Last C$0.07 CAD
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Volume 5.0K
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As of 9:30 AM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

pele mountain resources inc (GEM) Snapshot

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03/6/14 - C$0.10
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12/23/13 - C$0.04
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pele mountain resources inc (GEM) Details

Pele Mountain Resources Inc. is engaged in the exploration and development of mineral resource properties in Canada. It principally holds a 100% interest in the Eco Ridge Mine Rare Earths and Uranium project that consists of 394 mining claim units and 2 mining leases covering approximately 18,000 acres located in Elliot Lake, Ontario. The company is headquartered in Toronto, Canada.

pele mountain resources inc (GEM) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$265.0K
Chief Financial Officer and Vice President of...
Total Annual Compensation: C$30.0K
Compensation as of Fiscal Year 2013.

pele mountain resources inc (GEM) Key Developments

Pele Mountain Resources Inc. Updates Progress at its Eco Ridge Mine Rare Earth and Uranium Project

Pele Mountain Resources Inc. provided an update on its Eco Ridge Mine Rare Earth and Uranium Project (Eco Ridge) in Elliot Lake, Ontario. Pele continues to achieve progress toward its primary corporate objective: the sustainable development of Eco Ridge. The Company continues to advance a processing optimization test program in preparation for a small-scale pilot processing operation. Pele recently performed a suite of flotation tests that successfully demonstrated that most of the pyrite in the main conglomerate bed can be effectively separated from the rest of the mineralization without a significant loss of rare earths or uranium. Pele remains engaged in discussions with rare earth and uranium end-users in pursuit of long-term off-take agreements and/or strategic partnerships to support development funding. Pele also remains engaged with governments, the private sector, local communities, and academic institutions, and has mobilized a world class team to develop the next generation of rare earth and uranium production in Elliot Lake.

Pele Mountain Resources Inc. Nominates Janis Peleshok to its Board of Directors

Pele Mountain Resources Inc. announced that Ms. Janis Peleshok has been nominated to join its Board of Directors at the company's upcoming Annual Meeting of Shareholders. During 2013 and early 2014, Ms. Peleshok has acted as an advisor to Pele. Ms. Peleshok has wide-ranging experience as a strategic planning and business development consultant.

Pele Mountain Resources Inc., Annual General Meeting, Mar 06, 2014

Pele Mountain Resources Inc., Annual General Meeting, Mar 06, 2014., at 10:30 US Eastern Standard Time. Location: offices of its solicitors, WeirFoulds LLP, Toronto-Dominion Centre. Agenda: To receive and consider the audited consolidated financial statements of the corporation for the financial period ended September 30, 2013, together with the auditors' report thereon; to elect directors of the corporation; to reappoint Collins Barrow LLP, as the auditors of the Corporation to hold such office until the close of the next annual meeting of shareholders and to authorize the directors of the corporation to fix the auditors' remuneration; to consider and, if thought advisable, pass an ordinary resolution of shareholders ratifying for the ensuing year the corporation's stock option plan, reserving for grant options to acquire up to a maximum of 10% of the issued and outstanding shares of the corporation calculated at the time of each stock option grant; and to transact such other business as properly may be brought before the meeting or any adjournment or adjournments thereof.


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