21C Metals Inc.

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21C's management has a proven track record of successfully developing resource assets. The management has been apart of three recent successful ventures: US Cobalt to First Cobalt ($149 million), Rainy River to New Gold ($384 million) and Ryland Oil to Crescent Point ($122 million).

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21C Metals Inc.

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21C's management has a proven track record of successfully developing resource assets. The management has been apart ......

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Wayne Tisdale posted an update in 21C METALS INC.

4 days

Welcome Jansen to our Investor group

!
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PKen commented on 21C Manager  update in 21C METALS INC.

7 days

I agree with Stephen, great article on Palladium 21C.. Looking forward to getting continued insight on the commodity and 21C going forward plans, now that your first tranche of the financing was successful as per latest news release. Should be an exciting summer exploration season..Thanks
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PKen

7 days

PKen has joined 21C Metals Inc.

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8020 Admin

19 days

8020 Admin posted a press release 21C Metals Closes First Tranche of Oversubscribed Private Placement for $2.8 Million in 21C Metals Inc.

Vancouver, British Columbia--(Newsfile Corp. - May 3, 2019) - 21C Metals Inc. (CSE: BULL) (FSE: DCR1) (OTCQB: DCNNF) ("21C Metals" or the "Company") is pleased to announce that it has closed the oversubscribed first tranche of the non-brokered portion of the private placement (the "Offering") previously announced on March 18, 2019. The Company has issued an aggregate of 15,579,122 units (each, a "Unit") at a price of $0.18 per Unit for aggregate gross proceeds of $2,804,242.


Wayne Tisdale reported: "We are pleased to have oversubscribed this placement so that we can expand upon our palladium resource located within 70 kilometres of Sudbury, Ont. By pursuing the recommended work program referenced in the 43-101, this resource appears to have excellent potential to add palladium ounces to the current estimate. This palladium asset perfectly complements our current Tisová copper-cobalt project, on which we have also identified numerous high priority drill targets. At 21C Metals, we are actively pursuing the metals required for current production demand (palladium) while also preparing for the ever-increasing demand for cobalt and copper. We call our strategy metals for today and tomorrow."


Each Unit consists of one common share of the Company (a "Share") and one transferable common share purchase warrant (a "Warrant"). Each Warrant shall entitle the holder thereof to acquire one Share at a price of $0.30 for a period of 24 months following the Closing Date. If, following the closing of the Offering, the volume weighted average price of the Shares on the Canadian Securities Exchange is equal to or greater than $0.40 for any 10 consecutive trading days, the Company may, upon providing written notice to the holders of Warrants, accelerate the expiry date of the Warrants to the date that is 30 days following the date of such written notice.


The Company intends to use the net proceeds of the Offering to commence exploration work on the Company's East Bull palladium and Tisová cobalt properties and for general working capital.


In connection with the Offering, the Company paid finder's fees in the amount of $16,821 (7%) and issued 93,450 finder's fee warrants, each of which is exercisable to acquire a Share at a price of $0.30 for a period of 24 months from the date of issue and subject to the same acceleration clause as outlined above.


Securities issued pursuant to this closing are subject to a hold period and may not be traded until September 4, 2019.


On behalf of the Board of Directors


Wayne Tisdale, President & Director


FOR FURTHER INFORMATION PLEASE CONTACT:


21C Metals Inc.
Wayne Tisdale, President and CEO
T: (604) 639-4455


Reader Advisory


This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to, statements with respect to the use of proceeds from the private placement. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.


Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation and environmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; liabilities inherent in mining operations; competition for, among other things, skilled personnel and supplies; incorrect assessments of the value of acquisitions; geological, technical, processing and transportation problems; changes in tax laws and incentive programs; failure to realize the anticipated benefits of acquisitions and dispositions; and the other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive.


The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.


Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.


This press release shall not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States. The securities will not be and have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons absent registration or applicable exemption from the registration requirements of the United States Securities Act of 1933, as amended.


THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.



To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44531

!
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Wayne Tisdale posted an update in 21C METALS INC.

1 month

Jim and Andrew thank you for joining our investor group! Please let us know if you have any questions.

!

Wayne Tisdale posted a News Item How Junior Mining Executives will now want to be Economists too in 21C Metals Inc.

You don’t have to look far to hear all about cobalt.  We all know much more than we did a couple of years ago about its importance in batteries and the electric vehicle revolution and on and on.



For reasons that virtually no one can explain with any credibility, cobalt prices have gone into a deep, dark tunnel, a tunnel deep and long enough that everyone is actually afraid to look.  We all know that it’s going to change, it’s a question of when and what to do in the interim.


The fact is that nothing has actually changed.  Electric vehicles aren’t going anywhere and while infrastructure progress has been mixed, it will get there, with or without Elon Musk and all his shiny Teslas.  As is the case with the evolution and adoption of all technology, there are many tears and lots of hand-wringing along the way. 


At 21C, we took matters into our own hands and decided that a deeper dive into the macro trend of electric vehicles was needed.  And what we discovered truly surprised us.


