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Clean Energy Transition Inc V.TRAN

Alternate Symbol(s):  GCRIF

Clean Energy Transition Inc. 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 project is located in northern Ontario, 500km north-northwest of Toronto, 105km west of Sudbury. It is just over 40km by road from the town of Massey- 25km on highway and 15km on logging roads. The property comprises ten claim units within three staked unpatented mining claims totaling approximately 160 hectares. The Silicon Ridge Project is located approximately 40km north of the City of Baie-Saint-Paul, which borders the north shore of the Saint Lawrence River in central Quebec. Baie-Saint-Paul is about 100km northeast of Quebec City and approximately 350km northeast of Montreal.


TSXV:TRAN - Post by User

Post by ARIMA11on Mar 04, 2021 5:22pm
152 Views
Post# 32723561

Interesting

Interestinghttps://ceo.ca/@accesswire/rogue-update-selling-langmuir-project 

Consideration to Rogue
 
Pursuant to the terms of the Agreement, and in consideration for the transfer of the Langmuir Project, Rogue will hold at least 20% of the shares of EVNi after the Concurrent Financing and receive $150,000 in cash at closing. In addition to the consideration paid at closing, an additional future payment will be received by the Company based on the size of an updated new mineral resource estimate, expected to be completed by EVNi in early 2022. This payment will be up to a maximum of $5,000,000 paid in cash, EVNi shares, or a combination thereof with the split to be determined by EVNi.

Looks like we're going to be an Aggregator after all! :)

 

 

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