan (the Transaction ).
See Figure 1 for project locations in Japan. In addition, BeMetals is pleased to announce a non-brokered private placement of $7.5 million (the Offering ) through the issuance of approximately 17.05 million shares of BeMetals at $0.44 per share to senior gold producer and new strategic investor, B2Gold Corp. (TSX: BTO, NYSE American: BTG, NSX: B2G) ( B2Gold ), subject to successful closing of the Transaction. B2Gold is an existing shareholder of Kronk, owning approximately 15.4 million shares of the com
BeMetals Enters the Gold Sector with Acquisitions in Japan and Announces B2Gold as New Strategic Investor
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