|Bid||0.8300 x 0|
|Ask||0.8500 x 0|
|Day's Range||0.8500 - 0.8600|
|52 Week Range||0.6400 - 1.4300|
|Beta (3Y Monthly)||2.24|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.20|
MONTREAL , Aug. 19, 2019 /CNW Telbec/ - SRG Mining Inc. (SRG.V) ("SRG" or the "Company") is pleased to announce that today, it has filed the Feasibility Study ("FS") for the development of the Lola graphite project in the Republic of Guinea , West Africa , for which the results were announced on July 4 th, 2019. The FS was prepared by Montréal-based DRA/Met-Chem, a division of DRA Americas Inc. ("DRA/Met-Chem").
MONTREAL , Aug. 8, 2019 /CNW Telbec/ - SRG Mining Inc. (SRG.V) ("SRG" or the "Company") is pleased to announce that a US based industrial firm with significant experience in West Africa (the "US-based Partner") has entered into a Share Purchase Agreement to acquire 8,300,000 of the 24,658,267 common shares held by Sama Resources Inc. ("Sama") in the share capital of SRG, for an aggregate purchase price of US$5,000,000 (the "Sale"). Concurrently with the aforementioned Sale, and as part of its ongoing efforts to advance its flagship graphite project located in Lola, Guinea (the "Project") the Company has entered into a Memorandum of Understanding (the "MoU") with the US-based Partner.
If you own shares in SRG Mining Inc. (CVE:SRG) then it's worth thinking about how it contributes to the volatility of...
SRG Announces Positive Feasibility Study Results for Its Lola Graphite Project - Pre-Tax NPV of USD 277M and IRR of 28% Over a 29-Year Mine Life
The Company has retained the trading symbol "SRG" and the Company's web domain will be www.srgmining.com. Shareholders are not required to take any action in connection with the change of name and share certificates bearing the name "SRG Graphite Inc." remain valid and need not be exchanged.
PricewaterhouseCoopers LLP, Chartered Professional Accountants were re-appointed as auditors of the Company for the ensuing year and shareholders approved the Company's 2019 10% rolling stock option plan. Following the AGSM, the Board of Directors re-appointed Benoit LaSalle FCPA FCA as Executive Chairman of the Board, Ugo Landry-Tolszczuk as President, COO and CFO, Elias J. Elias as Vice-President Legal and Corporate Affairs and Corporate Secretary and Raphael Beaudoin as Vice President Operations, Metallurgy and Process Design. The Company wishes to announce that subject to TSX-V approval it intends to change its name to SRG Mining Inc. The Company's shareholders approved a special resolution in this regard at the Company's AGSM.
MONTREAL , May 15, 2019 /CNW Telbec/ - SRG Graphite Inc. (SRG.V) ("SRG" or the "Company) is pleased to announce that it has filed an application with the TSX-Venture Exchange ("TSXV") of its intention to re-price and extend the expiry date of the Warrant Indenture dated May 18, 2018 made between the Company and Computershare Trust Company of Canada (the "Warrant Agent"). These adjustments have been incorporated into the terms of a Supplemental Warrant Indenture dated May 15, 2019 and will become effective May 17, 2019 between the Company and the Warrant Agent amending the Warrant Indenture. A total of 6,134,100 share purchase warrants (the "Warrant") were issued by the Company under the Warrant Indenture pursuant to a Prospectus offering announced on May 1 , 2018. Each Warrant entitled the holder to purchase one common share of the Company at the price of $2.30 per common share and are scheduled to expire on May 18, 2019 .
MONTREAL , April 9, 2019 /CNW Telbec/ - SRG Graphite Inc. (SRG.V) ("SRG" or the "Company") is pleased to report the results of its 200-tonne ("t") piloting project at SGS Canada. From the 200t processed, 12.8t of graphite flakes were produced at an average grade of 96.8% total carbon ("Ct"). With this graphite in hand, the Company will be better positioned to secure offtake agreements as it continues its sales efforts with its various clients in North America , Europe , and Asia .
MONTREAL , April 2, 2019 /CNW Telbec/ - SRG Graphite Inc. (SRG.V) ("SRG" or the "Company") is pleased to report that the Company has received its Environmental Conformity Certificate from the government of Guinea for its Lola graphite project. "We are very pleased with the speed, thoughtfulness, and dedication of the government counterparty in their approval process," said Mr. David Vilder , CSR Manager for SRG. "Our team, consultants, the local community, and all levels of government worked together to produce a high-quality environmental and social impact assessment.
