Future Mineral Resources Inc
WKN: A41GSB / ISIN: CA3611551043Sulliden Mining Capital
22.03.25 10:53
#1
peter47
Sulliden Mining Capital
Sulliden Mining Capital Announces Summer Exploration Plan for East Sullivan
TORONTO, March 20, 2025 (GLOBE NEWSWIRE) -- Sulliden Mining Capital Inc. (“ Sulliden ” or the “ Company ”) (TSX: SMC) announces today it intends to continue exploration at its East Sullivan Copper Gold project. The property is in the Abitibi greenstone belt in Quebec, host to multiple world class base metals and gold deposits.
Located in proximity (less than 1km), and on strike with the Triangle deposit, the underground mine operated by Eldorado Gold on its Lamaque property. The Lamaque Property hosts 7.1 Mt @ 7.9g/t at a cut-off grade of 4.7g/t Au. The contained metal for the Measured and Indicated Resources of 1.8 Moz of gold 1 .
Sulliden’ s concession covers 334 hectares that encompasses the former East-Sullivan Copper-Zinc-Gold-Silver Mine less than 10km from the town of Val D’or.
Limited follow-up drilling has confirmed the strike potential on both extremities of the former mine with a gold-only zone found 500m east of the easternmost stopes of the former mine.
...
http://sulliden.com/investors/news/display/index.php?content_id=187
TORONTO, March 20, 2025 (GLOBE NEWSWIRE) -- Sulliden Mining Capital Inc. (“ Sulliden ” or the “ Company ”) (TSX: SMC) announces today it intends to continue exploration at its East Sullivan Copper Gold project. The property is in the Abitibi greenstone belt in Quebec, host to multiple world class base metals and gold deposits.
Located in proximity (less than 1km), and on strike with the Triangle deposit, the underground mine operated by Eldorado Gold on its Lamaque property. The Lamaque Property hosts 7.1 Mt @ 7.9g/t at a cut-off grade of 4.7g/t Au. The contained metal for the Measured and Indicated Resources of 1.8 Moz of gold 1 .
Sulliden’ s concession covers 334 hectares that encompasses the former East-Sullivan Copper-Zinc-Gold-Silver Mine less than 10km from the town of Val D’or.
Limited follow-up drilling has confirmed the strike potential on both extremities of the former mine with a gold-only zone found 500m east of the easternmost stopes of the former mine.
...
http://sulliden.com/investors/news/display/index.php?content_id=187
29.03.25 09:20
#2
peter47
Sulliden Announces Management and Board Changes
Sulliden Announces Management and Board Changes, Private Placement Financings, and Annual General and Special Meeting
TORONTO, March 25, 2025 (GLOBE NEWSWIRE) --
Sulliden Mining Capital Inc. (“ Sulliden ” or the “ Company ”) (TSX: SMC) is pleased to announce that Fred Leigh has been appointed as the president and chief executive officer and a director of the Company, effective immediately.
Mr. Leigh has almost 40 years of experience working with early-stage companies and has had a significant role as founder, director and/or investor in many public companies. He is also the founder and President of VC7K Capital Inc., a privately held company which, for over 30 years has invested in early-stage opportunities in the resource sector. VC7K Capital Inc. was an early investor in successful companies such as, Wheaton River Minerals, Hathor Exploration, and Blue Pearl Mining.
The appointment of Mr. Leigh follows the resignation of Scott Moore as the president and chief executive officer and a director of the Company, effective immediately. The board and management of Sulliden express their gratitude to Mr. Moore for his efforts and contributions and wish him well in his future endeavours.
Private Placements
The Company is also pleased to announce that it intends to complete best efforts non-brokered private placement hard dollar and flow-through financings for gross proceeds of up to $500,000 and $1,000,000, respectively, (the “ Offerings ”). The Company anticipates that up to 10,000,000 units (each, a “ Unit ”) and up to 20,000,000 common shares of the Company will be issued pursuant to the hard dollar and flow-through Offerings at a price of $0.05 per Unit and $0.05 per common share, respectively. Each common share will be issued on a “flow-through basis”. Each Unit will consist of one common share of the Company and one common share purchase warrant (each a “ Warrant ”). Each Warrant will entitle the holder to acquire one additional common share of the Company at a price of $0.10 for a period of 24 months from issuance.
