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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.


CSE:CMT - Post by User

Bullboard Posts
Comment by thamthamon Oct 13, 2018 9:25pm
146 Views
Post# 28796014

RE:Oh boy! 10 million shares to be issued for licence?

RE:Oh boy! 10 million shares to be issued for licence?
I may be wrong but I think those 10M are the ones in Reserved For Issurance and not newly diluted shares. With DOCC deal, it's said that with their 18M shares will be 20% of PUF's fully diluted. If they dilute more, then numbers wouldn't match.

I'm not worried about that at all. Fully diluted at DOCC's share price purchase of 2.24, still only 200M market cap that I mentioned before. And with still a lot more coming down the pipe, would be stupid for them to dump those shares.

What I would like to know is how things will proceed once the building permits for the Aussie Solaris greenhouse get approved. Got this forwarded to me in regard to it.

Exactly, the licenses and permits were submitted together. We should be hearing something from the ODC fairly soon.
Tim McNulty
PUF Ventures Inc.

Fun times ahead for sure. Off on vacation next week just to watch the fireworks. Hope the shorts will enjoy it as much as I'll be. :)
Bullboard Posts