BTU Metals Corp V.BTU

Alternate Symbol(s): BTUMF

BTU Metals Corp. is a Canada-based junior mining exploration company. The principal business of the Company is the exploration of mineral properties. The Company's main assets are the Dixie Halo Project located in Red Lake, Ontario immediately adjacent to the Great Bear Project and the Echum and Hubcap properties in the active Wawa gold district. The Echum and Hubcap properties cover more than 750 mining claims over a total of 16,048 hectares. The Company also has an option agreement to acquire 70% interest in and to over 757 mining claims (12 boundary cell mining claims, three multi-cell mining claims, and 742 single cell mining claims) in the Kenora District of Ontario.

TSXV:BTU - Post by User

BTU Metals Corp

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Comment by Sthlheadron Dec 02, 2019 12:47pm

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Post# 30413680

RE:Expect a financing .

what's your logic in that statement? They have funds to continue into 2022. Warrants are all in the money. Should raise another 2 million on top of what they already have. Why finance now? Prove the ground then do a PP with sprott or another big player.

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