Go Metals Corp. C.GOCO

Sweeet. More Money for the Kitty Mean No PP? NEWS.

[Goldy63]

Go Metals Agreement to Expedite Warrants

C.GOCO | 6 minutes ago

Vancouver, British Columbia--(Newsfile Corp. - October 13, 2022) - Go Metals Corp. (CSE: GOCO) ("Go Metals" and/or the "Company") is pleased to announce the Company has entered into an agreement with IBK Capital Corp. ("IBK") to expedite the exercise of certain warrants.

"A warrant exercise allows the company to simplify our capital structure while adding funds for operations at HSP," says Scott Sheldon, Go Metals President.

The company also reports initial planning discussions for a follow up winter drill program at the HSP nickel-copper sulphide project in Quebec.

Scott Sheldon says "We are now satisfied in our logistical ability to return to HSP in the winter. The Company is beginning the planning process for a winter program including liaison with the Innu of Ekuanitshit First Nation regarding expanded exploration on the property."

Further details about individual target priority will be based on assay results as they become available.

About Go Metals

Go Metals targets Canadian battery metal projects to help power a sustainable future. The company flagship is a nickel-copper sulphide project 130 kilometres north of Havre-Saint Pierre, Quebec in the Nitassinan of the Innu of Ekuanitshit.

For further information, please contact:

Scott Sheldon, President
604.725.1857
[e-mail]

[HRc60to65]

Very good new. GOCO is having something good at its HSP Nickel-Copper PGE Project The winter program will defined the limits and the size of one or some of the 5 targets. There are some large mineral Ni-Cu-Pt deposits 

[davidmb4]

Wrong my friend. Stock is now TOXIC. Stock is DOWN 7 out of the last 8 days. Absolutely no buyers. Huge sells on the ask. horrible update by Scott. there is no confidence in this company or management right now. no chance of recovery unless they announce something meaningful. Typical Canadian junior mining play.

[davidmb4]

Never looks good that insiders sell hundreds of thousands of shares. looks like a pump and dump. Why can't they get any financing? Unfortunately, no one believes those visuals will have economic metals. the company was forced to exercise warrants to get money to continue drilling. just doesn't look good right now. hope it recovers but...

[Goldy63]

David. I agree that the sp based on visuals alone is why no financing till assays and why I have mentioned Bay as an ulturnative Copper Stock . Bay has huge Ultra high grade Copper assays and visuals with more assays on the way and at 3.5 cents a steal . Yes I bought Goco because I believe the Copper grades will be good as well as the other metals but yup till assays I think Goco will continue to

[HRc60to65]

I am not agree. It is judicious to expedite warrants.  It is a way to limit the futur number of oustandaing shares issued at low price. The number of warrants already issued is 6,350,000 to be exerciced at 0.25$ At October 6, 2022, 1,356,667 warrants was exerciced at 0.25$ and shares issued. At April 30, 2022  GOCO has 1,434,785$ in cash.  The summer program cost

[davidmb4]

Whatever Scott is doing is wrong. The market is speaking. There is no buying pressure to suck up the warrants. he miscalculated and the stock is suffering. I thought this would have played out differently. just another pump Canadian junior mining play. All he needed to do was release some XRF data. wTF?

[davidmb4]

Just hoping that the bullish spinning top candle plays out. get some buying pressure and move above $0.60 and who knows. I hate roller coaster rides. Lol.

[HRc60to65]

XRF data is not official and GOCO can be sued with XRF data is not confirm by lab assay.  Lab assay results are official. What Scott is doing is right and it is at the opposite of a pump and dump.

[HRc60to65]

  davidmb4   The market is speaking?   The market is waiting assay results The market is patient Weak hands are selling and strong hands is buying davidmb4 davidmb4