Xmet Inc.

Xmet is pleased to announce that it has completed the second tranche of a non-brokered private placement for gross proceeds of $79,000. This amount represents the balance of funding that was not ready for the closing of our first tranche of financing of $1,133,000 on November 21st, 2014. The funds will be used to continue the advancement of the Company's Blackflake West and Grasset projects and for working capital [...]

TORONTO, ONTARIO--(Marketwired - Dec 11, 2014) - Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME) is pleased to announce that it has entered into a contract with Asinii Drilling to carry out its drill program on its Blackflake West Project. The drill program will focus on the project's All Channel electromagnetic response target which was followed up on with the ground induced polarization survey as announced [...]

TORONTO, ONTARIO--(Marketwired - Dec 10, 2014) - Xmet Inc. (TSX VENTURE:XME) ("Xmet") is pleased to announce that it has engaged Geotech (formerly Aeroquest International) to complete the first airborne Versatile Time Domain Electromagnetic ("VTEM") and Magnetic Gradiometer Survey on its 100% owned Grasset Project. The airborne survey is scheduled to begin in the next week and will consist of 330 line km in a [...]

TORONTO, ONTARIO--(Marketwired - Nov 21, 2014) - Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME) is pleased to announce that it has completed a non-brokered private placement for gross proceeds of $1,133,000. The funds will be used to continue the advancement of the Company's Blackflake West and Grasset projects and for working capital. "We are very pleased with the results of this financing in that we were [...]

TORONTO, ONTARIO--(Marketwired - Nov 5, 2014) - Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE:XME) is pleased to announce that it has completed its induced polarization (IP) and resistivity ground surveys. This is the final stage of the company's ground geophysical program enabling moving towards designing the drill program for Blackflake West. IP surveys are valuable tools for mineral deposits associated with [...]

TORONTO, ONTARIO--(Marketwired - Oct 31, 2014) - Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE:XME) is pleased to announce that it will be holding a live web steaming event where Management will present the developments and upcoming drill programs on its Blackflake West and Grasset Projects. Management will run through the Company's progress to date and going forward strategy for its two drill programs [...]

TORONTO, ONTARIO--(Marketwired - Oct 23, 2014) - Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME) is pleased to announce that it has elected to proceed with Phase Two of the Blackflake West Option Agreement with Metal Creek Resources Corp. (TSX VENTURE:MEK). Xmet has paid to Metals Creek the sum of $15,000 and has issued a further 1,000,000 common shares to Metals Creek in accordance with the terms of its option [...]

TORONTO, ONTARIO--(Marketwired - Oct 21, 2014) - Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME) is pleased to announce that, having completed the necessary eight kilometres of line cutting, it has commenced the second phase of its ground geophysical program on its Blackflake West 'All Channel' Electromagnetic ("EM") targets. The program is expected to be completed within the next seven days. Xmet has engaged [...]

TORONTO, ONTARIO--(Marketwired - Oct 14, 2014) - Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE:XME) is pleased to announce that it has staked and acquired a 100% interest in 10 claim units on the northern boundary of the Blackflake West property. These claims appear to host a northern extension of Blackflake West's 'All Channel' Electromagnetic graphite target. "After reviewing the results from our recent [...]

TORONTO, ONTARIO--(Marketwired - Sep 29, 2014) - Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE:XME) is pleased to report it has successfully completed its Versatile Time Domain Electromagnetic Surveying ("VTEM") survey, comprising 215 line kilometres, over the Blackflake West project. The results indicate that four conductors were identified, including a very large circular conductive anomaly with a diameter [...]