DNI Metals Inc. Update - Steve Goertz Arrested, all Malagasy Visas Permanently Revoked and Escorted by Police to Plane to Depart Madagascar For Life
Toronto, Ontario--(Newsfile Corp. - December 23, 2022) - DNI Metals Inc. (OTC: DMNKF) ("DNI" or the "Company").Decision of Madagascar Supreme CourtOn February 15, 2022, the Cassation (Supreme Court, "the Court") of Madagascar held a trial. Neither Mr. Goertz nor his lawyers attended the trial. On March 15, 2022, the Court rendered its decision, which cannot be appealed according to our counsel in Madagascar. The court found Mr. Goertz guilty of fraud, embezzling DNI's funds, and forgery of...
2022-12-23 11:08 AM EST
DNI Metals Update - Cassation (Supreme Court of Madagascar) Finds Mr. Steven Goertz Guilty of Fraud and of Forgery of Official Government Documents
Toronto, Ontario--(Newsfile Corp. - July 27, 2022) - DNI Metals Inc. (OTC: SMNKF) ("DNI" or the "Company").Decision of Madagascar Supreme CourtOn February 15, 2022, the Cassation (Supreme Court, "the Court") of Madagascar held a trial (see Background to the case below). Neither Mr. Goertz nor his lawyers attended the trial. On March 15, 2022, the Court rendered its decision, which cannot be appealed according to our counsel in Madagascar. The Court upheld the original sentencing of two years...
2022-07-27 4:52 PM EDT
DNI Metals - Update
Toronto, Ontario--(Newsfile Corp. - July 2, 2019) - DNI Metals Inc. (CSE: DNI) (OTC Pink: DNMKF) ("DNI" or the "Company"). Requests for GraphiteDNI has received numerous requests for graphite from India, Europe and the USA. Potential customers are looking for supplies other than their traditional supply from China.Dan Weir, CEO, commented: "The reason DNI entered the Graphite market in 2015, was through the research that we completed in 2014. Our team of experts have developed and/or operated...
2019-07-02 2:25 PM EDT
DNI Metals - Full Resource Report Filed on Sedar
Toronto, Ontario--(Newsfile Corp. - May 15, 2019) - DNI Metals Inc. (CSE: DNI) (OTC Pink: DNMKF) ("DNI" or the "Company") is very pleased to announce that it has filed on Sedar the full report of its initial National Instrument 43-101 Mineral Resource Estimate for its Vohitsara Graphite deposit in Madagascar.Dan Weir, CEO, commented: "When comparing one graphite deposit to another it is important to look at multiple factors:The Grade The size, and potential size of the deposit.Flake size...
2019-05-15 11:38 AM EDT
DNI will Cease to Trade as It Focuses on Completing the Audited Financials, since the Environmental Licences are Almost Complete
Toronto, Ontario--(Newsfile Corp. - May 7, 2019) - DNI Metals Inc. (DNI: CSE) (OTC Pink: DMNKF) ("DNI" or the "Corporation")Application to the Autorité des marchés financiers (the "AMF")DNI made an application to the AMF for a management cease trade order (the "MCTO"), which would restrict all trading in securities of the Corporation, whether direct or indirect, by management of the Corporation while the annual financials are being completed. The MCTO would not have affected the ability of...
2019-05-07 1:01 PM EDT
DNI Metals - DNI Nears Completion of Environmental License and Extends Warrant Exercise to May 17, 2019
Toronto, Ontario--(Newsfile Corp. - April 29, 2019) - DNI Metals Inc. (CSE: DNI) (OTC: DNMKF) ("DNI" or the "Company"). Environmental LicenseDNI has been in contact with the Office National pour l'Environnement Madagascar, ("ONE"), both the regional office, located in the port city, Tamatave, 50 kms from DNI's Projects, and the head office in the capital city of Madagascar.The ONE has collected all the information needed to complete the licensing process and has informed DNI that it does not...
