Nordique Critical Metals Gets TSXV Nod for Kwyjibo Option, Updates PEA
Nordique Critical Metals received final TSXV approval for an option to acquire up to 80% of the Kwyjibo rare earth project in Québec. The deal with SOQUEM involves staged cash, share payments, and project investments, with milestones required to retain the option. The company also filed an amended 2026 preliminary economic assessment that addresses TSXV comments and outlines a 10-year mine life with planned annual output of 10,000 tonnes of total rare earth oxides.
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[paragraph] Need ensure no extra. The expanded section has two paragraphs. Under 120 words total. We need maybe no bullet. Plain text. Good. Potential issue: "The option has two stages" but actually option to earn up to 80% with Phase I and Phase II. Good. Need maybe mention TSXV final approval? Summary already. Expanded additional detail. Could mention "TSXV final approval" but not necessary. The instruction: additional factual detail and background drawn ONLY from material above. We can include exact amounts. Good. Need ensure "under 120 words total" for expanded. We counted 113. Good. But if hyphenated words count? Usually okay. We can trim to be safe. Maybe 110. Let's revise to avoid exact source phrasing and reduce. Expanded: The option is structured in two stages. A 60% interest requires C$23.15 million over five years: C$5.65 million cash, C$5.50 million shares, and C$12 million project spending. Another 20% needs C$22 million over three years: C$4.50 million cash, C$4.50 m