Tax Convention Signed Between Canada and Madagascar DNI to Form Mauritian Company - DNI Saprolite Graphite Advantage
Toronto, Ontario--(Newsfile Corp. - April 3, 2017) - DNI Metals Inc. (DNI: CSE) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company") DNI is pleased to announce the following:A tax treaty has been signed between Canada and Madagascar, see details below.Royalties for mining assets in Madagascar are as follows: a) 2 percent of gross exports of raw commodities b) 1 percent if minerals are processed locally before exportDNI has started the process of forming...
2017-04-03 10:06 AM EDT
DNI Metals Completes DA with Cougar Metals - Drilling to Start - Saprolite Graphite Advantage
Toronto, Ontario--(Newsfile Corp. - March 27, 2017) - DNI Metals Inc. (DNI: CSE) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company"). DNI is pleased to announce the following:The Definitive Agreement "DA" was finalized and signed on Friday March 24, 2017 with Cougar Metals in which Cougar can earn into 50% of DNI's Madagascar Graphite Project.Cougar has completed a financing in which it has sufficient funds to complete the earn-in.NI 43-101 Resource Report must be completed by June 30,...
2017-03-27 10:09 AM EDT
DNI Metals: Madagascar Mining Permit - Graphite Saprolite Advantage
Toronto, Ontario--(Newsfile Corp. - March 16, 2017) - DNI Metals Inc. (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company").DNI Metals Inc. "DNI" has a commercial Mining Permit ("Permis de Exploitation" or "PE") over its Vohitsara graphite project in Madagascar. Originally an artisanal mining permit ('PRE') at the time of the transaction, the Mining permit was granted by the Madagascar Minister for Mines through the national mining cadastre office ("Bureau du Cadastre Minier de...
2017-03-16 11:49 AM EDT
DNI Metals Receives Purchase Order for 2,320 Tonnes of Graphite
Toronto, Ontario--(Newsfile Corp. - March 13, 2017) - DNI Metals Inc. (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company"). DNI will deliver 2,320 metric tonnes of graphite to a customer's facility in the United States. Monthly Shipments will commence in July and completed by December 2017. About DNI MetalsCertain, advisors and directors of DNI have built and worked at historical hard rock graphite mines in Canada (Ontario and Quebec) and Australia. Between them, they...
2017-03-13 9:26 AM EDT
DNI's visits largest Graphite mine in the world located in Brazil to set its shipment schedule for 2017 - Brazil and Madagascar - Saprolite Advantage
Toronto, Ontario--(Newsfile Corp. - March 1, 2017) - DNI Metals Inc. (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company") On February 23, 2017,DNI travelled with one of its graphite wholesale clients to BrazilDNI is purchasing graphite from a producer in Brazil.Purpose was to finalize the graphite shipment schedule for 2017 and inspect the mine and processing plant.The mine is the largest graphite mine in the world, producing between 40-48,000 tonnes of fine and med flake...
2017-03-01 9:00 AM EST
DNI Metals Inc Update on Madagascar Graphite Project, Madagascar - Saprolite Advantage
Toronto, Ontario--(Newsfile Corp. - February 9, 2017) - DNI Metals Inc (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company") is pleased to announce:Drilling rig dispatched from Brazil and will arrival in Madagascar within the next 21 days. Drilling to commence in March.The project is permitted for production.Local communities engaged and supportive of exploration and potential mining activitiesIndependent Metallurgical Laboratories engaged to Manage PEASahara Mining Services...
2017-02-09 8:00 AM EST
DNI's Saprolite graphite advantage over "Hard Rock" deposits
Toronto, Ontario--(Newsfile Corp. - January 26, 2017) - DNI Metals Inc. (CSE: DNI) ("DNI" or the "Company"): Certain, advisors and directors of DNI have built and worked at historical mines in Canada (Ontario and Quebec) and Australia. They built three graphite processing plants and designed two others, all which were shut down in the 1990's due to increased Chinese competition.It was our team's understanding of the high production and capital expenditure costs associated with "hard rock"...