2019-04-29 7:46 AM EDT
DNI Announces Delay in Filing Annual Financial Statements
Toronto, Ontario--(Newsfile Corp. - April 29, 2019) - DNI Metals Inc. (CSE: DNI) (OTC PINK: DMNKF) ("DNI" or the "Corporation").Change of Financial year end to December 31At DNI's last annual meeting, a motion was approved by shareholders to change DNI's year end to December 31. The previous year end was March 31.DNI's subsidiaries in Madagascar and Mauritius are required to Decembe
2019-04-29 6:24 AM EDT
DNI Metals - Settlement Agreement with Cougar Metals is in Good Standing
Toronto, Ontario--(Newsfile Corp. - April 24, 2019) - DNI Metals Inc. (CSE: DNI) (OTC: DNMKF) ("DNI" or the "Company"). Cougar - Settlement AgreementDNI signed a settlement agreement reached with Cougar Metals on September 24, 2018: Details of the Settlement:DNI will pay to Cougar:Eight quarterly payments of C$250,000, starting 6 months from the settlement date or 14 days after DNI's next successful financing; and Two additional payments of C$250,000 will be made in addition to the third and...
2019-04-24 11:05 AM EDT
DNI Metals - Extension of Warrant exercise to April 30, 2019
Toronto, Ontario--(Newsfile Corp. - April 18, 2019) - DNI Metals Inc. (CSE: DNI) (OTC: DNMKF) ("DNI" or the "Company"). Extension and Re-Pricing of Warrants ("wts")DNI has the following wts that were due to expire: Date # of wts Exercise Price
2019-04-18 1:19 PM EDT
DNI's Legal Team agreed to take a portion of their payments in Shares
Toronto, Ontario--(Newsfile Corp. - April 6, 2018) - DNI Metals Inc. (CSE: DNI) ("DNI" or the "Company"), DNI announces that some members of the DNI legal team have agreed to take a portion of their payment in Shares. DNI will issue 1,691,562 shares as part of this arrangement, and payment of other debt.DNI - Canadian Securities ExchangeDMNKF - OTCIssued: 100,632,580For further information, contact:DNI Metals Inc. - Dan Weir, CEO 416-595-1195DanWeir@dnimetals.comAlso visit...
2018-04-06 5:40 PM EDT
DNI Metals: Assays for an Additional 17 Drill Holes and 1 Trench Received; Including 14.64m Grading 9.92% Graphitic Carbon from Surface and 24.00m Grading 7.71% Graphitic Carbon in Trenching (4m depth)
Toronto, Ontario--(Newsfile Corp. - March 5, 2018) - DNI Metals Inc. (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company")Highlights:VHTAC0018: 10.50m@6.81% GC; from 4.00m in northern Main Zone;VHTDD0021: 21.49m@5.24% GC; from 25.23m in northern Main Zone;VHTDD0022: 14.52m@7.49% GC; from 0.50m (incl. 3.77m@12.00% GC; from 2.25m) in northern Main Zone;VHTDD0028: 14.64m@9.92% GC; from 0.00m (incl. 2.84m@13.44% GC; from 2.66m & 5.15m@10.24% GC; from 6.00m) in central Main Zone;Trench...
2018-03-05 12:19 PM EST
DNI Metals - Delivers Bulk Sample to India
Toronto, Ontario--(Newsfile Corp. - January 25, 2018) - DNI Metals Inc. (CSE: DNI) ("DNI" or the "Company") DNI is pleased to announce that it has now delivered a 28 tonne bulk sample to India. This sample comprises 14 tonnes from each of the Main Zone ('MZ') and Southwest Zone ('SWZ'), of DNI's 100% owned Vohitsara graphite project in Madagascar. The Indian group, a potential off-take customer, will process the material at its plant, and report the results back...
2018-01-25 9:57 AM EST
DNI Metals - Assays for an Additional 5 of 46 Drill Holes Received; Including 18m Grading 8.63% Graphitic Carbon
Toronto, Ontario--(Newsfile Corp. - January 22, 2018) - DNI Metals Inc. (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company")HighlightsVHTAC0047: 7.50m @ 8.00% GC; from 16.00mVHTAC0049: 4.50m @ 7.75% GC; from 7.00mVHTAC0052: 18.00m @ 8.63% GC; from 5.50m (incl. 9.00m @ 11.19%GC; from 13.00m);DNI Is pleased to announce the follo
2018-01-22 10:46 AM EST
DNI Signs an Agreement with Blockmine Development Inc. to Incorporate Blockchain Technology into Its Business Model
Toronto, Ontario--(Newsfile Corp. - January 18, 2018) - DNI Metals Inc. (DNI: CSE) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company") has signed a client contract with Blockmine Development Inc. ("BMD") to participate in the advancement of BMD's blockchain developing platform. The proposed platform will investigate the possibilities of using or creating cryptocurrency which will be integrated into DNI's business models.DNI intends to be a leader in using blockchain technology in its...
