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Proposed Transaction with Prospector Metals Corp (TSXV: PPP) to Become A Canadian-Focused Exploration Company – “Lightning Resource Corp.”
Refer to the Press Release link below for more details on the transaction, proposed directors of Lightning Resource Corp, and other regulatory requirements.
Benefits for BeMetals Shareholders:
- The Acquisition, once completed, would reposition the Company as a Canadian-focused explorer with a portfolio of prospective exploration projects providing a pathway to discovery success and growth.
- A newly combined leadership team with a track record of finding new discoveries and advancing exploration projects will direct the vision of the Company following the Acquisition.
- B2Gold Corp. (TSX: BTO, NYSE American: BTG) (“B2Gold”) will continue to be a major shareholder of the Company.
- The Company will continue to seek value from its non-Canadian asset portfolio, which includes the Kazan Gold Project in Japan and the Pangeni Copper Project in Zambia.
Additional information will be posted as it becomes available. Check back often or sign up for our newsletter to receive timely information.
BMET Share Consolidation
Further to its news release dated April 16, 2026, it has received approval from the TSX Venture Exchange to consolidate the Company’s outstanding common shares on the basis of one new common share for every ten common shares.
The Consolidation will take effect at the start of trading on May 8, 2026, and the Company’s common shares will trade under the new CUSIP/ISIN numbers 081379307/CA0813793076 under the stock symbol 'BMET'.
See full details in the 01May26 Press Release
About BeMetals Corp.
BeMetals is a Canadian, precious and base metals exploration company focused on advancing its portfolio of high-potential mineral projects, while continuing to evaluate additional acquisition opportunities. The Company’s immediate focus is exploration of the Savant Gold Project with district-scale potential to host both iron formation–hosted and shear-hosted gold systems of size. This is a proven mining region with current operations including the Red Lake and Musselwhite mines. The Company also holds an interest in copper and gold exploration projects located in Zambia and Japan, respectively. BeMetals is led by an experienced team and is supported by a strategic shareholder, B2Gold, with approximately 37% ownership interest.