Bullboard - Stock Discussion Forum BTU Metals Corp V.BTU

Alternate Symbol(s): BTUMF

BTU Metals Corp. is a Canada-based junior mining exploration company. The principal business of the Company is the exploration of mineral properties. The Company's main assets are the Dixie Halo Project located in Red Lake, Ontario immediately adjacent to the Great Bear Project and the Echum and Hubcap properties in the active Wawa gold district. The Echum and Hubcap properties cover more than... see more

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TSXV:BTU - Post Discussion

BTU Metals Corp > Halted,

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Post by MrDales62 on Feb 22, 2023 8:39am

Halted,

what's it going to be?

PP with rollback?

Or just a PP?

GLTA

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Comment by radcat on Feb 22, 2023 12:07pm

Hoping someone with deep pockets wants to buy in. A negative would be a take-over that insiders know of positive news they will not release until after we are bought out. A good gold discovery similar to GBR would be the best news.

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Comment by nomoney on Feb 22, 2023 1:11pm

BTU METALS CORP (C-BTU) - News Release ORIGINAL: BTU Announces Agreements with Kinross Gold Corporation: Private Placement, Asset Purchase Agreement and Option Agreement 2023-02-22 12:58 ET - News Release BTU Close 2023-02-21 C$ 0.04 VANCOUVER, BC / ACCESSWIRE / February 22, 2023 / BTU METALS CORP. ("BTU" or the "Company") (TSX:V:BTU)(OTCQB:BTUMF) has ...more

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Comment by nomoney on Feb 22, 2023 1:12pm

BTU CEO Paul Wood commented; "We are very pleased to enter into this series of transactions with Kinross, which will: provide CAD$2.8 million in cash to the Company by way of a private placement and property sale, accelerate the exploration of BTU's properties through an earn-in agreement of up to CAD$4.7 million, and, in all cases, leave substantial upside for BTU shareholders through a ...more

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