𝛼SK or Searchbullish
SCM: To Acquire 75% Interest in Péribonka Rare Earth Project
SUMMARY
- What you need to know: • SCM has entered into an agreement to acquire a 75% interest in the Péribonka Rare Earth Element (REE) and Niobium Carbonatite Project in Québec’s Saguenay–Lac-Saint-Jean region.
- • The project lies within the Saguenay Graben, a well-established structural corridor hosting multiple alkaline and carbonatite intrusions.
- • The consideration for the project consists of 1.0M Steadright shares (at $0.12/share), with 600,000 shares issued immediately (subject to a four-month hold), and the remaining 400,000 shares to be issued within six months.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- SCM: To Acquire 75% Interest in Péribonka Rare Earth Project12 Sep 2026
x