Clean Air Metals Inc.
Other OTCCapital Structure
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in mil. unless spec.Company Description
- CEO
- Mike Garbutt
- Full Time Employees
- 16
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 100 King Street West Toronto ON Canada M5X-1A4
- IPO Date
- Jan 8, 2021
- Website
- cleanairmetals.ca
- Similar Companies
- Business
- Clean Air Metals Inc. Clean Air Metals Inc. is a Canada-based exploration and development company focused on platinum group elements, nickel, copper, and critical minerals properties. The company advances its 100% owned flagship Thunder Bay North Critical Minerals Project located approximately 40 kilometers northeast of Thunder Bay, Ontario, which comprises three claim blocks including the Thunder Bay North Property covering 40,816 hectares with Current and Escape deposits; the Escape Lake Property spanning 220 hectares; and the Escape North Property encompassing 1,722 hectares; all hosting platinum, palladium, nickel, and copper deposits accessible by road near established infrastructure. Clean Air Metals Inc. primarily engages in the identification, acquisition, exploration, and development of these mineral properties targeting the platinum group metals and base metals sectors for North American manufacturing supply chains. Founded in 2000 and formerly known as Regency Gold Corp. until its name change in April 2020, the company maintains headquarters at 1004 Alloy Drive in Thunder Bay, Ontario, with additional operations in Toronto. It operates exclusively in Canada within the mining-friendly Thunder Bay region, benefiting from proximity to local First Nations relationships and serving critical minerals markets amid rising platinum demand. The company holds no major subsidiaries but completed key historical acquisitions including an option from Benton Resources Inc. for the Escape Lake Property and full ownership of Panoramic PGM (Canada) Ltd. from Panoramic Resources Limited in 2020. In recent developments, Clean Air Metals Inc. released a Preliminary Economic Assessment in October 2025 for the Thunder Bay North Project demonstrating a pre-tax NPV8 of C$219.4 million, 39% IRR, C$89.5 million initial capex, 2.5-year payback, 11-year mine life at 2,500 tonnes per day, and 45% operating margins; followed by filing the NI 43-101 technical report on November 24, 2025. The company confirmed down-plunge extensions at the Escape Deposit through October 2025 drilling intersecting over 50 meters of magmatic sulphide mineralization and potential major extensions along a 2.5 km magnetic trend. Additional 2025 activities include audited annual financial statements for the year ended January 31, 2025 showing C$37.9 million in assets and C$3.4 million cash position; interim statements for periods ended April 30 and July 31, 2025; flow-through private placement closings; and the appointment of John Mason as Director in September 2025.
Company News
Clean Air Metals and Fiore-Backed Springbok Ventures Announce Conditional Acceptance of Proposed Transaction
Clean Air Metals and Fiore-Backed Springbok Ventures Announce Conditional Acceptance of Proposed Transaction
Clean Air Metals Announces Closing Non-Brokered Private Placement of Flow-Through Shares
Clean Air Metals Announces Non-Brokered Private Placement of Flow-Through Shares
Clean Air Metals and Fiore-Backed Springbok Ventures Announce Update on Proposed Transaction and Resumption of Trading of Clean Air Metals
Clean Air Metals and Fiore-Backed Springbok Ventures Announce Update on Proposed Transaction and Resumption of Trading of Clean Air Metals
Clean Air Metals Files Interim Financial Statements for the Six Months Ended July 31, 2026
Clean Air Metals and Fiore-backed Springbok Ventures Announce Closing of Non-Brokered Private Placement and Transaction Updates
Clean Air Metals and Fiore-Backed Springbok Ventures Announce Upsize of Non-Brokered Private Placement to C$6.2 Million
Presenting on Emerging Growth Conference 95 Day 2 on August 20; Register to live stream
Clean Air Metals and Fiore-backed Springbok Ventures Announce Upsize of Non-Brokered Private Placement
Clean Air Metals and Fiore-Backed Springbok Ventures Announce Strategic Business Combination
Clean Air Metals and Fiore-Backed Springbok Ventures Announce Strategic Business Combination
Clean Air Metals Files Interim Financial Statements for the Three Months Ended April 30, 2026
Clean Air Metals Files Audited Annual Financial Statements for the Year Ended January 31, 2026
Clean Air Metals Announces Management Changes
Clean Air Metals Receives Provincial Funding and Provides Update on the Thunder Bay North Project
Clean Air Metals Announces 2026 Strategic Objectives in Historically Strong PGE and Copper Markets
Clean Air Metals Files Interim Financial Statements for the Nine Months Ended October 31, 2025
Clean Air Metals Files PEA Technical Report for the Thunder Bay North Critical Minerals Project