HF2

Reflex Advanced Materials Corp. Announces Sale of ZigZag Property

Retrieved on: 
Tuesday, January 9, 2024
Lithium, Sales management, Sale, Reflex, Acquisition, Property, HF2

VANCOUVER, British Columbia, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (OTCQB:RFLXF) (FSE:HF2) (“Reflex” or the “Company”) is pleased to announce that it has sold a 100% interest in the ZigZag Lake Lithium Property (the “Property”), located near Crescent Lake, Ontario, to Integral Metals Corp. (the “Purchaser”) pursuant to a property purchase agreement dated January 8, 2024 (the “Purchase Agreement”).

Key Points: 
  • VANCOUVER, British Columbia, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (OTCQB:RFLXF) (FSE:HF2) (“Reflex” or the “Company”) is pleased to announce that it has sold a 100% interest in the ZigZag Lake Lithium Property (the “Property”), located near Crescent Lake, Ontario, to Integral Metals Corp. (the “Purchaser”) pursuant to a property purchase agreement dated January 8, 2024 (the “Purchase Agreement”).
  • Pursuant to the Purchase Agreement, the Purchaser has paid $400,000 to the Company and issued 1,000,000 common shares in the capital of the Purchaser (the “Consideration Shares”) in consideration for the Property.
  • In connection with the closing of the Property acquisition by the Purchaser, Reflex exercised its option in respect of the Property in accordance with the mineral property option agreement dated September 1, 2021, following which it conveyed title to the Property to the Purchaser pursuant to the Purchase Agreement.
  • No finder’s fees or commissions are being paid in connection with the sale of the Property.

Reflex Advanced Materials Corp. Completes First Tranche of Non-Brokered Private Placement

Retrieved on: 
Monday, January 8, 2024
Private, Sale, Private placement, CAD, HF2, Security (finance)

VANCOUVER, British Columbia, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (OTCQB:RFLXF) (FSE:HF2) (“Reflex” or the “Company”) is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement financing (the “Private Placement”) for aggregate gross proceeds of CAD$575,000. Pursuant to the Private Placement, the Company issued 5,750,000 units (each, a “Unit”) at a price of CAD$0.10 per Unit. Each Unit consists of one (1) common share (each, a “Share”) and one (1) common share purchase warrant (each, a “Warrant”). Each Warrant is exercisable into one (1) Share at an exercise price of CAD$0.15 until January 4, 2026.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (OTCQB:RFLXF) (FSE:HF2) (“Reflex” or the “Company”) is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement financing (the “Private Placement”) for aggregate gross proceeds of CAD$575,000.
  • Pursuant to the Private Placement, the Company issued 5,750,000 units (each, a “Unit”) at a price of CAD$0.10 per Unit.
  • Each Unit consists of one (1) common share (each, a “Share”) and one (1) common share purchase warrant (each, a “Warrant”).
  • The Company intends to use the net proceeds raised from the Private Placement to undertake advanced exploration and development activities on the Ruby Graphite Project and for general working capital.

Reflex Advanced Materials Corp. Announces Financing for Up to $1M

Retrieved on: 
Friday, December 15, 2023
Sale, OTCQB, Unit, HF2, Offering, Security (finance)

VANCOUVER, British Columbia, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX), (OTCQB:RFLXF), (FSE:HF2) (“Reflex” or the “Company”) is pleased to announce a non-brokered private placement of units (“Units”) at a price of $0.10 per Unit for gross proceeds of up to $1,000,000 (the “Offering”).

Key Points: 
  • VANCOUVER, British Columbia, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX), (OTCQB:RFLXF), (FSE:HF2) (“Reflex” or the “Company”) is pleased to announce a non-brokered private placement of units (“Units”) at a price of $0.10 per Unit for gross proceeds of up to $1,000,000 (the “Offering”).
  • The Company intends to use the net proceeds raised from the Offering to undertake advanced exploration and development activities on the Ruby Graphite Property and for general working capital.
  • All securities issued in the Offering will be subject to a statutory hold period of four month and one day.
  • Closing of the Offering is subject to receipt of all regulatory approvals, including approval of the Canadian Securities Exchange.

