Transition Metals Corp.

Recent News

  • Transition Sells Portfolio of Royalty Interests to Nova Royalties for $1,000,000 Million Cash and 525,000 Shares

    Sudbury, Ontario--(Newsfile Corp. - September 8, 2020) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") reports that the Company has entered into an agreement to sell a portion of its portfolio of royalties to Nova Royalties Corp. (Nova) for $1,072,500 in cash and 525,000 shares of Nova. In addition, the agreement includes a potential $2.0 million in additional milestone payments. The sale of royalties to Nova includes:One half of the Company's 2.5% net smelter return royalty ("NSR") on...

    2020-09-08 9:10 AM ET
  • Transition Provides Update on Work at Wollaston Copper Project in Saskatchewan and Purchases Mining Claims

    Sudbury, Ontario--(Newsfile Corp. - September 1, 2020) - Transition Metals Corp. (TSXV: XTM) ("Transition", "XTM", the "Company") has completed a helicopter-supported, tree-top, bio-geochemical survey over its 100% owned, 150 square kilometre Wollaston Copper Project located approximately 60 kilometres southwest of the Rio Tinto Exploration Canada (RTEC) and Forum Energy Metal's (Forum) Janice Lake project in north central Saskatchewan (Figure 1). The survey work included the collection of more than 600 bio-geochem samples on 500 metre design spacing. In addition,...

    2020-09-01 2:50 PM ET
  • Transition's Investment Is Enhanced by SPC Metals' Completion of a Private Placement and Development of a Strategic Relationship with Dundee Goodman Merchant Partners

    Sudbury, Ontario--(Newsfile Corp. - August 25, 2020) - Transition Metals Corp (TSXV: XTM) ("Transition", "XTM") is pleased to announce that its investment in Sudbury Platinum Corporation ("SPC Metals") has been enhanced through the completion of a private placement by SPC Metals and the development of an strategic relationship with Dundee Goodman Merchant Partners ("DGMP"). SPC announced that it has completed a private placement totaling $2,174,000 consisting of 9,837,500 common shares ("Shares") at a price of $0.16 per share, for proceeds...

    2020-08-25 9:10 AM ET
  • Transition Initiates Field Work at Wollaston Copper Project in North Central Saskatchewan

    Sudbury, Ontario--(Newsfile Corp. - August 17, 2020) - Transition Metals Corp (TSXV: XTM) ("Transition", "XTM") reports that it has initiated field work on the Wollaston Copper project in north central Saskatchewan. The project is located approximately 60 kilometres southwest along strike from the Janice Lake project, a sedimentary-hosted copper project being aggressively explored by Rio Tinto Exploration Canada (RTEC) and Forum Energy Metals (Forum). Forum optioned the Janice Lake property from Transition and has further optioned a portion of its...

    2020-08-17 9:10 AM ET
  • Transition Metals Options its Fostung Tungsten Property, Ontario

    Sudbury, Ontario--(Newsfile Corp. - August 10, 2020) - Transition Metals Corp. (TSXV: XTM) ("Transition" or the "Company"), a Canadian-based multi-commodity project generator with a growing project portfolio, announces that it has executed an arms length Option and Joint Venture Agreement with 1930153 ON Ltd. ("1930153 ON") whereby 1930153 ON can earn up to an 100% interest in the Fostung Property located 8 kilometres southeast of Espanola, Ontario (see Company news release dated November 14, 2019). To earn a 50% interest,...

    2020-08-10 9:10 AM ET
  • Transition Metals Corp. Closes $1,377,563 Private Placement

    Sudbury, Ontario--(Newsfile Corp. - June 3, 2020) - Transition Metals Corp. (TSXV: XTM) ("Transition" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement. The private placement was over-subscribed with a total of 7,910,331 units (the "Units") at a price of $0.15 per Unit, for proceeds of $1,186,549.65 and 1,061,188 flow-through common shares (the "FT Shares") at a price of $0.18 per FT Share, for proceeds of $191,013.84 (collectively, the "Offering"). Units consist...

    2020-06-03 5:36 PM ET
  • Transition Metals Corp. Announces up to $1,200,000 Private Placement

    Sudbury, Ontario--(Newsfile Corp. - May 22, 2020) - Transition Metals Corp. (TSXV: XTM) ("Transition" or the "Company") is pleased to announce that it intends to raise up to an aggregate of $1,200,000 by way of a non brokered private placement financing consisting of up to 5,000,000 units (the "Units") at a price of $0.15 per Unit, for proceeds of up to $750,000 and up to 2,500,000 flow-through common shares (the "FT Shares") at a price of $0.18 per FT Share,...

    2020-05-22 9:10 AM ET
  • Transition Announces 2020/2021 Exploration Plans Including 2,000m of Diamond Drilling for the Janice Lake Sedimentary Copper Project, Saskatchewan

    Sudbury, Ontario--(Newsfile Corp. - May 21, 2020) - Transition Metals Corp. (TSXV: XTM) ("Transition", "XTM") is pleased to announce that option partner Forum Energy Metals ("Forum") together with Rio Tinto Exploration ("RTEC") have announced plans to complete an extensive summer exploration program at Janice Lake, Saskatchewan. This work will include a 2,000 metre reconnaissance diamond drill program to test targets on known mineralized zones, systematic mapping and prospecting across the 52 kilometre strike extent of the property and...

    2020-05-21 9:05 AM ET