OTC : JNCCF

Metalite Resources Inc. — News

$0.002 USD

$0 (0.0%)

Volume
3.3K
Average Volume
58
Market Capitalization
$6.21K
P/E Ratio
-0.02
Dividend Yield
0.00%
Price Target
Year High
$0.17
Year Low
$0.00
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$1.23
Source Headline
Metalite Completes Acquisition of District-Scale Launay Gold Property in Québec's Abitibi Gold Belt and Appoints Alex Storcheus as Executive Chairman

TORONTO, ON, July 13, 2026 - TheNewswire – Metalite Resources Inc. (CSE: METL) (OTC Pink: JNCCF) (FSE: D680) (" Metalite " or the " Company ") is pleased to announce that, further to its news release dated June 22, 2026, it has completed its previously announced acquisition (the " Transaction ") of a 100% interest in the Launay Gold Property (the " Property "), a district-scale gold project located in Québec's prolific Abitibi Greenstone Belt and has appointed Alex Storcheus as Executive Chairman of Metalite. Transaction Closing

thenewswire.com - 2026-07-14 07:30:00

Metalite Resources Enters Into Definitive Agreement to Acquire Launay Gold Property and Receives Shareholder Approval

TORONTO, ON – TheNewswire - June 22, 2026 – Metalite Resources Inc. (CSE: METL) (OTC Pink: JNCCF) (FSE: D680) (" Metalite " or the " Company ") is pleased to announce that it has entered into a definitive asset purchase agreement dated June 19, 2026 (the “ Definitive Agreement ”) with Launay Gold Corp. (“ Launay ”) and Cachee Gold Mines Corp. (“ Cachee ”), pursuant to which Metalite has agreed to acquire, directly or indirectly, a 100% undivided interest in and to the Launay Gold Property located in Québec, Canada (the “ Launay Gold Property ” or the “Transaction”), subject to certain pre-existing net smelter return royalties. Chris Hazelton, CEO of Metalite, commented: " Entering into the Definitive Agreement for the Launay Gold Property represents an important step in building Metalite's portfolio of mineral exploration projects. The addition of Launay, located in Québec's Abitibi region, complements the Company's existing 100%-owned Arthurs Seat Silver-Antimony project in New South Wales, Australia. We believe the Company will be well positioned to advance both assets through focused technical evaluation, exploration planning and target development. "

thenewswire.com - 2026-06-22 12:45:00

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