|Bid||0.10 x 0|
|Ask||0.10 x 0|
|Day's Range||0.0950 - 0.1000|
|52 Week Range||0.0950 - 0.2800|
|Beta (3Y Monthly)||1.67|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Strongbow Exploration Inc. (SBW.V) (“Strongbow” or the “Company”) is pleased to report that, following the news release of December 21, 2018, Cornwall Council has voted overwhelmingly in support of a £1M investment into Strongbow Exploration Inc., subject to Strongbow completing a dual listing on the London’s AIM Exchange. Richard Williams, Strongbow CEO, stated: “We welcome this very positive decision for the project, which reflects the high level of cooperation between the local community, Cornwall Council and Strongbow, where all parties share the common goal of responsible mine development in an urban environment and high quality job creation.
Strongbow Exploration Inc. (SBW.V) (“Strongbow” or the “Company”) is pleased to announce that the requirement for the listing on the AIM – London Stock Exchange under the amended Share Purchase Agreement (“SPA”) with Galena Special Situations Master Fund Limited (“Galena”), and Tin Shield Production Inc (“Tin Shield”) regarding the South Crofty tin project, has been extended from December 31, 2018 to June 20, 2019 (please refer to news release dated March 28, 2018 for details). A payment of US$6.0 million, payable in cash and / or shares at Strongbow’s election, payable within 5 business days of the Company securing project financing to build a mine at South Crofty.
While small-cap stocks, such as Strongbow Exploration Inc (CVE:SBW) with its market cap of CA$10.4m, are popular for their explosive growth, investors should also be aware of their balance sheet Read More...
Strongbow Exploration (SBW.V), the Canadian company that is seeking to revive tin production in Cornwall, southwest England, plans to join London's AIM exchange for growing companies next month, it said on Monday. It had previously told Reuters it would seek a London listing to raise development capital without giving dates. Strongbow is hoping the London listing will help to raise 25 million pounds over the next 18 months to study the feasibility of resuming production, with a target date of 2021, at what it says is "one of the highest grade undeveloped tin projects globally".
When South Crofty ceased operating, it brought the curtain down on two millennia of tin mining in the southwestern county of Cornwall. Strongbow Exploration is focused on South Crofty itself, which needs to be dewatered before any new mining can occur. Strategic Minerals is drilling the Redmoor site, a historic tin mining area also hosting tungsten reserves.