|Bid||0.1500 x 0|
|Ask||0.1650 x 0|
|Day's Range||0.1550 - 0.1550|
|52 Week Range||0.1150 - 1.0000|
|Beta (3Y Monthly)||5.71|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
NRG Metals Inc. (“NRG” or the “Company”) (NGZ.V) (NRGMD) (OGPN.F) is pleased to announce that it has filed on SEDAR, its preliminary economic assessment following the summary results previously announced. The PEA report was completed by Knight Piesold Consulting and JDS Energy and Mining Inc., both industry leading independent engineering consulting firms.
VANCOUVER, British Columbia, May 21, 2019 /PRNewswire/ -- NRG Metals Inc. ("NRG" or the "Company") (NGZ.V) (NRGMD) (OGPN.F) the Company is pleased to announce it has formed a "strategic alliance" with Lilac Solutions (Lilac) of Oakland, California. Lilac has developed and patented a new ion exchange technology, the "IX Process," to address the challenges of conventional evaporative extraction of lithium from brines. The company's unique ion exchange beads and continuous brine processing system together enable a simple, modern, and robust process yielding concentrated high-purity lithium solutions in hours instead of years. Lilac has reported 90% recovery of lithium from brine, which is double that of evaporative technology. This partnership will begin with pilot project work for NRG's Hombre Muerto North (HMN) Lithium Project in Salta, Argentina. Lilac will build and test a pilot-scale lithium extraction module and complete detailed engineering for an on-site pilot plant producing lithium chloride at a rate of one tonne per month of lithium carbonate equivalents. All work will be performed under the supervision of a Qualified Person as defined under National Instrument 43-101. Upon successful completion of module testing and detailed engineering, Lilac and NRG will be positioned to quickly deploy an on-site pilot plant at the HMN Lithium Project.
VANCOUVER, British Columbia, May 14, 2019 /PRNewswire/ -- NRG Metals Inc. ("NRG" or the "Company") (TSX-V:NGZ) (NRGMD) (OGPN.F) has announced a Private Placement of up to twenty million units at a price of CDN$ 0.225 per unit for gross proceeds of up to CDN$ 4,500,000. Each unit will be comprised of one Share and one transferable common share purchase warrant. Each warrant will allow the holder to purchase one Share of the Company at a price of CDN$ 0.35 for a period of five years from closing. The Private Placement will be open to all existing shareholders of the Company and interested parties who can rely upon an exemption from the registration and prospectus requirements of applicable securities laws to participate. The Warrants are subject to an expiry acceleration provision whereby if the Company's common shares close at or above $0.50 per share for more than 10 consecutive trading days, the holder will have 30 days from that date to exercise the Warrant.
NRG METALS INC. ("NRG" or the "Company") (TSX-V:NGZ) (NRGMD) is pleased to announce positive results from an independent Preliminary Economic Assessment (PEA) for its Hombre Muerto North Lithium Project near Salta, Argentina. The PEA was prepared by Knight Piesold Consulting ("KP") and JDS Energy and Mining ("JDS"), both of Vancouver, in accordance with the standards set out in National Instrument 43-101 Standards of disclosure for Mineral Projects (NI 43-101), and, CIM's Best Practice Guidelines for Mineral Processing (BPGMP).
VANCOUVER, British Columbia, April 2, 2019 /PRNewswire/ -- NRG Metals Inc. ("NRG" or the "Company") (NGZ.V) (NRGMD) (OGPN.F) announces that it has completed a new agreement with the owner of the Hombre Muerto North Lithium Project (HMN Project) in Argentina.
VANCOUVER, British Columbia , Feb. 6, 2019 /PRNewswire/ -- NRG Metals Inc. (" NRG " or the " Company ") (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) is pleased provide an update on ...
