CA Market News
4日前
Clean Air Metals Files Audited Annual Financial Statements for the Year Ended January 31, 2026June 1, 2026 9:00 PM
ACCESS NewswireTHUNDER BAY, ON / ACCESS Newswire / June 1, 2026 / Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSX.V:AIR)(FRA:CKU)(OTCQB:CLRMF) announces that it has filed its audited consolidated financial statements and management's discussion and analysis for the year ended January 31, 2026, available for viewing on www.sedarplus.ca.Financial HighlightsTotal assets as at January 31, 2026 of $36,226,670Total cash as at January 31, 2026 of $1,133,766Working capital deficiency as at January 31, 2026 of $2,281,241Shareholder's equity as at January 31, 2026 of $32,604,804During the year ended January 31, 2026, the Company incurred $1,190,489 in cost for exploration activities at the TBN project. Early in the year, the Company's management team executed a successful drill program at the Current Deposit to delineate larger ballroom structures. This was followed up by a significant undertaking at the Escape Deposit down plunge, to reassess past MT data and refine drilling targets in the area. Management commissioned drilling of the first step-out exploration target within the Escape down-plunge in Q3, resulting in a 50m mineralized intersection 400m from the known resource. The team also successfully completed and filed a Preliminary Economic Assessment (PEA) for Thunder Bay North that outlined a toll-milling case with a mine-plan that is focused on higher margin material in the Current and Escape deposits.Financial Summary For the year ended January 31,2026 January 31,2025 Operating Expenses$1,585,758 $3,515,838 Net Loss and Comprehensive Loss (1,361,118) (3,124,992)Loss per share - Basic and Diluted$(0.01)$(0.01)Total Assets$36,226,670 $37,908,937 Total Liabilities 3,621,866 4,017,254 Total Shareholders' Equity$32,604,804 $33,891,683 Full details of the financial reports and operating results for the year ended January 31, 2026 are described in the Company's audited consolidated financial statements with accompanying notes and related Management's Discussion and Analysis, available on SEDAR+ at www.sedarplus.ca.Project UpdateThe team continues to support critical aspects of project as outlined below:Finalize targeting for the next phase of an Escape Down-Plunge drilling program;Compile the scope for a new metallurgical test program to confirm potential toll milling performance;Continue preliminary discussions for the site access road and power infrastructure, that will include active participation of First Nations communitiesEngage provincial and federal government agencies on future funding opportunities for the project; andContinue to progress Advanced Exploration permitting activities with the Government of Ontario.About Clean Air MetalsClean Air Metals is a development and exploration company advancing its flagship, 100% owned Thunder Bay North Critical Minerals ("TBN") project, 40 km northeast of Thunder Bay, Ontario. The TBN project, accessible by road and next to established infrastructure, hosts two (2) deposits - the Current and Escape deposits, only 2.5 km apart. Together, the deposits host a 13.8 Mt indicated mineral resource containing 2.4M Pt eq. oz (Technical Report on the Thunder Bay North Project, Ontario Canada, NI43-101, SLR Consulting Canada Ltd, June 19, 2023) with significant potential for expansion down-plunge.One of the rare primary platinum resources outside of South Africa, the TBN project is in a stable and mining-friendly jurisdiction and benefits from longstanding relationships with local First Nations. With its proven technical team, Clean Air Metals is committed to growing the resources at the TBN project and creating long-term value for shareholders.Social EngagementClean Air Metals Inc. acknowledges that the Thunder Bay North Critical Minerals Project is located within the area encompassed by the Robinson-Superior Treaty of 1850 and includes the territories of the Fort William First Nation,?Red Rock Indian Band, Biinjitiwabik Zaaging Anishinabek and Kiashke Zaaging Anishinaabek. Clean Air Metals also acknowledges the contributions of the Métis Nation of Ontario, Region 2 and the Red Sky Métis Independent Nation to the rich history of our area.?The Company appreciates the opportunity to work in these territories and remains committed to the recognition and respect of those who have lived, travelled, and gathered on the lands since time immemorial. Clean Air Metals is committed to stewarding Indigenous heritage and remains committed to building, fostering and encouraging a respectful relationship with First Nations, Métis and Inuit peoples based upon principles of mutual trust, respect, reciprocity and collaboration in the spirit of reconciliation.ON BEHALF OF THE BOARD OF DIRECTORS"Mike Garbutt"Mike Garbutt, CEO of Clean Air Metals Inc.Connect with us on X / Facebook / InstagramVisit www.cleanairmetals.ca for more information or contact:Mia Boiridy
Director of Communications and Investor Relations
250-575-3305
mboiridy@cleanairmetals.caNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary NoteThe information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or, future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof, and the Company does not assume any obligation to update or revise them to reflect new events or circumstances except in accordance with applicable securities laws. Actual events or results could differ materially from the Company's expectations or projections.SOURCE: Clean Air Metals Inc.View the original press release on ACCESS NewswireOriginal: Clean Air Metals Files Audited Annual Financial Statements for the Year Ended January 31, 2026
CA Market News
2月前
