Nordique Critical Metals Announces TSXV Final Approval for its Acquisition of Option to Earn Up to 80% Interest in the Kwyjibo Rare Earth Project in Québec; Files Amended 2026 Kwyjibo PEA Report
MONTRÉAL, Oct. 13, 2026 (GLOBE NEWSWIRE) — Nordique Critical Metals Inc. (formerly, Consolidated Lithium Metals Inc.) (TSXV: NQC | FRA: J6K | OTCQB: JORFF) (“NQC” or the “Company”) is pleased to announce that it has received final approval from the TSX Venture Exchange (“TSXV”) for its previously announced acquisition of an option to earn, subject […]
Nordique Critical Metals Inc. has received final approval from the TSX Venture Exchange for its acquisition of an option to earn up to 80% interest in the Kwyjibo Rare Earth Project in Quebec’s Côte-Nord region. The transaction, which involves a definitive agreement with SOQUEM Inc., requires Nordique to make payments totaling C$23.15 million over five years to acquire a 60% interest.
Phase II of the agreement allows Nordique to acquire an additional 20% interest over three years following Phase I completion. The Kwyjibo Project hosts rare earth elements such as neodymium, praseodymium, dysprosium, terbium, and yttrium and is located 125 kilometers northeast of Sept-Îles. The project remains subject to a 1.5% net smelter return royalty to Iron Ore Company of Canada.
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