Cullinan Metals Corp V.CMT

Primary Symbol: C.CMT Alternate Symbol(s): CMTNF

Cullinan Metals Corp. is a Canadian mining and exploration company focused on the development of energy metals. The Company is focused on energy resources, such as copper, graphite and lithium assets. Its projects include Smiley Lithium Project, Lac-Des-Iles West Graphite Project and Wakeman Lake Lithium Project. The Smiley Lithium Property consists of around five mining claims comprising approximately 1,902 hectares located 55 kilometers (km) north of Thunder Bay, Ontario. The Smiley Lake Lithium property is located in northwestern Ontario where numerous lithium deposits have been delineated to host significant reserves of lithium oxide (Li2O). The Lac-Des-Iles West Graphite Project consists of around 43 mineral claims in one contiguous block covering approximately 2276 hectares land, near the town of Mont-Laurier in southern Quebec. The highly prospective Wakeman Lake Lithium Project covers approximately 7,900 acres and is located in Northwestern Ontario.

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Cullinan Metals Corp > Empower

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Comment by 7Twiggyon Feb 17, 2021 5:30pm

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Post# 32588273

RE:RE:RE:RE:Empower

From the November 2020 MD&A. Are these the Empower lendings? Could be better than a bought deal.

FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (CONTINUED) Fair value of financial instruments (Continued) The following is an analysis of the Company’s financial assets measured at fair value as at and September 30, 2020 and 2019: As at September 30, 2020 Level 1 Level 2 Level 3 Cash $ 226,308 - - Convertible debenture receivable - $ 29,210,671 - Derivative liability - - $ 9,491,171 Investments - - $ 67,600 As at December 31, 2019 Level 1 Level 2 Level 3 Cash $ 4,076,295 - - Convertible debenture receivable - $ 24,636,507 - Derivative liability - - $ 1,465,129 Investments - - $ 88,022

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