Closing of the Offerings is expected to occur in April 2025. All securities issued in connection with the Offerings will be subject to a statutory hold period of four-months and one day. Completion of the Offerings is subject to a number of conditions, including all approvals from the Toronto Stock Exchange (“ TSX ”). Finder’s fees may be paid to eligible finders in accordance with the policies of the TSX consisting of a cash commission equal to up to 7% of the gross proceeds raised under the Offerings and finder warrants (“ Finder Warrants ”) in an amount equal to up to 7% of the number of common shares and Units sold pursuant to the Offerings. Each Finder Warrant will entitle the holder thereof to purchase one common share of the Company at a price of $0.10 per share for a period of 24 months following the closing date of the Offerings. The Company intends to use the net proceeds of the Offerings for general corporate purposes and to fund exploration expenditures on its properties.
Annual General and Special Meeting
In addition, the Company announced today that it has scheduled its annual general and special meeting (the “ Meeting ”) for June 30, 2025. The Meeting will be held in accordance with applicable corporate governance practices and will provide shareholders with the opportunity to discuss the Company's performance and future direction.
Pursuant to the rules of the TSX, the Meeting was originally required to be held by January 31, 2025. However, the Company opted to delay the meeting while it carefully considered strategic options that had the potential to significantly impact the Company's operations and shareholder interests. After a review process, the Company determined that scheduling the Meeting for June 30, 2025, is in the best interests of the Company.
"We appreciate our shareholders' patience and understanding as we undertook this important process," said the new Chief Executive Officer of the Company, Fred Leigh. "I believe that the decisions made during this period have positioned the Company to pursue strategic initiatives that we believe will create long-term value. We look forward to engaging with our shareholders at the upcoming meeting."
Further details regarding the Meeting, including the time, location, and agenda, will be provided in the official meeting notice and proxy materials, which will be distributed in due course.
...
http://sulliden.com/investors/news/display/index.php?content_id=188
TORONTO, March 25, 2025 (GLOBE NEWSWIRE) --
Sulliden Mining Capital Inc. (“ Sulliden ” or the “ Company ”) (TSX: SMC) is pleased to announce that Fred Leigh has been appointed as the president and chief executive officer and a director of the Company, effective immediately.
Mr. Leigh has almost 40 years of experience working with early-stage companies and has had a significant role as founder, director and/or investor in many public companies. He is also the founder and President of VC7K Capital Inc., a privately held company which, for over 30 years has invested in early-stage opportunities in the resource sector. VC7K Capital Inc. was an early investor in successful companies such as, Wheaton River Minerals, Hathor Exploration, and Blue Pearl Mining.
The appointment of Mr. Leigh follows the resignation of Scott Moore as the president and chief executive officer and a director of the Company, effective immediately. The board and management of Sulliden express their gratitude to Mr. Moore for his efforts and contributions and wish him well in his future endeavours.
Private Placements
The Company is also pleased to announce that it intends to complete best efforts non-brokered private placement hard dollar and flow-through financings for gross proceeds of up to $500,000 and $1,000,000, respectively, (the “ Offerings ”). The Company anticipates that up to 10,000,000 units (each, a “ Unit ”) and up to 20,000,000 common shares of the Company will be issued pursuant to the hard dollar and flow-through Offerings at a price of $0.05 per Unit and $0.05 per common share, respectively. Each common share will be issued on a “flow-through basis”. Each Unit will consist of one common share of the Company and one common share purchase warrant (each a “ Warrant ”). Each Warrant will entitle the holder to acquire one additional common share of the Company at a price of $0.10 for a period of 24 months from issuance.
Closing of the Offerings is expected to occur in April 2025. All securities issued in connection with the Offerings will be subject to a statutory hold period of four-months and one day. Completion of the Offerings is subject to a number of conditions, including all approvals from the Toronto Stock Exchange (“ TSX ”). Finder’s fees may be paid to eligible finders in accordance with the policies of the TSX consisting of a cash commission equal to up to 7% of the gross proceeds raised under the Offerings and finder warrants (“ Finder Warrants ”) in an amount equal to up to 7% of the number of common shares and Units sold pursuant to the Offerings. Each Finder Warrant will entitle the holder thereof to purchase one common share of the Company at a price of $0.10 per share for a period of 24 months following the closing date of the Offerings. The Company intends to use the net proceeds of the Offerings for general corporate purposes and to fund exploration expenditures on its properties.
Annual General and Special Meeting
In addition, the Company announced today that it has scheduled its annual general and special meeting (the “ Meeting ”) for June 30, 2025. The Meeting will be held in accordance with applicable corporate governance practices and will provide shareholders with the opportunity to discuss the Company's performance and future direction.
