CA Market News
2日前
BTU Additional Details Regarding Recent AcquisitionJune 12, 2026 10:50 PM
ACCESS NewswireVANCOUVER, BC / ACCESS Newswire / June 12, 2026 / BTU METALS CORP. ("BTU" or the "Company") (TSXV:BTU)(OTCQB:BTUMF) is announces that on June 3rd, 2026 the Company announced that it had entered into a definitive agreement to acquire a 100% interest in the Dixie East Block 3 Project (the "Project" or the "Property"), located approximately 6 kilometres east of the Kinross-owned Great Bear Project in the eastern part of the Red Lake District, Ontario. The newly acquired claim package is directly adjacent to the Kinross and BTU Dixie Halo Project and further augments the Company's strategic land position in one of Canada's most active and prospective gold exploration districts. The new acquisition brings the Company's total Dixie East Project strike coverage to approximately 17 kilometres.The Company would like to add that there were 6 claims acquired in the transaction and no finder's fees were paid in relation to the transaction.Qualified PersonBruce Durham, P.Geo., Vice President Exploration of the Company, is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects and has reviewed and approved the scientific and technical information in this news release. Mr. Durham has verified the technical information disclosed herein through a review of historical exploration records, publicly available information relating to adjacent properties, and regional geological datasets relevant to the Dixie East Project.About BTUBTU Metals Corp. is a junior mining exploration company. BTU's primary assets are the Dixie Halo Project located in Red Lake, Ontario (operated by Kinross) immediately adjacent to the Kinross Great Bear Project and its gold and critical minerals properties in the active Wawa gold district. The Company continues to look to acquire high quality exploration projects to add to its portfolio for the benefit of its stakeholders. The Company has no debt and minimal property obligations.ON BEHALF OF THE BOARD"Paul Wood"Paul Wood, CEO, Director
pwood @Olive-683-3995
Toll Free: 1-888-945-4770Cautionary StatementTrading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking StatementsThis news release contains certain "forward-looking information" within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company is forward-looking information. Other forward-looking information includes but is not limited to information concerning: the intentions, plans and future actions of the Company.Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: risks relating to the global economic climate; dilution; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. The Company has also assumed that no significant events occur outside of the normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.SOURCE: BTU Metals Corp.View the original press release on ACCESS NewswireOriginal: BTU Additional Details Regarding Recent Acquisition
CA Market News
2週前
BTU Expands Dixie East Project with Strategic Block 3 Acquisition Adjacent to Kinross Great Bear ProjectJune 3, 2026 8:30 AM
ACCESS NewswireVANCOUVER, BC / ACCESS Newswire / June 3, 2026 / BTU METALS CORP. ("BTU" or the "Company") (TSX.V:BTU)(OTCQB:BTUMF) is pleased to announce it has entered into a definitive agreement to acquire a 100% interest in the Dixie East Block 3 Project (the "Project" or the "Property"), located approximately 6 kilometres east of the Kinross-owned Great Bear Project in the eastern part of the Red Lake District, Ontario. The newly acquired claim package is directly adjacent to the Kinross and BTU Dixie Halo Project and further augments the Company's strategic land position in one of Canada's most active and prospective gold exploration districts. The new acquisition brings the Company's total Dixie East Project strike coverage to approximately 17 kilometres (Figure 1).The Dixie East Block 3 claims strengthen the Company's district-scale exploration footprint surrounding the multi-million-ounce Great Bear gold deposit being advanced toward production by Kinross as well as the easterly extent of their recently announced high-grade Strider gold discovery.Dixie East Block 3 Acquisition Highlights:Strategic Expansion Adjacent to Kinross-Optioned Ground: The Dixie East Block 3 claims are directly contiguous with the Company's Dixie Halo Project, currently operated by Kinross under an option and Joint Venture agreement and further enhances the Company's exposure to ongoing exploration success in the broader Great Bear district and increases the Company's cumulative Dixie East land package to approximately 17 km of strike length.Located Along Prospective Regional Structural Corridor: The newly acquired claims occur within the interpreted extension of the same east-trending regional structural corridor associated with gold mineralization at the Great Bear Project, including the LP Fault