MAPS coming Soon...LONE is Under valued. GAMA Trading 50% above PP Pricing.....LONE is Trading @ PP
Pricing......BINGO>......
Sept 23, 2022.
The company is also pleased to announce that it will be conducting a non-brokered private placement financing under which it will raise gross proceeds of up to $1.25-million by the issue of units at 25 cents per unit. Each unit consists of one common share and one-half of a warrant. Each whole warrant shall be transferrable and entitle the holder to subscribe for an additional common share at 40 cents for a period of two years. The company reserves the right to accelerate the expiry date of the warrants, in the event that the shares trade at 50 cents or above for a period of 10 consecutive trading day.
Lithium One Metals acquires 63 claims in Quebec
2022-09-22 10:00 ET - News Release
Mr. Andrew Smith reports
LITHIUM ONE HAS ACQUIRED 63 CLAIMS BY MAP STAKING ADJACENT TO GO METALS' HSP NICKEL-COPPER-PGE PROJECT IN QUEBEC, AND LESS THAN 2 KILOMETRES FROM TWO HISTORIC NI-CU-PGE OCCURRENCES
Lithium One Metals Inc. has acquired one block of 63 claims by map staking adjacent to Go Metals Corp.'s HSP nickel-copper-PGE (platinum group element) project in Quebec. Lithium One's new Ni-Cu-PGE property is located less than 1,500 metres (1.5 kilometres) from Go Metals' historic Hamlet Ni-Cu-PGE showing as well as 1,400 metres (1.4 km) from its EM-A2 Ni-Cu-PGE showing. The 63 claims cover approximately 3,340 hectares (33.4 square km) of the Havre-Saint Pierre anorthosite complex.
Based on public information, the Hamlet and EM-A2 showings consist of magmatic or hydrothermal PGEs. At Hamlet the mineralization is recorded as being within a 1.5-metre-wide vein of massive sulphides, where historic surface grab samples grading up to 0.55 per cent nickel, 0.69 per cent copper and significant platinum values have been obtained. The EM-A2 showing consists of semi-massive sulphides, grab samples from which have returned grades of up to 0.38 per cent nickel and 0.17 per cent copper. Neither showing has been drilled, nor are there any drill holes on Lithium One's adjacent property claims.
Lithium One's 100-per-cent-owned property was map-staked by the company in order to explore for extensions of the two historic surface showings, both located within the same ultramafic units that host Go Metals' recent discoveries. The property wraps around the south and east sides of Go Metals' HSP project.
The company is currently in advanced negotiations to acquire an additional 140 contiguous claims from a renowned Quebec prospector which has a history of successful project generation. The single block of 140 claims was staked in March of this year and, together, shares long borders with both Go Metals' HSP project to the north and a large property held by Rio Tinto Exploration Canada Inc. to the east.
The claims are still being processed by Quebec's Ministry of Energy and Resources. A property map will be published once the claims registration has been completed.
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Gama to acquire Tyee Nickel for nine million shares
2022-09-19 10:07 ET - News Release
Mr. Allan Larmour reports
GAMA EXPLORATIONS ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE TYEE NICKEL CORP.
Gama Explorations Inc., further to its news release dated Sept. 12, 2022, has entered into a definitive agreement dated Sept. 16, 2022, with Tyee Nickel Corp. and the shareholders of Tyee regarding the acquisition of the issued and outstanding shares of Tyee.
Pursuant to the agreement the company will purchase all of the issued and outstanding common shares of Tyee from the shareholders in exchange for nine million common shares of the company.
Tyee is a British Columbia incorporated company and the owner of the Tyee nickel-copper project, which is located 130 kilometres north of Havre St. Pierre, Que., and approximately 12 km north of the Romaine IV hydroelectric dam. The claims comprise a single claim block of 81.46 square kilometres prospective for nickel, copper and platinum group elements (PGE). The project contains geochemical anomalies that overlie geophysical anomalies, which may represent mafic to ultramafic feeders to the surrounding Havre St. Pierre anorthosite complex.
The anorthosite complex is in an underexplored region that hosts known nickel-copper-PGE occurrences. Occurrences have been found 20 km to the west of the Tyee nickel-copper project in an area with geophysical and lithological similarity.
Mineralization in areas outside of Gama's tenure is not indicative of mineralization on Gama's tenure.
Gama now holds the 81.46-square-kilometre project.
In connection with the agreement, the company is also pleased to announce the appointment of Dr. Mick Carew to its board of directors. A PhD geologist with over 25 years of experience in the mining industry, Dr. Carew has both regional and near-mine mineral exploration experience working for several major and junior mining/exploration companies. Dr. Carew has worked on a variety of uranium, base and precious metal ore deposits in three continents including Australia, North America and Asia.
Dr. Carew has corporate management experience at the executive level and was previously a research analyst at Haywood Securities, where he used his technical expertise to evaluate companies, and projects ranging from early and advanced stage exploration, resource and development, to production.
The company further announces the grant of 3.1 million options granted to directors, officers and consultants of the company. The options are exercisable at a price of 30 cents per share for a period of five years and are subject to vesting in four equal instalments over two years.
In connection with the agreement, the company will issue a finder's fee of 400,000 common shares to an arm's-length party.
Gama closes purchase of Tyee; arranges $2.5M financing
2022-09-20 14:55 ET - News Release
Mr. Allan Larmour reports
GAMA EXPLORATIONS ANNOUNCES CLOSING OF ACQUISITION OF TYEE NICKEL CORP. AND PROPOSED PRIVATE PLACEMENT
Gama Explorations Inc. has closed the acquisition of Tyee Nickel Corp. Information on the transaction is provided in the company's news release of Sept. 19, 2022.
The company is also pleased to announce a proposed private placement of up to 8,333,333 common shares at a price of 30 cents per share for aggregate proceeds of up to $2.5-million. The proceeds of the offering will be used for exploration expenditures on the company's British Columbia and Quebec properties, corporate expenses, and working capital. The company may pay finders' fees in connection with the sale of the shares. Closing of the private placement is subject to compliance with stock exchange requirements.
The shares issued or to be issued pursuant to the above transactions will be subject to a four-month hold period in accordance with applicable securities laws.
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