Transition Metals Corp.: Transition Metals Issues Stock Options
Transition Metals Corp. (TSXV: XTM) (
Transition )
announces that the Board of Directors have approved the issuance of 2,325,000 stock options to Officers, Directors and Employees of Transition in accordance with its Stock Option Plan. The Options entitle the holder purchase a common share in Transition for $0.155 for a period of 5 years.
About Transition Metals Corp
Transition Metals Corp (TSXV: XTM) is a Canadian-based, multi-commodity project generator that specializes in converting new exploration ideas into Canadian discoveries in Canada. The award-winning team of geoscientists has extensive exploration experience in established, emerging and historic mining camps and actively develops and tests new ideas for discovering mineralization in places that others have not looked, which often allows the company to acquire properties inexpensively. The team is rigorous in its fieldwork and combines traditional techni
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Sudbury, Ontario (Newsfile Corp. - December 15, 2020) -
Transition Metals Corp. (TSXV: XTM) ( Transition , XTM , or the Company ) is pleased to announce that SPC Nickel Corp (
SPC ), formerly Sudbury Platinum Corporation (see SPC press release December 15, 2020), a company that Transition created through the spinout of its Aer-Kidd asset in the Sudbury Basin, has closed an over-subscribed non-brokered private placement which resulted in gross proceeds of $7,823,158 (
the Offering). SPC has filed a preliminary prospectus with the securities regulatory authorities in Ontario, Alberta and British Columbia in connection with an application to list its common shares (the Common Shares ) on the TSX Venture Exchange. The Offering was led by strategic investment partner Dundee Goodman Merchant Partners (DGMP) and the filing of preliminary prospectus by SPC represents a significant milestone in Transition s execution of the Project Generator business model. Transition owns 15,00