Reflex Advanced Materials Corp. Closes Third and Final Tranche of Private Placement

Retrieved on: 
Friday, November 17, 2023
National instrument, FSE, CSE, HF2, Part, Unit, Offering, News, Security (finance)

VANCOUVER, British Columbia, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (FSE:HF2) (“Reflex” or the “Company”) announces that, further to its news releases of September 22, 2023, October 16, 2023, October 18, 2023, and October 24, 2023 which announced i.) a private placement offering of units of the Company of up to $1,000,000 (the “Offering”), ii.) the closing of the first tranche of the Offering, iii.) the closing of the second tranche of the Offering, and iv.) the upsizing of the Offering, respectively, it has closed the third and final tranche of the Offering (the “Third Tranche”) by issuing 500,000 units of the Company (each, a “Unit”) at a price of $0.20 per Unit for aggregate gross proceeds of $100,000.

Key Points: 
  • a private placement offering of units of the Company of up to $1,000,000 (the “Offering”), ii.)
  • the closing of the first tranche of the Offering, iii.)
  • the closing of the second tranche of the Offering, and iv.)
  • This press release does not constitute an offer to acquire securities in any ‎jurisdiction.‎
    ON BEHALF OF THE BOARD OF DIRECTORS,

Update to Reflex Advanced Materials Corp Initial Drill Program at Ruby Graphite Project

Retrieved on: 
Tuesday, November 14, 2023
Carbon, National instrument, FSE, Minimax, CSE, OTCQB, IP, HF2, TDEM, B03, S21, ALS, CGI, Groundhog, Photography, 3D, Orientation, Calc, HQ, News, Vein, Sample, Rare-earth element, Telescopic sight, Limestone, Uranium mining, Graphite, Property

VANCOUVER, British Columbia, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE: RFLX), (OTCQB:RFLXF), (FSE:HF2) (“Reflex” or the “Company”), announced the completion of the Company's 2023 Phase One drill program (the "Program") at its Ruby Graphite Project (the "Project") near Dillon, Montana in a recent news release dated October 24, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE: RFLX), (OTCQB:RFLXF), (FSE:HF2) (“Reflex” or the “Company”), announced the completion of the Company's 2023 Phase One drill program (the "Program") at its Ruby Graphite Project (the "Project") near Dillon, Montana in a recent news release dated October 24, 2023.
  • The acquired data allows the team to better understand the structural trends for targeting in future drill programs.
  • For more information on Reflex Advanced Materials Corp and its mineral projects, please visit the Company’s website at www.reflexmaterials.com .
  • Visit the Reflex Advanced Materials homepage or click on the following URL to view the Company’s Corporate Presentation:
    ON BEHALF OF THE BOARD OF DIRECTORS,

Reflex Advanced Materials Corp. Announces Upsizing of Non-Brokered Offering to $1.5 Million

Retrieved on: 
Tuesday, October 24, 2023
Sale, Unit, Person, HF2, CSE, National instrument, Offering, FSE, Part, NI, Security (finance)

VANCOUVER, British Columbia, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (FSE:HF2) (“Reflex” or the “Company”) is pleased to announce an increase to its non-brokered private placement financing (the “Offering”) previously announced on August 21, 2023 and September 22, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (FSE:HF2) (“Reflex” or the “Company”) is pleased to announce an increase to its non-brokered private placement financing (the “Offering”) previously announced on August 21, 2023 and September 22, 2023.
  • The closing of the first and second tranches of the Offering were further announced by the Company on October 16 and 20, 2023 respectively.
  • The net proceeds of the Offering are intended to be used to advance the Company’s Ruby Graphite Project and for other general corporate purposes.
  • Finders’ fees may be payable to eligible arm’s length persons with respect to certain subscriptions accepted by the Company.

Reflex Advanced Materials Corp Successfully Completes Initial Drill Program at Ruby Graphite Project in Dillon, Montana

Retrieved on: 
Tuesday, October 24, 2023
Ruby, HF2, News, CSE, OTCQB, National instrument, ALS, FSE, National Instrument 43-101, Rare-earth element, Management, Property

VANCOUVER, British Columbia, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE: RFLX), (OTCQB:RFLXF), (FSE:HF2) (“Reflex” or the “Company”), proudly announces the completion of the Company's 2023 Phase One drill program (the "Program") at its Ruby Graphite Project (the "Project") near Dillon, Montana.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE: RFLX), (OTCQB:RFLXF), (FSE:HF2) (“Reflex” or the “Company”), proudly announces the completion of the Company's 2023 Phase One drill program (the "Program") at its Ruby Graphite Project (the "Project") near Dillon, Montana.
  • The Company’s geological team is now working on data compilation and assay results are expected in Q1 2024.
  • For more information on Reflex Advanced Materials Corp and its mineral projects, please visit the Company’s website at www.reflexmaterials.com .
  • Visit the Reflex Advanced Materials homepage or click on the following URL to view the Company’s Corporate Presentation:
    ON BEHALF OF THE BOARD OF DIRECTORS,

