Prospector Metals and Lightning Resource Extend Deadlines; First Canadian Graphite Secures Property Agreement
Prospector Metals Corp. and Lightning Resource Corp. have extended the Escrow Deadline and the closing date for their asset acquisition to August 31, 2026. First Canadian Graphite Inc. has received regulatory approval for a 100% property option in Northern Quebec, committing $30,000 and 1.2 million shares over three years.
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Prospector Metals Corp. and Lightning Resource Corp. have agreed to extend the Escrow Deadline and the deadline for a share purchase agreement to August 31, 2026. The companies previously completed a private placement, issuing 8,000,000 subscription receipts for $4 million on July 24, 2026.
First Canadian Graphite has secured approval for a property option in Northern Quebec, requiring $30,000, 1.2 million common shares, and $500,000 in exploration expenditures. The Lac Guéret South Project has identified a 3.3 km high-grade graphite anomaly, with surface samples showing up to 43.4% graphitic carbon. These developments indicate potential growth in resource portfolios and exploration activities in the region.
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