system.Emerging District-Scale Gold Potential: Kinross recently reported high-grade gold drill intercepts west of the new property from the new Strider Zone, including 215.4 g/t gold over 2.1 metres, results that further support the importance of this regional scale gold mineralized structural corridor and that shows the potential of the broader mineralized system to contain high gold values well beyond the current Great Bear known mineralization.1Cost-Effective Exposure to Discovery Potential: This acquisition expands the Company's strategic land position proximal to the Great Bear gold discovery through a low-cost transaction structure that increases the Company's exposure to exploration success as well as future district-scale opportunities.Dixie East Properties cover Interpreted Location of Significant Regional Structures: The Company continues to refine the interpreted location of significant regional deep-seated structures known to control gold mineralization throughout the area by assembling and utilizing all available datasets.There is no history of gold exploration on the property. Geological interpretation and data review work completed to date has not shown any history of gold exploration on the property which is largely overburden covered. The style of a significant portion of the gold mineralization discovered at the Great Bear Project is quite unique and was in fact even overlooked in drill core that had intersected visible gold mineralization within the Great Bear corridor.The Company will commence work on the Block 3 property this summer. The Company is funded and will commence geological work immediately upon approval of the property agreement."The acquisition of Block 3 represents another important step in BTU's strategy of building a district-scale land position east of the Great Bear Project," stated Paul Wood, Chief Executive Officer of BTU. "With approximately 17 kilometres of cumulative strike coverage now controlled across the Dixie East trend, we believe the project offers significant long-term exploration potential within one of the most prolific new gold discovery areas in Canada. The proximity to Kinross' Great Bear Project and their recently announced high grade Strider gold discovery further reinforces our conviction in the broader regional structural corridor and its potential to host new areas of significant gold mineralization."Figure 1: Dixie East Project Regional Map with Geophysics and Kinross-owned Great Bear Project Terms of the TransactionPursuant to the definitive purchase agreement, the Company will acquire 100% interest in the Block 3 claim group through the issuance of an aggregate total of 800,000 common shares of the Company, a cash payment of $16,000 plus a 1.5% NSR, with the right for BTU to buy back a 0.5% interest at any time for $500,000, to the arm's length vendors. This transaction is subject to approval from the TSXV. The shares issued will be subject to normal course trading restrictions.Qualified PersonBruce Durham, P.Geo., Vice President Exploration of the Company, is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects and has reviewed and approved the scientific and technical information in this news release. Mr. Durham has verified the technical information disclosed herein through a review of historical exploration records, publicly available information relating to adjacent properties, and regional geological datasets relevant to the Dixie East Project.About BTUBTU Metals Corp. is a junior mining exploration company. BTU's primary assets are the Dixie Halo Project located in Red Lake, Ontario (operated by Kinross) immediately adjacent to the Kinross Great Bear Project and its gold and critical minerals properties in the active Wawa gold district. The Company continues to look to acquire high quality exploration projects to add to its portfolio for the benefit of its stakeholders. The Company has no debt and minimal property obligations.References1 Kinross News Release - "Kinross reports strong 2026 first-quarter results" Link NOTE: Results on the Kinross property should not be considered to be representative of results on the Company's properties.ON BEHALF OF THE BOARD"Paul Wood"Paul Wood, CEO, Director
pwood @Olive-683-3995Cautionary StatementTrading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking StatementsThis news release contains certain "forward-looking information" within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company is forward-looking information. Other forward-looking information includes but is not limited to information concerning: the intentions, plans and future actions of the Company.Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: risks relating to the global economic climate; dilution; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. The Company has also assumed that no significant events occur outside of the normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.SOURCE: BTU Metals Corp.View the original press release on ACCESS NewswireOriginal: BTU Expands Dixie East Project with Strategic Block 3 Acquisition Adjacent to Kinross Great Bear Project
