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Clean Energy Transition Inc V.TRAN

Alternate Symbol(s):  GCRIF

Clean Energy Transition Inc., formerly Rogue Resources Inc., is a Canada-based company. The Company is focused on opportunities to generate positive cash flow, across the energy transition. The Company includes a Quartz division focused on advancing its silica/quartz business with the Snow White Project in Ontario and the Silicon Ridge Project in Quebec. The silica in high-quality quartz can be used to make silicon metal, a key component in solar energy panels. The Snow White property is approximately 27 km northwest of the town of Massey, 105 km west of the city of Sudbury and 500 km north-northwest of Toronto. The Silicon Ridge Project is located approximately 40 km north of the City of Baie-Saint-Paul, which borders the north shore of the Saint Lawrence River in central Quebec, Canada. The property comprises eight (8) contiguous maps designated mineral claims (CDC claims), which form a rectangular block covering a total area of 462.6 ha.


TSXV:TRAN - Post by User

Comment by ARIMA11on Oct 16, 2020 9:49am
107 Views
Post# 31727528

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Update

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:UpdateTrue but there is this too... Everyone wants to get it below 0.08 cents.

On May 27th,, 2020, the Company announced the closing of a first tranche of the Private Placement where the Company received aggregate gross proceeds of $161,940. $130,440 was received from the sale of Non-Flow-Through Units (the "Unit Offering") at a price of $0.06 per unit ("Unit") from the issuance of 2,174,000 Units. Each Unit consists of one common share ("Common Share") and one Common Share purchase warrant (each, a "Warrant") entitling the holder thereof to purchase one Common Share at an exercise price of $0.08 for a period of 36 months from the closing date $31,500 was also received from the sale of Flow-Through Units (the "FT Unit Offering") at a price of $0.07 per unit ("FT Unit") from the issuance of 450,000 FT Units. Each FT Unit consists of one flow-through Common Share and one Common Share purchase warrant (each, a "Warrant") entitling the holder thereof to purchase one Common Share at an exercise price of $0.08 for 36 months from the closing date.

2,174,000
450,000
----------
2.62,4000 

https://ceo.ca/@accesswire/rogue-announces-closing-of-second-and-final-tranche
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