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EnviroMetal Technologies Inc C.ETI

Alternate Symbol(s):  EVLLF

EnviroMetal Technologies Inc. is a Canada-based company. The Company is engaged in the developing and commercializing economic and environmentally sustainable metal recovery technologies for applications in the gold mining industry. The Company extracts precious metals from ores and concentrates by deploying its proprietary non-cyanide, water-based and neutral pH treatment process. Its proprietary and patented chemistry technology extracts precious metals from conventional mine products, including gravity, flotation and pre-treated refractory concentrates. Its chemistry formulations recover gold from gravity and flotation concentrates. Its pipeline technology In Situ Recovery (ISR) is an extraction method for multiple metals. ISR used as a primary uranium extraction process in the United States and internationally. ISR offers a sustainable solution for the gold mining sector.


CSE:ETI - Post by User

Post by BamBam76on Oct 14, 2024 8:19pm
158 Views
Post# 36265708

SEDAR filings

SEDAR filingsFound a couple postings on Sedar.  Looks like the company has reduced expenses this year by suspending e-waste operations and focusing on gold mining recovery.  

One sentence that stands out is,
"During the three and six months ended June 30, 2024, EnviroMetal conducted amenability and recovery test work on samples received from numerous clients and submitted proposals for initial or additional test work to clients and potential clients."

Setting up or replacing an existing process takes a lot of time to work through the engineering and permitting involved.  The question is whether this company will have enough time to wait.  Looks like they are essentially out of cash ($40k cash as of 6/30) and looking for additional funding sources, likely through issuing more shares.

Here's a link to Management Discussion & Analysis
https://www.sedarplus.ca/csa-party/records/document.html?id=a106f444c5876eb6233994cb0e96c01c0edacd83d933ccf4a4ac9f0fad363d6d

There is also a financial statement
https://www.sedarplus.ca/csa-party/records/document.html?id=006fd8d666b02c6e92a384b0bf542c8182d27912952d2d47f60a683fa28faeaf

I never seem to get this information from the company.  It seems like it would be pretty easy to send out an email when reports are filed on Sedar ... or post it to the website?
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