|Bid||0.0388 x 1000000|
|Ask||0.0620 x 1000000|
|Day's Range||0.0422 - 0.0422|
|52 Week Range||0.0027 - 0.0556|
|Beta (5Y Monthly)||2.97|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Far Resources Ltd (CSE:FAT) (F0R.F) (FRRSF) announces that it has granted 5,050,000 options to acquire common shares in the equity of the Company to an officer, director and various consultants (the “Options”). The issuance of securities described in this news release are subject to acceptance by the Canadian Securities Exchange. Far Resources Ltd. is a Canadian battery and technology metals exploration and development company with lithium exploration projects in Canada and the USA.
It is with great sadness that the Board of Directors and management of Far Resources Ltd. (CSE:FAT) (F0R.F) (FRRSF) announce that Director, colleague and friend, Murray Seitz has passed away. “Murray’s guidance, vision and commitment to the success and growth of Far, and his friendship over the last two years of the company’s transformation will be greatly missed,” said Toby Mayo, President of Far. "On behalf of the Board of Directors and our team, I extend our deepest condolences to Murray’s family and to all those who came to know him as a colleague, as a mentor and as a friend."
Far Resources Ltd (CSE:FAT) (F0R.F) (FRRSF) and partners BattMat USA Corp. (BMUSA) and Electric Blue Power (EBP) would like to provide an update on testing operations of its Vehicle Automated Battery/Block Controller and Monitoring System (VAB controller©) and on the effects of the Covid-19 (Coronavirus) pandemic on the company’s current activities. The Covid-19 (Coronavirus) outbreak has been classified by the World Health Organisation (WHO) as a pandemic, and it continues to spread quickly across the globe.
Far Resources Ltd (CSE:FAT) (F0R.F) (FRRSF) is pleased to announce that it has signed a Letter of Intent (LOI) to acquire up to 100% of the Reel Cesium-Lithium-Tantalum Project in mining friendly Manitoba, Canada. Samples from the Reel Project have returned grades of up to 1.75% cesium oxide (Cs2O), while also having significant lithium and tantalum potential.
Far Resources Ltd (CSE:FAT) (F0R.F) (FRRSF) and partners BattMat Technologies (BM) and Electric Blue Power (EBP) are pleased to announce the start of an extreme cold temperature field testing program for the VAB Controller©. Initial tests will be carried out on Whiteface Mountain, in northern New York State, located about 1,483 metres (4,865 feet) above sea level. The area recently recorded a record low temperature of -81°C (-114°F), and as such makes a perfect testing ground for the performance of the proprietary VAB Controller© system in harsh conditions.
Far Resources Ltd (CSE:FAT) (F0R.F) (FRRSF) and partners BattMat Technologies (BM) and Electric Blue Power (EBP) are excited to announce the formation of BattMat USA Corp (BMUSA), in which Far now has a 26.1% shareholding. BMUSA is a Delaware corporation that will advance and commercialize technologies that arise from the Far/BM/EBP joint venture, commencing initially with the VAB Controller©, the first technology developed by Lee Wheelbarger, EBP’s Chief Technology Officer.
Far Resources Ltd (CSE:FAT) (F0R.F) (FRRSF) is pleased to announce that its partner Electric Blue Power (EBP) has successfully installed for testing its first prototype VAB Controller© (Vehicle Automated Battery/Block Controller and Monitoring System). Initial testing is focusing on the proprietary software controls in a field testing environment.
Far Resources Ltd (CSE:FAT) (F0R.F) (FRRSF) is happy to announce the granting of stock options for key, non-management personnel including Lee Wheelbarger and Roger Wagner of Electric Blue Power, LLC (EBP), who have both become leading contributors in the company’s pursuit of battery-related technology development, and invaluable members of Far’s advisory team. Lee has been involved in similar testing programs in the past for several stringent military and civilian contractors. Both Lee and Roger have been invaluable to the company since their introduction.