CA Market News
1月前
BTU Acquires Property East of Great Bear's World Class Dixie Gold Deposit and Their New Strider Gold DiscoveryMay 13, 2026 8:00 AM
ACCESS NewswireVANCOUVER, BC / ACCESS Newswire / May 13, 2026 / BTU METALS CORP. ("BTU" or the "Company") (TSX-V:BTU)(OTCQB:BTUMF) is pleased to announce it has signed an option to acquire a 100% interest in the Dixie East Block 2 property located approximately 30 km east of the Kinross ‘World Class' Great Bear ("GBR") Dixie Project, southeast of Red Lake, Ontario. The claim package consists of 49 mining claims covering 2,450 acres approximately 2 kilometres northeast of the recently acquired Dixie East Project (see PR dated October 27, 2025), referred to as Dixie East Block 1 (See Figure 1).New Property Acquisition Highlights:Strategic Land Expansion in Tier-1 Red Lake District: Option to acquire a 100% interest in the Dixie East Block 2 claims, located approximately 30 km east of the Great Bear Dixie Project, further consolidating the Company's position near Canada's newest World Class gold discovery.District-Scale Upside Along Prospective Mineral Corridor: Newly acquired claims are underexplored and situated within the interpreted location of the same generally east trending structural corridor that hosts gold and base metal mineralization regionally, enhancing the broader exploration potential of the Dixie East Project and supporting a district-scale growth strategy.Recent Research Initiatives Identified Deep Regional Structures: cutting through the area, these structures include the host for gold at the Great Bear deposit - the LP fault - The actual data supporting the location of the LP (lithoprobe) structure was collected along Highway 105 roughly halfway between the Great Bear Gold Deposit and the Dixie East area.1New scientific research: has determined the age of the Great Bear main gold mineralizing event to be much younger than the enclosing host rocks, highlighting the strong association of structure and the gold mineralization. The study also highlights the association of gold mineralization with highly deformed felsic intrusive rocks similar to those found in some historic drill holes in the Dixie East area.Kinross Discovers New Gold Mineralization: recently disclosed high grade gold results up to 215.4 g/t gold over 2.1 metres at a location called Strider, 2.4 kilometres east of the Viggo gold area and planned open pit, indicating the Great Bear gold mineralization is more extensive than previously known.2Low-Cost Option with Strong Leverage to Discovery: BTU can earn 100% interest in the property through modest staged payments totalling $78,000 and issuing 400,000 shares to the vendor over four years, thereby providing cost-effective exposure to exploration upside with minimal near-term financial burden.Figure 1: Dixie East Project Regional MapPaul Wood, CEO, commented: "We're very pleased to expand our total footprint in the Dixie East area with the acquisition of this prospective land package, a strategic addition that strengthens the long-term potential of our existing Dixie East project. This move positions us to unlock new opportunities for growth, value creation, and sustained success in an increasingly dynamic gold market.Terms of the Dixie East TransactionTo acquire 100% interest in the Dixie East Block 2 claims (49) the Company is required to make cumulative cash payments of $78,000 over 4 years and is required to issue 400,000 shares to the vendor. This transaction is subject to approval by the TSXV. The shares issued will be subject to normal course trading restrictions.Qualified PersonBruce Durham, P. Geo., VP Exploration of the Company is a qualified person as defined by National Instrument 43-101 and has reviewed and approved the technical information in this press release.About BTUBTU Metals Corp. is a junior mining exploration company. BTU's primary assets are the Dixie Halo Project located in Red Lake, Ontario (optioned to Kinross) immediately adjacent to the Kinross Great Bear Project and its gold and critical minerals properties in the active Wawa gold district. The Company continues to look to acquire high quality exploration projects to add to its portfolio for the benefit of its stakeholders. The Company has no debt and minimal property obligations.References1 Red Lake Lithoprobe Cross-Section, Zeng & Calvert, 2006.2 Kinross News Release - "Kinross reports strong 2025 first-quarter results" LinkON BEHALF OF THE BOARD
"Paul Wood"
Paul Wood, CEO, Director