Clean Air Metals Announces Management ChangesApril 10, 2026 5:30 PM
ACCESS NewswireTHUNDER BAY, ON / ACCESS Newswire / April 10, 2026 / Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSXV:AIR)(FRA:CKU)(OTCQB:CLRMF) announces that Dr. Lionnel Djon, has resigned as VP of Exploration, to pursue other opportunities.Dr. Djon was instrumental in the identification and drill validation of the Escape down-plunge target area. We thank Lionnel for his service over the past two years and wish him the best in his future endeavors.In the interim, the Board will provide technical leadership to support upcoming geoscience initiatives, led by Dr. David Peck. Dr. Peck has been on the Clean Air Metals board since early 2024. He holds a Ph.D. in geology from Melbourne University in Australia and an M.Sc. from the University of Windsor, Canada, and is a registered Professional Geoscientist in Ontario and Manitoba. He is a recognized world expert in the genesis of and exploration for magmatic Platinum group and Nickel Copper Sulphide deposits.The Company will provide an update on a permanent replacement following the assessment of all current financing options under evaluation, and subsequent announcement to move its 2026 strategic objectives forward (see January 12, 2026 News Release).About Clean Air MetalsClean Air Metals is a development and exploration company advancing its flagship, 100% owned Thunder Bay North Critical Minerals ("TBN") project, 40 km northeast of Thunder Bay, Ontario. The TBN project, accessible by road and next to established infrastructure, hosts two (2) deposits - the Current and Escape deposits, only 2.5 km apart. Together, the deposits host a 14.9 Mt indicated mineral resource grading 2.66 g/t (Pt+Pd), 0.40% Cu and 0.24% Ni (NI 43-101 PEA Technical Report, Thunder Bay North Project, Ontario, Canada SLR Consulting Canada Ltd, November 21, 2025,) with significant potential for expansion down-plunge.One of the rare primary platinum resources outside of South Africa, the TBN project is in a stable and mining-friendly jurisdiction and benefits from longstanding relationships with local First Nations. The TBN project has the potential to develop into a secure source of rare platinum metals, as well as other critical metals such as copper, nickel, and cobalt, for the North American manufacturing sector. Ongoing concerns over future platinum supply are driving prices to historic highs, with obvious benefits for a future TBN mining operation. With its proven technical team, Clean Air Metals is committed to growing the resources at the TBN project and creating long-term value for shareholders.Social EngagementClean Air Metals Inc. acknowledges that the Thunder Bay North Critical Minerals Project is located within the area encompassed by the Robinson-Superior Treaty of 1850 and includes the territories of the Fort William First Nation,?Red Rock Indian Band, Biinjitiwabik Zaaging Anishinabek and Kiashke Zaaging Anishinaabek. Clean Air Metals also acknowledges the contributions of the Métis Nation of Ontario, Region 2 and the Red Sky Métis Independent Nation to the rich history of our area.?The Company appreciates the opportunity to work in these territories and remains committed to the recognition and respect of those who have lived, travelled, and gathered on the lands since time immemorial. Clean Air Metals is committed to stewarding Indigenous heritage and remains committed to building, fostering and encouraging a respectful relationship with First Nations, Métis and Inuit peoples based upon principles of mutual trust, respect, reciprocity and collaboration in the spirit of reconciliation.ON BEHALF OF THE BOARD OF DIRECTORS"Mike Garbutt"Mike Garbutt, CEO of Clean Air Metals Inc.Connect with us on X/ Facebook/ Instagram.Visit www.cleanairmetals.ca for more information or contact:Mia Boiridy
Director of Communications and Investor Relations
250-575-3305
mboiridy@cleanairmetals.caNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary NoteThe information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or, future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof, and the Company does not assume any obligation to update or revise them to reflect new events or circumstances except in accordance with applicable securities laws. Actual events or results could differ materially from the Company's expectations or projections.SOURCE: Clean Air Metals, Inc.View the original press release on ACCESS NewswireOriginal: Clean Air Metals Announces Management Changes
CA Market News
2月前
Clean Air Metals Receives Provincial Funding and Provides Update on the Thunder Bay North ProjectMarch 26, 2026 5:00 PM
ACCESS NewswireTHUNDER BAY, ON / ACCESS Newswire / March 26, 2026 / Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSXV:AIR)(FRA:CKU)(OTCQB:CLRMF) is pleased to provide an update on its 100%-owned Thunder Bay North ("TBN") Critical Minerals Project in Northwestern Ontario.Company Financing updateThe Company has been approved for up to $200,000 in government funding as part of the Ontario Junior Exploration Program (OJEP) that will be used to advance work in the 2.5 km long Escape down-plunge target, where it recently intersected 53m of resource-grade mineralization in the initial exploration hole (Figure 1 and October 20, 2025 release)."Ontario is leading the charge to secure the minerals that will power our economy and strengthen our sovereignty," said Stephen Lecce, Minister of Energy and Mines. "Through OJEP, we're backing companies like Clean Air Metals Inc. to advance promising projects here at home-unlocking resources, creating jobs, and building a more self-reliant and secure Canadian economy."Additionally, the Company is continuing discussions with potential strategic partners