VANCOUVER, British Columbia, Jan. 31, 2019 /PRNewswire/ -- NRG Metals Inc. ("NRG" or the "Company") (NGZ.V) (NRGMF) (OGPN.F) is pleased to announce it is working with Eastern Shore Microbes (E.S.M.) of Virginia, USA, to evaluate the potential for enhancing evaporation characteristics if lithium brine at the Hombre Muerto North Lithium Project (H.M.N.) located in Salta and Catamarca Provinces, Argentina. E.S.M. is developing Halophillic Evaporative Applications Technology (H.E.A.T.) The process has been utilized to evaporate and clean brines from curing cattle hides and E.S.M. is currently using their collection of over 1300 microbes to adapt the technology to potentially enhance and shorten the production cycle of lithium from brines. Testing will be conducted over the coming months on brine samples from the HMN project at the E.S.M. laboratory in Belle Haven, Virginia.
VANCOUVER , Jan. 24, 2019 /CNW/ - NRG Metals Inc. ("NRG" or the "Company ") (NGZ.V) (NRGMF) (OGPN.F) is pleased to announce that it has selected Knight Piésold Consulting (KP) and JDS Energy & Mining (JDS) to prepare a National Instrument 43-101 Preliminary Economic Assessment (PEA) on its flagship Hombre Muerto Norte (HMN) Lithium Project, located in Salta Province , Argentina . The HMN Project is strategically located in the Hombre Muerto Salar, an area of active lithium production.
VANCOUVER, British Columbia , Dec. 4, 2018 /PRNewswire/ -- NRG Metals Inc. (" NRG " or the " Company ") (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) is pleased to report it has issued ...
NRG Reports High Lithium Grades for Measured and Indicated Resource at the Hombre Muerto Norte Lithium Project, Argentina
Vancouver, British Columbia, Oct. 2, 2018 /PRNewswire/ -- NRG Metals Inc. ("NRG" or the "Company") (TSX-V:NGZ) (NRGMF) (OGPN.F) is pleased to report a maiden lithium (Li) and potassium (K) resource statement for its Hombre Muerto Norte lithium brine project in the Salta province of Argentina. The NI 43-101 resource statement, detailed in Table 1 below, includes 509,000 tonnes (metric tons) of lithium carbonate (Li2CO3) equivalent (LCE) and 1,609,000 tonnes of potash (KCl) equivalent in the Measured and Indicated Resource categories, with an additional 62,000 tonnes of LCE and 231,000 tonnes KCl in the Indicated Resource category.
VANCOUVER , Sept. 25, 2018 /CNW/ - NRG Metals Inc. ("NRG" or the "Company") (NGZ.V) (NRGMF) (OGPN.F) The Company is pleased to announce that it has completed the third installment of it's purchase option for the Hombre Muerto North Lithium Project (" HMN Project "), located in Salta Province , Argentina . The vendor has also become an insider of the Company as defined by Canadian securities regulations. The Company has now completed an extensive evaluation of the HMN Project, and intends to announce a maiden resource estimate in the immediate future through the release of an independent NI43-101 technical report.
VANCOUVER , Sept. 21, 2018 /CNW/ - NRG Metals Inc. ("NRG" or the "Company") (NGZ.V) (NRGMF) (OGPN.F) The Company is pleased to announce the completion of a second pumping well at the Hombre Muerto North Lithium Project, Salta, Argentina . The well, designated TWW18-02, was drilled to the target depth of 400 meters, and it is located immediately adjacent to core hole TH18-02, which was described in the company's press releases dated July 10, 2018 and August 23 , 2018. Pumping tests will commence shortly. The core hole was drilled to a depth of 281 meters, and the arithmetic average of single packer, double packer and one bailer sample from surface to a depth of 230.5 meters was 638 mg/L with a low Mg to Li ratio of 2.65 to one.
NRG's second drill hole at the Hombre Muerto North project has been completed to a depth of 280.8 m, and the sample results demonstrate that excellent lithium values are present in the lower portion of the hole. Based on these encouraging results, as well as the excellent results from the pumping well located approximately 2.1 kilometers to the east, NRG has decided to drill a second pumping well adjacent to the second core hole. The target depth of this hole is 400 m.