BeMetals is a precious and base metals exploration and development company with wholly owned projects in Japan and option agreements to acquire interests in mineral projects in Idaho and Zambia. BeMetals recently expanded its exposure into the gold sector through the acquisition of the Kazan Gold Project in Japan (Read more about Kazan here). In connection with the Company’s expansion into Japan, B2Gold Corp. (“B2Gold”) has become a strategic investor and currently holds approximately 19% of BeMetals’ outstanding shares. Pursuant to the option agreements, BeMetals has rights to acquire up to a 100% interest in the polymetallic (zinc-silver-gold-copper) South Mountain development project in southwest Idaho, USA (View more about South Mountain here) and rights to acquire a majority interest in the Pangeni Copper Exploration project on the western extension of the Zambian Copperbelt (Learn more about Pangeni here).
The Company continues to advance its high-quality portfolio of mineral projects through well-managed technical programs with prudent deployment of funding from its strong cash position. In addition, the Company is evaluating other potential precious and base metal acquisition opportunities utilizing the Company’s extensive worldwide network, experience and track-record in the mining business. BeMetals intends to become a leading precious and base metals producer through the advancement of quality exploration, development and production stage projects.
Founding directors of the Company include John Wilton (President and CEO), Clive Johnson, Roger Richer and Tom Garagan. In July 2020, Mark Connelly joined the Board as Non-Executive Chairman and director. The Board is joined by Derek Iwanaka (VP of Investor Relations and Corporate Development), Nick Furber (CFO), and Kristen Reinertson (Corporate Secretary and a director). Dr. Richard Sillitoe, one of the world’s foremost economic geological experts on precious and base metal deposits, provides technical input for the Company’s current projects and new project assessments as an advisor. Dennis Stansbury, a highly experienced mining engineer, and currently Sr. VP of Engineering and Project Evaluations with B2Gold Corp., serves as a technical advisor to BeMetals.
The Company’s shares are listed on the TSX Venture Exchange (“TSX-V”) under the symbol ‘BMET’, and they trade on the OTCQB in the U.S.A. under the symbol ‘BMTLF’, as well as on the Frankfurt Stock Exchange in Germany under the symbol ‘1OI.F’.
Since listing on the TSX-V the Company has successfully raised a total of $23.5 million through private placements of; $2.24 million in 2018, $6.25 million in 2019, $7.5 million in 2020, and another $7.5 million in 2021. B2Gold became a strategic investor in BeMetals through the latest financing and the acquisition of the Kazan Gold Project in Japan, where B2Gold subscribed for $7.5 million as part of the Kazan acquisition. BeMetals is well financed to advance its current projects and to potentially make new project acquisitions.
Proven Track Record of Creating Value for Shareholders