Each one in plain English, with the numbers worked through for a shareholder.
16 Sept 2025other● Neutral
Company will rename itself PMET Resources Inc., keeping tickers PMET and PMT, with rebranding toward 'critical-mineral powerhouse'. TSX trading under the new name is expected from 18 September 2025 and ASX from 19 September. No share consolidation; holders need take no action.
Federal planning phase is complete: IAAC issued its Tailored Impact Statement Guidelines and Permitting Plan in August 2025, resolving the open thread on guidelines. Company says the plan fits its earlier timeline. Provincial ESIA still targeted for late 2025, federal shortly after.
Monthly CDI statement for August 2025: CDIs rose about 1.4m to 551.6m from net transfers between TSX shares and CDIs. Administrative; no operational news.
NI 43-101 technical report filed for the July 2025 resource, which includes the maiden caesium estimate. The company says the May 2025 upgrade was not a 'material change' under Canadian rules, so it needed no report then. No new resource figures.
Monthly CDI statement for July 2025: CDIs rose about 14.9m to 550.2m from net transfers between TSX shares and CDIs. Options listed at zero include several that had expired or lapsed. Administrative; no operational news.
August 2025 corporate presentation repeating known facts: 4.84 Mt LCE resource, PEA with C$2.9bn after-tax NPV, VW's ~C$69m for 9.9%, and the lithium Feasibility Study still targeted for Q3 2025. No new results visible.
Aline Côté joins the board as an independent director, effective immediately. She has over 27 years in mining, including senior zinc and lead roles at Glencore. The board now has Boivin, Jennings, Desrochers, Way and Côté, per the earlier context and this notice.
July 2025 webinar slides repeating the caesium resource (30.5 kt Cs2O Indicated, 40.8 kt Inferred) and the lithium resource (4.84 Mt LCE), with quoted caesium and tantalum prices. Largely known facts; no new results visible.
Maiden caesium resource defined at CV13: Rigel 163,000 t at 10.25% Cs2O Indicated; Vega 530,000 t Indicated and 1.7 Mt Inferred at ~2.4-2.6%. Total 30.5 kt Cs2O Indicated, 40.8 kt Inferred. Lithium Feasibility Study still due Q3 2025; caesium to follow.
Notice of an investor webinar on 22 July 2025 (Australia time) hosted by CEO Ken Brinsden to discuss the caesium resource and give an update on the lithium Feasibility Study. Notice only; no new results.
Monthly CDI statement for June 2025: CDIs fell about 3.9m to 535.4m from transfers to TSX shares. Several options lapsed or were cancelled to zero. Administrative; no operational news.
Work has begun to evaluate tantalum as a possible by-product, with a ~19% Ta2O5 tantalite concentrate made in initial tests. The resource is called a top-5 tantalum pegmatite globally. Lithium-only Feasibility Study still due Q3 2025; by-product economics to follow.
Annual Information Form for the year to 31 March 2025, dated 10 June 2025. A Canadian regulatory filing; the visible text is contents and cautionary statements, with no new figures.
Securities Trading Policy lodged, setting out insider-trading rules for directors, officers and employees across Australian and Canadian law. Administrative policy document; no operational or financial news.
Appendix 4G governance checklist for the year to 31 March 2025, pointing to the governance statement in the annual MD&A (pages 32-42), current at 19 June 2025. Administrative; no operational news.
Audited financial statements and MD&A for the year to 31 March 2025 released, with PwC's opinion that they present fairly. The visible text shows no figures, so the year's result and cash position are not stated here.
Lab analysis confirms pollucite, a caesium mineral that is relatively easy to process, as the main caesium host at CV13's Vega and Rigel zones, with up to 75% pollucite in one sample (1.1 m at 26.6% Cs2O). Caesium to be included in a Q3-2025 resource update.
May 2025 corporate presentation repeating known facts, now using the updated resource (4.84 Mt LCE) and adding gallium to the possible by-products. Feasibility Study still expected Q3 2025. No new figures beyond the resource update.
Updated resource: 108.0 Mt at 1.40% Li2O Indicated and 33.3 Mt at 1.33% Inferred (3.75 Mt and 1.09 Mt LCE). Indicated rises ~30% at CV5 and ~306% at CV13 versus August 2024, though Inferred falls from 62.5 Mt. Feasibility Study and maiden reserve on track for Q3 2025.
Federal permitting has formally begun: the Initial Project Description was accepted by the federal agency and Cree Nation Government, running in parallel with provincial permitting. Federal and provincial ESIA submissions now aimed at late 2025. EVP ESG Alix Drapack to retire from executive duties and become an advisor.
Monthly CDI statement for April 2025: CDIs fell about 12.2m to 542.4m from transfers to TSX shares. 20,000 options at C$1.74 were exercised. Administrative; no operational news.
First bi-annual shareholder newsletter recapping the VW investment (C$69m at C$4.42), PowerCo offtake, the August 2024 resource and the PEA. Visible text shows no new information.
Overlimit assays confirm a large cesium discovery at CV13: Vega Zone ~600 m x 400 m, with intercepts such as 18.1 m at 2.71% Cs2O, and a high-grade Rigel Zone ~200 m x 80 m. Resolves the March pending assays; a possible by-product to lithium.
April 2025 corporate presentation repeating known facts: the C$69m VW investment, 100,000 t a year PowerCo offtake, PEA (C$2.9bn after-tax NPV), 4.88 Mt LCE resource and Feasibility Study due Q3 2025. No new figures visible.
Frederic Mercier-Langevin joins immediately as Chief Development/Operating Officer, with 20+ years in open pit and underground mining at Agnico Eagle and Wesdome. He adds development experience as the Feasibility Study and ESIA are completed.
Monthly CDI statement for March 2025: CDIs fell about 10.1m to 554.6m from transfers to TSX shares. The 4.7m warrants at C$0.75 were exercised and 475,000 options at C$1.74 were exercised. Administrative; no operational news.
Surface exploration found a new spodumene pegmatite cluster, CV15, about 20 km from CV5, with outcrop samples up to 2.11% Li2O. It extends the Mickel Trend to about 5.5 km. Only surface sampling so far; no drilling.
Feasibility Study update: on track for September 2025 and expected to resemble the PEA, with DMS-only processing and staged growth. Updated CV5 block model handed to the study team. ESIA submission also expected September 2025; company cites strong cash after VW.
Monthly CDI statement for February 2025: CDIs fell about 6.4m to 564.7m from transfers to TSX shares. 140,000 warrants at C$0.75 were exercised. Administrative; no operational news.