M3 Metals Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Kostantinos Tsoutsis
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 300-1455 Bellevue Avenue West Vancouver BC Canada V7T 1C3
- IPO Date
- May 5, 2011
- Website
- m3metalscorp.com
- Similar Companies
- Business
- M3 Metals Corp. is a Canada-based mineral exploration company focused on the acquisition, exploration, and development of lithium properties in North America. Founded in 2007 and headquartered in West Vancouver, British Columbia, the company holds interests in high-grade lithium clay projects, including an option to acquire up to 80% interest in the Lakshmi-Daggett Ridge project in San Bernardino County, California, comprising sedimentary-hosted lithium mineralization prospective for a large near-surface resource; and the Texas Spring project in Elko County, Nevada, consisting of 253 mining claims contiguous to Surge Battery Metals' Nevada North discovery, featuring analogous geology to the Thacker Pass deposit. These projects target lithium-bearing clay horizons amenable to low-cost, open-pit mining, with operations leveraging proximal infrastructure such as highways, rail, and energy corridors in Nevada and California. In July 2023, M3 Metals entered into a mineral property option and joint venture agreement with Surge Battery Metals Inc., granting Surge the option to earn up to an 80% interest in the Texas Spring claims through cash payments, share issuances, and exploration expenditures. Subsequently, in August 2024, M3 Metals agreed to sell its remaining 50% interest in Texas Spring to Surge, with the transaction closing thereafter via issuance of Surge shares to M3 Metals; the company also announced management changes in December 2024 to support ongoing strategic initiatives.
M3 Announces Closing on Sale of Texas Springs
M3 Announces Management Changes
M3 Announces Extension to Property Purchase Agreement Announced on August 22, 2024
M3 Extends Warrant Term
M3 Sells Texas Spring Property
M3 Metals JV Partner Surge Announces Drilling on M3 Land
M3 Metals Hires Capital Analytica for IR Services
M3 Metals Capitalizing on 2 Large-Scale Lithium Projects in Multi-Billion Dollar Lithium Hotbeds
M3 Metals JV Partner Surge Announces Soil Sampling on Recently Acquired Property
M3 Metals Receives Regulatory Approval and Makes Initial Payments Under Daggett Lithium Project Option Agreement
M3 Metals Files Technical Report for the Daggett Lithium Project
M3 Metals Provides an Update and Property Disclosure for the Daggett Lithium Project, near Barstow, California
M3 Metals Provides Lakshmi Property Update Grants Option on Recently Staked Nevada Lands