2018-01-18 8:53 AM EST
DNI Metals - Signs Binding Agreement with Korea Graphite to Supply Flake Graphite for Korean End Users Subject to Korea Graphite Finalising Offtake Agreements with Korean End Users
Toronto, Ontario--(Newsfile Corp. - January 15, 2018) - DNI Metals Inc. (CSE: DNI) (OTC Pink: DMNK) (FSE: DG7N) ("DNI" or the "Company") has signed a binding supply letter agreement ("Binding Supply Agreement"), with Korea Graphite Co. Ltd ("Korea Graphite" or "KGL") a 100% owned subsidiary of Peninsula Mines Ltd ("Peninsula", ASX:PSM), that includes a commitment by DNI to supply up to 24,000 tonnes per year of flake graphite to Korea Graphite, subject to Korea Graphite finalising offtake...
2018-01-15 10:55 AM EST
DNI Metals - Assays for Additional 4 of 28 Diamond Core Holes Received; Including 11m Grading 5.38% Graphitic Carbon
Toronto, Ontario--(Newsfile Corp. - January 10, 2018) - DNI Metals Inc. (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company")HighlightsVHTDD017: 12.90m @ 4.71% GC; from 3.20m (incl. 5.40m @ 7.44% GC; from 10.70m)VHTDD014: 11.25m @ 5.38% GC; from 38.64m (incl. 3.46m @ 7.42%GC; from 43.54m)
2018-01-10 2:30 PM EST
DNI Terminates Option Agreement with Cougar Metals
Toronto, Ontario--(Newsfile Corp. - December 8, 2017) - DNI Metals Inc. (CSE: DNI) (OTC Pink: DMNKF) ("DNI" or the "Company") DNI has today terminated the agreement dated March 24, 2017 between DNI and Cougar Metals NL ("Cougar") in respect to the Vohitsara Property (the "Option Agreement").On December 1, 2017 DNI issued Cougar a Notice of Default. Under the Option Agreement, Cougar had seven days to remedy the Defaults. In the event that certain of the Defaults are not remedied,...
2017-12-08 8:45 AM EST
DNI Metals - First 12 of 28 Diamond Core Assays Received; Including 34m Grading 5.63% Graphitic Carbon
Toronto, Ontario--(Newsfile Corp. - December 7, 2017) - DNI Metals Inc. (DNI: CSE) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company").HighlightsVHTDD007: 12.00m @ 9.28% GC; from 1.00m (incl. 4.50m @ 12.00% GC; from 1.00m)VHTDD009: 13.50m @ 8.21% GC; from 5.50m (incl. 3.00m @ 10.60%GC; from 7.00m);VHTDD011: 18.00m @ 5.01% GC; from 2.50m (incl. 3.00m @ 7.22% GC; from 2.50m);VHTDD012: 34.00m @ 5.63% GC; from sur
2017-12-07 11:02 AM EST
DNI - Graphite Project(s) Update
Toronto, Ontario--(Newsfile Corp. - December 4, 2017) - DNI Metals Inc. (DNI : CSE) (OTC Pink: DMNKF) ("DNI" or the "Company") DNI is pleased to report the following update for its two Madagascar graphite projects:Graphite Project #1 — Vohitsara — 100% DNI owned and moving forward.1. Drillinga. Just over 2,700 meters of combined drilling was completed in 2017. Drilling focused entirely on saprolitic hosted, weathered material. The average depth of the holes was approximately 28 meters.b. Of...
2017-12-04 2:31 PM EST
DNI Metals Inc. Issues Cougar Metals a Letter of Default
Toronto, Ontario--(Newsfile Corp. - December 1, 2017) - DNI Metals Inc. (CSE: DNI) (OTC Pink: DMNKF) ("DNI" or the "Company"). DNI has today issued Cougar Metals NL ("Cougar") a letter of default in respect of the agreement (the "Option Agreement") dated March 24, 2017 between DNI and Cougar.Pursuant to the terms of the Option Agreement, Cougar was to, among other things, complete a NI 43-101 compliant resource report (the "Resource Report") on DNI's Vohitsara project in Madagascar by June...
2017-12-01 8:47 AM EST