Remember hybrid vehicles?  Tesla with their fancy showrooms made that all sound so 90s and old-fashioned.  We were headed for a slick new world where Elon could close your sunroof from a bunker in Nevada.  Cool.  Except when it’s not.  And right now, even though everything points to cobalt being exactly the thing we need, it’s tough to make its economic case.


Enter palladium.  Ah, the smell of catalytic converters in the morning.  Yes, that’s how this all fits together.  As you may know, palladium is needed for the catalytic converters found in old-fashioned internal combustion engines and cobalt is needed for electric vehicle batteries.  Et voila.  A hybrid car needs both.


That’s what we decided to do at 21C.  Rather than get better at cribbage waiting for anyone to care about cobalt (which we believe won’t be so far away so perhaps we wouldn’t have got much better anyway) we proactively decided to add the other hybrid element to 21C’s mix.  Palladium.


Back to the world of hybrids.  Because of infrastructure growing pains and the lack of robust range (who wants to get stuck on a quiet and cold Canadian side road looking for an extension cord and a plug?) it’s been a case of “not so fast, my friend”.


There is no question that the hybrid solution is a bridge, it’s something to get us from here to there.  “There” hasn’t quite arrived as yet so the logical solution is the hybrid.  It’s difficult to say how long this bridge will last or, frankly, be necessary.  According to Bloomberg, buyer behavior seems to indicate that the appetite is already there for fully electric vehicles, with the current hesitation being about the incessant worrying about range and, in the case of older vehicles such as the early Prius, mixed reviews about resale value and dependability.


Which takes us back to our economic forecasting at 21C.  In the near term, the 21C palladium project in Ontario is drill-ready and, due to its excellent location and logistics, the economics stack up.  The company’s Tisova cobalt project (or, as it’s sometimes lovingly referred to, the Tisova copper project with an excellent cobalt credit) stands ready, with drill targets identified and a program commencing Q2 2019.

!
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Wayne Tisdale posted an update in 21C METALS INC.

1 month

Welcome, Ali and Derrick!

!
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21C Manager posted an update in 21C METALS INC.

1 month

Wayne and company have a proven track record of success for investors: US Cobalt to First Cobalt ($149 million), Rainy River to New Gold ($384 million) and Ryland Oil to Crescent Point ($122 million). Palladium has shown considerable strength over the last few years and is a great lead into another successful venture. Welcome.


Thumb palladium chart

!

21C Metals Inc.

publicPublic Group

21C's management has a proven track record of successfully developing resource assets. The management has been apart of three recent successful ventures: US Cobalt to First Cobalt ($149 million), Rainy River to New Gold ($384 million) and Ryland Oil to Crescent Point ($122 million).

people35 Members       (0)

Corporate Profile
Group Admins:
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  • Thumb bryce
Group Mods:
  • Thumb 21c nmetals icon white back
  • Thumb wayne tisdale
  • Thumb screen shot 2019 03 15 at 3.55.48 pm small
Join Group


21C Metals Inc.

publicPublicGroup

21C's management has a proven track record of successfully developing resource assets. The management has been apart ......

people35 Members       (0)

Thumb wayne tisdale

Wayne Tisdale posted an update in 21C METALS INC.

4 days

Welcome Jansen to our Investor group

!
Thumb peter kendall pic

PKen commented on 21C Manager  update in 21C METALS INC.

7 days

I agree with Stephen, great article on Palladium 21C.. Looking forward to getting continued insight on the commodity and 21C going forward plans, now that your first tranche of the financing was successful as per latest news release. Should be an exciting summer exploration season..Thanks
keyboard_arrow_downShow Post

!
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PKen

7 days

PKen has joined 21C Metals Inc.

!
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8020 Admin

19 days

8020 Admin posted a press release 21C Metals Closes First Tranche of Oversubscribed Private Placement for $2.8 Million in 21C Metals Inc.

Vancouver, British Columbia--(Newsfile Corp. - May 3, 2019) - 21C Metals Inc. (CSE: BULL) (FSE: DCR1) (OTCQB: DCNNF) ("21C Metals" or the "Company") is pleased to announce that it has closed the oversubscribed first tranche of the non-brokered portion of the private placement (the "Offering") previously announced on March 18, 2019. The Company has issued an aggregate of 15,579,122 units (each, a "Unit") at a price of $0.18 per Unit for aggregate gross proceeds of $2,804,242.


Wayne Tisdale reported: "We are pleased to have oversubscribed this placement so that we can expand upon our palladium resource located within 70 kilometres of Sudbury, Ont. By pursuing the recommended work program referenced in the 43-101, this resource appears to have excellent potential to add palladium ounces to the current estimate. This palladium asset perfectly complements our current Tisová copper-cobalt project, on which we have also identified numerous high priority drill targets. At 21C Metals, we are actively pursuing the metals required for current production demand (palladium) while also preparing for the ever-increasing demand for cobalt and copper. We call our strategy metals for today and tomorrow."


Each Unit consists of one common share of the Company (a "Share") and one transferable common share purchase warrant (a "Warrant"). Each Warrant shall entitle the holder thereof to acquire one Share at a price of $0.30 for a period of 24 months following the Closing Date. If, following the closing of the Offering, the volume weighted average price of the Shares on the Canadian Securities Exchange is equal to or greater than $0.40 for any 10 consecutive trading days, the Company may, upon providing written notice to the holders of Warrants, accelerate the expiry date of the Warrants to the date that is 30 days following the date of such written notice.