2017-01-26 3:28 PM EST
DNI Metals Inc Signs LOI to Vend it's Alberta Project for $1 Million in Cash and Securities
Toronto, Ontario--(Newsfile Corp. - December 23, 2016) - DNI Metals Inc. (DNI: CSE) ("DNI" or the "Company") completes a Letter Of Intent "LOI", with BullRun Capital, whereas BullRun plans to purchase DNI's, Alberta Mining project known as the SBH or Buckton project.BullRun Capital plans to complete an IPO or RTO into a public company "Pubco" with DNI's SBH project and other projects. Terms of the Deal1. $150,000 cash paid to DNI, upon signing of Definitive Agreement "DA"2. $250,000 cash paid...
2016-12-23 8:12 AM EST
CLARIFICATION: DNI Metals Inc Signs LOI Valued Up to $4.5 Million
Toronto, Ontario--(Newsfile Corp. - December 16, 2016) - DNI Metals Inc. (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company").The following clarification and retraction has been requested by IIROC.DNI has not completed a NI-43-101 resource or PEA for its Madagascar Graphite project, known as the Vohitsara project. DNI plans to complete these documents in 2017, as per the agreement with Cougar Metals. DNI cannot publicly comment on costs until these reports are complete.Cougar...
2016-12-16 1:47 PM EST
DNI Metals Inc. Signs LOI Valued up to $4.5 Million
Toronto, Ontario--(Newsfile Corp. - December 16, 2016) - DNI Metals Inc. (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company"). DNI completes a Letter Of Intent "LOI", with Cougar Metals to develop DNI's Vohitsara, Madagascar Graphite Project.Cougar owns 8 drill rigs, and has competence to complete a 3,000m drilling program, a 1,000m trenching program, a NI 43-101 resource study, and a NI 43-101 PEA for DNI's Vohitsara Project. As per the LOI, this work...
2016-12-16 9:03 AM EST
DNI Metals Inc., Mutually Agrees to Terminate Merger Discussions with CR Capital to Pursue Other Options
Toronto, Ontario--(Newsfile Corp. - June 20, 2016) - DNI Metals Inc. (CSE: DNI) (OTC: DMNKF) (FSE: DG7N) ("DNI" or the "Company") has mutually agreed to terminate merger discussions with CR Capital Corp (TSXV: CIT-H) in respect of the Non-Binding Letter of Intent signed on January 27, 2016.DNI — Canadian Securities ExchangeDG7N — FrankfurtDMNKF - OTCIssued: 39,724,204For further information, contact:DNI Metals Inc. — Dan Weir, President & CEO 416-595-1195DanWeir@dnimet
2016-06-20 5:19 PM EDT
DNI Metals Inc. Appoints New Director
Toronto, Ontario--(Newsfile Corp. - June 3, 2016) - DNI Metals Inc. (CSE: DNI) (OTC: DMNKF) (FSE: DG7N) ("DNI" or the "Company") DNI adds New Director, Keith Minty, a mining engineer to help with the development of the Vohitsara Graphite Deposit.Mr. Minty, P. Eng. MBA has more than 30 years professional experience in mineral resource exploration and development in precious and base metals, industrial minerals and coal in Canada and internationally. Mr. Minty has directly involved in the...
2016-06-03 9:06 AM EDT
DNI Metals Inc. Appoints Lithium Ion Battery and Fuel Cell Experts to the Board of Directors
Toronto, Ontario--(Newsfile Corp. - May 25, 2016) - DNI Metals Inc. (DNI: CSE) (FSE: DG7N) ("DNI" or the "Company") As part of the transformation that DNI Metals has achieved over the past 18 months, DNI is adding Lithium Ion Battery and Fuel Cell expertise to the board of Directors. This will help position DNI to take full advantage of the "clean technology revolution".DNI views the "clean technology revolution" as: - Electricity storage...
