SECURITIES RELATED QUESTIONS:
Are you now a publicly traded or private company?
On January 5, 2021 Can-Cal lost its exchange-traded status. However, your stocks/shares remain of value. You are encouraged not to remove any broker account held shares from your brokerage account and continue to keep safe your stock/share certificates if you hold any stock/shares outside of a brokerage trading account.
Can-Cal is exploring many options. We are looking into all options including re-listing on a Canadian exchange and trading markets that provide RSP and TFSA eligibility. The experts we have looking at this agree this is the right time in the life of Can-Cal to explore these options on behalf of Shareholders.
MINING AT PISGAH CRATER:
Is there a NI-43101 available for Pisgah Crater?
No, and there doesn't need to be. National Instrument #43101 is a reporting system that allows companies to publish resource estimates among other things to ensure that, in part, an exploration-stage or mining company can raise money based on the resource. It is not required for mining and is not a necessary expense to begin mining. Besides, Can-Cal does not see any need at this time to issue a prospectus to raise funds.
Are Can-Cal’s operations respectful of the environment?
ESG (Environment, Social, and Governance) is so very important to the current Can-Cal board. Because it is right to do this we are operating in this way and will continue to. In this day and age if you are not operating with the environment and community top of mind you will not be attractive to those wishing to buy shares. We will keep our mining contractors accountable to mining sustainabilty and with great care for the environment.
On May 24, 2020 Can-Cal and AMR entered in to a Definitive Agreement for AMR to mine Pisgah Crater for precious metals. We press released this on SEC Edgar reporting and widely by news release. See here https://www.sec.gov/Archives/edgar/data/1083848/000168316820001797/cancal_8k.htm The Can-Cal/AMR definitive agreement was a real "team Can-Cal" effort.
Has AMR completed a pilot project?
Yes, the initial pilot project was completed this past summer in Arkansas. Smelting of concentrates are now underway and results will be tested in multiple labs to check for consistency of results. Onsite Pisgah Crater mine permitting and construction is scheduled to begin in 2024.