that share our positive view on the long-term strength of both PGM and copper markets, in advance of any financing announcement to move its 2026 strategic objectives forward (January 12, 2026 release).Figure 1. Down-plunge step-out hole and additional targets Strong Fundamentals for PGE and Copper MarketsAlthough recent global economic uncertainty has had a negative impact on almost all commodity prices, the recent record prices reached by gold and platinum and the strong price recovery for palladium underscores the company's belief that underlying fundamentals are and will continue to be strong. Platinum and Palladium continue to benefit from tight primary supply from South Africa and Russia, while autocatalyst demand for these metals remains robust. At the same time, Copper is underpinned by strong long-term demand from electrification, grid expansion, and energy transition initiatives, against a backdrop of declining ore grades and a thin project pipeline. Together, these factors will continue to provide strong economics for the Thunder Bay North project.Project Development and Exploration UpdateThe Company continues to advance critical aspects of the project including:Update the stand-alone mill business case for Thunder Bay North that will create a parallel development path. to becomePrepare for a new metallurgical test program to confirm potential toll milling performance.Initiate early design discussions for the site access road and power infrastructure, with the active participation of First Nations communitiesEngage provincial and federal government agencies on future funding opportunities for the project.Continue to progress Advanced Exploration permitting activities with the Government of Ontario.Detailed planning of ground geophysical surveys and drilling for the next phase of the Escape down-plunge exploration program.Mike Garbutt, President and CEO, commented, "We would like to thank the Ontario Government for its support of the project through the OJEP program. This input of non-dilutive capital represents an important contribution to junior exploration companies like Clean Air Metals and demonstrates strong support for mineral development by the provincial government."Qualified PersonMike Garbutt, PEng, MBA., a Qualified Person under National Instrument 43-101 and President and CEO for the Company, has reviewed and approved all technical information in this press release.About Clean Air MetalsClean Air Metals is a development and exploration company advancing its flagship, 100% owned Thunder Bay North Critical Minerals ("TBN") project, 40 km northeast of Thunder Bay, Ontario. The TBN project, accessible by road and next to established infrastructure, hosts two (2) deposits - the Current and Escape deposits, only 2.5 km apart. Together, the deposits host a 13.8 Mt indicated mineral resource containing 2.4M Pt eq. oz (Technical Report on the Thunder Bay North Project, Ontario, Canada, NI43-101, SLR Consulting Canada Ltd, June 19, 2023) with significant potential for expansion down-plunge.One of the rare primary platinum resources outside of South Africa, the TBN project is in a stable and mining-friendly jurisdiction and benefits from longstanding relationships with local First Nations. The TBN project has the potential to develop into a secure source of rare platinum metals, as well as other critical metals such as copper, nickel, and cobalt, for the North American manufacturing sector. Ongoing concerns over future platinum supply are driving prices to historic highs, with obvious benefits for a future TBN mining operation. With its proven technical team, Clean Air Metals is committed to advancing the TBN project and creating long-term value for shareholders.Social EngagementClean Air Metals Inc. acknowledges that the Thunder Bay North Critical Minerals Project is located within the area encompassed by the Robinson-Superior Treaty of 1850 and includes the territories of the Fort William First Nation,?Red Rock Indian Band, Biinjitiwabik Zaaging Anishinabek and Kiashke Zaaging Anishinaabek. Clean Air Metals also acknowledges the contributions of the Métis Nation of Ontario, Region 2 and the Red Sky Métis Independent Nation to the rich history of our area.?The Company appreciates the opportunity to work in these territories and remains committed to the recognition and respect of those who have lived, travelled, and gathered on the lands since time immemorial. Clean Air Metals is committed to stewarding Indigenous heritage and to building, fostering, and encouraging a respectful relationship with First Nations, Métis, and Inuit peoples, based upon principles of mutual trust, respect, reciprocity, and collaboration, in the spirit of reconciliation.ON BEHALF OF THE BOARD OF DIRECTORS"Mike Garbutt"Mike Garbutt, CEO of Clean Air Metals Inc.Connect with us on X/ Facebook/ Instagram.Visit www.cleanairmetals.ca for more information or contact:Mia Boiridy
Director of Communications and Investor Relations
250-575-3305
mboiridy@cleanairmetals.caNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.The views expressed in this release are the views of Clean Air Metals Inc. and do not necessarily reflect those of the Province of Ontario.Cautionary NoteThe information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof, and the Company does not assume any obligation to update or revise them to reflect new events or circumstances except in accordance with applicable securities laws. Actual events or results could differ materially from the Company's expectations or projections.SOURCE: Clean Air Metals, Inc.View the original press release on ACCESS NewswireOriginal: Clean Air Metals Receives Provincial Funding and Provides Update on the Thunder Bay North Project