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Tectonic Metals Inc V.TECT

Alternate Symbol(s):  TETOF

Metals & Mining Gold
Tectonic Metals Inc. is a Canada-based gold exploration company, The Company's principal business activities include the identification, acquisition, and exploration of mineral properties primarily in the United States and Canada. Its projects include Tibbs Gold and Flat Gold. The Tibbs project is located in the Goodpaster Mining District, approximately 175 kilometers (km) southeast of Fairbanks, Alaska, and 35 km east of the Northern Star Resources’ Pogo Mine. The property covers approximately 29,280 acres of highly prospective geology, hosting over 25 target areas and historic lode gold production in three locations. The Flat Gold Project is located 40 km north of the giant Donlin Gold deposit. The Flat Gold Project consists of approximately 92,000 acres of Doyon land. The Flat Gold Project is an underexplored, intrusion-hosted gold system with mineralization beginning at the surface near a world-class gold deposit within the mining district in Alaska.


TSXV:TECT - Post by User

Tectonic Metals Inc
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Post by Betteryear2on Oct 01, 2023 8:17pm
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Post# 35664317

Tectonic Metals Announces Crescat Becoming a Control Person

Tectonic Metals Announces Crescat Becoming a Control PersonVANCOUVER, BC / ACCESSWIRE / September 29, 2023 / Tectonic Metals Inc. (TSX-V:TECT)(OTCQB:TETOF)(FSE:T15B) ( " Tectonic " or the " Company " ), a junior explorer that applies a disciplined and up-front approach to addressing the economics, community benefits, and sustainability of its projects, today announced that Crescat Capital LLC (including its associates and affiliates - together " Crescat ") and the Company received approval from disinterested shareholders at the Company's Annual General and Special Meeting on September 21, 2023, as well as TSXV approval, for Crescat to become a Control Person as defined by the Securities Act and in the TSXV's policies. Concurrent with this approval, the Company closed a final tranche (the " Final Tranche ") of the previously announced a brokered private placement (the " Offering ") for gross proceeds of $560,000 from Crescat. Closing of the Final Tranche was subject to Crescat becoming a Control Person and attaining TSXV approval. Unless otherwise noted, all amounts are expressed in Canadian dollars.

Tectonic Metals Announces Crescat Becoming a Control Person and Closing of Related Tranche (accesswire.com)
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