2016-05-25 1:12 PM EDT
DNI Metals Inc. Announces Completion of $500,000.00 Financing
Toronto, Ontario--(Newsfile Corp. - May 19, 2016) - DNI Metals Inc. (CSE: DNI) (FSE: DG7N) ("DNI" or the "Company") Further to its news release dated January 29, 2016, the Company has closed, subject to final Regulatory approval, the final tranche (the "Final Tranche") of its non-brokered private placement financing (the "Private Placement"). The Final Tranche comprises 1,475,000 units of the Company (the "Units") at a price of Cdn$0.05 per Unit for aggregate gross proceeds of Cdn$73,750.00...
2016-05-19 8:01 AM EDT
DNI Metals Inc. Announces Closing of Fourth Tranche of Private Placement
Toronto, Ontario--(Newsfile Corp. - April 19, 2016) - DNI Metals Inc. (CSE: DNI) (FSE: DG7N) ("DNI" or the "Company") Further to its news release dated January 29, 2016, the Company has closed, subject to final Regulatory approval, the fourth tranche (the "Fourth Tranche") of its non-brokered private placement financing (the "Private Placement"). The Fourth Tranche comprises 700,000 units of the Company (the "Units") at a price of Cdn$0.05 per Unit for aggregate gross proceeds of Cdn$35,000....
2016-04-19 7:30 AM EDT
DNI Metals Inc. Closes Third Tranche of Private Placement
Toronto, Ontario--(Newsfile Corp. - April 15, 2016) - DNI Metals Inc. (CSE: DNI) (FSE: DG7N) ("DNI" or the "Company") Further to its news release dated January 29, 2016, the Company has closed, subject to final Regulatory approval, the third tranche (the "Third Tranche") of its non-brokered private placement financing (the "Private Placement"). The Third Tranche comprises 4,224,000 units of the Company (the "Units") at a price of Cdn$0.05 per Unit for aggregate gross proceeds of Cdn$211,200....
2016-04-15 9:55 AM EDT
DNI Update
Toronto, Ontario--(Newsfile Corp. - March 30, 2016) - DNI Metals Inc. (CSE: DNI:) (FSE: DG7N) ("DNI" or the "Company") announces that, it has received 2 term sheets for funding that would form part of the $7 million funding package for DNI's 2016 business plan, that includes the development of DNI's Madagascar graphite project and the purchase of the Lab/Tech Centre announced in a press release dated Aug. 25, 2015.Further to its news release dated January 29, 2016, the Company has...
2016-03-30 8:44 AM EDT
DNI Metals to Host an Investor Tour and Graphite Floatation Demo
Toronto, Ontario--(Newsfile Corp. - March 4, 2016) - DNI METALS INC. (CSE: DNI) (FSE: DG7N). The largest mining convention in the world starts in Toronto this Sunday March 6th through Wednesday March 9th. DNI is arranging an Investors' tour of the Tech Facility that DNI is purchasing: a cash-flowing, established Laboratory and Technology Facility, located in the Greater Toronto Area on Wednesday March 9th at 10:00 am, located 30 mins from Downtown Toronto. DNI will provide a guided tour...
2016-03-04 8:00 AM EST
DNI Metals Files NI 43-101 Technical Report on Its Vohitsara Graphite Project in Madagascar
Toronto, Ontario--(Newsfile Corp. - March 3, 2016) - DNI METALS INC. (CSE: DNI) (FSE: DG7N) has received and filed on SEDAR the National Instrument 43-101 Technical Report ("Report") on its 100%-owned Vohitsara Graphite Project in Madagascar, completed by Qualified Person Mr. Steven Goertz, Principal, Hendry Consulting. A copy of the document may be obtained via www.sedar.com and on the Company's website www.dnimetals.com. The Report is focused on the Main Zone at the Vohitsara Project and in...
2016-03-03 8:00 AM EST
DNI Metals Identifies an Additional Mineralised Zone on Its Vohistara Graphite Project, Madagascar
Toronto, Ontario--(Newsfile Corp. - March 1, 2016) - DNI METALS INC. (CSE: DNI) (FSE: DG7N) is pleased to announce the discovery of an additional zone of graphite mineralisation on the Company's 100%-owned Vohitsara Graphite Project in Madagascar.The Maps below show the new zone and to the east; the main area, the focus of DNI's July 2015 trenching program....
2016-03-01 10:33 AM EST