pwood @Olive-683-3995Cautionary StatementTrading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking StatementsThis news release contains certain "forward-looking information" within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company is forward-looking information. Other forward-looking information includes but is not limited to information concerning: the intentions, plans and future actions of the Company.Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: risks relating to the global economic climate; dilution; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. The Company has also assumed that no significant events occur outside of the normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.SOURCE: BTU Metals Corp.View the original press release on ACCESS NewswireOriginal: BTU Acquires Property East of Great Bear's World Class Dixie Gold Deposit and Their New Strider Gold Discovery
CA Market News
3月前
BTU Closes Oversubscribed FinancingMarch 23, 2026 7:55 PM
ACCESS NewswireVANCOUVER, BC / ACCESS Newswire / March 23, 2026 / BTU METALS CORP. ("BTU" or the "Company") (TSXV:BTU)(OTCQB:BTUMF) is pleased to announce it has closed its previously announced non-brokered private placement (see news release dated March 17, 2026), which is oversubscribed, for aggregate gross proceeds of $663,900 (the "Private Placement"). The financing consisted of 11,065,000 units (the "Units") priced at $0.06 per Unit.Proceeds raised from the Offering will be used to advance exploration programs across its Ontario project portfolio, including Red Lake and Wawa, and for general working capitalEach unit comprises one common share of the company and one-half of one common share purchase warrant. Each whole warrant shall entitle the holder thereof to acquire one common share of BTU at a price of $0.10 for a period of 12 months following the closing of the offering.In connection with the oversubscribed offering, the Company paid finders' fees to eligible finders consisting of $16,981.20 in cash and 283,020 non-transferable common share purchase warrants. Each finder warrant is exercisable to acquire one common share in the capital of the company at an exercise price of $0.075 per common share for a period of 12 months from the date of issuance.A senior officer of the Corporation has subscribed for an aggregate of 170,000 Units as part of the Private Placement, which participation constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101") and Policy 5.9 of the TSXV. The Corporation is relying on the exemption for a formal valuation under section 5.5(b) of MI 61-101 (trading on the TSXV), and on the exemption for minority shareholder approval under section 5.7(1)(b) of MI 61-101 (fair market value of less than $2,500,000).The securities issued under the offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities. Closing of the offering is subject to approval of the TSX Venture Exchange.Paul Wood, CEO of BTU Metals Corp., stated "We are pleased to close this oversubscribed financing and welcome new shareholders to BTU. With this funding, alongside our recent flow-through financing, we are well-positioned to advance exploration across our Red Lake and Wawa projects and build on the momentum outlined in our February 12 update."Bruce Durham, P. Geo., VP Exploration of the Company is a qualified person as defined by National Instrument 43-101 and has reviewed and approved the technical information in this press release.About BTUBTU Metals Corp. is a junior mining exploration company. BTU's primary assets are the Dixie Halo Project located in Red Lake, Ontario (optioned to Kinross) immediately adjacent to the Kinross Great Bear Project and its gold and critical minerals properties in the active Wawa gold district. The Company continues to look to acquire high quality exploration projects to add to its portfolio for the benefit of its stakeholders. The Company has no debt and minimal property obligations.ON BEHALF OF THE BOARD
"Paul Wood"
Paul Wood, CEO, Director
pwood @Olive-683-3995
Toll Free: 1-888-945-4770Cautionary StatementTrading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking StatementsThis news release contains certain "forward-looking information" within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company is forward-looking information. Other forward-looking information includes but is not limited to information concerning: the intentions, plans and future actions of the Company.Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: risks relating to the global economic climate; dilution; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. The Company has also assumed that no significant events occur outside of the normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.SOURCE: BTU Metals Corp.View the original press release on ACCESS NewswireOriginal: BTU Closes Oversubscribed Financing
CA Market News
3月前
BTU Announces FinancingMarch 17, 2026 4:10 PM