MONTREAL , March 14, 2019 /CNW Telbec/ - SRG Graphite Inc. (SRG.V) ("SRG" or the "Company") is pleased to report the final assay results of its 2018 drilling campaign for its Lola Graphite deposit in Guinea , West Africa . Of these boreholes, 10 were drilled at depth to confirm the presence of graphitic carbon ("Cg") within the non-weathered rock assemblage below the graphite-rich surface saprolite.
MONTREAL , Jan. 15, 2019 /CNW Telbec/ - SRG Graphite Inc. (SRG.V) ("SRG" or the "Company") is pleased to announce that it is now producing 95% graphite samples from its metallurgical laboratory at the Lola Graphite Deposit in Guinea , West Africa . Commissioning is completed, and production of graphite concentrate samples at various flake sizes and grades is ongoing. This will allow the company to quickly produce and send samples to prospective clients, a significant step in business development.
As green energy initiatives boost the need for graphite, one company continues to explore for the element in an unlikely place. SRG Graphite Inc. is a Canadian resource company that works in the exploration, development and production of high-quality, low-cost natural graphite flakes. SRG operates in the southeast region of the Republic of Guinea, in West Africa, and recently announced results for its latest round of assay testing with 162 new boreholes, bringing total tests to 557 boreholes and over 18,037 meters drilled.
MONTREAL , Nov. 19, 2018 /CNW Telbec/ - SRG Graphite Inc. (SRG.V) ("SRG" or the "Company") is pleased to announce the completion and subsequent opening of its metallurgical laboratory near the Lola Graphite Deposit in Guinea , West Africa . The laboratory will serve many purposes such as small-scale graphite production to pursue business development and continue to evaluate the properties of the deposit's graphite, training of the local technical workforce, and education of local communities about the project. The laboratory will also be used for sample preparation for exploration, geotechnical metallurgical testing and vendor tests, as well as further tests for process development.
MONTREAL , Nov. 1, 2018 /CNW Telbec/ - SRG Graphite Inc. (SRG.V) ("SRG" or the "Company") is pleased to announce that it has appointed Vincent P. Hogue , M.Sc. Mr. Hogue holds a master's degree in industrial relations and has worked in the securities industry for over 30 years. Until very recently, Mr. Hogue worked as vice-president brokerage and private management for the Desjardins Group and acted as executive vice-president and head of personal services with Desjardins Securities, responsible for leading both the discount and full-service brokerage businesses.
In addition to the planned 2018 exploration program, which is now completed, management has decided to extend the drill program to take advantage of the cost-beneficial drill rig the Company has on site.
MONTREAL , Oct 1, 2018 /CNW Telbec/ - SRG Graphite Inc. (SRG.V) ("SRG" or the "Company") is pleased to provide an update on the ongoing feasibility study for the Lola Graphite Project in Guinea , West Africa , announced earlier this month. Fieldwork required for the feasibility study is either well under way or completed ahead of schedule or on time. Given the positive advancement of fieldwork, management is confident in the timeline established for the completion of the feasibility study.
MONTREAL , Sept. 24, 2018 /CNW Telbec/ - SRG Graphite Inc. (SRG.V) ("SRG" or the "Company") announces today that SGS Canada ( Lakefield ) ("SGS") was selected for metallurgical testwork, flowsheet validation, piloting testwork, and bulk concentrate production for the Lola Graphite Project in Guinea , West Africa . Metallurgical testwork began a month ago, and bulk concentrate production is set to begin in the coming weeks. The testwork is conducted on a 1.5-tonne representative sample of mineralized material from the deposit, under the supervision of Oliver Peters of Metpro and Volodymyr Liskovych of DRA.
MONTREAL , Sept. 17, 2018 /CNW Telbec/ - SRG Graphite Inc. (SRG.V) ("SRG" or the "Company") announces that it has launched its work on the feasibility study in partnership with Montréal-based Met-Chem, a division of DRA Americas Inc. ("DRA"). The positive outcome of the Company's Preliminary Economic Assessment study ("PEA") along with the strong fundamentals for graphite and energy metals gives confidence in the future prospects of the Lola graphite project. To complement DRA, SRG has also contracted serval consultants with specific competencies related to the feasibility study.
SRG Graphite Amends its NI 43-101 Preliminary Economic Assessment Report for Lola Graphite Deposit