Military Metals Corp.
0.17
USD
+0.00
(+0.65%)
CIK
1866460
ISIN
CA5997841054
CUSIP
599784105
Return %
Stock
S&P 500
1Y
-47.68
14.20
3Y
-11.01
81.12
5Y
- -
68.34
Capital Structure
CAD
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in mil. unless spec.Working Capital
CAD
•
in mil. unless spec.Growth Rates
CAD
•
in mil. unless spec.Quarterly Revenue
CAD
•
in mil. unless spec.Quarterly Earnings Per Share
CAD
•
in mil. unless spec.Quarterly Dividends Per Share
CAD
•
in mil. unless spec.Company Description
- CEO
- Scott Eldridge
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Vancouver Canada
- IPO Date
- Jun 28, 2022
- Website
- militarymetalscorp.com
- Similar Companies
- Business
- Military Metals Corp. is a junior mineral exploration and development company focused on the identification, acquisition, exploration, and advancement of critical mineral assets, with a primary emphasis on high-grade antimony deposits alongside complementary precious and base metal occurrences. The company's core operations and portfolio comprise mineral exploration and resource definition services; mineral property acquisition, tenure management, and optioning; geological mapping, structural modeling, and geochemical soil sampling; geophysical survey interpretation and drill target generation; diamond core drilling and trenching campaigns; metallurgical testing and assay analysis; technical reporting and NI 43-101-compliant mineral resource estimation; and project feasibility evaluation. Its exploration properties target strategic critical minerals essential for defense, aerospace, clean energy, and advanced industrial applications, primarily supplying inputs for munitions, armaments, military optics, night-vision infrared sensors, flame retardants, photovoltaic cells, and liquid-metal grid-scale battery energy storage systems. The company operates across North America and Europe, maintaining diversified mineral assets that include the West Gore Antimony-Gold Project in Nova Scotia, Canada; the Manson Bay Gold-Copper Project in Saskatchewan, Canada; the Last Chance Antimony-Gold Project in Nevada, United States; and a European portfolio in Slovakia featuring the flagship Trojárová Antimony-Gold Project along with the Tiennesgrund and Medvedi Potok antimony-gold concessions. Founded in 2020 and headquartered in Vancouver, British Columbia, Canada, the company trades publicly on the Canadian Securities Exchange under the ticker symbol MILI, on the OTCQB Venture Market under the symbol MILIF, and on the Frankfurt Stock Exchange under the symbol QN90. Military Metals Corp. previously operated in the digital media and esports sector under the name X1 Entertainment Group Inc. before completing a fundamental change of business and corporate rebranding in August 2024 to reposition itself as a dedicated exploration vehicle for critical defense minerals, particularly antimony amid global supply chain shortages and export restrictions. Over the past two years, Military Metals Corp. has completed multiple transformative transactions and operational milestones. In August 2024, concurrent with its corporate restructuring, the company completed the acquisition of the Manson Bay project in Saskatchewan from SKRR Exploration Inc. The company subsequently acquired the past-producing West Gore Antimony-Gold Project in Nova Scotia from Molten Metals Corp., securing a grant from the Nova Scotia Mineral Resource Development Fund to support diamond drilling programs targeting high-grade antimony-gold mineralization. In the United States, the company completed the acquisition of the historic Last Chance Antimony-Gold Project in Nevada and conducted comprehensive geological verification and soil sampling campaigns. In Europe, the company expanded its Slovakian asset base, delineated a maiden inferred mineral resource estimate at its flagship Trojárová project containing significant antimony and gold resources, and exercised a buyback right in early 2026 to eliminate a 1.0% net smelter return royalty across its Slovakian properties. To guide its expanded critical minerals focus, the company restructured its executive leadership with key appointments, including Scott Eldridge as Chief Executive Officer and Thomas Hüser as Executive Chairman.