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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 7Twiggyon Mar 13, 2021 3:42pm
267 Views
Post# 32793433

Clean Power Capital MD&A, March 1, 2021

Clean Power Capital MD&A, March 1, 2021Corporate Highlights – Investments (Continued) The fair value of investments in private entities at December 31, 2020 were estimated based on a Level 3 market approach. AgraFlora Organics International Inc. On July 11, 2019, the Company completed the transaction pursuant to an Asset Purchase Agreement dated June 10, 2019 with AgraFlora whereby the Company sold certain investments (listed below) to AgraFlora. As consideration the Company received 348,109,251 common shares of AgraFlora with a fair value of $120,097,692. • Exclusive Distribution Agreement dated May 8, 2019 between the Company and Transnational Cannabis Ltd. (formerly ICC International Cannabis Corp.) • Exclusive Sub-License Agreement dated May 30, 2019 between the Company and 1205293 B.C. Ltd. o/a TF HoldCo. • Exclusive Cannabis Supply, Packaging and Distribution agreement dated April 26, 2019 between the Company and 2459160 Ontario Ltd. Toronto WolfPack • 80% of all of issued and outstanding common shares of 11353675 Canada Corp. • 100% of all of issued and outstanding common shares of SUHM Investments Inc. • 80% of all of issued and outstanding common shares of Potluck Potions and Edibles Inc. • 80% of all of issued and outstanding common shares of 11122347 Canada Corp. • 100% of all of issued and outstanding common shares of Delta Organic Cannabis (1180782 BC Ltd.) • 80% of all of issued and outstanding common shares of 11353705 Canada Corp. • 80% of all of issued and outstanding common shares of 11406426 Canada Corp. • 100% of all of issued and outstanding common shares of Trichome Cannabrands Inc. • 100% of all of issued and outstanding common shares of 1205293 B.C. Ltd. o/a TF HoldCo. • 100% of all of issued and outstanding common shares of Canutra Naturals Ltd.
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