The Company intends to use the net proceeds of the Offering to commence exploration work on the Company's East Bull palladium and Tisová cobalt properties and for general working capital.


In connection with the Offering, the Company paid finder's fees in the amount of $16,821 (7%) and issued 93,450 finder's fee warrants, each of which is exercisable to acquire a Share at a price of $0.30 for a period of 24 months from the date of issue and subject to the same acceleration clause as outlined above.


Securities issued pursuant to this closing are subject to a hold period and may not be traded until September 4, 2019.


On behalf of the Board of Directors


Wayne Tisdale, President & Director


FOR FURTHER INFORMATION PLEASE CONTACT:


21C Metals Inc.
Wayne Tisdale, President and CEO
T: (604) 639-4455


Reader Advisory


This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to, statements with respect to the use of proceeds from the private placement. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.


Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation and environmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; liabilities inherent in mining operations; competition for, among other things, skilled personnel and supplies; incorrect assessments of the value of acquisitions; geological, technical, processing and transportation problems; changes in tax laws and incentive programs; failure to realize the anticipated benefits of acquisitions and dispositions; and the other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive.


The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.


Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.


This press release shall not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States. The securities will not be and have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons absent registration or applicable exemption from the registration requirements of the United States Securities Act of 1933, as amended.


THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.



To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44531

!
Thumb wayne tisdale

Wayne Tisdale posted an update in 21C METALS INC.

1 month

Jim and Andrew thank you for joining our investor group! Please let us know if you have any questions.

!

Wayne Tisdale posted a News Item How Junior Mining Executives will now want to be Economists too in 21C Metals Inc.

You don’t have to look far to hear all about cobalt.  We all know much more than we did a couple of years ago about its importance in batteries and the electric vehicle revolution and on and on.



For reasons that virtually no one can explain with any credibility, cobalt prices have gone into a deep, dark tunnel, a tunnel deep and long enough that everyone is actually afraid to look.  We all know that it’s going to change, it’s a question of when and what to do in the interim.


The fact is that nothing has actually changed.  Electric vehicles aren’t going anywhere and while infrastructure progress has been mixed, it will get there, with or without Elon Musk and all his shiny Teslas.  As is the case with the evolution and adoption of all technology, there are many tears and lots of hand-wringing along the way. 


At 21C, we took matters into our own hands and decided that a deeper dive into the macro trend of electric vehicles was needed.  And what we discovered truly surprised us.


Remember hybrid vehicles?  Tesla with their fancy showrooms made that all sound so 90s and old-fashioned.  We were headed for a slick new world where Elon could close your sunroof from a bunker in Nevada.  Cool.  Except when it’s not.  And right now, even though everything points to cobalt being exactly the thing we need, it’s tough to make its economic case.


Enter palladium.  Ah, the smell of catalytic converters in the morning.  Yes, that’s how this all fits together.  As you may know, palladium is needed for the catalytic converters found in old-fashioned internal combustion engines and cobalt is needed for electric vehicle batteries.  Et voila.  A hybrid car needs both.


That’s what we decided to do at 21C.  Rather than get better at cribbage waiting for anyone to care about cobalt (which we believe won’t be so far away so perhaps we wouldn’t have got much better anyway) we proactively decided to add the other hybrid element to 21C’s mix.  Palladium.


Back to the world of hybrids.  Because of infrastructure growing pains and the lack of robust range (who wants to get stuck on a quiet and cold Canadian side road looking for an extension cord and a plug?) it’s been a case of “not so fast, my friend”.


There is no question that the hybrid solution is a bridge, it’s something to get us from here to there.  “There” hasn’t quite arrived as yet so the logical solution is the hybrid.  It’s difficult to say how long this bridge will last or, frankly, be necessary.  According to Bloomberg, buyer behavior seems to indicate that the appetite is already there for fully electric vehicles, with the current hesitation being about the incessant worrying about range and, in the case of older vehicles such as the early Prius, mixed reviews about resale value and dependability.


Which takes us back to our economic forecasting at 21C.  In the near term, the 21C palladium project in Ontario is drill-ready and, due to its excellent location and logistics, the economics stack up.  The company’s Tisova cobalt project (or, as it’s sometimes lovingly referred to, the Tisova copper project with an excellent cobalt credit) stands ready, with drill targets identified and a program commencing Q2 2019.

!
Thumb wayne tisdale

Wayne Tisdale posted an update in 21C METALS INC.

1 month

Welcome, Ali and Derrick!

!
Thumb 21c nmetals icon white back

21C Manager posted an update in 21C METALS INC.

1 month

Wayne and company have a proven track record of success for investors: US Cobalt to First Cobalt ($149 million), Rainy River to New Gold ($384 million) and Ryland Oil to Crescent Point ($122 million). Palladium has shown considerable strength over the last few years and is a great lead into another successful venture. Welcome.


Thumb palladium chart

!