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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

Post by bludoggon Mar 01, 2021 9:43pm
252 Views
Post# 32692074

news from Delta

news from Delta

Huge East Ladner greenhouse about to step into lucrative Canadian cannabis market

Propagation Services Canada says it continues to develop and strategize to position itself as a leader in low cost cannabis product
agraflora cannabis greenhouse ladner bc
The Delta greenhouse operation says it’s figured out how it can maximize yields per square metre with minimal labour costs, leveraging best growing practices and experience in vegetable cultivation and applying to them to cannabis.

A large-scale East Ladner greenhouse operation, that’s made the switch from vegetables to cannabis, is about to enter the market.

Partnering with AgraFlora Organics International Inc. to create the new entity Propagation Services Canada Inc., Houweling Nurseries announced this week that by this summer it will have its first commercial crop for sale.

“We have made recent modifications to existing infrastructure which has allowed us to significantly increase our drying capacity and increase revenue for summer 2021,” said general manager Ruben Houweling in a news release.

The venture will see the eventual conversion of the entire 2.2-million-square-foot greenhouse.

The 20-hectare (49-acre) facility on 64th Street would be the second largest cannabis greenhouse facility in Canada among those that are currently built.

Meanwhile, Statistics Canada has released retail sales data indicating that while retail sales in general in this country saw a drop last year, sales at cannabis stores more than doubled in 2020 because of higher demand.

Statistics Canada notes more than $2.6 billion worth of legal cannabis was purchased, but prices faced downward pressure as cannabis companies competed with the illicit market, coupled with increased competition as more companies entered the market.

The City of Delta currently does not have a cannabis retail outlet, having passed a bylaw which prohibits the stores in all zones.

However, the city is currently reviewing an application by Seed and Stone that would see an industrial property in the 600-block of Chester Avenue on Annacis Island rezoned to allow for a cannabis sales operation within a portion of an existing industrial building.

The operation would include a 1,001-square-foot retail storefront and a 2,637-square-foot warehouse.



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