ACCESS NewswireVANCOUVER, BC / ACCESS Newswire / March 17, 2026 / BTU METALS CORP. ("BTU" or the "Company") (TSXV:BTU)(OTCQB:BTUMF) announces it has arranged a non-brokered private placement financing (the "Private Placement") to raise aggregate gross proceeds of up to $630,000 by way of issuing up to 10.5 million units (the "Units") at a price of $0.06 per Unit (the "Offering"). Proceeds raised from the Offering will be used for work programs at its portfolio of Ontario projects as well as for general working capital.Each unit shall be comprised of one common share of the company and one-half of one common share purchase warrant. Each whole warrant shall entitle the holder thereof to acquire one common share of BTU at a price of $0.10 for a period of 12 months following the closing of the offering.Finders' fees will be payable on the private placement.Closing of the offering is subject to approval of the TSX Venture Exchange.The securities issued under the offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities.With this funding, the $885,000 flow-through raised late last year and funds still on hand, BTU is fully funded well into 2027. Work is continuing on three of the four major properties in BTU's portfolio, see PR dated February 12, 2026.Paul Wood, CEO of BTU Metals Corp., stated "We laid out our 2026 plans at the outset of this year and we are on track. With drills to be turning on three of our properties over the course of this year we have multiple potential catalysts to create increased shareholder value."Bruce Durham, P. Geo., VP Exploration of the Company is a qualified person as defined by National Instrument 43-101 and has reviewed and approved the technical information in this press release.About BTUBTU Metals Corp. is a junior mining exploration company. BTU's primary assets are the Dixie Halo Project located in Red Lake, Ontario (optioned to Kinross) immediately adjacent to the Kinross Great Bear Project and its gold and critical minerals properties in the active Wawa gold district. The Company continues to look to acquire high quality exploration projects to add to its portfolio for the benefit of its stakeholders. The Company has no debt and minimal property obligations.ON BEHALF OF THE BOARD
"Paul Wood"
Paul Wood, CEO, Director
pwood @Olive-683-3995
Toll Free: 1-888-945-4770Cautionary StatementTrading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking StatementsThis news release contains certain "forward-looking information" within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company is forward-looking information. Other forward-looking information includes but is not limited to information concerning: the intentions, plans and future actions of the Company.Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: risks relating to the global economic climate; dilution; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. The Company has also assumed that no significant events occur outside of the normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.SOURCE: BTU Metals Corp.View the original press release on ACCESS NewswireOriginal: BTU Announces Financing
CA Market News
4月前
BTU Option GrantFebruary 16, 2026 1:30 PM
ACCESS NewswireVANCOUVER, BC / ACCESS Newswire / February 16, 2026 / BTU METALS CORP. ("BTU" or the "Company") (TSX:V:BTU)(OTCQB:BTUMF) announces it has granted a total of 4,000,000 stock options to directors, officers and consultants of the company exercisable at a price of $0.07 per share for a period of three years from the date of grant. The options have been granted in accordance with the company's stock option plan.About BTUBTU Metals Corp. is a junior mining exploration company. BTU's primary assets are the Dixie Halo Project located in Red Lake, Ontario (optioned to Kinross) immediately adjacent to the Kinross Great Bear Project, the Dixie East project and its gold and critical minerals properties in the active Wawa gold district. The Company continues to look to acquire high quality exploration projects to add to its portfolio for the benefit of its stakeholders. The Company has no debt and minimal property obligations.ON BEHALF OF THE BOARD"Paul Wood"Paul Wood, CEO, Director
pwood @Olive-683-3995
Toll Free: 1-888-945-4770Cautionary StatementTrading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking StatementsThis news release contains certain "forward-looking information" within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company is forward-looking information. Other forward-looking information includes but is not limited to information concerning: the intentions, plans and future actions of the Company.Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: risks relating to the global economic climate; dilution; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. The Company has also assumed that no significant events occur outside of the normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.SOURCE: BTU Metals Corp.View the original press release on ACCESS NewswireOriginal: BTU Option Grant