1993 Canadian federal budget

TRANSFORMA PROVIDES UPDATE ON MAC NICKEL PROPERTY AND ANNOUNCES OFFERING OF CRITICAL MINERALS FLOW-THROUGH SHARES

Retrieved on: 
Tuesday, September 26, 2023
AS Inur Transforma, TSX Venture Exchange, Section 50C of the Isle of Man Income Tax Act 1970, Exchange, Sale, MAC, Soil, Chromium, Nickel, Offering, Federal budget, Income Tax Act, TFM, 1993 Canadian federal budget, Cobalt, FPX, Rare-earth element, Iron ore

Vancouver, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Transforma Resources Corporation (the "Company" or "Transforma") (TSX-V: TFM) is pleased to report that it has recently completed an initial sampling program on the MAC Nickel Property, the results of which are currently pending. The Company intends to provide results after completion of testing and review by a qualified person.

Key Points: 
  • Separately, the Company is announcing its intention to raise funds for further exploration through the sale of flow-through common shares (the “FT Shares”).
  • Transforma is focused on advancing battery metal quality nickel deposits within its flagship MAC Property.
  • In 2012, highly anomalous levels of nickel and chrome, hosted in ultramafic rocks were discovered on the MAC Property.
  • Detailed and technical information on the MAC Property, as well as Transforma’s 100% owned Thunder Copper Property can be found on the new website.