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

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Post by thamthamon Oct 05, 2018 11:48am

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Post# 28752445

Reading the Sedar reports...

So the agreement is now in effect. No change to the dates set. All 40M will be used to bring the whole 2.2M greenhouse online. Considering Aurora's Sky which is not even half and already cost 100M+ to build, not bad at all.

Only thing is I hope that they try to have the PSC up and running as quickly as they can. DOCC doesn't have to wait until March to fund the rest. Seeing before or on is reassuring. Sure, they may walk away during the agreement but they'll lose a lot more once the initial purchase is in.

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