Pursuant to the rules of the TSX, the Meeting was originally required to be held by January 31, 2025. However, the Company opted to delay the meeting while it carefully considered strategic options that had the potential to significantly impact the Company's operations and shareholder interests. After a review process, the Company determined that scheduling the Meeting for June 30, 2025, is in the best interests of the Company.
"We appreciate our shareholders' patience and understanding as we undertook this important process," said the new Chief Executive Officer of the Company, Fred Leigh. "I believe that the decisions made during this period have positioned the Company to pursue strategic initiatives that we believe will create long-term value. We look forward to engaging with our shareholders at the upcoming meeting."
Further details regarding the Meeting, including the time, location, and agenda, will be provided in the official meeting notice and proxy materials, which will be distributed in due course.
...
http://sulliden.com/investors/news/display/index.php?content_id=188
12.04.25 11:22
#3
peter47
Sulliden Acquires Portion of Nickel, Zinc, and Lea
Sulliden Acquires Portion of Nickel, Zinc, and Lead Mining Exploration Project in Poland
TORONTO, April 07, 2025 (GLOBE NEWSWIRE) -- Sulliden Mining Capital Inc. (“ Sulliden ” or the “ Company ”) (TSX: SMC) is pleased to announce that it has indirectly acquired a 5.2% interest in a nickel, zinc, and lead mining exploration project in Poland (the “ Project ”) through the purchase of 10% of the issued and outstanding shares of Sustainable Royalty Corp. (the “ Target ”), a private company, from Mr. Stan Bharti (the “ Vendor ”), a former chief executive officer and director of the Company (the “ Acquisition ”). The Project consists of the Szklary and Dabrowka concessions, each as described in greater detail below.
Pursuant to a share purchase agreement respecting the Acquisition dated April 3, 2025, Sulliden acquired a 10% equity interest in the Target (or 1,000,000 of the Target’s issued and outstanding common shares), with Mr. Bharti retaining a 63% interest. The Target owns 52% of Ferrite Resources Polska sp. Z.o.o., a company incorporated in Poland, which owns 100% of the Szklary and Dabrowka concessions. As consideration, Sulliden paid an aggregate of C$100,000 to the Vendor and committed to spending an additional 250,000 euros on the Project within six months of closing. The Acquisition was an arm’s length transaction for purposes of the policies of the Toronto Stock Exchange (“ TSX ”). No finder fees were paid in connection with, and no change of control of Sulliden resulted from, the Acquisition.
Szklary is a nickel laterite deposit located approximately 50km south of Wroclaw, Poland. The deposit forms N-S striking elongated ridge with the Ni-laterite exposed in the first 20m below surface. Historical production is recorded as 3.5 Mt @ 0.79% Ni = 28,000 tonnes. Approximately 2,500 holes were drilled in the past during the Soviet era, and a technical report was previously prepared that is compliant with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“ NI 43-101 ”) for the central part of the property (Redstone Exploration Service, February 2022). However, because of the absence of drillcore, the Company expects that an extra 30 holes will be drilled to confirm the historical inferred mineral resource described in the report. Mining would skim the laterite, and ongoing exploration is expected by the Company to investigate the as yet unexplored sulphite deposit at depth. Szklary has a JORC-compliant historical inferred mineral resource of 32.9 Mt @ 0.70% Ni (Northern Mining Ltd., filed with the ASX in July 2008).
Dabrowka is located 25km north of the city of Katowice, Poland. The property has an existing mined out shaft, but requires a small decline shaft to a maximum of 80m depth. As a result, the Company anticipates that little primary development is necessary. The in-situ historical non-compliant inferred mineral resource (M. O’Brien, Feb 2024) resource has been estimated as an in-situ JORC-compliant resource as follows:
Zinc - 22.4 Mt @ 2.8% = 634,940 tonnes
Lead - 22.4 Mt @ 0.7% = 154,000 tonnes
The Company expects that an additional 27 holes will be drilled to compliment the historical exploration.
Note: a qualified person (as such term is defined in NI 43-101) has not done sufficient work to classify the historical estimates described above as current mineral resources or mineral reserves and the Company is not treating the historical estimate as current mineral resources or mineral reserves.
Upside Benefits of the Project:
two smelters are situated <20km away from the Project, which are accessible via rail room & pillar mining methods, using decline, are utilized at the Project - magnetic separation of ore is proven technology currently used in several mines there is a potential second Zn Pb deposit at between 80 to 100m apart from primary at 4 to 50m depth
Mr. Fred Leigh, Chief Executive Officer of Sulliden, commented: "We are pleased to announce our strategic investment in a Polish mining asset, reinforcing our commitment to expanding our portfolio in key resource sectors."
