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Latest Raytec Metals Corp. Stories

2009-08-25 10:30:00

TSX.V-RAY VANCOUVER, Aug. 25 /PRNewswire-FirstCall/ - Raytec Metals Corp. (the "Company" or "Raytec") (TSX.V - RAY) announced today that it has entered into a binding Letter of Intent ("LOI") with Lion Petroleum Corp. ("Lion"), subject to certain conditions and completion of due diligence process. Lion is a privately held oil and gas exploration company based in Vancouver, British Columbia, with an exploration office in Nairobi, Kenya. Lion's principal assets are Blocks 1 and 2B, both highly...

2009-08-24 15:15:00

TSX.V-RAY VANCOUVER, Aug. 24 /PRNewswire-FirstCall/ - Raytec Metals Corp. (the "Company" or "Raytec") (TSX.V - RAY) is pleased to announce that it has closed its previously announced transactions with Encanto Potash Corp. ("Encanto"). Raytec has transferred all of its interests in its potash properties in Saskatchewan to Encanto's operating subsidiary in exchange for 19,846,525 common shares of Encanto, at a deemed total value of $0.25 per share ($4,961,631 in total). As a result, Raytec now...

2008-11-06 06:00:15

Raytec Metals Corp. (the "Company") (TSX VENTURE: RAY) announces the receipt of its remaining exploration permits issued from the government of Saskatchewan for the Company's KP455, KP466, KP467 and KP468 potash permits, located in central Saskatchewan. The KP455, KP466, KP467, and KP468 potash exploration permits grant the Company the right to explore approximately 89,643 acres of prospective potash ground contiguous with the Company's KP441 potash permit. Collectively, the potash permits...

2008-11-03 15:00:16

Raytec Metals Corp. (the "Company") (TSX VENTURE: RAY) announces that it has acquired 15 per-cent (15%) of the issued and outstanding Common Shares in Sulphur Solutions Inc. ("SSI"), a privately held company based in Calgary, Alberta. As reported in a press release on June 11th, 2008, Raytec negotiated the right to acquire 15% of SSI by making staged payments totaling $1.5-million upon SSI achieving specific technical milestones, which SSI has met. The agreement with SSI further provides...

2008-08-26 09:01:02

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 26, 2008) - Raytec Metals Corp. (the "Company") (TSX VENTURE:RAY) along with its joint venture partner Triex Minerals Corp. ("Triex") (TSX VENTURE:TXM), is pleased to announce the commencement of the 2008 summer diamond drill program at the Riverlake & Highrock properties located in the Athabasca Basin of Saskatchewan. Approximately 2,500 metres of diamond drilling is planned to test three main areas. The targets are near-surface,...

2008-08-25 09:01:28

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 25, 2008) - Raytec Metals Corp. (the "Company") (TSX VENTURE:RAY) has engaged the services of Kinetex Inc., a subsidiary of FirstGrowth-EDS (TSX VENTURE:FGC), to conduct 2-D seismic work on its Saskatchewan KP441 potash claim in advance of a proposed phase one drill program. The Company recently received its exploration permits on the KP441 and KP452 potash claims, covering 91,549 acres, from the Saskatchewan Ministry of Energy and Mines. In...

2008-08-19 12:00:41

Raytec Metals Corp. ("Raytec" or the "Company") (TSX VENTURE: RAY) is pleased to announce the formation of an advisory board whose mandate is to provide professional guidance and make recommendations for the successful exploitation and commercialization of the Company's potash deposits in Saskatchewan. The advisory board, comprised of a number of highly qualified individuals with specialized fertilizer industry experience, includes: - Howard Cummer, Ph.D. Mr. Cummer was born in...

2008-07-28 15:00:44

Raytec Metals Corp. (the "Company") (TSX-V: RAY) is pleased to announce the receipt of its second exploration permit from the government of Saskatchewan on the Company's KP452 Potash claim in south-central Saskatchewan. The KP452 exploration permit grants the Company the right to explore approximately 36,113 acres of prospective potash ground. The claim is located in the south-eastern portion of Saskatchewan's Prairie Evaporite formation, approximately 380 kilometres southeast of the...

2008-07-22 09:00:55

Raytec Metals Corp. (the "Company") (TSX-V: RAY) is pleased to provide an update on exploration work being carried out by its joint venture partner, Triex Minerals Corporation ("Triex"), on the Company's Riverlake and Highrock uranium projects in the prolific Athabasca Basin of Saskatchewan. Riverlake and Highrock Uranium Projects - Triex Minerals JV As of April 2008, Triex has completed data collection and interpretation from 211 line kilometres of ground EM surveys on the Riverlake and...

2008-07-17 09:01:01

Raytec Metals Corp. (the "Company") (TSX-V: RAY) is pleased to announce the receipt of its first exploration permit from the government of Saskatchewan on the Company's KP441 Potash claim in central Saskatchewan. The company is now in the process of awarding a contract for the commencement of 2D and 3D seismic work on the claim in advance of a proposed phase two drill program. The KP441 exploration permit grants the Company the right to explore approximately 55,436 acres of the claim block...


Word of the Day
ambsace
  • Bad luck; misfortune.
  • The smallest amount possible or the most worthless thing.
The word 'ambsace' comes from a Latin word meaning 'both'.