Far Resources Ltd (CSE:FAT) (F0R.F) (FRRSF) is pleased to announce that its partner Electric Blue Power (EBP) has successfully completed fabrication of three initial working prototypes for the VAB Controller© (Vehicle Automated Battery/Block Controller and Monitoring System) and will initiate a robust 90-day field testing program including installation and testing on vehicles. The VAB Controller© is an advanced design of preliminary battery warmer designs developed last summer with Far’s support. Based on Lee Wheelbarger’s long and successful experience inventing urgent need, battlefield-ready technical solutions for the US Military, the several months pre-development period and 90-day field testing period for the VAB Controller© are well ahead of schedule for similar technology development programs, which can require years.
Far Resources Ltd (CSE:FAT) (F0R.F) (FRRSF) and its partners BattMat Technologies, Inc. and Electric Blue Power, LLC (EBP) are excited to announce commencement of fabrication and testing of the first prototype units of its VAB Controller© (Vehicle Automated Battery/Block Controller and Monitoring System), thus meeting a key milestone towards commercialization and revenue generation. The VAB Controller© is being developed specifically to increase efficiency of batteries being used in extreme temperature conditions. The system incorporates temperature sensors and monitoring functions to independently detect battery and engine conditions and automatically report when they exceed normal operating parameters.
Far Resources Ltd (CSE:FAT) (F0R.F) (FRRSF) is extremely encouraged by the recent adoption of the Joint Action Plan on Critical Minerals Collaboration entered into by Canada and the USA, and the potential for opportunities that may be opened up to the company as the process develops. The Action Plan will provide stability for specific strategic metals in North America, and recognizes the acknowledgement by both nations of the need to develop — amongst others — battery storage materials and the technologies and industries in which they will be utilized. The agreement, ratifying the Action Plan, was signed on January 9 between the Canadian and US governments.
Far Resources Ltd (CSE:FAT) (F0R.F) (FRRSF) is pleased to provide an update on its current activities and initiatives. Chiefly, along with the continued development of its Canadian lithium assets, Far plans to advance the first of its battery technologies towards rapid commercialization. Far’s corporate website and marketing materials have been brought up to date to better reflect the direction and strategy of the company.
Far Resources Ltd (CSE:FAT) (F0R.F) (FRRSF) is pleased to announce that it has completed final payment obligations under its agreement to secure 100% interest in its Green Bay Option, part of the 3,603 hectare high-grade Zoro Lithium Project located near the historic mining town of Snow Lake in mining-friendly Manitoba, Canada. Toby Mayo, President and CEO of Far, commented: “The company has now completed five successful drilling campaigns on Zoro generating a robust mineral resource of over one million tonnes at close to 1% Li2O, discovered multiple previously unknown lithium-bearing pegmatites and generated a strong portfolio of additional targets throughout the property. Far has applied modern exploration techniques over approximately one third of the total Zoro project area.
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2019) - Far Resources (CSE: FAT) (FSE: F0R) (OTC PINK: FRRSF) has expanded its relationship with BattMat Technologies Inc., forming a Joint Venture for the development of various patentable battery related technologies. The two parties have signed a binding Letter of Intent with the definitive agreement expected to be finalized in the coming weeks, giving Far Resources an opportunity to participate in early stage ownership of ...
Far Resources Ltd. (CSE:FAT) (F0R.F) (FRRSF) is pleased to announce that it has expanded its relationship with BattMat Technologies Inc., allowing the company to partner with BattMat in the development of various patentable battery related technologies. The initial payment has been made by Far to trigger the contract including funding certain activities described below. A definitive agreement will be finalized in the coming weeks.
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2019) - Far Resources (CSE: FAT) (FSE: F0R) (OTC PINK: FRRSF) announced that subsequent to its sponsorship of the Electric Blue Solar Research Vessel, the vessel's conversion to 100% lithium battery support has been completed, making it the largest 100% solar-powered boat in North America, designed to test various battery-related technologies in solar power applications. The Electric Blue Solar Research Vessel is being tested as part ...