Qualified Person
The scientific and technical information contained herein has been reviewed and approved by Dr. Andreas Rompel, Pr.Sci.Nat, FSAIMM, an independent consultant who is a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects .
Option Grant
In addition, the Company announces that, subject to regulatory approval, it has granted 3,175,000 stock options to certain directors, officers, and consultants of the Company in accordance with the Company’s stock option plan. The options vest immediately and may be exercised at a price of $0.05 per option for a period of four years from the date of grant. The common shares underlying the options are subject to a four-month hold period in accordance with the policies of the TSX.
http://sulliden.com/investors/news/display/index.php?content_id=189
TORONTO, April 07, 2025 (GLOBE NEWSWIRE) -- Sulliden Mining Capital Inc. (“ Sulliden ” or the “ Company ”) (TSX: SMC) is pleased to announce that it has indirectly acquired a 5.2% interest in a nickel, zinc, and lead mining exploration project in Poland (the “ Project ”) through the purchase of 10% of the issued and outstanding shares of Sustainable Royalty Corp. (the “ Target ”), a private company, from Mr. Stan Bharti (the “ Vendor ”), a former chief executive officer and director of the Company (the “ Acquisition ”). The Project consists of the Szklary and Dabrowka concessions, each as described in greater detail below.
Pursuant to a share purchase agreement respecting the Acquisition dated April 3, 2025, Sulliden acquired a 10% equity interest in the Target (or 1,000,000 of the Target’s issued and outstanding common shares), with Mr. Bharti retaining a 63% interest. The Target owns 52% of Ferrite Resources Polska sp. Z.o.o., a company incorporated in Poland, which owns 100% of the Szklary and Dabrowka concessions. As consideration, Sulliden paid an aggregate of C$100,000 to the Vendor and committed to spending an additional 250,000 euros on the Project within six months of closing. The Acquisition was an arm’s length transaction for purposes of the policies of the Toronto Stock Exchange (“ TSX ”). No finder fees were paid in connection with, and no change of control of Sulliden resulted from, the Acquisition.
Szklary is a nickel laterite deposit located approximately 50km south of Wroclaw, Poland. The deposit forms N-S striking elongated ridge with the Ni-laterite exposed in the first 20m below surface. Historical production is recorded as 3.5 Mt @ 0.79% Ni = 28,000 tonnes. Approximately 2,500 holes were drilled in the past during the Soviet era, and a technical report was previously prepared that is compliant with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“ NI 43-101 ”) for the central part of the property (Redstone Exploration Service, February 2022). However, because of the absence of drillcore, the Company expects that an extra 30 holes will be drilled to confirm the historical inferred mineral resource described in the report. Mining would skim the laterite, and ongoing exploration is expected by the Company to investigate the as yet unexplored sulphite deposit at depth. Szklary has a JORC-compliant historical inferred mineral resource of 32.9 Mt @ 0.70% Ni (Northern Mining Ltd., filed with the ASX in July 2008).
Dabrowka is located 25km north of the city of Katowice, Poland. The property has an existing mined out shaft, but requires a small decline shaft to a maximum of 80m depth. As a result, the Company anticipates that little primary development is necessary. The in-situ historical non-compliant inferred mineral resource (M. O’Brien, Feb 2024) resource has been estimated as an in-situ JORC-compliant resource as follows:
Zinc - 22.4 Mt @ 2.8% = 634,940 tonnes
Lead - 22.4 Mt @ 0.7% = 154,000 tonnes
The Company expects that an additional 27 holes will be drilled to compliment the historical exploration.
Note: a qualified person (as such term is defined in NI 43-101) has not done sufficient work to classify the historical estimates described above as current mineral resources or mineral reserves and the Company is not treating the historical estimate as current mineral resources or mineral reserves.
Upside Benefits of the Project:
two smelters are situated <20km away from the Project, which are accessible via rail room & pillar mining methods, using decline, are utilized at the Project - magnetic separation of ore is proven technology currently used in several mines there is a potential second Zn Pb deposit at between 80 to 100m apart from primary at 4 to 50m depth
Mr. Fred Leigh, Chief Executive Officer of Sulliden, commented: "We are pleased to announce our strategic investment in a Polish mining asset, reinforcing our commitment to expanding our portfolio in key resource sectors."
Qualified Person
The scientific and technical information contained herein has been reviewed and approved by Dr. Andreas Rompel, Pr.Sci.Nat, FSAIMM, an independent consultant who is a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects .
Option Grant
In addition, the Company announces that, subject to regulatory approval, it has granted 3,175,000 stock options to certain directors, officers, and consultants of the Company in accordance with the Company’s stock option plan. The options vest immediately and may be exercised at a price of $0.05 per option for a period of four years from the date of grant. The common shares underlying the options are subject to a four-month hold period in accordance with the policies of the TSX.
http://sulliden.com/investors/news/display/index.php?content_id=189
28.06.25 13:36
#4
peter47
Sulliden Acquires 48% of Nickel, Zinc, and Lead Mi
Sulliden Acquires 48% of Nickel, Zinc, and Lead Mining Exploration Project in Poland
TORONTO, June 26, 2025 (GLOBE NEWSWIRE)
Sulliden Mining Capital Inc. (“ Sulliden ” or the “ Company ”) (TSX: SMC) is pleased to announce that it has acquired (the “ Acquisition ”) a 48% interest in a nickel, zinc, and lead mining exploration project in Poland (the “ Project ”) through the purchase of 48% of the issued and outstanding shares of Ferrite Resources Polska sp. z o.o. (the “ Target ”), a private company incorporated under the laws of Poland, from Ferrite Resources Pty Ltd., a private Australian company (the “ Vendor ”). The Project consists of the Szklary and Dabrowka concessions, each as described in greater detail below.
Pursuant to a share purchase agreement respecting the Acquisition dated June 10, 2025, Sulliden acquired 48% of the issued and outstanding common shares of the Target. The Target owns 100% of the Project, which consists of the Szklary and Dabrowka concessions. As consideration, Sulliden paid 62,500 euro to the Vendor and agreed to indemnify a former director of the Target for any costs relating to his former position as a director or officer of the Target. The Acquisition was an arm’s length transaction for purposes of the policies of the Toronto Stock Exchange (“ TSX ”). No finder fees were paid in connection with, and no change of control of Sulliden resulted from, the Acquisition.
...
http://sulliden.com/investors/news/display/index.php?content_id=190
TORONTO, June 26, 2025 (GLOBE NEWSWIRE)
Sulliden Mining Capital Inc. (“ Sulliden ” or the “ Company ”) (TSX: SMC) is pleased to announce that it has acquired (the “ Acquisition ”) a 48% interest in a nickel, zinc, and lead mining exploration project in Poland (the “ Project ”) through the purchase of 48% of the issued and outstanding shares of Ferrite Resources Polska sp. z o.o. (the “ Target ”), a private company incorporated under the laws of Poland, from Ferrite Resources Pty Ltd., a private Australian company (the “ Vendor ”). The Project consists of the Szklary and Dabrowka concessions, each as described in greater detail below.
Pursuant to a share purchase agreement respecting the Acquisition dated June 10, 2025, Sulliden acquired 48% of the issued and outstanding common shares of the Target. The Target owns 100% of the Project, which consists of the Szklary and Dabrowka concessions. As consideration, Sulliden paid 62,500 euro to the Vendor and agreed to indemnify a former director of the Target for any costs relating to his former position as a director or officer of the Target. The Acquisition was an arm’s length transaction for purposes of the policies of the Toronto Stock Exchange (“ TSX ”). No finder fees were paid in connection with, and no change of control of Sulliden resulted from, the Acquisition.
...
http://sulliden.com/investors/news/display/index.php?content_id=190
05.07.25 12:20
#5
peter47
Sulliden Mining Capital Announces AGM Results
Sulliden Mining Capital Announces AGM Results
TORONTO, June 30, 2025 (GLOBE NEWSWIRE) -- Sulliden Mining Capital Inc. (“ Sulliden ” or the “ Company ”) (TSX: SMC) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated May 20, 2025 (the “ Circular ”) for the 2024 Annual and Special Meeting of Shareholders of the Company (the “ Meeting ”) were elected as directors of the Company. 16.52% of all of the issued and outstanding shares of the Company were represented at the Meeting.
...
http://sulliden.com/investors/news/display/index.php?content_id=191
TORONTO, June 30, 2025 (GLOBE NEWSWIRE) -- Sulliden Mining Capital Inc. (“ Sulliden ” or the “ Company ”) (TSX: SMC) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated May 20, 2025 (the “ Circular ”) for the 2024 Annual and Special Meeting of Shareholders of the Company (the “ Meeting ”) were elected as directors of the Company. 16.52% of all of the issued and outstanding shares of the Company were represented at the Meeting.
...
http://sulliden.com/investors/news/display/index.php?content_id=191