Reflex Advanced Materials Corp. Closes Second Tranche of Private Placement

Retrieved on: 
Wednesday, October 18, 2023
Special-purpose acquisition company, Unit, HF2, News, CSE, National instrument, Offering, Joint Stock Companies Winding-Up Act 1844, FSE, Part, Security (finance)

VANCOUVER, British Columbia, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (FSE:HF2) (“Reflex” or the “Company”) announces that, further to its news releases of September 22, 2023 and October 16, 2023, which announced a private placement offering of units of the Company of up to $1,000,000 (the “Offering”) and the closing of the first tranche of the Offering, respectively, it has closed the second tranche of the Offering (the “Second Tranche”) issuing 2,300,000 units of the Company (each, a “Unit”) at a price of $0.20 per Unit for aggregate gross proceeds of $460,000.

Key Points: 
  • In connection with closing of the Second Tranche, the Company paid cash finder’s fees in the aggregate of $36,800.00 and issued a total of 164,000 finder’s warrants (each, a “Finder’s Warrant”).
  • The net proceeds from the Second Tranche are intended to be used for general and administrative expenditures as well as non-flow-through exploration and evaluation expenditures.
  • In accordance with the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, the Units issued in connection with the Second Tranche are not subject to a hold period pursuant to applicable Canadian securities laws.
  • This press release does not constitute an offer to acquire securities in any ‎jurisdiction.‎
    ON BEHALF OF THE BOARD OF DIRECTORS,

Reflex Advanced Materials Corp. Closes First Tranche of Private Placement

Retrieved on: 
Monday, October 16, 2023
Unit, HF2, National instrument, Special-purpose acquisition company, Joint Stock Companies Winding-Up Act 1844, CSE, Part, FSE, News, Security (finance)

VANCOUVER, British Columbia, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (FSE:HF2) (“Reflex” or the “Company”) announces that, further to its news release of September 22, 2023, which announced a private placement offering of units of the Company of up to $1,000,000 (the “Offering”), it has closed the first tranche of the Offering (the “First Tranche”) issuing 2,050,000 units of the Company (each, a “Unit”) at a price of $0.20 per Unit for aggregate gross proceeds of $410,000.

Key Points: 
  • In connection with closing of the First Tranche, the Company paid cash finder’s fees in the aggregate of $8,000 and issued a total of 40,000 finder’s warrants (each, a “Finder’s Warrant”).
  • Each Finder’s Warrant is exercisable into one (1) Share at an exercise price of C$0.35 until October 13, 2025, being the date that is two years from the date of issue.
  • The net proceeds from the First Tranche are intended to be used for general and administrative expenditures as well as non-flow-through exploration and evaluation expenditures.
  • This press release does not constitute an offer to acquire securities in any ‎jurisdiction.‎
    ON BEHALF OF THE BOARD OF DIRECTORS,

Reflex Advanced Materials Corp. Amends Non-Brokered Private Placement

Retrieved on: 
Saturday, September 23, 2023
Unit, CSE, Private placement, Private, FSE, Part, Person, Sale, National instrument, NI, HF2, Security (finance)

VANCOUVER, British Columbia, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (FSE:HF2) (“Reflex” or the “Company”) announces an amendment to the terms of its non-brokered private placement financing (the “Private Placement”) previously announced on August 21, 2023. The Private Placement is now comprised of up to 5,000,000 units of the Company (“Units”) at an updated price of $0.20 per Unit for aggregate gross proceeds of up to $1,000,000.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (FSE:HF2) (“Reflex” or the “Company”) announces an amendment to the terms of its non-brokered private placement financing (the “Private Placement”) previously announced on August 21, 2023.
  • The Private Placement is now comprised of up to 5,000,000 units of the Company (“Units”) at an updated price of $0.20 per Unit for aggregate gross proceeds of up to $1,000,000.
  • The net proceeds of the Private Placement are intended to be used to advance the Company’s Ruby Graphite Project and for other general corporate purposes.
  • Because the Private Placement is to be completed pursuant to the LIFE Exemption, the securities issued in connection with the Private Placement will not be subject to resale restrictions in accordance with applicable Canadian securities laws.