|Bid||0.215 x 0|
|Ask||0.280 x 0|
|Day's Range||0.2050 - 0.2800|
|52 Week Range||0.1000 - 0.4300|
|Beta (3Y Monthly)||2.54|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.47|
VANCOUVER , Dec. 12, 2018 /CNW/ - First Energy Metals Ltd. (TSX-V: FE or the "Company) is pleased to announce that it has planned to carry out a drill program at its Phyllis Cobalt Property (the "Phyllis Property") in Ontario . The program is aimed at testing the central Phyllis Cobalt Zone below surface to see the depth and size of the gabbroic intrusion and related cobalt -copper-nickel mineralization. The Company has hired a drilling contractor Ombabika Development Corporation to drill one to two core holes down to a depth of up to 100 metres below surface.
First Energy Intersects Anomalous Cobalt, Copper, and Nickel in Channel Samples at Phyllis Cobalt Property in Ontario
The Placement will include proceeds of $320,000 from the sale 3,555,556 units at a price of $0.09 per unit (the "Unit"). Each Unit will consist of one common share and one transferable common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase an additional common share for a price of $0.12 per share for a period of two years from the date of closing of the private placement. The Placement will also include a second private placement for gross proceeds of $30,000 from the sale of 333,333 flow through shares at a price of $0.09 per flow through share. The Company also announces the termination of the Highway 95 Property option agreement, as initially announced on June 20, 2018 , as the Company plans to focus its efforts and resources on its Phyllis Cobalt and Russel Graphite properties.
VANCOUVER , June 20, 2018 /CNW/ - First Energy Metals Ltd. (TSX V: FE) (the "Company") is pleased to announce that it has signed an option agreement to acquire 100% interest in Highway 95 property ("Highway Property").
VANCOUVER , June 12, 2018 /CNW/ - First Energy Metals Ltd. (FE.V) (the "Company) is pleased to announce commencement of Phase II exploration work at its Phyllis Cobalt Property (the "Phyllis Property") in Ontario . This work is a follow up on results of the Phase I sampling work showing cobalt values in the range of 0.001% to 0.435%, copper 0.03% to 0.602%, and nickel 0.004% to 0.48%, as announced in the Company's press release dated May 23, 2018 . The technical information contained in this news release has been reviewed and approved by Alexander Pleson , P.Geo., a qualified person, as defined by NI 43-101 who works as consultant with the Company.
VANCOUVER , May 30, 2018 /CNW/ - First Energy Metals Ltd. (FE.V) (the "Company) is pleased to announce that it has commenced exploration work at its recently acquired Russel Graphite property ("Russel Property") located in Gatineau area of Quebec Province , approximately 50 kilometres to the north of Ottawa, Canada . The program will take approximately two weeks to complete and will help in developing a systematic future work plan on the Property. The technical information contained in this news release has been reviewed and approved by Dr. Muzaffer Sultan , P.Geo.